Reliance Fixed Horizon Fund XXVIII Series 14

Reliance Fixed Horizon Fund XXVIII Series 14, a close ended income scheme with a tenure of 1123 days offers the twin benefit of high yielding portfolio along with tax efficiency through Four indexation benefit vis a vis traditional investment avenues like Bank FD or RBI Tax Free Bonds.

Positioning of Reliance Fixed Horizon Fund - XXVIII - Series 14

 

• 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 March 16, 2015

Instruments		2- 3 Years
Debentures / Bonds	AAA	8.30%-8.40%
	AA	9.25%-9.50%
	AA-	9.60%-9.80%
	A+	10.30%-10.60%
	A-	11%-12%

 

• 1123 days helps to seek four 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	Four Indexation FMP
Tax Rate	30.9%	20.6%
Pre- Tax Returns*	8.75%	9.25%
Post- Tax Returns*	6.20%	9.01%

 

Scheme Features:

• NFO Opens on March 20, 2015
• NFO Closes on March 26, 2015

 

Best Tax Saver Mutual Funds or ELSS Mutual Funds for 2015

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