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Friday, September 12, 2014

Reliance MF Announces Change In Exit Load Structure Under Two Schemes

With effect from 18 September 2014 

Reliance Mutual Fund has announced change in exit load structure under Reliance Income Fund and Reliance Short Term Fund, with effect from 18 September 2014. Accordingly the revised exit load will be: 

Reliance Income Fund: Nil. 

Reliance Short Term Fund: 

If redeemed or switched or switched out on or before completion of 3 months from the date of allotment of units, the exit load will be 0.50% of the applicable NAV.

If redeemed after 3 months from the date of allotment of units, the exit load will be Nil.
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