Reliance Index Fund Nifty Plan Growth+0.84%

2Groww
-2.98%
1 Year Return
Others
Index
2.0 star
6M
1Y
3Y
5Y
All

Fund Details

Reliance Index Fund Nifty Plan Growth

RiskModerately High
Min SIP Amount₹100
Expense Ratio1.16%
NAV18.56 (13 Sep 2019)
Fund Started28 Sep 2010
Fund Size138 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Reliance Index Fund Nifty Plan Growth
-3.0%
8.4%
6.6%
7.1%
Category Average
NA
NA
NA
-
Rank within category
53
44
50
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    30
    with -3.0% annual returns

    Comparison

    Data not available
    Pros
    1. Risk is lower compared to the benchmark
    2. 1Y Returns are higher than the benchmark
    3. 3Y Returns are higher than the benchmark
    Cons
    1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
    2. 5Y Returns are lower than the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    HDFC Bank Ltd.FinancialEquity10.7%
    Housing Development Finance Corpn. Ltd.FinancialEquity8.3%
    Infosys Ltd.TechnologyEquity6.9%
    ICICI Bank Ltd.FinancialEquity5.9%
    ITC Ltd.FMCGEquity4.7%
    Kotak Mahindra Bank Ltd.FinancialEquity4.2%
    Larsen & Toubro Ltd.ConstructionEquity3.6%
    Hindustan Unilever Ltd.FMCGEquity3.0%
    Maruti Suzuki India Ltd.AutomobileEquity1.8%
    Bajaj Finance Ltd.FinancialEquity1.8%
    See All

    Fund Managers

    addMehul Dama
    Education
    Mr. Dama has done C.A. & B.Com
    Experience
    Prior to joining Reliance Mutual Fund, he has worked with Goldman Sachs Asset Management(India) Private Ltd. as Vice President, Benchmark Asset Management Company Private Ltd. as Assistant Vice President and Lovelock & Lewes as Assistant Manager.
    Funds Managed

    Other Details

    Reliance Index Fund Nifty Plan Growth is a Others Mutual Fund Scheme launched by Reliance Mutual Fund. This scheme was introduced to investors on 28 Sep 2010. Payal Kaipunjal is the Current Fund Manager of Reliance Index Fund Nifty Plan Growth.The fund currently has an Asset Under Management(AUM) of ₹138 Cr and the Latest NAV as of 13 Sep 2019 is ₹18.56.

    The Reliance Index Fund Nifty Plan Growth is rated Moderately High risk. Minimum SIP Investment is 100. Minimum Lumpsum Investment is 5000. Exit load of 0.25% if redeemed within 7 days.

    Investment Objective

    The primary investment objective of the scheme is to replicate the composition of the Nifty, with a view to generate returns that are commensurate with the performance of the Nifty, subject to tracking errors

    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
    Exit load of 0.25% if redeemed within 7 days
    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
    + ₹5,000
    + ₹10,000
    ONE TIME
    MONTHLY SIP
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