Top 10 Reliance Mutual Funds

Fund NameCategoryRisk1Y ReturnsRatingFund Size(in Cr)
Reliance Large Cap FundEquityModerately High2.3%5star11,070
Reliance Small Cap FundEquityModerately High-10.8%3star6,910
Reliance Value FundEquityModerately High-3.8%3star3,000
Reliance Growth FundEquityModerately High-10.3%3star6,234
merged with Reliance Focused Equity FundEquityModerately High9.4%3star1,360
Reliance Focused Equity FundEquityModerately High-8.5%3star3,558
Reliance Banking FundEquityHigh0.7%3star3,101
Reliance Capital Builder Fund IV - Series DEquityModerately HighN.A3star0
Reliance Capital Builder Fund IV - Series AEquityModerately HighN.A3star0
Reliance Tax Saver (ELSS) FundEquityModerately High-17.3%2star9,496
Reliance Multi Cap FundEquityModerately High1.0%2star10,065
Reliance Japan Equity FundEquityHigh2.4%1star17
Reliance Consumption FundEquityHigh-5.3%1star70
Reliance VisionEquityModerately High-15.2%1star2,948
Reliance US Equity Opportunities FundEquityHigh15.7%1star29
View All Top 10 Reliance Mutual Funds

Best Reliance Equity 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.

Equity Savings Fund typically invests the total capital in three segments- pure equity, arbitrage and debt funds. Generally, one-third of the total capital in pure equity, one-third in debt funds and the balance in arbitrage funds. However, the composition varies from fund to fund. The equity component can vary from 20-40% approx and depends on the type of mutual fund.

These funds outperform debt funds over taxation and treated as equity funds for taxation. If sold before a year, short term capital gains are taxed at 15% and if sold after a year, no tax is levied on the gains.

Purpose: Invest here for your longer duration to get higher returns than debt funds.

Let's have a closer look

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

Reliance Large Cap Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Large Cap segment and provided 14.33% annualized returns in the last 3 years. In the last 1 year, it gave 2.31% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 2.31% returns in the last 1 year. Groww rated this fund as 5 Star. This is one of the best Equity mutual fund in India.

Fund Manager: Ashwani Kumar, Sailesh Raj Bhan

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating5star
AUM11,070Cr
1Y Returns2.3%

Reliance Small Cap Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Small Cap segment and provided 15.7% annualized returns in the last 3 years. In the last 1 year, it gave -10.85% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -10.85% returns in the last 1 year. Groww rated this fund as 3 Star. This is one of the best Equity mutual fund in India.

Fund Manager: Samir Rachh, Dhrumil Shah

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating3star
AUM6,910Cr
1Y Returns-10.8%

Reliance Value Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Value segment and provided 11.52% annualized returns in the last 3 years. In the last 1 year, it gave -3.77% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -3.77% returns in the last 1 year. Groww rated this fund as 3 Star. This is one of the best Equity mutual fund in India.

Fund Manager: Samir Rachh

Launch Date31 Dec 2012
Min Investment Amt500
Groww Rating3star
AUM3,000Cr
1Y Returns-3.8%

Reliance Growth Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Mid Cap segment and provided 12.01% annualized returns in the last 3 years. In the last 1 year, it gave -10.32% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -10.32% returns in the last 1 year. Groww rated this fund as 3 Star. This is one of the best Equity mutual fund in India.

Fund Manager: Manish Gunwani

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating3star
AUM6,234Cr
1Y Returns-10.3%

Reliance Focused Equity Fund

Fund Performance: This fund has consistently beaten its benchmark in Large Cap segment and provided 10.27% annualized returns in the last 3 years. In the last 1 year, it gave 9.37% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 9.37% returns in the last 1 year. Groww rated this fund as 3 Star. This is one of the best Equity mutual fund in India.

Fund Manager: Meenakshi Dawar

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating3star
AUM1,360Cr
1Y Returns9.4%

Reliance Focused Equity Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Focused segment and provided 11.01% annualized returns in the last 3 years. In the last 1 year, it gave -8.54% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -8.54% returns in the last 1 year. Groww rated this fund as 3 Star. This is one of the best Equity mutual fund in India.

