Reliance Nivesh Lakshya Fund- Direct Plan- Growth Option of Reliance Mutual Fund has asset class type as Income-Long-Term. Oro Wealth rating for the fund is 2.
Crisil Long Term Debt Index
Gilt - Long Term
Long Duration Fund
Prashant Pimple B.Com, Master in Management Studies from Jamnalal Bajaj Institute of Management Studies, CTM Prior to joining Reliance Mutual Fund, has worked with Fidelity MF as Portfolio manager from oct.27 - 28,has also worked with ICICI Bank as a Portfolio manager, from Feb 22 - Jan 23,he has worked with Bank of Bahrain & Kuwait as a Fixed Income & Money Market Dealer, from April 2 - Jan 22,he has worked With Saraswat Co-op Bank Ltd.as a fixed Income & Money Market Dealer, From May 1999 - Aril 2, he has worked with SIDBI as a Manager of Project Finance Division.
The primary investment objective of the scheme is to generate optimal returns consistent with moderate levels of risk. This income may be complemented by capital appreciation of the portfolio. Accordingly, investments shall predominantly be made in Debt & Money Market Instruments