|Min SIP Amount||Not Supported|
|NAV||₹10.00 (03 Dec 2018)|
|Fund Started||25 May 2018|
|Fund Size||₹65 Cr|
|Triparty Repo||Current Assets||Money Market||83.5%|
|Axis Bank Ltd.||Financial Services||CD||11.8%|
|Shriram City Union Finance||Financial Services||CP||4.7%|
Reliance Fixed Horizon Fund XXXVII Series 8 Direct IDCW is a Debt Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 25 May 2018. Amit Tripathi is the Current Fund Manager of Reliance Fixed Horizon Fund XXXVII Series 8 Direct IDCW fund.The fund currently has an Asset Under Management(AUM) of ₹65 Cr and the Latest NAV as of 03 Dec 2018 is ₹10.00.
The Reliance Fixed Horizon Fund XXXVII Series 8 Direct IDCW is rated risk.
The scheme seeks to generate returns and growth of capital by investing in a diversified portfolio of Central and 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.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.