MUTUAL FUNDS
Reliance Mutual Fund introduces Interval Fund V-Series 1
Oct-17-2018

Reliance Mutual Fund has launched the Reliance Interval Fund V-Series 1, a debt oriented interval scheme. The NFO opens for subscription on October 17, 2018 and closes on October 19, 2018. No entry load and exit load will be applicable for the scheme. The minimum subscription amount is Rs 5,000 and in multiples of Re 1 thereafter.

The scheme’s performance will be benchmarked against Crisil Short Term Bond Fund Index and its fund manager is Amit Tripathi.

The investment objective of the scheme is to generate returns and growth of capital by investing in a diversified portfolio of the following securities which are maturing on or before the next specified transaction date of the scheme with the objective of limiting interest rate volatility of Central and State Government securities and other fixed income/ debt securities.
 

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