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Reliance Mutual Fund offers some of the top-performing mutual funds in the Indian market. It was incorporated in the year 1995. Reliance Mutual Fund has successfully established itself in the Indian mutual fund market within a very short period of time. It has a presence in more than 160 cities across India. The main mutual funds offered by Reliance Mutual Fund include Debt Funds, Retirement Funds, Equity Funds, Hybrid Funds, and Tax-saving Funds. Reliance Mutual Fund is known for its constant innovation in offering new products to investors.
Key Features of Reliance Mutual Fund
Reliance Mutual Fund offers multiple opportunities to investors for earning good returns on investments. Some of the features of Reliance Mutual Fund are as below –
- Vast distribution network across India
- 24/7 customer service
- Considered a pioneer in mutual fund industry
- Over 20 years of experience and expertise in mutual fund industry
- Excellent tax benefits to be availed via Reliance Mutual Fund products
Types of Mutual Fund offered by Reliance Mutual Fund
Equity Funds
Under this category, Reliance Mutual Fund offers medium and high-risk funds which primarily focus on investment in stocks and equity securities. These funds offer dynamic return on investment and long-term capital appreciation. These funds are customised to meet individual risk appetite.
Reliance Vision Fund
| Description | Open-ended equity scheme which invests in large-cap and mid-cap stocks. It invests in high-quality businesses, specifically which are market leaders in respective sectors. Large-cap stocks offer stability and liquidity whereas mid-cap stocks offer larger returns. |
| Objective | This fund endeavours to generate high return on investments in the long run. It aims to achieve this with its fund management expertise and growth-oriented strategy. |
| Date of Allotment | October 8, 1995 |
| Benchmark | S&P BSE 250 LargeMidcap TRI |
| Type of Scheme | Open ended equity scheme |
| Minimum Investment | Rs. 5000 and in multiples of Re 1 thereafter |
| Entry Load | Nil |
| Exit Load | 1% if redeemed or switched out on or before completion of 1 year from the date of allotment of units. Nil, thereafter. |
Reliance Large Cap Fund
| Description | Open ended equity scheme primarily investing in large cap stocks. It offers stability and liquidity to investors by investing in best companies on the market. It constantly focuses on leading businesses which have a well-established business model. |
| Objective | The main objective is to generate long-term capital appreciation by focusing on investments in equity and equity related instruments of large cap companies. It focuses on consistent returns from investment in debt, money market instruments, etc. |
| Date of Allotment | August 8, 2007 |
| Benchmark | S&P BSE 100 TRI |
| Type of Scheme | Open ended equity scheme investing in large cap stocks |
| Minimum Investment | Rs. 100 and in multiples of Re 1 thereafter |
| Entry Load | Nil |
| Exit Load | 10% of the units allotted are to be redeemed without any exit load, on or before completion of 12 months from the date of allotment of units. |
Reliance Quant Fund
| Description | Open ended equity scheme with primary investment focus on quant model theme. It is an actively management fund that combines scientific approach with expertise in generating higher returns for investors. Stocks under this fund are selected basis valuation, price, earnings, and quality. |
| Objective | Main objective is to generate capital appreciation through investment in equity and equity related instruments. It aims to generate capital appreciation by investing in stocks that are selected basis a Quant model. |
| Date of Allotment | April 18, 2008 |
| Benchmark | S&P BSE 200 TRI |
| Type of Scheme | Open ended equity scheme with focus on investments via quant model theme. |
| Minimum Investment | Rs. 5000 and in multiples of Re 1 thereafter |
| Entry Load | Nil |
| Exit Load | 0.25% if redeemed or switched out on or before completion of 1 month from the date of allotment of units. |
Reliance Balanced Advantage Fund
| Description | Open-ended dynamic asset allocation fund. It attempts to capitalize on the upward trends in equity markets while also trying to limit the exposure of a downside by managing the portfolio through investment in equity and debt, money market instruments and derivatives. |
| Objective | The objective of this fund is to offer benefits which include emotion Free Asset Allocation through Model Based Asset Allocation, limiting the downside risk through hedging, and long-term alpha by active stock selection and sector focus. |
