Reliance Mutual Fund update!

[ullasr]

Reliance Mutual Fund has launched a new fund named as Reliance Fixed
Horizon Fund - XV - Series 4, a close ended income scheme. The New Fund
Offer (NFO) price for the scheme is Rs 10 per unit. The new issue is open
for subscription from 26 April and closes on 27 April 2010.

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, 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.

The duration of the scheme is 371 days from the date of allotment.
The scheme offers two options viz. growth and dividend payout option.

The scheme will allocate up-to 70% of assets in money market instruments
and it would allocate 30% to 100% of assets in Government Securities
issued by Central & or State Government & other fixed income/ debt
securities including but not limited to Corporate bonds and securitized
debt with low to medium risk profile. Debt Securities will also include
securitised debt, which may go up to 75% of the portfolio. Average
maturity of the securities will be in line with the maturity profile of
the scheme.

The minimum application amount is Rs 5000 and in multiples of Re 1
thereafter.

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.

Benchmark Index for the scheme is CRISIL Short Term Bond Fund Index.
The fund manager of the scheme will be Amit Tripathi.

 

[nikrod]

Reliance Mutual Fund has launched a new fund named as Reliance Fixed
Horizon Fund - XV - Series 4, a close ended income scheme. The New Fund
Offer (NFO) price for the scheme is Rs 10 per unit. The new issue is open
for subscription from 26 April and closes on 27 April 2010.

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, 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.

The duration of the scheme is 371 days from the date of allotment.
The scheme offers two options viz. growth and dividend payout option.

The scheme will allocate up-to 70% of assets in money market instruments
and it would allocate 30% to 100% of assets in Government Securities
issued by Central & or State Government & other fixed income/ debt
securities including but not limited to Corporate bonds and securitized
debt with low to medium risk profile. Debt Securities will also include
securitised debt, which may go up to 75% of the portfolio. Average
maturity of the securities will be in line with the maturity profile of
the scheme.

The minimum application amount is Rs 5000 and in multiples of Re 1
thereafter.

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.

Benchmark Index for the scheme is CRISIL Short Term Bond Fund Index.
The fund manager of the scheme will be Amit Tripathi.

No Advertisements on Forums Please. Mods request your kind attention.

 

[pankaj joshi]

No Advertisements on Forums Please. Mods request your kind attention.

Are you a Reliance Mutual Fund Basher?all your previous posts suggest so!:thumb:

 

[nikrod]

Are you a Reliance Mutual Fund Basher?all your previous posts suggest so!:thumb:

Oh not at all. I am invested in a reliance fund myself. Just thought that above post was an ad rather than an info.

Would like to know which post suggest me as Reliance basher though.

 

[pankaj joshi]

Oh not at all. I am invested in a reliance fund myself. Just thought that above post was an ad rather than an info.

Would like to know which post suggest me as Reliance basher though.

Thats exactly my point Nikrod!
i saw your previous posts and even i could say that you are doing a great job of advertising here.but i did not.

i fell the whole point of starting a new thread is to give updates about something and compare them with others ..either good or bad...and have each and every user have a free fair say about what he feels...that the whole point of a forum.
the thread starter initially posted a big reading as he wanted to attract members attention when starting a new thread..and later on just build on it!

If the moderator felt something fishy he would remove it and ban him...you dont have to worry on it much!

So fell free to express your views here and let others express the way they feel like.Leave the Mods job to the big daddies...have fun!

 

[nikrod]

Thats exactly my point Nikrod!
i saw your previous posts and even i could say that you are doing a great job of advertising here.but i did not.

Hey I would take offence at that comment. Please quote any of my previous posts that looked like an advertisement. I would surely like to review it again.

And as for this thread when all the AMC's are launching 2-3 FMP's every week the thread starter has chosen one to advertise. If users of this forum start creating a new thread every time there is an NFO, the forum would soon be full with rubbish & it would not help any individual looking for genuine advice.

On the other hand if the thread starter or any other user starts inquiring about the nature of the Reliance FMP above, the fund manager past & rationality of investment then it would be a perfect thread. I did not see such an intention and hence raised it.

 

[praveen taneja]

Are you a Reliance Mutual Fund Basher?all your previous posts suggest so!

:rofl::rofl::rofl::rofl: it was in my mind too

 

[nikrod]

it was in my mind too

Hey if everyone starts saying that, I will be forced to accept it eventually.

But really I am not. :lol::lol:

 

[ullasr]

Hey I would take offence at that comment. Please quote any of my previous posts that looked like an advertisement. I would surely like to review it again.

And as for this thread when all the AMC's are launching 2-3 FMP's every week the thread starter has chosen one to advertise. If users of this forum start creating a new thread every time there is an NFO, the forum would soon be full with rubbish & it would not help any individual looking for genuine advice.

On the other hand if the thread starter or any other user starts inquiring about the nature of the Reliance FMP above, the fund manager past & rationality of investment then it would be a perfect thread. I did not see such an intention and hence raised it.

you have your parameters and i have mine.anyways you are no one to decide whats an ad here...or there..or anywhere..leave it to the person who has that skill ....not you...nad nice joke about you not advertising..i am sure all people believe this ..except for you of course!

 

[nikrod]

you have your parameters and i have mine.anyways you are no one to decide whats an ad here...or there..or anywhere..leave it to the person who has that skill ....not you...nad nice joke about you not advertising..i am sure all people believe this ..except for you of course!

Dear ullasr, I must totally respect your and other users views. mine are just little different. Anyways this thread must not go on like this. Lets discuss investments and not our personal feuds here!!!