Reliance MF Launches New Fixed Horizon Fund

Reliance MF launches Reliance Fixed Horizon Fund –V-3 Years Plan - Series I.It is a close-ended income scheme with maturity period of 3 Years from the date of allotment.The primary investment objective of the scheme is to seek to generate regular returns and growth of capital by investing in a diversified portfolio of central and state government securities and other fixed income/ debt securities normally maturing in line with the time profile of the series with the objective of limiting interest rate volatility The scheme will invest 0%-70% in money market instruments. The scheme will invest 30%-100% in government securities issued by central &/or state government & other fixed income/ debt securities including but not limited to corporate bonds and securitiesed debt. Debt securities will also include securitised debt, which may go up to 100% of the portfolio.