Reliance Mutual Funds

Reliance Mutual Funds

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Reliance Mutual Funds (RMF) is one of the biggest asset management firm with a presence in over 160 cities within India. It has got a consumer base of more than 70 lakh investors. Its net worth came close to Rs. One lakh crore in the quarter ending in December 2016. It offers products to its consumer across a varied portfolio. Origin of Reliance Mutual funds is rooted from the parent company of Reliance Anil Dhiru Ambani (ADA) group. RMF got registered in SEBI in the year 1995. Some of the schemes offered by RMF ranges from small cap to large caps. Reliance Mutual Funds offers close to 300 types of mutual funds. Some of them are tabulated below. Usually, these mutual funds start yielding better returns from the 5th year onwards. For the same reason, to get the best returns you must stay invested for a longer duration.

Reliance Mutual Funds Schemes

Reliance Mutual Funds Schemes NAV
Reliance Small Cap Fund Direct- Growth 41.65
Reliance Small Cap Fund Direct- Bonus 41.65
Reliance Small Cap Fund Direct- Dividend 30.02
Reliance Small Cap Fund Growth 39.35
Reliance Small Cap Fund Dividend 28.08

Reliance Mutual Funds Terms

Before picking up any mutual fund from Reliance you must understand few terms. After you understand these common terms you may take a wiser decision in picking up your funds.

  • Net Asset Value (NAV) - NAV is the unit price of the scheme of the mutual fund that you buy. It's arrived after certain calculations. Value of NAV is arrived after reducing the values of liabilities from assets and dividing by the number of shares.

    NAV= (Assets- Liabilities)/Number of Shares

    Value of NAV also determines the number of shares purchased by you.

  • Small Caps - Small caps refers to the funds that get invested in the companies that have got market capitalization between 300 million dollars to 2 billion dollars. If the company is fast growing than you can expect good returns in such investments.

  • Small Caps - Small caps refers to the funds that get invested in the companies that have got market capitalization between 300 million dollars to 2 billion dollars. If the company is fast growing than you can expect good returns in such investments.

  • Mid- Caps - Mid- Caps are the companies that are valued between 2 billion dollars to 10 billion dollars.

  • Large-Caps - Large caps are the companies that have got value above 10 billion dollars.

  • Types of Reliance Funds

Sno. Types of Reliance Mutual Funds
1. ELSS
2. Debt
3. Gold Funds
4. Arbitrage Funds
  1. ELSS - Equity Linked Saving Schemes are brought mainly to save tax. The major objective of these funds is to get long-term capital funds by investing in equities.

  2. Debt Funds - These are the funds that involve the least risk. Returns can be expected over a period of time. It's one of the safest modes of investment.

  3. Gold Funds - Gold funds deal in marketing the gold assets. They are usually purchased at a lesser cost and sold at a higher price in the market

  4. Arbitrage Funds - These funds are used in the trading of securities. They are purchased at a lesser price and makes money by selling it at a higher price.

  • Growth - If you purchase mutual funds for growth than your profits get deployed in the investment. As an investor, if you don't need to liquidate your funds than you can choose to invest in a growth type of Investment.

  • Dividend - If you choose dividend as a type of investment than you can always withdraw a certain amount of profits from your investment. This can help you in meeting any interim need of immediate cash.

  • Open-Ended - Open-Ended mutual funds come without any locking period. You can withdraw them any time you may need.

  • Close- Ended - In close- Ended mutual funds you must keep your funds invested in mutual funds for certain minimum duration. This can be anywhere between 1 to 3 years.

Benefits of Reliance Mutual Funds

  1. Credible Name - Reliance Group is a famous group from so many decades. It has excelled in almost all the sectors. Reliance mutual fund is one of the leading sectors in asset management as well. You can invest a part of your portfolio in these funds without a second thought.

  2. Diversified Portfolio - Reliance Mutual funds offer you many kinds of funds to choose from. It's good to choose the fund according to your risk appetite.

  3. Mutual Fund Expert Manager - By making an investment in Reliance Mutual Funds you also get fund manager. Expert assigned to manage your investment is a subject matter expert. You can be ensured that your funds will be invested appropriately.

  4. Tax Planning - You can conveniently plan your tax by investing your funds in Reliance mutual funds. As per section 80 c of the income tax act of 1961 you can save up to Rs. 1,50,000 by investing in your mutual funds.

How to Buy Reliance Mutual Funds?

  • Online - You can easily buy Reliance Mutual Funds online through any mutual funds companies or the banks. All you need to do is keep you E-KYC updated and make the payment. Modes of payments are quite secure in all these platforms. Payments can be made through NEFT, Net Banking or any other chosen mode of payments.

  • Banks - Mutual funds can also be purchased by visiting your banks as well. If your KYC is complete then you can start investing in your mutual funds within no time.

  • Mutual Funds Companies - The direct visit to mutual fund companies can also make your investment swift. Your KYC is mandatory for mutual funds investment.

  • Karvy - Karvy is a financial institute that deals in many mutual funds companies. You can visit there and choose mutual fund of your choice.

  • CAMS - CAMS is an exclusive mutual funds company that can help you in choosing the mutual-fund of your choice.

  • Agents - You can also plan to buy your mutual through agents. They can facilitate your purchase by paying a visit to your home as well.