Launch of NFO "Reliance Equity Advantage Fund- An open-ended Diversified Equity Scheme "

NFO dates
Opens on: 12th June 07
Closes on: 10th July 07A brief on the product...

Sector weightage of Reliance Equity Advantage Fund will mirror exactly that of Nifty on a
Monthly basis.

80% of stocks within each sector will be constituents of Nifty, though not necessarily with their Nifty weights

20% of stocks can be non-Nifty in each sector to provide the additional Alpha possibilities and opportunities

Flexibility of going short exists, but on a net basis sector weightages will be maintained in line with Nifty