Reliance Any-time Money Card, a game-changer and a 1st of it’s kind in ASIA.
This product impacts the way saves their money, invests their money and spends their money
Adding a little plus to their Savings and a big plus to their lives!!
us a country of Savers.
However, we tend to save quite conservatively, often letting our savings earn nominal returns. As per RBI statistics, there are more than 55 Cr Savings Bank accounts with savings amount in excess of Rs.
12 Lakh Crores
Ho usehold Savings in India is amongst the highest in the world, making
Even a small amount of Rs. 10,000 per month saved at 8% per annum, instead of 4% per annum, will result in huge difference of Rs.
22 Lakhs in the final amount over 20 years.
Heavy cash holding generally makes for poor financial planning and may hurt investors’ portfolio, especially in the long-term.
Accessibility to investments in these funds, mostly provided through physical redemptions, though high, is not instantaneous.
Mutual Fund investments offer the potential to earn market-linked returns with benefits of diversification, relatively low cost, liquidity, favorable taxation and professional management. Liquid funds and Money Market Funds, particularly, may bridge the gap of earning reasonable returns commensurate with low to medium levels of risk along with high liquidity.
Introducing Reliance Anytime Money Card – Mutual Fund Investments linked to a debit card,
thereby combining the benefits of Mutual Fund investments along with the convenience of debit cards, making it a compulsively appealing proposition.
Now, with Reliance Anytime Money Card, investors can “save smartly without compromising on accessibility”.
Some of the salient features of the card:
- Cash withdrawal in over 1.8 million Visa-enabled ATMs across the world
- Spending through 30 million merchant outlets across the world
- Balance enquiry in HDFC Bank ATMs
- Primary scheme account, either Reliance Liquid Fund – TP or Reliance Money Manager Fund, allowing investors to earn liquid / debt returns on a daily basis
- Option to have other eligible schemes of Reliance Mutual Fund, across asset class of equity, fixed income and gold, linked to the card as secondary scheme accounts
- Option to conveniently transact in mutual fund schemes through multiple modes viz., online, mobile and call-center by subscribing for Invest Easy facility
- Online usage of the card would be enabled soon allowing usage to make utility bill payments and online purchases
TO INVEST IN RELIANCE MUTUAL FUND CALL AJAY 98500 74571
No comments yet
No comments yet.
RSS feed for comments on this post. TrackBack URL
Leave a comment