Posted by sushil on May 27th, 2008
| Issue Closes on 30-May-2008 |
| Scheme Objective : Reliance Banking Exchange Traded Fund, is an open-ended, exchange listed, index linked scheme. The investment objective of Reliance Banking Exchange Traded Fund (RBETF) is to provide returns that, before expenses, closely correspond to the total returns of the securities as represented by the CNX Bank Index. However, the performance of Scheme may differ from that of the underlying index due to tracking error. Mutual Fund Family Reliance Capital Asset Management Ltd. |
| Mutual Fund Family |
Reliance Capital Asset Management Ltd. |
| Fund Class |
Equity Index |
| Fund Type |
Open-Ended |
| Investment Plan |
Growth |
| Fund Manager |
Krishan Daga |
| Entry Load |
1.00 % |
| Exit Load |
0.00 % |
| Comment |
Entry Load: The schemes will an entry load of 2.25% for all investors. |
This entry was posted on Tuesday, May 27th, 2008 at 2:02 pm and is filed under Investments, Mutual Funds.
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May 27th, 2008 at 2:27 pm
[...] How To Profits wrote an interesting post today onHere’s a quick excerptReliance Banking Exchange Traded Fund Posted by sushil on May 27th, 2008 Issue Closes on 30-May-2008 Scheme Objective : Reliance Banking Exchange Traded Fund, is an open-ended, exchange listed, index linked scheme. The investment objective of Reliance Banking Exchange Traded Fund (RBETF) is to provide returns that, before expenses, closely correspond to the total returns of the securities as represented by the CNX Bank Index. However, the performance of Scheme may differ from th [...]