| Reliance launches a new fund offer for a small-cap fund |
| Name of fund: Reliance Small-cap fund |
| Investment objective: The primary investment objective of the scheme is to generate long term capital appreciation by investing predominantly in equity and equity related instruments of small cap companies and the secondary objective is to generate consistent returns by investing in debt and money market securities. |
| Benchmark: BSE Small Cap Index |
| Proposed asset allocation: |
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Equity & equity related securities of small cap companies including derivatives - 65% 100% Equity & equity related securities of any other companies including derivatives - 0% - 35% Debt & Money Market Securities **(including investments in securitised debt) - 0% - 35% |
| Fund Manager: Sunil Singhania |
| Investment details: Minimum application amount: Rs. 5000 |
| Entry load: Nil |
| Exit load: 2% If redeemed or switched out on or before completion of 12 months from the date of allotment of units 1% If redeemed or switched out after 12 months but on or before completion of 24 months from the date of allotment of units Nil if redeemed or switched out after the completion of 24 months from the date of allotment of units. |
| FundsIndia comment:
This scheme is suitable for aggressive investors looking to out-perform the market significantly over the long-run. It could add an edge to a well-diversified, balanced portfolio with a mixture of large/mid-cap funds and debt exposures. |
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Disclaimer: Mutual fund investments are subject to market risks. Please read the offer document carefully before investing. |
