Reliance MF launches Banking Exchange Traded Fund
Read it here : http://www.investorline.co.in/blogger/?q=node/69
Name of Fund: Reliance Banking Exchange Traded Fund
Scheme: It is a open ended exchange listed index linked scheme.
Objective: The investment objective of Reliance banking exchange-
traded fund is to provide returns that, before expenses, closely
correspond to the total returns of the securities as represented by
the CNX Bank Index.
Fund Opens: 12 May 2008
Fund Closes: 30 May 2008
Face Value: Rs 10 per unit.
Entry Load: The schemes will an entry load of 2.25% for all investors.
Read it here : http://www.investorline.co.in/blogger/?q=node/69