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Reliance MF, Allahabad Bank pact

Our Bureau

Mumbai, June 16

Reliance Mutual Fund has tied up with Allahabad Bank for selling its entire range of mutual fund products. Through the alliance, Reliance Mutual Fund will sell 28 schemes - comprising 13 equity oriented schemes and 15 debt oriented schemes - through Allahabad Bank's sales network of 2,098 branches spread across the country. The bank will deploy a sales team of 130 trained personnel for selling mutual fund products.

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