Reliance ETF Consumption - Latest NAV, Returns, Performance & Portfolio

Reliance ETF Consumption

  • highlight14.27%
  • highlight-0.21(-0.39%)

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Fund Summarystar

PeriodReturns(per year)
10 Years--
5 Years14.27%
3 Years12.86%
1 Year0.02%
6 Months8.39%
Fund Details
ISININF204KA1LD7
RiskHigh Risk
Fund TypeLarge-Cap
NAV52.1145
Exit Load--

More about this fundstar

Top HoldingsWeightage
Hindustan Unilever Ltd9.97%
ITC Ltd9.77%
Maruti Suzuki India Ltd9.58%
Asian Paints Ltd7.26%
Mahindra & Mahindra Ltd6.78%
Titan Co Ltd5.14%
Bharti Airtel Ltd4.74%
Bajaj Auto Ltd4.27%
Britannia Industries Ltd3.92%
Hero MotoCorp Ltd3.58%

About Reliance ETF Consumption Fund

Reliance ETF Consumption Fund is an exchange traded fund (ETF) which mirrors the Nifty India Consumption Index subject to tracking errors.

Pros & Cons of Reliance ETF Consumption Fund

Reliance ETF Consumption Fund offers the following benefits:

  1. This ETF allows investors to gain exposure to an asset class that may be underrepresented in the asset allocation of investor’s portfolio.
  2. This ETF assists in remaining fully invested while maintaining liquidity, thus minimizing the cash drag effect on the portfolio.
  3. Since ETFs are passive funds which may help to maintain market exposure while there are changes in sector/stock allocations in a portfolio, it avoids the risk of missing any market movement.

Certain drawbacks of Reliance ETF Consumption Fund 1. Returns might not be as good as actively managed funds.

Fund Information and Statistics of Reliance ETF Consumption Fund

i) Inception / Launch date

Reliance ETF Consumption Fund was launched on April 3, 2014 by Reliance Mutual Fund AMC.

ii) Risk level

Being an open ended equity, this fund is a high risk bet and suitable for investors who have a long-term investment horizon of more than 5 years.

iii) Redemption

Redemption of Units will be done by a repurchase/buyback by the fund house. Under normal circumstances, your fund house will dispatch the redemption proceeds within 10 business days from date of receipt of request.

iv) Fund Manager

Mr. Mehul Dama has been managing the fund since 6 November 2018.

v) Entry / Exit load

The exit load of investing in this scheme is not applicable. The exit load of 1% is applicable if redeemed on or before completion of 1 year from the date of allotments of units. If redeemed after 1year the exit load is Nil.

Tax benefits of investing in the fund

The short-term capital gains made on sale of units within 1 year from the date of allotment will be taxed at the rate of 15%. The long term capital gains, over and above Rs 1 lakh, made on sale of units after 1 year from the date of allotment will be taxable at the rate of 10% (without indexation).

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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High Risk

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