Reliance ETF Consumption is an open-ended Index Exchange Traded Fund offered by Reliance Mutual Fund. The scheme is a good investment option for those who want capital appreciation in the long term. It is a high-risk product with the potential to generate high returns.
Investment Objective of Reliance ETF Consumption
The investment objective of Reliance ETF Consumption is to offer investment returns commensurate with the overall returns offered by the instruments in the Nifty India Consumption Index.
Key Features of Reliance ETF Consumption
Here are some of the key features of Reliance ETF Consumption:
Type of Fund |
Open-ended index exchange traded fund |
Plans Available |
N/A |
Options Under Each Plan |
N/A |
Systematic Investment Plan |
Not Available |
Systematic Transfer Plan |
Not Available |
Systematic Withdrawal Plan |
Not Available |
Investment Amount for Reliance ETF Consumption
Minimum Application Amount |
Rs.5,000 during NFO and in multiples of Re.1 thereafter |
Minimum Additional Investment |
N/A |
Minimum Instalment for Systematic Investment Plans |
N/A |
Minimum Instalment for Systematic Withdrawal Plan |
N/A |
Entry Load |
N/A |
Exit Load |
Nil |
Asset Allocation for Reliance ETF Consumption
Instruments |
Allocations (Percentage of total assets) |
Risk Profile |
Securities constituting Nifty India Consumption Index |
95% to 100% |
Medium to High |
Money market instruments whose maturity period is 91 days or less including CBLOs and liquid schemes of mutual funds |
0% to 5% |
Low to medium |
Who can Invest in Reliance ETF Consumption?
The following entities can make investments in Reliance ETF Consumption:
- Indian residents who are 18 years of age and above
- Legal guardians or parents on behalf of minors
- Hindu Undivided Families through their Kartas
- Persons of Indian Origin (PIOs) and Non-Resident Indians (NRIs)
- Partnership firms
- Industrial and scientific research organisations
- Companies, Public Sector Undertakings, corporate bodies, societies, and trusts
- Banks (inclusive of regional rural banks as well as co-operative banks) and financial institutions incorporated in the country
- Special Purpose Vehicles that have approval from the appropriate authority
- Navy, Air Force, Army and other paramilitary units
- Religious, Charitable or other trusts and registered societies
- International Multilateral Agencies that have the approval of the Indian Government
- Qualified Foreign Investors (QFIs)
- Foreign Portfolio Investors (FPIs) subject to the directions and regulations prescribed by the Securities and Exchange Board of India
- Foreign Institutional Investors (FIIs) registered with the Securities and Exchange Board of India
- Unincorporated body of persons (subject to acceptance by Reliance Capital Trustee Co. Limited)
- Sponsor, trustee or Asset Management Company or their associates
- Any other institutions or individuals or corporate bodies that are accepted by the Asset Management Company
NAV Disclosure and Benchmark for Reliance ETF Consumption
The Net Asset Value of Reliance ETF Consumption must be calculated on a daily basis and published in a minimum of two daily newspapers every day. The NAV of the fund must also be published on the website of the company as well as the website of the Association of Mutual Funds in India. In case the fund fails to publish its NAV on the aforementioned platform by 9.00 p.m. on any given day, it will have to issue a press release that states the reasons for the same.
The formula used to calculate the NAV of Reliance ETF Consumption is as follows:
(Fair Value or Market Value of the Scheme’s investment + Current Assets - Current Liabilities and Provisions) / Number of units outstanding under the scheme
The computation of the scheme’s NAV is done every day of the year and disclosed at the end of each working day.
Benchmark Index of Reliance ETF Consumption:
The benchmark adopted by Reliance ETF Consumption is the Nifty India Consumption Index.
