MUTUAL

FUND

Reliance Nippon Life Asset Management Limited (formerly Reliance Capital Asset Management Limited)
(CIN - L65910MH1995PLC220793)
Registered Office: Reliance Centre, 7th Floor, South Wing, Off Western Express Highway, Santacruz (East), Mumbai - 400 055. • Tel No. +91 022 3303 1000 • Fax No. +91 022 3303 7662 • www.reliancemutual.com
NOTICE CUM ADDENDUM NO. 6
......continued ......continued
NOTICE IS HEREBY GIVEN THAT, in accordance with SEBI Circular No. Existing - Product Label : Please refer existing disclosure in SID
Reliance Corporate Bond Fund
SEBI/HO/IMD/DF3/CIR/P/2017/114 and SEBI/HO/IMD/DF3/CIR/P/2017/126 Proposed - Product Label :
dated October 6, 2017 and December 4, 2017 respectively for “Categorization
Existing - Name of scheme : Reliance Corporate Bond Fund
and Rationalization of Mutual Fund Schemes” Reliance Capital Trustee Co. This product is suitable for investors who are
Ltd (“RCTC”), has approved the changes in fundamental attribute of following Proposed - Name of scheme : Reliance Classic Bond Fund seeking*:
schemes of Reliance Mutual Fund (“the Fund”) ,with effect from May 19, 2018
Existing - Type of the Scheme : An Open ended income scheme • Income over long term
(‘’Effective Date’’).
• Investment in debt and money market
Securities and Exchange Board of India (SEBI), vide its letter no. IMD/ Proposed - Type of the Scheme : An open ended medium term debt
instruments across duration
DF3/OW/P/2018/7407/1 dated March 09, 2018 has taken note for the said scheme investing in instruments such that the Macaulay duration of the portfolio
is between 3 to 4 years. *Investors should consult their financial
proposal.
advisers if in doubt about whether the
Please refer to Note 5 in which the concept of Macaulay’s Duration has been product is suitable for them.
Reliance Banking & PSU Debt Fund
explained
Existing - How will the scheme allocate its assets? : Please
Existing - Type of the Scheme : An Open Ended Income Scheme Existing - Investment Objective : To generate income through
refer Section II - C of the existing SID
Proposed - Type of the Scheme : An open ended debt scheme investments in a range of debt and money market instruments of various maturities
predominantly investing in Debt instruments of banks, Public Sector Undertakings, with a view to maximizing income while maintaining the optimum balance of yield, Proposed - How will the scheme allocate its assets? : Under
Public Financial Institutions and Municipal Bonds safety and liquidity. normal circumstances, the asset allocation shall be as follows:
The scheme would focus its investments predominantly in corporate bonds of Indicative asset allocation
Existing - Product Label : Please refer existing disclosure in SID Risk Profile
various maturities and across ratings for the purpose of achieving regular income (% of total assets)
Proposed - Product Label : and capital appreciation Instruments
High/Medium/
Proposed - Investment Objective : To generate income through Maximum Minimum
This product is suitable for investors who are Low
seeking*: investments in a range of debt and money market instruments of various maturities
with a view to maximizing income while maintaining the optimum balance of yield, Debt & Money Market
• Income over short to medium term 100 0 Medium to Low
safety and liquidity. Instruments
• Investments in debt and money Units issued by REITs and
market instruments of various Existing - Product Label : Please refer existing disclosure in SID 10 0 Medium to High
InvITs
maturities, consisting predominantly Proposed - Product Label :
of securities issued by Banks, Public Debt instruments include securitized debts and liquid schemes launched by SEBI
Sector undertakings, Public Financial This product is suitable for investors who are registered Mutual Fund or schemes that invest predominantly in money market
Institutions & Municipal Bonds seeking*: instruments/ securities.
*Investors should consult their financial • Income over medium term Investment in liquid schemes or schemes that invest predominantly in money
advisers if in doubt about whether the market instruments/ securities will be made for funds pending deployment.
product is suitable for them. • Investment predominantly in debt
and money market instruments with Investment in securitized debts shall not exceed 50% of the net assets of the
portfolio Macaulay Duration of 3 – 4 yrs Scheme.
Existing - How will the scheme allocate its assets? : Please
refer Section II - C of the existing SID *Investors should consult their financial Money market instruments include CBLO/ Repo/Reverse Repo (including
advisers if in doubt about whether the
Proposed - How will the scheme allocate its assets? : corporate bond Repo), certificate of deposit, commercial papers, commercial
product is suitable for them.
bills, treasury bills, Government securities issued by Central and/or State
Under normal circumstances, the indicative asset allocation would be:
Existing - How will the scheme allocate its assets? : Please Government/corporate bonds having an unexpired maturity up to one year,
Indicative asset refer Section II - C of the existing SID call or notice money, Term Deposits, usance bills (BRDS) and any other similar
allocation (% of Risk Profile instruments as specified by the RBI/SEBI from time to time.
Proposed - How will the scheme allocate its assets? : The asset
Instruments total assets) The scheme may have an exposure of upto 25% of its net assets in foreign
allocation under the Scheme, under normal circumstances, will be as follows:
Maxi- Mini- High/ securities. However, the exposure in foreign securities would not exceed the
mum mum Medium/Low Indicative asset maximum amount permitted from time to time.
allocation (% of total Risk Profile
Debt and Money Market Instruments The scheme also intends to invest in foreign debt securities, as and when
Instruments assets)
issued by Banks, Public Sector permitted by SEBI and in accordance with the Regulations then prevailing.
Medium to High/Medium/
Undertakings (PSUs) and Public 100% 80% Maximum Minimum
Low Low The Fund may also enter into “Repo”, “Stock Lending” or such other transactions
Financial Institutions (PFIs) & Municipal
Bonds as may be allowed to Mutual Funds from time to time.
Debt & Money Market Instruments 100 0 Medium to Low
Debt and Money Market Instruments The scheme may invest in derivatives upto a maximum of 50% of its net assets.
Units issued by REITs and InvITs 10 0 Medium to High
issued by other entities, Government Medium to The cumulative gross exposure through debt and derivative positions should not
20% 0% Macaulay duration of the portfolio will be maintained between 3 years – 4 years. exceed 100% of the net assets of the scheme.
Securities issued by Central & State Low
Government The fund manager, in the interest of investors, may reduce the portfolio duration Liquidity in the scheme may be provided through borrowing to meet redemptions
of the scheme upto one year, in case he has a view on interest rate movements in accordance with the SEBI Regulations
Units issued by REITs and InvITs Medium to
10% 0% in light of anticipated adverse situation. Hence, portfolio Macaulay duration under
High The asset allocation indicated above may change from time to time keeping in
anticipated adverse situation may be between 1 year to 4 years.
Debt instruments include securitized debts and liquid schemes launched by SEBI view the market conditions, legislative and regulative amendments and political
Debt instruments include securitized debts and liquid schemes launched by SEBI and economic factors, subject to Regulations. It must be clearly understood that
registered Mutual Fund or schemes that invest predominantly in money market registered Mutual Fund or schemes that invest predominantly in money market
instruments. the percentages stated above are purely indicative and can change substantially
instruments/ securities.
depending on the perception of the Investment Manager with the sole intention of
Investment in liquid schemes or schemes that invest predominantly in money Investment in liquid schemes or schemes that invest predominantly in money protecting the interests of the Unitholders.
market instruments/ securities will be made for funds pending deployment. market instruments/ securities will be made for funds pending deployment.
The AMC reserves the right to change the above asset allocation pattern in the
Investment in securitized debts shall not exceed 50% of the net assets of the Investment in securitized debts shall not exceed 50% of the net assets of the
Scheme. interest of the investors depending on the market conditions for a short term
Scheme. period of defensive consideration. Defensive considerations for this Scheme
Money market instruments include CBLO/ Repo/ Reverse Repo (including include maintaining an adequate float to meet anticipated levels of redemptions,
Money market instruments include CBLO/ Repo/Reverse Repo (including
corporate bond Repo), certificate of deposit, commercial papers, commercial expenses, and other liquidity needs.
corporate bond Repo), certificate of deposit, commercial papers, commercial bills,
bills, treasury bills, Government securities issued by Central & State Government/
treasury bills, Government securities issued by Central and/or State Government In case of any deviation from the asset allocation, the fund manager will carry
corporate bonds having an unexpired maturity up to one year, call or notice
/ corporate bonds having an unexpired maturity up to one year, call or notice out rebalancing within 30 days. Where the portfolio is not re-balanced within 30
money, Term Deposits, usance bills (BRDS) and any other similar instruments as
money, Term Deposits, usance bills (BRDS) and any other similar instruments as
specified by the RBI/SEBI from time to time. Days, justification for the same shall be placed before the Investment Committee
specified by the RBI/SEBI from time to time.
The scheme may invest in derivatives up to a maximum of 50% of its net assets. and reasons for the same shall be recorded in writing. The Investment Committee
The cumulative gross exposure through debt and derivative positions should not The scheme may invest in derivatives upto a maximum of 50% of its net assets. shall then decide on the course of action. However, at all times the portfolio will
exceed 100% of the net assets of the scheme. The cumulative gross exposure through debt and derivative positions should not adhere to the overall investment objectives of the Scheme.
exceed 100% of the net assets of the scheme.
Liquidity in the scheme may be provided through borrowing to meet redemptions Existing - Where will the scheme invest? : Please refer Section II -
in accordance with the SEBI Regulations. The scheme may invest in foreign securities upto 25% of the net assets of the D of the existing SID
scheme.
The investment in Foreign Securities may be made up to 25% of the scheme Proposed - Where will the scheme invest? :
corpus and shall be in accordance with the prescribed Regulations from time to The Fund may also enter into “Repo”, “Stock Lending” , “Short Selling “or such
other transactions as may be allowed to Mutual Funds from time to time. • Overseas Exchange Traded Funds (ETFs)
time.
Liquidity in the scheme may be provided through borrowing to meet redemptions • Units issued by REITs and InvITs as per SEBI guidelines.
The Fund may also enter into “Repo”, “Short Selling” or such other transactions as
may be allowed to Mutual Funds from time to time. in accordance with the SEBI Regulations. Further, please refer Note 3 under Notes
The above is indicative and is subject to change keeping in view the market The asset allocation indicated above may change from time to time keeping in For details of Exit Option Please Refer Note 6
conditions and opportunities, applicable Regulations and politico-economic view the market conditions, legislative and regulative amendments and political
factors. The investment manager in line with the investment objective may alter and economic factors, subject to Regulations. It must be clearly understood that Reliance Floating Rate Fund – Short Term Plan
the above pattern for short term on defensive consideration. the percentages stated above are purely indicative and can change substantially
depending on the perception of the Investment Manager with the sole intention of Existing - Name of scheme : Reliance Floating Rate Fund – Short Term
The AMC reserves the right to change the above asset allocation pattern in the
protecting the interests of the Unitholders. Plan
interest of the investors depending on the market conditions for a short term
period of defensive consideration. Defensive considerations for this Scheme The AMC reserves the right to change the above asset allocation pattern in the Proposed - Name of scheme : Reliance Floating Rate Fund
include maintaining an adequate float to meet anticipated levels of redemptions, interest of the investors depending on the market conditions for a short term
expenses, and other liquidity needs. period of defensive consideration. Defensive considerations for this Scheme Existing - Type of the Scheme : An Open ended income scheme
In case any deviation from the asset allocation of the scheme, the fund manager include maintaining an adequate float to meet anticipated levels of redemptions, Proposed - Type of the Scheme : An open ended debt scheme
will carry out rebalancing within 30 days. Where the portfolio is not re-balanced expenses, and other liquidity needs. predominantly investing in floating rate instruments (including fixed rate
within 30 days, justification for the same shall be placed before the Investment In case of any deviation from the asset allocation and duration (e.g. beyond 1 instruments converted to floating rate exposures using swaps/ derivatives)
Committee and reasons for the same shall be recorded in writing. The Investment to 4 years), the fund manager will carry out rebalancing within 30 days. Where
Committee shall then decide on the course of action. However, at all times the Existing - Product Label : Please refer existing disclosure in SID
the portfolio is not re-balanced within 30 Days, justification for the same shall
portfolio will adhere to the overall investment objectives of the Scheme. be placed before the Investment Committee and reasons for the same shall be Proposed - Product Label :
recorded in writing. The Investment Committee shall then decide on the course
Existing - Where will the scheme invest? : Please refer Section II - D This product is suitable for investors who are
of action. However, at all times the portfolio will adhere to the overall investment
of the existing SID seeking*:
objectives of the Scheme.
Proposed - Where will the scheme invest? : • Income over short term
Existing - Where will the scheme invest? : Please refer Section II - D
• Overseas Exchange Traded Funds (ETFs) • Investment predominantly in floating
of the existing SID
• Units issued by REITs and InvITs as per SEBI guidelines. rate instruments (Including fixed rate
Proposed - Where will the scheme invest? : instruments converted to floating rate
Further, please refer Note 3 under Notes exposures using swaps/ derivatives)
• Overseas Exchange Traded Funds (ETFs)
Existing - What are the Investment Strategies? : Please refer • Units issued by REITs and InvITs as per SEBI guidelines. *Investors should consult their financial
Section II - E of the existing SID advisers if in doubt about whether the
Further, please refer Note 3 under Notes product is suitable for them.
Proposed - What are the Investment Strategies? : Please refer
Note 4 under Notes Existing - What are the Investment Strategies? : Please refer
Section II - E of the existing SID Existing - Investment Objective : The primary objective of the scheme
Existing - Investment Limits for REITs and InvITs: Not Applicable is to generate regular income through investment in a portfolio comprising
Proposed - What are the Investment Strategies? : Please refer
Proposed - Investment Limits for REITs and InvITs: Refer Note 1 substantially of Floating Rate Debt Securities (including floating rate securitized
Note 4 under Notes
under Notes. debt, Money Market Instruments and Fixed Rate Debt Instruments swapped for
For details of Exit Option Please Refer Note 6 floating rate returns). The scheme shall also invest in Fixed rate Debt Securities
Existing - Risk Factors Associated with Investments in REITs (including fixed rate securitized debt, Money Market Instruments and Floating
and InvITS: Not Applicable Reliance Dynamic Bond Fund Rate Debt Instruments swapped for fixed returns).
Proposed - Risk Factors Associated with Investments in REITs
Existing - Type of the Scheme : An open ended Income Scheme Reliance Floating Rate Fund-Short Term Plan proposes to invest in various
and InvITS: Refer Note 2 under Notes.
floating rate debt / money market instruments, fixed rate debt / money market
Proposed - Type of the Scheme : An open ended dynamic debt scheme
For details of Exit Option Please Refer Note 6 investing across duration instruments swapped for floating rate returns, and fixed rate debt securities

