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Reliance Short Term Fund ( An open ended income scheme) PRODUCT LABEL This product is suitable for investors who are seeking*: • Income over short term • Investments in debt and money market instruments with the scheme would have maximum weighted average duration between 0.75-2.75 years *Investors should consult their financial advisors if in doubt about whether the product is suitable for them. About Reliance Short Term Fund An open ended short tenor income fund with intention to capture opportunities at short to medium end of the curve typically up to 5 year duration. Current Investment Strategy: The fund Investments would predominantly be into corporate bonds, Gsecs and money market instruments. These investments would be restricted to 5 year duration to contain return volatility over a one year period. The fund manager while investing would place emphasis on good credit quality assets. Around 70-100 % invests would be made in upto 3 years assets and 0-30% between 3-5 year assets ,15-20 % tactical allocation may be made to Gsecs / SDLs based on absolute yield and spread views. The fund will allocate predominantly in the AAA PSU / Banking space thus allowing the portfolio manager higher flexibility in terms of changing average maturities and asset allocation. The fund would run moderate duration strategy, which would be maintained in the range of 0.75 Yrs to 2.75 years. Suitability For investors seeking accrual return with the potential for moderate capital gains. Downward curve shifts, steepness would aid higher returns. Protection in rising yields scenario due to roll down benefit and higher absolute yields. Ideal for Investors with moderate appetite for volatility and investment horizon of around 12 months to 18 months. Inception Date Fund Manager Minimum Application Amount Benchmark Monthend AUM as on 31.12.2015 Plans & Options Exit Load ** (** If charged, the same shall be credited to the scheme immediately net of service tax, if any) 23 December,2002 Prashant Pimple Rs. 5,000 & in multiples of Re.1 thereafter Crisil Short Term Bond Fund Index Rs 8766.94 Crs i) Growth Plan/Direct Plan - Growth Plan: (i) Growth Option ii) a) Dividend Plan/ Direct Plan - Dividend Plan - Dividend Option b) Dividend Plan/ Direct Plan - Dividend Plan with the frequency of Monthly, Quarterly) Both the above mentioned dividend plan/ Direct Plan - Dividend Plan offers Dividend Payout and Dividend Re-investment facility. 0.25% of the applicable NAV if redeemed or switched out on or before completion of 1 month from the date of allotment of units. Nil, if redeemed after 1 month from the date of allotment of units. W.e.f th 15 Dec 14 Rating Profile as on 31st Dec, 2015 The emphasis of the fund is to invest predominantly into high rated AAA and equivalent securities to ensure a healthy risk return ratio. st Scheme Attributes & Portfolio Breakup as on 31 Dec 2015 1 Weighted Average YTM 8.41% Weighted Average Maturity ( Yrs) 2.73 Yrs Modified Duration ( Yrs) 2.25 Yrs 1 The weighted average YTM displayed above is for the invested amount of the portfolio ( i.e. excluding other receivables) For the entire portfolio weighted average YTM , i.e. including other receivables is 8.06% Please note the above details are as on 31.12.2015 and the same may vary as per the market conditions Reliance Short Term Fund ( An open ended income scheme) Reliance Short Term Fund ( An open ended income scheme) Scheme specific Risk factor: Trading volumes and settlement periods may restrict liquidity in debt investments. Investment in Debt is subject to price, credit, and interest rate risk. The NAV of the Scheme may be affected, inter alia, by changes in the market conditions, interest rates, trading volumes, settlement periods and transfer procedures. The NAV may also be subjected to risk associated with investment in derivatives, foreign securities or script lending as may be permissible by the Scheme Information Document. Disclaimers: The information herein below is meant only for general reading purposes and the views being expressed only constitute opinions and therefore cannot be considered as guidelines, recommendations or as a professional guide for the readers. Before making any investments, the readers are advised to seek independent professional advice, verify the contents in order to arrive at an informed investment decision. None of the Sponsor, the Investment Manager, the Trustee, their respective directors, employees, affiliates or representatives shall be liable in any way for any direct, indirect, special, incidental, consequential, punitive or exemplary damages, including on account of lost profits arising from the information contained in this material. Mutual Fund investments are subject to market risks, read all scheme related documents carefully.