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Reliance Mutual Fund: Overview

Reliance Mutual Fund is one of the foremost mutual fund houses in the country. Reliance mutual fund was registered with the SEBI on 30th June 1995 and under the umbrella of the Anil Dhirubhai Ambani Group (ADAG). With more than 59.44 lakhs folios and Assets Under Management or AUM of Rs. 1, 67,009 (As on June 2016) crores under its belt, the fund house has established its repute in a quick span of time.


Reliance Mutual Fund offers its investors with a rich variants portfolio of products as per the investor’s risk appetite and financial objectives.Reliance mutual funds constantly strive to offer innovative product portfolios and it's above reproach customer service scheme to further add to value to its investors.


The Reliance Capital Asset Management Company referred as Reliance Mutual Fund (RMF) was established as a Mutual Fund Trust. It has Reliance Capital Limited as its Sponsor and the Reliance Capital Trustee Co. Limited as its Trustee. It was initially registered as Reliance Capital Mutual Fund but later was changed to Reliance Mutual Fund, as it is known as now.


The Management Team of Reliance Mutual Fund comprises of Sundeep Sikka, the Executive Director and CEO of Reliance Nippon Life Asset Management Limited, Himanshu Vyapak, Deputy CEO, Sunit Singhania, CIO of Equity Investments and Amit Tripathy, CIO of Fixed Income Investments.


Mr. Sundeep Sikka has a rich experience even with the Association of Mutual Fund of India, AMFI in chairman profile.

Types of funds offered by Reliance Mutual funds

Growth / Equity Oriented Funds:

Reliance growth or equity focused funds aim at the capital appreciation of the investment for a medium term to long term. Some of the top performing mutual funds from reliance under this category are:
 

S.no

Fund Name

Scheme details

1

Reliance Vision Fund

Open Ended Equity fund with  Growth Plan &  Growth Option

2

Reliance Top 200 Fund

Open Ended Diversified Equity fund with Growth Plan & Growth Option

3

Reliance Quant Plus Fund

Open Ended Equity fund with Growth Plan & Growth Option

4

Reliance NRI Equity Fund

Open Ended Diversified Equity Scheme- Growth Plan & Growth Option

5

Reliance Focused Large Cap Fund

Open Ended Diversified Equity fund with  Growth Plan & Growth Option

6

Reliance Index Fund - Nifty plan

Open Ended Index Linked Fund offered with  Growth Plan & Growth Option

7

Reliance Index Fund - Sensex Plan

Open Ended Index Linked Fund as  Growth Plan & Growth Option

8

Reliance Growth Fund

Open Ended Equity Growth fund with Growth Plan and Growth Option

9

Reliance Mid & Small Cap Fund

Open Ended Diversified Equity Fund Scheme with Growth Plan & Growth Option

10

Reliance Small Cap Fund

Open Ended Equity Fund as Growth Plan Growth Option

11

Reliance Regular Savings Fund - Equity option

Open Ended Scheme against Growth Plan & Growth Option

12

Reliance Equity Opportunities Fund

Open Ended Diversified EquityFund Scheme as Growth Plan & Growth Option

13

Reliance Banking Fund

Open Ended Scheme focused on Banking Sector with Growth Plan & Growth Option

14

Reliance Diversified Power Sector Fund

A special Open Ended  Scheme focused on Power Sector with  Growth Plan /Growth Option

15

Reliance Pharma Fund

Open Ended Fund focused on Pharma Sector Scheme

16

Reliance Media & Entertainment Fund

Open Ended Fund scheme targeted on Media & Entertainment Sector Scheme with Growth Plan  and Growth Option

17

Reliance Tax Saver (ELSS) Fund

Open Ended Equity Linked Tax Savings Scheme with Growth Plan  and  Growth Option

18

R* Shares Banking ETF

Open Ended Index Linked Exchange Traded Fund with Dividend Plan


Income / Debt Oriented Funds:

The Debt funds offered by Reliance Mutual Fund are intended to generate a regular flow of income by the means of investment in fixed income securities such as corporate debentures, bonds,  Government securities and various other money market instruments.


