Reliance Fixed Horizon Fund XXIX Series

 

Reliance Fixed Horizon Fund XXIX Series 3, a close ended income scheme with a tenure of 1113 days offers the twin benefit of high yielding portfolio along with tax efficiency through indexation benefit vis a vis traditional investment avenues like Bank FD or RBI Tax Free Bonds.

Positioning of Reliance Fixed Horizon Fund - XXIX - Series 3

 

• Benefits of locking in at the current high levels in a scenario where there is an expectation of softening of interest rates

Details about the instruments are given below to give a brief prospect of the market, as on August 20, 2015

Instruments		2- 3 Years
Debentures / Bonds	AAA	8.10%-8.15%
	AA	9.00%-9.50%
	AA-	9.25%-10.00%
	A+	10.50%-11%

 

•  1113 days helps to seek indexation benefit thereby giving an edge over the traditional Bank FDs (which lack indexation benefit) 

Superior Post Tax Returns & Indexation Benefits

Taxable Income	Bank FD	3 years FMP
Tax Rate	30.9%	20.6%
Pre- Tax Returns*	9.00%	9.00%
Post- Tax Returns*	6.38%	8.40%

*Yields are assumed just for illustration

Scheme Features:

• NFO Closes on August 25, 2015

Best Tax Saver Mutual Funds or ELSS Mutual Funds for 2015

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10.BNP Paribas Long Term Equity Fund

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