A Bucket of Debt Schemes by Reliance Mutual Fund

Reliance Mutual Fund is one of India’s most trusted mutual fund investment companies. It has launched a variety of schemes under various categories for its investors to invest in such as debt, equity, hybrid, etc. To know about the various debt schemes launched by Reliance Mutual Fund, read the following:

Reliance Floating Rate Fund - This scheme by Reliance Mutual Fund was formerly known as Reliance Floating Rate Fund - Short Term Plan. It is an open-ended scheme that predominantly invests in floating rate instruments. This fund is jointly managed by Mr. Vivek Sharma and Mr. Amit Tripathi and was launched on August 27th, 2004.

Reliance Low Duration Fund - This scheme was formerly known as Reliance Money Manager Fund. This scheme by Reliance Mutual Fund is an open-ended scheme that is of low duration with a maturity period ranging from six to twelve months.

Reliance Prime Debt Fund - This scheme was formerly known as Reliance Medium Term Fund and was launched on September 14th, 2000. This scheme is an open-ended scheme that mainly invests in AA+ and above rated corporate bonds.

Reliance Short Term Fund - This scheme is a short-term debt and an open-ended scheme that invests mainly in instruments so that the Macaulay duration of the portfolio lies between 1 to 3 years.

Reliance Credit Risk Fund - Erstwhile Reliance Regular Savings Fund - Debt Option. This scheme invests in securities that are AA and below rated corporate bonds.

Reliance Income Fund - It is an open-ended debt scheme that invests in instruments so that the maturity period of the portfolio is four to seven years. It was launched on January 1st, 1998 and is managed by Mr. Prashant Pimple.

Reliance Dynamic Bond Fund - It is an open-ended scheme that is dynamic in nature and invests across duration. This scheme was launched on 15th November 2004 and is managed by Mr. Prashant Pimple.

Reliance Gilt Securities Fund - It is a debt scheme that invests in government securities with different maturity periods. Its investment objective is to generate optimal returns that are credit-risk free by investing in a portfolio consisting of securities guaranteed and issued by Central and State Government.

Reliance Hybrid Bond Fund - Erstwhile Reliance Monthly Income Plan. The primary objective of this scheme is to invest predominantly in debt instruments to generate continuous income in order to provide a dividend to its investors on a regular basis and the secondary objective is to help its investors earn capital growth.

Reliance Money Market Fund - Formerly, this scheme by Reliance MF was known as Reliance Liquidity Fund. This scheme is an open-ended debt scheme that invests mainly in money market instruments.

Reliance Ultra Short Duration Fund - This scheme by Reliance Mutual Fund was formerly known as Reliance Liquid Fund - Cash Plan. It is an Ultra Short-Term Debt and an open-ended scheme that invests in debt and money market securities. The maturity period of its portfolio is from three to six months.

Reliance Classic Bond Fund - Erstwhile Reliance Corporate Bond Fund. This scheme invests in such securities so that its maturity period lies between three to four years. It is an open-ended and medium-term debt scheme.

Reliance Banking & PSU Debt Fund - It is an open-ended scheme that invests predominantly in debt instruments of Municipal Bonds, Public Financial Institutions, Banks, and Public Sector Undertakings. This fund is jointly managed by Ms. Anju Chhajer and Mr. Vivek Sharma.

To know more about these debt schemes by Reliance MF, an investor may visit its official website, and in case you need any clarification, consult a financial advisor before finalizing your investment decision.

Dishika is well-versed with the ups and downs of the financial market and has published articles on mutual fund and SIP. She is associated with MySIPonline.com, which is an AMFI registered mutual fund company.