continued...... continued...... Page 1 Continued...



MUTUAL
FUND

Reliance Nippon Life Asset Management Limited (formerly Reliance Capital Asset Management Limited)
(CIN - L65910MH1995PLC220793)
Registered Office: Reliance Centre, 7th Floor, South Wing, Off Western Express Highway, Santacruz (East), Mumbai - 400 055. • Tel No. +91 022 3303 1000 • Fax No. +91 022 3303 7662 • www.reliancemutual.com
NOTICE CUM ADDENDUM NO. 6
......continued ......continued ......continued

and money market instruments. The AMC will have the discretion to completely
Indicative asset allocation
or partially invest in any of the types of securities stated above with a view to Risk Profile
(% of total assets)
maximize the returns or on defensive considerations. Instruments
High/Medium/
Maximum Minimum
However, there can be no assurance that the investment objective of the Scheme Low
will be realized, as actual market movements may be at variance with anticipated Government securities issued
trends.
by Central and/or State 100% 80% Low to Medium
Proposed - Investment Objective : The primary objective of the scheme Government
is to generate regular income through investment predominantly in floating rate Debt & Money Market
20% 0% Low to Medium
and money market instruments and fixed rate debt instruments. Instruments
Existing - How will the scheme allocate its assets? : Please Debt instruments include securitized debts and liquid schemes launched by SEBI
refer Section II - C of the existing SID registered Mutual Fund or schemes that invest predominantly in money market
instruments/ securities.
Proposed - How will the scheme allocate its assets? :
Investment in liquid schemes or schemes that invest predominantly in money
The asset allocation under the Scheme, under normal circumstances, will be as market instruments/ securities will be made for funds pending deployment.
follows:
Investment in securitized debts shall not exceed 20% of the net assets of the
Scheme.
Indicative asset
allocation (% of total Risk Profile Money market instruments include CBLO/ Repo/Reverse Repo (including
Instruments assets) corporate bond Repo), certificate of deposit, commercial papers, commercial bills,
High/Medium/ treasury bills, Government securities issued by Central and/or State Government
Maximum Minimum / corporate bonds having an unexpired maturity up to one year, call or notice
Low
money, Term Deposits, usance bills (BRDS) and any other similar instruments as
Floating rate instruments (Including specified by the RBI/SEBI from time to time.
fixed rate instruments converted to Low to
100% 65% The scheme intends to invest its assets in Government securities issued by
floating rate exposures using swaps/ Medium
Central and/or State Government. Such securities may be:
derivatives)
i. Supported by the ability to borrow from the Treasury or
Fixed rate debt instruments (including
securitized debt, money market ii. Supported by Sovereign guarantee or the State Government or
instruments & floating rate debt 35% 0% Medium
iii. Supported by Government of India/ State Government in some other way.
instruments swapped for fixed rate
The scheme may invest in foreign securities upto 25% of the net assets of the
returns)
scheme.
Medium to
Units issued by REITs and InvITs 10% 0% The scheme may invest in derivatives upto a maximum of 50% of its net assets.
High
The cumulative gross exposure through debt and derivative positions should not
Debt instruments include securitized debts and liquid schemes launched by SEBI exceed 100% of the net assets of the scheme.
registered Mutual Fund or schemes that invest predominantly in money market The Fund may also enter into “Repo”, “Stock Lending” , “Short Selling “or such
instruments. other transactions as may be allowed to Mutual Funds from time to time.
Investment in liquid schemes or schemes that invest predominantly in money Liquidity in the scheme may be provided through borrowing to meet redemptions
market instruments/ securities will be made for funds pending deployment. in accordance with the SEBI Regulations.
Investment in securitized debts shall not exceed 50% of the net assets of the The asset allocation indicated above may change from time to time keeping in
Scheme. view the market conditions, legislative and regulative amendments and political
and economic factors, subject to Regulations. It must be clearly understood that
Money market instruments include CBLO/ Repo/ Reverse Repo (including
the percentages stated above are purely indicative and can change substantially
corporate bond Repo), certificate of deposit, commercial papers, commercial depending on the perception of the Investment Manager with the sole intention of
bills, treasury bills, Government securities issued by Central & State Government/ protecting the interests of the Unitholders.
corporate bonds having an unexpired maturity up to one year, call or notice
The AMC reserves the right to change the above asset allocation pattern in the
money, Term Deposits, usance bills (BRDS) and any other similar instruments as
interest of the investors depending on the market conditions for a short term
specified by the RBI/ SEBI from time to time.
period of defensive consideration. Defensive considerations for this Scheme
The scheme may invest in derivatives up to a maximum of 100% of its net assets. include maintaining an adequate float to meet anticipated levels of redemptions,
The cumulative gross exposure through debt and derivative positions should not expenses, and other liquidity needs.
exceed 100% of the net assets of the scheme. In case of any deviation from the asset allocation, the fund manager will carry
Liquidity in the scheme may be provided through borrowing to meet redemptions out rebalancing within 30 days. Where the portfolio is not re-balanced within 30
in accordance with the SEBI Regulations. Days, justification for the same shall be placed before the Investment Committee
and reasons for the same shall be recorded in writing. The Investment Committee
The investment in Foreign Securities may be made up to 25% of the scheme shall then decide on the course of action. However, at all times the portfolio will
corpus and shall be in accordance with the prescribed Regulations from time to adhere to the overall investment objectives of the Scheme.
time.
Existing - Where will the scheme invest? : Please refer Section II -
The Fund may also enter into “Repo”, “Short Selling” or such other transactions as D of the existing SID
may be allowed to Mutual Funds from time to time.
Proposed - Where will the scheme invest? :
The above is indicative and is subject to change keeping in view the market • Overseas Exchange Traded Funds (ETFs)
conditions and opportunities, applicable Regulations and politico-economic
Further, please refer Note 3 under Notes
factors. The investment manager in line with the investment objective may alter
the above pattern for short term on defensive consideration. For details of Exit Option Please Refer Note 5
The AMC reserves the right to change the above asset allocation pattern in the Reliance Income Fund
interest of the investors depending on the market conditions for a short term
Existing - Type of the Scheme : An open ended Income Scheme
period of defensive consideration. Defensive considerations for this Scheme
include maintaining an adequate float to meet anticipated levels of redemptions,
Proposed - Type of the Scheme : An open ended medium term debt
expenses, and other liquidity needs. scheme investing in instruments such that the Macaulay duration of the portfolio
In case any deviation from the asset allocation, the fund manager will carry out is between 4 to 7 years.
rebalancing within 30 days. Where the portfolio is not re-balanced within 30 days, Please refer to Note 5 in which the concept of Macaulay’s Duration has been
justification for the same shall be placed before the Investment Committee and explained.
reasons for the same shall be recorded in writing. The Investment Committee
Existing - Product Label : Please refer existing disclosure in SID
shall then decide on the course of action. However, at all times the portfolio will
adhere to the overall investment objectives of the Scheme. Proposed - Product Label :
Existing - Where will the scheme invest? : Please refer Section II - D This product is suitable for investors who are
of the existing SID seeking*:
Proposed - Where will the scheme invest? : • Income over medium to long term
• Overseas Exchange Traded Funds (ETFs) • Investment in debt and money market
instruments with portfolio Macaulay
• Units issued by REITs and InvITs as per SEBI guidelines. Duration of 4 – 7 yrs
Further, please refer Note 3 under Notes
*Investors should consult their financial
advisers if in doubt about whether the
Existing - Investment Limits for REITs and InvITs: Not Applicable
product is suitable for them.
Proposed - Investment Limits for REITs and InvITs: Refer Note 1
under Notes. Existing - How will the scheme allocate its assets? : Please
refer Section II - C of the existing SID
Existing - Risk Factors Associated with Investments in REITs Proposed - How will the scheme allocate its assets? :
and InvITS: Not Applicable
Under normal circumstances, the indicative asset allocation would be:
Proposed - Risk Factors Associated with Investments in REITs
and InvITS: Refer Note 2 under Notes. Indicative asset allocation
Risk Profile
(% of total assets)
For details of Exit Option Please Refer Note 6 Instruments
High/Medium/
Reliance Gilt Securities Fund Maximum Minimum
Low
Existing - Type of the Scheme : An Open Ended Government Securities Debt & Money Market
100 0 Medium to Low
Instruments
Scheme
Units issued by REITs and Medium to
Proposed - Type of the Scheme : An open ended debt scheme investing 10 0
InvITs High
in government securities across maturity
Macaulay duration of the portfolio will be maintained between 4 years – 7 years.
Existing - Product Label : Please refer existing disclosure in SID
The fund manager, in the interest of investors, may reduce the portfolio duration
Proposed - Product Label :
of the scheme upto one year, in case he has a view on interest rate movements
in light of anticipated adverse situation. Hence, portfolio Macaulay duration under
This product is suitable for investors who are anticipated adverse situation may be between 1 year to 7 years.
seeking*:
Debt instruments include securitized debts and liquid schemes launched by SEBI
• income over long term. registered Mutual Fund or schemes that invest predominantly in money market
• investment in Government securities instruments/ securities.
across maturity
Investment in liquid schemes or schemes that invest predominantly in money
*Investors should consult their financial
market instruments/ securities will be made for funds pending deployment.
advisers if in doubt about whether the
Investment in securitized debts shall not exceed 50% of the net assets of the
product is suitable for them.
Scheme.
Existing - How will the scheme allocate its assets? : Please Money market instruments include CBLO/ Repo/Reverse Repo (including
refer Section II - C of the existing SID corporate bond Repo), certificate of deposit, commercial papers, commercial bills,
treasury bills, Government securities issued by Central and/or State Government
Proposed - How will the scheme allocate its assets? :
/ corporate bonds having an unexpired maturity up to one year, call or notice
The asset allocation under the Scheme, under normal circumstances, will be as money, Term Deposits, usance bills (BRDS) and any other similar instruments as
follows: specified by the RBI/SEBI from time to time.
The scheme may invest in foreign securities upto 25% of the net assets of the
scheme.
The scheme may invest in derivatives upto a maximum of 50% of its net assets.
The cumulative gross exposure through debt and derivative positions should not
exceed 100% of the net assets of the scheme.
The Fund may also enter into “Repo”, “Stock Lending” or such other transactions
as may be allowed to Mutual Funds from time to time.
Liquidity in the scheme may be provided through borrowing to meet redemptions
in accordance with the SEBI Regulations.
The asset allocation indicated above may change from time to time keeping in
view the market conditions, legislative and regulative amendments and political
and economic factors, subject to Regulations. It must be clearly understood that
the percentages stated above are purely indicative and can change substantially
depending on the perception of the Investment Manager with the sole intention of
protecting the interests of the Unitholders.
The AMC reserves the right to change the above asset allocation pattern in the
interest of the investors depending on the market conditions for a short term
period of defensive consideration. Defensive considerations for this Scheme
include maintaining an adequate float to meet anticipated levels of redemptions,
expenses, and other liquidity needs.
In case of any deviation from the asset allocation and duration of the scheme
(e.g. beyond 1 to 7 years), the fund manager will carry out rebalancing within 30
days. Where the portfolio is not re-balanced within 30 Days, justification for the
same shall be placed before the Investment Committee and reasons for the same
shall be recorded in writing. The Investment Committee shall then decide on
the course of action. However, at all times the portfolio will adhere to the overall
investment objectives of the Scheme.
Existing - Where will the scheme invest? : Please refer Section II -
D of the existing SID
Proposed - Where will the scheme invest? :
• Overseas Exchange Traded Funds (ETFs)
• Units issued by REITs and InvITs as per SEBI guidelines.
Further, please refer Note 3 under Notes
Existing - Investment Limits for REITs and InvITs: Not Applicable
Proposed - Investment Limits for REITs and InvITs: Refer Note 1
under Notes.
Existing - Risk Factors Associated with Investments in REITs
and InvITS: Not Applicable
Proposed - Risk Factors Associated with Investments in REITs
and InvITS: Refer Note 2 under Notes.
For details of Exit Option Please Refer Note 6
Reliance Medium Term Fund
Existing - Name of scheme : Reliance Medium Term Fund
Proposed - Name of scheme : Reliance Prime Debt Fund
Existing - Type of the Scheme : An Open Ended Income Scheme with no
assured returns
Proposed - Type of the Scheme : An open ended debt scheme
predominantly investing in AA+ and above rated corporate bonds
Existing - Investment Objective : The primary investment objective
of the scheme is to generate regular income in order to make regular dividend
payments to unitholders and the secondary objective is growth of capital.
Proposed - Investment Objective : To generate income through
investments predominantly in debt instruments of various maturities with a view
to maximizing income while maintaining the optimum balance of yield, safety and
liquidity.
Existing - Product Label : Please refer existing disclosure in SID
Proposed - Product Label :
This product is suitable for investors who
are seeking*:
• Income over medium term
• Investment predominantly in AA+ and
above rated corporate bonds
*Investors should consult their financial
advisers if in doubt about whether the
product is suitable for them.
Existing - How will the scheme allocate its assets? : Please
refer Section II - C of the existing SID
Proposed - How will the scheme allocate its assets? :
Indicative asset
allocation (% of total Risk Profile
assets)
Instruments
High/
Minimum Maximum
Medium/Low
Low to
Corporate Bonds rated AA+ & above 80% 100%
Medium
Debt & Money Market Instruments
(including corporate bonds rated
below AA+, Government Securities 0% 20% Medium
issued by Central and/or State
Government)
Medium to
Units issued by REITs and InvITs 0% 10%
High
Corporate Bonds include all debt instruments (including securitized debt) issued
by entities such as Banks, Public Sector Undertakings, Municipal Corporations,
bodies corporate, companies, trusts/ Special Purpose Vehicles etc and would
exclude investments in Government Securities issued by Central and/or State
Government.
Debt instruments include securitized debts and liquid schemes launched by SEBI
registered Mutual Fund or schemes that invest predominantly in money market
instruments/ securities.
Investment in liquid schemes or schemes that invest predominantly in money
market instruments/ securities will be made for funds pending deployment.
Investment in securitized debts shall not exceed 50% of the net assets of the
Scheme.
Money market instruments include CBLO/ Repo/ Reverse Repo (including
corporate bond Repo), certificate of deposit, commercial papers, commercial
bills, treasury bills, Government securities issued by Central and/or State
Government/ corporate bonds having an unexpired maturity up to one year,
call or notice money, Term Deposits, usance bills (BRDS) and any other similar
instruments as specified by the RBI/SEBI from time to time.
The scheme may invest in derivatives up to a maximum of 50% of its net assets.
The cumulative gross exposure through debt and derivative positions should not
exceed 100% of the net assets of the scheme.
The scheme may invest in foreign securities up to 25% of the net assets of the
scheme.
The Fund may also enter into “Repo”, “Stock Lending”, “Short Selling” or such
other transactions as may be allowed to Mutual Funds from time to time.

continued...... continued...... Page 2 Continued...


