Reliance Dual Advantage Fixed Tenure Fund – Plan B : NFO

by khalid on 10/10/2010 · 0 comments

Reliance Mutual Fund is the top mutual funds investment companies in India offers wide portfolio of the best mutual funds. The company has launched a New Fund Offer (NFO) named as Reliance Dual Advantage Fixed Tenure Fund – Plan B. This is a 3 years closed ended debt scheme. The objective of scheme is to generate returns and reduce interest rate volatility, through a portfolio of fixed income securities that are maturing on or before the maturity of the scheme along with capital appreciation through equity exposure. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit and one has to apply for minimum Rs 5000. The new issue (NFO) is open for subscription from 29th September and closes on 12th October 2010.

Presently, only groath option is available under the scheme.

The fund seeks to collect a minimum subscription amount of Rs 10 crore under the scheme during the NFO period. Sailesh Raj Bhan / Anju Chajjer are the Fund Managers of the plan.

Entry load : NIL
Exit load : NIL

Fund NameReliance Mutual Fund
Scheme Name Reliance Dual Advantage Fixed Tenure Fund – Plan B
Scheme CategoryClose Ended (Income)
NFO Launch Date29th Sep 2010
NFO Closure Date12th Oct 2010
NFO Price (Rs) 10
Min. Subscription Amount(Rs) 5000

For Further Details Please Visit Website : www.reliancemutual.com

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