Overview of Reliance Regular Saving - Equity Mutual Fund
- Type or nature of fund
- Investment objective
- Fund Information
- Rs.100/- per month then in multiples of Re. 1/- for minimum 60 months
- Rs.500/- per month then in multiples of Re. 1/- for minimum 12 months
- Rs.1000/- per month then in multiples of Re. 1/- for minimum 6 months
- Rs.500/- per quarter then in multiples of Re. 1/- for minimum 12 quarters
- Rs.1500/- per quarter then in multiples of Re. 1/- for minimum 4 quarters
- Rs. 5000/- per year then in multiples of Rs. 500/- for minimum 2 years
- Fund manager
- Investment philosophy or strategy
- Aimed at participation in multi-cap strategy in order to leverage investment opportunities across all sectors and market capitalization
- Based on current market situation, fund manager has the authority to switch between large-cap and medium funds to boost profitability and mitigate risk
- Reliance Regular Savings fund is focused on investment in niche companies and observing macro trends in order to invest capital wisely
- The fund investment strategy involves concentrated holdings resulting in around 21% exposure in top 5 holdings.
- Reliance Regular Fund sometimes takes cash calls depending on market trends in order to participate in sudden potential opportunities
- Portfolio – Sector / Top 10 holdings
- Risk measures –
- Fund Performance
Reliance Regular Saving - Equity Fund is an open-ended equity mutual fund scheme
Reliance Regular Saving - Equity Mutual Fund is primarily aimed at generating consistent returns and capital appreciation by investing actively into equity and equity related securities.
|Inception date||•9th June 2005|
|Options||Dividend and Growth|
Reliance Regular Savings Fund - Debt Option
Reliance Regular Savings Fund - Equity Option
Reliance Regular Savings Fund - Balanced Option
|Exit load||1% if redeemed before completion of 1 year, NIL if units are redeemed after completion of 1 year from the date of allotment of units|
|Minimum investment||Rs.500 and then in multiples of Re.1 and Rs.1000 (plus multiples of Re.1)|
Yes. Following is the break-up for various plans. Minimum investment amount for investing in SIP for Reliance Regular Savings Plan is listed below:
|Product label – Risk and target investors||Moderately High, most suitable for investors who want long-term capital appreciation and are willing to take a higher risk|
|Benchmark||S&P BSE 100|
|Redemption||Reliance Regular Savings Fund offers unique feature of Any Time Money Card enabling investors to withdraw its investment anytime,anywhere.|
|Taxation||Applicable taxes depend upon the type of mutual fund scheme availed and the amount and time of redemption of units. However, it is in the best interest of investors to consult a tax adviser for computation of applicable tax before redemption of units.|
Omprakash Kuckian is the Fund Manager of Reliance Regular Savings Fund. Mr. Kuckian is a B.Com (H) and AICWA. Prior to joining Reliance Mutual Funds, he had worked with Religare Invesco AMC and HDFC Securities. Other funds managed by Omprakash Kuckian are listed below.
Reliance NRI Equity Fund-Growth
Reliance Focused Large Cap Fund
Reliance Capital Builder Fund III Series A-Growth
Reliance Capital Builder Fund III Series A Direct-Growth
Reliance Regular Savings Fund Equity Plan Direct-Growth
Reliance Focused Large Cap Fund Direct - Growth
Reliance NRI Equity Fund Direct-Growth
Following is the philosophy and strategy at which Reliance Regular Savings Mutual Fund is based.
Given below is the stock names and the sector break-up of stocks that Reliance Regular Savings Fund is currently invested in.
|Honeywell Automation India Ltd.||Equity||5.33%||Industrial Capital Goods|
|Bombay Burmah Trdg. Corpn. Ltd.||Equity||4.25%||Banks|
|Larsen & Toubro Ltd.||Equity||4.07%||Construction|
|HDFC Bank Ltd.||Equity||3.89%||Banks|
|Torrent Pharmaceuticals Ltd.||Equity||3.53%||Pharma|
|Divi's Laboratories Ltd.||Equity||3.43%||Chemical|
|Ultratech Cement Ltd.||Equity||3.30%||Cement|
|Aditya Birla Nuvo Ltd.||Equity||3.08%||Services|
|ALSTOM India Ltd.||Equity||2.88%||IT|
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
|•Portfolio Turnover Ratio||•0.32|
|•AUM||•Rs. 2,650.89 crores|
|•Expenses, expense ratio||•2.49%|
Following is the benchmark comparison for Reliance Regular Savings Fund as per data from May 29th, 2015.
|Compounded Annualised Returns||Scheme Returns %||Benchmark Returns %|
|Returns for the last 1 year||10.16||12.23|
|Returns for the last 3 years||9.67||9.13|
|Returns for the last 5 years||8.55||8.04|
|Returns since inception (Inception date October 08, 1995)||6.76||6.83|
Absolute Returns for 1, 3 and 5 years are mentioned above.
Expert view of the fund
Reliance Small Cap Mutual Fund is a scheme that identifies small cap companies and invests in those to yield substantial returns as well as low risk to investors. The fund has exposure to chemicals, software, industrial products and pharmaceuticals. Experts believe that the fund has huge potential to lure and then reward investors. Considering that the fund has been a clear out-performer for the past 3 years, it is good to invest in this fund. Investors who are looking to grow their capital can explore Reliance Small Cap fund for superior gains that are derived as a result of hedging of risk and diversification of investment capital.
How to apply for Reliance Small Cap Mutual Fund
There are two basic ways of applying for Reliance Small Cap Mutual Fund. First is the traditional way of physically visiting any of the Reliance Mutual Fund branches and filling out and submitting an application form along with the required documents. Second is to apply online using either the online platforms of the company or the mobile platforms like mobile website and mobile application. Alternatively, you can call up Reliance Mutual Funds and request for an adviser to take you through the details of various mutual fund schemes after which you can easily zero down on the scheme that suits your financial goals the best.
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