Reliance Mutual Fund

NAV Date 15-10-2019
Fund Name Category NAV NAV Change 1 year %
Reliance Equity Hybrid Fund(G) Hybrid - Equity Oriented 52.04 0.2788 -00.13
Reliance Large Cap Fund(G) Equity - Multi Cap 33.12 0.1860 05.71
Reliance Multi Cap Fund(G) Equity - Multi Cap 91.09 0.1530 04.82
Reliance Prime Debt Fund(G) Debt - Ultra Short Term 40.63 0.0225 08.38
Reliance Tax Saver (ELSS) Fund(D) Equity - Tax Saving 16.89 0.1440 -03.83
Reliance Tax Saver (ELSS) Fund(G) Equity - Tax Saving 49.82 0.4247 -03.83
Reliance Value Fund(G) Equity - Multi Cap 71.44 0.3239 07.70
Reliance Vision Fund(D) Equity - Large Cap 35.32 0.1833 03.46
Reliance ETF Bank BeES Equity - ETF 2915.28 38.0746 12.77
Reliance ETF Gold BeES Equity - ETF 3413.84 14.5073 18.97
Reliance ETF Hang Seng BeES Equity - International 3048.15 11.2311 03.14
Reliance ETF Nifty BeES Equity - ETF 1208.73 9.2110 10.12
Reliance Growth Fund(G) Equity - Large Cap 1063.07 2.3862 04.79
Reliance Growth Fund(G)-Direct Plan Equity - Large Cap 1114.34 2.5211 05.43
Reliance Liquid Fund(DD) Debt - Liquid 1528.74 0.0000 05.16
Reliance Liquid Fund(DD)-Direct Plan Debt - Liquid 1528.74 0.0000 05.22
Reliance Liquid Fund(G) Debt - Liquid 4705.49 0.8051 07.24
Reliance Liquid Fund(G)-Direct Plan Debt - Liquid 4731.04 0.8198 07.32
Reliance Liquid Fund(MD) Debt - Liquid 1590.56 0.2721 05.14
Reliance Liquid Fund(MD)-Direct Plan Debt - Liquid 1593.95 0.2758 05.20
Reliance Liquid Fund(WD) Debt - Liquid 1531.28 0.2615 05.28
Reliance Liquid Fund(WD)-Direct Plan Debt - Liquid 1531.3 0.2654 05.34
Reliance Liquid Fund-Ret(DD) Debt - Liquid 1524.28 0.0000 04.58
Reliance Liquid Fund-Ret(G) Debt - Liquid 4315.31 0.6581 06.41
Reliance Liquid Fund-Ret(MD) Debt - Liquid 1331.57 0.2031 04.55
Reliance Liquid Fund-Ret(QD) Debt - Liquid 1220.51 0.1862 04.55
Reliance Liquid Fund-Ret(WD) Debt - Liquid 1034.75 0.1578 04.73
Reliance Low Duration Fund(B) Debt - Ultra Short Term 1543.53 0.7462 07.36
Reliance Low Duration Fund(B)-Direct Plan Debt - Ultra Short Term 1580.31 0.7775 07.69
Reliance Low Duration Fund(D) Debt - Ultra Short Term 1458.23 0.7051 07.37
Reliance Low Duration Fund(D)-Direct Plan Debt - Ultra Short Term 1482.88 0.7296 07.69
Reliance Low Duration Fund(G)-Direct Plan Debt - Ultra Short Term 2720.46 1.3384 07.70
Reliance Low Duration Fund(MD)-Direct Plan Debt - Ultra Short Term 1014.88 0.4992 05.47
Reliance Low Duration Fund(QD) Debt - Ultra Short Term 1012.76 0.4897 05.23
Reliance Low Duration Fund(QD)-Direct Plan Debt - Ultra Short Term 1013.86 0.4987 05.49
Reliance Low Duration Fund-Ret (B) Debt - Ultra Short Term 1894.87 0.8918 06.85
Reliance Low Duration Fund-Ret(G) Debt - Ultra Short Term 2542.84 1.1961 06.85
Reliance Low Duration Fund-Ret(QD) Debt - Ultra Short Term 1027.82 0.4834 04.83
Reliance Money Market Fund(B) Debt - Liquid 1713.32 0.0527 08.72
Reliance Money Market Fund(B)-Direct Plan Debt - Liquid 1745.21 0.5445 08.83
Reliance Money Market Fund(G) Debt - Liquid 2949.52 0.9121 08.72
Reliance Money Market Fund(G)-Direct Plan Debt - Liquid 2967.93 0.9259 08.83
Reliance Money Market Fund(QD) Debt - Liquid 1012.66 0.3131 06.31
Reliance Money Market Fund(QD)-Direct Plan Debt - Liquid 1012.67 0.3159 06.39
Reliance Ultra Short Duration Fund(DD) Debt - Liquid 1068.93 0.6529 -00.37
Reliance Ultra Short Duration Fund(DD)-Direct Plan Debt - Liquid 1069.68 0.6304 00.26
Reliance Ultra Short Duration Fund(G) Debt - Liquid 2827.49 1.7288 01.10
Reliance Ultra Short Duration Fund(G)-Direct Plan Debt - Liquid 2982.19 1.7577 01.88
Reliance Ultra Short Duration Fund(WD) Debt - Liquid 1048.78 0.6405 -00.35
Reliance Ultra Short Duration Fund(WD)-Direct Plan Debt - Liquid 1049.65 0.6187 00.22
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Reliance Mutual Fund is a part of the Reliance Anil Dhirubhai Ambani(ADA) Group with its presence in 160 cities across India. It has been established under the Indian Trusts Act, 1882 and is sponsored by Reliance Capital Limited (RCL). The fund house was previously known as Reliance Capital Mutual Fund which later in 2004 was renamed to Reliance Mutual Fund. In the April-June quarter of 2018, it managed assets worth Rs.2,40,445.37 crore and had 83.99 lakh folios under its belt.

Types of funds offered by Reliance Mutual Fund

Reliance Mutual Fund offers 52 schemes in the equity, debt, gold, and liquid categories. In addition to this, it also offers funds in other categories such as retirement, ETF, and NFOs (New Fund Offers). The features of all the schemes of Reliance Mutual Fund have been explained below:

Equity Funds by Reliance Mutual Fund

Funds which invest in equities of companies (large, mid, and small cap) are known as equity funds or stock funds and in this category, Reliance Mutual Fund presents 37 funds. The features of the schemes have been listed below.

  1. Reliance Vision Fund - This is an open-ended equity scheme that invests in equities of large and mid cap firms.
    • Investment Objective - To achieve capital appreciation for the investor over a long term by investing in equity and its related securities following a research-based approach.
    • Ideal for - Investors who wish to achieve capital growth over a long term and who prefer to invest in equity and its related securities of large and mid cap firms.

    Scheme features:

    Benchmark Index

    S&P BSE 250 LargeMidcap Index

    Investment Options

    Direct and regular plans - Growth and dividend options

    Minimum Investment

    Rs.5,000

    Entry Load

    Not Applicable

    Exit Load

    1% exit load will be charged if investor exits before 1 year from unit allotment date. No exit load for exit after 1 year

    Riskometer

    Moderately High

    Fund Manager

    Mr. Ashwani Kumar

  2. Reliance Large Cap Fund - This schemes was previously known as Reliance Top 200 Fund and it is an open-ended equity scheme that mainly invests in stocks of firms with large market capitalisation.
    • Investment Objective - The primary objective is to generate capital growth for the investor through investment in stocks of large cap companies. The secondary objective of the fund is to provide returns with consistency through investment in REITs, InvITs, money market and debt instruments.
    • Ideal for - Investors who are looking at growing their capital over a long term and wish to invest in large cap stocks having an established business model.

    Scheme features:

    Benchmark Index

    S&P BSE 100

    Investment Options

    Direct and regular plans - Growth and dividend options

    Minimum Investment

    Rs.5,000

    Entry Load

    Not Applicable

    Exit Load

    Investors can redeem 10% of units before 1 year from allotment date without being charged an exit load. An exit load of 1% will be charged for redemption above 10% before 1 year on First In First Out (FIFO) basis. No exit load for redemption/switch out after 1 year

    Riskometer

    Moderately High

    Fund Manager

    Mr. Sailesh Raj Bhan

  3. Reliance Quant Fund - Formerly known as Reliance Quant Plus Fund, this open-ended equity scheme invests in securities that follow the quant model theme. It is an actively managed scheme that selects stocks based on parameters such as price, valuation, earnings, quality, and momentum.
    • Investment Objective - To produce capital growth for the investor by following a quant model of stock selection.
    • Ideal for - Investors who wish to achieve capital appreciation over a longer period and prefer investing in stocks chosen through a mathematical model.

