Is RMF the best Mutual Fund?
Reliance Mutual Fund has launched a new fund named as Reliance Fixed Horizon Fund - XIV - Series 10, a close ended income scheme. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The new issue is open for subscription from 6 May and closes on 7 May 2010.
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, 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.
The duration of the scheme is 24 months !


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