Reliance Low Duration Fund Growth
- 7.6%
- (+0.35)2642.4221
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Fund Summary
| Period | Returns(per year) |
|---|---|
| 10 Years | 7.99% |
| 5 Years | 7.6% |
| 3 Years | 6.9% |
| 1 Year | 7.25% |
| 6 Months | 2.47% |
| Fund Details | |
|---|---|
| ISIN | INF204K01EV6 |
| Risk | Moderately Low risk |
| Fund Type | Low Duration |
| NAV | 2642.4221 |
| Exit Load | -- |
More about this fund
| Top Holdings | Weightage |
|---|---|
| EMBASSY OFFICE PARKS REIT | 6.94% |
| INDIAN RECEIVABLE TRUST 18 FEB 2019 | 6.07% |
| INDIA GRID TRUST | 5.37% |
| Panchshil Corporate Park Private Limited | 4.4% |
| NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT | 4.05% |
| SHRIRAM - CITY UNION FINANCE LIMITED | 3.9% |
| U.P. Power Corporation Limited | 3.87% |
| National Bank For Agriculture And Rural Development | 3.42% |
| KKR India Financial Services Private Limited | 3.39% |
| Power Finance Corporation Ltd. | 3.39% |
About Reliance Low Duration Fund
Being an open-ended debt fund, the scheme seeks to generate consistent optimal returns by investing in money market securities and debt securities with moderate level of risks. The Macaulay duration of the portfolio is between 6 months to 12 months.
Pros and Cons of Reliance Low Duration Fund
This product is suitable for those who are seeking: 1. Short term capital growth. 2. The scheme invests in debt and money market securities such that the duration of the Macaulay portfolio is between 3 to 6 months.
Fund Information and Statistics of Reliance Low Duration Fund
Inception/ Launch Date
The Reliance Low Duration Fund was launched on 20 March 2007 by Reliance Mutual Fund.
Risk Level
The scheme carries moderately low level of risk. The value of the scheme may go up and down due to the various factors affecting the capital markets. The return scheme is not assured or guaranteed by the scheme. Investment is subject to interest rate, price and credit risk including the loss of principal and there is no assurance that the objective of the scheme will be achieved.
Redemption
The scheme is open for the redemption of its units on all business days. As per SEBI, the redemption proceeds within 10 business days from the day of receiving the valid redemption request. A penal of interest of 15% per annum or such other rate will be paid if redemption is not made within 10 business days, as per SEBI.
Fund Manager
Mr.Amit Tripathi since 2007 and Ms.Anju Chhajer since 2009 are the fund managers of Reliance Low Duration Fund.
Entry/ Exit load
The entry load and the exit load for investing in Reliance Low Duration Fund is NIL.
Tax benefit of investing in Reliance Low Duration Fund
The short term capital gains are taxed according to the investor’s income slab. The long-term capital gains are taxed at the rate of 20% after indexation.
About Reliance Mutual Fund
This is a fastest growing mutual fund company in India. It comes under Anil Dhirubhai Ambani group. Reliance Mutual Fund helps it investors to meet its various investing needs with an all-round product portfolio. It has launched various schemes to the investors with an aim to provide the investors with the opportunities to invest in diversified securities.
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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