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Good response to Reliance MF power fund
MUMBAI: Reliance Mutual Fund has mopped up over Rs. 415 crores through its diversified power sector fund, an open ended power sector scheme. "The initial public offering of Reliance Diversified Power Sector Fund saw a good investor response with over 65,000 applications coming in from 76 centres," RMF said in a statement here. The IPO had opened on March 29 and closed on April 15 and the minimum application amount was Rs. 10,000.
PTI
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