Reliance Mutual Fund has launched the New Fund Offer (NFO) of Reliance Fixed Horizon Fund - XXII - Series 12, a close ended income scheme.
The investment objective of the scheme is to generate returns and growth of capital by investing in a diversified portfolio of the following securities which are maturing on or before the date of maturity of the scheme with the object of limiting interest rate volatility - Central and State Government securities and other fixed income/ debt securities.
The NFO opens for subscription on June 11, 2012 and close on June 12, 2012. No entry load or exit load will be applicable for the scheme. The minimum subscription amount is Rs. 5,000 and multiples of Rs.1 thereafter.
The scheme’s performance will be benchmarked against CRISIL Short Term Bond Fund Index and its fund manager is Amit Tripathi.
Source: Accord Fintech
