Reliance Mutual Fund has decided to revise the name of Reliance Equity Opportunities Fund to Reliance Multi Cap Fund. The type of scheme would also be changed to Multi Cap Fund - An open-ended equity scheme investing across large cap, mid cap, small cap stocks instead of an open ended diversified equity scheme. It has also changed the name of Reliance Arbitrage Advantage Fund to Reliance Arbitrage Fund. The fund house has also changed the benchmark of Reliance Equity Opportunities Fund from S&P BSE 100 to S&P BSE 500 and the fund name will be changed to Reliance Multi Cap Fund. All the changes will become effective from Apr 28, 2018.