Reliance ETF Consumption Fund Manager
Reliance ETF Consumption has been managed by Payal Wadhwa Kaipunjal since January 2017. Kaipunjal has been working with Asset Management Companies since June 2004 and has a wealth of experience in the mutual fund industry. She also manages a number of other schemes for Reliance, such as Reliance ETF Junior BeES, Reliance ETF Bank BeES, Reliance ETF Nifty 100, Reliance Gold Savings Fund, etc.
Investment Restrictions of Reliance ETF Consumption
The following are some of the major investment restrictions of Reliance ETF Consumption:
- The fund is not allowed to make investments over 10% of its Net Asset Value in debt securities issued by a single issuer if a credit rating agency has rated them not below investment grade.
- The scheme cannot make investments in excess of 20% of its Net Asset Value in debt schemes of a mutual fund in a group (not including investments in instruments issued by Public Sector Banks, Public Financial Units, and Public Sector Units).
- The scheme is not allowed to make investments in excess of 10% of its Net Asset Value in unrated debt securities issued by a single issuer and the overall investment of these instruments shall not be in excess of 25% of the scheme’s Net Asset Value.
- The scheme cannot make investments in unlisted securities of a group company or an associate of the sponsor, or in securities issued by group companies or associates of the sponsor, or in listed securities of the sponsor’s group companies which is more than 25% of the Net Asset Value.
- Investments from one scheme can only be transferred to another if the transfers are made at the current market price for quoted instruments on spot basis, or if the instruments transferred comply with the policies and investment objectives of the scheme to which they are being transferred.
Dividend Policy of Reliance ETF Consumption
The Trustees are responsible for declaring dividends to unitholders based on whether or not distributable surplus is available, and depending on the actual distribution of dividends under the scheme. The Trustee is also responsible for determining the frequency at which dividends will be distributed.
Why you should invest in Reliance ETF Consumption
Reliance ETF Consumption is a good option to consider for investment as it offers capital appreciation by making investments in equity and equity-related instruments that replicate the performance of Nifty India Consumption Index. If you have long-term financial goals, Reliance ETF Consumption is a good option to grow your wealth.
- Reliance Small Cap Fund Direct Plan Growth Plan Growth Option
- Reliance Small Cap Fund Dividend Plan
- Reliance Small Cap Fund Growth Plan Bonus Option
- Reliance Small Cap Fund Growth Plan Growth Option
- Reliance Tax Saver Elss Fund Direct Plan Dividend Plan Annual Dividend Payout Option
- Reliance Tax Saver Elss Fund Dividend Plan Annual Dividend Payout Option
- Reliance Tax Saver Elss Fund Dividend Plan Dividend Option
- Reliance Tax Saver Elss Fund Growth Plan Growth Option
- Reliance Tax Saver Fund Direct Plan Dividend Plan Dividend Payout Option
- Reliance Tax Saver Fund Direct Plan Growth Plan Growth Option Growth
- Reliance Growth Fund Direct Plan Bonus Plan Bonus
- Reliance Growth Fund Direct Plan Dividend Plan
- Reliance Growth Fund Direct Plan Growth Plan Growth
