Important dates for the two FMPs are:
Reliance Fixed Horizon Fund - XXI - Series 2: The NFO opens on December 19, 2011 and closes on December 26, 2011. The scheme has a duration of 369 days.

Reliance Fixed Horizon Fund - XXI - Series 21: The NFO opens on December 19, 2011 and closes on December 21, 2011. The scheme has a duration of 474 days.

Investment objective:
The primary investment objective of the scheme is 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 maturing on or before the date of maturity of the scheme with the objective of limiting interest rate volatility.

The fund seeks to collect a minimum subscription (minimum target) amount of Rs 20 crore under each scheme during the NFO period.

Allocation of Funds

Reliance Fixed Horizon Fund - XXI - Series 2
This fund will allocate upto 100% of assets in Money Market Instruments, Government Securities issued by Central &/or State Government & other fixed income / debt securities including but not limited to corporate bonds with low to medium risk profile.

Reliance Fixed Horizon Fund - XXI - Series 21
This fund will allocate upto 40% of assets in money market instruments with low to medium risk profile. On the flipside, it would allocate 60% to 100% of assets in Government Securities issued by Central &/or State Government & other fixed income / debt securities including but not limited to corporate bonds with low to medium risk profile.

Other information:
The minimum application amount is Rs 5000 and in multiples of Rs 1 thereafter.
Options: Dividend Payout and Growth option
Exit Load: Nil
Benchmark: Crisil Short Term Bond Fund Index
Fund Manager: Mr. Amit Tripathi.

GoodReturns.in