Reliance Mutual Fund has announced the revision of scheme name of Reliance NRI Income Fund to Reliance Dynamic Bond Fund. The revision will be effective from 21st May, 2010. All other features of the scheme will remain same. Reliance NRI Income Fund is an open ended income fund with investment objective to generate optimal returns consistent with moderate levels of risks. This income may be complimented by capital appreciation of the portfolio. Accordingly, investments shall predominantly be made in debt instruments. The scheme is managed by Mr. Prashant R. Pimple and is benchmarked against Crisil Composite Bond Fund Index.
Source: News Source - MUTUAL FUND INDIA./ www.karvymfs.com
Source: News Source - MUTUAL FUND INDIA./ www.karvymfs.com
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