Reliance MF Rolls Out New Fixed Horizon Fund

Reliance MF has rolled out a new fund called Reliance Fixed Horizon Fund -IV-Series 8. It is a close-ended income scheme with maturity period of 494 days 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 securitised debt. Debt securities will also include securitised debt, which may go up to 100% of the portfolio.