| Date of Allotment | November 15, 2004 |
| Benchmark | CRISIL Hybrid 35+65 - Aggressive Index |
| Type of Scheme | Open Ended Dynamic Asset Allocation Fund which follows a model based on valuation and trends to determine unhedged equity allocation. |
| Minimum Investment | Rs. 100 and in multiples of Re 1 thereafter |
| Entry Load | Nil |
| Exit Load | 10% of the units allotted need to be redeemed without any exit load, on or before completion of 12 months from the date of allotment of units. |
Reliance Index Fund – Nifty Plan
| Description | Open ended scheme which replicates or tracks Nifty 50. It employs an investment approach that is designed to track Nifty 50 index’s performance. It primarily invests in securities that constitute the Nifty 50 index and in the same proportion as the index itself. |
| Objective | The primary objective of this fund is to offer long-term capital growth to investors. To achieve this objective, the fund focuses on investment in equity and equity related securities. |
| Date of Allotment | September 28, 2010 |
| Benchmark | Nifty 50 TRI |
| Type of Scheme | Open-ended scheme with focus on replicating composition of Nifty 50. It aims at generating returns that are in line with the performance of the Nifty. |
| Minimum Investment | Rs. 5000 and in multiples of Re 1 thereafter |
| Entry Load | Nil |
| Exit Load | 0.25% if redeemed or switched out on or before completion of 7 days from the date of allotment of units. Nil thereafter. |
Reliance Index Fund – Sensex Plan
| Description | Open ended scheme which replicates or tracks S&P BSE Sensex. It employs an investment approach that is designed to track S&P BSE Sensex index’s performance. It primarily invests in securities that constitute the S&P BSE Sensex index and in the same proportion as the index itself. |
| Objective | Generate income by investing predominantly in equity and equity related instruments. It offers long-term capital growth to investors by focusing on securities that are part of the Sensex index. |
| Date of Allotment | September 28, 2010 |
| Benchmark | S&P BSE Sensex TRI |
| Type of Scheme | Open ended scheme replicating and tracking S&P BSE Sensex. |
| Minimum Investment | Rs. 5000 and in multiples of Re 1 thereafter |
| Entry Load | Nil |
| Exit Load | For redemption/switch out of units within 7 days from the date of allotment: 0.25% Nil thereafter. |
Reliance Growth Fund
| Description | Mid Cap Fund - An open-ended equity scheme primarily investing in mid cap stocks. It focuses on long-term growth for investors by investing in equity and equity related instruments using a research-based approach. |
| Objective | The objective of this fund is to invest in mid-cap companies which reflect a potential to significantly increase their profits and also have a consistent track record. It identifies potential market leaders at an early stage so as to create long-term alpha. It identifies growth stocks that have a reasonable valuation thereby adhering to its approach of Growth at a Reasonable Price – GARP technique of investing. |
| Date of Allotment | October 8, 1995 |
| Benchmark | S&P BSE MidCap TRI |
| Type of Scheme | Open ended mid-cap equity fund with a focus on mid-cap stocks. |
| Minimum Investment | Rs. 5000 and in multiples of Re 1 thereafter |
| Entry Load | Nil |
| Exit Load | 1% if redeemed or switched out on or before completion of 1 year from the date of allotment of units. Nil, thereafter. |
Reliance Focused Equity Fund
| Description | Open-ended multi-cap equity fund with investment focus in maximum of 30 stocks. The fund strategy is based on niche ideas focussing on good quality companies and an optimal mix of growth and value stocks. |
| Objective | The main investment objective of this fund is to generate long-term capital growth by investing in an active and concentrated portfolio which constitutes of equity & equity related instruments of 30 companies across market capitalization. The scheme also aims to generate consistent returns by investing in debt and money market securities, etc. |
| Date of Allotment | April 28, 2018 |
| Benchmark | S&P BSE 500 TRI |
| Type of Scheme | Open-ended multi-cap equity scheme that invests in a maximum of 30 stocks at a time. It is suitable for investors looking to achieve long-term growth by investment in equity securities as well as derivatives. |
| Minimum Investment | Rs. 5000 and in multiples of Re 1 thereafter |
| Entry Load | Nil |
| Exit Load | 1% if redeemed or switched out on or before completion of 1 year from the date of allotment of units. Nil, thereafter. |
Reliance Small Cap Fund
| Description | Open-ended equity scheme which focuses on investment in small cap stocks. |
