Reliance Mutual Fund new issue closes on 29th March
Reliance Mutual Fund has launched Reliance Fixed Horizon Fund-XIX-Series 10, a close-ended income scheme.
The 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 maturing on or before the date of maturity of the scheme with the objective of limiting interest rate volatility. The tenor of the scheme is 370 days.
The new issue closes on 29th March. The minimum investment amount is Rs5,000.
Amit Tripathi is the fund manager. Crisil Short Term Bond Fund Index is the benchmark index.
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