NFO(New Fund Offer) Reliance Equity Advantage Fund

Reliance Equity Advantage Fund

Scheme Objective:-The primary investment objective of the scheme is to seek to generate capital appreciation & provide long-term growth opportunities by investing in a portfolio predominately of equity & equity related instruments with investments generally in S & P CNX Nifty stocks and the secondary objective is to generate consistent returns by investing in debt and money market securities.

NFO Open From:- 12 /June/07
NFO Closes On :- 10/July/07

Fund Manager :- Ashwani Kumar/Shailesh Raj Bhan

Fund Class:- Equity Diversified
Fund Type :- Open Ended

Asset Allocation/Investment pattern
Under normal circumstances, the anticipated asset allocation would be

Instrument Indicative asset allocation Risk Profile
Equity and Equity related Securities 70% to 100% Medium to High
Debt and Money market securities
(including investments in securitised debt*) 0% to 30% Low to Medium


*Including up to 25% of the corpus in Securitised Debt. An overall limit of 100% of the portfolio value (i.e. net assets including cash) has been introduced for the purpose of equity derivatives in the scheme, however the same is the notional value and it will be seen that, the notional value of the net exposure to derivatives will not exceed the fund corpus at any point of time. Notional value shall mean value of Futures or notional value of the Options.

Options Available :
Retail Plan
Institutional Plan
Each of the above Plans will have Growth & Dividend Plans respectively as specified below

Growth Plan : Growth Option & Bonus Option
Dividend Plan : Dividend Payout Option & Dividend Reinvestment Option

Benchmark Index : S&P CNX Nifty

Application Amount :

Retail Plan - Rs. 5000 per plan per option and in multiples of Re. 1 thereafter
Institutional Plan - Rs. 5 crore per plan per option and in multiples of Re. 1 thereafter

Additional Purchase Amount
Retail Plan - Rs. 1000 per plan per option and in the multiples of Re. 1thereafter
Institutional Plan - Rs. 100,000 per plan per option and in the multiples of Re. 1 thereafter
Load Structure (During the New Fund Offer and continuous offer including SIP)

Entry Load

Plans Entry Load
Retail Plan 2.25%
Institutional Plan Nil


Exit Load

Retail Plan

1% if redeemed/switched on or before completion of 6 months from the date of allotment
0.5% if redeemed/switched between 6 months & before completion of 1 year from the date of allotment
Nil if redeemed/switched after completion of 1 year from the date of allotment.
Institutional Plan : Nil

SIP/Trigger/ STP/ SWP/ DTP/Switch/ Nomination : Available


Please read the offer document carefully before investing.
Mutual Funds investment refers to Market Risk.