Reliance Mutual Fund has introduced an institutional plan under Reliance Regular Savings Fund-Debt Option, an open ended scheme with effect from July 13, 2009. The said scheme will have retail as well as institutional plan and each plan will have growth and dividend plan (dividend payout and dividend reinvestment). The following changes will be made in the scheme information document of the said scheme:
Under the retail and institutional plans, the minimum application amount of retail plan -Rs 500 per option and in multiples of Re 1 thereafter while for institutional plan: Rs 25 lac per option and in multiples of Re 1 thereafter. Moreover, the additional investment amount under retail plan: Rs 500 per option and in multiples of Re 1 thereafter.
No comments:
Post a Comment