Retirement planning is one of the most important goals in the life of an individual. Typically, individuals prepare during their 30 years of working age acquiring knowledge, skill and sufficient income in order to live a good life post-retirement. The post-retirement life is expected to be as long, with increase in life expectancy and hence it is important to plan and aim to accumulate a healthy retirement corpus that could ensure you have a happy & prosperous retirement life.
We are pleased to bring to you Reliance Retirement Fund (RRF) an open-ended notified tax-savings cum pension scheme offering tax benefits u/s 80C. The fund is uniquely designed with an aim to take care of retirement needs of an individual.
Some of the key features of the Fund are:
2 Schemes – Equity-oriented “Wealth Creation Scheme” (65%-100% in equities) that could be suitable during the accumulation phase and Debt-oriented “Income Generation Scheme”(5%-30% in equities) that could be suitable during the distribution phase.
Enables you to customize and tailor-make your retirement plans
Tax-Saving – As per clause (xiv) of sub-section (2) of section 80C of the Income Tax Act, 1961, individual investor will get tax deductions for investments up to Rs 1.5 Lakhs in a financial year.
NFO OPENS TODAY.
Categories: Income Tax, Mutual Fund, Retirement Planning
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