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    HomeNewsBusinessMutual FundsReliance MF files offer document with SEBI for close-ended equity scheme

    Reliance MF files offer document with SEBI for close-ended equity scheme

    Series A – Series E will have tenure of 18 months to 60 months from the date of allotment

    Himadri Buch
    July 20, 2017 / 13:48 IST

    Himadri Buch

    Moneycontrol News 

    Reliance Mutual Fund has filed an offer document with the Securities and Exchange Board of India seeking approval to launch Reliance Capital Builder Fund-IV, according to the information on the capital market regulator's website.

    Series A – Series E will have a tenure of 18 months to 60 months from the date of allotment. The fund house will decide the tenure at the time of the launch.
    A close-ended equity oriented scheme will invest at least 80 percent of its corpus in equity and equity-related instruments, while the balance 20 percent will be deployed in debt and money market instruments.

    Other Features:

    Plans: Regular and direct;
    Options: Growth and dividend;
    Minimum investment: Rs 5,000 and in multiples one rupee thereafter;
    Entry load: Nil;
    Exit load: Nil;
    Benchmark index: S&P BSE 200 Index
    Fund Managers: Samire Rachh and Jahnvee Shah
    Himadri Buch
    Himadri Buch
    first published: Jul 20, 2017 01:48 pm

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