Some of the best performing debt funds from reliance mutual
 

S.no

Fund Name

 Scheme Details

1

Reliance Floating Rate Fund -

 A  Short Term Open Ended plan with Income Scheme. Available as  Growth Plan &  Growth Option

2

Reliance Money Manager Fund

 Open Ended Income Scheme with  Growth Plan & Growth Option

3

Reliance Medium Term Fund

Open Ended Income Scheme with no assured returns. Available as Growth Plan  & Growth Option

4

Reliance Short Term Fund

Open Ended Income Scheme with  Growth Plan & Growth Option

5

Reliance Regular Savings Fund - Debt option

Open Ended Scheme- With Growth Plan &Growth Option

6

Reliance Income Fund

Open Ended Income Scheme with  Growth Plan & Growth Option

7

Reliance Dynamic Bond Fund

Open Ended Income Scheme with  Growth Plan & Growth Option

8

Reliance Gilt Securities Fund

Open Ended Government Scheme in Securities and offered as  Growth Plan & Growth Option

9

Reliance Monthly Income Plan

It’s basically an Open Ended Fund with None assured monthly income & linked with availability of distributable surplus. Offered as Growth Plan Growth Option

 

Reliance Liquid Funds:

Reliance liquid funds offer easy liquidity and capital preservation of capital in a single bouquet and doubled with moderate income. This fund is focused towards investment in short-term safe instruments such as deposit certificates, treasury bills, inter-bank call money, commercial paper, government securities, etc. However, returns on these schemes are moderate as the primary objective is capital preservation. Reliance Liquid funds are best suited for those investors who want to invest their excess funds for short term. Some of the well best-performing reliance liquid fund schemes are:
 

S.no

Fund Name

Scheme Details

1

Reliance Liquidity Fund

Open Ended Liquid Fund Scheme

2

Reliance Liquid Fund - Cash Plan

Open Ended Liquid Fund Scheme

3

Reliance Liquid Fund - Treasury Plan

Open Ended Liquid Fund Scheme


Reliance Balanced Funds:

Reliance mutual fund offers various balanced funds scheme with an intention to create a proportionate balance between market risk and the attached returns. Reliance Balance funds offer investment in equities along with fixed income securities.
 

S.no

Fund Name

Scheme Details

1

Reliance Regular Savings Fund - Balanced option

Open Ended Equity Fund

2

Reliance Equity Savings Fund

An Open Ended Fund


Gold Exchange Traded Funds: 

Reliance gold fund is basically equity targeted fund which is invested in 24 carat gold kept in the safe custody of government authorized warehouses some of the top performing gold exchange-traded funds offered by Reliance MF are
 

S.no

Fund Name

Scheme Details

1

R*Shares Gold ETF

An Open Ended Gold Exchange Traded Fund

2

Reliance Gold Savings Fund

An Open Ended Fund of Fund Scheme


Sector Funds:


Reliance sector funds are offered to those investors who want to invest in Mutual funds tailored to some specifically focused segments such as banking, pharmaceuticals FMCG, Information Technology, etc.


Tax Saving Funds:


Reliance offers two types of tax saving mutual funds schemes Equity Linked Savings Schemes (ELSS) and Rajiv Gandhi Equity Saving Scheme (RGESS). The investor can avail tax benefits under the Section 80C (for ELSS) and section 80CCG (for RGESS) of IT Act,

Other Value added services by Reliance MF

Goal Planner -


A tool to decide on the long-term investment planning according to the customer risk appetite and investment objective.


Risk Analyzer


Risk Analyzer is a tool to check out that how much risk a customer can take and what should be the investment objective accordingly.

The Team – Fund Manager @ RELIANCE MF

The Fund Management team of Reliance brings to table a vast experience and expertise over the years with consistent performance. The team comprises of:


1. Ashwani Kumar -With an experience of more than 18 years in financial services industry, Mr. Ashwini Kumar has been the Fund Manager since 2003 with Reliance MF. Various funds managed by Ashwini Kumar are:
 

  1. RELIANCE TOP 200 FUNDS
  2. RELIANCE VISION FUND
  3. RELIANCE TAX SAVER (ELSS) FUND

2. Omprakash Kuckian - Mr. Omprakash Kuckian is seasoned fund manager with over 22 years of experience and have worked for companies like HDFC Securities Ltd Canbank Financial Services Ltd etc. Few of the funds managed by Omprakash Kuckian are:
 

