Reliance Mutual Fund has revised the exit load of the following schemes:
|Scheme Name||Existing Exit Load||Revised Exit Load|
|Reliance Mid & Small Cap||1% if redeemed on or before 18 months||1% if redeemed on or before 1 year|
|Reliance Small Cap||2% if redeemed on or before 12 months & 1% if redeemed after 12 months but on or before 24 months|
|Reliance Top 200||1% if redeemed on or before 18 months|
The effective date is April 20, 2015.
The fund house has also announced dividend under the dividend option of Reliance FHF XXV Series 21-D, Reliance FHF XXV Series 21 Direct-D, Reliance FHF XXVI Series 13-D and Reliance FHF XXVI Series 13 Direct-D. The quantum of dividend will be the entire distributable surplus as on the record date. The schemes also get a roll over for 736 days. The schemes shall now mature on April 25, 2017.
The record date has been fixed as April 20, 2015.