18 Jan 2019 | 12:08 PM

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COMPANYNEWS
Reliance Fixed Horizon Fund XXXX - Series 13 floats on
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Published on 01-10-2019
Reliance Mutual Fund has launched a new Closed Ended Growth scheme named Reliance Fixed Horizon Fund XXXX - Series 13 with maturity period of 1191 days from the launch date.


The New Fund Offer (NFO) price for the scheme is Rs 10.00 per unit which will open for subscription from Jan 21 to Jan 23 2019.


According to the offer document filed with SEBI the entry and exit load is Nil.


The minimum application amount is Rs 5000.00 and in multiples of Rs 1 thereafter. The options available under the plan of the scheme are Dividend Growth.


The fund manager of the scheme will be Amit Tripathi while the performance of the scheme will be benchmarked against CRISIL Composite Bond Fund Index.


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.