Reliance ETF Hang Seng BeES - Latest NAV, Returns, Performance & Portfolio

Reliance ETF Hang Seng BeES

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    7.05%
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    (--23.06)2945.4192

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Fund Summarystar

PeriodReturns(per year)
10 Years--
5 Years7.05%
3 Years7.44%
1 Year-7.04%
6 Months-5.18%
Fund Details
ISININF732E01227
RiskHigh Risk
Fund TypeGlobal - Other
NAV2945.4192
Exit Load--

More about this fundstar

Top HoldingsWeightage
AIA Group Ltd10.42%
Tencent Holdings Ltd9.93%
HSBC Holdings PLC9.06%
China Construction Bank Corp Class H7.24%
Ping An Insurance (Group) Co. of China Ltd Class H5.77%
China Mobile Ltd4.58%
Industrial And Commercial Bank Of China Ltd Class H4.2%
Hong Kong Exchanges and Clearing Ltd3.28%
Bank Of China Ltd Class H2.73%
CNOOC Ltd2.4%

About Reliance ETF Hang Seng BeES

The Reliance ETF Hang Seng BeES is an open-ended, Index Exchange Traded Scheme. It qualifies under the Rajiv Gandhi Equity Savings Scheme (RGESS). However, the tax benefits are now discontinued. It seeks to offer long-term capital appreciation by investing in securities which are covered by the Hang Seng Index.

Pros & Cons of Reliance ETF Hang Seng BeES

  1. The scheme uses the indexing (passive) approach in order to achieve its objectives. It invests around 95% of its total assets in the stocks of the underlying index.
  2. As on September 30, 2018, the scheme is not ranked under CRISIL’s Index Funds/ ETFs category.
  3. Further, it has generated returns of 6.94% per year over the last 5 years (as on December 31, 2018). ##Fund Information and Statistics of Reliance ETF Hang Seng BeES

i) Inception / Launch Date

The scheme was launched on 09 March 2010 by Reliance Mutual Fund.

ii) Risk Level

The scheme is suitable for investors seeking long-term capital appreciation and primarily invests in securities covered by the Hang Seng Index. It has a High risk-level.

iii) Redemption

The investor can redeem a minimum of 2,500 units (and multiples thereof). The Mutual Fund will dispatch the redemption proceeds within 10 business days of the receipt of a valid redemption request.

iv) Fund Manager(s)

Mr. Siddharth Deb and Ms. Kinjal Desai are the Fund Managers of the Reliance ETF Bank BeES.

v) Entry / Exit Load

There is no entry load or exit load in this scheme.

Tax benefits of investing in Reliance ETF Hang Seng BeES

The following taxes are applicable to income arising from investing in this scheme:

  • STCG from the debt component is added to the investor’s income and taxed as per the income-tax slab.
  • LTCG component is taxed at 20% with indexation benefits.

About Reliance Mutual Fund

Launched in June 1995, Reliance Mutual Fund is one of India’s fastest growing fund houses. It offers several mutual fund schemes with a view to contribute to the capital market and offer the investors an opportunity to earn reasonable returns.

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Frequently Asked Questions

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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