Monday, August 31, 2009

Reliance MF announces changes under Regular Savings Fund - debt option

Reliance Mutual Fund has decided to revise the maximum investment limit for Reliance Regular Savings Fund - debt option.
Revised maximum investment limit:Accordingly the maximum investment amount per investor (across all folios) is Rs 10 million.
Existing maximum investment limit:The maximum investment amount per investor (across all folios) is Rs 50 million.
The aforesaid revision will come into effect from Sep. 1, 2009.
Reliance Regular Savings Fund is an open ended scheme which seeks to provide the choice of investing in debt, equity or hybrid options with a pertinent investment objective and pattern for each option.

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