Reliance Mutual Fund launches R*Shares Long Term Gilt ETF

Mutual Fund
Jun 27, 2016 by Advisorkhoj Team | Mutual Fund | 17 Downloaded

NFO period: 27th June – 01st July, 2016

Highlights of the NFO:

  • Scheme type – An Open Ended Index Exchange Traded Fund

  • Investment objective – The investment objective of the scheme is to provide investment returns closely corresponding to the total returns of the securities as represented by the Nifty 8-13 yr G-Sec Index before expenses, subject to tracking errors. However, there can be no assurance or guarantee that the investment objective of the Scheme will be achieved.

  • Product suitability – The product is suitable for investors who are seeking income over long term by investing in Gilt Securities replicating the composition of Nifty 8-13 yr G-Sec Index, subject to tracking errors.

  • Minimum Application Amount – First investment is Rs. 5,000/- and in multiples of Rs. 1/- thereafter

  • Plan/ Options available – The scheme currently does not offer any plans or options. However, The Trustees reserve the right to introduce/ alter/ extinguish any of the option at a later date.

  • Fund Managers – Mr. Prashant Pimple

  • Benchmark – NIFTY 8-13 yr G-Sec Index

( Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)

Locate Reliance Mutual Fund Advisors in your city