Reliance Any Time Money Card details

[sachincapoor]

Reliance Any Time Money Card

Reliance Any Time Money Card Introduction Debit cards are incredibly handy for daily expenses and general cash withdrawal needs. They provide the flexibility to withdraw cash from ATM or to make purchase at merchant establishments. Initially the use of debit cards was confined to bank accounts.

A traditional Debit Card can be linked to

• Saving accounts (relatively low interest rate)
• Current account ( Zero interest rate)

Mutual fund schemes such as liquid funds, on the other hand, offer investors market-linked returns by investing into a diversified portfolio of money market / short-term debt instruments.

Reliance Any Time Money Card Reliance Mutual Fund (“RMF”) offers Reliance Any Time Money Card (“the card”), linked to mutual fund schemes offering you instant access to your investments. The card will allow you to withdraw / spend against your own mutual fund investments by providing you access in Visa-enabled ATMs and merchant outlets across the world.

Key Features of Reliance Any Time Money Card

• The card offers you the benefit of Mutual Fund Investments along with the convenience of debit cards
• Allows cash withdrawal and transaction in Point of Sales (PoS) terminals in Visa-powered ATM / PoS terminals
• Allows Balance Enquiry in Visa-enabled ATMs
• You have the choice to withdraw from any scheme linked to the card in HDFC Bank ATMs
• In non-HDFC Bank ATMs and PoS terminals, transaction will happen only through Primary Account only
• Card will offer instant liquidity up to a permissible limit as fixed / determined by the Bank for ATM cash withdrawals or 50% of the balance in scheme account or Rs. 50,000 (whichever is lower) as set by RMF, per day, from time-to-time
• You can spend up to 50% of the balance in the primary scheme account or Rs. 100,000 per day (whichever is lower) at PoS terminals

Primary Scheme Account Primary scheme account on the card can only be either Reliance Liquid Fund – Treasury Plan or Reliance Money Manager Fund. It is mandatory to have one of these schemes as the primary scheme account in order to apply for the card.

Type of Transactions 3 types of transactions are allowed through the card.

• ATM Cash withdrawal
• ATM Balance enquiry
• Purchase at merchant establishments

Card is accepted at over 1.8 million Visa-enabled ATMs and over 30 million merchant establishments that accept visa.
(Source www.visa.com)

Transactions at HDFC Bank ATM At HDFC Bank ATMs, you get the flexibility to withdraw cash / do balance enquiry from any of the mutual fund scheme linked to the card.

a. Withdrawal:

• Corresponding Scheme and plan associated with the card are displayed in case of cash withdrawal
• Post selecting the scheme and a plan, amount needs to be entered. If the withdrawal amount is within the limit, transaction is honored and processed

For example,

If you have following three schemes in your portfolio of investment

Scheme Name	Balance in account(in Rs)
Reliance Liquid Fund - Treasury Plan (primary scheme account)	20,000
Reliance Dynamic Bond Fund	20,000
Reliance Income Fund	10,000

• Suppose you do a transaction at Visa enabled ATM for Rs. 10,000. The transaction will go through as there is a balance of Rs. 20,000 in the primary scheme account (Reliance Liquid fund – Treasury Plan)
• At the same time once the above transaction has been completed, you will have exhausted the daily limit for the primary scheme account. Hence all other subsequent PoS transactions, if any, will be declined. (on that day)
• • However, you have the choice to withdraw Rs. 10,000 or Rs. 5,000 (subject to the limits mentioned in the key features) from Reliance Dynamic Bond Fund or Reliance Income Fund respectively through HDFC Bank ATM

b. Balance Enquiry:

• HDFC Bank ATM displays all the schemes and plan associated with this card
• Post selecting the scheme and a plan, the corresponding balance is displayed

Transactions at Non HDFC Bank ATM Cash withdrawal / Balance enquiry at other Visa ATMs

You can access only primary scheme account through the other Visa ATMs. In case of balance enquiry only the details of the primary scheme account can be accessed. Similarly in case of cash withdrawal request, amount will be dispensed from the primary scheme account only.

