Reliance Gold Savings Fund(G)-Direct Plan

Reliance Gold Savings Fund(G)-Direct Plan
Dividend Yearly
NA
Category
Equity - FOF
52-week NAV high
23.86  (As on 07-08-2020)
52-week NAV low
15.84  (As on 01-10-2019)
Expense
0.1%  (As on 31-08-2020)

Performance

1 mnth 3 mnth 6 mnth 1 yr 2 yr 3 yr 4 yr 5 yr 10 yr
Fund Returns -2.92 3.10 17.92 30.88 26.22 17.62 11.03 12.39 -
Scheme Details
Fund Type
Open Ended
Investment Plan
Growth
Bonus
NA
Launch Date
Jan 01, 2013
Last Dividend
NA
Minimum Investment
100

Reliance Gold Savings Fund - Direct Plan - Growth Plan - Growth is an open-ended fund of fund scheme offered by Reliance Mutual Fund and is managed by Reliance Nippon Life Asset Management Limited. The trustee of the mutual fund is Reliance Capital Trustee Co. Limited.

Investment Objective of Reliance Gold Savings Fund - Direct Plan - Growth Plan - Growth

The investment objective of Reliance Gold Savings Fund - Direct Plan - Growth Plan - Growth is to generate returns that are commensurate with the returns generated by Reliance ETF Gold BeES.

Key Features of Reliance Gold Savings Fund - Direct Plan - Growth Plan - Growth

Some of the significant features of Reliance Gold Savings Fund - Direct Plan - Growth Plan - Growth are as indicated in the table below:

Type of fund Open-ended fund of fund scheme
Plans available Growth Plan, Dividend Plan, Direct Plan – Growth Plan, Direct Plan – Dividend Plan
Options under each plan The Growth Plan comes with the following option:
  1. Growth Option
The Dividend Plan comes with the following options:
  1. Dividend Payout Option
  2. Dividend Reinvestment Option
The Direct Plan – Growth Plan comes with the following option:
  1. Growth option
The Direct Plan – Dividend Plan comes with the following option:
  1. Dividend Payout Option
  2. Dividend Reinvestment Option
Risk Moderately High
Systematic Investment Plan Available
Systematic Transfer Plan Available
Systematic Withdrawal Plan Available

Investment Amount for Reliance Gold Savings Fund - Direct Plan - Growth Plan - Growth

Here is the information regarding the investment amounts and loads:

Minimum application amount Rs.1,000 and in multiples of Re.1 thereafter
Minimum additional investment Rs.1,000 and in multiples of Re.1 thereafter
Minimum instalment for Systematic Investment Plan (SIP)
  • For a minimum of 60 months, Rs.100 per month and in multiples of Re.1 thereafter
  • For a minimum of 12 months, Rs.500 per month and in multiples of Re.1 thereafter
  • For a minimum of six months, Rs.1,000 per month and in multiples of Re.1 thereafter
  • For a minimum of 12 quarters, Rs.500 per month and in multiples of Re.1 thereafter
  • For a minimum of four quarters, Rs.1,500 per month and in multiples of Re.1 thereafter
  • For a minimum of two years, Rs.5,000 per month and in multiples of Re.1 thereafter
Entry Load Not Applicable
Exit Load 2% of the applicable NAV will be charged as exit load for redemptions within a year from the date of allotment, and no exit load will be applicable for redemptions after the completion of a year from the date on which the units were allotted.

Asset Allocation for Reliance Gold Savings Fund - Direct Plan - Growth Plan - Growth

Instruments Allocations (Percentage of total assets) Risk Profile
Units of Reliance ETF Gold BeES 95% to 100% Medium to High
CBLO and/or reverse repo and/or short-term fixed deposits and/or schemes that make investments mainly in liquid schemes or money market instruments 0% to 5% Low to Medium

NAV Disclosure and Benchmark for Reliance Gold Savings Fund - Direct Plan - Growth Plan - Growth

The Net Asset Value of Reliance Gold Savings Fund - Direct Plan - Growth Plan - Growth is calculated on each and every business day, and disclosed by 10:00 a.m. on the following business day. The Net Asset Value will also be published in at least two daily newspapers by the Asset Management Company. Investors can view the Net Asset Value of the scheme on the website of the fund house as well as the website of the Association of Mutual Funds in India.

The Benchmark adopted by Reliance Gold Savings Fund - Direct Plan - Growth Plan - Growth is the price of physical gold.

Reliance Gold Savings Fund - Direct Plan - Growth Plan - Growth Fund Manager

Reliance Gold Savings Fund - Direct Plan - Growth Plan - Growth has been managed by Payal Wadhwa Kaipunjal since November 2016. Ms. Kaipunjal has around 14 years of experience in asset management, and manages a number of other schemes for Reliance Mutual Fund, such as Reliance ETF Junior BeES, Reliance ETF Bank BeES, Reliance ETF Consumption, Reliance Arbitrage Advantage Fund, etc.

Why you should Invest in Reliance Gold Savings Fund - Direct Plan - Growth Plan - Growth

Reliance Gold Savings Fund - Direct Plan - Growth Plan - Growth is a good investment option for those who want their capital to grow in the long term. Although the risk profile associated with the scheme is moderately high, the scheme has the potential to generate a high level of returns, making it ideal for those who want income in the long term.

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