Reliance Mutual Fund has launched Reliance Fixed Horizon Fund - X - Series 4. It is the close-ended income scheme. The new issue will open for subscription only on 23 September 2008. The NFO price for the fund is Rs 10 per unit. 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 scheme with the objective of limiting interest rate volatility. Reliance Fixed Horizon Fund - X - Series 4 will have retail, institutional and super institutional plan and each plan will have a growth and dividend option
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