Eligibility

• Primary scheme account on the card can only be either Reliance Liquid Fund – Treasury Plan or Reliance Money Manager Fund. It is mandatory to have one of these schemes as the primary scheme account in order to apply for the card
• It is mandatory for investor to provide mobile number and email id to the RMF in order to avail the card
• The card shall be issued only to individual Resident Indian investors, who are aged 18 years and above
• The card shall not be issued to HUF, NRI, Private / Public Ltd Companies, Partnership Firms, Proprietorship Firms, Trusts and any other category of investors as defined in the offer document
• Further, the card shall be issued only in respect of folios where holding basis is 'Either or Survivor / Anyone or Survivor' or Single. No card shall be issued where mode of operation is JOINT
• The card will be issued only after realization of cheque
• Currently only one card can be issued per folio / master account. In case of multiple holders the card shall be issued only to the 1st holder

General Guidelines

• The facility will be in addition to the conventional method of redemption i.e., physical redemption request through the Designated Investor Service Centers of the Reliance Mutual Fund. In other words, investors can opt for any of the redemption facility as per their choice and convenience
• No card shall be issued for subscriptions through DDs / third party cheques
• Withdrawals through this alternative mode of redemption can be stopped temporarily or permanently for the want of any statutory compliance, at the directives of RBI and / or SEBI or any competent statutory regulatory authority
• The Trustees reserves the right to discontinue / modify / alter the said facility on a prospective basis subject to compliance with the prevailing SEBI guidelines and Regulations
• The card is valid in India and abroad. Card is not valid for payment in foreign currency in Nepal and Bhutan
• Investors should ensure that while using the card outside India, they are doing so strictly in accordance with RBI's Exchange Control Regulations, as prevailing from time to time. The onus of ensuring compliance with the regulations is on the holder of the card
• SEBI guidelines on uniform cut off timings for redemption shall also be applicable to the aforesaid facility of alternative means of redemption

Card Limits At ATM: - In a day you can withdraw up to 50% of the balance in scheme account or Rs. 50,000 (whichever is lower) from an ATM or up to a permissible limit as fixed / determined by the Bank.
At POS: - In a day you can spend up to 50% of the balance in primary scheme account or Rs. 100,000 (whichever is lower) at merchant outlets.

Card Design

Current schedule of Charges

Particulars	Limit	Charges
Cash Withdrawal	Upto 50% of the scheme balance* or Rs 50,000, whichever is lower	Nil
Spending in PoS Terminals	Upto 50% of the scheme balance* or Rs. 100,000	Nil
Balance Enquiry		Nil
Card Issuance Fee		Nil
Annual Fee		Nil
Re-issuance of Lost Card		Nil
Re-issuance of Lost PIN		Nil
Hotlisting of Card		Nil
International Cash Withdrawal		Rs. 69 + ST#
International Balance Enquiry		Rs. 21 + ST#

* Cash withdrawal at Visa ATM (other than HDFC) / PoS usage amount will be debited from the primary scheme.

• At HDFC Bank ATM customer can withdraw 50% of the balance in the scheme account or Rs. 50,000 (whichever is lower) from the eligible schemes linked to card
• Customer can withdraw cash in multiple transactions at different ATMs till the daily limit of 50% of the balance in scheme account or Rs. 50,000 (whichever is lower) is reached
• Similarly at POS customer can purchase up to 50% of the balance in the primary scheme account or Rs. 100,000 whichever is lower
- Above charges are subject to revision with / without a prior intimation
# Service tax is currently charged at 10.3% and it is subject to change

Application for Reliance Any Time Money CardNew Investor
Fill up common application form to invest in Reliance Liquid - Treasury Plan / Money Manager Fund

• Apply for ATM Card
• KYC Form (if investor is not KYC Compliant)

Existing Investor(Investments in Reliance Liquid fund – Treasury Plan / Money Manager Fund)
Apply for ATM Card using specially designed ATM application form

Reliance Any Time Money Card is available only with the below Reliance Mutual Fund schemes:

