Answer
This is the meaning of various authentic Ahaadith.
Some mention that the recitor will enter Jannah and other narrations mention that he will be saved from the fire of hell. (refer al-Targheeb vol.2 pg.412-418; Majma-uz-zawaaid vol.7 pg.205)
and Allah Ta’ala Knows Best
Moulana Muhammad ibn Moulana Haroon Abassommar
FACULTY OF SPECIALTY IN HADITH
CHECKED AND APPROVED: Mufti Ebrahim Desai