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Reliance Mutual Fund changes Minimum Redemption Amount


Reliance Mutual Fund has decided to change the Minimum Redemption Amount in all open ended schemes of Reliance Mutual Fund with effect from June 15, 2016.

Redemption can be of minimum amount of ₹100 or any number of units, under the revised provisions.

The Fund House has also decided to revise the Minimum Application Amount in Daily and Weekly Dividend Options of Reliance Liquidity Fund, Reliance Liquid Fund - Treasury Plan, Reliance Liquid Fund - Cash Plan and Reliance Money Manager Fund effective June 15, 2016.