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Change in Creation of Unit Size under Religare Nifty ETF

Religare Mutual Fund has decided to reduce the creation unit size of Religare Nifty ETF from 10,000 units to 5,000 units and in multiples thereof, with effect from July 4, 2011.

Accordingly, Authorized Participants and Large Investors can subscribe to or redeem the units of the scheme directly with Religare Mutual Fund in creation unit size of 5,000 units and in multiples thereof on all business days at applicable NAV.