Reliance Mutual Fund has provided an add on feature of life insurance feature cover under a Group Term Insurance to Individual Investor opting for an add on feature which is called "Reliance SIP Insure", without any extra cost to the investor. (the Cost of the Insurance Premia is being borne by Reliance Capital Asset Management Limited (RCAM).
Reliance SIP Insure facility has been extended to schemes such as Reliance Long Term Equity Fund, Reliance Infrastructure Fund and Reliance Small Cap Fund with effect from 8 June 2011
Currently Sip Insured facility us offered under following Schemes
- Reliance Growth Fund Retail Plan
- Reliance Vision Fund - Retail Plan
- Reliance Equity Opportunities Fund - Retail Plan
- Reliance Equity Fund - Retail Plan
- Reliance Equity Advantage Fund- Retail Plan
- Reliance Regular Savings Fund – Equity option
- Reliance Regular Savings Fund – Balanced option
- Reliance Banking Fund
- Reliance Pharma Fund
- Reliance Media & Entertainment Fund
- Reliance Diversified Power Sector Fund – Retail Plan
- Reliance Natural Resources Fund
- Reliance Quant Plus Fund – Retail Plan
- Reliance Tax Saver (ELSS) Fund
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tax treatment of reliance sip matured
ReplyDeleteHi Anonymous,
DeleteTax Treatment depend mainly on type of funds you invested and also for what period you invested
Whether you invested in equity fund or debt fund
whether that investment you hold for one year or more or less than one year.
Refer this link....
Tax Implications on mutual Fund Gains..
http://mutual-funds-personalfin.blogspot.in/2012/02/tax-implications-on-mutual-fund-gains_27.html