    Scheme features:

    Benchmark Index

    S&P BSE 200 Index

    Investment Options

    Regular and Direct plans with options of Growth and Dividend

    Minimum Investment

    Rs.5,000

    Entry Load

    Not Applicable

    Exit Load

    If investor exits/redeems before 1 month from unit allotment date, 0.25% exit load will be charged. No exit load will be charged thereafter

    Riskometer

    High

    Fund Manager

    Mr. Ashutosh Bhargava, Mr. Arun Sundaresan

  4. Reliance Balanced Advantage Fund - This is an open-ended dynamic asset allocation fund that was previously known as Reliance NRI Equity Fund. The fund attempts to offer triple benefits - emotion free asset allocation, long term alpha, and low risk and maintains a portfolio oriented towards large cap stocks. On the debt side, the portfolio follows conservative management.
    • Investment Objective - To capitalise on the upward trend of equity markets while limiting the downside by dynamically handling the portfolio comprising of equity and debt securities.
    • Ideal for - Investors who wish to achieve capital gains over a long term through investment in a mix of equity, debt, money market securities and derivatives.

    Scheme features:

    Benchmark Index

    CRISIL Hybrid 35+65 - Aggressive Index

    Investment Options

    Regular and Direct plans with options of Growth and Dividend

    Minimum Investment

    Rs.5,000

    Entry Load

    Not Applicable

    Exit Load

    Investors can redeem 10% of units before 1 year from allotment date without being charged an exit load. An exit load of 1% will be charged for redemption above 10% before 1 year on First In First Out (FIFO) basis. No exit load for redemption/switch out after 1 year

    Riskometer

    Moderately High

    Fund Manager

    Mr. Manish Gunwani and Mr. Ashutosh Bhargava

  5. Reliance Index Fund - Nifty Plan - This is an open-ended scheme that tracks the Nifty 50 Index but is subject to tracking errors. The scheme invests in securities that constitute the Nifty 50 Index in the same proportion.
    • Investment Objective - To generate returns similar to the returns offered by the Nifty 50 Index.
    • Ideal for - Investors who seek capital gains over a long term and who wish to receive returns similar to that provided by the Nifty 50 Index.

    Scheme features:

    Benchmark Index

    Nifty 50 Index

    Investment Options

    Regular and Direct plans with options of Growth and Dividend

    Minimum Investment

    Rs.5,000

    Entry Load

    Not Applicable

    Exit Load

    0.25% exit load will be charged if investor exits before 7 days from unit allotment date. No exit load if the investor exits after 7 days of allotment date

    Riskometer

    Moderately High

    Fund Manager

    Ms. Payal Wadhwa Kaipunjal

  6. Reliance Index Fund - Sensex Plan - This is an open-ended scheme that replicates the S&P BSE Sensex Index and invests in securities that make up the S&P BSE Sensex Index.
    • Investment Objective - To bring about capital growth that corresponds to the returns generated by the performance of the index.
    • Ideal for - Investors who wish to achieve capital appreciation over a long term and prefer investing in equity and its related securities that mirror Sensex’s composition.

    Scheme features:

    Benchmark Index

    S&P BSE Sensex Index

    Investment Options

    Regular and Direct plans with options of Growth and Dividend

    Minimum Investment

    Rs.5,000

    Entry Load

    Not Applicable

    Exit Load

    0.25% exit load will be charged if investor exits before 7 days from unit allotment date. No exit load is charged when the investor exits after 7 days of allotment date

    Riskometer

    Moderately High

    Fund Manager

    Ms. Payal Wadhwa Kaipunjal

  7. Reliance Growth Fund - This is an open-ended equity scheme that majorly invests in stocks of mid cap firms with a potential to increase their profitability. The fund adopts a Growth at Reasonable Price (GARP) investment style.
    • Investment Objective - To produce capital growth over a long term through investment in equity and its related securities of mid cap firms.
    • Ideal for - Investors who seek capital gains by investing in mid cap stocks.

    Scheme features:

    Benchmark Index

    S&P BSE MidCap Index

    Investment Options

    Regular and Direct plans with options of Growth and Dividend

    Minimum Investment

    Rs.5,000

    Entry Load

    Not Applicable

    Exit Load

    1% of exit load will apply on switch out/redemption before 1 year from unit allotment date. No exit load thereafter

    Riskometer

    Moderately High

    Fund Manager

    Mr. Manish Gunwani

  8. Reliance Focused Equity Fund - This is an open-ended equity scheme and was previously known as the Reliance Mid & Small Cap Fund. The scheme invests in up to 30 stocks across market capitalisation by adopting bottom-up and top-down strategy of investment.
    • Investment Objective - To produce capital gains over a long term through investment in equity and its related securities across market capitalisation.
    • Ideal for - Investors who wish to grow their capital by investing in stocks of small, mid, and large cap firms.

    Scheme features:

    Benchmark Index

    S&P BSE 500 Index

    Investment Options

    Regular and Direct plans with options of Growth and Dividend

    Minimum Investment

    Rs.5,000

    Entry Load

    Not Applicable

    Exit Load

    1% exit load for switch out/redemption before 1 year from unit allotment date. No exit load will apply thereafter

    Riskometer

    Moderately High

    Fund Manager

    Mr. Vinay Sharma

  9. Reliance Small Cap Fund - This is an open-ended equity scheme that invests a major portion in stocks of small cap firms with high growth potential and relatively low valuation.
    • Investment Objective - The primary objective of the fund is to produce capital gains for the investor through investments in equity and its related securities of firms with small market capitalisation. The secondary objective is to provide the investor with returns in a consistent manner by investment in money market and debt securities.
    • Ideal for - Investors who wish to achieve capital appreciation over a long term and prefer investing in small cap stocks.

    Scheme features:

    Benchmark Index

    S&P BSE Small Cap Index

    Investment Options

    Regular and Direct plans with options of Growth and Dividend

    Minimum Investment

    Rs.5,000

    Entry Load

    Not Applicable

    Exit Load

    1% exit load will be charged if investor exits before 1 year from unit allotment date. No exit load for exit after 1 year

    Riskometer

    Moderately High

    Fund Manager

    Mr. Samir Rachh and Mr. Dhrumil Shah

  10. Reliance Value Fund - This scheme was previously known as Reliance Regular Savings Fund (Equity Option) and is an open-ended equity scheme that follows a value investment approach.
    • Investment Objective - To produce consistent returns for the investor through investment in value stocks.
    • Ideal for - Investors who wish to grow their capital and prefer investing in equity and its related securities.

    Scheme features:

    Benchmark Index

    S&P BSE Enhanced Value Index

    Investment Options

    Direct plan with options of Growth and Dividend

    Minimum Investment

    Rs.500

    Entry Load

    Not Applicable

    Exit Load

    1% exit load will be charged if investor exits before 1 year from unit allotment date. No exit load for exit after 1 year

    Riskometer

    Moderately High

    Fund Manager

    Ms. Meenakshi Dawar

  11. Reliance Multi Cap Fund - Previously known as the Reliance Equity Opportunities Fund, this open-ended equity scheme invests in stocks across market capitalisation - large, mid, and small cap companies.
    • Investment Objective - The primary objective of the fund is to produce favourable returns for the investor through investments in a portfolio of equity and its related securities. The secondary objective is to provide consistent returns to the investor through investment in money market and debt instruments.
    • Ideal for - Investors who prefer investing in equity and its related stocks to achieve long term growth of capital.

    Scheme features:

    Benchmark Index

    S&P BSE 500 Index

    Investment Options

    Regular and Direct plans with options of Growth and Dividend

    Minimum Investment

    Rs.5,000

    Entry Load

    Not Applicable

    Exit Load

    Exit load of 1% will apply if the investor exits 1 year before unit allotment date. No exit load will apply thereafter

    Riskometer

    Moderately High

    Fund Manager

    Mr. Sailesh Raj Bhan

  12. Reliance Banking Fund - This is an open-ended scheme that invests in the banking sector and is well diversified across sub-sectors like Public Sector Undertakings (PSUs), private banks, Non-Banking Financial Institutions (NBFCs), broking houses, housing finance companies, etc.
    • Investment Objective - To produce continuous returns by active portfolio management of equity and its related securities of firms engaged in banking and financial services sector.
    • Ideal for - Investors who wish to achieve capital gains over a long term and prefer investing in the stocks of firms in the banking and financial services sector.

    Scheme features:

    Benchmark Index

    Nifty Bank

    Investment Options

    Regular and Direct plans with options of Growth and Dividend

    Minimum Investment

    Rs.5,000

    Entry Load

    Not Applicable

    Exit Load

    Exit load of 1% will apply if the investor exits 1 year before unit allotment date. No exit load will apply thereafter

    Riskometer

    High

    Fund Manager

    Mr. Vinay Sharma

  13. Reliance Power & Infra Fund - This scheme was formerly known as Reliance Diversified Power Sector Fund and is an open-ended equity scheme that invests in infrastructure and power sectors. It follows a focussed strategy and flexibility of investing in energy, resources, transportation, communication, and other allied firms in the power and infrastructure segment.
    • Investment Objective - To fetch favourable returns for the investor through investment in equity and its related securities of firms engaged in the infrastructure and power segments.
    • Ideal for - Investors who are looking to grow their capital over a long-term by investing in stocks of power and infrastructure firms.

