Reliance MF files offer document for
six series of its Reliance Dual Advantage Fixed Tenure Fund VII
Reliance Mutual Fund has filed a draft offer document with SEBI for its close ended hybrid scheme called Reliance Dual Advantage Fixed Tenure Fund VII (Plan A - Plan F).
The scheme aims to generate returns along with reducing the impact of interest rate volatility by investing in mixed portfolio of equity and fixed income securities.
The minimum application amount is Rs 5,000 & in multiples of Re. 1 thereafter. The benchmark of the scheme is CRISIL MIP Blended Fund Index. The fund will be co-managed by Krishan Daga and Anju Chajjer.
