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Reliance NRI Equity Fund
| Performance as on 31/08/2010 |
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Absolute |
Compound Annualized |
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6 months |
1 Year |
3 Years |
5 Years |
Since Inception |
| Reliance NRI Equity Fund- Growth |
17.36 |
27.26 |
11.47 |
22.81 |
26.56 |
| BSE 200 Index |
11.16 |
19.29 |
7.42 |
17.86 |
20.44 |
Welcome to Reliance Mutual Fund
The last few years have seen opening up of the Indian economy in areas of foreign investment, strengthening of the domestic financial system, liberalisation of imports, interest rates and exchange rates and a more conductive environment for investing in industry and the people intensive services sector. A clear indicator of which is the average economic growth rate. Adding impetus to the growth is the focus on infrastructure development and a boom in the Business Process Outsourcing sector. Well-regulated stock and debt markets including banks and mutual funds are also enhancing investor confidence. Just the right time to invest in the ‘IndiaOpportunity’. A time to make your money work at home, while you work abroad.
Investment Objective of the Reliance NRI Equity Fund
The primary investment objective of the Reliance NRI Equity Fund is to generate optimal returns by investing in equity or equity related instruments primarily drawn from the companies in the BSE 200 index.
Asset Allocation Pattern
| Instrument |
Asset Allocation |
Risk |
| Equity and Equity related Instruments |
65-100% |
Medium to High |
| Debt and Money Market Instruments* |
Up to 35% |
Low to Medium |
Choice of Plans
Growth Plan: The Growth Plan is designed for investors interested in capital appreciation on their investment and not in regular income. Accordingly, the Scheme will not declare dividends under the Growth Plan. The income earned on the Growth Plan's corpus will remain invested in the Growth Plan.
The Growth Plan has two options:
- Growth Option : Under this option, there will be no distribution of income and the returns to the investor is only by way of capital gains/ appreciation, if any, through redemption at applicable NAV of the units held by them.
- Bonus Option : Under this plan Bonus in the form of additional units will be allotted.
Dividend Plan : The Dividend Plan has been designed for investors who require regular income in the form of dividends. Under the Dividend Plan, the Scheme will endeavour to make regular dividend payments to the unit holders. Dividend will be distributed from the available distributable surplus.
Dividend Plan has two options :
- Dividend Payout Option : Under this option the Dividend declared under the Dividend Plan will be paid to the unit holders within 30 days from the declaration of the dividend.
- Dividend Reinvestment Option : The Dividend Plan has a Reinvestment Option whereby the dividend distributed under the plan will be automatically reinvested at the ex-dividend NAV on the transaction day following the date of declaration of dividend and additional units will be allotted accordingly.
Minimum Application Amount
Rs. 50,000/-and in multiples of Re. 1 thereafter
Load Structure:
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| Entry Load |
In terms of SEBI circular no. SEBI/IMD/CIR No.4/ 168230/09 dated June 30, 2009, no entry load will be charged by the Scheme to the investor effective August 1, 2009. Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors' assessment of various factors including the service rendered by the distributor |
NIL |
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| Exit Load |
| If redeemed or switched out on or before completion of 1 year from the date of allotment of units. |
1% |
| If redeemed or switched out after completion of 1 year from the date of allotment of units |
Nil |
Benchmark Index
BSE 200
Investor Friendly Features
Redemption
We endeavour to issue the redemption cheque within 3-4 working days
Minimum Redemption Amount
Any amount or any number of units.
Systematic Investment Plan
You can invest on a Monthly or Quarterly basis, a minimum sum of Rs. 500/- or Rs. 1500/- respectively and in multiples of Re. 1/- thereafter.
Systematic Withdrawal Plan
You can withdraw from your investments on a Monthly or Quarterly basis, a minimum sum of Rs. 500/- and in multiples of Rs. 100/- thereafter.
Switch Facility
This facility is available at the applicable load in respective schemes.
Online Transaction
You can purchase, switch and redeem units of Reliance Mutual Fund Schemes at www.reliancemutual.com
About us
Reliance Mutual Fund, a part of the Reliance - Anil Dhirubhai Ambani Group (R-ADAG) is one of the fastest growing mutual funds in the country. Reliance Mutual Fund offers investors a well-rounded portfolio of products to meet varying investor requirements. Reliance Mutual Fund has a presence in over 80 cities across the country, an investor base of over 2 million and manages Average Assets Under Management (AAUM) of Rs. 1,04,511Crores and an investor count of over 73.30 Lakh folios. (AAUM and investor count as of August 2010)
Reliance Mutual Fund constantly endeavours to launch innovative products and customer service initiatives to increase value to investors. Reliance Mutual Fund schemes are managed by Reliance Capital Asset Management Ltd., a wholly-owned subsidiary of Reliance Capital Ltd.
Reliance Capital Ltd. is one of India’s leading and amongst the fastest growing private sector financial services companies, and ranks among the leading private sector financial services and banking companies, in terms of net worth. Reliance Capital Ltd. has interests in asset management and mutual funds, life and general insurance, private equity and proprietary investments, stock broking and other financial services.
Sponsor : Reliance Capital Limited.
Trustee : Reliance Capital Trustee Co. Limited.
Investment Manager : Reliance Capital Asset Management Limited.
Statutory Details : The Sponsor, the Trustee and the Investment Manager are incorporated under the Companies Act 1956.
General Risk Factors : Mutual Funds and securities investments are subject to market risks and there is no assurance or guarantee that the objectives of the Scheme will be achieved. As with any investment in securities, the NAV of the Units issued under the Scheme can go up or down depending on the factors and forces affecting the capital markets. Past performance of the Sponsor/AMC/Mutual Fund is not indicative of the future performance of the Scheme. The Sponsor is not responsible or liable for any loss resulting from the operation of the Scheme beyond their initial contribution of Rs.1 lakh towards the setting up of the Mutual Fund and such other accretions and additions to the corpus. The Mutual Fund is not guaranteeing or assuring any dividend/bonus. The Mutual Fund is also not assuring that it will make periodical dividend/bonus distributions, though it has every intention of doing so. All dividend/bonus distributions are subject to the availability of distributable surplus in the Scheme. For scheme specific risk factors, please refer to the provisions of the Offer Document. Please read the Offer Document carefully before investing.
Only for Non-Resident Indians.
For more information contact your financial advisor.
Rep. Office:
Reliance Capital Asset Management Limited,
P.O. Box 124296,
603, Al Mussalla Towers (Office Complex),
Khalid Bin Al Waleed Street (Bank Street) Dubai, United Arab Emirates,
Tel. No.: 00971-4-3971120.
www.reliancemutual.com
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