Reliance MF Comes Out Exit Load In Four Equity Funds

Reliance Mutual Fund will be introducing exit load structure in its four equity funds: Reliance Growth Fund, Reliance Vision Fund, Reliance Equity Fund and Reliance Equity Opportunities Fund. From 21 May 2007 onwards, these funds will charge an exit load of 1% for investment amount less than Rs 5 crore if redeemed within 6 months and 0.50% for investment amount less than Rs 5 crore if investment is redeemed after 6 months but before 1 year.