Top 10 Reliance Mutual Funds

Fund NameCategoryRisk1Y ReturnsRatingFund Size(in Cr)
Reliance Liquid FundDebtLow7.5%5star25,290
Reliance Gilt Securities FundDebtModerate18.5%5star1,089
Reliance Income FundDebtModerate16.6%5star256
Reliance Prime Debt FundDebtModerate9.1%4star1,140
Reliance Money Market FundDebtModerately Low8.9%4star3,074
Reliance Credit Risk FundDebtModerate4.6%3star7,009
Reliance Low Duration FundDebtModerately Low7.6%3star3,752
Reliance Dynamic Bond FundDebtModerate13.0%3star967
Reliance Floating Rate FundDebtModerately Low10.1%3star6,217
Reliance Ultra Short Duration FundDebtModerately Low2.6%3star3,258
Reliance Nivesh Lakshya FundDebtModerate22.6%3star623
Reliance Ultra Short Duration FundDebtModerately Low7.5%2star0
Reliance Banking & PSU Debt FundDebtModerately Low12.3%2star3,287
Reliance Short Term FundDebtModerately Low10.7%2star6,234
Reliance Classic Bond FundDebtModerate-0.0%1star3,456
View All Top 10 Reliance Mutual Funds

Best Reliance Debt Mutual Funds

Reliance Mutual Fund is a part of Reliance Anil Dhirubhai Ambani (ADA) ​Group and it is one of the largest growing asset management companies in India. It has an asset under management of Rs 2,40,445.37 and 83.99 lakhs folios.

Reliance Mutual Fund is present across 160 cities across the country. The main motto of the asset management company is to launch products that are not only innovative, but also conducive for investors. They believe in increasing their value to investors.

RMF provides a host of mutual funds across various categories, be it equity, debt and hybrid. The schemes have a well-managed portfolio and it has pioneered to become one of the most trusted asset management companies in India.

Reliance Mutual Fund has been sponsored by Reliance Capital Limited and Nippon Life Insurance Company.

If you are saving for very short-term goals like a vacation or buying an automobile, then this category is ideal for gains within one year. It is also an excellent resort to park your money until you decide where to invest or spend next. Returns are taxed as per your income tax slab if sold before three years and have negligible tax post that period.

Purpose: Invest here for your short term goals like a vacation, buying a bike, jewelry or expensive gadget.

Let's have a closer look

Now let us jump and check about these top 10 mutual fund schemes.

Reliance Liquid Fund Direct Growth

Fund Performance: This fund has consistently beaten its benchmark in Liquid segment and provided 7.16% annualized returns in the last 3 years. In the last 1 year, it gave 7.46% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 7.46% returns in the last 1 year. Minimum lump sum investment amount for this scheme is ₹100. Minimum SIP investment amount for this scheme is ₹100. This is one of the best Debt mutual fund in India.

Launch Date31 Dec 2012
Min Investment Amt100
AUM25,290Cr
1Y Returns7.5%

Reliance Gilt Securities Fund Direct Growth

Fund Performance: This fund has consistently beaten its benchmark in Gilt segment and provided 10.08% annualized returns in the last 3 years. In the last 1 year, it gave 18.46% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 18.46% returns in the last 1 year. Minimum lump sum investment amount for this scheme is ₹5,000. Minimum SIP investment amount for this scheme is ₹100. This is one of the best Debt mutual fund in India.

Launch Date31 Dec 2012
Min Investment Amt5,000
AUM1,089Cr
1Y Returns18.5%

Reliance Income Fund Direct Growth

Fund Performance: This fund has consistently beaten its benchmark in Medium to Long Duration segment and provided 8.07% annualized returns in the last 3 years. In the last 1 year, it gave 16.56% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 16.56% returns in the last 1 year. Minimum lump sum investment amount for this scheme is ₹5,000. Minimum SIP investment amount for this scheme is ₹100. This is one of the best Debt mutual fund in India.

