Reliance Mutual Fund has rolled out a close-ended income scheme, Moneylife Personal Finance reports. The Reliance Fixed Horizon Fund-XX-Series 11, which offers growth and dividend payout options, is benchmarked against the Crisil Short Term Bond Fund Index.
The scheme will invest up to 100% of assets in money market instruments, government securities and other fixed income/debt securities, adds India Infoline. Amit Tripathi will manage the scheme.
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