Reliance Equity Savings Fund Dividend Monthly-0.75%

2Groww
-7.27%
1 Year Return
Hybrid
Equity Savings
2.0 star
6M
1Y
3Y
All

Fund Details

Reliance Equity Savings Fund Dividend Monthly

RiskModerately High
Min SIP Amount₹100
Expense Ratio2.19%
NAV10.1 (22 Aug 2019)
Fund Started30 May 2015
Fund Size1,204 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Reliance Equity Savings Fund Dividend Monthly
-7.3%
3.6%
NA
4.3%
Category Average
1.0%
5.7%
NA
-
Rank within category
16
13
NA
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    Estimated Value
    as per Historical Returns
    30
    with -7.3% annual returns

    Comparison

    Data not available
    Pros
    Found nothing so far.
    Cons
    1. Risk-adjusted returns are lower compared to the category
    2. Risk is higher compared to the benchmark
    3. Higher expense ratio
    4. 1Y Returns are lower than the benchmark
    5. 3Y Returns are lower than the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    Housing Development Finance Corpn. Ltd.FinancialEquity9.2%
    Reliance Industries Ltd.EnergyEquity5.5%
    Yes Bank Ltd.FinancialBonds/NCD5.3%
    Reliance Capital Ltd.FinancialNCD5.0%
    Indian Receivable TrustFinancialZCB4.7%
    HDFC Bank Ltd.FinancialEquity4.2%
    ICICI Bank Ltd.FinancialEquity3.4%
    State Bank of IndiaFinancialEquity3.3%
    RMZ Buildcon Pvt. Ltd.ConstructionNCD3.2%
    Grasim Industries Ltd.ConstructionEquity3.1%
    See All

    Fund Managers

    addSanjay Parekh
    Education
    Mr. Parekh is a B.Com (H) and Chartered Accountant.
    Experience
    Prior to joining Reliance Mutual Fund he has worked with ICICI Prudential MF, Ask Investments Managers, Prabhudas Lilladher, Sunidhi Consultancy Services, Insight Asset Management and Capital Market Magazine.
    Funds Managed
    addAnju Chhajer
    Education
    Ms. Chhajer is a B.Com (H) and a Chartered Accountant.
    Experience
    Prior to joining Reliance Mutual Fund Ltd. as a fund manager, she has worked with National Insurance Company as a Money Maker Instruments and D.C Dharewa & Co.
    Funds Managed
    addKinjal Desai
    Education
    Ms. Desai is MSc(Economics)
    Experience
    Associate Equity Investments at RNAM Assisting lead Analyst in Equity Research, idea generation and sector Monitoring., assisting Fund Managers in Stock Selection and monitoring of overseas investments.
    Funds Managed

    Other Details

    Reliance Equity Savings Fund Dividend Monthly is a Hybrid Mutual Fund Scheme launched by Reliance Mutual Fund. This scheme was introduced to investors on 30 May 2015. Sanjay Parekh, Anju Chajjer, Jahnvee Shah is the Current Fund Manager of Reliance Equity Savings Fund Dividend Monthly.The fund currently has an Asset Under Management(AUM) of ₹1,204 Cr and the Latest NAV as of 22 Aug 2019 is ₹10.1.

    The Reliance Equity Savings Fund Dividend Monthly is rated Moderately High risk. Minimum SIP Investment is 100. Minimum Lumpsum Investment is 5000. For units in excess of 10% of the investment,1% will be charged for redemption within 12 months.

    Investment Objective

    The primary investment objective of this fund is to generate income and capital appreciation by investing in arbitrage opportunities & pure equity investments along with investments in debt securities & money market instruments. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved.

    Tax Implications

    Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

    Scheme Information Document(SID)

    ₹5000
    Min for First Investment
    ₹1000
    Min for Second Investment
    For units in excess of 10% of the investment,1% will be charged for redemption within 12 months
    Exit Load

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    About Reliance Mutual Fund

    Address
    Corporate Office : Reliance Centre, 7th Floor South Wing, OFf Western Express Highway, Santacruz(E) Mumbai-400055
    Phone
    022-33031000/30301111
    Launch Date
    29 Jun 1995
    Reliance Mutual Fund
    Asset Management Company
    Custodian
    Deutsche Bank
    Registrar & Transfer Agent
    Karvy
    Address
    Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
    Invest Now
    Enter investment amount
    + ₹1,000
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    + ₹10,000
    ONE TIME
    MONTHLY SIP
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    Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing.
    Past performance is not indicative of future returns. Please consider your specific investment requirements, risk tolerance, investment goal, time frame, risk and reward balance and the cost associated with the investment before choosing a fund, or designing a portfolio that suits your needs.
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