Reliance MF Unleashes New FMP

Reliance MF has rolled out a scheme called Reliance Fixed Horizon Fund - IV - Series 7. It is a close ended income scheme with duration of 513 days from the date of allotment. The investment objective of the scheme is to seek regular returns and growth of capital by investing in a diversified portfolio of State and Central government securities and other fixed income/debt securities normally maturing in line with the time profile of the plan with objective of limiting the 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.