    Scheme features:

    Benchmark Index

    Nifty Infrastructure Index

    Investment Options

    Regular and Direct plans with options of Growth and Dividend

    Minimum Investment

    Rs.5,000

    Entry Load

    Not Applicable

    Exit Load

    Exit load of 1% is applicable on switch out/redemption before 1 year from unit allotment date. No exit load for exit after 1 year

    Riskometer

    High

    Fund Manager

    Mr. Sanjay Doshi

  14. Reliance Pharma Fund - This is an open-ended equity scheme that invests in firms engaged in the pharma sector and invests across capitalisation (large, mid, and small cap).
    • Investment Objective - To produce consistent returns through investments in equity, equity-related, and fixed income securities of firms in the pharma and its allied sectors.
    • Ideal for - Investors who seek capital gains over 2-3 years by investing in equities of pharma companies.

    Scheme features:

    Benchmark Index

    S&P BSE Healthcare Index

    Investment Options

    Regular and Direct plans with options of Growth and Dividend

    Minimum Investment

    Rs.5,000

    Entry Load

    Not Applicable

    Exit Load

    Exit load of 1% is applicable on switch out/redemption before 1 year from unit allotment date. No exit load for exit after 1 year

    Riskometer

    High

    Fund Manager

    Mr. Sailesh Raj Bhan

  15. Reliance Consumption Fund - This scheme was previously known as Reliance Media & Entertainment Fund and is an open-ended equity scheme following consumption theme.
    • Investment Objective - To generate capital gains for the investor over a long term through investments in equities of firms that are likely to be benefitted from the domestic consumption led demand.
    • Ideal for - Investors who prefer to grow their capital by investing in firms in the consumption space.

    Scheme features:

    Benchmark Index

    Nifty India Consumption Index

    Investment Options

    Regular and Direct plans with options of Growth and Dividend

    Minimum Investment

    Rs.5,000

    Entry Load

    Not Applicable

    Exit Load

    Exit load of 1% is applicable on switch out/redemption before 1 year from unit allotment date. No exit load for exit after 1 year

    Riskometer

    High

    Fund Manager

    Mr. Sailesh Raj Bhan and Ms. Jahnvee Shah

  16. Reliance Tax Saver (ELSS) Fund - This is an open-ended equity linked savings scheme that has 3 years statutory lock-in period and offers tax benefits to the investor. The scheme aims to maintain a balanced portfolio of large and mid cap firms.
    • Investment Objective - To generate capital growth over a long term through investments in equity and its related securities.
    • Ideal for - Investors who wish to achieve capital growth over a long term through investment in equity and its related securities.

    Scheme features:

    Benchmark Index

    S&P BSE 100 Index

    Investment Options

    Regular and Direct plans with options of Growth and Dividend

    Minimum Investment

    Rs.500

    Entry Load

    Not Applicable

    Exit Load

    Nil

    Riskometer

    Moderately High

    Fund Manager

    Mr. Ashwani Kumar

  17. Reliance ETF Nifty 100 - This is an open-ended index exchange traded scheme that mimics the performance of the Nifty 100 Index. The scheme invests in securities that comprise the Nifty 100 Index in the same percentage as in the index.
    • Investment Objective - To bring about capital returns similar to the returns offered by the Nifty 100 index, subject to tracking errors.
    • Ideal for - Investors who wish to invest in equity and its related securities similar to the composition of Nifty 100 Index to grow their capital.

    Scheme features:

    Benchmark Index

    Nifty 100 Index

    Investment Options

    Not Applicable

    Minimum Investment Amount during NFO

    Rs.5,000

    Entry Load

    Not Applicable

    Exit Load

    Nil

    Riskometer

    Moderately High

    Fund Manager

    Ms. Payal Wadhwa Kaipunjal

  18. Reliance ETF Dividend Opportunities - This is an open-ended index exchange traded fund that invests in securities consisting the Nifty Dividend Opportunities 50 Index and employs a passive approach of investment.
    • Investment Objective - To provide returns that correspond to the returns offered by the Nifty Dividend Opportunities 50 Index.
    • Ideal for - Investors who wish to achieve capital appreciation over a long term.

    Scheme features:

    Benchmark Index

    Nifty Dividend Opportunities 50 Index

    Investment Options

    Not applicable

    Minimum Investment Amount during NFO

    Rs.5,000

    Entry Load

    Not applicable

    Exit Load

    Nil

    Riskometer

    High

    Fund Manager

    Ms. Payal Wadhwa Kaipunjal

  19. Reliance ETF Consumption - This is an open-ended index exchange traded fund that tracks the performance of Nifty India Consumption Index and follows a passive investment strategy.
    • Investment Objective - To offer returns similar to the ones offered by the Nifty India Consumption Index by investing in securities that constitute the index, in the same proportion.
    • Ideal for - Investors who wish to invest in securities that constitute the Nifty India Consumption Index to achieve capital appreciation.

    Scheme features:

    Benchmark Index

    Nifty India Consumption Index

    Investment Options

    Not applicable

    Minimum Investment Amount during NFO

    Rs.5,000

    Entry Load

    Not Applicable

    Exit Load

    Nil

    Riskometer

    High

    Fund Manager

    Ms. Payal Wadhwa Kaipunjal

  20. Reliance Equity Hybrid Fund - This is an open-ended hybrid scheme that was previously known as Reliance Regular Savings Fund (Balanced Option). The scheme invests majorly in equity and its related securities but also allocates a minor portion in fixed income securities.
    • Investment Objective - To produce continuous returns for the investor through investments in a blend of equity and fixed income securities.
    • Ideal for - Investors who wish to invest in a mix of fixed income and equity securities to grow their capital.

    Scheme features:

    Benchmark Index

    CRISIL Hybrid 35+65 - Aggressive Index

    Investment Options

    Direct plan with options of Growth and Dividend

    Minimum Investment

    Rs.500

    Entry Load

    Not Applicable

    Exit Load

    10% of units can be redeemed without any exit load within 1 ear of unit allocation. However any redemption over 10% before 1 year from unit allotment date will be charged an exit load of 1% and is based on FIFO (First In First Out). No exit load for redemption or switch out after 1 year

    Riskometer

    Moderately High

    Fund Manager

    Mr. Sanjay Parekh and Mr. Amit Tripathi

  21. Reliance Arbitrage Fund - Previously known as the Reliance Arbitrage Advantage Fund, this open-ended scheme invests in arbitrage opportunities.
    • Investment Objective - To produce income for the investor by taking advantage of arbitrage opportunities that exist in the cash and derivatives market.
    • Ideal for - Investors who seek income over a short term through investments in arbitrage opportunities.

    Scheme features:

    Benchmark Index

    CRISIL Liquid Fund Index

    Investment Options

    Regular and Direct plans with options of Growth and Dividend

    Minimum Investment

    Rs.5,000

    Entry Load

    Not Applicable

    Exit Load

    0.25% exit load will apply if the investor exits before 1 month from unit allotment date. No exit load thereafter

    Riskometer

    Moderately Low

    Fund Manager

    Ms. Payal Wadhwa Kaipunjal

  22. Reliance Japan Equity Fund - This is an open-ended equity scheme that follows the Japan focussed theme. It aims at creating a portfolio of companies listed in the stock exchanges of Japan and have a high growth potential.
    • Investment Objective - The primary objective of the fund is to offer capital gains and continuous returns to the investor by investing in equity and its related securities of firms listed in the stock exchanges of Japan. The secondary objective is to offer consistent returns to the investor through debt and money market investments in India.
    • Ideal for - Investors who wish to achieve capital appreciation over a long term through investment in stocks of firms in Japan with high growth potential.

    Scheme features:

    Benchmark Index

    TOPIX (Tokyo Stock Price Index)

    Investment Options

    Regular and Direct plans with options of Growth and Dividend

    Minimum Investment

    Rs.5,000

    Entry Load

    Not Applicable

    Exit Load

    1% exit load will apply if the investor exits before 1 year from unit allotment date. No exit load thereafter

    Riskometer

    High

    Fund Manager

    Ms. Kinjal Desai and Ms. Anju Chhajer

  23. Reliance ETF Sensex - It is an open-ended index exchange traded scheme that tracks the performance of S&P BSE Sensex Index.
    • Investment Objective - To offer investment returns similar to the returns offered by the S&P BSE Sensex Index, subject to tracking errors.
    • Ideal for - Investors aiming to grow their capital and with a moderate appetite for risk.

