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Reliance Corporate Bond Fund reduces exit load to 1 per cent


Reliance Mutual Fund has revised the exit load of Reliance Corporate Bond Fund to 1 per cent if redeemed within 12 months. Currently, it is 1.50 per cent if redeemed within 12 months and 1 per cent if redeemed after 12 months but within 24 months.

The effective date is April 27, 2015.

The fund house has also announced dividend under Reliance Dual Advantage FTF II Plan A-D and Reliance Dual Advantage FTF II Plan B-D. The quantum of dividend shall be ₹0.0722 per unit.

The record date has been fixed as April 29, 2015.