Reliance Retirement Fund - Wealth Creation Scheme - Regular Growth - Latest NAV, Returns, Performance & Portfolio

Reliance Retmnt Wlt Creation

  • highlight11.75%
  • highlight0.05(0.38%)

Fund Summarystar

PeriodReturns(per year)
10 Years--
5 Years--
3 Years11.75%
1 Year-7.5%
6 Months-11.54%
Fund Details
RiskModerately High risk
Fund TypeRetirement
Exit Load--

More about this fundstar

Top HoldingsWeightage
HDFC Bank Ltd9.79%
Infosys Ltd5.79%
ICICI Bank Ltd5.43%
ITC Ltd4.2%
Bharat Financial Inclusion Ltd4.12%
Grasim Industries Ltd4.08%
State Bank of India3.95%
Housing Development Finance Corp Ltd3.77%
Larsen & Toubro Ltd3.51%
Reliance Industries Ltd3.46%

About Reliance Retirement Fund (Wealth Creation Scheme)

Reliance Retirement Fund (Wealth Creation Scheme) is an open ended retirement solution oriented scheme having a lock in of 5 years or till retirement age (whichever is earlier). The fund’s investment objective is to provide capital growth and consistent income to the investors which will be in line with their retirement goals by investing in equity, equity related instruments and fixed income securities.

Pros & Cons of Reliance Retirement Fund (Wealth Creation Scheme)

Reliance Retirement Fund (Wealth Creation Scheme) offers the following benefits:

  1. Opportunity to grow wealth by investing in growth-oriented companies at reasonable prices.
  2. Suitable for investors looking to create a retirement corpus in the accumulation phase of retirement planning.
  3. The fund has been unable to beat the benchmark and category in the 1 year and 3 year time horizon.

Fund Information and Statistics of Reliance Retirement Fund (Wealth Creation Scheme)

i) Inception / Launch date

Reliance Retirement Fund (Wealth Creation Scheme) was launched on 11 February 2015 by Reliance Mutual Fund.

ii) Risk level

Being a multi-cap equity fund, Reliance Retirement Fund (Wealth Creation Scheme) is a moderately 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 after expiry of lock-in period of 5 years from the date of allotment. Under normal circumstances, your fund house will dispatch the redemption proceeds within 10 business days from date of receipt of request.

iv) Fund Manager

Ms. Anju Chhajer and Mr. Sanjay Parekh, who hold rich experience of fund management with prestigious fund houses, have been managing the fund since January 2015.

v) Entry / Exit load

The fund house does not charge any entry load and exit load for investing in Reliance Retirement Fund (Wealth Creation Scheme).

Tax benefits of investing in Reliance Retirement Fund (Wealth Creation Scheme)

Reliance Retirement Fund (Wealth Creation Scheme) has a lock-in period of five years. It helps you to claim a tax deduction of up to Rs. 1.5 lakhs under Section 80C (2) from your Gross Total Income.

About Reliance Mutual Fund

One of the fastest growing mutual funds in India, Reliance Mutual Fund was incorporated in 1995 and has been performing strongly since with its presence in over 160 cities in India. The fund house deals in 5 main fund classes, namely, Equity Funds, Debt Funds, Retirement Funds, Gold Funds and Liquid Funds. There are over 200 schemes available under RMF and over 800 scheme options for investors to choose from.

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Frequently Asked Questions

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Moderately 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