| Performance as on 31/08/2010 |
| |
Absolute |
Compound Annualized |
| |
6 months |
1 Year |
3 Years |
5 Years |
Since Inception |
| Reliance Growth Fund - Retail Plan - Growth |
15.26 |
30.20 |
15.16 |
23.23 |
29.59 |
| BSE100 |
9.92 |
17.05 |
7.00 |
18.12 |
12.61 |
Past Performance may or may not be sustained in the future.
Aforesaid returns are Compounded annualized returns of Retail Plan - Growth Option. (Inception Date: 8th Oct 1995)
Calculations assume that all payouts during the period have been reinvested in the units of the scheme at the then prevailing NAV.
Product Features
Investment Objective :
The primary investment objective of the Scheme is to achieve long-term growth of capital by investment in equity and equity related securities through a research based investment approach.
Asset Allocation:
| Instrument |
Indicative asset allocation
(% of total assets) |
Risk Profile |
| |
Maximum |
Minimum |
|
| Equity and Equity related Instruments |
100% |
65% |
High |
| Debt Instruments & Money Market Instruments |
35% |
0% |
Medium to Low |
However, it may be understood that the above is only indicative. The above pattern may be altered by the Investment Manager in line with the Investment Objective.
Fund Manager: Mr. Sunil Singhania
Plans Available: Retail Plan & Institutional Plan
Each of the above option will have Growth Plan & Dividend Plan as specified below
- Growth Plan : Growth Option & Bonus Option
- Dividend Plan : Dividend Pay-out Option & Dividend Reinvestment Option
Benchmark Index: BSE 100
Minimum Application Amount
Retail Plan : Rs 5000 and in multiples of Re. 1 thereafter
Institutional Plan : Rs. 5 Crore in multiples of Re. 1 thereafter
Minimum additional purchase amount
Retail Plan : Rs 1000 and in multiples of Re. 1 thereafter
Institutional Plan : Rs. 1 Lakh in multiples of Re. 1 thereafter
Load Structure:
|
| Entry Load |
Under both Retail and Institutional Plan |
NIL |
| In terms of SEBI circular no. SEBI/IMD/CIR No.4/ 168230/09 dated June 30, 2009, no entry load will be charged by the Scheme to the investor effective August 1, 2009. Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors' assessment of various factors including the service rendered by the distributor |
|
| |
|
| Exit Load |
Retail Plan & Institutional Plan |
|
| If redeemed or switched out on or before completion of 1 year from the date of allotment of units. |
1% |
| If redeemed or switched out after the completion of 1 year from the date of allotment of units. |
Nil |
Facilities Available:
| Systematic Investment Plan |
Available |
| Systematic Transfer Plan |
Available |
| Systematic Withdrawal Plan |
Available |
| Reliance Salary AddVantage |
Available |
| Dividend Transfer Plan |
Available |
| Recurring Investment Plan for Corporate Employees |
Available |
| Trigger Facility |
Available |
| Online Transaction |
Available |
| Reliance SIP Insure |
Available |
| Reliance ATM card |
Available |
| Auto Debit & Electronic Clearing System |
Available |
Applicable NAV :
Subscriptions/Purchases including switch - ins: In respect of valid applications received upto 3 p.m. by the Mutual Fund alongwith a local cheque or a demand draft payable at par at the place where the application is received, the closing NAV of the day on which application is received shall be applicable.
In respect of valid applications received after 3 p.m. by the Mutual Fund alongwith a local cheque or a demand draft payable at par at the place where the application is received, the closing NAV of the next business day shall be applicable.
Redemptions including switch - outs: In respect of valid applications received upto 3 p.m. by the Mutual Fund, closing NAV of the day of receipt of application, shall be applicable.
In respect of valid applications received after 3 p.m. by the Mutual Fund, the closing NAV of the next business day shall be applicable.
About us
Reliance Mutual Fund, a part of the Reliance - Anil Dhirubhai Ambani Group (R-ADAG) is one of the fastest growing mutual funds in the country. Reliance Mutual Fund offers investors a well-rounded portfolio of products to meet varying investor requirements. Reliance Mutual Fund has a presence in over 80 cities across the country, an investor base of over 2 million and manages Average Assets Under Management (AAUM) of Rs. 1,04,511Crores and an investor count of over 73.30 Lakh folios. (AAUM and investor count as of August 2010)
Reliance Mutual Fund constantly endeavours to launch innovative products and customer service initiatives to increase value to investors. Reliance Mutual Fund schemes are managed by Reliance Capital Asset Management Ltd., a wholly-owned subsidiary of Reliance Capital Ltd.
Reliance Capital Ltd. is one of India’s leading and amongst the fastest growing private sector financial services companies, and ranks among the leading private sector financial services and banking companies, in terms of net worth. Reliance Capital Ltd. has interests in asset management and mutual funds, life and general insurance, private equity and proprietary investments, stock broking and other financial services.
Disclaimer
Sponsor: Reliance Capital Limited. Trustee: Reliance Capital Trustee Co. Limited. Investment Manager: Reliance Capital Asset Management Limited. Statutory Details: The Sponsor, the Trustee and the Investment Manager are incorporated under the Companies Act 1956.
Risk Factors :
Mutual Funds and securities investments are subject to market risks and there is no assurance or guarantee that the objectives of the Scheme will be achieved. As with any investment in securities, the NAV of the Units issued under the Scheme can go up or down depending on the factors and forces affecting the capital markets. Past performance of the Sponsor/AMC/Mutual Fund is not indicative of the future performance of the Scheme. Reliance Growth Fund is the name of the Scheme and does not in any manner indicate either the quality of the Scheme; its future prospects or returns. The Sponsor is not responsible or liable for any loss resulting from the operation of the Scheme beyond their initial contribution of Rs.1 lakh towards the setting up of the Mutual Fund and such other accretions and additions to the corpus. The NAV of the Scheme may be affected, interalia, by changes in the market conditions, interest rates, trading volumes, settlement periods and transfer procedures. The Mutual Fund is not assuring that it will make periodical dividend distributions, though it has every intention of doing so. All dividend distributions are subject to the availability of distributable surplus in the Scheme.Please read the Scheme Information Document and Statement of Additional Information carefully before investing.
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