Reliance Mutual Fund launches Reliance Dual Advantage Fixed Tenure Fund IX Plan A

Mutual Fund
Feb 17, 2016 by Advisorkhoj Team | Mutual Fund | 7 Downloaded

NFO period: 16th February – 01st March 2016

Highlights of the NFO:

  • Scheme type – A Close ended Hybrid scheme

  • Investment objective – The Scheme seeks 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. 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 returns and growth over long term tenure of the fund limiting interest rate volatility by investing in debt, money market and G-sec instruments maturing on or before the date of maturity of the scheme.

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

  • Plan/ Options available – Regular Plan and Direct Plan having Growth Option and Dividend Payout Option.

  • Fund Managers – Mr. Sanjay H. Parekh and Anju Chajjer

  • Benchmark – 80% Crisil Composite Bond Fund Index & 20% CNX Nifty Index

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

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