Reliance Mutual Fund

Reliance Mutual Fund - An Overview

The name ‘Reliance’ stands pretty well in India’s asset management space with its Average Assets under Management (AAUM) touching 2.22 lakh crore till June 2019. It’s been made possible due to a wide range of mutual fund schemes - equity, debt and hybrid- that this fund house has to offer. The schemes cater to investors with different risk appetite and investment goals. Having schemes alone won’t have taken the Reliance Mutual Fund to where it is now. Its leadership position also has a lot to do with its presence across 300 cities in India.

Equity Funds

  • Reliance Vision Fund
  • Reliance Large Cap Fund
  • Reliance Multi Cap Fund
  • Reliance Small Cap Fund
  • Reliance Growth Fund
  • Reliance Focused Equity Fund
  • Reliance Tax Saver ELSS Fund
  • Reliance Index Fund - Nifty Plan
  • Reliance Index Fund - Sensex Plan

Reliance Vision Fund

The fund invests in large stocks with strong fundamentals and good long-term prospects to generate capital appreciation over time.

Reliance Large Cap Fund

The fund looks to generate long-term capital appreciation by investing predominantly into the stocks of top-100 companies according to the market capitalization.

Reliance Multi Cap Fund

One of the most diversified equity funds offered by the fund house, the multi-cap fund seeks capital appreciation by investing in a mix of large-cap, small-cap and mid-cap stocks.

Reliance Small Cap Fund

The fund looks to generate long-term capital appreciation by investing in equity and equity-related instruments of companies ranked after the top 250 companies according to the market capitalization.

Reliance Growth Fund

The fund manager in charge of this fund follows a research-based investment approach while optimizing the portfolio mix. The fund invests predominantly in equity and equity-related instruments to generate long-term growth of the invested capital.

Reliance Focused Equity Fund

The money invested in this fund goes in equity and equity-related instruments of up to 30 companies across the market capitalization. The objective of the fund is to create a diversified portfolio mix and help generate capital appreciation over the long term.

Reliance Tax Saver (ELSS) Fund

The name defines the fund itself. It’s a tax-saver equity fund that enables investors save taxes up to 1.5 lakh in a financial year. It comes with a lock-in-period of 3 years.

Reliance Index Fund- Nifty Plan

The fund looks to replicate the composition of Nifty in a bid to generate returns that mirror the performance of the said benchmark, subject to tracking errors.

Reliance Index Fund - Sensex Plan

The fund looks to replicate the composition of Sensex in a bid to generate returns that mirror the performance of the said benchmark, subject to tracking errors.

Debt Funds

  • Reliance Income Fund
  • Reliance Banking & PSU Debt Fund
  • Reliance Low Duration Fund
  • Reliance Short Term Fund
  • Reliance Money Market Fund
  • Reliance Floating Rate Fund
  • Reliance Prime Debt Fund
  • Reliance Liquid Fund
  • Reliance Credit Risk Fund
  • Reliance Strategic Debt Fund
  • Reliance Dynamic Bond Fund
  • Reliance Gilt Securities Fund
  • Reliance Ultra Short Duration Fund

Reliance Income Fund

The fund aims capital appreciation at moderate risks by investing in a portfolio of debt and money-market instruments.

Reliance Banking & PSU Debt Fund

The fund aims for income generation in short to medium term by investing predominantly in debt and money-market instruments issued by banks and other financial institutions.

Reliance Low Duration Fund

The fund seeks optimal returns consistent with moderate risk and high liquidity by investing in a mix of debt and money-market instruments.

Reliance Short Term Fund

It seeks stable returns by investing in a portfolio of debt and money-market instruments.

Reliance Money Market Fund

If you want to to generate optimal returns with moderate risk, investing in this fund will be a good idea. It will provide you enhanced liquidity by investing mainly in money-market instruments that are highly liquid in nature.

Reliance Floating Rate Fund

The fund aims for regular income generation by investing less than less 75% of the total assets in fixed rate debt instruments such as rate securitized debt, money-market instruments and floating rate debt instruments swapped for fixed returns.

Reliance Prime Debt Fund

If you seek an investment that can strike a balance of yield, liquidity and safety, then this fund is for you. The fund invests in debt instruments of different maturities.

Reliance Liquid Fund

The fund generates optimal returns for investors by investing in a mix of debt and money-market instruments.

Reliance Credit Risk Fund

Want to invest where you can generate optimal returns with moderate levels of risk? Invest in Reliance Credit Risk Fund that pools 65% of assets in debt instruments with maturity of more than a year. The remaining balance is invested in money-market instruments having maturity less than a year. The fund will not include more than 50% of the government securities in its investment portfolio.

Reliance Strategic Debt Fund

Seeking regular income and an optimum balance of yield, liquidity and safety? Invest in Reliance Strategic Debt Fund that will keep the money in a portfolio of debt and money-market instruments.

Reliance Dynamic Bond Fund

The fund manager taking stock of this fund is tasked with the responsibility to generate regular income and capital appreciation for investors by investing in debt and money-market instruments.

Reliance Gilt Securities Fund

Seeking credit risk-free returns? Invest in Reliance Gilt Securities Fund that keeps the money predominantly in securities issued and guaranteed by the Central and State Government.

Reliance Ultra Short Duration Fund

Want optimal returns in line with moderate levels of risk? You can invest in Reliance Ultra Short Duration Fund that keeps the money in debt and money-market instruments to serve the purpose.

Hybrid Funds

  • Reliance Balanced Advantage Fund
  • Reliance Equity Hybrid Fund
  • Reliance Hybrid Bond Fund
  • Reliance Arbitrage Fund
  • Reliance Retirement Fund Income Generation Scheme
  • Reliance Equity Savings Fund

Reliance Balanced Advantage Fund

The fund looks to maximize the potential and downside of equity markets by dynamically changing the asset allocation among equity & equity-related instruments, debt & money-market securities, etc.

