Reliance Vision Fund(D)

Reliance Vision Fund(D)
Dividend Yearly
3.75  (As on 18-01-2019)
Category
Equity - Large Cap
52-week NAV high
548.64  (As on 27-05-2019)
52-week NAV low
456.53  (As on 18-02-2019)
Expense
2.05%  (As on 30-09-2019)

Performance

1 mnth 3 mnth 6 mnth 1 yr 2 yr 3 yr 4 yr 5 yr 10 yr
Fund Returns -0.02 8.63 -1.54 4.39 -6.93 5.92 6.65 4.29 -
Scheme Details
Fund Type
Open Ended
Investment Plan
Dividend
Bonus
NA
Launch Date
Jan 01, 2001
Last Dividend
3.75
Minimum Investment
5000

Reliance Mutual Fund (RMF) is one the biggest and leading mutual funds in India. It is a subsidiary of Reliance Anil Dhirubhai Ambani (ADA) Group. It is managed by Reliance Nippon Life Asset Management Limited (RNAM). The name of the trustee company is Reliance Capital Trustee Co. Limited (RCTC).

The Reliance Vision Fund is an open-ended equity scheme that invests predominantly in large cap and mid cap stocks.

Investment Objectives of the Reliance Vision Fund - Direct Plan - Dividend

The basic objective of investment of the Reliance Vision Fund - Direct Plan - Dividend scheme is to facilitate the long-term appreciation of capital through investments which are primarily made in equity and equity related instruments of large cap and mid cap companies. However, the realisation of the investment objectives is not assured.

Key Features of the Reliance Vision Fund - Direct Plan - Dividend

The main features of the Reliance Vision Fund - Direct Plan - Dividend scheme are as follows:

Type of fund

An open-ended equity scheme that primarily invests in large cap stocks and mid cap stocks

Plans available

  • Reliance Vision Fund - Regular Plan
  • Reliance Vision Fund - Direct Plan

Options under each plan

  • Reliance Vision Fund - Regular Plan - Growth Plan
  • Reliance Vision Fund - Regular Plan - Dividend Plan
    • Dividend Payout Option
    • Dividend Reinvestment Option
  • Reliance Vision Fund - Direct Plan - Growth Plan
  • Reliance Vision Fund - Direct Plan - Dividend Plan
    • Dividend Payout Option
    • Dividend Reinvestment Option

Risk

Moderately High

Systematic Investment Plan (SIP)

Available

Systematic Transfer Plan (STP)

Available

Systematic Withdrawal Plan (SWP)

Available

Investment Amount for the Reliance Vision Fund - Direct Plan - Dividend

Minimum application amount

Rs.5,000 and in multiples of Re.1 subsequently

Minimum additional investment

Rs.1,000 and in multiples of Re.1 subsequently

Minimum instalment for Systematic Investment Plan (SIP)

  • Yearly basis: Minimum amount: Rs.5,000 per instalment and in multiples of Re.500 thereafter Minimum period: 2 years
  • Monthly basis:
    • Minimum amount: Rs.100 per instalment and in multiples of Re.1 thereafter Minimum period: 60 months
    • Minimum amount: Rs.500 per instalment and in multiples of Re.1 thereafter Minimum period: 12 months
    • Minimum amount: Rs.1,000 per instalment and in multiples of Re.1 thereafter Minimum period: 6 months
  • Quarterly basis:
    • Minimum amount: Rs.500 per instalment and in multiples of Re.1 thereafter Minimum period: 12 quarters
    • Minimum amount: Rs.1,500 per instalment and in multiples of Re.1 thereafter Minimum period: 4 quarters

Minimum instalment for Systematic Withdrawal Plan (SWP)

Rs.500 and in multiples of Rs.100 subsequently

Minimum instalment for Systematic Transfer Plan (STP)

  • Daily basis: Minimum amount: Rs.100 per instalment and in multiples of Rs.100 thereafter
  • Weekly basis: Minimum amount: Rs.1,000 per instalment and in multiples of Rs.100 thereafter
  • Fortnightly basis: Minimum amount: Rs.1,000 per instalment and in multiples of Rs.100 thereafter
  • Monthly basis: Minimum amount: Rs.1,000 per instalment and in multiples of Rs.100 thereafter
  • Quarterly basis: Minimum amount: Rs.3,000 per instalment and in multiples of Rs.100 thereafter

Entry Load

N/A

Exit Load

  • If units are redeemed before the completion of 12 months from the date on which the units are allotted: 1%
  • If units are redeemed after the completion of 12 months from the date on which the units are allotted: Nil

Asset Allocation and Benchmark for the Reliance Vision Fund - Direct Plan - Dividend

Type of security

Indicative Allocations (percentage of total assets)

Risk Profile

Maximum

Minimum

High/Medium/Low

Equity and instruments related to equity:

  • Equity and other securities related to large cap companies
  • Equity and other securities related to mid cap companies

100%

65%

65%

70%

35%

35%

Medium to High

Medium to High

Medium to High

Debt and money market securities

30%

0%

Low to Medium

Units which are issued by REITs and InvITs

10%

0%

Medium to High

NAV Disclosure and Benchmark for the Reliance Vision Fund - Direct Plan - Dividend

The Net Asset Value or NAV of each unit under the Reliance Vision Fund - Direct Plan - Dividend scheme has to be computed and published by the end of every working day. The NAV is calculated as per the prescription of the SEBI (Mutual Fund) Regulations. The following formula is used to calculate the Net Asset Value:

Net Asset Value (NAV) = (Market value or Fair value of the investment of the scheme + Receivables + Accrued income + Other assets - Accrued expenses - Payables - Other Liabilities) / Number of outstanding units under the scheme on the day of valuation.

The NAV is rounded off to up to 4 decimal places.

The benchmark of the Reliance Vision Fund - Direct Plan - Dividend scheme is S&P BSE 250 LargeMidcap.

Reliance Vision Fund - Direct Plan - Dividend Fund Manager

The Reliance Vision Fund - Direct Plan - Dividend scheme is managed by the following fund managers:

  1. Ashwani Kumar
  2. Jahnvee Shah

Ashwani Kumar is the Senior Fund Manager and has been managing the fund since June 2003. Jahnvee Shah is responsible for managing the funds for Overseas Investments and has been managing the fund since April 2011.

Why should you invest in Reliance Vision Fund - Direct Plan - Dividend?

The RMF or Reliance Mutual Fund is one of the fastest growing mutual funds in India. With an Average Assets Under Management (AAUM) of about Rs.2,40,445.37 crore (April 2018 to June 2018 Q1) and around 83.99 lakh folios (as on 30 June 2018), it is one of the most reliable institutions with a huge customer base. It is present in over 160 cities across the nation. If the investment objective of the Reliance Vision Fund - Direct Plan - Dividend suits the investment requirements of an investor, the fund is one of the best options to invest in.

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