| Objective | Main investment objective of the scheme is to generate long term capital appreciation by investing primarily in equity and equity related instruments of small cap companies. It also aims to generate consistent returns by investing in debt and money market securities. |
| Date of Allotment | September 16, 2010 |
| Benchmark | S&P BSE SmallCap TRI |
| Type of Scheme | Open ended scheme with majority investments in small-cap stocks. Ideal for investors who have a significant risk appetite. |
| Minimum Investment | Nil |
| Entry Load | Nil |
| Exit Load | 1% if redeemed or switched out on or before completion of 1 year from the date of allotment of units. Nil, thereafter. |
Reliance Value Fund
| Description | td Open-ended equity scheme that follows a value investment strategy. Value investment strategy is adopted with an aim to participate in investment opportunities across various sectors and market capitalization. The fund endeavours to invest in undervalued stocks which have the potential of delivering higher long-term risk-adjusted returns. |
| Objective | The main investment objective of this scheme is to gain capital appreciation and to generate consistent returns by investing in equity/ equity related securities primarily into value stocks. |
| Date of Allotment | June 8, 2005 |
| Benchmark | S&P BSE Enhanced Value TRI |
| Type of Scheme | Open ended equity scheme which follows a value investment strategy. Suitable for investors looking for long-term capital growth via investment in equity and equity related securities. |
| Minimum Investment | Rs. 500 and in multiples of Re 1 thereafter |
| Entry Load | Nil |
| Exit Load | 1% if redeemed or switched out on or before completion of 1 year from the date of allotment of units. Nil, thereafter. |
Reliance Multi Cap Fund
| Description | An open-ended equity scheme investing across large cap, mid cap, small cap stocks. This is a multi-cap, trend-based fund with the flexibility to be concentrated in a particular sector or market caps depending on the potential & opportunities that arise. Investment in large caps could help in capturing market movements & ensures liquidity in volatile markets. Exposure to niche themes, like mid/small cap companies which have scalable business models, offers the possibility of higher returns. The investment in the emerging businesses are segregated as: a) Quality Mid cap players with a track record and scalable business models b) Emerging or niche themes with sustainable competitive advantages c) Deep Value Component – > Deep Value Stocks - currently mispriced by markets due to non fundamental reasons |
| Objective | The primary investment objective of the scheme is to generate capital appreciation & offer long-term growth opportunities to investors. It aims to achieve this by investing in a portfolio constituting of equity securities & equity related securities. It also focuses on generating consistent returns by investing in debt and money market securities. |
| Date of Allotment | March 28, 2005 |
| Benchmark | S&P BSE 500 TRI |
| Type of Scheme | Multi Cap Fund - An open-ended equity scheme investing across large cap, mid cap, small cap. |
| Minimum Investment | Rs. 5000 and in multiples of Re 1 thereafter |
| Entry Load | Nil |
| Exit Load | 1% if redeemed or switched out on or before completion of 1 year from the date of allotment of units. Nil, thereafter. |
Reliance Banking Fund
| Description | Open-ended income scheme with primary focus on investment in the banking sector. |
| Objective | This fund is a focused banking and financial services sector. Its main objective is to invest across market caps within these sectors. The fund is well diversified across areas like Private Banks, PSUs, NBFCs, Housing Fin Co’s, Broking houses, etc. This fund aims to generate superior returns via active fund management. The returns generation is attempted by tactical allocation across various sub segments and unique investment ideas. It also attempts to lower risk by diversification. |
| Date of Allotment | May 26, 2003 |
| Benchmark | Nifty Bank TRI |
| Type of Scheme | An open-ended equity scheme which primarily invests in banking sector. It is meant for investors who need higher returns by exposure to equity securities. |
| Minimum Investment | Rs. 5000 and in multiples of Re 1 thereafter |
| Entry Load | Nil |
| Exit Load | 1% if redeemed or switched out on or before completion of 1 year from the date of allotment of units. Nil, thereafter. |
Debt Funds
Reliance Mutual Funds offers a variety of debt funds which acts as an instrument for parking aside savings. These funds primarily aim to offer medium returns by focusing on safety and reliability of investment avenues.