MUTUAL
FUND
Reliance Nippon Life Asset Management Limited
Registered Office: Reliance Centre, 7th Floor, South Wing, Off Western Express Highway, Santacruz (East), Mumbai - 400 055. • Tel No. +91 022 3303 1000 • Fax No. +91 022 3303 7662 • www.reliancemutual.com
......continued
Liquidity in the scheme may be provided through borrowing to meet redemptions
in accordance with the SEBI Regulations.
The asset allocation indicated above may change from time to time keeping in
view the market conditions, legislative and regulative amendments and political
and economic factors, subject to Regulations. It must be clearly understood that
the percentages stated above are purely indicative and can change substantially
depending on the perception of the Investment Manager with the sole intention of
protecting the interests of the Unit holders.
The AMC reserves the right to change the above asset allocation pattern in the
interest of the investors depending on the market conditions for a short term
period of defensive consideration. Defensive considerations for this Scheme
include maintaining an adequate float to meet anticipated levels of redemptions,
expenses, and other liquidity needs.
In case any deviation from the asset allocation, the fund manager will carry out
rebalancing within 30 days. Where the portfolio is not re-balanced within 30 Days,
justification for the same shall be placed before the Investment Committee and
reasons for the same shall be recorded in writing. The Investment Committee shall
then decide on the course of action. However, at all times the portfolio will adhere
to the overall investment objectives of the Scheme.
Existing - Where will the scheme invest? : Please refer Section II - D
of the existing SID
Proposed - Where will the scheme invest? :
• Overseas Exchange Traded Funds (ETFs)
• Units issued by REITs and InvITs as per SEBI guidelines.
Further, please refer Note 3 under Notes
Existing - What are the Investment Strategies? : Please refer
Section II - E of the existing SID
Proposed - What are the Investment Strategies? : Please refer
Note 4 under Notes
Existing - Investment Limits for REITs and InvITs: Not Applicable
Proposed - Investment Limits for REITs and InvITs: Refer Note 1
under Notes.
Existing - Risk Factors Associated with Investments in REITs
and InvITS: Not Applicable
Proposed - Risk Factors Associated with Investments in REITs
and InvITS: Refer Note 2 under Notes.
For details of Exit Option Please Refer Note 6
Reliance Money Manager Fund
Existing - Name of scheme : Reliance Money Manager Fund
Proposed - Name of scheme : Reliance Low Duration Fund
Existing - Type of the Scheme : An Open ended income scheme
Proposed - Type of the Scheme : An open ended low duration debt
scheme investing in debt and money market instruments such that the Macaulay
duration of the portfolio is between 6 - 12 months.
Please refer Note 5 on which the concept of Macaulay’s Duration has been
explained
Existing - Product Label : Please refer existing disclosure in SID
Proposed - Product Label :
This product is suitable for investors who are
seeking*:
• Income over short term
• Investment in debt and money market
instruments such that Macaulay
duration of the portfolio is between 6 -
12 months
*Investors should consult their financial
advisers if in doubt about whether the
product is suitable for them.
Existing - How will the scheme allocate its assets? : Please refer
Section II - C of the existing SID
Proposed - How will the scheme allocate its assets? :
Indicative asset
allocation (% of total Risk Profile
Instruments assets)
High/
Maximum Minimum
Medium/Low
Debt Instruments and Money Market
Low to
Instruments (including CBLO/ Repo 100 0%
Medium
(including corporate bond Repo))
Debt instruments include securitized debts and liquid schemes launched by SEBI
registered Mutual Fund or schemes that invest predominantly in money market
instruments.
Investment in liquid schemes or schemes that invest predominantly in money
market instruments/ securities will be made for funds pending deployment.
Investment in securitized debts shall not exceed 50% of the net assets of the
Scheme.
Money market instruments include CBLO/ Repo/ Reverse Repo (including
corporate bond Repo), certificate of deposit, commercial papers, commercial
bills, treasury bills, Government securities issued by Central & State Government/
corporate bonds having an unexpired maturity up to one year, call or notice money,
Term Deposits, usance bills (BRDS) and any other similar instruments as specified
by the RBI/ SEBI from time to time.
The scheme may invest in derivatives up to a maximum of 50% of its net assets.
The cumulative gross exposure through debt and derivative positions should not
exceed 100% of the net assets of the scheme.
Liquidity in the scheme may be provided through borrowing to meet redemptions
in accordance with the SEBI Regulations.
The investment in Foreign Securities may be made up to 25% of the scheme
corpus and shall be in accordance with the prescribed Regulations from time to
time.
The Fund may also enter into “Repo”, “Short Selling “or such other transactions as
may be allowed to Mutual Funds from time to time.
The above is indicative and is subject to change keeping in view the market
conditions and opportunities, applicable Regulations and politico-economic
factors. The investment manager in line with the investment objective may alter
the above pattern for short term and on defensive consideration.
The AMC reserves the right to change the above asset allocation pattern in the
interest of the investors depending on the market conditions for a short term period
of defensive consideration.
In case any deviation from the asset allocation and/or duration of the scheme, the
fund manager will carry out rebalancing within 30 days. Where the portfolio is not
re-balanced within 30 days, justification for the same shall be placed before the
Investment Committee and reasons for the same shall be recorded in writing. The
Investment Committee shall then decide on the course of action. However, at all
times the portfolio will adhere to the overall investment objectives of the Scheme.
Existing - Where will the scheme invest? : Please refer Section II - D
of the existing SID
continued......
(formerly Reliance Capital Asset Management Limited)
(CIN - L65910MH1995PLC220793)
NOTICE CUM ADDENDUM NO. 6
......continued
Proposed - Where will the scheme invest? :
• Overseas Exchange Traded Funds (ETFs)
Further, please refer Note 3 under Notes
Existing - Benchmark : Crisil Liquid Fund Index
The Liquid Fund index of this kind serves as an indicator for all the market
participants in this category, to benchmark their performance against the index.
Hence, the portfolios are similar not only in term of the construct but also in terms
of risk return parameters in question. Using this benchmark shall provide the
investor with an independent and representative comparison with fund portfolio.
Proposed - Benchmark : CRISIL Ultra Short Term Debt Index
The index predominantly consists of debt portfolio comprising of short term AAA/
AA rated bonds and 6 month and 1 year CPs and CDs and hence, would be the
suitable benchmark for the Fund.
For details of Exit Option Please Refer Note 6
Reliance Regular Savings Fund – Debt Option
Existing - Name of scheme : Reliance Regular Savings Fund – Debt Option
Proposed - Name of scheme : Reliance Credit Risk Fund
Existing - Type of the Scheme : An Open Ended Scheme
Proposed - Type of the Scheme : An open ended debt scheme
predominantly investing in AA and below rated corporate bonds (excluding AA+
rated corporate bonds)
Existing - Product Label : Please refer existing disclosure in SID
Proposed - Product Label :
This product is suitable for investors who are
seeking*:
• Income over medium term
• Investment predominantly in AA and
below rated corporate bonds
*Investors should consult their financial
advisers if in doubt about whether the
product is suitable for them.
Existing - How will the scheme allocate its assets? : Please
refer Section II - C of the existing SID
Proposed - How will the scheme allocate its assets? :
Indicative asset allocation
Risk Profile
(% of total assets)
Instruments
High/Medium/
Maximum Minimum
Low
Corporate Bonds rated AA and Medium to
100 65
below High
Debt & Money Market
Instruments (including
corporate bonds rated AA+ & Medium to
35 0 bills, treasury bills, Government securities issued by Central and/or State
above, government securities Low
issued by Central and/or State
Government)
Medium to
Units issued by REITs and InvITs 10 0 The scheme may invest in derivatives upto a maximum of 50% of its net assets.
High
Corporate Bonds include all debt instruments (including securitized debt) issued
by entities such as Banks, Public Sector Undertakings, Municipal Corporations,
bodies corporate, companies, trusts/Special Purpose Vehicles etc and would
exclude investments in Government Securities issued by Central and/or State
Government.
Investment in liquid schemes or schemes that invest predominantly in money
market instruments/ securities will be made for funds pending deployment.
Debt instruments include securitized debts and liquid schemes launched by SEBI
registered Mutual Fund or schemes that invest predominantly in money market
instruments/ securities.
Investment in securitized debts shall not exceed 50% of the net assets of the
Scheme.
Money market instruments include CBLO/ Repo/Reverse Repo (including
corporate bond Repo), certificate of deposit, commercial papers, commercial bills,
treasury bills, Government securities issued by Central and/or State Government
/ corporate bonds having an unexpired maturity up to one year, call or notice
money, Term Deposits, usance bills (BRDS) and any other similar instruments as
specified by the RBI/SEBI from time to time.
The scheme may invest in derivatives upto a maximum of 50% of its net assets.
The cumulative gross exposure through debt and derivative positions should not
exceed 100% of the net assets of the scheme.
The scheme may invest in foreign securities upto 25% of the net assets of the
scheme.
The Fund may also enter into “Repo”, “Stock Lending” , “Short Selling “or such
other transactions as may be allowed to Mutual Funds from time to time
Liquidity in the scheme may be provided through borrowing to meet redemptions
in accordance with the SEBI Regulations
The asset allocation indicated above may change from time to time keeping in
view the market conditions, legislative and regulative amendments and political
and economic factors, subject to Regulations. It must be clearly understood that
the percentages stated above are purely indicative and can change substantially
depending on the perception of the Investment Manager with the sole intention of
protecting the interests of the Unitholders.
The AMC reserves the right to change the above asset allocation pattern in the
interest of the investors depending on the market conditions for a short term
period of defensive consideration. Defensive considerations for this Scheme
include maintaining an adequate float to meet anticipated levels of redemptions,
expenses, and other liquidity needs.
In case of any deviation from the asset allocation, the fund manager will carry
out rebalancing within 30 days. Where the portfolio is not re-balanced within 30
Days, justification for the same shall be placed before the Investment Committee
and reasons for the same shall be recorded in writing. The Investment Committee
shall then decide on the course of action. However, at all times the portfolio will
adhere to the overall investment objectives of the Scheme.
Existing - Where will the scheme invest? : Please refer Section II - D
of the existing SID
Proposed - Where will the scheme invest? :
• Overseas Exchange Traded Funds (ETFs)
• Units issued by REITs and InvITs as per SEBI guidelines.
Further, please refer Note 3 under Notes
Existing - What are the Investment Strategies? : Please refer
Section II - E of the existing SID
Proposed - What are the Investment Strategies? : Please refer
Note 4 under Notes
For details of Exit Option Please Refer Note 6
continued......
......continued
Reliance Short Term Fund
Existing - Type of the Scheme : An Open ended income scheme
Proposed - Type of the Scheme : An open ended short term debt
scheme investing in instruments such that the Macaulay duration of the portfolio
is between 1 to 3 years
Please refer to Note 5 in which the concept of Macaulay’s Duration has been
explained
Existing - Investment Objective : The primary investment objective of
the scheme is to generate stable returns for investors with a short term investment
horizon by investing in fixed income securities of short term maturity.
Proposed - Investment Objective : The primary investment objective
of the scheme is to generate stable returns for investors with a short term
investment horizon by investing in debt and money market instruments.
Existing - Product Label : Please refer existing disclosure in SID
Proposed - Product Label :
This product is suitable for investors who are
seeking*:
• Income over short term
• Investment in debt & money market
instruments with portfolio Macaulay
Duration between 1 - 3 years
*Investors should consult their financial
advisers if in doubt about whether the
product is suitable for them.
Existing - How will the scheme allocate its assets? : Please
refer Section II - C of the existing SID
Proposed - How will the scheme allocate its assets? :
The asset allocation under the Scheme, under normal circumstances, will be as
follows:
Indicative asset
allocation (% of total Risk Profile
Instruments assets)
High/Medium/
Maximum Minimum
Low
Debt and money market instruments 100% 0% Medium to Low
Medium to
Units issued by REITs and InvITs 10% 0%
High
Debt instruments include securitized debts and liquid schemes launched by SEBI
registered Mutual Fund or schemes that invest predominantly in money market
instruments/ securities.
Investment in liquid schemes or schemes that invest predominantly in money
market instruments/ securities will be made for funds pending deployment.
Investment in securitized debts shall not exceed 50% of the net assets of the
Scheme.
Money market instruments include CBLO/ Repo/Reverse Repo (including
corporate bond Repo), certificate of deposit, commercial papers, commercial
Government / corporate bonds having an unexpired maturity up to one year,
call or notice money, Term Deposits, usance bills (BRDS) and any other similar
instruments as specified by the RBI/SEBI from time to time
The cumulative gross exposure through debt and derivative positions should not
exceed 100% of the net assets of the scheme.
The scheme may invest in foreign securities upto 25% of the net assets of the
scheme.
The Fund may also enter into “Repo”, “Stock Lending” , “Short Selling “or such
other transactions as may be allowed to Mutual Funds from time to time
Liquidity in the scheme may be provided through borrowing to meet redemptions
in accordance with the SEBI Regulations.
The asset allocation indicated above may change from time to time keeping in
view the market conditions, legislative and regulative amendments and political
and economic factors, subject to Regulations. It must be clearly understood that
the percentages stated above are purely indicative and can change substantially
depending on the perception of the Investment Manager with the sole intention
of protecting the interests of the Unitholders.
The AMC reserves the right to change the above asset allocation pattern in the
interest of the investors depending on the market conditions for a short term
period of defensive consideration. Defensive considerations for this Scheme
include maintaining an adequate float to meet anticipated levels of redemptions,
expenses, and other liquidity needs.
In case of any deviation from the asset allocation and duration, the fund manager
will carry out rebalancing within 30 days. Where the portfolio is not re-balanced
within 30 Days, justification for the same shall be placed before the Investment
Committee and reasons for the same shall be recorded in writing. The Investment
Committee shall then decide on the course of action. However, at all times the
portfolio will adhere to the overall investment objectives of the Scheme
Existing - Where will the scheme invest? : Please refer Section
II - D of the existing SID
Proposed - Where will the scheme invest? :
• Overseas Exchange Traded Funds (ETFs)
• Units issued by REITs and InvITs as per SEBI guidelines.
Further, please refer Note 3 under Notes
Existing - Investment Limits for REITs and InvITs: Not Applicable
Proposed - Investment Limits for REITs and InvITs: Refer Note 1
under Notes.
Existing - Risk Factors Associated with Investments in REITs
and InvITS: Not Applicable
Proposed - Risk Factors Associated with Investments in REITs
and InvITS: Refer Note 2 under Notes.
For details of Exit Option Please Refer Note 6
Reliance Monthly Income Plan
Existing - Name of scheme : Reliance Monthly Income Plan
Proposed - Name of scheme : Reliance Hybrid Bond Fund
Existing - Product Label : Please refer existing disclosure in SID
Proposed - Product Label :
This product is suitable for investors who are
seeking*:
• Regular income and capital growth over
long term
• investment in debt & money market
instruments and equities & equity
related securities
*Investors should consult their financial
advisers if in doubt about whether the
product is suitable for them.
Page 3 Continued...

