Mumbai: Religare Mutual Fund has changed the name of
its two plans - Religare Active Income Fund –
Regular Plan to Religare Active Income Fund – Plan A and
Religare Active Income Fund – Institutional Plan
to Religare Active Income Fund – Plan B with effect from May 5, 2011.
Religare
Active Income Fund is an open ended income fund with the investment objective
to generate optimal returns while maintaining liquidity through active
management of the portfolio by investing in debt and money market instrument. The scheme is
managed by Sujoy Das. It is benchmarked against CRISIL Composite Bond Fund Index.
