Reliance Retirement Fund (RRF) – NFO

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Reliance Retirement Fund

Retirement planning is one of the most important goals in the life of an individual. Typically, individuals prepare during their 30 years of working age acquiring knowledge, skill and sufficient income in order to live a good life post-retirement. With the increase in life expectancy, post-retirement life is expected to be as long, and hence it is important to plan and aim to accumulate a healthy retirement corpus that could ensure you have a happy and comfortable retirement life.

We are pleased to bring you Reliance Retirement Fund (RRF) – an open-ended notified tax-savings cum pension scheme offering tax benefits u/s 80C. The fund is uniquely designed with an aim to take care of the retirement needs of an individual.

Some of the key features of the Fund are:

2 Schemes – Equity-oriented “Wealth Creation Scheme” (65%-100% in equities) that could be suitable during the accumulation phase and Debt-oriented “Income Generation Scheme” (5%-30% in equities) that could be suitable during the distribution phase.
Enables you to customise your retirement plans
Tax-Saving – As per clause (xiv) of sub-section (2) of Section 80C of the Income Tax Act, 1961, individual investors will get tax deductions for investments up to Rs 1.5 lakhs in a financial year.

NFO Opens: 22nd January, 2015. NFO Closes: 5th February, 2015.
Scheme re-opens for continuous sale and re-purchase not later than 20th Feb 2015.

Product Note, Online Updation of Contact details Product Note Click here for Dividend History Scheme Information Document Other Scheme Performance and Product label KIM cum Application Form
Reliance Retirement Fund – Wealth Creation Scheme
This product is suitable for investors who are seeking*:
• Long term growth and capital appreciation • Investing primarily in equity and equity related instruments and balance in fixed income securities so as to help the investor in achieving the retirement goals • High risk Brown (BROWN)
*Investors should consult their financial advisors if in doubt about whether the product is suitable for them.
Reliance Retirement Fund – Income Generation Scheme
This product is suitable for investors who are seeking*:
• Income over long term with capital growth • Investing primarily in fixed income securities and balance in equity and equity related instruments so as to help the investor in achieving the retirement goals • Medium risk Yellow (YELLOW)
*Investors should consult their financial advisors if in doubt about whether the product is suitable for them.
Offer for Sale of Units at Rs. 10/- per unit during the new fund offer period and Continuous offer for Units at NAV based prices. Reliance Retirement Fund offers two schemes: Reliance Retirement Fund – Wealth Creation Scheme & Reliance Retirement Fund – Income Generation Scheme. Investments in the schemes are subject to a lock-in for 5 years from the date of allotment, subject to the terms & conditions with respect to switches.

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.