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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

1.ICICI Prudential Tax Plan

2.Reliance Tax Saver (ELSS) Fund

3.HDFC TaxSaver

4.DSP BlackRock Tax Saver Fund

5.Religare Tax Plan

6.Franklin India TaxShield

7.Canara Robeco Equity Tax Saver

8.IDFC Tax Advantage (ELSS) Fund

9.Axis Tax Saver Fund

10.BNP Paribas Long Term Equity Fund

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