Widely read:
Reliance Mutual Fund has revised the exit load of following schemes:
| Scheme Name | Existing Exit Load | Revised Exit Load |
| Reliance Arbitrage Advantage Fund | 1% if redeemed within 1 month | 0.25% if redeemed within 3 months |
| Reliance Monthly Income Plan | 1% if redeemed within 1 year | 1.5% if redeemed within 12 months 1% if redeemed between 12 months and 24 months |
| Reliance Corporate Bond Fund | 2% if redeemed within 12 months 1% if redeemed between 12 months and 24 months 0.5% if redeemed between 24 months and 30 months | 1.5% 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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