New features introduced in Reliance SIP Insure

Reliance Mutual Fund has decided to introduce/modify certain features in the Reliance SIP Insure with effect from April 11, 2016.

Quarterly and Yearly frequencies will also be available to the investors in addition to Monthly option under the revised provisions. The minimum SIP installment under Quarterly option will be ₹3,000 per quarter & in multiples of ₹1 and Yearly option will be ₹12,000 per year & in multiples of ₹1 {except in the schemes of Reliance Tax Saver (ELSS) Fund & Reliance Retirement Fund where minimum installment shall be in multiples of ₹500 thereafter} while it will be the same under the monthly option.