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Reliance MF’s Infrastructure plan gathers Rs.2, 350crore

Wednesday, July 1, 2009 5:32 pm
By ShareGyan.com NewsDesk

Reliance MF stated on Wednesday that it has gathered Rs.2, 350crore via its newly-concluded infrastructure scheme.  
Reportedly, the collections are almost over 100% of the shared industry NFO collections in the previous 12 months and few times the quantity of investors for all NFOs united.
The Reliance Infrastructure Fund has gathered Rs.2, 350crore via 4.36lakh applications bagged in 434 centers all over the nation.
The applications are likely to have come from more than 1,000 towns and cities.
The collection number reveals the faith and conviction investors have in Reliance Mutual Fund. This is really amazing bearing in mind that the industry is still improving from the slowdown of 2008.

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