"Financial planning and saving for long term is a process, which involves defining one’s long term financial goals clearly and then allocation of the savings appropriately into different investment instruments and asset classes which helps the individual earn the required rate of return to meet his individual financial goals in long term"
This implies that each and every penny of an investor's saving for long term is precious and hence, in a market scenario like the current one wherein alongwith the country's growth, inflation is also moving northwards, the need for investing in a product which attempts to balance both risk - returns parameters of an investment is of paramount significance.
Reliance Dual Advantage Fixed Tenure Fund Plan A is a closed ended income scheme which intends to invest 80% - 95% of its assets in Debt Securities & Money Market Instruments and 5% - 20% in Equity & Equity Linked Instruments. The fund intends to provide the fixed income oriented, long term investor, the dual advantage of stability in investments along with the added advantage of earning returns relatively higher than a typical fixed investment.
NFO Opening Date: 4th May 2010
NFO Closing Date: 17th May 2010
In view of the above, pls find attached the product note, KIM and Brokerage of Reliance Dual Advantage Fixed Tenure Fund Plan A.
Thanks,
Nimesh.
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