Reliance MF announces Further Fund Offer 3 for CPSE ETF
Reliance Mutual Fund (RMF) Tuesday announced Further Fund Offer 3 (FFO3) of its Central Public Sector Enterprises - Exchange Traded Fund (CPSE ETF). RMF plans to raise up to Rs 14,000 crore in FFO3, which includes a base amount of Rs 8,000 crore.
As part of the FFO3, an upfront discount of 4.5 per cent is being offered to all categories of investors. Image courtesy: Reuters