Jul 27, 2012, 02.00 PM IST

Reliance MF to revise exit load of Short Term Fund

Reliance Mutual Fund has decided to revise the exit load of Reliance Short Term Fund, with effect from August 10, 2012.

Source: Moneycontrol.com
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Reliance Mutual Fund has decided to revise the exit load of Reliance Short Term Fund, with effect from August 10, 2012.


Accordingly, the exit load charge will be 0.50% of applicable NAV if redeemed / switched out on or before completion of 6 months from the date of allotment of units. If redeemed after 6 months from the date of allotment of units, the exit load will be Nil.


Reliance Short Term Fund, is an open ended income scheme. The primary objective of the scheme is to generate stable returns for investors with a short-term investment horizon by investing in fixed income securities of a short-term maturity.


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