Reliance Equity Hybrid Fund

The fund looks to generate consistent returns by investing up to 50% in equity and equity-related instruments and a minimum of 25% in debt and money market instruments having averaging maturities of 1-7 years.

Reliance Hybrid Bond Fund

The primary objective of the fund is to generate regular income. And, it aims to fulfill the same by investing in debt instruments. On the other side, the secondary objective of capital appreciation is met by investment in equity and equity-related instruments.

Reliance Arbitrage Fund

The fund looks to generate income by capitalizing on the arbitrage opportunities that can exist between cash and derivative market and within the derivative segment. It will also invest in debt and money-market instruments.

Reliance Retirement Fund Income Generation Scheme

Want a lump sum corpus by the time you retire? You can invest in this fund that can serve the purpose by putting the money in equity as well as fixed income securities. The asset allocation is made to ensure capital appreciation and consistent income for the investors.

Reliance Equity Savings Fund

The fund runs with the objective of capital appreciation as well as regular income by capitalizing on the arbitrage opportunities and investing in equity, debt and money-market instruments.

Reliance Mutual Fund NAV Calculation

The Net Asset Value (NAV) is the price of a mutual fund unit. There’s no denying that Reliance Mutual Fund NAV change each trading day based on the price movement of underlying securities. The NAV calculation also takes into account the fees & charges incurred on a particular fund. There’s a formula to calculate the NAV.

NAV= (Assets - Liabilities x 100)/(Number of oustanding units)

Assets mean the value of underlying securities, any accrued income, etc. On the other hand, liabilities include the registrar fees, promotional & marketing expenses of the fund, distributor commission (for regular plans only), etc. The number of outstanding units is nothing but the total number of units held in an investment.

How to Gauge Reliance Mutual Fund Performance?

The returns over different periods tell the performance of Reliance Mutual Fund. You can check the returns online.

Reliance Mutual Fund Investment Modes

You can invest in Reliance Mutual Fund using any of the two modes - lump sum or Systematic Investment Plan (SIP). A lump sum is technically a one-time investment. Whereas, an SIP is a tool by which you can invest at regular intervals - daily, weekly, fortnightly, monthly, quarterly, half-yearly or annually.

Reliance Mutual Fund SIP Calculator

The ease of investment makes many go for mutual fund SIPs, which by small periodical bunches can turn into one big sum over time. It’s the Power of Compounding feature that makes it possible. This feature is integrated in Reliance Mutual Fund SIP Calculator that you can see online. Just enter the SIP amount, payment frequency, the time for which you want to stay invested, and the expected rate of return. As soon as you enter these, you can get an estimated value of your investment.

Reliance Mutual Fund Common Application Form

You can download the common application form on the official website of Reliance Mutual Fund. Just take a printout of the form, fill the details sought and submit it to Reliance Mutual Fund either directly or through the registered distributors.

How Can I Invest in Reliance Mutual Fund Online?

Investing in mutual fund online is a fun with Wishfin, a digital financial marketplace that displays the details of top-performing schemes across the categories. Check out the steps by which you can start investing.

  • Go to www.wishfin.com
  • Click on ‘Mutual Funds’ tab
  • Click on ‘Register/Login’

Registration Steps for New Investors

  • Mention your mobile number
  • Click on ‘Next’
  • Enter the One-time Password (OTP) received on your mobile number
  • Click on ‘Verify and Continue’
  • Enter your full name, email ID, the city you live in
  • Create a password meeting the desired requirements as laid down
  • Click on ‘Sign Up”

The account will be created after mentioning a few details.

Login Steps

  • Enter your mobile number or email ID
  • Enter the OTP received
  • Select ‘Reliance Mutual Fund’ from the scroll containing a list of Asset Management Companies (AMCs)
  • Choose the particular Reliance Mutual Fund scheme you wish to invest in
  • Click on ‘Invest’ beneath the scheme

Reliance Mutual Fund Account Statement

The account statement tells you the amount of investment made, the number of units held, the prevailing NAV, etc. You can get the statement on your email ID.

Reliance Mutual Fund Customer Care Number

Call 24x7 customer care number - 18602660111 and get all your queries sorted out. Doesn’t matter if it's about NAV, account statement or any other, you can just dial the number and be assured.

Board of Directors, Fund Managers of Reliance Mutual Fund Schemes

Below is a list of directors and fund managers that take stock of Reliance Mutual Fund schemes.

Board of Directors

  • MR. Kanu Doshi
  • MR. Minoru Kimura
  • MR. S C Tripathi
  • MS. Ameeta Chatterjee
  • ​​​​General Ved Prakash MalikK (Retd.)
  • MR. Sundeep Sikka
  • MR. Akira Shibata

Equity Fund Managers

  • MR. Ashwani Kumar
  • MR. Sailesh Raj Bhan
  • MR. Samir Rachh
  • MR. Sanjay Parekh
  • MR. Sanjay Doshi
  • MS. Meenakshi Dawar
  • MR. Manish Gunwani
  • MR. Ashutosh Bhargava
  • MR. Dhrumil Shah
  • MR Vinay Sharma
  • MS. Kinjal Desai
  • MR. Arun Sundaresan
  • MR. Anand Gupta
  • MR. Tejas Sheth
  • MR. Vikram Dhawan

Debt Fund Managers

  • MR. Amit Tripathi
  • MS. Anju Chhajer
  • MR. Prashant Pimple
  • MR.Vivek Sharma
  • MR. Sushil Budhia