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
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