
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.