- Reliance Growth Fund Dividend Plan D Option
- Reliance Growth Fund Growth Plan Bonus Option
- Reliance Growth Fund Growth Plan Growth Option
- Reliance Growth Fund Institutional Plan Dividend Option
- Reliance Etf Consumption
- Reliance Large Cap Fund B Direct Plan
- Reliance Large Cap Fund B
- Reliance Large Cap Fund Dividend Direct Plan
- Reliance Large Cap Fund Dividend
- Reliance Large Cap Fund Growth Direct Plan
- Reliance Large Cap Fund Growth
- Reliance Large Cap Fund Institutional B
- Reliance Pharma Fund Direct Plan Bonus Plan Bonus
- Reliance Pharma Fund Direct Plan Dividend Plan Dividend Payout Option
- Reliance Pharma Fund Direct Plan Growth Plan Growth Option Growth
- Reliance Pharma Fund Dividend Dividend Option
- Reliance Pharma Fund Growth Plan Bonus
- Reliance Pharma Fund Growth Plan Growth Option
- Reliance Banking And Psu Debt Fund Direct Plan Dividend Plan
- Reliance Banking And Psu Debt Fund Direct Plan Growth Plan Bonus Option
- Reliance Banking And Psu Debt Fund Direct Plan Growth Plan Growth Option
- Reliance Banking And Psu Debt Fund Direct Plan Monthly Dividend Plan
- Reliance Banking And Psu Debt Fund Direct Plan Quarterly Dividend Plan
- Reliance Banking And Psu Debt Fund Direct Plan Weekly Dividend Plan
- Reliance Banking And Psu Debt Fund Dividend Plan
- Reliance Banking And Psu Debt Fund Growth Plan Growth Option
- Reliance Banking And Psu Debt Fund Monthly Dividend Plan
- Reliance Banking And Psu Debt Fund Quarterly Dividend Plan
- Reliance Banking And Psu Debt Fund Weekly Dividend Plan
- Reliance Banking Fund Direct Plan Bonus Plan Bonus
- Reliance Banking Fund Direct Plan Dividend Plan Dividend Payout Option
- Reliance Banking Fund Direct Plan Growth Plan Growth
- Reliance Banking Fund Dividend Plan Dividend Option
- Reliance Banking Fund Growth Plan Bonus Option
- Reliance Banking Fund Growth Plan Growth Option
- Reliance Low Duration Fund B Direct Plan
- Reliance Low Duration Fund B
- Reliance Low Duration Fund Dd Direct Plan
- Reliance Low Duration Fund Direct Dividend
- Reliance Low Duration Fund Dividend Direct Plan
- Reliance Low Duration Fund Dividend
- Reliance Low Duration Fund Growth Direct Plan
- Reliance Low Duration Fund Growth
- Reliance Low Duration Fund Monthly Dividend Direct Plan
- Reliance Low Duration Fund Monthly Dividend
- Reliance Low Duration Fund Quarterly Dividend Direct Plan
- Reliance Low Duration Fund Quarterly Dividend
- Reliance Low Duration Fund Ret B
- Reliance Low Duration Fund Ret Direct Dividend
- Reliance Low Duration Fund Ret Growth
- Reliance Low Duration Fund Ret Monthly Dividend
- Reliance Low Duration Fund Ret Quarterly Dividend
- Reliance Low Duration Fund Ret Weekly Dividend
- Reliance Low Duration Fund Weekly Dividend Direct Plan
- Reliance Low Duration Fund Weekly Dividend
- Reliance Liquid Fund Dd Direct Plan
- Reliance Liquid Fund Direct Dividend
- Reliance Liquid Fund Growth Direct Plan
- Reliance Liquid Fund Growth
- Reliance Liquid Fund Monthly Dividend Direct Plan
- Reliance Liquid Fund Monthly Dividend
- Reliance Liquid Fund Quarterly Dividend Direct Plan
- Reliance Liquid Fund Quarterly Dividend
- Reliance Liquid Fund Ret Direct Dividend
- Reliance Liquid Fund Ret Growth
- Reliance Liquid Fund Ret Monthly Dividend
- Reliance Liquid Fund Ret Quarterly Dividend
- Reliance Liquid Fund Ret Weekly Dividend
