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Reliance Mutual Fund

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1. What are Reliance mutual funds?

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. To offer its investors an all-round product portfolio, RMF offers innovative products that meet the investing needs of the investors.
It is one of the top mutual funds in India, founded as a trust under the  Indian Trusts Act, 1882, where Reliance Capital Limited (RCL) was its Sponsor/Settler and Reliance Capital Trustee Co. Limited (RCTC) its Trustee.

2. How to invest

Whether you are a seasoned investor or a novice in this area, investing in Reliance Mutual Funds is made very simple with ClearTax.. You can visit ClearTax to pick from a diverse list of handpicked funds that are designed keeping in mind the risk profile and investment objective of investors. You can be assured of a hassle-free quick process of selecting any product from your favorite fund house – Reliance Mutual Fund, with Cleartax. This requires just one KYC formality that will take not more than 7 minutes of your time.ClearTax makes simple investing for you.

The process is very simple on ClearTax.

Step 1: Select the fund(s) and the amount you want to invest every month

Step 2: Provide your details

Step 3: Make payment and you are done

3. Process and Documents required to invest in Reliance Mutual Funds via ClearTax

Money laundering and corruption can cripple the economy and the stability of our country. Here, Know Your Customer (KYC) and In-Person Verification (IPV) can help a financial institution significantly. However, ClearTax doesn’t believe in inconveniencing their investors. So they have enabled a way to do KYC in a quick and simple way. What’s more, if investing via ClearTax Save, investor needs to do it only once for their first investment.

KYC is necessary for all fund houses. If you are investing through ClearTax, you need to do your KYC just once. The same KYC will be used for all your future investments.

KYC verification through ClearTax is a very simple process. You can verify by:

a. Using OTP sent to your Aadhaar-registered mobile number

b. By uploading photos/scans of the required documents

ID Proofs: You can submit Xerox copy of PAN Card, Passport, Aadhaar Card, Voter ID or Driving License. Other central government approved documents like NREGA job card are also accepted.

Residential proofs: You can submit the same ID proof (except PAN), if the address on it is your current residential address. Rental/lease agreement, most utility bill and ration card can also serve the purpose. If your permanent address and correspondence address are not the same, then submit proof for both.

4. List of top 5 RMF

 

Top 5 RMF 1yr Return 3yr Return 5yr Return 10yr Return
Reliance Annual Interval Series I Inst 0.64 7.47 7.89
Reliance Annual Interval Series I Retail 6.64 7.47 7.89 7.97
Reliance Arbitrage Fund 6.24 6.26 7.38
Reliance Banking & PSU Debt Fund 4.93 7.52
Reliance Banking Fund 8.64 13.67 17.09 16.64

 

5. Top 5 RMF EQUITY Funds

RMF Equity Funds are medium to high risk funds invested in stocks and equities that offer investors dynamic returns on their investments. The schemes are designed for long term capital appreciation and are curated to meet investment needs based on individual risk appetite.

Equity Fund Name

Risk 5-yr Return

Objective

Reliance Vision Fund Moderately High 14.1 The objective of the scheme is to offer long term growth of capital to investors by investing in equity and related securities. The investment is research based though there is no guarantee of the objective being realized given the market movements.
Reliance Large Cap Fund Moderately High 16.8 The scheme aims to generate long term capital appreciation by primarily investing into equity and equity related instruments of large cap companies. It also seeks to achieve consistent returns by investing in REITs and InvITs and debt and money market securities, . Again, there is no guarantee that the investment objective of the Scheme will be realized.
Reliance Quant Fund High 11.27 The aim of the scheme is to generate capital appreciation through investments in equity and equity related instruments. The Scheme invests in an active portfolio of stocks that are picked based on a Quant model. There is no guarantee that the investment objective of the scheme will be achieved.
Reliance Balanced Advantage Fund Moderately High 13.42 To capitalize on the potential upside in equity markets while also limiting the downside by means of dynamically managing the portfolio is the aim of this scheme. It invests in equity & equity related instruments and incorporates active use of debt, money market instruments and derivatives. There is no guarantee that the investment objective of the scheme will be achieved.
Reliance Index Fund – Nifty Plan Moderately High 11.59 The scheme seeks to mirror the composition of the Nifty, with a view to achieve returns that correspond with the performance of the Nifty, subject to tracking errors.

