Breaking News

You are here » Indian-Commodity  :  Mutual Funds  :  Reliance Mutual Fund introduces Fixed Horizon Fund XXXV-Series 16

05-Jan2018

Reliance Mutual Fund introduces Fixed Horizon Fund XXXV-Series 16

Reliance Mutual Fund has launched the Reliance Fixed Horizon Fund XXXV-Series 16, a close ended income scheme. The NFO opens for subscription on January 05, 2018 and closes on January 19, 2018. No entry load and exit load will be applicable for the scheme. The minimum subscription amount is Rs 5,000 and in multiples of Re 1 thereafter.

The scheme's performance will be benchmarked against Crisil Composite Bond Fund Index and its fund manager is Amit Tripathi.

The investment objective of the scheme is 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 of Central and State Government securities and other fixed income/ debt securities.


Related News

View all news

Aditya Birla Sun Life Mutual Fund introduces Fixed Term Plan-Series QQ (1100 days)

Aditya Birla Sun Life Mutual Fund has launched the Aditya Birla Sun Life Fixed Term Plan-Series QQ (1100 days), a close ended income scheme. The NFO opens for subscription on August 20, 2018 and closes......

Franklin Templeton Mutual Fund introduces Fixed Maturity Plans-Series 4-Plan C (1098 days)

Franklin Templeton Mutual Fund has launched the Franklin India Fixed Maturity Plans-Series 4-Plan C (1098 days), a close ended income scheme. The NFO opens for subscription on August 20, 2018 and closes......

Reliance Mutual Fund introduces Fixed Horizon Fund XXXVIII-Series 14

Reliance Mutual Fund has launched the Reliance Fixed Horizon Fund XXXVIII-Series 14, a close ended income scheme. The NFO opens for subscription on August 20, 2018 and closes on August 23, 2018. No entry......

Top News

View all news

TCS iON enters into strategic business partnership with The Training Room

Tata Consultancy Services' (TCS) strategic business unit TCS iON has entered into a strategic business partnership with The Training Room, a leading UK provider of technical training courses and careers......

IGL plans to add 60 CNG stations, give 2 lakh connections in FY19

Indraprastha Gas (IGL) is planning to add a record 60 CNG dispensing stations and give piped cooking gas connections to at least 2 lakh households this fiscal as it steps up efforts to achieve the government's......

RCF to begin work on coal gasification based fertilizer plant at Talcher: Report

Rashtriya Chemicals and Fertilizers (RCF) will reportedly commence work on the coal gasification based fertilizer plant at Talcher in state of Odisha. The company has got approval for equity investment......