VR Logo

Reliance Monthly Income Plan: Change in Minimum Application Amount


Effective December 7, 2010 Reliance Mutual Fund has notified a change in minimum application amount under Reliance Monthly Income Plan. Now, the minimum application amount will be Rs. 5000 and in multiples of Re. 1 thereafter, for all the plans under the scheme.

Earlier the minimum application amount was Rs.25, 000 and in multiples of Re.1 thereafter, for Monthly Dividend Plan and Rs.10, 000 and in multiples of Re. 1 thereafter, for Quarterly Dividend Plan and Growth Plan.