Reliance Mutual Fund has launched a New Fund Offer (NFO) named as Reliance Fixed Horizon Fund – XIX – Series 7. This is a close ended income scheme. The objective of the scheme is to seek to generate regular returns and growth of capital by investing in a diversified portfolio of Central and State Government securities and Other fixed income/ debt securities maturing on or before the date of maturity of the scheme with the objective of limiting interest rate volatility.
Entry load charge will not be applicable for the scheme. Exit load too is nill.
Mr. Amit Tripathi is the Fund Manager of the plan.
|Fund Name||Reliance Mutual Fund|
|Scheme Name||Reliance Fixed Horizon Fund - XIX - Series 7|
|Scheme Category||Close Ended (Income)|
|NFO Launch Date||1st Mar 2011|
|NFO Closure Date||8th Mar 2011|
|NFO Price||(Rs) 10|
|Min. Subscription Amount||(Rs) 5000 and in multiples of Rs 1 thereafter.|
For Further Details Please Visit Website : www.reliancemutual.com Google+