Fund News

Reliance MF Launches Equity Opportunities Fund

Reliance Mutual Fund has launched Reliance Equity Opportunities Fund. The fund's IPO opens on February 14 and would continue till March 7, 2005.

Reliance Mutual Fund has launched Reliance Equity Opportunities Fund. The fund's IPO opens on February 14 and would continue till March 7, 2005. The scheme aims for long-term capital appreciation through investment in equity and debt market securities. It would charge an entry load of 2.25 per cent for investment below Rs 2 crore and 4.25 per cent for investment in the range of Rs 2 to Rs 5 crore. There won't be any entry load beyond that. The minimum subscription amount is Rs 5,000.

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