    Scheme features:

    Benchmark Index

    S&P BSE Sensex Index

    Investment Options

    Not applicable

    Minimum Investment Amount during NFO

    Rs.5,000

    Entry Load

    Not Applicable

    Exit Load

    Nil

    Riskometer

    Moderately High

    Fund Manager

    Ms. Payal Wadhwa Kaipunjal

  24. Reliance Equity Savings Fund - This is an open-ended scheme that invests in equity, debt, and arbitrage securities. The fund aims to seize the growth potential of equity securities and generate regular income through investment in arbitrage and fixed income instruments.
    • Investment Objective - To create income and capital gains for the investor through investment in arbitrage, equity, and fixed income securities.
    • Ideal for - Investors who wish to receive regular income while growing their capital over a long term.

    Scheme features:

    Benchmark Index

    40% of CRISIL Liquid Fund Index + 30% of CRISIL Short Term Bond Fund Index + 30% in Nifty 50 Index

    Investment Options

    Regular and Direct plans with options of Growth and Dividend

    Minimum Investment

    Rs.5,000

    Entry Load

    Not Applicable

    Exit Load

    No exit load will be charged for redemption of 10% of the units before 1 year from unit allotment date. For redemption/switch out for more than 10% of units, 1% will be charged as exit load if the exit is before 1 year. No exit load thereafter

    Riskometer

    Moderately High

    Fund Manager

    Mr. Sanjay Parekh and Ms. Anju Chhajer

  25. Reliance ETF NV20 - This is an open-ended index exchange traded scheme which is passively managed and mirrors the performance of Nifty 50 Value 20 Index. For investments made after 1 April 2017, no deduction shall be allowed under the Rajiv Gandhi Equity Savings Scheme.
    • Investment Objective - To generate returns on capital similar to the returns offered by the Nifty 50 Value 20 Index, subject to tracking errors.
    • Ideal for - Investors who wish to achieve capital growth through investment in equity and its related securities replicating the components of the Nifty 50 Value 20 Index.

    Scheme features:

    Benchmark Index

    Nifty 50 Value 20 Index

    Investment Options

    Not applicable

    Minimum Investment Amount during NFO

    Rs.5,000

    Entry Load

    Not Applicable

    Exit Load

    Nil

    Riskometer

    Moderately High

    Fund Manager

    Ms. Payal Wadhwa Kaipunjal

  26. Reliance US Equity Opportunities Fund - This is an open-ended equity scheme that follows the US focussed theme and invests in high quality stocks of firms listed on the stock exchanges of US. The scheme intends to follow the Hare Strategy of investment where the portfolio concentrates on stocks of firms experiencing speedy growth and are highly competitive.
    • Investment Objective - To offer capital gains to the investor through investments in equity and its related instruments of companies listed on US stock exchanges while also generating consistent returns through investments in fixed income securities.
    • Ideal for - Investors who wish to achieve capital growth over a long term and have a high appetite for risk.

    Scheme features:

    Benchmark Index

    S&P 500 Index

    Investment Options

    Regular and Direct plans with options of Growth and Dividend

    Minimum Investment

    Rs.5,000

    Entry Load

    Not Applicable

    Exit Load

    1% exit load if redeemed/switched out before 1 year from unit allotment date. No exit load thereafter

    Riskometer

    High

    Fund Manager

    Ms. Kinjal Desai and Ms. Anju Chhajer

  27. Reliance ETF Long Term Gilt - This is an open-ended index exchange traded fund (ETF) that mimics the performance of the Nifty 8-13 year G-Sec Index. The scheme adopts a passive investment strategy by investing in securities that make up the Nifty 8-13 year G-Sec Index in the same percentage.
    • Investment Objective - To generate returns similar to the returns generated by the Nifty 8-13 year G-Sec Index, subject to tracking errors.
    • Ideal for - Investors who seek income over a long term and who prefer investing in gilt securities.

    Scheme features:

    Benchmark Index

    Nifty 8-13 year G-Sec Index

    Investment Options

    Not applicable

    Minimum Investment Amount during NFO

    Rs.5,000

    Entry Load

    Not Applicable

    Exit Load

    Nil

    Riskometer

    Moderate

    Fund Manager

    Mr. Prashant Pimple

  28. CPSE ETF - This is an open-ended index exchange traded scheme that mimics the performance of Nifty CPSE Index. For investments made in this scheme after 1 April 2017, no deduction shall be allowed under the Rajiv Gandhi Equity Savings Scheme.
    • Investment Objective - To produce returns that commensurate with the returns offered by the Nifty CPSE Index through investment in securities that make up the Nifty CPSE Index.
    • Ideal for - Investors who wish to achieve capital appreciation over a long term and with a high appetite for risk.

    Scheme features:

    Benchmark Index

    Nifty CPSE Index

    Investment Options

    Growth

    Minimum Investment

    1 unit when invested through stock exchange and 1,00,000 units when invested directly with mutual fund

    Entry Load

    Not Applicable

    Exit Load

    Nil

    Riskometer

    High

    Fund Manager

    Ms. Payal Wadhwa Kaipunjal

  29. Reliance ETF Gold BeES - This is an open-ended scheme that is traded in the stock exchange and invests in physical gold and gold-related securities.
    • Investment Objective - To offer returns to the investor that commensurates with the returns offered by physical gold through investments in gold and its related securities.
    • Ideal for - Investors who wish to diversify their investment portfolio by allocating assets in physical gold.

    Scheme features:

    Benchmark Index

    Domestic Price of Gold

    Investment Options

    Growth

    Minimum Investment

    1 unit when invested through stock exchange and 1,000 units when invested directly with mutual fund

    Entry Load

    Not Applicable

    Exit Load

    Nil

    Riskometer

    Moderately High

    Fund Manager

    Ms. Payal Wadhwa Kaipunjal

  30. Reliance ETF Bank BeES - This is an open-ended index exchange traded scheme that mirrors the performance of the Nifty Bank Index and employs a passive approach of investment. No deduction will be allowed for any fresh investment made after 1 April 2017 under the Rajiv Gandhi Equity Savings Scheme.
    • Investment Objective - To generate returns for the investor that match the returns offered by securities constituting the Nifty Bank Index.
    • Ideal for - Investors who prefer investing in securities constituting the Nifty Bank Index to achieve capital gains over a long term.

    Scheme features:

    Benchmark Index

    Nifty Bank Index

    Investment Options

    Growth

    Minimum Investment

    1 unit when invested through stock exchange and 1,000 units when invested directly with mutual fund

    Entry Load

    Not Applicable

    Exit Load

    Nil

    Riskometer

    High

    Fund Manager

    Ms. Payal Wadhwa Kaipunjal

  31. Reliance ETF PSU Bank BeES - This is an open-ended index exchange traded scheme that tracks the performance of Nifty PSU Bank Index.
    • Investment Objective - To offer returns that are similar to the returns offered by securities representing the Nifty PSU Bank Index.
    • Ideal for - Investors who wish to achieve capital gains over a long term through investments in securities that constitute the Nifty PSU Bank Index.

    Scheme features:

    Benchmark Index

    Nifty PSU Bank Index

    Investment Options

    Growth

    Minimum Investment

    1 unit when invested through stock exchange and 5,000 units when invested directly with mutual fund

    Entry Load

    Not Applicable

    Exit Load

    Nil

    Riskometer

    High

    Fund Manager

    Ms. Payal Wadhwa Kaipunjal

  32. Reliance ETF Shariah BeES - This is an open-ended index exchange traded scheme that invests in constituent securities of Nifty50 Shariah Index and employs passive approach of investment. No deduction will be allowed for any fresh investment made after 1 April 2017 under the Rajiv Gandhi Equity Savings Scheme.
    • Investment Objective - To produce returns for the investor that match the returns offered by the Nifty50 Shariah Index.
    • Ideal for - Investors who wish to achieve capital appreciation over a long term through investment in securities that make up the Nifty50 Shariah Index.

    Scheme features:

    Benchmark Index

    Nifty50 Shariah Index

    Investment Options

    Growth

    Minimum Investment

    1 unit when invested through stock exchange and 10,000 units when invested directly with mutual fund

    Entry Load

    Not Applicable

    Exit Load

    Nil

    Riskometer

    Moderately High

    Fund Manager

    Ms. Payal Wadhwa Kaipunjal

  33. Reliance ETF Infra BeES - This is an open-ended index scheme that is listed on the stock exchange and tracks the Nifty Infrastructure Index.
    • Investment Objective - To produce returns similar to the returns offered by the Nifty Infrastructure Index through investment in securities in proportions that correspond to the index.
    • Ideal for - Investors who have a high appetite for risk and wish to grow their capital over a long term.

    Scheme features:

    Benchmark Index

    Nifty Infrastructure Index

    Investment Options

    Growth

    Minimum Investment

    1 unit when invested through stock exchange and 5,000 units when invested directly with mutual fund

    Entry Load

    Not Applicable

    Exit Load

    Nil

    Riskometer

    High

    Fund Manager

    Ms. Payal Wadhwa Kaipunjal

  34. Reliance ETF Junior BeES - This is an open-ended index exchange traded scheme that invests in securities that constitute the Nifty Next 50 Index by employing a passive approach of investment.
    • Investment Objective - To produce returns similar to the returns generated by the Nifty Next 50 Index by mimicking its performance.
    • Ideal for - Investors who wish to grow their investments over the long term and have a moderately-high appetite for risk.