Reliance Dynamic Bond Fund
| Description | Open-ended dynamic debt scheme which invests across duration. The fund follows two main strategies, core and tactical. Core strategy focuses on medium to long term view on interest rates and yield curve. Tactical strategy aims to benefit out of short-term opportunities in the market. Strategy is implemented via high grade assets like GSecs/SDLs/Corporate Bonds. It aims to generate returns by actively using GSecs, IRF and IRS curve. |
| Objective | The main investment objective of this scheme is to generate optimal returns which are consistent with moderate levels of risk. This income is generally complemented by capital appreciation of the portfolio. Investments are primarily made in Debt and Money Market Instruments. |
| Date of Allotment | November 15, 2004 |
| Benchmark | CRISIL Dynamic Debt Index |
| Type of Scheme | Open-ended dynamic debt scheme investing in instruments across duration with the help of core and tactical strategies. |
| Minimum Investment | Rs. 5000 and in multiples of Re 1 thereafter |
| Entry Load | Nil |
| Exit Load | 1% if redeemed or switched out on or before completion of 1 month from the date of allotment of units. Nil, thereafter. |
Reliance Strategic Debt Fund
| Description | An open-ended medium-term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 3 to 4 years. Core allocation is in AA+ to AA- corporate bonds. Focus is on maintaining a moderation duration of investment. It tries to generate returns via spread compression and also roll down within a three year period. |
| Objective | The main objective is to generate income via investments in multiple debt and money market instruments of different maturities. It aims to maximize income and maintain an optimum balance of yield, safety and liquidity. |
| Date of Allotment | June 26, 2014 |
| Benchmark | 25% of CRISIL AAA Medium Term Bond Index 25% of CRISIL AA+ Medium Term Bond Index 25% of CRISIL AA Medium Term Bond Index 25% of CRISIL AA- Medium Term Bond Index |
| Type of Scheme | Open ended debt scheme investing in instruments for a 3-4 year time horizon, primarily in debt and money market instruments. |
| Minimum Investment | Rs. 5000 and in multiples of Re 1 thereafter |
| Entry Load | Nil |
| Exit Load | 1% if redeemed or switched out on or before completion of 12 months from the date of allotment of units. Nil, thereafter. |
Reliance Banking & PSU Debt Fund
| Description | An open-ended debt scheme that primarily invests in Debt instruments related to banks, Public Sector Undertakings, Public Financial Institutions and Municipal Bonds. |
| Objective | The main objective of this scheme is to generate income over short to medium time horizon by investments in debt and money market instruments of various maturities. It focuses on securities issued by entities like Banks, Public Sector Undertakings (PSUs) and Public Financial Institutions (PFIs). |
| Date of Allotment | May 15, 2015 |
| Benchmark | NIFTY Banking & PSU Debt Index |
| Type of Scheme | Open-ended debt fund with portfolio duration of 2-3 years. It employs strategy to capture opportunity on the desired part of yield curve subject to interest rate expectations in the future. |
| Minimum Investment | Rs. 5000 and in multiples of Re 1 thereafter |
| Entry Load | Nil |
| Exit Load | Nil |
Reliance Credit Risk Fund
| Description | Open-ended debt scheme primarily investing in AA and below rated corporate bonds (excluding AA+ rated corporate bonds). It focuses on maximising accrual by increased allocation to AA- and below category. Duration is run up to 2 years. Returns are primarily generated through accruals by constant focus on risk diversification. |
| Objective | Main investment objective of this fund is to generate optimal returns which are consistent with a moderate level of risk. Income could be complemented by capital appreciation of the portfolio. Investment focus is in Debt & Money Market Instruments. |
| Date of Allotment | June 8, 2005 |
| Benchmark | NIFTY Credit Risk Bond Index |
| Type of Scheme | Open-ended debt scheme that invests in AA and below rated corporate bonds (excluding AA+ rated corporate bonds). |
| Minimum Investment | Rs. 500 and in multiples of Re 1 thereafter |
| Entry Load | Nil |
