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As On 20-Jul-2018
SENSEX
36,496.37
145.14 (0.40%)
NIFTY
11,010.20
53.10 (0.48%)
EQUITY
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  • Reliance Fixed Horizon Fund – XXXV – Series 13 Floats On

    NFO period is from 01 January to 03 January 2018

    Reliance Mutual Fund has launched a new fund named as Reliance Fixed Horizon Fund – XXXV – Series 13, a close-ended income scheme with the duration of 1221 days from the date of allotment. During the New Fund Offer (NFO), the scheme will offer units at Rs 10 per unit. The new issue is open for subscription from 01 January and closes subscription on 03 January 2018.

    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 growth and dividend payout option under both regular plan and direct plan.

    The scheme will allocate up to 10% of its assets in money market instruments with low risk profile and invest 90%-100% of its assets in government securities / State Development Loans (SDLs) & Debt Instruments with low to medium risk profile.

    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 Composite Bond Fund Index.

    The fund manager of the scheme will be Amit Tripathi.

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Flash News 20-Jul-2018
  •  ( 17:46) Most Asian shares settle higher  
  •  ( 17:45) Nifty settles above 11,000 mark  
  •  ( 15:02) Bajaj Auto consolidated PAT up 24.4% to Rs 1041.77 crore  
  •  ( 12:56) L&T Heavy Engineering wins orders valued Rs 1600 crore  
  •  ( 11:52) Reliance Industries scales record high  
  •  ( 11:17) Gayatri Projects bags two orders worth Rs 2759 crore  
  •  ( 10:45) Jain Irrigation bags irrigation project  
  •  ( 10:16) Bajaj Finserv scales record high after robust Q1 result  
  •  ( 09:45) Bajaj Finserv Q1 cons net profit up 49.38% to Rs 1328.52 cr  
  •  ( 08:35) Alembic Pharma gets EIR for API facility at Karakhadi  
Show News
20 July 2018 00:00
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