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Sunday, February 1, 2015

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

For further information visit: www.reliancemutual.com

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