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Reliance Mutual Fund

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Select funds of Reliance Mutual Fund

  • Reliance Vision Fund
  • Reliance Large Cap Fund (formerly known as Reliance Top 200 Fund)
  • Reliance Quant Fund (formerly known as Reliance Quant Plus Fund)
  • Reliance Balanced Advantage Fund (formerly known as Reliance NRI Equity Fund)
  • Reliance Index Fund - Nifty plan
  • Reliance Index Fund - Sensex Plan
  • Reliance Tax Saver (ELSS) Fund

Reliance Large Cap Fund announce dividend

December 19, 2018

Reliance Large Cap-D and Reliance Large Cap Direct-D: Rs 0.16 per unit

Record Data: December 24, 2018

Reliance Fixed Horizon Fund XXXVII - Series 8 rolls over scheme

August 20, 2018

The maturity date for Reliance Fixed Horizon Fund XXXVII - Series 8 is rolled over for 102 days.

The present maturity date is August 23, 2018.

The new maturity date isDecember 3, 2018.

Reliance Fixed Horizon Fund - XXXVIII - Series 3 NFO period extended

June 27, 2018

The NFO period for Reliance Fixed Horizon Fund - XXXVIII - Series 3 NFO period has been extended.

The closing date is changed from June 27, 2018 to July 03, 2018.

Reliance Large Fund announces dividend

June 18, 2018

Dividend in the following schemes is announced with record date as June 22, 2018

Reliance Large Cap-D: Rs 0.14166528 per unit

Reliance Large Cap Direct-D: Rs 0.14166528 per unit

Reliance Mutual Fund renames nine schemes

April 16, 2018

Effective May 19, 2018, the following schemes will get their new name:

Old / Existing Scheme Name New Scheme Name
Reliance Corporate Bond Fund Reliance Classic Bond Fund
Reliance Floating Rate Short Term Plan Reliance Floating Rate Fund
Reliance Medium Term Fund Reliance Prime Debt Fund
Reliance Money Manager Fund Reliance Low Duration Fund
Reliance Regular Savings Debt Reliance Credit Risk Fund
Reliance Monthly Income Plan Reliance Hybrid Bond Fund
Reliance Liquid Cash Reliance Ultra Short Duration Fund
Reliance Liquid Treasury Reliance Liquid Fund
Reliance Liquidity Fund Reliance Money Market Fund

Reliance FHF XXXVII Series 1 NFO period extended

April 11, 2018

Reliance Mutual Fund has decided to extended the closing date of the New Fund Offer (NFO) period for its scheme - Reliance FHF XXXVII Series 1.

The closing date is changed from April 12, 2018 to April 23, 2018.

Vinay Sharma to be new fund manger for Reliance Banking Fund

April 5, 2018

Reliance Banking Fund will have Vinay Sharma in place of Sanjay Parekh as its fund manager. This change will be effective April 09, 2018.

As of February 2018, the scheme has an AUM of Rs 2,942.17 cr.

Investing from Reliance Mutual Fund Official Website

Benchmark change for two schemes

March 27, 2018

Effective immediate, the benchmark of Reliance Growth Fund is changed from S&P BSE 100 to S&P BSE Midcap. The benchmark of Reliance Banking Fund is changed from Nifty 500 Banks Index to Nifty Bank.

Reliance Mutual Fund renames some of its schemes

Effective April 28, 2018, the following scheme name changes will become effective.

Old / Existing Scheme Name New Scheme Name
Reliance Diversified Power Sector Fund Reliance Power & Infra Fund
Reliance Media & Entertainment Fund Reliance Consumption Fund
Reliance NRI Equity Fund Reliance Balanced Advantage Fund
Reliance Quant Plus Fund Reliance Quant Fund
Reliance Regular Savings Fund - Balanced Option Reliance Equity Hybrid Fund
Reliance Regular Savings Fund - Equity Option Reliance Value Fund
Reliance Top 200 Fund Reliance large Cap Fund

Reliance Focused Large Cap Fund merged with Reliance Mid & Small Cap Fund

In a step to consolidate schemes as per SEBI recommendations, Reliance Mutual Fund has decided to merge its Reliance Focused Large Cap Fund with Reliance Mid & Small Cap Fund.

Merger of schemes is, in one way good because it leads to schemes with fatter AUM and there by less expenses in running the scheme.

However, it is a bit surprising that a Focused Largecap is merged with a Mid & Smallcap Fund.

The effective date of the merger is April 28, 2018.

Limits subscription in Reliance Small Cap Fund

Reliance Mutual Fund, in its Notice cum Addendum No 199, dated March 20, 2018, has put limits on subscriptions in Reliance Small Cap Fund.

The aforesaid limit will be applicable with effect from March 26, 2018, subject to the following conditions:

Fresh/ additional subscriptions/switch-ins will not be allowed/ accepted at any point of time till further notice, from the effective date.

Fresh registrations through Systematic Investment Plan (“SIP”) or Systematic Transfer Plan (“STP”) or such other special product shall continue with each installment being less than or equal to Rs. 1 lakh till further notice.

The aforesaid restriction will not affect SIP or STP or such other special product registered prior to the effective date and the unitholders under Dividend Reinvestment and Payout Option of Direct Plan and other than Direct Plan.

Detailed notice is at https://www.reliancemutual.com/InvestorServices/Addenda/Notice-No-198-199-W16xH3.pdf

Minimum Redemption Amount

Reliance Mutual Fund, in its Notice cum Addendum No 199, dated March 20, 2018, has made a small change in regard to Minimum Redemption Amount.

Existing: Redemptions can be of minimum amount of Rs 100 or any number of units

Revised: Redemptions can be of minimum amount of Rs.100 or any number of units {(except for ‘Redemption by means of Reliance Any Time Money Card (“The Card”)}. Redemption by means of Reliance Any Time Money Card (“The Card”) can be of any amount.

Detailed notice is at https://www.reliancemutual.com/InvestorServices/Addenda/Notice-No-198-199-W16xH3.pdf

Dividend in Reliance Equity Savings Fund

Record date for the dividend is has been fixed as March 26, 2018

  • Reliance Equity Savings Direct-D - Rs. 1 per unit
  • Reliance Equity Savings-D - Rs. 1 per unit
  • Reliance Equity Savings Direct-DM - Rs. 0.08 per unit
  • Reliance Equity Savings-DM - Rs. 0.08 per unit

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