Reliance Arbitrage Advantage Fund: Revision in Load Structure | Value Research Reliance Mutual Fund has revised the exit load of following schemes: table 1 The fund house
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Reliance Arbitrage Advantage Fund: Revision in Load Structure

Reliance Mutual Fund has revised the exit load of following schemes:

Scheme NameExisting Exit LoadRevised Exit Load
Reliance Arbitrage Advantage Fund1% if redeemed within 1 month0.25% if redeemed within 3 months
Reliance Monthly Income Plan1% if redeemed within 1 year1.5% if redeemed within 12 months 1% if redeemed between 12 months and 24 months
Reliance Corporate Bond Fund2% if redeemed within 12 months 1% if redeemed between 12 months and 24 months 0.5% if redeemed between 24 months and 30 months1.5% if redeemed within 12 months 1% if redeemed between 12 months and 24 months 0.5% if redeemed between 24 months and 36 months

The fund house has decided to roll over Reliance Fixed Horizon fund-XXIV-Series 11 for 749 days. Now, the scheme shall mature on September 13, 2016.

The fund house also announced dividend under the dividend option of Reliance FHF XXIV Series 11-D and Reliance FHF XXIV Series 11 Direct-D.

The quantum of dividend will be the entire distributable surplus as on the record date. The record date has been fixed as August 26, 2014.




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