| Exit Load | 10% of the units allotted are to be redeemed without any exit load, on or before completion of 12 months from the date of allotment of units. Any redemption over such limit in the first 12 months from the date of allotment is subject to the following exit load. Redemption of units to be done on First in First out Basis (FIFO):1% - on or before completion of 12 months from the date of allotment of units. Nil - after 12 months from the date of allotment of units. |
Reliance ETF Long Term Gilt
| Description | Open ended index exchange traded fund. The Scheme has a passive investment approach which is designed to track the performance of Nifty 8-13 yr G-Sec Index. It seeks to achieve this goal by investing in securities constituting Nifty 8-13 yr G-Sec Index in the same proportion as in the Index. |
| Objective | Main objective of this scheme is to provide investment returns that closely correspond to the total returns of the securities as represented by the Nifty 8-13 yr G-Sec Index before expenses. |
| Date of Allotment | July 5, 2016 |
| Benchmark | Nifty 8-13 yr G-Sec Index |
| Type of Scheme | Open-ended index exchange traded fund that is ideal for investors who are looking for income in the long-term by investments in Gilt securities. |
| Minimum Investment | Nil |
| Entry Load | Nil |
| Exit Load | Nil |
Reliance Hybrid Funds
This category of mutual funds delivers risk-adjusted returns by investment in a combination of equities and fixed income instruments. It blends together the potential of higher returns from equities and the stability of fixed income securities.
Reliance Arbitrage Fund
| Description | Open-ended scheme investing in arbitrage opportunities. With a conservative approach it aims to generate income through arbitrage opportunities arising out of pricing mismatch in a security between cash and derivative segment and with derivatives segment along with investments in debt securities and money market instruments. The portfolio is entirely hedged and takes offsetting positions on various markets. It follows a market neutral strategy and carries no specific equity risk. In case there are no adequate arbitrage opportunities, the scheme also invests in short term debt or money market securities. |
| Objective | Main objective of this scheme is to generate income by taking advantage of the arbitrage opportunities between cash and derivative market and also in the derivative segment. It also focuses on investments in debt securities & money market instruments. |
| Date of Allotment | October 14, 2010 |
| Benchmark | NIFTY 50 Arbitrage Index |
| Type of Scheme | Open-ended scheme with focus on arbitrage opportunities. |
| Minimum Investment | Rs. 5000 and in multiples of Re 1 thereafter |
| Entry Load | Nil |
| Exit Load | 0.25% if redeemed or switched out on or before completion of 1 month from the date of allotment of units. Nil, thereafter. |
Reliance Equity Hybrid Fund
| Description | Open-ended hybrid scheme investing primarily in equity and equity related instruments. It endeavours to generate relatively better risk adjusted returns by investing in a combination of Equities and Fixed Income instruments. The fund attempts to optimize the benefit of Equity Growth potential with relative stability of fixed income investments. |
| Objective | Main investment objective of this scheme is to generate consistent returns and capital appreciation by investing in a mix of securities comprising of equity, equity related instruments and fixed income instruments. |
| Date of Allotment | June 8, 2005 |
| Benchmark | CRISIL Hybrid 35+65 - Aggressive Index |
| Type of Scheme | Open ended hybrid scheme that aims to maintain large-cap oriented portfolio. It focuses on tactical exposure to emerging market leaders so as to generate better returns. |
| Minimum Investment | Rs. 500 and in multiples of Re 1 thereafter |
| Entry Load | Nil |
| Exit Load | 10% of the units allotted to be redeemed without any exit load, on or before completion of 12 months from the date of allotment of units. Any redemption beyond such limit in the first 12 months from the date of allotment are subject to the following exit load, Redemption of units to be done on First in First out Basis (FIFO): 1% if redeemed or switched out on or before completion of 12 months from the date of allotment of units. Nil, thereafter. |
Reliance Hybrid Bond Fund
| Description | Open-ended hybrid scheme investing predominantly in debt instruments. The fund focuses on creating alpha with limited volatility by running 90% into accrual and 10% of equity exposure. It invests into well-researched credits like AA and below rated instruments. Equity investments are made for long-term. |
