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Objective : Reliance Income Fund aims to generate optimal returns consistent with moderate levels of risk. This income may be complemented by capital appreciation of the portfolio. Accordingly, investments shall predominantly be made in Debt & Money Market Instruments.
Structure : Open-ended Income Scheme
Inception Date : December 27, 1997
Plans and Options under the Plan :
Growth, Monthly Dividend Plan, Quarterly Dividend Plan, Half-Yearly Dividend Plan, Annual Dividend Plan.
Face Value (Rs/Unit): Rs. 10
Minimum Investment :
Growth Plan: Rs. 5000; Monthly Dividend Plan: Rs. 25,000; Quarterly Dividend Plan: Rs. 10,000; Half Yearly Dividend Plan: Rs.5,000; Annual Dividend Plan: Rs. 5,000
Entry Load : Nil.
Exit Load : 0.5% if redeemed within 6 months for subscription upto Rs. 5lacs; 0.10% if redeemed within 7 working days from the date of allotment of units for subscription amounts exceeding Rs. 5 lacs.
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