Reliance Mutual Fund AMC has launched a New Fund Offer (NFO) named as Reliance Fixed Horizon Fund – XIII – Series 7. This is a close ended debt scheme. The objective of the scheme is to generate regular returns and growth of capital by investing in a diversified portfolio of Central, State Government securities and other fixed income/ debt securities normally maturing in line with the time profile of the scheme with the objective of limiting interest rate volatility. Its a Fixed Maturity Plan opening for just 2 days.
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 - XVIll - Series 7|
|Scheme Category||Close Ended (Growth)|
|NFO Launch Date||22nd Mar 2011|
|NFO Closure Date||23rd 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+