MUTUAL
FUND
Reliance Nippon Life Asset Management Limited
Registered Office: Reliance Centre, 7th Floor, South Wing, Off Western Express Highway, Santacruz (East), Mumbai - 400 055. • Tel No. +91 022 3303 1000 • Fax No. +91 022 3303 7662 • www.reliancemutual.com
......continued
Existing - Type of the Scheme : An Open ended fund. Monthly income is
not assured & is subject to the availability of distributable surplus
Proposed - Type of the Scheme : An open ended hybrid scheme investing
predominantly in debt instruments
Existing - How will the scheme allocate its assets? : Please
refer Section II - C of the existing SID
Proposed - How will the scheme allocate its assets? :
The asset allocation under the Scheme, under normal circumstances, will be as follows:
Indicative asset allocation Risk
(% of total assets) Profile
Instruments High/
Maximum Minimum Medium/
Low
Low to
Debt and Money Market Instruments 90% 75%
Medium
Medium to
Equities and Equity related Securities 25% 10%
High
Medium to
Units issued by REITs and InvITs 10% 0%
High
Debt instruments include securitized debts and liquid schemes launched by SEBI
registered Mutual Fund or schemes that invest predominantly in money market
instruments/ securities.
Investment in liquid schemes or schemes that invest predominantly in money
market instruments/ securities will be made for funds pending deployment.
Investment in securitized debts shall not exceed 50% of the net assets of the
Scheme.
Money market instruments include CBLO/ Repo/Reverse Repo (including
corporate bond Repo), certificate of deposit, commercial papers, commercial bills,
treasury bills, Government securities issued by Central and/or State Government
/ corporate bonds having an unexpired maturity up to one year, call or notice
money, Term Deposits, usance bills (BRDS) and any other similar instruments as
specified by the RBI/SEBI from time to time
The scheme also intends to invest in foreign equity and debt securities as well as
ADRs/GDRs of Indian companies in accordance with the Regulations.
The scheme may invest in foreign securities upto 25% of the net assets of the
scheme.
The scheme may invest in derivatives upto a maximum of 50% of its net assets.
The cumulative gross exposure through debt and derivative positions should not
exceed 100% of the net assets of the scheme.
The Fund may also enter into “Repo”, “Stock Lending” or such other transactions
as may be allowed to Mutual Funds from time to time.
Liquidity in the scheme may be provided through borrowing to meet redemptions
in accordance with the SEBI Regulations.
The asset allocation indicated above may change from time to time keeping in
view the market conditions, legislative and regulative amendments and political
and economic factors, subject to Regulations. It must be clearly understood that
the percentages stated above are purely indicative and can change substantially
depending on the perception of the Investment Manager with the sole intention of
protecting the interests of the Unitholders.
The AMC reserves the right to change the above asset allocation pattern in the
interest of the investors depending on the market conditions for a short term
period of defensive consideration. Defensive considerations for this Scheme
include maintaining an adequate float to meet anticipated levels of redemptions,
expenses, and other liquidity needs.
In case of any deviation from the asset allocation, the fund manager will carry
out rebalancing within 30 days. Where the portfolio is not re-balanced within 30
Days, justification for the same shall be placed before the Investment Committee
and reasons for the same shall be recorded in writing. The Investment Committee
shall then decide on the course of action. However, at all times the portfolio will
adhere to the overall investment objectives of the Scheme.
Existing - Where will the scheme invest? : Please refer Section II - D
of the existing SID
Proposed - Where will the scheme invest? :
• Equity & equity related securities: The fund would invest in stocks across
sectors and industries of all market capitalization.
The fund will try to invest in stocks of companies which represent a broad
view of strong Indian Growth story. These may include but not limited to:
1. Sectors/industries where India’s strong inherent potential is becoming
increasingly visible to the world.
2. Sectors/industries which are the driver of our economy.
3. Sectors/industries whose fundamental and future growth is influenced
by ongoing economic reforms, inflows of FDI and infrastructural
changes.
Investment in overseas securities shall be made in accordance with the
requirements stipulated by SEBI and RBI from time to time.
• The scheme shall engage in securities lending for equity investments, in
line with the SEBI (Mutual Funds) Regulations, 1996, Securities Lending
Scheme, 1997, SEBI Circular No MFD/CIR/01/047/99 dated February 10,
1999, SEBI Circular no. SEBI/IMD/Cir-14/187175/2009 dated December 15,
2009, SEBI circular No MRD/DoP/SE/Dep/Cir-14/2007 dated December 20,
2007 notifying framework for lending of securities and such other applicable
guidelines as may be amended from time to time.
• Overseas Exchange Traded Funds (ETFs)
• Units issued by REITs and InvITs as per SEBI guidelines.
Further, please refer Note 3 under Notes
Existing - What are the Investment Strategies? : Please refer
Section II - E of the existing SID
Proposed - What are the Investment Strategies? :
Equity portfolio shall be structured so as to keep risk at acceptable levels. This
shall be done through various measures including:
1. Broad diversification of portfolio
2. Ongoing review of relevant market, industry, sector and economic parameters
3. Investing in companies which have been researched
Further Please refer Note 4 under Notes
For details of Exit Option Please Refer Note 6
Reliance Liquid Fund – Cash Plan
Existing - Name of scheme : Reliance Liquid Fund – Cash Plan
Proposed - Name of scheme : Reliance Ultra Short Duration Fund
Existing - Type of the Scheme : An open ended Liquid Scheme
Proposed - Type of the Scheme : An open ended ultra-short term debt
scheme investing in debt and money market instruments such that the Macaulay
duration of the portfolio is between 3 - 6 months
Please refer to Note 5 in which the concept of Macaulay’s Duration has been
explained.
Existing - Investment Objective : The investment objective of the
Scheme is to generate optimal returns consistent with moderate levels of risk and
high liquidity. Accordingly, investments shall predominantly be made in Debt and
Money Market Instruments.
continued......
(formerly Reliance Capital Asset Management Limited)
(CIN - L65910MH1995PLC220793)
NOTICE CUM ADDENDUM NO. 6
......continued
Proposed - Investment Objective : The investment objective of the
Scheme is to generate optimal returns consistent with moderate levels of risk and
liquidity by investing in debt and money market instruments.
Existing - Product Label : Please refer existing disclosure in SID
Proposed - Product Label :
This product is suitable for investors who are
seeking*:
• Income over short term
• Investment in debt and money market
instruments such that the Macaulay
duration of the portfolio is between 3 - 6
months
*Investors should consult their financial
advisers if in doubt about whether the
product is suitable for them.
Existing - How will the scheme allocate its assets? : Please
refer Section II - C of the existing SID
Proposed - How will the scheme allocate its assets? :
Indicative asset allocation Risk
(% of total assets) Profile
Instruments High/
Minimum Maximum Medium/
Low
Debt Instruments and Money
Market Instruments (including Low to
0% 100%
CBLO/ Repo (including corporate Medium
bond Repo))
Debt instruments include securitized debts and liquid schemes launched by SEBI
registered Mutual Fund or schemes that invest predominantly in money market
instruments.
Investment in liquid schemes or schemes that invest predominantly in money
market instruments/ securities will be made for funds pending deployment.
Investment in securitized debts shall not exceed 50% of the net assets of the
Scheme.
Money market instruments include CBLO/ Repo/ Reverse Repo (including
corporate bond Repo), certificate of deposit, commercial papers, commercial
bills, treasury bills, Government securities issued by Central & State Government/
corporate bonds having an unexpired maturity up to one year, call or notice
money, Term Deposits, usance bills (BRDS) and any other similar instruments as
specified by the RBI/ SEBI from time to time.
The scheme may invest in derivatives up to a maximum of 50% of its net assets.
The cumulative gross exposure through debt and derivative positions should not
exceed 100% of the net assets of the scheme.
Liquidity in the scheme may be provided through borrowing to meet redemptions
in accordance with the SEBI Regulations.
The investment in Foreign Securities may be made up to 25% of the scheme
corpus and shall be in accordance with the prescribed Regulations from time to
time.
The Fund may also enter into “Repo”, “Short Selling” or such other transactions
as may be allowed to Mutual Funds from time to time.
The above is indicative and is subject to change keeping in view the market
conditions and opportunities, applicable Regulations and politico-economic
factors. The investment manager in line with the investment objective may alter
the above pattern for short term on defensive consideration.
The AMC reserves the right to change the above asset allocation pattern in the
interest of the investors depending on the market conditions for a short term
period of defensive consideration. Defensive considerations for this Scheme
include maintaining an adequate float to meet anticipated levels of redemptions,
expenses, and other liquidity needs.