    Scheme features:

    Benchmark Index

    Nifty Next 50 Index

    Investment Options

    Growth

    Minimum Investment

    1 unit when invested through stock exchange and 16,000 units when invested directly with mutual fund

    Entry Load

    Not Applicable

    Exit Load

    Nil

    Riskometer

    Moderately High

    Fund Manager

    Ms. Payal Wadhwa Kaipunjal

  35. Reliance ETF Hang Seng BeES - This is an open-ended index exchange traded scheme that tracks the performance of Hang Seng Index by investing in the same securities in the same percentage as the index.
    • Investment Objective - To generate returns that match the returns offered by the Hang Seng Index of Hang Seng Data Services Limited.
    • Ideal for - Investors have a high appetite for risk to invest in securities constituting the Hang Seng Index.

    Scheme features:

    Benchmark Index

    Hang Seng Index

    Investment Options

    Growth

    Minimum Investment

    1 unit when invested through stock exchange and 2,500 units when invested directly with mutual fund

    Entry Load

    Not Applicable

    Exit Load

    Nil

    Riskometer

    High

    Fund Manager

    Ms. Kinjal Desai and Mr. Siddharth Deb

  36. Reliance ETF Liquid BeES - This is an open-ended liquid scheme which is listed on the stock exchange and invests in repo/reverse repo/CBLO (Collateralised Borrowing and Lending Obligation) with daily dividend that is reinvested compulsorily.
    • Investment Objective - To produce returns and current income for the investor by investing in a portfolio of repo, reverse repo, and CBLO. The returns generated will mirror the returns offered by the Nifty 1D Rate Index.
    • Ideal for - Investors who seek current income with high level of liquidity and prefer investing in CBLO/repo/reverse repo, and money market securities.

    Scheme features:

    Benchmark Index

    Nifty 1D Rate Index

    Investment Options

    Daily Dividend Reinvestment

    Minimum Investment

    1 unit when invested through stock exchange and 2500 units when invested directly with mutual fund

    Entry Load

    Not Applicable

    Exit Load

    Nil

    Riskometer

    Low

    Fund Manager

    Mr. Siddharth Deb

  37. Reliance ETF Nifty BeES - This is an open-ended index exchange traded scheme that invests in securities represented by Nifty 50 Index in the same proportion.
    • Investment Objective - To offer capital returns that commensurate with the returns provided by the Nifty 50 Index.
    • Ideal for - Investors who wish to achieve capital gains over a long term and prefer investing in securities that constitute the Nifty 50 Index.

    Scheme features:

    Benchmark Index

    Nifty 50 Index

    Investment Options

    Growth

    Minimum Investment

    1 unit when invested through stock exchange and 5,000 units when invested directly with mutual fund

    Entry Load

    Not Applicable

    Exit Load

    Nil

    Riskometer

    Moderately High

    Fund Manager

    Ms. Payal Wadhwa Kaipunjal

Debt Funds by Reliance Mutual Fund

Debt schemes are those that invest in fixed income securities and are ideal for anyone looking to preserve their capital as these schemes come with low risks. Some of the fixed income securities that debt funds may invest in are bonds (short term or long term), government securities, money market instruments, etc.

Reliance Mutual Fund offers 13 schemes in the debt category and their features have been given below:

  1. Reliance Floating Rate Fund - This scheme was previously called as Reliance Floating Rate Fund-Short Term Plan and is an open-ended debt scheme that mainly invests in floating rate securities including fixed rate securities that have been converted to floating rate exposures using derivatives/swaps.
    • Investment Objective - To produce regular income for the investor through investments in money market, floating rate, and fixed rate debt securities.
    • Ideal for - Investors who seek income over a short term and prefer to invest in floating rate securities.

    Scheme features:

    Benchmark Index

    CRISIL Liquid Fund Index

    Investment Options

    Direct and regular plans with growth and dividend options

    Minimum Investment

    Rs.5,000

    Entry Load

    Not Applicable

    Exit Load

    0.5% exit load will apply on redemption or switch out before 1 month from unit allotment date. No exit load thereafter

    Riskometer

    Moderately Low

    Fund Manager

    Mr. Amit Tripathi and Mr. Vivek Sharma

  2. Reliance Low Duration Fund - Previously known as the Reliance Money Manager Fund, this open-ended low duration debt scheme invests in debt and money market securities so that the portfolio’s Macaulay Duration is between 6 to 12 months.
    • Investment Objective - To produce favourable, consistent returns with moderate degree of liquidity and risk through investment in debt and money market securities.
    • Ideal for - Investors who are looking at receiving income over a short term and prefer to invest in fixed income securities.

    Scheme features:

    Benchmark Index

    CRISIL Ultra Short Term Debt Index

    Investment Options

    Direct and regular plans with growth and dividend options

    Minimum Investment

    Rs.10,000 for daily dividend option

    Rs.5,000 for weekly dividend option

    Rs.500 for all other options

    Entry Load

    Not Applicable

    Exit Load

    Nil

    Riskometer

    Moderately Low

    Fund Manager

    Ms. Anju Chhajer and Mr. Amit Tripathi

  3. Reliance Prime Debt Fund - This scheme was previously known as Reliance Medium Term Fund and is an open-ended debt scheme that invests mainly in corporate bonds rated AA+ and above.
    • Investment Objective - To produce income for the investor by investing in debt securities across maturities with an intent to maximise income while maintaining the most favourable balance of safety, liquidity, and yield.
    • Ideal for - Investors who seek income over a medium term through investment in corporate bonds rated AA+ and above.

    Scheme features:

    Benchmark Index

    CRISIL Short Term Bond Fund Index

    Investment Options

    Direct and regular plans with growth and dividend options

    Minimum Investment

    Rs.1,000 for growth plan and Rs.5,000 for all other plans

    Entry Load

    Not Applicable

    Exit Load

    Nil

    Riskometer

    Moderate

    Fund Manager

    Mr. Amit Tripathi and Ms. Anju Chhajer

  4. Reliance Short Term Fund - This is an open-ended short term debt scheme that invests in securities so that the portfolio’s Macaulay Duration is between 1 to 3 years. The scheme allocates a majority of its investments on SDLs or GSecs or superior grade bonds with duration between 1 to 5 years to generate alpha.
    • Investment Objective - To produce steady returns for the investor over a short-term investment horizon through investment in money market and debt securities.
    • Ideal for - Investors who are looking at receiving income over a short term and prefer investing in fixed income securities.

    Scheme features:

    Benchmark Index

    CRISIL Short Term Bond Fund Index

    Investment Options

    Direct and regular plans with growth and dividend options

    Minimum Investment

    Rs.5,000

    Entry Load

    Not Applicable

    Exit Load

    Nil

    Riskometer

    Moderately Low

    Fund Manager

    Mr. Prashant Pimple

  5. Reliance Credit Risk Fund - This scheme was previously known as Reliance Regular Savings Fund-Debt Option and is an open-ended debt scheme that majorly invests in corporate bonds rated AA and below.
    • Investment Objective - To generate most favourable, continuous returns for the investor with moderate degree of risk while also offering capital appreciation.
    • Ideal for - Investors who seek steady income over medium term and prefer investing in corporate bonds rated below AA.

    Scheme features:

    Benchmark Index

    Crisil Composite Bond Fund Index

    Investment Options

    Direct and regular plans with growth and dividend options

    Minimum Investment

    Rs.500

    Entry Load

    Not Applicable

    Exit Load

    10% of the units can be redeemed before 1 year from unit allotment date without any exit load levied. For redemption over 10% of units before 1 year, 1% exit load will be charged. No exit load thereafter

    Riskometer

    Moderate

    Fund Manager

    Mr. Prashant Pimple

  6. Reliance Income Fund - This is an open-ended medium term debt fund that invests in securities so that the portfolio’s duration is between 4 years to 7 years. It employs an investment strategy of generating alpha by using high level assets such as government securities, IRS, and IRF curve.
    • Investment objective - To produce steady, most favourable returns for the investor with a moderate risk level through investments in money market and debt securities.
    • Ideal for - Investors who are looking to receive income over a medium to long term and prefer to invest in a portfolio, the Macaulay Duration which is of 4 years to 7 years.

    Scheme features:

    Benchmark Index

    CRISIL Composite Bond Fund Index

    Investment Options

    Direct and regular plans with growth and dividend options

    Minimum Investment

    • Rs.5,000 for the Growth Plan
    • For the Dividend Reinvestment and Dividend Payout options,
      • Monthly dividend option - Rs.25,000
      • Quarterly dividend option - Rs.10,000
      • Half-yearly dividend option - Rs.5,000
      • Annual dividend option - Rs.5,000

    Entry Load

    Not Applicable

    Exit Load

    0.25% exit load will be charged for redemption/switch out before 15 days from unit allotment date. No exit load will be applicable thereafter

    Riskometer

    Moderate

    Fund Manager

    Mr. Prashant Pimple

  7. Reliance Dynamic Bond Fund - This is an open-ended dynamic debt scheme that invests in securities across duration. The scheme will invest in high grade securities such as corporate bonds, SDLs, and government securities.
    • Investment objective - To produce continuous, most favourable returns for the investor accompanied with capital appreciation by investing in debt and money market securities.
    • Ideal for - Investors who seek steady income over a long term and wish to invest in fixed income securities across duration.

    Scheme features:

    Benchmark Index

    CRISIL Composite Bond Fund Index

    Investment Options

    Direct and regular plans with growth and dividend options

    Minimum Investment

    Rs.5,000

    Entry Load

    Not Applicable

    Exit Load

    1% exit load will apply if investor exits before 1 year from unit allotment date. No exit load thereafter

    Riskometer

    Moderate

    Fund Manager

    Mr. Prashant Pimple

  8. Reliance Gilt Securities Fund - This is an open-ended debt scheme that invests in government securities across maturity following a two-pronged strategy of core and tactical. The core strategy will reflect on yield curve and interest rates while the tactical strategy aims to benefit from short term opportunities existing in the market.
    • Investment objective - To produce credit risk-free and most favourable returns through investment in central and state government securities.
    • Ideal for - Investors who wish to receive income over a long term and prefer investing in government securities.

    Scheme features:

    Benchmark Index

    I-Sec Li-Bex

    Investment Options

    Direct and regular plans with growth, dividend, and provident fund options

    Minimum Investment

    Rs.5,000

    Entry Load

    Not Applicable

    Exit Load

    0.25% exit load will be charged if investor redeems/switches out before 15 days from unit allotment date. No exit load will be charged thereafter

    Riskometer

    Moderate

    Fund Manager

    Mr. Prashant Pimple

  9. Reliance Hybrid Bond Fund - This open-ended hybrid scheme was previously known as Reliance Monthly Income Plan and mainly invests in debt securities. It also allocates a minor portion to equity and its related securities.
    • Investment objective - To produce frequent income for the investor while growing the capital through investments in debt securities.
    • Ideal for - Investors who wish to receive regular income over a long term and prefer to invest in a mix of equity and debt securities.

    Scheme features:

    Benchmark Index

    CRISIL Hybrid 85+15 - Conservative Index

    Investment Options

    Direct and regular plans with growth and dividend options

    Minimum Investment

    Rs.5,000

    Entry Load

    Not Applicable

    Exit Load

    No exit load will be charged for 10% of units if investor redeems/switch out before 1 year from unit allotment date. However, redemption/switch out before 1 year will attract an exit load of 1% for units over 10%. No exit load for exit after 1 year

    Riskometer

    Moderately High

    Fund Manager

    Mr. Sanjay Parekh and Mr. Amit Tripathi

  10. Reliance Money Market Fund - This is an open-ended debt scheme that was formerly known as Reliance Liquidity Fund and invests in money market securities such as commercial papers, certificates of deposits, etc. The portfolio duration of the securities will be maintained between 80 to 120 days.
    • Investment objective - To produce continuous and most favourable returns for the investor while also offering liquidity through investments in money market instruments.
    • Ideal for - Investors who seek to receive income over a short term and prefer investing in money market securities with residual maturity of up to 1 year.

    Scheme features:

    Benchmark Index

    CRISIL Liquid Fund Index

    Investment Options

    Direct and regular plans with growth, dividend, and bonus options

    Minimum Investment

    For daily dividend option Rs.10000. For all other options Rs.5,000

    Entry Load

    Not Applicable

    Exit Load

    Nil

    Riskometer

    Moderately Low

    Fund Manager

    Mr. Vivek Sharma and Mr. Amit Tripathi

  11. Reliance Ultra Short Duration Fund - This is an open-ended ultra short term debt scheme that was previously known as Reliance Liquid Fund-Cash Plan. The scheme invests in fixed income securities (debt and money market) so that the portfolio’s Macaulay Duration is between 3 months and 6 months.
    • Investment objective - To produce continuous, optimal returns with risk of moderate level, and offer liquidity through investment in debt and money market securities.
    • Ideal for - Investors who seek income over a short term and have a moderately low appetite for risk.

    Scheme features:

    Benchmark Index

    CRISIL Liquid Fund Index

    Investment Options

    Direct and regular plans with growth and dividend options

    Minimum Investment

    Rs.100 for all plans except for daily dividend where minimum investment should be Rs.10,000 and for weekly dividend, the minimum investment should be Rs.5,000

    Entry Load

    Not Applicable

    Exit Load

    Nil

    Riskometer

    Moderately Low

    Fund Manager

    Mr. Vivek Sharma and Ms. Anju Chhajer

  12. Reliance Strategic Debt Fund - Previously known as the Reliance Classic Bond Fund, this open-ended medium term debt scheme invests in securities so that the portfolio’s Macaulay Duration is between 3 years and 4 years.
    • Investment objective - To produce income for the investor by investing in a spectrum of debt and money market securities across maturities while also offering safety and liquidity of the investments.
    • Ideal for - Investors who seek income over a medium term and prefer to invest in low risk securities such as debt and money market instruments.

    Scheme features:

    Benchmark Index

    Crisil Composite Bond Fund Index

    Investment Options

    Direct and regular plans with growth, dividend, and bonus options

    Minimum Investment

    Rs.5,000

    Entry Load

    Not Applicable

    Exit Load

    Investor will be charged an exit load of 1% if he/she redeems/switches out before 1 year from the unit allotment date. No exit load will be charged thereafter

    Riskometer

    Moderate

    Fund Manager

    Mr. Prashant Pimple

  13. Reliance Banking & PSU Debt Fund - This is an open-ended debt scheme that majorly invests in debt securities of public sector undertakings (PSUs), banks, municipal bonds, and public financial institutions. The portfolio duration of the scheme may range between 2 to 3 years.
    • Investment objective - To produce income for the investor over short to medium term by investing in debt and money market securities issued by banks, public financial institutions (PFIs), PSUs, etc.
    • Ideal for - Investors who are looking to receive income over short to medium term and prefer investing in fixed income securities.

    Scheme features:

    Benchmark Index

    CRISIL Short Term Bond Fund Index

    Investment Options

    Direct and regular plans with growth and dividend options

    Minimum Investment

    Rs.5,000

    Entry Load

    Not Applicable

    Exit Load

    Nil

    Riskometer

    Moderately Low

    Fund Manager

    Ms. Anju Chhajer and Mr. Vivek Sharma

Gold Funds by Reliance Mutual Fund

Reliance Gold Savings Fund - This is an open-ended Fund of Fund (FoF) scheme that employs an investment strategy that is designed to mimic the performance of the Reliance ETF Gold BeEs by investing in it.

  1. Investment objective - To offer returns that closely match the returns offered by Reliance ETF Gold BeEs.
    • Ideal for - Investors who wish to achieve capital gains over a long term and returns similar to the Reliance ETF Gold BeEs.

    Scheme features:

    Benchmark Index

    Domestic price of gold

    Investment Options

    Direct and regular plans with growth and dividend options

    Minimum Investment

    Rs.1,000

    Entry Load

    Not Applicable

    Exit Load

    2% of exit load will apply if the investor redeems/switches out before 1 year from unit allotment date. No exit load, thereafter.

    Riskometer

    Moderately High

    Fund Manager

    Ms. Payal Wadhwa Kaipunjal

Liquid Funds by Reliance Mutual Fund

Reliance Liquid Fund - This plan was previously known as Reliance Liquid Fund-Treasury Plan and is an open-ended liquid scheme that invests in debt and money market securities with a maturity of up to 91 days. Under normal market conditions, the portfolio’s average maturity can range between 30 and 60 days.

  1. Investment Objective - To produce most favourable returns for the investor with moderate degree of risk and also offer high liquidity through investment in debt and money market securities.
    • Ideal for - Investors who have a low appetite for risk and wish to receive income over a short term through investment in fixed income securities.

    Scheme features:

    Benchmark Index

    CRISIL Liquid Fund Index

    Investment Options

    Direct and regular plans with growth and dividend options

    Minimum Investment

    Rs.100 for all options except the Daily Dividend option for which the minimum investment is Rs.10,000 and the Weekly Dividend option for which the minimum investment amount is Rs.5,000

    Entry Load

    Not Applicable

    Exit Load

    Nil

    Riskometer

    Low

    Fund Manager

    Ms. Anju Chhajer

Retirement Funds by Reliance Mutual Fund

For investors who wish to plan their retirement, Reliance Mutual Fund offers 2 schemes -

  • Reliance Retirement Fund - Wealth Creation Scheme
  • Reliance Retirement Fund - Income Generation Scheme

Both these schemes have been explained below:

  1. Reliance Retirement Fund - Wealth Creation Scheme - This is an open-ended retirement solution oriented scheme that has a lock-in period of 5 years or till the investor reaches retirement age (whichever is earlier). The fund invests in a mix of equity and fixed income securities.
    • Investment objective - To offer capital appreciation that is in line with the retirement goals of the investor through investment in a mix of equity, equity-related, and fixed income securities.
    • Ideal for - Investors who wish to receive income over a long term while also growing their capital and prefer investing in a mix of equity and fixed income securities.

