Fund Details
Reliance Fixed Horizon Fund XXXVII Series 8 Regular Growth
| Risk | Moderately Low |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.09% |
| NAV | ₹10.41 (03 Dec 2018) |
|---|---|
| Fund Started | 25 May 2018 |
| Fund Size | ₹65 Cr |
Comparison
1. Lower expense ratio - 0.09%
2. Exit load is zero
1. Asset under management(AUM) is less than 1000 Crs. Watch expense ratio when AUM is very low
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| 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% |
Fund Managers
Reliance Fixed Horizon Fund XXXVII Series 8 Regular Growth Details
Reliance Fixed Horizon Fund XXXVII Series 8 Regular Growth 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 Regular Growth fund.The fund currently has an Asset Under Management(AUM) of ₹65 Cr and the Latest NAV as of 03 Dec 2018 is ₹10.41.
The Reliance Fixed Horizon Fund XXXVII Series 8 Regular Growth is rated Moderately Low risk.
Investment Objective
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.
Tax Implications
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
