Fund Details
Reliance Equity Linked Saving Fund Series I Growth
| Risk | Moderately High |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 2.80% |
| NAV | ₹32.08 (02 Apr 2018) |
|---|---|
| Fund Started | 31 Mar 2008 |
| Fund Size | ₹139 Cr |
Comparison
1. Age is more than 10 years
2. Exit load is zero
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. Higher expense ratio - 2.8%
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Security and Intelligence Services (India) Ltd. | Services | Equity | 6.6% |
| GE Power India Ltd. | Construction | Equity | 6.5% |
| Vesuvius India Ltd. | Construction | Equity | 6.2% |
| Larsen & Toubro Ltd. | Construction | Equity | 6.2% |
| Bharat Forge Ltd. | Automobile | Equity | 6.0% |
| Shopper's Stop Ltd. | Services | Equity | 6.0% |
| State Bank of India | Financial | Equity | 6.0% |
| ICICI Bank Ltd. | Financial | Equity | 5.9% |
| HDFC Bank Ltd. | Financial | Equity | 5.6% |
| ITC Ltd. | FMCG | Equity | 5.0% |
Fund Managers
Reliance Equity Linked Saving Fund Series I Growth Details
Reliance Equity Linked Saving Fund Series I Growth is a Equity Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 31 Mar 2008. Sailesh Raj Bhan is the Current Fund Manager of Reliance Equity Linked Saving Fund Series I Growth fund.The fund currently has an Asset Under Management(AUM) of ₹139 Cr and the Latest NAV as of 02 Apr 2018 is ₹32.08.
The Reliance Equity Linked Saving Fund Series I Growth is rated Moderately High risk.
Investment Objective
The scheme aims to generate long-term capital growth from a diversified and actively managed portfolio of equity and equity related securities along with income tax rebate, as may be prevalent from time to time.
Tax Implications
Upto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.
