Religare Fund has announced that Religare Infrastructure Fund which is a close ended scheme will be converted to an open ended scheme. The change will be effective from 23rd November, 2010. Investors who do not agree with the conversion may redeem or switch their units between the periods of 22nd October, 2010 to 22nd November, 20100 without paying any exit load. After the conversion to open ended scheme the fund will charge 1 per cent exit load if units are redeemed within 1 year from the date of allotment. The scheme is benchmarked against CNX 500 and is managed by Mr. Pardeep Kumar.
Invest In Tax Saving Mutual Funds Online Download Tax Saving Mutual Fund Application Forms Buy Gold Mutual Funds `HOW green was my valley'. This title comes from a movie I had watched many years ago. A little boy's journey into adulthood and the story of a Welsh valley's turn of-the-century descent from pristine paradise to despoiled coal mining. I thought of the title because it is comparatively reflective of a person's life the glorious years when he is earning and the sun down years when he is not having his regular job and, hence, his living standards comes down. The reason is a combination of things. Inflation of food items, transport, increase in health related costs in the later years of life and increase in expenses in almost all basic amenities of life. In India, the social security system is almost non-existent. In some states, wherever it is available, the scales of benefits are extremely modest...