- Reliance Liquid Fund Weekly Dividend Direct Plan
- Reliance Liquid Fund Weekly Dividend
- Reliance Vision Fund Direct Plan Bonus Plan Bonus
- Reliance Vision Fund Direct Plan Dividend Option
- Reliance Vision Fund Direct Plan Dividend Plan Dividend Payout Option
- Reliance Vision Fund Direct Plan Growth Option
- Reliance Vision Fund Growth Plan Bonus Option
- Reliance Vision Fund Growth Plan Growth Option
- Reliance Vision Fund Institutional Plan Dividend Option
- Reliance Dynamic Bond Fund Direct Plan Dividend Plan Dividend Payout Option
- Reliance Dynamic Bond Fund Direct Plan Growth Plan Growth Option Growth
- Reliance Dynamic Bond Fund Direct Plan Quarterly Dividend Plan Dividend Payout Option
- Reliance Dynamic Bond Fund Dividend Plan Dividend Option
- Reliance Dynamic Bond Fund Dividend Plan Quarterly Dividend Option
- Reliance Dynamic Bond Growth Plan Growth Option
- Reliance Equity Hybrid Fund Dividend Direct Plan
- Reliance Equity Hybrid Fund Dividend
- Reliance Equity Hybrid Fund Growth Direct Plan
- Reliance Equity Hybrid Fund Growth
- Reliance Equity Hybrid Fund Monthly Dividend Direct Plan
- Reliance Equity Hybrid Fund Monthly Dividend
- Reliance Equity Hybrid Fund Quarterly Dividend Direct Plan
- Reliance Equity Hybrid Fund Quarterly Dividend
- Reliance Small Cap Fund Direct Plan Growth Plan Growth Option
- Reliance Small Cap Fund Dividend Plan
- Reliance Small Cap Fund Growth Plan Bonus Option
- Reliance Small Cap Fund Growth Plan Growth Option
- Reliance Tax Saver Elss Fund Direct Plan Dividend Plan Annual Dividend Payout Option
- Reliance Tax Saver Elss Fund Dividend Plan Annual Dividend Payout Option
- Reliance Tax Saver Elss Fund Dividend Plan Dividend Option
- Reliance Tax Saver Elss Fund Growth Plan Growth Option
- Reliance Tax Saver Fund Direct Plan Dividend Plan Dividend Payout Option
- Reliance Tax Saver Fund Direct Plan Growth Plan Growth Option Growth
- Reliance Growth Fund Direct Plan Bonus Plan Bonus
- Reliance Growth Fund Direct Plan Dividend Plan
- Reliance Growth Fund Direct Plan Growth Plan Growth
- Reliance Growth Fund Dividend Plan D Option
- Reliance Growth Fund Growth Plan Bonus Option
- Reliance Growth Fund Growth Plan Growth Option
- Reliance Growth Fund Institutional Plan Dividend Option
- Reliance Etf Consumption
- Reliance Large Cap Fund B Direct Plan
- Reliance Large Cap Fund B
- Reliance Large Cap Fund Dividend Direct Plan
- Reliance Large Cap Fund Dividend
- Reliance Large Cap Fund Growth Direct Plan
- Reliance Large Cap Fund Growth
- Reliance Large Cap Fund Institutional B
- Reliance Pharma Fund Direct Plan Bonus Plan Bonus
- Reliance Pharma Fund Direct Plan Dividend Plan Dividend Payout Option
- Reliance Pharma Fund Direct Plan Growth Plan Growth Option Growth
- Reliance Pharma Fund Dividend Dividend Option
- Reliance Pharma Fund Growth Plan Bonus
- Reliance Pharma Fund Growth Plan Growth Option
- Reliance Banking And Psu Debt Fund Direct Plan Dividend Plan
- Reliance Banking And Psu Debt Fund Direct Plan Growth Plan Bonus Option
- Reliance Banking And Psu Debt Fund Direct Plan Growth Plan Growth Option
- Reliance Banking And Psu Debt Fund Direct Plan Monthly Dividend Plan
- Reliance Banking And Psu Debt Fund Direct Plan Quarterly Dividend Plan
- Reliance Banking And Psu Debt Fund Direct Plan Weekly Dividend Plan
- Reliance Banking And Psu Debt Fund Dividend Plan
