Reliance Mutual Fund unveils fixed maturity plan

Reliance Mutual Fund has come up with a fixed maturity plan —Fixed Horizon Fund - XIV - Series 9. As per the scheme information docu-ment, the primary investment objective is to generate regular returns and growth of capital by investing in central and state government se-curities and other fixed income or debt securities, normally maturing in line with the scheme’s maturity, with the objective of limiting in-terest rate volatility.

The close-ended scheme, which opened for sub-scription from April 7, 2010, will close on April 15, 2010. The mini-mum subscription amount for the scheme is Rs 5,000.