In case any deviation from the asset allocation and/or duration of the scheme, the
fund manager will carry out rebalancing within 30 days. Where the portfolio is not
re-balanced within 30 days, justification for the same shall be placed before the
Investment Committee and reasons for the same shall be recorded in writing. The
Investment Committee shall then decide on the course of action. However, at all
times the portfolio will adhere to the overall investment objectives of the Scheme.
Existing - Where will the scheme invest? : Please refer Section II - D
of the existing SID
Proposed - Where will the scheme invest? :
• Overseas Exchange Traded Funds (ETFs)
Further, please refer Note 3 under Notes
Existing - Cut off timing for subscriptions/ redemptions/ switches - This is
the time before which your application (complete in all respects) should reach the
official points of acceptance. : Please refer Section III - B
Proposed - Cut off timing for subscriptions/ redemptions/ switches - This
is the time before which your application (complete in all respects) should reach
the official points of acceptance. :
A. Subscriptions/Purchases including switch – ins
The following cut-off timings shall be observed by a mutual fund in respect
of purchase of units of the scheme and their plans, and the following NAVs
shall be applied for such purchase:
1. Purchases for an amount of Rs 2 lakh and above:
a. In respect of valid application received before 3.00 p.m. and funds
for the entire amount of subscription/ purchase as per the application
are credited to the bank account of the scheme and are available for
utilization before the cut-off time of 3.00 p.m., the closing NAV of the
day shall be applicable;
b. In respect of valid application received after 3.00 p.m. and funds for
the entire amount of subscription/ purchase as per the application are
credited to the bank account of the scheme and available for utilization
before the cut-off time of the next business day, the closing NAV of the
next business day shall be applicable;
c. Irrespective of the time of receipt of application, the closing NAV of the
day on which the funds are credited to the bank account of the scheme
and available for utilization before the cut-off time on any subsequent
business day, the closing NAV of such subsequent business day shall
be applicable.
2. For switch-in of Rs 2 lakh and above
a. Application for switch-in is received before the applicable cut-off time of
3.00 p.m;
b. Funds for the entire amount of subscription/purchase as per the switch-
in request are credited to the bank account of the respective switch-in
schemes before the cut-off time;
c. The funds are available for utilization before the cut-off time, by the
respective switchin schemes
3. Purchases/switch-in for amount of less than Rs 2 lakh:
a. where the application is received up to 3.00 pm with a local cheque or
demand draft payable at par at the place where it is received – closing
NAV of the day of receipt of application;
b. where the application is received after 3.00 pm with a local cheque or
continued......
......continued
demand draft payable at par at the place where it is received – closing
NAV of the next business day and;
c. where the application is received with an outstation cheque or demand
draft which is not payable on par at the place where it is received –
closing NAV of day on which the cheque or demand draft is credited.
It may be noted that pursuant to AMFI circular no. 135/BP/35/2012-13 dated
February 18, 2013, the following practice of aggregating split transactions shall
be followed and accordingly the closing NAV of the day on which the funds
are available for utilization shall be applied where the aggregated amount of
investments is Rs. 2 lacs and above:
a. All transactions received on the same day (as per Time stamp rule).
b. Transactions shall include purchases, additional purchases, excluding
Switches, SIP/STP/triggered transactions and various other eligible
systematic transactions as mentioned in the para titled “Special Products”
of respective SIDs.
c. Aggregations shall be done on the basis of investor’s PAN. In case of joint
holding, transactions with similar holding structures shall be aggregated.
d. All transactions shall be aggregated where investor holding pattern is
same as stated above, irrespective of whether the amount of the individual
transaction is above or below Rs 2 lacs.
e. Only transactions in the same scheme shall be clubbed. This will include
transactions at plan/ option level (Dividend, Growth, Direct).
f. Transactions in the name of minor, received through guardian should not be
aggregated with the transaction in the name of same guardian.
Further, investors may please note that the said process is being followed in line
with the directives specified by Association of Mutual Funds in India (“AMFI”).
RMF/ RNAM shall reserve the right to change/ modify any of the terms with
respect to processing of transaction in line with directives specified by Securities
& Exchange of Board of India and/or AMFI from time to time.
B. Redemptions including switch - outs
The following cut-off timings shall be observed by a mutual fund in respect of
repurchase of units in its other schemes and their plans, and the following NAVs
shall be applied for such repurchase:
a. where the application received up to 3.00 pm – closing NAV of the day of
receipt of application; and
b. where the application received after 3.00 pm - closing NAV of the next
business day.
For details of Exit Option Please Refer Note 6
Reliance Liquid Fund – Treasury Plan
Existing - Name of scheme : Reliance Liquid Fund – Treasury Plan
Proposed - Name of scheme : Reliance Liquid Fund
Existing - Investment Objective : The investment objective of the
Scheme is to generate optimal returns consistent with moderate levels of risk
and high liquidity. Accordingly, investments shall predominantly be made in Debt
and Money Market Instruments.
Proposed - Investment Objective : The investment objective of the
Scheme is to generate optimal returns consistent with moderate levels of risk
and high liquidity by investing in debt and money market instruments.
Existing - How will the scheme allocate its assets? : Please
refer Section II - C of the existing SID
Proposed - How will the scheme allocate its assets? :
Indicative asset allocation Risk
(% of total assets) Profile
Instruments High/
Minimum Maximum Medium/
Low
Money market & Debt instruments
(including CBLO/ Repo/ Reverse Low to
0% 100%
Repo (including Corporate Bond Medium
Repo)) with maturity up to 91 days
Debt instruments include securitized debts and liquid schemes launched by SEBI
registered Mutual Fund or schemes that invest predominantly in money market
instruments/ securities.
Investment in liquid schemes or schemes that invest predominantly in money
market instruments/ securities will be made for funds pending deployment.
Investment in securitized debts shall not exceed 50% of the net assets of the
Scheme.
Money market instruments include CBLO/ Repo/ Reverse Repo (including
corporate bond Repo), certificate of deposit, commercial papers, commercial
bills, treasury bills, Government securities issued by Central & State Government/
corporate bonds having an unexpired maturity up to one year, call or notice
money, Term Deposits, usance bills (BRDS) and any other similar instruments as
specified by the RBI/SEBI from time to time.
Short-term fixed deposits shall be held in the name of the Scheme and the
duration of such fixed deposit shall not exceed 91 days from the date of deposit.
Pursuant to SEBI circular No SEBI/IMD/CIR No. 13/150975/09 dated January
19, 2009, the Scheme shall make investments only in debt and money market
instruments with maturity of up to 91 days only. This shall also be applicable in
case of inter scheme transfer of securities.
Explanation:
i) In case of securities where the principal is to be repaid in a single payout,
the maturity of the securities shall mean residual maturity.
ii) In case the principal is to be repaid in more than one payout then the
maturity of the securities shall be calculated on the basis of weighted
average maturity of the security.
iii) In case of securities with put and call options (daily or otherwise) the residual
maturity of the securities shall not be greater than 91 days.
iv) In case the maturity of the security falls on a Non Business Day, then
settlement of securities will take place on the next Business Day.
The scheme may invest in derivatives up to a maximum of 50% of its net assets.
The cumulative gross exposure through debt and derivative positions should not
exceed 100% of the net assets of the scheme.
Liquidity in the scheme may be provided through borrowing to meet redemptions
in accordance with the SEBI Regulations.
The investment in Foreign Securities may be made up to 25% of the scheme
corpus and shall be in accordance with the prescribed Regulations from time to
time.
The Fund may also enter into “Repo”, “Short Selling “or such other transactions
as may be allowed to Mutual Funds from time to time.
The above is indicative and is subject to change keeping in view the market
conditions and opportunities, applicable Regulations and politico-economic
factors. The investment manager in line with the investment objective may alter
the above pattern for short term on defensive consideration.
The AMC reserves the right to change the above asset allocation pattern in the
interest of the investors depending on the market conditions for a short term
period of defensive consideration. Defensive considerations for this Scheme
include maintaining an adequate float to meet anticipated levels of redemptions,
expenses, and other liquidity needs.
In case any deviation from the asset allocation, the fund manager will carry out
Page 4 Continued...


