Name of Fund: Reliance Fixed Horizon Fund –VII-Series 4
Scheme: It is a close-ended income scheme. Duration of the scheme is 386 days from the date of allotment.
Objective: 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.
Fund Opens: 17 March 2008
Fund Closes: 18 March 2008
Face Value: Rs 10 per unit.
Investment Options: The scheme will have a retail plan and institutional plan and each plan will have a growth option and dividend payout option.
Asset allocation: The scheme will invest 0%-70% in money market instruments. The scheme will invest 30%-100% in government securities issued by central and/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. The total debt derivative exposure would be restricted to 50% of the net assets of the scheme. The fund shall not invest in equity derivatives.
Entry Load: Being a close end scheme it will not charge any entry load during the initial offer.
Exit Load: The scheme charges an exit load of 2.00% if redeemed on or before completion of 6 months and 1.00% if redeemed between 6 months-1 day and maturity of the scheme.
Minimum Investment Amount: The minimum investment amount under regular plan is Rs 5,000 and in multiples of Re 1 thereafter. Under institutional plan, the minimum investment amount is Rs 1 crore and in multiples of Re 1 thereafter.
Minimum corpus amount: Rs 20 crore
Benchmark Index: CRISIL Composite Bond Fund Index
Fund manager: Mr Amit Tripathi
Scheme: It is a close-ended income scheme. Duration of the scheme is 386 days from the date of allotment.
Objective: 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.
Fund Opens: 17 March 2008
Fund Closes: 18 March 2008
Face Value: Rs 10 per unit.
Investment Options: The scheme will have a retail plan and institutional plan and each plan will have a growth option and dividend payout option.
Asset allocation: The scheme will invest 0%-70% in money market instruments. The scheme will invest 30%-100% in government securities issued by central and/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. The total debt derivative exposure would be restricted to 50% of the net assets of the scheme. The fund shall not invest in equity derivatives.
Entry Load: Being a close end scheme it will not charge any entry load during the initial offer.
Exit Load: The scheme charges an exit load of 2.00% if redeemed on or before completion of 6 months and 1.00% if redeemed between 6 months-1 day and maturity of the scheme.
Minimum Investment Amount: The minimum investment amount under regular plan is Rs 5,000 and in multiples of Re 1 thereafter. Under institutional plan, the minimum investment amount is Rs 1 crore and in multiples of Re 1 thereafter.
Minimum corpus amount: Rs 20 crore
Benchmark Index: CRISIL Composite Bond Fund Index
Fund manager: Mr Amit Tripathi
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