Reliance MF files offer document for Dual Advantage Fixed Tenure Fund VI (Plan A - Plan F)

Reliance Mutual Fund has filed offer document with SEBI to launch a close ended hybrid scheme named as “Reliance Dual Advantage Fixed Tenure Fund VI (Plan A - Plan F)”. The New Fund Offer price is Rs 10 per unit. Entry and exit load charges will be nil for the scheme. The Minimum Target Amount of the scheme is Rs 20 crore. The scheme will be benchmarked against Crisil MIP Blended Fund Index. The minimum application amount is Rs.5000 and in multiples of Rs.10 thereafter. The investment objective of the scheme is 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.