Fund Manager: Samir Rachh

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating3star
AUM3,558Cr
1Y Returns-8.5%

Reliance Banking Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Sectoral/Thematic segment and provided 18.36% annualized returns in the last 3 years. In the last 1 year, it gave 0.71% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 0.71% returns in the last 1 year. Groww rated this fund as 3 Star. This is one of the best Equity mutual fund in India.

Fund Manager: Sanjay Parekh

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating3star
AUM3,101Cr
1Y Returns0.7%

Reliance Capital Builder Fund IV - Series D - Direct - Growth

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

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -100% returns in the last 1 year. Groww rated this fund as 3 Star. This is one of the best Equity mutual fund in India.

Fund Manager: Jahnvee Shah, Manish Gunwani, Meenakshi Dawar, Dhrumil Shah

Launch Date17 Jan 2018
Min Investment Amt5,000
Groww Rating3star
AUM0Cr
1Y Returns-100.0%

Reliance Capital Builder Fund IV - Series A - Direct - Growth

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

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -100% returns in the last 1 year. Groww rated this fund as 3 Star. This is one of the best Equity mutual fund in India.

Fund Manager: Jahnvee Shah, Meenakshi Dawar

Launch Date22 Oct 2017
Min Investment Amt5,000
Groww Rating3star
AUM0Cr
1Y Returns-100.0%

Reliance Tax Saver (ELSS) Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in ELSS segment and provided 8.53% annualized returns in the last 3 years. In the last 1 year, it gave -17.32% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -17.32% returns in the last 1 year. Groww rated this fund as 2 Star. This is one of the best Equity mutual fund in India.

Fund Manager: Ashwani Kumar

Launch Date31 Dec 2012
Min Investment Amt500
Groww Rating2star
AUM9,496Cr
1Y Returns-17.3%

Reliance Multi Cap Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Multi Cap segment and provided 10.65% annualized returns in the last 3 years. In the last 1 year, it gave 0.99% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 0.99% returns in the last 1 year. Groww rated this fund as 2 Star. This is one of the best Equity mutual fund in India.

Fund Manager: Sailesh Raj Bhan

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating2star
AUM10,065Cr
1Y Returns1.0%

Reliance Japan Equity Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Sectoral/Thematic segment and provided 4.78% annualized returns in the last 3 years. In the last 1 year, it gave 2.43% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 2.43% returns in the last 1 year. Groww rated this fund as 1 Star. This is one of the best Equity mutual fund in India.

Fund Manager: Anju Chajjer, Jahnvee Shah

Launch Date25 Aug 2014
Min Investment Amt5,000
Groww Rating1star
AUM17Cr
1Y Returns2.4%

Reliance Consumption Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Sectoral/Thematic segment and provided 5.37% annualized returns in the last 3 years. In the last 1 year, it gave -5.29% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -5.29% returns in the last 1 year. Groww rated this fund as 1 Star. This is one of the best Equity mutual fund in India.

Fund Manager: Sailesh Raj Bhan

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating1star
AUM70Cr
1Y Returns-5.3%

Reliance Vision - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Large & Mid Cap segment and provided 8.31% annualized returns in the last 3 years. In the last 1 year, it gave -15.2% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -15.2% returns in the last 1 year. Groww rated this fund as 1 Star. This is one of the best Equity mutual fund in India.

Fund Manager: Ashwani Kumar

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating1star
AUM2,948Cr
1Y Returns-15.2%

Reliance US Equity Opportunities Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Sectoral/Thematic segment and provided 14.52% annualized returns in the last 3 years. In the last 1 year, it gave 15.7% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 15.7% returns in the last 1 year. Groww rated this fund as 1 Star. This is one of the best Equity mutual fund in India.

Fund Manager: Anju Chajjer, Kinjal Desai

Launch Date17 Jul 2015
Min Investment Amt5,000
Groww Rating1star
AUM29Cr
1Y Returns15.7%

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What does investing in Reliance Equity 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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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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