Reliance MF introduces Dual Advantage Fixed Tenure Fund VII- Plan C

Reliance Mutual Fund has launched the New Fund Offer (NFO) of Reliance Dual Advantage Fixed Tenure Fund VII- Plan C, a close ended income scheme. The NFO opens for subscription on Jan 19, 2015 and closes on Jan 30, 2015.  No entry load or exit load will be applicable for the scheme. The minimum subscription amount is Rs 5000 and in multiples of Re 1 thereafter. The scheme’s performance will be benchmarked against Crisil MIP Blended Fund Index and its fund managers are Krishan Daga and Anju Chajjer. 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.