Name of Fund: Reliance Fixed Horizon Fund VIII - Series 6Scheme: It is a close-ended income scheme.
Objective: The investment objective of 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/ debt securities normally maturing in line with the time profile of the scheme with the objective of limiting interest rate volatility.
Investment Option: The scheme will have a retail and institutional plan and each plan will have a growth and dividend option.
Fund Opens: 19 June 2008
Fund Closes: 20 June 2008
Face Value: Rs 10 per unit.
Entry Load: The schemes does not levy entry load, as it is close-ended nature.
Exit load: The scheme charges an exit load of 2.00% of applicable NAV if investment is redeemed on or before completion of 6 months, 1.00% of the applicable NAV if redeemed between 6 months-1 day and maturity of the scheme.
Minimum Investment Amount: The minimum investment amount under retail plan is Rs 5,000 and in multiples of Re 1 thereafter. For institutional plan, the minimum investment amount is Rs 1 crore and in multiples of Re. 1 thereafter.
Fund Manager: Mr. Amit Tripathi
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