Wednesday, March 19, 2008

Reliance MF Launches New Fixed Horizon Fund Series

Reliance MF unveiled Reliance Fixed Horizon Fund -VII-Series 4. It is a close-ended income scheme. Duration of the scheme is 386 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.

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