Reliance Mutual Fund has launched the Reliance Fixed Horizon Fund XXIX-Series 5, a close ended income scheme.
The scheme’s performance will be benchmarked against Crisil Composite Bond Fund Index and its fund manager is Amit Tripath.
The investment objective of the scheme is to generate returns and growth of capital by investing in a diversified portfolio of the following securities maturing on or before the date of maturity of the scheme with the objective of limiting interest rate volatility of Central and State Government securities and other fixed income/ debt securities.
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