Think Gold SIP - Think Reliance MF !

Reliance Gold Savings Fund - an open ended Fund of Fund Scheme – For investors wishing to do a GOLD SIP!!

INVESTMENT OBJECTIVE -

The investment objective of the Scheme is to seek to provide returns that closely correspond to returns provided by Reliance Gold ETF.

HIGHLIGHTS OF THE SCHEME –

·Introducing the first fund of fund in India which enables you to reap the returns of Positioning of the Fund gold as an asset class in a paper form without the need of a demat account

·Reliance Gold Savings Fund provides an easy and a convenient way for at least 10% allocation as Portfolio Diversification.

·It endeavors to inculcate a regular savings habit to accumulate gold in small amounts through MICRO Systematic Investment Plan and Systematic Investment Plan

·It enables you to avail long term taxation benefits from 1 year unlike physical gold wherein long term taxation can be availed after 3 years

·The fund seeks to provide returns that closely correspond to the returns provided by Reliance Gold Exchange Traded Fund, which in turn invest in physical gold.

SCHEME FEATURES
Launch Date:14th February, 2011
Close Date:28th February, 2011
Options:Growth & Dividend
Fund Manager:Mr. Hiren Chandaria
Benchmark:Price of physical gold.
Min. Investment:Rs.5000
Min SIP Investment:Rs.100
Entry Load:Nill
Exit Load:<>= 12 months: Nil
Face Value:Rs.10

The Fund Manager may invest in Liquid Schemes of Reliance Mutual Fund. However, the Fund Manager may invest in any other scheme of a mutual fund registered with SEBI, which invest predominantly in the money market securities.

The deviation from the underlying ETF may occur mainly on account of the receipt of cash flows which on an average takes 5 days given the existing operational procedure.


For further details pleas contact on the below mentioned numbers:

40156688/40156692/40156699


Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd