Reliance Media and Entertainment Fund

Reliance Media & Entertainment Fund is based on investment in the media and entertainment sector. The scheme invests in stocks of companies in the mentioned business. The fund is ideal for customers looking for long term growth of capital and those that have a higher risk appetite.

Type or nature of fund

Reliance Media & Entertainment Fund is an open-ended media and entertainment sector mutual fund scheme

Investment objective

Reliance Media & Entertainment Fund is aimed at generating continuous returns by investing in stocks and equity related securities of companies that are in the media and entertainment industry.

Fund Information

Inception date 7th October 2004
Plans Growth and Bonus Plans

The Scheme offers following Plans / Options:

Reliance Media & Entertainment Fund Direct Plan(D)

Reliance Media & Entertainment Fund Direct Plan(G)

Reliance Media & Entertainment Fund Direct Plan(B)

Reliance Media & Entertainment Fund(D)

Reliance Media & Entertainment Fund(G)

Reliance Media & Entertainment Fund(B)

Entry load NIL
Exit load 1% if redeemed before completion of 1 year, NIL if redeemed after completion of 1 year from date of allotment of units
Minimum investment Rs.5000 and then in multiples of Re.1 for customers who avail Reliance Banking mutual fund scheme

Yes. Following is the break-up for various SIP options available to investors.

Minimum investment amount for investing: is-

  1. Rs.100/- per month then in multiples of Re. 1/- for minimum 60 months
  2. Rs.500/- per month then in multiples of Re. 1/- for minimum 12 months
  3. Rs.1000/- per month then in multiples of Re. 1/- for minimum 6 months
  4. Rs.500/- per quarter then in multiples of Re. 1/- for minimum 12 quarters
  5. Rs.1500/- per quarter then in multiples of Re. 1/- for minimum 4 quarters
  6. Rs. 5000/- per year then in multiples of Rs. 500/- for minimum 2 years
Product label – Risk and target investors High, best-suited for investors who are looking for long-term capital appreciation and are willing to take risk with respect to their capital
Benchmark CNX Media & Entertainment Index
SWP Yes, Available
STP Yes, Available
Redemption Reliance Media & Enter Fund redemption proceeds are dispatched within 10 working days after receiving a valid redemption request from customer. Fund provider is required by SEBI, to pay a penal rate of interest of 15% per annum if the redemption is not processed within the stipulated time frame
Taxation Based on nature of income and type of fund taxation will differ for different investors. For specific taxation guidelines, it is best to consult a financial adviser. However, tax applies to mutual funds in addition to this a small amount of surcharge too, is levied

Fund manager

Sailesh Raj Bhan

Sailesh is an MBA in finance and has done his CFA course. He has over 12 years of experience in equity research and analysis. Prior to Reliance Mutual Funds, Sailesh has been with financial companies like Emkay Shares, Shah and Sequeira and ICFAI. Following are the other fund schemes managed by him.

  • Reliance Top 200 Fund (Erstwhile Reliance Equity Advantage Fund)
  • Reliance Pharma Fund
  • Reliance Equity Opportunities Fund
  • Reliance Equity Linked Saving Fund – Series I
  • Various Series of Reliance Dual Advantage Fixed Tenure Fund
  • Reliance Close ended equity fund
  • Reliance Capital Builder Fund - II - Series A, B & C

Investment philosophy or strategy

Following is the investment philosophy for Reliance Media & Entertainment fund.

  • Focused approach to invest in leaders and potential leaders across the media and entertainment sector
  • The fund has a flexi-cap structure making it flexible to invest in all types of companies
  • New media segments like internet, radio etc. are expanding business and hence lending more opportunities
  • Good return on investment policy is the basic driving factor for this fund
  • Businesses with sustainable profit growth are the focus of this fund

Portfolio – Sector / Top 10 holdings

Following are the stocks in which Reliance Media & Entertainment Fund is invested currently.

NameSectorClassAllocation %
HINDUSTAN MEDIA VENTURES LTDBanking and FinanceEquity12.81
HT MEDIA LTDBanking and FinanceEquity10.06
INFO EDGE (INDIA) LTDBanking and FinanceEquity9.16
JAGRAN PRAKASHAN LTDBanking and FinanceEquity9.04
HATHWAY CABLE & DATACOM LTDBanking and FinanceEquity8.26
PVR LTDBanking and FinanceEquity7.64
SUN TV NETWORK LTDBanking and FinanceEquity7.08
INOX LEISURE LTDBanking and FinanceEquity7.06
TV18 BROADCAST LTDBanking and FinanceEquity5.98

Risk measures

The risk measures listed below have been calculated by taking rolling return for a 3 year period from 31/08/2012 to 31/08/2015

Sharpe Ratio0.12
Portfolio Turnover Ratio0.37

Fund Performance

AUMRs.89.71 Crores
NAVRs.20.372 as of 3rd September, 2015
Expenses, expense ratioNA

Benchmark Comparison

Following is the benchmark comparison for Reliance Media & Entertainmnet Fund as per data from May 29th, 2015.

Compounded Annualised Returns Scheme Returns % Benchmark Returns %
Returns for the last 1 year 5.71 9.03
Returns for the last 3 years 22.47 25.66
Returns for the last 5 years 13.38 10.01
Returns since inception 16.1 12.05

Absolute Returns for each financial year for the last 5 years are mentioned above.

Expert view of the fund

Reliance Media and Entertainment fund is focused at investing in the media and entertainment sector. The fund invests in equity and equity related securities of media related companies. These companies in India are on a growing curve and as such are good investment option for long term profit realization. The fund however, is biased towards small and mid cap funds in order to perform aggressively and hence is in the high risk type. Investors who wish to reap long term benefits and those that have a greater risk appetite should go for this fund.

How to apply for Reliance Entertainment & Media Fund

Reliance Entertainment & Media mutual fund can be obtained both offline as well as online. In order to apply online, you must visit the Reliance Mutual Fund website wherein the company has furnished the option of online application of mutual funds.

For offline mutual fund application, you will need to visit any of the Reliance Mutual Fund branch office. You will be required to fill in an an application form and submit it along with certain KYC documents. Alternatively, fund advisers from the company can be contacted in order to learn detailed aspects of mutual funds offered by Reliance and apply subsequently. The company also has mobile application as well as mobile website which can be used by customers on the go, if they want to invest in Reliance Entertainment & Media Fund.

Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.

This Page is BLOCKED as it is using Iframes.