| Objective | The main investment objective of the scheme is to generate regular income and make regular dividend payments to unitholders along with constant focus on capital appreciation. |
| Date of Allotment | December 29, 2003 |
| Benchmark | CRISIL Hybrid 85+15 - Conservative Index |
| Type of Scheme | Open Ended scheme with focus on debt instruments. Meant for investors seeking regular income and capital appreciation in the long run by investment in debt and money market instruments. |
| Minimum Investment | Rs. 5000.00 and in multiples of Re. 1 thereafter |
| Entry Load | Nil |
| Exit Load | 10% of the units allotted to be redeemed without any exit load, on or before completion of 12 months from the date of allotment of units. Any redemption beyond such limit in the first 12 months from the date of allotment will be subject to the following exit load. Redemption of units would be done on First in First out Basis (FIFO): 1% if redeemed or switched out on or before completion of 12 months from the date of allotment of units. Nil, thereafter |
Reliance Balanced Advantage Fund
| Description | Open-ended dynamic asset allocation fund which attempts to capitalise the potential upside in equity markets and limit the downside via portfolio management. It mainly invests in equity and debt, money market instruments and derivatives. |
| Objective | Primary objectives of the fund include: Offering benefit of emotion free asset allocation by using model-based asset allocation Lower downside risk by hedging Long term returns by active stock and sector selection |
| Date of Allotment | November 15, 2004 |
| Benchmark | CRISIL Hybrid 35+65 - Aggressive Index |
| Type of Scheme | Open Ended Dynamic Asset Allocation Fund meant for investors who are looking for long term capital growth by investment in equity and equity related instruments, debt, money market instruments, and also derivatives. |
| Minimum Investment | Rs. 100.00 and in multiples of Re. 1 thereafter |
| Entry Load | Nil |
| Exit Load | 10% of the units allotted to be redeemed without any exit load, on or before completion of 12 months from the date of allotment of units. Any redemption beyond such limit in the first 12 months from the date of allotment will be subject to the following exit load. Redemption of units would be done on First in First out Basis (FIFO): 1% if redeemed or switched out on or before completion of 12 months from the date of allotment of units. Nil, thereafter |
Reliance Equity Savings Fund
| Description | Open-ended scheme investing in equity, arbitrage and debt. It invests in a combination of Active Equities, Arbitrage Opportunities and Fixed Income securities. It aims to capture the Equity growth potential along with moderate volatility & regular income through investment in arbitrage opportunities and fixed income securities. It offers higher growth potential than debt funds due to moderate equity exposure and relatively lower volatility than equity funds through allocation to fixed income instruments & arbitrage opportunities. |
| Objective | Main investment objective of this fund is to generate income and capital appreciation by investing in arbitrage opportunities & pure equity investments along with investments in debt securities & money market instruments. |
| Date of Allotment | May 30, 2015 |
| Benchmark | NIFTY Equity Saving Index |
| Type of Scheme | Open-ended equity scheme with investment focus in equity, arbitrage, and debt. Suitable for investors looking for income and capital appreciation in the long run. |
| Minimum Investment | Rs. 5000.00 and in multiples of Re. 1 thereafter |
| Entry Load | Nil |
| Exit Load | 10% of the units allotted to be redeemed without any exit load, on or before completion of 12 months from the date of allotment of units. Any redemption beyond such limit in the first 12 months from the date of allotment will be subject to the following exit load. Redemption of units would be done on First in First out Basis (FIFO): 1% if redeemed or switched out on or before completion of 12 months from the date of allotment of units. Nil, thereafter |
Reliance Tax-Saving Equity Fund
Reliance tax-saving equity fund, also known as ELSS, helps in generating long-term capital gains with investment in equity and equity instruments.
