Religare Active Income Plan B & Religare Short-term Plan B: Change in Minimum Application Amount

Religare Mutual Fund has announced the change in the Minimum Application Amount of Religare Active Income Plan B & Religare Short-term Plan B, with effect from February 9, 2012.

Religare Active Income Plan B The minimum application amount will be decreased to Rs.25000 per application & in multiples of Rs.1 thereafter from Rs.50,00,000 presently. Similarly, the additional application amount will be reduced from Rs.1,00,000 to Rs.1000.

Religare Short-term Plan B The minimum application amount will be decreased to Rs.25000 per application & in multiples of Rs.1 thereafter from Rs.10,00,000 presently. Similarly, the additional application amount will be reduced from Rs.1,00,000 to Rs.1000.