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Reliance Fixed Horizon Fund - IX - Series 6

Scheme Name
Reliance Fixed Horizon Fund - IX - Series 6

Objective of Scheme
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

Scheme Type
Close Ended

Scheme Category
Income

New Fund Launch Date
1-Sep-2008

New Fund Earliest Closure Date
9-Sep-2008

New Fund Offer Closure Date
9-Sep-2008

Indicate Load Separately
Entry Load - Nil Exit Load - 2.00% of the applicable NAV if redeemed on or before completion of 12 months,1.00% of the applicable NAV if redeemed between 12 months-1 day & before completion of 15 months,0.25% of the applicable NAV if redeemed between 15 months-1 day & before the maturity of the scheme

Offer Price (Rs.)
Rs.10/- per unit.

Add commentSeptember 1st, 2008

Marginal downside opening following Friday bull run

Monday, September 01, 2008 10:31:37 AM IST

The friday bullrun has put a small break as the markets opened this morning marginally in the red. Nifty is at 4319 down 0.94% while Sensex is at 14412 down 0.95%. Consumer Durables, Oil & Gas, IT and Health Care are in the green while Banks, Power and PSU are in the red.

The CNX IT is up 0.22% as INR is picking up over USD. Bank Nifty is down 1.87%. Top Nifty gainers so far include Dr. Reddy, Hero Honda, HCL Tech (all up over 1%), Cairn, Reliance, Hindalco, Satyam, Sun Pharma, RPL and ACC (marginally in the green)

On the downside are Tata Communications, Tata Motors, BPCL, HDFC, Bharti Aritel, ICICI Bank and Maruti (all down over 2%). Ranbaxy, SBI and NTPC are down over 1.8%

1 U.S. dollar = 43.7407 Indian Rupees
1 U.S. dollar = 108.2368 Japanese Yens
1 U.S. dollar = 0.6838 Euros
1 Ounce Gold = $830.60
1 Barrel Crude Oil = $116.38

Add commentSeptember 1st, 2008