Reliance ETF Nifty 100 is an open-ended index exchange traded fund offered by Reliance Mutual Fund. The scheme offers long-term capital appreciation through investment in equity and equity-related instruments.
Investment Objective of Reliance ETF Nifty 100
The investment objective of Reliance ETF Nifty 100 is to offer investment returns that are commensurate with the overall returns offered by the securities on the Nifty 100 index.
Key Features of Reliance ETF Nifty 100
Here are some of the key features of Reliance ETF Nifty 100:
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 Nifty 100
Minimum Application Amount | Rs.5,000 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 | Nil |
Exit Load | Nil |
Asset Allocation for Reliance ETF Nifty 100
Instruments | Allocations (Percentage of total assets) | Risk Profile |
Securities constituting Nifty 100 Index | 95% to 100% | Medium to High |
Money market securities including CBLO (with maturity period limited to 91 days) | 0% to 5% | Low to Medium |
Who can Invest in Reliance ETF Nifty 100?
The following entities can make investments in Reliance ETF Nifty 100:
- Resident Indian citizens who have attained the age of 18 years
- Persons of Indian Origin (POIs) and Non-Resident Indians (NRIs)
- Legal guardians or parents for investments on behalf of minors
- Charitable or Religious Trusts through trustees, and private funds with the authorisation to make investments in mutual fund schemes as per their trust deeds
- Financial institutions and banks (inclusive of regional rural banks)
- Special Purpose Vehicles with the approval of the appropriate authority
- Companies, corporate bodies, cooperative societies, Public Sector Undertakings, and trusts
- Hindu Undivided Families in the HUF’s or Karta’s name
- Foreign Institutional Investors registered with the Securities and Exchange Board of India
- Overseas multilateral agencies with the approval of the Indian Government
- Industrial and scientific research organisations
- Qualified Foreign Investors
- Foreign Portfolio Investors
- Partnership firms through partner(s)
- Navy, Air Force, Army and other paramilitary units
- Unincorporated body of persons with the approval of Reliance Capital Trustee Co. Limited
- Sponsor, trustee or Asset Management Company, or their associates
- Any other corporate bodies or institutions or investors as decided by the Asset Management Company from time to time
NAV Disclosure and Benchmark for Reliance ETF Nifty 100
The NAV of Reliance ETF Nifty 100 must be calculated on a daily basis and published in at least two national newspapers. The Net Asset Value must be declared on every business day on the website of the Association of Mutual Funds in India and the website of the fund house by 9:00 p.m. every working day, and failure to do so will require the Asset Management Company to provide an explanation to the Securities and Exchange Board of India regarding the reason for the delay.
Here is the formula used to compute the NAV of Reliance ETF Nifty 100:
(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 Nifty 100:
The benchmark adopted by Reliance ETF Nifty 100 is the Nifty 100 Index.
Reliance ETF Nifty 100 Fund Manager
Reliance ETF Nifty 100 has been managed by Payal Wadhwa Kaipunjal, who has over 16 years of experience in the mutual fund industry. Ms. Payal has been in charge of Reliance ETF Nifty 100 since January 2017, and she also manages a number of other funds for Reliance, such as Reliance ETF Junior BeES, Reliance ETF Gold BeES, Reliance Index Fund – Sensex Plan, Reliance Gold Savings Fund, etc.
Investment Restrictions of Reliance ETF Nifty 100
The following are some of the major investment restrictions of Reliance ETF Nifty 100:
- The scheme is restricted from making investments over 30% of its NAV in money market securities of a single issuer.
- The scheme is not allowed to make investments in any fund of funds scheme.
- The scheme is not allowed to advance loans for any purpose.
- The scheme is restricted from making investments in unlisted securities of group companies or associates of the sponsor, in securities issued by way of private placement by group companies or associates of the sponsor, and in listed securities of the sponsor’s group companies which is more than 25% of the scheme’s net assets.
Dividend Policy of Reliance ETF Nifty 100
The Trustees can declare dividends if they are available and depending upon the adequacy of distributable surplus. In case dividends are payable, the unitholders shall receive them net of TDS within 30 days from the date on which they are declared.
Why you should invest in Reliance ETF Nifty 100
Reliance ETF Nifty 100 is worth considering as an investment option as it facilitates capital growth in the long term through investment in equity and equity-related instruments and portfolios that try to replicate the composition of Nifty 100 Index.
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- Reliance Tax Saver Elss Fund Direct Plan Dividend Plan Annual Dividend Payout Option
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- Reliance Growth Fund Direct Plan Bonus Plan Bonus
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- Reliance Growth Fund Dividend Plan D Option
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- 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
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- Reliance Banking And Psu Debt Fund Quarterly Dividend Plan
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- Reliance Low Duration Fund Dd Direct Plan
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- Reliance Liquid Fund Quarterly Dividend Direct Plan
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- Reliance Liquid Fund Ret Weekly Dividend
- Reliance Liquid Fund Weekly Dividend Direct Plan
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- Reliance Vision Fund Direct Plan Bonus Plan Bonus
- Reliance Vision Fund Direct Plan Dividend Option
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- 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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