    Scheme features:

    Benchmark Index

    S&P BSE 500 Index

    Investment Options

    Direct and regular plans with growth and dividend options

    Minimum Investment

    Rs.5,000

    Entry Load

    Not Applicable

    Exit Load

    Nil

    Riskometer

    Moderately High

    Fund Manager

    Mr. Sanjay Parekh and Ms. Anju Chhajer

  2. Reliance Retirement Fund - Income Generation Scheme - This is an open-ended retirement solution oriented scheme that has a lock-in period of 5 years or till the investor attains retirement age (whichever is earlier) and invests in a mix of debt, equity, and equity-related securities to achieve favourable returns.
    • Investment objective - To offer capital gains while also offering continuous returns that is in line with the retirement goals of the investor through investment in a blend of equity and fixed income securities.
    • Ideal for - Investors who wish to receive income while also achieving capital growth over a long term.

    Scheme features:

    Benchmark Index

    Crisil Hybrid 85+15 - Conservative Index

    Investment Options

    Direct and regular plans with growth and dividend options

    Minimum Investment

    Rs.5,000

    Entry Load

    Not Applicable

    Exit Load

    Nil

    Riskometer

    Moderately High

    Fund Manager

    Mr. Sanjay Parekh and Ms. Anju Chhajer

Exchange-Traded Funds (ETFs) by Reliance Mutual Fund

Exchange-Traded Funds (ETFs) trade on a stock exchange and track an index, bonds, a commodity, or a basket of securities. ETFs offer an attractive investment solution due to their tax efficiency, low costs, and stock-like features. In the ETF category, Reliance Mutual Fund offers 15 funds which are given as below:

  1. Reliance ETF Hang Seng BeES
  2. Reliance ETF Infra BeES
  3. Reliance ETF Junior BeES
  4. Reliance ETF PSU Bank BeES
  5. Reliance ETF Shariah BeES
  6. Reliance ETF Gold BeES
  7. Reliance ETF Bank BeES
  8. Reliance ETF Nifty BeES
  9. Reliance ETF Nifty 100
  10. Reliance ETF Consumption
  11. Reliance ETF Dividend Opportunities
  12. Reliance ETF Long Term Gilt
  13. Reliance ETF NV20
  14. Reliance ETF Sensex
  15. CPSE ETF

All the above-mentioned schemes have been mentioned under the ‘Equity schemes by Reliance Mutual Fund’ section.

Eligibility for investing in Reliance Mutual Fund

The below list of persons/entities are eligible to subscribe to the units of Reliance Mutual Fund:

  • Adult individuals residing in India, either singly or jointly (cannot exceed 3 people)
  • Minors through legal guardian or parent
  • Hindu Undivided Family (HUF)
  • Non-Resident Indians (NRIs), Persons of Indian Origin (PIO) on repatriation or non-repatriation basis
  • Companies, corporate bodies, Public Sector Undertakings (PSUs), Societies registered under the Societies Registration Act, 1860
  • Partnership firms formed under the Partnership Act, 1932
  • Religious and Charitable Trusts, Wakfs or endowments of private trusts
  • Qualified Foreign Investor and Foreign Portfolio Investor
  • Unincorporated body of persons as may be accepted by RCTC
  • Financial institutions and banks (including Regional Rural Banks and Co-operative Banks)
  • Scientific and Industrial Research Organisations
  • Special Purpose Vehicles (SPVs) approved by appropriate authority
  • Army, Navy, Air Force, and other paramilitary funds
  • International Multilateral Agencies approved by the RBI and Government of India
  • Mutual fund schemes registered with SEBI (Securities and Exchange Board of India)

Documents required for investing in Reliance Mutual Fund

When investing in schemes of Reliance Mutual Fund, the investor will need to fill up an application form furnishing his/her personal details, name of the scheme, investment options, and the plan he/she wishes to invest in. The form needs to be submitted along with the below-given documents:

  • Acknowledgement of KYC (Know Your Customer) process
  • Cancelled cheque in case of an SIP (Systematic Investment Plan) with an ECS facility
  • Minors need to submit a third party declaration form and proof of relationship with the parent or guardian.
  • Other entities need to submit the below-given documents:

Document

Companies

Societies

Trusts

FIIs

Partnership Firms

Investments through Constituted Attorney

Trust Deed

-

-

Yes

-

-

-

List of Authorised Signatories with Specimen Signatures

Yes

Yes

Yes

Yes

Yes

Yes

Resolution/Authorisation to Invest

Yes

Yes

Yes

Yes

Yes

-

Memorandum and Articles of Association

Yes

-

-

-

-

-

Bye-Laws

-

Yes

-

-

-

-

Overseas Auditor’s Certificate

-

-

-

Yes

-

-

Partnership Deed

-

-

-

-

Yes

-

Proof of PAN

Yes

Yes

Yes

Yes

Yes

Yes

Notarised Power of Attorney

-

-

-

-

-

Yes

KYC

Yes

Yes

Yes

Yes

Yes

Yes

How to invest in Reliance Mutual Fund online?

There are 2 ways in which an investor can invest in the schemes of Reliance Mutual Fund - online and offline. To invest through the online mode, investors need to follow the below given steps:

  • Visit the official site of Reliance Mutual Fund at www.reliancemutual.com.
  • On the right hand side top corner, there is a ‘Register’ button that the investor needs to click on.
  • Once the registration is done, the investor can login using the username and password.
  • If the investor is investing for the first time or he/she wishes to invest without logging in, he/she needs to click on the ‘Invest Without Login/First Time Investor’ button and enter the PAN (Permanent Account Number).
  • On entering the PAN, the system will verify if the investor is KYC (Know Your Customer) compliant.
  • Once it is verified, the investor can select a scheme, make an online payment and start investing.

To invest offline, investors can simply visit a branch office of Reliance Mutual Fund or speak to a distributor of Reliance Mutual Fund. The investor will then be provided an application form accordingly which he/she needs to fill up and submit at the branch or to the distributor along with the necessary documents.

Why invest in Reliance Mutual Fund?

  • Robust distribution network - Reliance Mutual Fund has one of the broadest distribution networks in India and even expands to Mauritius, Singapore, and United Kingdom. Across India, its network spans to almost 160 locations.
  • Lineage - Reliance Mutual Fund is managed by Reliance Nippon Life Asset Management Limited (RNAM) which is a part of Reliance Capital Ltd (RCL). RCL is a registered NBFC (Non-Banking Financial Company) with the Reserve Bank of India (RBI). Also, 49% of stakes in Reliance Mutual Fund are held by Nippon Life Insurance, a global insurance provider. With such a rich lineage, your money definitely is in trustworthy hands.
  • Expertise - The fund managers at Reliance Mutual Fund are experts in managing investments and come with a rich experience of many years across asset classes. In addition to that, the fund managers are backed by a team of risk management specialists who ensure that your investment is well protected.
  • Pioneering trends - Reliance Mutual Fund always endeavours to offer simplified investment solutions to investors and was the first in the industry to launch a Reliance Gold Savings Fund, an open-ended Fund of Fund (FoF).
  • The people’s choice - The fund house has served investors for almost 2 decades offering various products to cater to various categories of investors such as banks, retail investors, trusts, financial institutions, government entities, corporates, etc. This is an indication that it is a brand trusted by many investors.

Frequently Asked Questions (FAQs)

  1. When I invest in a mutual fund, what do I receive as a proof?
  2. Answer: When you invest in a mutual fund, units will be allotted to you for the amount you invested depending on the NAV (Net Asset Value) of the scheme on the day of investment. You will also receive a statement of account containing your personal, bank, and tax details on a periodic basis along with the details of transactions performed.

  3. Are there any expenses and costs involved when I invest in a mutual fund?
  4. Answer: Yes. there are certain recurring expenses that mutual funds incur for managing the scheme. These charges are charged to the scheme and some of these are:

    • Brokerage and other transaction costs
    • Establishment and administrative expenses in proportion to the scheme assets
    • Service Tax
    • Fund management fees to the Asset Management Company (AMC)
    • Scheme advertising expenses and commissions to distributors
    • Fees pertaining to listing of the scheme or depository
    • Fees for various service providers involved such as Transfer Agents, custodian, Trustees, Auditors, Registrar, etc.
    • Costs incurred on account statements, investor communication, redemption cheques, dividends, and warrants.
  5. Is investing in a mutual fund safe?
  6. Answer: Yes it is. The Securities and Exchange Board of India (SEBI) is the regulator of mutual funds which ensures that the interest of investors is protected. All mutual funds function under SEBI’s regulatory ambit. To ensure the judicious functioning of mutual funds and to safeguard the interests of the investors, SEBI has made it mandatory for mutual funds to elaborate the investment guidelines and report the requirements while also stipulating how the investor’s money should be invested. These regulations in turn, make mutual funds one of the most transparent investment tools available in India.

