Recent Updates in Reliance SIP + Insure Feature:

Reliance Mutual fund has provided an add on feature of Life insurance for their SIP investors under Group insurance without any extra cost.

This facility has been extended to new three schemes of  Reliance Mutual Fund W.E.F. 8th June 2011Viz.

1.Reliance Equity opportunities.

2.Reliance Small -cap.

3.Reliance Infrastructure Fund.

Also as per new updates,investors can open SIP under this scheme without any upper term.

But facility of insurance cover will cease from complrtion of 55 years of investors and also exit load of normal SIPs will be applicable thereafter.

For more information about SIP-Insure facility:

http://www.saving-ideas.com/2011/04/reliance-sip-insure-a-doraemons-gadget-to-accumulate-wealth-over-a-long-term/