  1. RELIANCE ARBITRAGE ADVANTAGE FUND 
  2. RELIANCE NRI EQUITY FUND 
  3. RELIANCE FOCUSED LARGE CAP FUND 
  4. RELIANCE QUANT PLUS FUND RELIANCE GOLD SAVINGS FUND
  5. R*SHARES GOLD ETF R* SHARES BANKING ETF 
  6. R*SHARES CNX 100  
  7. R*SHARES NIFTY  
  8. R*SHARES DIVIDEND OPPORTUNITIES ETF 
  9. R*SHARES CONSUMPTION ETF 
  10. R*SHARES SENSEX ETF 
  11. R*SHARES NV20 ETF 
  12. RELIANCE INDEX FUND - NIFTY PLAN 
  13. RELIANCE INDEX FUND - SENSEX PLAN 
  14. RELIANCE REGULAR SAVINGS FUND - EQUITY OPTION

3. Sailesh Raj Bhan – With an experience of more than 19 years in equity research and fund management, Shailesh Raj Bhan is associated with few of the best-known equity funds such as like Reliance Equity Opportunities Fund and Reliance Top200 Fund > the funds managed by Shailesh Raj Bhan are:
 

  1. RELIANCE TOP 200 FUNDS
  2. RELIANCE EQUITY OPPORTUNITIES FUND
  3. RELIANCE MEDIA & ENTERTAINMENT   
  4. RELIANCE PHARMA FUND

4. Samir Rachh – A graduate from Mumbai University in Commerce, Mr. Rachh has a rich experience of more than 25 years specializing mid-cap and Small Cap stocks.


5. Sanjay Parekh - Mr. Parekh has a glorious fund management background for more than 18 years in equity research and fund management. Few of the funds being managed by Sanjay Parekh are:
 

  1. RELIANCE BANKING FUND 
  2. RELIANCE REGULAR SAVINGS FUND - BALANCED OPTION 
  3. RELIANCE EQUITY SAVINGS FUND  
  4. RELIANCE MONTHLY INCOME PLAN 
  5. RELIANCE RETIREMENT FUND- WEALTH CREATION SCHEME 
  6. RELIANCE RETIREMENT FUND- INCOME GENERATION SCHEME 

6. Sunil Singhania– With a total experience of over 21 years, Sunil Singhania is one the most renowned fund manager across the country. Prior working with Reliance Mutual Fund, Sunil has substantial experience on the sell side in Indian equity market.

Some of the funds managed by Sunil Singhania are:
 

  1. RELIANCE MID & SMALL CAP FUND
  2. RELIANCE GROWTH FUND
  3. RELIANCE SMALL CAP FUND
  4. RELIANCE DIVERSIFIED POWER SECTOR FUND

7. Amit Tripathi – Amit was conferred to be one of the youngest funds managers at the age of 28 years and is with Reliance Mutual Fund for almost 9 years. During this period, he has been an integral part of Reliance Mutual Fund's successful fixed income team and has navigated the funds through tough and volatile times.


Funds Managed by Amit Tripathi:
 

  1. RELIANCE REGULAR SAVINGS FUND - BALANCED OPTION
  2. RELIANCE MONTHLY INCOME PLAN
  3. RELIANCE FLOATING RATE FUND - SHORT TERM PLAN
  4. RELIANCE MONEY MANAGER FUND
  5. RELIANCE MEDIUM TERM FUND RELIANCE LIQUIDITY FUND

8. Anju Chhajer - Anju Chhajer brings a rich experience for more than 16 years and now is a Debt Fund Manager at Reliance Nippon Life Asset Management Limited. Funds being managed by Anju Chhajer are:
 

  1. RELIANCE JAPAN EQUITY FUND
  2. RELIANCE US EQUITY OPPORTUNITIES FUND
  3. RELIANCE EQUITY SAVINGS
  4. RELIANCE MONEY MANAGER
  5. RELIANCE BANKING & PSU DEBT FUND
  6. RELIANCE MEDIUM TERM FUND
  7. RELIANCE LIQUID FUND - CASH PLAN
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