MUTUAL
FUND

Reliance Nippon Life Asset Management Limited (formerly Reliance Capital Asset Management Limited)
(CIN - L65910MH1995PLC220793)
Registered Office: Reliance Centre, 7th Floor, South Wing, Off Western Express Highway, Santacruz (East), Mumbai - 400 055. • Tel No. +91 022 3303 1000 • Fax No. +91 022 3303 7662 • www.reliancemutual.com
NOTICE CUM ADDENDUM NO. 6
......continued ......continued ......continued

rebalancing within 30 days. Where the portfolio is not re-balanced within 30 days,
justification for the same shall be placed before the Investment Committee and
reasons for the same shall be recorded in writing. The Investment Committee shall
then decide on the course of action. However, at all times the portfolio will adhere
to the overall investment objectives of the Scheme.
Existing - Where will the scheme invest? : Please refer Section II - D
of the existing SID
Proposed - Where will the scheme invest? :
Further, please refer Note 3 under Notes
For details of Exit Option Please Refer Note 6
Reliance Liquidity Fund
Existing - Name of scheme : Reliance Liquidity Fund
Proposed - Name of scheme : Reliance Money Market Fund
Existing - Type of the Scheme : An open ended Liquid Scheme
a) Commercial Paper (CP), Certificate of Deposits (CD), Treasury Bills, Bills
Rediscounting, CBLO, Repo/ Reverse Repo (including repo in corporate
bonds).
b) Corporate Bonds include all debt instruments (including securitized debt)
issued by entities such as Banks, Public Sector Undertakings, Government
Agencies and other Statutory Bodies, Municipal Corporations, body
corporate, companies, trusts/ Special Purpose Vehicles etc and would
exclude investments in Government Securities issued by Central and State
Government.
c) Investment in Government securities issued by Central and/or State
Government to the extent of SEBI prescribed limits. Such securities may be:
(i) Supported by the ability to borrow from the Treasury or
(ii) Supported by Sovereign guarantee or the State Government or
(iii) Supported by Government of India/ State Government in some other
way.
d) Securities issued by any government agencies, quasi-government or statutory
Existing - Cut off timing for subscriptions/ redemptions/ switches - This is
the time before which your application (complete in all respects) should reach the
official points of acceptance. : Please refer Section III - B
Proposed - Cut off timing for subscriptions/ redemptions/ switches - This
is the time before which your application (complete in all respects) should reach
the official points of acceptance.
A. Subscriptions/Purchases including switch – ins
The following cut-off timings shall be observed by a mutual fund in respect of
purchase of units of the scheme and their plans, and the following NAVs shall
be applied for such purchase:
1. Purchases for an amount of Rs 2 lakh and above:
a. In respect of valid application received before 3.00 p.m. and
funds for the entire amount of subscription/ purchase as per the
application are credited to the bank account of the scheme and
are available for utilization before the cut-off time of 3.00 p.m., the
closing NAV of the day shall be applicable;

