Reliance Mutual Fund has revised the load structure in its three funds namely:- Reliance Income, Reliance MIP and Reliance Vision.
Reliance Income Fund and Reliance MIP - For redemption amount up to Rs 5 lakh, an exit load of 0.5 per cent will be charged if redeemed within six months. And for amount above this limit, no exit load will be charged. Earlier, this limit was of Rs 1 lakh. There is no change in the entry load.
Reliance Vision Fund has introduced an entry load of 2 per cent. Till date, it was a no-load fund.