Reliance Nivesh Lakshya Fund Direct Growth+0.13%

3Groww
22.87%
1 Year Return
Debt
Long Duration
3.0 star
6M
1Y
All

Fund Details

Reliance Nivesh Lakshya Fund Direct Growth

RiskModerate
Min SIP Amount₹500
Expense Ratio0.21%
NAV12.11 (13 Sep 2019)
Fund Started06 Jul 2018
Fund Size623 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Reliance Nivesh Lakshya Fund Direct Growth
22.9%
NA
NA
17.5%
Category Average
19.0%
8.8%
10.4%
-
Rank within category
1
NA
NA
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    Estimated Value
    as per Historical Returns
    30
    with 22.9% annual returns

    Comparison

    Data not available
    Pros
    Found nothing so far.
    Cons
    Found nothing so far.

    Top Holdings

    NameSectorInstrument% Assets
    GOISovereignGOI Sec42.1%
    GOISovereignCGL29.3%
    GOISovereignCGL25.4%
    See All

    Fund Managers

    addPrashant R Pimple
    Education
    Mr. Pimple is a MBA (Finance) and CTM.
    Experience
    Prior to joining Reliance Mutual Fund he has worked with Fidelity Mutual Fund, ICICI Bank, Bank of Bahrain & Kuwait, Saraswat Co-op Bank Ltd. and SIDBI.
    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 Nivesh Lakshya Fund Direct Growth is a Debt Mutual Fund Scheme launched by Reliance Mutual Fund. This scheme was introduced to investors on 06 Jul 2018. Prashant R.Pimple, Kinjal Desai is the Current Fund Manager of Reliance Nivesh Lakshya Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹623 Cr and the Latest NAV as of 13 Sep 2019 is ₹12.11.

    The Reliance Nivesh Lakshya Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 5000. For units above 10%, 1% will be charged if redeemed within 36 months..

    Investment Objective

    The primary investment objective of the scheme is to generate optimal returns consistent with moderate levels of risk. This income may be complemented by capital appreciation of the portfolio. Accordingly, investments shall predominantly be made in Debt & Money Market Instruments.

    Tax Implications

    Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

    Scheme Information Document(SID)

    ₹5000
    Min for First Investment
    ₹1000
    Min for Second Investment
    For units above 10%, 1% will be charged if redeemed within 36 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,
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