Primary Scheme Account
Reliance Liquid Fund - Treasury Plan
Reliance Money Manager Fund
Other eligible Schemes linked to Card
Scheme Name	Scheme Name
Reliance Liquid Fund- Cash Plan	Reliance Equity Fund
Reliance Short Term Fund	Reliance Top 200 Fund
Reliance Floating Rate Fund - Short Term Plan	Reliance Equity Opportunities Fund
Reliance Income Fund	Reliance Growth Fund
Reliance Medium Term Fund	Reliance Index Fund - Sensex Plan
Reliance Regular Savings Fund - Debt Option	Reliance Index Fund - Nifty Plan
Reliance Money Manager Fund	Reliance Infrastructure Fund
Reliance Dynamic Bond Fund	Reliance Natural Resources Fund
Reliance Gilt Securities Fund	Reliance Regular Savings Fund - Balanced Option
Reliance Monthly Income Fund	Reliance Regular Savings Fund - Equity Option
Reliance Gold Savings Fund	Reliance Small Cap Fund
Reliance Arbitrage Advantage Fund	Reliance Vision Fund
Reliance Pharma Fund	Reliance Banking Fund
Reliance Quant Plus Fund	Reliance Diversified Power Sector Fund
Reliance Long Term Equity Fund	Reliance Media & Entertainment Fund
Reliance Liquidity Fund

Re - issuance of Card In case of lost / damaged card you can apply for a new card by filling up the application form. At any time only one card can be active.

Card BlockingThe process for blocking a card for a definite period or indefinitely, based on your request can be done through the 24 hour call centre.

You can block your card temporarily or permanently through 24/7 Customer Contact Centre.

For further details on ATM Card kindly refer to Notice Cum Addendum No. 44 dated September 5, 2011.
The views constitute only the opinions and do not constitute any guidelines or recommendation on any course of action to be followed by the readers. Readers are advised to seek independent professional advice and arrive at an informed investment decision before making any investments. None of The Sponsor, The Investment Manager, The Trustee, their respective directors, employees, affiliates or representatives shall be liable for any direct, indirect, special, incidental, consequential, punitive or exemplary damages, including lost profits arising in any way from the information contained in this material.

Statutory Details: Reliance Mutual Fund has been constituted as a trust in accordance with the provisions of the Indian Trusts Act, 1882. Sponsor: Reliance Capital Limited. Trustee: Reliance Capital Trustee Company Limited. Investment Manager: Reliance Capital Asset Management Limited ("Registered Office of Trustee & Investment Manager: 'H' Block, 1st Floor, Dhirubhai Ambani Knowledge City, Koparkhairne, Navi Mumbai - 400 710, Maharashtra). The Sponsor, the Trustee and the Investment Manager are incorporated under the Companies Act 1956. The Sponsor is not responsible or liable for any loss resulting from the operation of the Scheme beyond their initial contribution of Rs.1 lakh towards the setting up of the Mutual Fund and such other accretions and additions to the corpus.

Terms of issue: The NAV of the Scheme will be calculated and declared on every Working Day. The Scheme provides sale / switch – in & repurchase /switch - out facility on all Business Days at NAV based prices.

Risk Factors: Mutual Funds and securities investments are subject to market risks and there is no assurance or guarantee that the objectives of the Scheme will be achieved. As with any investment in securities, the NAV of the Units issued under the Scheme can go up or down depending on the factors and forces affecting the capital markets.

