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Tuesday, August 25, 2009

Religare MF Announces Change

Change in features, terms & conditions of SIP, STP & SWP

Religare Mutual Fund has decided to revise the features, terms and conditions of Systematic Investment Plan (SIP), Systematic Transfer Plan (STP) and Systematic Withdrawal Plan (SWP) of schemes of the fund house.

The changes will be applicable on a prospective basis with respect to SIP, STP and SWP registered with the fund house on or after 26 August 2009 in respect of schemes other than Religare Business Leaders Fund and Religare Credit Opportunities Fund. For Religare Business Leaders Fund and Religare Credit Opportunities Fund, the changes will be effective from the date on which the respective schemes open for ongoing subscription / redemption.

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