The primary investment objective of the scheme is to generate returns and growth of capital by investing in a diversified portfolio of Central, State Government securities and other fixed income/ debt securities maturing on or before the date of maturity of the scheme with the objective of limiting interest rate volatility.
The fund seeks to collect a minimum subscription amount of Rs 20 crore under the scheme during the NFO period.
Allocation of funds:
Reliance Fixed Horizon Fund - XXII - Series 2 will allocate 40% to 100% of assets in Money Market Instruments with low risk profile. On the other side it would allocate upto 60% of assets in Government Securities issued by Central &/or State Government & other fixed income / debt securities including but not limited to corporate bonds with low to medium risk profile.
95% to 100% of net assets would be invested in AAA/A1+ rated certificate of deposits and upto 5% of net assets would be invested in any other instruments that would include investments in instruments such as CBLO / Reverse Repos (Repos not including repo in corporate bonds) / Government securities / T-Bills and short term deposits.
NFO Opens: April 4, 2012
NFO Closes: April 10, 2012
NFO Price: Rs 10 per unit
Benchmark: CRISIL Short Term Bond Fund Index.
Options: Growth and Dividend Payout
Minimum Application Amount: Rs 5000 and in multiples of Rs 1 thereafter.
Exit Load: NIL
Manager: Amit Tripathi.