Name of Fund: Reliance Fixed Horizon Fund – XII with 21 series
Series under scheme with Tenure:
| Series | Duration |
| 6 (Series 1 to Series 6) | Between 12 to 15 months |
| 6 (Series 7 to Series 12 | Above 15 months to 18 months |
| 6 (Series 13 to Series 18) | Between 91 days - 98 days |
| 3(Series 19 to Series 21) | Between 30 days – 31 days |
Scheme: A close-ended income scheme
Objective: 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 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 Options: Each series will have three plans viz. retail, institutional and super institutional plan. Each plan under all the series will have growth and dividend payout option.
Asset Allocation: For series 1 – 12: The scheme invests upto 70% in money market instruments with low to medium risk profile. It will invest 30%-100% in government securities issued by central &/or State Govt. & other fixed income/ debt securities including but not limited to corporate bonds and securitised debt.
For series 13-21: The scheme will invest upto 85% in money market instrument. It will invest 15%-100% in government securities issued by central &/or State Govt. & other fixed income/ debt securities including but not limited to corporate bonds and securitised debt.
Debt securities will also include securitised debt, which may go to 100% of the portfolio. The average maturity of the securities will be in line with the maturity profile of the scheme.
NFO price: Rs 10 per unit
Load: For Series 1 – 12: The scheme will not charge any entry load. However, it will charge 2.00% of exit load if redeemed on or before completion of 6 months and 1.00% of exit load if redeemed between 6 months – 1 day till the maturity of the scheme. It will not charge any exit load for redemption on maturity.
For series 13-21: The scheme will not charge any entry load. However, it will charge 0.30% of exit load if redeemed on or before the maturity of the scheme. It will not charge any exit load for redemption on maturity.
Minimum Investment Amount: The minimum subscription amount under retail plan will be Rs 5,000 and multiples of Re 1 thereafter. Under institutional plan the minimum subscription amount will be Rs 25 lakh and in multiples of Re 1 thereafter. And the minimum subscription amount under super institutional plan is Rs 1 crore and in multiples of Re 1 thereafter.
Minimum Target amount: The Fund seeks to collect a minimum subscription amount of Rs 20 crore under each series during NFO.
Benchmark Index: For series 1 – 12: Crisil Short Term Bond Fund Index and for series 13 – 21: Crisil Liquid Fund Index.
Fund Managers: Amit Tripathi will manage the fund.
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