Reliance Mutual Fund launched “Any Time Money Card” to give retail consumers instant access to their mutual fund investments.
An online news portal about business and economy - economictimes.indiatimes.com, quotes a statement of Himanshu Vyapak, CEO of Reliance Capital Asset Management Ltd., “Reliance Mutual Fund is the first fund house in the country to launch this card that offers all the convenience of a debit card for investments made in Reliance mutual fund schemes.”
Any Time Money is the first card in India launched by Reliance Mutual Fund to offer all the convenience of a debit card for investments in RMF.
Further he said in his statement about Reliance Any Time Money Card, “For long, investors have been shying away from investing in MF schemes, especially liquid funds, primarily for lack of options that assure them access to their investments, as and when required, without restricting the growth potential of investments. We feel this card will fill this gap and provide them the necessary reassurance of instant access to their money, allowing them to access their investments just as they would a savings account.”
Reliance Mutual Fund Any Time Money Card will provide an access to the investments of investors and necessary reassurance of instant access to their money.
The Reliance Mutual Fund Any Time Money Card will be made available to investors investing in RMF. Himanshu Vyapak added, “the card will be linked to investments made in the designated funds and can be used to withdraw cash from any VISA authorized ATM or payments at Point of Sale (PoS) outlets. The card has no annual fees or transaction charges within India.”
There is no annual fee or transaction charge within India for the card. It will be linked to investments and can be used to withdraw cash from any VISA authorized ATM. It is a new product of Reliance Mutual Fund after Reliance SIP in Gold Savings Fund.
An online news portal about business and economy - economictimes.indiatimes.com, quotes a statement of Himanshu Vyapak, CEO of Reliance Capital Asset Management Ltd., “Reliance Mutual Fund is the first fund house in the country to launch this card that offers all the convenience of a debit card for investments made in Reliance mutual fund schemes.”
Any Time Money is the first card in India launched by Reliance Mutual Fund to offer all the convenience of a debit card for investments in RMF.
Further he said in his statement about Reliance Any Time Money Card, “For long, investors have been shying away from investing in MF schemes, especially liquid funds, primarily for lack of options that assure them access to their investments, as and when required, without restricting the growth potential of investments. We feel this card will fill this gap and provide them the necessary reassurance of instant access to their money, allowing them to access their investments just as they would a savings account.”
Reliance Mutual Fund Any Time Money Card will provide an access to the investments of investors and necessary reassurance of instant access to their money.
The Reliance Mutual Fund Any Time Money Card will be made available to investors investing in RMF. Himanshu Vyapak added, “the card will be linked to investments made in the designated funds and can be used to withdraw cash from any VISA authorized ATM or payments at Point of Sale (PoS) outlets. The card has no annual fees or transaction charges within India.”
There is no annual fee or transaction charge within India for the card. It will be linked to investments and can be used to withdraw cash from any VISA authorized ATM. It is a new product of Reliance Mutual Fund after Reliance SIP in Gold Savings Fund.