| NAV Performance report as on 31/08/2010 |
| |
Absolute |
Compound Annualized |
| |
6 months |
1 Year |
3 Years |
5 Years |
Since Inception |
| Reliance MIP - Growth |
6.40 |
13.21 |
14.85 |
12.30 |
11.89 |
| Crisil MIP Blended Index |
3.89 |
7.40 |
7.32 |
7.94 |
6.98 |
Welcome to Reliance Mutual Fund
In a scenario of changing fixed income returns, your investments need a better option. The Reliance Monthly Income Plan (Reliance MIP) is a balance of Debt and Equity instruments. Reliance MIP invests minimum 80% in debt instruments and up to 20% in equities, ensuring that your investment has both the stability of Debt as well as the extra performance of Equity. The Equity exposure gives Reliance MIP the potential to deliver higher returns over a period of time, in comparison to pure debt schemes. Isn't it time you considered investing in Reliance MIP.
Investment Objective of Reliance Monthly Income Plan
The primary investment objective of the Scheme is to generate regular income in order to make regular dividend payments to unit holders and the secondary objective is growth of capital.
Asset Allocation Pattern
| Instruments |
Asset Allocation |
Risk |
Equity and
Equity-related
Securities |
Min. |
Most likely |
Max. |
|
| 0% |
15% |
Up to 20% |
Medium to High |
Fixed Income Securities (Debt Medium and money market instruments with
an average maturity of 1 to 7 years) |
50% |
80% |
100% |
Low to Medium | Securitised debt will be part of the debt securities, up to 25% of the corpus.
Choice of Plans
Growth Plan : The Growth Plan is designed for investors interested in capital appreciation on their investment and not regular income. Accordingly, the Scheme will not declare dividends under the Growth Plan. The income earned on the Growth Plan’s corpus will remain invested in the Growth Plan.
Dividend Plan : The Dividend Plan has been designed for investors who require regular income in the form of dividends. Under the Dividend Plan, the Scheme will endeavour to make regular dividend payments to the unit holders. The Dividend Plan has two options – Monthly Dividend Plan and Quarterly Dividend Plan. Both the Monthly Dividend Plan and Quarterly Dividend Plan has two options:
Dividend Plan has two options :
- Dividend Payout Option : Under this option the Dividend declared under the Dividend Plan will be paid to the unit holders within 30 days from the declaration of the dividend.
- Dividend Re-investment Option : The Dividend Plan has a Reinvestment Option whereby the dividend distributed under the plan will be automatically reinvested at the ex-dividend NAV on the transaction day following the date of declaration of dividend and additional units will be allotted accordingly.
Minimum Application Amount
- In Monthly Dividend Plan: Rs. 25,000 *
- In Quarterly Dividend Plan: Rs. 10,000*
- In Growth Plan: Rs.10, 000 *
*Any purchases thereafter can be made in multiples of Re.1.
Load Structure
Entry Load: Nil
Exit Load:
- 1% if the units are redeemed/switched out on or before completion of 1year from the date of allotment of units.
- There shall be no exit load after completion 1year from the date of allotment of units.
Pursuant to SEBI Circular No.SEBI/IMD/CIR No. 10/112153/07 dated December 31, 2007, with effect from January 4, 2008, no entry load shall be charged in respect of direct applications received by Reliance Mutual Fund (RMF). Pursuant to SEBI circular No.SEBI/IMD/CIR No. 14/120784/08 dated March 18, 2008, with effect from April 1, 2008, no entry load or exit load shall be charged in respect of bonus units and of units allotted on reinvestment of dividend.
Benchmark Index
CRISIL MIP Blended Index
Investor Friendly Features
Redemption
We endeavour to issue the redemption cheque within 3-4 working days
Minimum Redemption Amount
Any amount or any number of units.
Systematic Investment Plan
You can invest on a Monthly or Quarterly basis, a minimum sum of Rs. 500/- or Rs. 1500/- respectively and in multiples of Re. 1/- thereafter.
Systematic Withdrawal Plan
You can withdraw from your investments on a Monthly or Quarterly basis, a minimum sum of Rs. 500/- and in multiples of Rs. 100/- thereafter.
Switch Facility
This facility is available, with applicable loads in respective schemes.
Online Transaction
You can purchase, switch and redeem units of Reliance Mutual Fund Schemes at www.reliancemutual.com
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.
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. General 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 Equity Opportunities Fund is only 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 Mutual Fund is not guaranteeing or assuring any dividend/bonus. The Mutual Fund is also not assuring that it will make periodical dividend/bonus distributions, though it has every intention of doing so
All dividend/bonus distributions are subject to the availability of distributable surplus in the Scheme. For scheme specific risk factors, please refer to the provisions of the Offer Document. Please read the Offer Document carefully before investing.
Only for Non-Resident Indians.
To invest in Reliance Equity Opportunities Fund contact your financial advisor today
Rep Office :
Reliance Capital Asset Management Limited
P.O. Box 124296,
603, Al Mussalla Towers (Office Complex),
Khalid Bin Al Waleed Street (Bank Street) Dubai, United Arab Emirates.
Tel. No. : 00971 - 4 - 3971120
www.reliancemutual.com
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