Proposed - Type of the Scheme : An open ended debt scheme investing bodies, Public Sector Undertakings, which may or may not be guaranteed or
in money market instruments supported by the Central Government or any state government (including but
not limited to coupon bearing bonds, zero coupon bonds and treasury bills).
Existing - Investment Objective : The investment objective of the
Scheme is to generate optimal returns consistent with moderate levels of risk and e) Non-convertible securities as well as nonconvertible portion of convertible
securities, such as debentures, coupon bearing bonds, zero coupon bonds,
high liquidity. Accordingly, investments shall predominantly be made in Debt and
Money Market Instruments. deep discount bonds, Mibor-linked or other floating rate instruments, premium
notes and other debt securities or obligations of public sector undertakings,
Proposed - Investment Objective : The investment objective of the banks, financial institutions, corporations, companies and other bodies
Scheme is to generate optimal returns consistent with moderate levels of risk and corporate as may be permitted by SEBI/ RBI from time to time.
liquidity by investing in money market instruments.
f) Derivatives like Interest rate swaps, Forward Rate agreements and other
Existing - Product Label : Please refer existing disclosure in SID such instruments as permitted by RBI/ SEBI.
Proposed - Product Label : g) Fund may use Interest Rate Futures (IRF) to create an imperfect hedge/
proper hedge from time to time.
This product is suitable for investors who are
h) Deposits with banks and other bodies corporate as may be permitted by
seeking*:
SEBI from time to time.
• Income over short term
i) Any other debt and money market instruments that may be available from
• Investment in money market
time to time.
instruments having residual maturity up
j) All investments in overseas securities will be governed by SEBI guidelines
to 1 year
issued from time to time. The Scheme may invest in various types of Foreign
*Investors should consult their financial
Securities including, but not limited to, any of the following:
advisers if in doubt about whether the
product is suitable for them. (i) Foreign debt securities (non-convertible) in the countries with fully
convertible currencies.
Existing - How will the scheme allocate its assets? : Please
refer Section II - C of the existing SID (ii) Overseas short term as well as long term debt instruments with rating
not below investment grade by accredited/ registered credit rating
Proposed - How will the scheme allocate its assets? : agencies.
Indicative asset allocation Risk (iii) Overseas Money market instruments rated not below investment grade.
(% of total assets) Profile k) The Fund may also enter into “Repo” (Repos including repo in corporate
bonds), hedging or such other transactions as may be allowed to Mutual
Instruments High/
Funds from time to time.
Minimum Maximum Medium/
Low In line with SEBI circular dated November 11, 2011 investments in corporate
bond repo shall be made basis the policy approved by the Board of RNAM
Money Market Instruments having Low to
0% 100% and RCTC. The significant features are as follows:
residual maturity up to 1 year Medium
Money market instruments include CBLO/ Repo/ Reverse Repo (including (i) As specified in the SEBI Circular dated November 15, 2012, the base
corporate bond Repo), certificate of deposit, commercial papers, commercial of eligible securities for mutual funds to participate in repo in corporate
debt securities is from AAA rated to AA and above rated corporate debt
bills, treasury bills, Government securities issued by Central & State
Government/ corporate bonds having an unexpired maturity up to one year, call securities.
or notice money, Term Deposits, usance bills (BRDS) and any other similar (ii) Category of counterparty & Credit rating of counterparty RMF
instruments as specified by the RBI/SEBI from time to time. schemes shall enter in lending via Repo only with Investment Grade
counterparties (as required by SEBI Regulations) which are part of the
The scheme may invest in derivatives up to a maximum of 50% of its net assets.
The cumulative gross exposure through debt and derivative positions should not approved debt universe (i.e. on which we have limits).
exceed 100% of the net assets of the scheme. (iii) Restriction pertaining to tenor of Collateral for FMPs, the tenor of the
b. In respect of valid application received after 3.00 p.m. and funds for
the entire amount of subscription/ purchase as per the application
are credited to the bank account of the scheme and available for
utilization before the cut-off time of the next business day, the
closing NAV of the next business day shall be applicable;
c. Irrespective of the time of receipt of application, the closing NAV of
the day on which the funds are credited to the bank account of the
scheme and available for utilization before the cut-off time on any
subsequent business day, the closing NAV of such subsequent
business day shall be applicable.
2. For switch-in of Rs 2 lakh and above
a. Application for switch-in is received before the applicable cut-off
time of 3.00 p.m;
b. Funds for the entire amount of subscription/purchase as per the
switch-in request are credited to the bank account of the respective
switch-in schemes before the cut-off time;
c. The funds are available for utilization before the cut-off time, by the
respective switchin schemes
3. Purchases/switch-in for amount of less than Rs 2 lakh:
a. where the application is received up to 3.00 pm with a local cheque
or demand draft payable at par at the place where it is received –
closing NAV of the day of receipt of application;
b. where the application is received after 3.00 pm with a local cheque
or demand draft payable at par at the place where it is received –
closing NAV of the next business day and;
c. where the application is received with an outstation cheque or
demand draft which is not payable on par at the place where it
is received – closing NAV of day on which the cheque or demand
draft is credited
It may be noted that pursuant to AMFI circular no. 135/BP/35/2012-13 dated
February 18, 2013, the following practice of aggregating split transactions shall
be followed and accordingly the closing NAV of the day on which the funds
are available for utilization shall be applied where the aggregated amount of
investments is Rs. 2 lacs and above:
a. All transactions received on the same day (as per Time stamp rule).
b. Transactions shall include purchases, additional purchases, excluding
Switches, SIP/STP/triggered transactions and various other eligible
systematic transactions as mentioned in the para titled “Special Products” of
respective SIDs.
c. Aggregations shall be done on the basis of investor’s PAN. In case of joint
holding, transactions with similar holding structures shall be aggregated.

Liquidity in the scheme may be provided through borrowing to meet redemptions
in accordance with the SEBI Regulations.
The investment in Foreign Securities may be made up to 25% of the scheme
corpus and shall be in accordance with the prescribed Regulations from time to
time.
collateral should expire before the maturity of the scheme. For other
schemes, the collateral should comply with the maturity restrictions
placed, if any, for those schemes in the Debt Investment Policy.
(iv) Applicable haircut RBI in its circular dated November 09, 2010 had
indicated the haircut to be applied for such transactions as follows:
d. All transactions shall be aggregated where investor holding pattern is
same as stated above, irrespective of whether the amount of the individual
transaction is above or below Rs 2 lacs.
e. Only transactions in the same scheme shall be clubbed. This will include
transactions at plan/ option level (Dividend, Growth, Direct).

The Fund may also enter into “Repo”, “Short Selling” or such other transactions as
may be allowed to Mutual Funds from time to time.
The above is indicative and is subject to change keeping in view the market
conditions and opportunities, applicable Regulations and politico-economic
factors. The investment manager in line with the investment objective may alter
the above pattern for short term and on defensive consideration.
The AMC reserves the right to change the above asset allocation pattern in the
interest of the investors depending on the market conditions for a short term
period of defensive consideration.
In case any deviation from the asset allocation, the fund manager will carry out
rebalancing within 30 days. Where the portfolio is not re-balanced within 30 days,
justification for the same shall be placed before the Investment Committee and
reasons for the same shall be recorded in writing. The Investment Committee shall
then decide on the course of action. However, at all times the portfolio will adhere
to the overall investment objectives of the Scheme.
Existing - Where will the scheme invest? : Please refer Section II - D
of the existing SID
Proposed - Where will the scheme invest? :
Subject to the SEBI Regulations, the Scheme may invest in various types of
instruments including, but not limited to, any of the following:
S.No. Rating Minimum Haircut
1 AAA 10%
2 AA+ 12%
3 AA 15%
The above haircuts are minimum stipulated haircuts where the repo period is
overnight or where the re-margining frequency (in case of longer tenor repos)
is daily. The RBI had earlier recommended a haircut of 25%. It is proposed
that we maintain a minimum haircut of 15% for all repo contracts of less than
3 months, and 25% for other contracts, unless a lower haircut is approved
by the Investment Committee. The Fund Manager may refer to the rating-
haircut matrix published by FIMMDA, to determine the appropriate haircut.
l) The schemes may also enter into repurchase and reverse repurchase
obligations in all securities (including Repos in corporate bonds) held by
them as per the guidelines and regulations applicable to such transactions.
It is the intention of the scheme to trade in the derivatives market as per
the Regulations. The scheme may also invest into tri-party Repo as per the
prescribed guidelines of RBI.
The securities mentioned above could be listed, unlisted, publicly offered,
privately placed, secured, unsecured, rated or unrated and of varying maturity.
The securities may be acquired through public offerings (IPOs), secondary market
operations, private placement, rights offers or negotiated deals.
f. Transactions in the name of minor, received through guardian should not be
aggregated with the transaction in the name of same guardian.
Further, investors may please note that the said process is being followed in line
with the directives specified by Association of Mutual Funds in India (“AMFI”).
RMF/ RNAM shall reserve the right to change/ modify any of the terms with
respect to processing of transaction in line with directives specified by Securities
& Exchange of Board of India and/or AMFI from time to time.
B. Redemptions including switch - outs
The following cut-off timings shall be observed by a mutual fund in respect of
repurchase of units in its other schemes and their plans, and the following NAVs
shall be applied for such repurchase:
a. where the application received up to 3.00 pm – closing NAV of the day of
receipt of application; and
b. where the application received after 3.00 pm - closing NAV of the next
business day.
For details of Exit Option Please Refer Note 6

continued...... continued...... continued......

NOTES

Note 1
Applicable Investment Limits for Real Estate Investment Trust (REITs) and Infrastructure Investment Trust (InvITs):
a. At the Mutual Fund level:- Not more than 10% of units issued by a single issuer of REIT and InvIT;
b. At a single Mutual Fund scheme level: -
i. not more than 10% of its NAV in the units of REIT and InvIT;
and
ii. not more than 5% of its NAV in the units of REIT and InvIT issued by a single issuer.
The limits mentioned in sub- clauses (i) and (ii) above will not be applicable for investments in case of index fund or
sector or industry specific scheme pertaining to REIT and InvIT.
Note 2
Risk Factors Associated with Investments in REITs and InvITS:
Market Risk: REITs and InvITs Investments are volatile and subject to price fluctuations on a daily basis owing to factors
impacting the underlying assets. AMC/Fund Manager’s will do the necessary due diligence but actual market movements
may be at variance with the anticipated trends.
Liquidity Risk: As the liquidity of the investments made by the Scheme(s) could, at times, be restricted by trading volumes,
settlement periods, dissolution of the trust, potential delisting of units on the exchange etc, the time taken by the Mutual Fund
for liquidating the investments in the scheme may be high in the event of immediate redemption requirement. Investment in
such securities may lead to increase in the scheme portfolio risk.
Reinvestment Risk: Investments in REITs & InvITs may carry reinvestment risk as there could be repatriation of funds by
the Trusts in form of buyback of units or dividend pay-outs, etc. Consequently, the proceeds may get invested in assets
providing lower returns.
The above are some of the common risks associated with investments in REITs &InvITs. There can be no assurance that
a Scheme’s investment objectives will be achieved, or that there will be no loss of capital. Investment results may vary
substantially on a monthly, quarterly or annual basis.
The above changes will be applicable to all the relevant sections of SID and KIM and the respective sections shall stand
modified accordingly. All other terms and conditions as mentioned in the SID / KIM of Scheme shall remain unchanged.
The above proposal is change in the Fundamental Attributes of the scheme as per Regulation 18(15A) of the SEBI (Mutual
Funds) Regulations, 1996 and pursuant to provision of SEBI Circular no. SEBI/HO/IMD/DF3/CIR/P/2017/114 and SEBI/HO/
IMD/DF3/CIR/P/2017/126 dated October 6, 2017 and December 4, 2017 respectively.
Note 3
Subject to the SEBI Regulations, the Scheme may invest in various types of instruments including, but not limited to, any
of the following:
a) Commercial Paper (CP), Certificate of Deposits (CD), Treasury Bills, Bills Rediscounting, CBLO, Repo/Reverse Repo
(including repo in corporate bonds)
b) Corporate Bonds include all debt instruments (including securitized debt) issued by entities such as Banks, Public
Sector Undertakings, Government Agencies and other Statutory Bodies, Municipal Corporations, body corporate,
companies, trusts/ Special Purpose Vehicles etc and would exclude investments in Government Securities issued by
Central and/or State Government.
c) Investment in Government securities issued by Central and/or State Government to the extent of SEBI prescribed
limits. Such securities may be:
(i) Supported by the ability to borrow from the Treasury or
(ii) Supported by Sovereign guarantee or the State Government or
(iii) Supported by Government of India/ State Government in some other way.