Launch Date31 Dec 2012
Min Investment Amt5,000
AUM256Cr
1Y Returns16.6%

Reliance Prime Debt Fund Direct Growth

Fund Performance: This fund has consistently beaten its benchmark in Corporate Bond segment and provided 7.81% annualized returns in the last 3 years. In the last 1 year, it gave 9.08% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 9.08% returns in the last 1 year. Minimum lump sum investment amount for this scheme is ₹1,000. Minimum SIP investment amount for this scheme is ₹100. This is one of the best Debt mutual fund in India.

Launch Date31 Dec 2012
Min Investment Amt1,000
AUM1,140Cr
1Y Returns9.1%

Reliance Money Market Fund Direct Growth

Fund Performance: This fund has consistently beaten its benchmark in Money Market segment and provided 7.66% annualized returns in the last 3 years. In the last 1 year, it gave 8.9% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 8.9% returns in the last 1 year. Minimum lump sum investment amount for this scheme is ₹5,000. Minimum SIP investment amount for this scheme is ₹100. This is one of the best Debt mutual fund in India.

Launch Date31 Dec 2012
Min Investment Amt5,000
AUM3,074Cr
1Y Returns8.9%

Reliance Credit Risk Fund Direct Growth

Fund Performance: This fund has consistently beaten its benchmark in Credit Risk segment and provided 6.62% annualized returns in the last 3 years. In the last 1 year, it gave 4.59% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 4.59% returns in the last 1 year. Minimum lump sum investment amount for this scheme is ₹500. Minimum SIP investment amount for this scheme is ₹100. This is one of the best Debt mutual fund in India.

Launch Date31 Dec 2012
Min Investment Amt500
AUM7,009Cr
1Y Returns4.6%

Reliance Low Duration Fund Direct Growth

Fund Performance: This fund has consistently beaten its benchmark in Low Duration segment and provided 7.32% annualized returns in the last 3 years. In the last 1 year, it gave 7.63% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 7.63% returns in the last 1 year. Minimum lump sum investment amount for this scheme is ₹500. Minimum SIP investment amount for this scheme is ₹100. This is one of the best Debt mutual fund in India.

Launch Date31 Dec 2012
Min Investment Amt500
AUM3,752Cr
1Y Returns7.6%

Reliance Dynamic Bond Fund Direct Growth

Fund Performance: This fund has consistently beaten its benchmark in Dynamic segment and provided 7.04% annualized returns in the last 3 years. In the last 1 year, it gave 12.97% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 12.97% returns in the last 1 year. Minimum lump sum investment amount for this scheme is ₹5,000. Minimum SIP investment amount for this scheme is ₹100. This is one of the best Debt mutual fund in India.

Launch Date31 Dec 2012
Min Investment Amt5,000
AUM967Cr
1Y Returns13.0%

Reliance Floating Rate Fund Direct Growth

Fund Performance: This fund has consistently beaten its benchmark in Floater segment and provided 7.49% annualized returns in the last 3 years. In the last 1 year, it gave 10.14% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 10.14% returns in the last 1 year. Minimum lump sum investment amount for this scheme is ₹5,000. Minimum SIP investment amount for this scheme is ₹100. This is one of the best Debt mutual fund in India.

Launch Date31 Dec 2012
Min Investment Amt5,000
AUM6,217Cr
1Y Returns10.1%

Reliance Ultra Short Duration Fund Direct Growth

Fund Performance: This fund has consistently beaten its benchmark in Ultra Short Duration segment and provided 7.06% annualized returns in the last 3 years. In the last 1 year, it gave 2.61% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 2.61% returns in the last 1 year. Minimum lump sum investment amount for this scheme is ₹100. Minimum SIP investment amount for this scheme is ₹100. This is one of the best Debt mutual fund in India.

Launch Date31 Dec 2012
Min Investment Amt100
AUM3,258Cr
1Y Returns2.6%

Reliance Nivesh Lakshya Fund Direct Growth

Fund Performance: This fund has consistently beaten its benchmark in Long Duration segment and provided -100% annualized returns in the last 3 years. In the last 1 year, it gave 22.64% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 22.64% returns in the last 1 year. Minimum lump sum investment amount for this scheme is ₹5,000. Minimum SIP investment amount for this scheme is ₹500. This is one of the best Debt mutual fund in India.

