Reliance Mutual Fund plans to launch a new scheme called Reliance Infrastructure Fund- an open-ended equity scheme.
The Scheme will offer two plans- retail and institutional option and both plans will offer- growth plan with growth option and bonus option and dividend plan with dividend payout option and dividend reinvestment option. The scheme may invest upto 65%-100% in equities and equity related securities including the derivatives. At least 65% of investment would be made in equity/equity related securities of companies engaged in infrastructure sectors and infrastructure related sectors. Apart from this, the scheme will invest upto 35% in debt and money market securities including investments in securitized debt. Investment in securitized debt should be upto 30%.
The Scheme will offer two plans- retail and institutional option and both plans will offer- growth plan with growth option and bonus option and dividend plan with dividend payout option and dividend reinvestment option. The scheme may invest upto 65%-100% in equities and equity related securities including the derivatives. At least 65% of investment would be made in equity/equity related securities of companies engaged in infrastructure sectors and infrastructure related sectors. Apart from this, the scheme will invest upto 35% in debt and money market securities including investments in securitized debt. Investment in securitized debt should be upto 30%.
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