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Reliance Mutual Fund has launched the NFO of Reliance Dual Advantage Fixed Tenure Fund II - Plan D, a close ended income scheme.
The NFO opens for subscription on June 15, 2012 and closes on June 29, 2012. No entry load or exit load will be applicable for the scheme. The minimum subscription amount is Rs. 5,000 per option and multiples of Rs. 1.
The scheme’s performance will be benchmarked against CRISIL MIP Blended Fund Index and its fund managers are Krishan Daga and Anju Chajjer.
The investment objective of the scheme is 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.
Source: Accord Fintech