Plastic money is a popular way of accessing a bank account or a credit account today for withdrawing cash or shopping but what if you could bring the same convenience to your mutual fund portfolio? Presenting Reliance Any Time Money card that combines the benefits of mutual fund investments along with the convenience of a debit card. While traditional Mutual Fund investments offer the potential to earn market-linked returns with benefits of diversification, relatively low cost, liquidity, and professional management, accessibility to investments in these funds, mostly provided through physical redemptions, though high, is not instantaneous. The Reliance Any Time Money Card offers instant accessibility and liquidity to investors of mutual fund . So, now you can have access to your investments day or night. While your investments are earning their returns, they are also available to you all the time at your convenience.
FEATURES OF RELIANCE ANYTIME MONEY CARD: Cash withdrawal facility at Visa enabled ATMs and purchase transactions at merchant establishments just like a regular debit card in India.
Daily Visa enabled ATM cash withdrawal limit of 50% of the balance in the primary scheme account or up to permissible limit determined by the bank or ` 50,000 whichever is lower.
Daily purchases limit of 50% of the balance in the primary scheme account* or ` 100,000 whichever is lower
Fuel surcharge waiver Free SMS and E-mail alerts on every transaction
*Primary scheme account gives you the flexibility to access your funds at all Visa enabled ATMs and merchant establishments across India. Primary scheme account can only be either Reliance Liquid Fund - Treasury Plan/ Reliance Liquid Fund – Cash Plan/ Reliance Money Manager Fund
The card is linked to your Reliance Mutual Fund schemes offering you instant access to your investments. The card will allow you to withdraw / spend against your mutual fund investments by providing you access at Visa-enabled ATMs and merchant outlets across India. Essentially it combines the benefit of investments along with the convenience of Debit card linked to your Reliance Mutual Fund investments