NFO: Reliance Dual Advantage Fixed Tenure Fund-II-Plan A

| February 17, 2012 | 0 Comments

Reliance Mutual Fund has launched a close ended new fund (NFO) in the name as Reliance Dual Advantage Fixed Tenure Fund – II – Plan A of 3 year tenure. The objective of the  Scheme is to generate returns and reduce interest rate volatility, through a portfolio of fixed income securities under Debt Securities (35% – 95%), Money Market Instruments (0% – 60%) that are maturing on or before the maturity of the Scheme along with capital appreciation through equity exposure (5% – 20%).

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Scheme Details

  • New Fund Opens: 15-Feb-2012
  • New Fund Closes: 28-Feb-2012
  • Scheme Type: Close Ended
  • Scheme Tenure: 3 years
  • Scheme Category: Income
  • Entry Load: Nil
  • Exit Load: Nil
  • Offer Price: Rs. 10/- Per Unit
  • Minimum Amount: Rs 5,000 and in multiples of Re. 1 thereafter
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Category: Blog, Mutual Fund, NFO, NRI