Fund News

Changes under Reliance Floating Rate Fund

Reliance Mutual Fund has approved the following changes under Reliance Floating Rate Fund, effective

Reliance Mutual Fund has approved the following changes under Reliance Floating Rate Fund, effective May 24, 2010.

Following are the changes:

Particulars  Existing  Revised
Scheme name Reliance Floating Rate Fund Reliance Floating Rate Fund – Short Term.
Scheme type Open ended Liquid Scheme Open ended Income Scheme.
Load: Nil. 0.25% if redeemed within 3 months from the date of allotment.
Plans Growth and Dividend  Growth and Dividend
Growth Plan Growth option Growth option
Dividend Plan  
a.Dividend Pay-out  Monthly Dividend Payout Weekly Dividend Payout
  Monthly Dividend Payout
  Quarterly Dividend Payout
b.Dividend reinvestmnet  Daily Dividend Re-investment  Daily Dividend Re-investment
 Weekly Dividend Re-investment  Weekly Dividend Re-investment
 Monthly Dividend Re-investment  Monthly Dividend Re-investment
  Quarterly Dividend Re-investment
Minimum amount Rs.25,000 Rs.5,000


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