Further to our Notice No. 20101029-31 dated October 29, 2010 regarding Limiting subscription of units in Reliance Small Cap Fund on BSE StAR MF Platform.
MFIs/MFDs/RIAs are hereby informed that we have received communication from Reliance Capital Asset Management Ltd. for revision of Maximum Purchase amount for subscription in Reliance Small Cap Fund on BSE StAR MF Platform with effect from March 26, 2018.
Further, as intimated by AMC, Fresh/ additional subscriptions/switch-ins will not be allowed/ accepted at any point of time till further notice.
The fresh Systematic Investment Plan (SIP) and Systematic Transfer Plan (STP) with Reliance Small Cap Fund as the target scheme shall be accepted up to Rs. 1 Lakh/- per instalment for each SIP and STP registered.
The above mentioned restrictions will not affect any Systematic Investment Plan (SIP) and Systematic Transfer Plan (STP) registered prior to effective date.
Further, Please find enclosed the addendum issued by Reliance Capital Asset Management Ltd. in this regard.
Ketan Jantre Zeeta Eustace
General Manager- Mutual funds Sr. Manager – Mutual Funds |