 

6. Top 5 RMF TAX-SAVING EQUITY Funds

The RMF Tax Saving Funds are also known as Equity LInked Saving Schemes that help investors save taxes under Section 88 of the Income Tax Act.

Tax Saving Fund Name

Risk 5-yr Return

Objective

Reliance Tax Saver (ELSS) Fund Moderately High 18.55 The main purpose of the scheme is to offer long-term capital appreciation to its investors from a portfolio that is invested heavily in equity and equity related instruments. There is no assurance, however,that the scheme’s investment objective shall be achieved.

 

7. Top 5 RMF DEBT Funds

The RMF Debt Funds are designed to function as tax saving instruments that offer investors medium returns with much more safety and reliability in comparison to equity funds.

Debt Fund Name

Risk 5-yr Return

Objective

Reliance Floating Rate Fund Moderately Low 7.6 The scheme seeks to generate regular income by investmenting heavily in floating rate and money market instruments along with fixed rate debt instruments.
Reliance Low Duration Fund Moderately Low 8.13 The scheme generates high returns that are consistent with moderate levels of risk and liquidity through investments in debt securities and money market securities.
Reliance Prime Debt Fund Moderate 8.05 This scheme investments primarily in debt instruments of various maturities with a focus on maximizing income while also maintaining the best balance of yield, safety and liquidity.
Reliance Short Term Fund Moderately Low 7.62 The scheme offers stable returns to investors with an investment horizon that is short term, investing in debt and money market instruments.
Reliance Credit Risk Fund Moderate 8.31 This scheme seeks to generate high returns with moderate levels of risk. This income generated may be complemented by the capital appreciation of the portfolio, where the investments are chiefly made in Debt & Money Market Instruments.

 

8. Top 5 RMF HYBRID Funds

The RMF Hybrid Funds are aimed at delivering risk adjusted returns by means of investing in a combination of fixed income instruments and equities. It optimizes the advantage of pairing the growth potential of equities with the relative stability that is offered by income investments.

Hybrid Fund Name Risk 5-yr Return

Objective

Reliance Equity Hybrid Fund Moderately High 16.28 The prime focus of this plan is to offer long-term capital appreciation to its investors from a portfolio that invests mainly in equity and equity related instruments. There is no assurance, however, that the scheme’s investment objective will be achieved.
Reliance Arbitrage Fund Moderately Low 7.38 This scheme generates income by taking advantage of the arbitrage opportunities that can be found between cash and derivative market and also within the derivative segment alongside investments in debt securities & money market instruments.
Reliance Hybrid Bond Fund Moderately High 8.89 The scheme seeks to generate a regular stream of income to offer regular dividend payments to unitholders. The secondary objective of the scheme is to deliver growth in capital.
Reliance Retirement Fund – Income Generation Scheme Moderately High 5.81 (3yr) The investment objective of this scheme is to achieve capital appreciation and a regular stream of income for the investors. This is done in line with the retirement goals of the investors by investing in a mix of securities that include equity, equity related instruments and fixed income securities. Again, there is no guarantee that the investment objective of the Scheme will be successfully achieved.

 

9. About RMF

Reliance Mutual Fund (RMF) is one of India’s top mutual funds. It falls under The Reliance Anil Dhirubhai Ambani (ADA) group, which was founded as Trust under the Indian Trusts Act, 1882. It has Reliance Capital Limited (RCL) as its Sponsor/Settler and Reliance Capital Trustee Co. Limited (RCTC) as its Trustee. Reliance Mutual Fund registered itself with the SEBI (Securities & Exchange Board of India) on June 30, 1995, with its registration number as MF/022/95/1. Reliance Capital Mutual Fund was renamed to Reliance Mutual Fund w.e.f March 11, 2004, vide, Securities & Exchange Board of India’s letter no. IMD/PSP/4958/2004, dated March 11, 2004.

The RMF was formed to launch a number of schemes under which the units would be issued to its investors to contribute to the capital market and allow investors to invest in diversified securities. The schemes are managed by Reliance Capital Asset Management Limited., a subsidiary of Reliance Capital Limited

Reliance Capital Limited is the Sponsor while the Trustee is Reliance Capital Trustee Co. Limited. The Sponsor, the Trustee and the Investment Manager are incorporated under the Companies Act 1956. Reliance Mutual Fund which was formerly known as Reliance Capital Mutual Fund, is a Trust under Indian Trust Act, 1882 and is registered with SEBI, the registration number being MF/022/95/1 dated June 30, 1995.

