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Change in exit load of Reliance Floating Rate Fund- Short Term Plan


Reliance Mutual Fund changed the exit load of Reliance Floating Rate Fund- Short Term Plan from the previous 0.5 per cent (on redemptions within 3 months) to 1 per cent on redemptions within 12 months from date of allotment. The change will be effective from September 26, 2013.

The fund house also introduced dividend payout and dividend reinvestment option under Dividend plan and Direct dividend plan of the scheme, which will be effective from September 25, 2013.