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Reliance Mutual Fund new issue closes on 23rd March
Reliance Mutual Fund has launched Reliance Dual Advantage Fixed Tenure Fund-I-Plan I, a close-ended income scheme.
The scheme seeks to generate returns and reduce interest rate volatility, through a portfolio of fixed income securities that are maturing on or before the maturity of the scheme along with capital appreciation through equity exposure.
The new issue closes on 23rd March. The minimum investment amount is Rs5,000.
CRISIL MIP Blended Fund Index is the benchmark index. Shailesh Raj Bhan and Anju Chajjer are the fund managers.