Reliance MF Launches Fixed Horizon Fund -XI-Series 2 - Nov 26, 2008

Reliance MF launches Fixed Horizon Fund -XI-Series 2, NFO period from 25 November - 26 November 2008, Name of Fund: Reliance Fixed Horizon Fund- XI-Series 2, Scheme: A close-ended income scheme.NFO Opens: 25 November 2008, NFO closes: 26 November 2008, New Issue price: Rs 10 per unit,Duration: 91 days from the date of allotment.

Investment Objective: The primary investment objective of the scheme is 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.

Investment Options: Presently there are three plans available under each series of the scheme i.e. Retail, Institutional and Super institutional plan with growth and dividend option. The dividend option offers only dividend payout facility.

Asset Allocation: The fund will invest up to 85% in money market instruments. The scheme will invest 15%-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. The scheme may invest upto 100% in the debt securities.