Breaking News

You are here » Indian-Commodity  :  Mutual Funds  :  Reliance Mutual Fund introduces Fixed Horizon Fund XXXVIII-Series 12

09-Aug2018

Reliance Mutual Fund introduces Fixed Horizon Fund XXXVIII-Series 12

Reliance Mutual Fund has launched the Reliance Fixed Horizon Fund XXXVIII-Series 12, a close ended income scheme. The NFO opens for subscription on August 09, 2018 and closes on August 13, 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

Franklin Templeton Mutual Fund introduces Fixed Maturity Plans-Series 5-Plan B (1244 days)

Franklin Templeton Mutual Fund has launched the Franklin India Fixed Maturity Plans-Series 5-Plan B (1244 days), a close ended debt scheme. The NFO opens for subscription on November 19, 2018 and closes......

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......

Top News

View all news

Arrow Greentech's arm gets approval to manufacture mouth dissolving strips

Arrow Greentech's wholly owned subsidiary (WOS) company -- Avery Pharmaceuticals, also known as Arrow Rx has received an approval for site plan to manufacture mouth dissolving strips from Food &......

Essel Propack issuing commercial papers worth Rs 50 crore

Essel Propack is issuing Commercial Papers (CPs) for Rs 50 crore on private placement basis and will have date of maturity as March 13, 2019. The CPs for Rs 50 crore with date of maturity as December 13,......

Escorts, Kubota join hands for global leadership

Escorts and Kubota Corporation have joined hands for their global joint venture (JV) to manufacture high end technology tractors for domestic and export geographies. The JV will leverage leading Japanese......