The scheme aims to generate consistent returns by investing a major portion in equity and a small portion in debt and money market instruments. It will invest upto 50 per cent of its assets in equities and equity related securities and atleast 25 per cent of its assets in debt and money market instruments with an average maturity of 1 to 7 years.
Exit Load for all subscriptions W.E.F April 09, 2015 is 1% if redeemed/Switched out on or before completion of 12 months from the date of allotment of units. Nil thereafter. Wef 19/10/2015, 10% of the units allotted shall be redeemed without any exit load, on or before completion of 12 months from the date of allotment of units
Mr. Parekh is a B.Com (H) and Chartered Accountant.Mr. Budhia has done CA Prior to joining Reliance Mutual Fund he has worked with ICICI Prudential MF, Ask Investments Managers, Prabhudas Lilladher, Sunidhi Consultancy Services, Insight Asset Management and Capital Market Magazine.Prior to joining Nippon India Mutual Fund, he has worked with YES Bank as Senior President, Axis Bank and UTI Mutual Fund.
Other Funds Managed by Sanjay Parekh,Sushil Budhia