Reliance Tax Saver Fund
| Description | Open-ended equity linked saving scheme with a statutory lock in of 3 years and tax benefit. This fund maintains a balance between large-cap and mid-cap companies. It focuses on investment in potential leaders or high growth potential companies. The fund has two or three sector focus at one time. It stays in line with emerging market trends. |
| Objective | Main objective of the scheme is to generate long-term capital appreciation from a portfolio that is invested predominantly in equity and equity related instruments. |
| Date of Allotment | September 21, 2005 |
| Benchmark | S&P BSE 100 TRI |
| Type of Scheme | Open-ended equity linked saving scheme meant for investors who are seeking long-term capital growth with investment focus in equity and related securities. |
| Minimum Investment | Rs. 500.00 and in multiples of Re. 1 thereafter |
| Entry Load | Nil |
| Exit Load | Nil |
Reliance Mutual Fund - Retirement Funds
Retirement is an important phase in an individual’s life because it requires a lot of pre-planning and smart execution as far as finances are concerned. Retirement should be planned in such a way that the funds accumulated in one’s lifetime can be used during retirement with utmost ease and abundance. For investors who wish to plan their retirement well, here are some of the retirement funds that are offered by Reliance Mutual Fund.
Reliance Retirement Fund – Wealth Creation Scheme
| Description | Open-ended retirement scheme which is solution-oriented and has a lock-in period of 5 years or till retirement age (whichever is earlier). |
| Objective | Primary objective of the scheme is to offer capital appreciation and consistent income to the investors which will be in line with their retirement goals. It aims to invest in a mix of securities including equity, equity related instruments and fixed income securities. |
| Date of Allotment | February 11, 2015 |
| Benchmark | S&P BSE 500 TRI |
| Type of Scheme | Open-ended retirement scheme which is suitable for long-term growth and capital appreciation. It helps the investor in achieving retirement goals. |
| Minimum Investment | Rs. 5000.00 and in multiples of Re. 1 thereafter |
| Entry Load | Nil |
| Exit Load | Nil |
Reliance Retirement Fund – Income Generation Scheme
| Description | Open ended retirement solution-oriented scheme having a lock-in of 5 years or until retirement age. It provides a healthy mix of securities and retains only 30% of equity investments within the portfolio at any given time. On the fixed income side, the fund attempts to have an optimal blend of duration and accruals with investments in high quality instruments. The equity portfolio will be invested predominantly in large cap companies with tactical allocation to mid-cap stocks. |
| Objective | The main objective of the scheme is to provide capital appreciation and consistent income to the investors which will be in line with their retirement goals by investing in a mix of securities comprising of equity, equity related instruments and fixed income securities. |
| Date of Allotment | February 11, 2015 |
| Benchmark | 80% of CRISIL Long Term Debt Index 20% of S&P BSE 500 TRI |
| Type of Scheme | Open-ended retirement scheme which is suitable for long-term growth and capital appreciation. The fund is well suited for investors in the post -retirement phase seeking regular income with lower volatility. |
| Minimum Investment | Rs. 5000.00 and in multiples of Re. 1 thereafter |
| Entry Load | Nil |
| Exit Load | Nil |
Documents required for investing in Reliance Mutual Fund
- PAN Card
- Application form
- KYC Individual form
- Address Proof – Driving Licence, Passport, Voters ID, Ration Card, Registered Leave/Sale of Agreement Residence, Latest Bank Account Statement/passbook, Latest Electricity/Gas Bill
- Proof of Identity – Aadhaar, Voter’s ID, Passport, Driving License
- Cheque for SIP
How to invest in Reliance Mutual Fund?
Whether you are an experienced investor or a first-time investor, it is very easy to invest in Reliance Mutual Fund. The ideal option is to invest online. Here are more details:
- You can go to the official website of Reliance Mutual Fund
- Select the fund of your choice
- Fill in the information required, including some personal details
- Once you have filled in the necessary forms, you then need to make payment
- As soon as you make the payment, your portfolio is ready to monitor, invest, redeem, etc.
Here are some of the other alternatives of investment:
- Stock Exchange platform
- Reliance any time money card
- Mobile app of Reliance mutual fund
- Toll-free number
- 24/7 customer care
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