Reliance Mutual Fund has launched the Reliance Capital Builder Fund IV-Series B, a close ended growth scheme. The NFO opens for subscription on October 23, 2017 and closes on November 06, 2017. No entry load and exit load will be applicable for the scheme. The minimum subscription amount is Rs 5000 and in multiples of Re 1 thereafter.
The scheme's performance will be benchmarked against S&P BSE 200 Index and its fund managers are Ashwani Kumar, Meenakshi Dawar, and Jahnvee Shah.
The investment objective of the scheme is to provide capital appreciation to the investors, which will be in line with their long term savings goal, by investing in a diversified portfolio of equity & equity related instruments with small exposure to fixed income securities.