Reliance Tax Saver To Discontinue From Providing Insurance Cover

Reliance Mutual Fund amended the offer document of Reliance Tax Saver (ELSS) Fund. As per the amendment, the fund house will discontinue the personal accident death insurance cover, which was available under the scheme. The above revision is applicable from 2 July 2007 and thus no such cover will be available on subscription made on or after 2 July 2007. All the other features and scheme available under the scheme will remain same. Reliance Tax Saver (ELSS) Fund is an open-ended equity linked saving scheme, which aims at generating long term capital appreciation by investing in a portfolio of equity, and equity related instruments.