    Also, mutual funds need to be compliant with the guidelines devised by the Association of Mutual Funds in India (AMFI) to ensure that professional ethics is practiced.

  7. Is there a right time to sell or exit a mutual fund scheme?
  8. Answer: Decisions regarding investment and exit are associated with the financial goals of an individual. If you feel that the objective of your investment is nearing completion, you can exit the scheme. Debt and equity investments can only be sold in phases and have to be done much in advance before the completion of the goal, depending on the condition of the market. On the other hand, liquid and short term debt funds can be sold just a few months or days in advance.

    The sole intention for investing in mutual funds is capital growth and if you feel that your chosen scheme is not delivering expected returns, you can exit from the scheme and switch to a scheme with better prospects. You can also exit from a scheme if you are in need of urgent funds.

  9. How do I monitor the performance of the mutual funds I have invested in?
  10. Answer: It is always advisable to monitor the performance of the funds in which you have invested, regularly. This will aid you in making timely decisions regarding redemption of units or exiting the scheme. A fund fact sheet is one of the tools that can be used to track your mutual fund investments and indicates if your scheme is performing well. The fund house will publish the fund fact sheet usually on a monthly basis and it covers - performance of the scheme, portfolio details, the investment details, and size of the scheme. The official site of the mutual fund will publish the fund fact sheet and you should refer to this document on a regular basis to keep a track of your investments.

  11. What factors should I consider while choosing a mutual fund scheme?
  12. Answer: Before you invest in a mutual fund scheme, you need to define your investment objective and the duration for which you want to invest for. You need to then understand your risk tolerance and make a list of the schemes that suit your requirements. Check for the track record of each of the schemes for their past performances. Though a good performance over the past does not guarantee good returns, it can definitely help you in making a prudent investment decision. Most importantly, you should read the scheme information document (SID) carefully before you invest in a particular scheme. Always consult a financial adviser if you have any confusions regarding the selection of funds.

  13. What is Dividend and Growth Option?
  14. Answer: When you opt for a dividend option, you will receive investment gains through dividends declared. Dividends can either be paid out on a regular basis or reinvested back into the same scheme. When a dividend is paid out, the Net Asset Value (NAV) of the unit falls by the same extent but the number of units held by the investor remains unaltered. In the dividend reinvestment option, you will not receive the dividend amount but it will be reinvested back into the same scheme and you will receive additional units which will be calculated on the prevailing NAV and dividend amount.

    Growth option, on the other hand, will declare no dividends and hence, the NAV alone would capture the whole value of capital growth.

  15. How do I get my grievances and complaints about my mutual funds resolved?
  16. Answer: If you wish to make any complaint concerning your mutual fund investments, you can get in touch with the branch office of the fund house and also the trustees of the mutual fund, the information of which will be available in the scheme information document. You can also call the helpline number of Reliance Mutual Fund at 1800-300-11111 (toll-free). If your queries are still not resolved, you can approach the Securities and Exchange Board of India directly.

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News About Reliance Mutual Fund

  • Fresh IPO papers likely to be filed by Reliance Insurance

    Private insurance firm, Reliance General Insurance is planning to submit fresh papers with the Securities and Exchange Board of India (SEBI) for the launch of an initial public offering (IPO). The insurance firm had earlier received an approval from the market regulator for the IPO but since it had to postpone the launch, a fresh draft needs to be submitted. The previous draft was submitted to the regulator on November 2017 and as the approvals hold valid only for a year, it lapsed on 29 November 2018. Reliance General Insurance was forced to postpone its IPO launch due to its failure to tap the primary markets because of the lack of appetite for the IPO by investors.

    As per sources, the company is now keen to refile the DRHP (Draft Red Herring Prospectus) and launch the IPO. The exact timing of the IPO will be based on the conditions of the market. According to the previous draft document, the IPO was supposed to comprise a fresh issue of over 1.67 crore shares by the insurance company and the sale of 5.03 crore shares by Reliance Capital. The company had planned to utilise the amount collected from the IPO to augment its solvency ratio.

    4 December 2018

  • Reliance Tax Saver Fund suffering from severe instability

    Even though the Reliance Tax Saver Fund with a 10 years return of 15.40% has outdone the performance of both of its benchmark index by 11.83% and the category average by 12.66%, it has severely underperformed since the beginning of this year. This tax-saver fund which predominantly invests in higher- mid and small-cap stocks, is currently overweight in auto, metals, and engineering sector. Although the freewheeling approach of this fund permits it to give out high returns than its competitors when the market is up, it can badly lag behind when the market is not doing well. In fact, the risk-return profile of this fund is lower than its market peers. Due to this high level of instability the Reliance Tax Saver Fund is not a preferred option for many investors currently.

    21 August 2018

  • Friendship Day Campaign Launched by Reliance Mutual Fund – Funds and Friends Are For Life

    Funds and Friends Are For Life – a Friendship Day campaign was launched by Reliance Mutual Fund through an integrated marketing firm called DViO Digital. The marketing firm concentrates on the digital transformation of businesses and brands, and the campaign concentrated on a relatable approach that was also fun considering the air around Friendship Day. What caught the attention of people most was the comparison it drew between mutual funds and friendship. Under the campaign, mutual funds are compared to the same manner in which best friends are always by your side during difficult times, adding that your investments have the potential to be the best friend that will come to your rescue in troubled times. The campaign was launched by Reliance Mutual Fund and DViO Digital for Friendship Day. The campaign performed pretty well across multiple platforms, getting 481,032 total impressions and 59,921 total engagement. The overall engagement rates recorded by the campaign was 12.45%.

    16 August 2018

  • Reliance Mutual Fund and Payworld enter into a partnership for mutual funds sale

    Digital payments firm Payworld has entered into a partnership with Reliance Mutual Funds to distribute mutual fund schemes in the rural and semi-urban areas in India. This distribution programme was started with an intent to encourage people residing in rural and semi-urban areas to make investments in mutual funds. Payworld has an aim to bring in investment opportunities in the less risky domain such as liquid mutual funds. It also plans to offer a facility of instant redemption that will allow rural consumers to enjoy liquidity and opportunity of capital appreciation while also furthering financial inclusion.

    For the implementation of the programme, Payworld will organise workshops for its distributors to enable them to address customer queries on the product. Through this partnership, both companies are looking at achieving a target of 30 lakh folios over the next 3 years with Rs.1,500 crore assets under management. In the first phase, around 400 retailers will be offered training and investors can invest for a sum as low as Rs.500.

    20 June 2018

  • Reliance Mutual Fund news - Maturity of two income schemes extended to 17 Aug

    Reliance Mutual Fund has announced the extension of the maturity period of two of its funds by 796 days each. The two funds affected are the Reliance Fixed Horizon Fund XXVIII-Series 18 and Reliance Fixed Horizon Fund XXV-Series 15. The maturity date of both schemes is now 17 Aug 2020, announced the fund house.

    Reliance Fixed Horizon Fund XXV-Series 15 was launched on 3 May 2016 and Reliance Fixed Horizon Fund XXVIII-Series 18 was launched on 7 May 2015. Both these funds were expected to mature on 13 June 2018. All other features of these schemes will remain the same.

    18 June 2018

  • Reliance Mutual Fund launches new product

    A new product was released by the Reliance Mutual Fund, called Reliance Fixed Horizon Fund XXIX-Series 9. This is a close ended scheme with the new fund offer starting on 29th September 2015 and closes on 30th September 2015. The minimum subscription for this scheme will be Rs. 5,000 with multiples of Rs.1, there will not be an entry and exit load limit for this scheme. Objective of this scheme will be to generate growth on capital and generation on returns by investing in a dynamically diverse portfolio. The scheme’s manager will be Amit Tripathi and will benchmarked at the Crisil Composite Bond Fund Index.

    29 September 2015

  • Reliance Mutual introduces new close-ended fixed income scheme

    Reliance MF has introduced a new income scheme called Reliance Fixed Horizon Fund XXIX-Series 6. This, close-ended scheme, managed by Amit Tripathi, will remain open between Sept.4th 2015 and Sept.9th 2015. The minimum investment requirement for this NFO stands at Rs.5,000 and subsequent unit purchases can be made in multiples of Re.1. The fund benchmark is the CRISIL Composite Bond Fund Index. Investments under this scheme will be in a diversified portfolio of government securities along with other fixed income instruments with the aim of containing volatility in interest rate movements. The aim is returns coupled with capital growth.

    2 September 2015

GST rate of 18% applicable for all financial services effective July 1, 2017.

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