Reliance Mutual Fund launches Reliance Equity Savings Fund

Mutual Fund
May 13, 2015 by Advisorkhoj Team | Mutual Fund | 7 Downloaded

NFO period: 12th May – 26th May 2015

Highlights of the NFO:

  • Scheme type – An Open Ended Equity Scheme

  • Investment objective – The primary investment objective of this fund is to generate income and capital appreciation by investing in arbitrage opportunities & pure equity investments along with investments in debt securities & money market instruments. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved.

  • Product suitability – This product is suitable for investors who are seeking Income and Capital Appreciation over long term by Investment predominantly in arbitrage opportunities between cash & derivative market and in unhedged equity

  • Minimum Application Amount – First investment Rs. 5000/- and multiples of Rs. 1/- thereafter.

  • Plan/ Options available – The Scheme offers Growth and Dividend plans under Direct Plan and Other than Direct Plan.

  • Under Growth Plan, Growth and Bonus option available.

    Under Dividend Plans following options available -

    • Dividend Payout Option

    • Dividend Re-investment Option

    • Monthly Dividend Payout Option

    • Monthly Dividend Reinvestment Option

    • Quarterly Dividend Payout Option

    • Quarterly Dividend Reinvestment Option
  • Fund Managers – Mr. Sanjay H. Parekh, Anju Chajjer and Jahnvee Shah

  • Benchmark – 40% of Crisil Liquid Fund Index + 30% of Crisil Short Term Bond Fund Index + 30% in CNX Nifty

( Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)

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