Launch Date05 Jul 2018
Min Investment Amt5,000
AUM623Cr
1Y Returns22.6%

Reliance Ultra Short Duration Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Ultra Short Duration segment and provided -100% annualized returns in the last 3 years. In the last 1 year, it gave 7.54% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 7.54% returns in the last 1 year. Minimum lump sum investment amount for this scheme is ₹100. Minimum SIP investment amount for this scheme is ₹100. This is one of the best Debt mutual fund in India.

Launch Date31 Dec 2012
Min Investment Amt100
AUM0Cr
1Y Returns7.5%

Reliance Banking & PSU Debt Fund Direct Growth

Fund Performance: This fund has consistently beaten its benchmark in Banking & PSU segment and provided 8.16% annualized returns in the last 3 years. In the last 1 year, it gave 12.3% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 12.3% returns in the last 1 year. Minimum lump sum investment amount for this scheme is ₹5,000. Minimum SIP investment amount for this scheme is ₹100. This is one of the best Debt mutual fund in India.

Launch Date14 May 2015
Min Investment Amt5,000
AUM3,287Cr
1Y Returns12.3%

Reliance Short Term Fund Direct Growth

Fund Performance: This fund has consistently beaten its benchmark in Short Duration segment and provided 7.63% annualized returns in the last 3 years. In the last 1 year, it gave 10.68% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 10.68% returns in the last 1 year. Minimum lump sum investment amount for this scheme is ₹5,000. Minimum SIP investment amount for this scheme is ₹100. This is one of the best Debt mutual fund in India.

Launch Date31 Dec 2012
Min Investment Amt5,000
AUM6,234Cr
1Y Returns10.7%

Reliance Strategic Debt Fund Direct Growth

Fund Performance: This fund has consistently beaten its benchmark in Medium Duration segment and provided 4.76% annualized returns in the last 3 years. In the last 1 year, it gave -0.01% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -0.01% returns in the last 1 year. Minimum lump sum investment amount for this scheme is ₹5,000. Minimum SIP investment amount for this scheme is ₹100. This is one of the best Debt mutual fund in India.

Launch Date25 Jun 2014
Min Investment Amt5,000
AUM3,456Cr
1Y Returns-0.0%

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What does investing in Reliance Debt Mutual Funds actually mean?

Suppose a mutual fund invests in ten stocks and total current market value of these stocks is 1.1 Crore. Out of this, the AMC deducts say, 0.1 Crore for operating the fund (this is known as the expense ratio). So the net value is 1 crore. Now the AMC will divide this 1 Crore into say, 10,000 parts. These parts are known as units. The cost of one unit is 1Cr/10,000 = Rs. 1000. This is known as the Net Asset Value (NAV) of the mutual fund. Suppose the AMC has set a minimum investment requirement of Rs. 500. Then if you pay Rs. 500, you will get 0.5 units of the fund. Remember that the cost of one unit is the cost when you made the purchase. Suppose after one year, the NAV has fallen to Rs. 700 per unit and you wish to exit the fund (also known as redemption), then you sell your 0.5 units back to the AMC and get 0.5 x Rs. 700 = Rs. 350 back. Yes, you invested Rs. 500 and got back Rs. 350 – a loss of 150 over a year. The point is, that you buy units at current NAV and sell units (fully or partially) at current NAV. This is what investing in mutual fund actually means.

How to invest in Reliance Mutual Funds on Groww?

One of the best ways to hedge against the small-cap volatility is to adopt a phased approach, also known as Systematic Investment Plan (SIP) approach. We are sure that you must be aware of SIP and its benefits. Buying in small quantity but buying regularly provides you with faster growth. On Groww.in, all transactions to and from AMC is done via BSE. When you decide to invest in a large cap mutual fund of your choice, you choose that mutual fund on the website and click ‘invest’. Following that, you are redirected to the BSE page where you make the payment. BSE then directs your money to the AMC managing your mutual fund. To be assured at your end, you can visit the individual AMC website after the payment. You would be able to see all your purchased units against your folio number.

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