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Reliance MF to launch close-ended equity scheme

The scheme will provide capital appreciation to the investors for long-term goal of savings.

November 16, 2013 11:38 IST | India Infoline News Service
Reliance Mutual Fund on Friday said it will launch a new scheme -- Reliance close-ended equity fund- series A -- having a five year lock-in period.

The new fund offer will open for subscription from November 15 and close on November 29.

The scheme will provide capital appreciation to the investors for long-term goal of savings.

Reliance MF had an average assets under management of Rs 93,249 crore at the end of September quarter.

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