Reliance MF Dual Advantage Fixed Tenure Fund IX - Plan D, Close Ended Hybrid Scheme, 1292 Days - MYREALITY.In, Real Estate, Share Market, Mutual Fund, Insurance
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Tuesday, May 24, 2016

Reliance MF Dual Advantage Fixed Tenure Fund IX - Plan D, Close Ended Hybrid Scheme, 1292 Days


Reliance Mutual Fund has unveiled a new fund named as Reliance Dual Advantage 
Fixed Tenure Fund IX - Plan D, a close ended hybrid scheme with the duration of 1292 days from the date of allotment. T

he New Fund Offer (NFO) price for the scheme is Rs. 10 per unit. The new issue will be open for subscription from 20 May and close on 3 June 2016.

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.

The scheme offers two options viz. growth and dividend payout option.
The scheme will allocate 70% - 95% of assets in debt securities, invest upto 25% of assets in money market instruments with low to medium risk profile and 5% - 30% of assets in equities & equity related instruments (including options premium) with medium to high risk profile.

The minimum application amount is Rs. 5,000 


Entry & exit load charge will be nil for the scheme.

Benchmark Index for the scheme is a mix of 80% CRISIL Composite Bond Fund Index & 20% CNX Nifty Index.
The fund managers for the scheme are Sanjay H.Parekh and Anju Chajjer.



Reliance MF Dual Advantage Fixed Tenure Fund IX - Plan D, Close Ended Hybrid Scheme, 1292 Days Reviewed by S. Chitra on May 24, 2016 Rating: 5 Reliance Mutual Fund has unveiled a new fund named as Reliance Dual Advantage  Fixed Tenure Fund IX - Plan D, a close ended hybrid sche...

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