Reliance Mutual Fund announced the merger of Reliance Natural Resources Fund into Reliance Vision Fund effective from September 7, 2013. Following the merger, the fundamental attributes of Reliance Vision Fund will change to some extent. Post-merger, the scheme can invest 65-100 per cent of its assets in equity related instruments, against previous 60-100 per cent. Debt and money market instruments can comprise 0-35 per cent share against previous 0-30 per cent.
Investors in either of the funds can exit, if willing to, from August 8, 2013 to September 6, 2013.