Scheme Classification and Investment Objective: Reliance Pharma Fund (An Open - ended Pharma Sector Scheme):The primary investment objective of the scheme is to seek to generate consistent returns by investing in equity and equity related securities or fixed income securities of Pharma and other associated companies.Reliance Diversified Power Sector Fund (An Open-ended Power Sector Scheme):The primary investment objective of the scheme is to seek to generate continuous returns by actively investing in equity and equity related or fixed income securities of Power and other associated companies.Reliance Media & Entertainment Fund (An Open - ended Media & Entertainment Sector Scheme):The primary investment objective of the scheme is to generate continuous returns by investing in equity and equity related or fixed income securities of Media & Entertainment and other associated companies.Reliance Banking Fund (An Open-ended Banking Sector Scheme):The primary investment objective of the scheme is to generate continuous returns by actively investing in equity and equity related or fixed income securities of Banks.Reliance Quant Plus Fund (An Open - ended Equity Scheme):The investment objective of the Scheme is to generate capital appreciation through investment in equity and equity related instruments. The Scheme will seek to generate capital appreciation by investing in an active portfolio of stocks selected from S & P CNX Nifty on the basis of a mathematical model.Reliance Equity Opportunities Fund (An Open-ended Diversified Equity Scheme):The primary investment objective of the scheme is to seek to generate capital appreciation & provide longterm growth opportunities by investing in a portfolio constituted of equity securities & equity related securities and the secondary objective is to generate consistent returns by investing in debt and money market securities.Reliance Vision Fund (An Open - ended Equity Growth Scheme):The primary investment objective of the scheme is to achieve long - term growth of capital by investment in equity and equity related securities through a research based investment approach.Reliance Growth Fund (An Open-ended Equity Growth Scheme):The primary investment objective of the scheme is to achieve long term growth of capital by investing in equity and equity related securities through a research based investment approach.Reliance Liquidity Fund (An Open-ended liquid scheme):The investment objective of the scheme is to generate optimal returns consistent with moderate levels of risk and high liquidity. Accordingly, investments shall predominantly be made in Debt and Money Market Instruments.Reliance Medium Term Fund (An Open-ended Income Scheme with no assured returns):The primary investment objective of the scheme is to generate regular income in order to make regular dividend payments to unit holders and the secondary objective is growth of capital.Reliance Monthly Income Plan (An Open-ended Fund-Monthly Income is not assured & is subject to the availability of distributable surplus):The primary investment objective of the scheme is to generate regular income in order to make regular dividend payments to unitholders and the secondary objective is growth of capital.Reliance Floating Rate Fund (An Open-ended Liquid Scheme):The primary investment objective of the scheme is to generate regular income through investment in a portfolio comprising substantially of Floating Rate Debt Securities (including floating rate securitised debt, Money Market Instruments and Fixed Rate Debt Instruments swapped for floating rate returns). The scheme shall also invest in Fixed Rate Debt Securities (including fixed rate securitised debt, Money Market Instruments and Fixed Rate Debt Instruments swapped for fixed returns).Reliance Liquid Fund – Treasury Plan (An Open ended Liquid Scheme):The investment objective of the Scheme is to generate optimal returns consistent with moderate levels of risk and high liquidity. Accordingly, investments shall predominantly be made in Debt and Money Market Instruments.Reliance Liquid Fund – Cash Plan (An Open ended Liquid Scheme):The investment objective of the Scheme is to generate optimal returns consistent with moderate levels of risk and high liquidity. Accordingly, investments shall predominantly be made in Debt and Money Market Instruments.Reliance Gilt Securities Fund (An Open - ended Govt. Securities Scheme):The primary investment objective of the scheme is to generate optimal credit risk - free returns by investing in a portfolio of securities issued and guaranteed by the Central Government and State Government.Reliance Income Fund (An Open - ended Income Scheme):The primary investment objective of the scheme is to generate optimal returns consistent with moderate level of risk. This income may be complemented by capital appreciation of the portfolio. Accordingly, investments shall predominantly be made in Debt & Money Market Instruments.Reliance Short Term Fund (An Openended Income Scheme):The primary investment objective of the scheme is to generate stable returns for investors with a short term investment horizon by investing in fixed income securities of a short term maturity.Reliance Regular Savings Fund (An open ended Scheme) Debt Option:The primary investment objective of this Option is to generate optimal returns consistent with moderate level of risk. This income may be complemented by capital appreciation of the portfolio. Accordingly investments shall predominantly be made in Debt & Money Market Instruments.Equity Option:The primary investment objective of this Option is to seek capital appreciation and / or to generate consistent returns by actively investing in equity / equity related securities.Balanced Option:The primary investment objective of this Option is to generate consistent return and appreciation of capital by investing in mix of securities comprising of Equity, Equity realated Instruments & Fixed income instruments.Reliance Equity Fund (An open-ended Diversified Equity Scheme):The primary investment objective of the scheme is to seek to generate capital appreciation & provide long-term growth opportunities by investing in a portfolio constituted of equity & equity related securities of top 100 companies by market capitalization & of companies which are available in the derivatives segment from time to time and the secondary objective is to generate consistent returns by investing in debt and money market securities.Reliance Long Term Equity Fund(A 36 months close ended diversified equity fund with an automatic conversion into an open ended scheme on expiry of 36 months from the date of allotment):The primary investment objective of the scheme is to seek to generate long term capital appreciation & provide long - term growth opportunities by investing in a portfolio constituted of equity & equity related securities and Derivatives and the secondary objective is to generate consistent returns by investing in debt and money market securities.Reliance Money Manager Fund (Open ended income scheme):The investment objective of the Scheme is to generate optimal returns consistent with moderate levels of risk and liquidity by investing in debt securities and money market securities.. Reliance Top 200 Fund (An Open Ended Diversified Equity Scheme): The primary investment objective of the scheme is to seek to generate long term capital appreciation by investing in equity and equity related instruments of companies whose market capitalization is within the range of highest & lowest market capitalization of BSE 200 Index. The secondary objective is to generate consistent returns by investing in debt and money market securities. Reliance Natural Resources Fund (An Open Ended Equity Scheme):The primary investment objective of the scheme is to seek to generate capital appreciation & provide long-term growth opportunities by investing in companies principally engaged in the discovery, development, production, or distribution of natural resources and the secondary objective is to generate consistent returns by investing in debt and money market securities.Reliance Infrastructure Fund (An open ended Equity Scheme):The primary investment objective of the scheme is to generate long term capital appreciation by investing predominantly in equity and equity related instruments of companies engaged in infrastructure and infrastructure related sectors and which are incorporated or have their area of primary activity, in India and the secondary objective is to generate consistent returns by investing in debt and money market securities.Reliance Dynamic Bond Fund (An open ended Income Scheme):The primary investment objective of the scheme is to generate optimal returns consistent with moderate levels of risks. This income may be complimented by capital appreciation of the portfolio. Accordingly, investments shall predominantly be made in debt and money market instruments.Reliance Index Fund - Sensex Plan (An Open Ended Index Linked Scheme) :The primary investment objective of the scheme is to replicate the composition of the Sensex, with a view to generate returns that are commensurate with the performance of the Sensex, subject to tracking errors.Reliance Index Fund - Nifty Plan (An Open Ended Index Linked Scheme) :The primary investment objective of the scheme is to replicate the composition of the Nifty, with a view to generate returns that are commensurate with the performance of the Nifty, subject to tracking errors.Reliance gold Savings fund:The investment objective of the Scheme is to seek to provide returns that closely correspond to returns provided by Reliance Gold Exchange Traded Fund (RGETF).Reliance Arbitrage Advantage Fund:The investment objective of the scheme is to generate income by taking advantage of the arbitrage opportunities that potentially exists between cash and derivative market and within the derivative segment along with investments in debt securities & money market instruments.Reliance Small Cap Fund:The primary investment objective of the scheme is to generate long term capital appreciation by investing predominantly in equity and equity related instruments of small cap companies and the secondary objective is to generate consistent returns by investing in debt and money market securities.

