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 scheme offers two options viz. growth and dividend payout option.
Allocation of Funds:
Reliance Fixed Horizon Fund - XXII - Series 13 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 & debt instruments 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 CBLO / Reverse Repos (Repos not including repo in corporate bonds) / Government securities / T-Bills.
The fund seeks to collect a minimum subscription (minimum target) amount of Rs 20 crore under the scheme during the NFO period.
Entry and exit load charge will be nil for the scheme.
NFO Opens: June 26, 2012
NFO Closes: July 5, 2012
NFO: Rs 10 per unit
Benchmark: CRISIL Short Term Bond Fund Index.
Minimum Application Amount: Rs 5000 and in multiples of Rs 1 thereafter.
Manager: Mr. Amit Tripathi.