Thursday, July 10, 2008

Reliance MF launches Fixed Horizon Fund - IX- Series 2 - July 10, 2008

Reliance MF has unleashed Reliance Fixed Horizon Fund - IX- Series 2 and it is a close-ended income scheme. The maturity of the scheme is 15 months from the date of allotment. The investment objective of 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 scheme with the objective of limiting interest rate volatility. The scheme will have a retail and institutional plan and each plan will have a growth and dividend option. Dividend option further offers dividend payout facility.

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