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|Risk||Moderately High risk|
|Exit Load||1% for 365 Days|
More about this fund
|HDFC Bank Ltd||8%|
|State Bank of India||4.95%|
|ICICI Bank Ltd||4.91%|
|Larsen & Toubro Ltd||4.52%|
|Bajaj Finance Ltd||2.74%|
|GE Power India Ltd||2.64%|
|Reliance Industries Ltd||2.61%|
|Phoenix Mills Ltd||2.59%|
About Reliance Value Fund
Reliance Value Fund is an open-ended equity scheme which follows a value investment strategy – endeavors to participate in investment opportunities across various sectors and market capitalizations. The scheme aims to seek capital appreciation and/or generate consistent returns by actively investing in equity and equity-related securities (primarily stocks).
Pros & Cons of Reliance Value Fund
- The Reliance Value Fund has an above average risk grade with a return grade of ‘Average’.
- It has offered a return of 15.53% since its launch.
- With a 95%+ asset allocation in equity, the Reliance Value Fund offers a long-term capital growth option for investors who are comfortable with moderately-high risk investments.
Fund Information and Statistics of Reliance Value Fund
i) Inception / Launch date
Reliance Value Fund was launched on 08 June 2005 by Reliance Mutual Fund.
ii) Risk level
Investors investing in the Reliance Value Fund need to understand that their principal will be at a moderately-high risk. As on December 28, 2018, 97.56% assets were allocated to equity of which around 55% were in Giant and Large-Cap stocks.
The Mutual Fund dispatches the redemption proceeds within 10 business days of receiving the request.
iv) Fund Manager
Ms. Meenakshi Dawar is the Fund Manager of Reliance Value Fund. Also, the scheme was earlier known as Reliance Regular Savings Fund - Equity Option.
v) Entry / Exit load
There is no entry load in this scheme. If you redeem your units or switch out on or before the completion of one year from the date of the allotment of units, then you have to bear an exit load of 1 percent. After the completion of one year, the entry load is nil.
Tax benefits of investing in Reliance Value Fund
For withdrawals done within one year, STCG tax of 15 percent is levied. In case of long-term capital gains (LTCG), if the amount of gain is up to one lakh rupees, then no tax is applicable. All LTCG gains above one lakh are taxed at ten percent (without indexation). Also, all dividends are paid post the deduction of ten percent dividend distribution tax.
About Reliance Mutual Fund
Reliance Mutual fund is one of the fastest growing mutual funds in India. To meet varying investor requirements a well-rounded portfolio of its products is being offered to is investors by the fund. The scheme constantly endeavors to launch innovative products as to increase value to investors, taking initiative by the customer service.
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Min amount: 500
All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,
- High Risk = High possible returns
- Low Risk = Stable, relatively lower returns