There are many benefits of investing in Reliance Mutual Funds:

  • The schemes offered under the RMF offer investors benefits on a wide selection of investment instruments
  • The Reliance fund house has over 20 years experience in mutual funds
  • The distribution network of RMF is extensive and spans across the country
  • The customer service of RMF one of the best in the industry
  • Reliance Mutual Funds are considered to be the pioneers in the mutual fund industry

 

10. Top Fund Managers

RMF has a solid mix of expertise and experience in their fund managers who have the acumen to identify opportunities and the dexterity to maneuver portfolios to achieve optimal returns.

a.  Top Fund Managers at RMF: Equity Funds

i. Mr. Ashwani Kumar
Mr. Kumar 18+ years of experience in the field of financial services and has been a Fund Manager since 2003. He is the Senior Fund Manager in Equity Investments.

ii. Mr. Sailesh Raj Bha
Mr. Bha comes with 19 years of experience in the field of equity research and fund management. He has been a part of RMF for over ten years now, managing its diversified equity schemes. He is also the Deputy CIO at RMF.

iii. Mr. Samir Rachh
Mr. Rachh brings to RMF over 25 years of solid experience of financial knowledge. Specializing in mid and small cap stocks, he has been with RMF for the last eight years. He is a Fund Manager for Equity Investments.

iv. Mr. Sanjay Parekh
A senior Fund Manager in Equity Investments, Mr. Parekh is a financial expert with over 18 years of experience in equity research and fund management.

v.  Ms. Meenakshi Dawar
Ms. Dawar is a Fund Manager with RMF and has been instrumental in the launch of various products in some off the other top fund houses in the country

 

b. Top Fund Managers at RMF: Debt Funds

i.  Mr. Amit Tripathi
With over 20 years of experience in the Financial Services, Mr. Tripathi has been associated with the RMF for 14 years. He is the CIO of Fixed Income.ii. Ms. Anju Chhajer
Ms. Chhajer, a Chartered Accountant, has over 16 years of experience in the financial services industry. She joined RMF in 2007 and is a Senior Fund Manager.iii. Mr. Prashant R. Pimple
Mr. Rimple has had over 14 years of experience in the area of debt management, with nearly ten years with Reliance managing the Fixed Income portfolios. He serves as the Senior Fund Manager in Fixed Income Investments.iv. Mr. Vivek Sharma
Mr. Sharma has been with RMF for over 9 years and been a part of the Fixed Income team since 2007. He is presently a Fund Manager.

11. Best Reliance mutual fund schemes

Reliance ETF Dividend Opportunities
Reliance Gilt Sec
Reliance Gilt Sec
Reliance Gilt Sec
Reliance ETF Hang Seng BeES
Reliance ETF PSU Bank BeES
Reliance Income
Reliance Money Market
Reliance Tax Saver
Reliance Dynamic Bond
Reliance Credit Risk
Reliance Liquid
Reliance Pharma
Reliance Value
Reliance Prime Debt
Reliance Balanced Advantage
Reliance Growth
Reliance Ultra Short Duration
Reliance Equity Hybrid
Reliance Liquid
Reliance Vision
Reliance Hybrid Bond
Reliance Short Term
Reliance Consumption
Reliance Power & Infra
Reliance Floating Rate
Reliance Banking
Reliance Multi Cap
Reliance ETF Sensex
Reliance Quant
Reliance ETF Nifty 100
Reliance Strategic Debt
Reliance ETF Nifty BeES
Reliance ETF Bank BeES
CPSE ETF
Reliance ETF Junior BeES
Reliance ETF Consumption
Reliance Equity Savings
Reliance Arbitrage
Reliance ETF Infra BeES
Reliance Low Duration
Reliance Low Duration
Reliance Large Cap
Reliance ETF Shariah BeES
Reliance ETF Gold BeES
Reliance Japan Equity
Reliance ETF NV20
Reliance ETF Long Term Gilt
Reliance Nivesh Lakshya
Reliance Focused Equity
Reliance Small Cap
Reliance Gold Savings
Reliance US Equity Opportunities
Reliance Banking & PSU Debt
Reliance Retmnt Inc Generation
Reliance Retmnt Wlt Creation
Reliance Index Nifty
Reliance Index Sensex