- Reliance Banking And Psu Debt Fund Growth Plan Growth Option
- Reliance Banking And Psu Debt Fund Monthly Dividend Plan
- Reliance Banking And Psu Debt Fund Quarterly Dividend Plan
- Reliance Banking And Psu Debt Fund Weekly Dividend Plan
- Reliance Banking Fund Direct Plan Bonus Plan Bonus
- Reliance Banking Fund Direct Plan Dividend Plan Dividend Payout Option
- Reliance Banking Fund Direct Plan Growth Plan Growth
- Reliance Banking Fund Dividend Plan Dividend Option
- Reliance Banking Fund Growth Plan Bonus Option
- Reliance Banking Fund Growth Plan Growth Option
- Reliance Low Duration Fund B Direct Plan
- Reliance Low Duration Fund B
- Reliance Low Duration Fund Dd Direct Plan
- Reliance Low Duration Fund Direct Dividend
- Reliance Low Duration Fund Dividend Direct Plan
- Reliance Low Duration Fund Dividend
- Reliance Low Duration Fund Growth Direct Plan
- Reliance Low Duration Fund Growth
- Reliance Low Duration Fund Monthly Dividend Direct Plan
- Reliance Low Duration Fund Monthly Dividend
- Reliance Low Duration Fund Quarterly Dividend Direct Plan
- Reliance Low Duration Fund Quarterly Dividend
- Reliance Low Duration Fund Ret B
- Reliance Low Duration Fund Ret Direct Dividend
- Reliance Low Duration Fund Ret Growth
- Reliance Low Duration Fund Ret Monthly Dividend
- Reliance Low Duration Fund Ret Quarterly Dividend
- Reliance Low Duration Fund Ret Weekly Dividend
- Reliance Low Duration Fund Weekly Dividend Direct Plan
- Reliance Low Duration Fund Weekly Dividend
- Reliance Liquid Fund Dd Direct Plan
- Reliance Liquid Fund Direct Dividend
- Reliance Liquid Fund Growth Direct Plan
- Reliance Liquid Fund Growth
- Reliance Liquid Fund Monthly Dividend Direct Plan
- Reliance Liquid Fund Monthly Dividend
- Reliance Liquid Fund Quarterly Dividend Direct Plan
- Reliance Liquid Fund Quarterly Dividend
- Reliance Liquid Fund Ret Direct Dividend
- Reliance Liquid Fund Ret Growth
- Reliance Liquid Fund Ret Monthly Dividend
- Reliance Liquid Fund Ret Quarterly Dividend
- Reliance Liquid Fund Ret Weekly Dividend
- Reliance Liquid Fund Weekly Dividend Direct Plan
- Reliance Liquid Fund Weekly Dividend
- Reliance Vision Fund Direct Plan Bonus Plan Bonus
- Reliance Vision Fund Direct Plan Dividend Option
- Reliance Vision Fund Direct Plan Dividend Plan Dividend Payout Option
- Reliance Vision Fund Direct Plan Growth Option
- Reliance Vision Fund Growth Plan Bonus Option
- Reliance Vision Fund Growth Plan Growth Option
- Reliance Vision Fund Institutional Plan Dividend Option
- Reliance Dynamic Bond Fund Direct Plan Dividend Plan Dividend Payout Option
- Reliance Dynamic Bond Fund Direct Plan Growth Plan Growth Option Growth
- Reliance Dynamic Bond Fund Direct Plan Quarterly Dividend Plan Dividend Payout Option
- Reliance Dynamic Bond Fund Dividend Plan Dividend Option
- Reliance Dynamic Bond Fund Dividend Plan Quarterly Dividend Option
- Reliance Dynamic Bond Growth Plan Growth Option
- Reliance Equity Hybrid Fund Dividend Direct Plan
- Reliance Equity Hybrid Fund Dividend
- Reliance Equity Hybrid Fund Growth Direct Plan
- Reliance Equity Hybrid Fund Growth
- Reliance Equity Hybrid Fund Monthly Dividend Direct Plan
- Reliance Equity Hybrid Fund Monthly Dividend
- Reliance Equity Hybrid Fund Quarterly Dividend Direct Plan
- Reliance Equity Hybrid Fund Quarterly Dividend
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