Reliance Mutual Fund launches Reliance Junior BeES FoF

Mutual Fund
Feb 18, 2019 by Advisorkhoj Team | Mutual Fund | 14 Downloaded

NFO period: 18th February – 28th February, 2019

Highlights of the NFO:

  • Scheme type – An Open Ended fund of funds scheme investing in Reliance ETF Junior BeES

  • Investment objective – The investment objective of the scheme is to seek to provide returns that closely correspond to returns provided by Reliance ETF Junior BeES by investing in units of Reliance ETF Junior BeES. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved.

  • Product suitability – The product is suitable for investors who are seeking long term capital appreciation returns that will commensurate with the performance of Reliance ETF Junior BeES through by investing in units of Reliance ETF Junior BeES.

  • Minimum Application Amount – First investment is Rs. 5,000/- and multiples of Rs. 1/- thereafter

  • Plan/ Options available – Direct Plan and Regular Plan having Growth Option, Dividend Payout and Reinvestment Option.

  • Fund Managers – Mr. Mehul Dama

  • Benchmark – Nifty Next 50 Index

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

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