Reliance mutual fund has revised the exit load structure for Reliance Fixed Horizon Fund - VIII - Series 7. Accordingly, the exit load under the Reliance Fixed Horizon Fund Scheme will be 1.00 % of applicable NAV if the investment is redeemed before completion of 91 days and no exit load will charge thereafter. Before the revision, the scheme was charging 1% an exit load for redemption before 6 months.
Reliance Fixed Horizon Fund - VIII - Series 7 is a close -ended income scheme. The primary investment objective of the scheme is to seek to generate regular returns and growth of capital by investing in a diversified portfolio of central and state government securities and other fixed income or debt securities normally maturing in line with the time profile of the scheme with the objective of limiting interest rate volatility.
Powered byCapital Market - Live News