Reliance Liquid Fund - Treasury Plan, Reliance Liquid Fund - Cash Plan, Reliance Arbitrage Advantage Fund, Reliance Equity, Reliance Short Term Fund, Reliance Top 200 Fund, Reliance Floating Rate Fund - Short Term Plan, Reliance Equity Opportunities Fund, Reliance Income Fund, Reliance Growth Fund, Reliance Medium Term Fund, Reliance Index Fund - Sensex Plan, Reliance Index Fund - Nifty Plan, Reliance Regular Savings Fund - Debt Option, Reliance Infrastructure Fund, Reliance Liquidity Fund, Reliance Natural Resources Fund, Reliance Money Manager Fund, Reliance Regular Savings Fund - Balanced Option, Reliance Dynamic Bond Fund, Reliance Regular Savings Fund - Balanced Option, Reliance Dynamic Bond Fund, Reliance Regular Savings Fund - Equity Option, Reliance Gilt Securities Fund, Reliance Small Cap Fund, Reliance Monthly Income Fund, Reliance Vision Fund, Reliance Gold Savings Fund, Reliance Banking Fund, Reliance Diversified Power Sector Fund, Reliance Media & Entertainment Fund, Reliance Pharma Fund, Reliance Quant Plus Fund & Reliance Long Term Equity Fund are only the names of the Schemes and does not in any manner indicate either the quality of the Schemes; its future prospects or returns.Past performance of the Sponsor / AMC / Mutual Fund is not indicative of the future performance of the Scheme. The NAV of the Scheme may be affected, interalia, by changes in the market conditions, interest rates, trading volumes, settlement periods and transfer procedures. For details of scheme features apart from those mentioned above and for Scheme specific risk factors, please refer to the Scheme Information Document which is available at all the DISC / Distributors / www.reliancemutual.com.Please read the Scheme Information Document and Statement of Additional Information carefully before investing.

Sachin Kapoor
for
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