Reliance Mutual Fund launches Reliance Fixed Horizon Fund XXXX Series 12
14 Jan,
2019
By: Eastern Fin Research Team#Mutual Fund
NFO period: 14th January - 28th January, 2019
Highlights of the NFO:
Scheme type - A Close Ended Income Scheme
Investment objective - The primary investment objective of the scheme is to seek to generate returns and growth of capital by investing in a diversified portfolio of the following securities maturing on or before the date of maturity of the scheme with the objective of limiting interest rate volatility - Central and State Government securities and other fixed income/ debt securities. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved.
Product suitability - The product is suitable for investors who are seeking returns and growth over medium term tenure of the fund limiting interest rate volatality by investing in debt, money market and G-sec instruments maturing on or before the date of maturity of the scheme.
Minimum Application Amount - First investment is Rs. 5,000/- and multiples of Rs. 1/- thereafter
Plan/ Options available - Direct Plan and Regular Plan having Growth Option and Dividend payout Option.
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