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<%=strDesc%>Average Assets Under Management (AAUM) of Rs. 1,15,753 CRORES (AAUM for February 2010) and an investor base of over 75 Lakh folios as per AMFI www.amfiindia.com
Eligibility: For individuals of >20 years and <46 years of age. Minimum Investment Amount: Rs.1000 per month. Minimum Term: 3 years. Maximum Insurance Cover: Rs.10 Lakhs per investor across all schemes / plans and folios. Maximum Period of Contribution: 15 years OR till attaining 55 years of age, whichever is earlier. Load Structure: Entry Load: As prescribed in the respective schemes. Exit Load: 2% if redeemed before the completion of Term. Cost of Insurance borne by the AMC. Available under selective schemes.
Free life insurance cover provided as a part of an add on feature called as ‘Reliance SIP Insure’ arranged and funded by Reliance Capital Asset Management Limited through “Reliance Group Term Insurance Scheme” of Reliance Life Insurance Company Limited for insuring the outstanding SIP Insure installments. Subject to Conditions
Sponsor: Reliance Capital Limited Trustee: Reliance Capital Trustee Co. Limited Investment Manager:Reliance Capital Asset Management Limited. Statutory Details: The Sponsor, the Trustee and the Investment Manager are incorporated under the Companies Act 1956. Risk Factors: Mutual Funds and securities investments are subject to market risks and there is no assurance and no guarantee that the Schemes objectives will be achieved. As with investments in any securities, the NAVs of the units issued under the Scheme can go up or down depending on the factors and forces affecting the securities market. Past performance of the Sponsor/AMC/Mutual Fund is not indicative of future performance of the Scheme. Various schemes launched by Reliance Mutual Fund are only the name of the schemes and do not in any manner indicate either the quality of the Schemes, its future prospects or returns. The Sponsor is not responsible or liable for any loss resulting from the operation of the Scheme beyond their initial contribution of Rs.1 lac towards the setting up of the Mutual Fund and such other accretions and additions to the corpus. The NAV of the Schemes may be affected, interalia, by changes in the market conditions, interest rates, trading volumes, settlement periods and transfer procedures. The Mutual Fund is not guaranteeing or assuring any dividends/ bonus. The Mutual Fund is also not assuring that it will make periodical dividend/ bonus distributions, though it has every intention of doing so. All dividend/ bonus distributions are subject to the availability of distributable surplus in the respective Scheme. For more details, please refer to the SIP Insurance Addendum. The same is available at all the DISCs/ Distributors of RMF/www.reliancemutual.com. Please read the offer document of the respective scheme carefully before investing.
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Disclaimer
This is just an illustration, explaining the power of compounding concept and should not be assumed as a promise, guarantee or forecast on minimum returns and safeguard of capital. SIP does not assure a profit or guarantee protection against loss in a declining market. The calculation shows the outcome of investing a specified amount at a certain assumed rate of return per annum. |
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