Reliance Focused Large Cap Fund Direct Growth is a Equity Mutual Fund Scheme launched by Reliance Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Meenakshi Dawar is the Current Fund Manager of Reliance Focused Large Cap Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹1,376 Cr and the Latest NAV as of 27 Apr 2018 is ₹31.04.
The Reliance Focused Large Cap Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is 100. Exit load of 1% if redeemed within 1 year.
The primary investment objective of the scheme is to generate long-term capital growth by predominantly investing in an active and concentrated portfolio of equity & equity related instruments up to 25 companies belonging to the top 100 companies by market capitalization and/or leaders in their respective segments. The secondary objective of the scheme is to generate consistent returns by investing in debt & money market securities.
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)
Min for First Investment
Min for Second Investment
Exit load of 1% if redeemed within 1 year