Regulatory/Legal Risk: REITs and InvITs being new asset classes, rights of unit holders such as right to information etc may d) Securities issued by any government agencies, quasi-government or statutory bodies, Public Sector Undertakings,
differ from existing capital market asset classes under Indian Law. which may or may not be guaranteed or supported by the Central Government or any state government (including but

continued...... Page 5 Continued...



MUTUAL
FUND

Reliance Nippon Life Asset Management Limited (formerly Reliance Capital Asset Management Limited)
(CIN - L65910MH1995PLC220793)
Registered Office: Reliance Centre, 7th Floor, South Wing, Off Western Express Highway, Santacruz (East), Mumbai - 400 055. • Tel No. +91 022 3303 1000 • Fax No. +91 022 3303 7662 • www.reliancemutual.com
NOTICE CUM ADDENDUM NO. 6

not limited to coupon bearing bonds, zero coupon bonds and treasury bills). The investments in debt instruments carry various risks like interest rate risk, liquidity risk, default risk, purchasing power risk
e) Non-convertible securities as well as nonconvertible portion of convertible securities, such as debentures, coupon etc. While they cannot be done away with, they can be minimized by diversification and effective use of hedging techniques.
bearing bonds, zero coupon bonds, deep discount bonds, Mibor-linked or other floating rate instruments, premium The fund management team will take an active view of the interest rate movement by keeping a close watch on various
notes and other debt securities or obligations of public sector undertakings, banks, financial institutions, corporations, parameters of the Indian economy, as well as developments in global markets.
companies and other bodies corporate as may be permitted by SEBI/ RBI from time to time.
Investment views/ decisions will be taken on the basis of the following parameters:
f) Securitized debt, pass through obligations, various types of securitization issuances including but not limited to Asset
i) Prevailing interest rate scenario
Backed Securitization, Mortgage Backed Securitization, single loan securitization and other domestic securitization
instruments, as may be permitted by SEBI/ RBI from time to time. ii) Quality of the security/ instrument (including the financial health of the issuer)
g) Derivatives like Interest rate swaps, Forward Rate agreements and other such instruments as permitted by RBI/ SEBI. iii) Maturity profile of the instrument
h) Fund may use Interest Rate Futures (IRF) to create an imperfect hedge/ proper hedge from time to time as per SEBI iv) Liquidity of the security
regulations. v) Growth prospects of the company/ industry
i) Deposits with banks and other bodies corporate as may be permitted by SEBI from time to time vi) Any other factors in the opinion of the fund management team
j) Any other debt and money market instruments that may be available from time to time. Note 5
k) The scheme may invest in the liquid schemes launched by SEBI registered Mutual Fund or schemes that invest Macaulay Duration:
predominantly in money market instruments.
Measure of the weighted average time taken to get back the cash flows is called ‘Macaulay Duration’ and is one comprehensive
l) All investments in overseas securities will be governed based on SEBI guidelines issued from time to time. The Scheme parameter portraying the risk-return profile of the bond. The weight of each cash flow is determined by dividing the present
may invest in various types of Foreign Securities including, but not limited to, any of the following: value of the cash flow by the price. It is expressed in number of years or days.
(i) Foreign debt securities (non-convertible) in the countries with fully convertible currencies. For Example:
(ii) Overseas short term as well as long term debt instruments with rating not below investment grade by accredited/ Take a bond with Rs. 100 face value, 10% coupon rate and tenor of the bond is 5 years and the discount factor is 10%.
registered credit rating agencies.
(iii) Overseas Money market instruments rated not below investment grade. No of Cash Flow Discount Factor Present Value of Cash Weight of Cash Flows Duration (Yrs)
Yrs (T) (Coupon + ((1+YTM)^t) Flows (Cash Flow/ (Present Value of Cash (Weight of Cash
m) The Fund may also enter into “Repo” (Repos including repo in corporate bonds), hedging or such other transactions as Principal) Discount Factor) Flow/Current Price) Flows * T)
may be allowed to Mutual Funds from time to time.
1 10 1.10 9.09 9.09% 0.09
In line with SEBI circular dated November 11, 2011 investments in corporate bond repo shall be made basis the policy
approved by the Board of RNAM and RCTC. The significant features are as follows: 2 10 1.21 8.26 8.26% 0.17
(i) As specified in the SEBI Circular dated November 15, 2012, the base of eligible securities for mutual funds to 3 10 1.33 7.51 7.51% 0.23
participate in repo in corporate debt securities is from AAA rated to AA and above rated corporate debt securities. 4 10 1.46 6.83 6.83% 0.27
(ii) Category of counterparty & Credit rating of counterparty RMF schemes shall enter in lending via Repo only with 5 110 1.61 68.30 68.31% 3.42
Investment Grade counterparties (as required by SEBI Regulations) which are part of the approved debt universe
(i.e. on which we have limits). Current market Price of the Bond 100 100.00% 4.17
(iii) Restriction pertaining to tenor of Collateral for FMPs, the tenor of the collateral should expire before the maturity Macaulay duration is 4.17%, considering a YTM discount factor of 10%.
of the scheme. For other schemes, the collateral should comply with the maturity restrictions placed, if any, for Macaulay duration = Sum of (Present value of cash flow)*T/market price of the bond
those schemes in the Debt Investment Policy.
The above changes will be applicable to all the relevant sections of SID and KIM and the respective sections shall stand
(iv) Applicable haircut RBI in its circular dated November 09, 2010 had indicated the haircut to be applied for such modified accordingly. All other terms and conditions as mentioned in the SID / KIM of Scheme shall remain unchanged. The
transactions as follows: above proposal is change in the Fundamental Attributes of the scheme as per Regulation 18(15A) of the SEBI (Mutual Funds)
S.No. Rating Minimum Haircut Regulations, 1996 and pursuant to provision of SEBI Circular no. SEBI/HO/IMD/DF3/CIR/P/2017/114 and SEBI/HO/IMD/
DF3/CIR/P/2017/126 dated October 6, 2017 and December 4, 2017 respectively.
1 AAA 10%
Note 6
2 AA+ 12%
Exit Option for Unit holders:
3 AA 15%
Pursuant to Regulation 18(15A) of SEBI (Mutual Funds) Regulations, 1996 in case of change in the fundamental attribute, an
The above haircuts are minimum stipulated haircuts where the repo period is overnight or where the re-
option is required to be provided to the unit holders of the Scheme to exit at the prevailing Net Asset Value, without any exit
margining frequency (in case of longer tenor repos) is daily. The RBI had earlier recommended a haircut
load (“exit option”).
of 25%. It is proposed that we maintain a minimum haircut of 15% for all repo contracts of less than 3
months, and 25% for other contracts, unless a lower haircut is approved by the Investment Committee. Since the proposed modification would be a change in the Fundamental Attributes of the Scheme, an exit option is being
The Fund Manager may refer to the rating-haircut matrix published by FIMMDA, to determine the appropriate provided to the unit holders of the Scheme during a period of 31 (Thirty) days, commencing from the April 18, 2018 till May
haircut. 18, 2018 up to 3.00 p.m. (both days inclusive).
n) The schemes may also enter into repurchase and reverse repurchase obligations in all securities (including Repos in Should you therefore wish to exercise the exit option, you may do so, by submitting a valid redemption / switch-out request at
corporate bonds) held by them as per the guidelines and regulations applicable to such transactions. It is the intention any of our Investor service Centre during the aforesaid period of 31 days and in case of redemption, the redemption proceeds
of the scheme to trade in the derivatives market as per the Regulations. The scheme may also invest into tri-party Repo will be mailed/ credited within 10 (ten) working days from the date of the receipt of the redemption request.
as per the prescribed guidelines of RBI. It may however be noted that all requests for exit option received after cut-off time on May 18, 2018, shall be subject to the
o) Overseas derivatives traded on recognized stock exchanges overseas (currently permitted only for hedging and applicable exit load, in terms of the relevant details, as specified in the SID / KIM of the Scheme. Unit holders should ensure
portfolio balancing with underlying as securities). that any change in address or pay-out bank details required by them, are updated in the Fund’s records before exercising the
exit option in line with the timelines as mentioned in the Statement of Additional Information / SID/ KIM.
p) Short term deposits with banks overseas where the issuer is rated not below investment grade.
It may further be noted that (a) in case you do not have any objection to the said change in the Fundamental Attributes of
q) Units/securities issued by overseas mutual funds or unit trusts registered with overseas regulators and investing in
the Scheme, no action is required to be taken at your end; (b) the unit holders who do not exercise the exit option within
permitted Foreign Securities, Real Estate Investment Trusts (REITs) listed in recognized stock exchanges overseas or
the aforesaid period, would be deemed to have consented to the proposed change in the Fundamental Attributes of the
unlisted overseas securities (not exceeding 10% of their net assets).
Scheme; (c) the unit holders who have pledged or encumbered their units will not have the option to exit unless they procure
r) Any other permitted overseas securities/ instruments that may be available from time to time. The scheme shall not an effective release of their pledges / encumbrances prior to the submission of redemption / switch-out requests; and (d)
invest in foreign securitized debts. Investment in Foreign Securities shall be in accordance with the guidelines issued the impact of securities transaction tax, if any, arising out of the exit option exercised during the exit option period hereunder,
by SEBI from time to time. shall be borne by Reliance Nippon Life Asset Management Limited (formerly Reliance capital Asset Management Limited) .
The securities mentioned above could be listed, unlisted, publicly offered, privately placed, secured, unsecured, rated However, any other tax consequences, arising out of exercise of exit option during the exit option period hereunder, shall be
or unrated and of varying maturity. The securities may be acquired through public offerings (IPOs), secondary market borne by the investor in line with the relevant provisions, as have been set forth in the Statement of Additional Information /
operations, private placement, rights offers or negotiated deals. Scheme Information Document / Key Information Memoranda.

Note 4 The unit holders of the Scheme are also being individually informed about the details of the change in the fundamental
attributes through a separate written communication. Incase the unit holder has not received the written communication,
The fund management team will endeavor to maintain a consistent performance in the scheme by maintaining a balance investor can contact our customer care / investor service centre or visit our website.
between safety, liquidity and profitability aspects of various investments. The fund manager will try to achieve an optimal risk
return balance for management of the fixed income portfolios. This addendum forms an integral part of the SID and KIM of the Scheme from time to time. All the other terms and conditions
of the SID, Statement of Additional Information (SAI) and KIM, read with the addenda issued from time to time will remain
unchanged.
For RELIANCE NIPPON LIFE ASSET MANAGEMENT LIMITED
(formerly Reliance Capital Asset Management Limited)
(Asset Management Company for RELIANCE MUTUAL FUND)
Mumbai Sd/-
April 13, 2018 Authorised Signatory

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.