Reliance MF Capital Builder Fund III - Series A

Reliance Mutual Fund (MF) has launched a new fund named as Reliance Capital Builder Fund III - Series A, a close ended equity oriented scheme with the duration of 36 months (3 years) from the date of allotment.

During the New Fund Offer (NFO) the scheme will offer units at Rs 10 per unit.

The new issue NFO will be open for subscription from 10 June to 24 June 2015.

This product is suitable for investors seeking long term capital growth and investment in diversified portfolio of equity and equity related instruments with small exposure to fixed income securities with high risk - Brown.

The investment objective of the scheme is to provide capital appreciation to the investors, which will be in line with their long term savings goal, by investing in a diversified portfolio of equity and equity related instruments with small exposure to fixed income securities. Although, the objective of the Fund is to generate optimal returns, the objective may or may not be achieved.

The scheme offers two options viz. growth, dividend payout option, direct plan - growth option & direct plan - dividend payout option.

The scheme will allocate 80% to 100% of assets in diversified equity and equity related instruments with high risk profile and invest upto 20% of assets in debt and money market instruments with low to medium risk profile.

The minimum application amount is Rs. 5,000.

Entry load: Nil.

Exit load: Not applicable for the scheme.

Benchmark Index for the scheme is S&P BSE 200 Index.

The fund managers of the scheme are Omprakash Kuckian and Jahnvee Shah (Fund manager-overseas investments).

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