What drives you towards a mutual fund investment? Do you do just to rake in a big sum? If so, you are not 100% on the track. Now you would say, why? After all, everyone wants to earn big with time, right? Well, the investments in a mutual fund should be dictated by the goals and the risk-appetite you carry and not by the urge to earn money alone.
The first two attributes will help you choose the perfect mutual fund investment partner and its schemes. One such partner is Reliance Mutual Fund which has a presence in 160 Indian cities. You can apply for Reliance Mutual Fund online as well as offline. However, you can opt for the former as it offers more convenience than the latter. So, let’s check out Reliance Mutual Fund schemes which you can subscribe online.
Why Don’t You Invest in Reliance Equity Funds to Accomplish Your Long-term Goals?
Apt for those having a higher risk-taking appetite and a longer investment horizon, Reliance Equity Funds invest predominantly in stocks to make money for the investors. The asset allocation strategy, however, can differ across the equity schemes. Let’s check out some of the top-performing equity funds.
Reliance Banking Fund
Investing in equity and debt securities issued by banks, the fund has propelled the investors to eke out a return of 25.13% since the debut in 2003. If we talk about the recent performance, it sounds big with 37.27% in a 1-year and 22.95% in a 2-year period. The net asset value (NAV) of the fund is ₹259.59, while its asset under management (AUM) touches ₹3,059.27 Cr.
Reliance Growth Fund
Seeking long-term capital appreciation, the fund invests in equity and equity-related securities, as well as debt and money-market instruments. Due to such asset allocation, the fund has generated 23.84% return for the investors since its inception in 1995. The 1-year and 2-year returns sit at the highs of 34% and 19.15%, respectively. It’s trading well with the NAV touching ₹1,142.60. On the other side, the AUM has galloped to ₹7,102.68 Cr.
Reliance Small Cap Fund
The fund, with an eye on generating long-term capital appreciation, invests in equity and equity-related instruments of small cap companies. The 1-year and 3-year returns of 51.18% and 24.81%, respectively, only make the fund too tempting to resist. While the NAV stands at ₹44.73, the AUM has gone up to ₹5,142.80 Cr.
Is Regular Income You Want from Your Investments? Pick These Debt Funds
A little lower on the risk-taking ability and don’t know where to invest? Don’t worry, Reliance debt mutual funds are here to generate fixed returns by investing your money in debt and money-market instruments. So, without any further delay, let’s check out some of the debt fund performers.
Reliance Corporate Bond Fund
The fund generates regular income by investing in a wide range of debt and money-market instruments while striking a balance between safety, liquidity and yield. Investors have raked in a return of 9.83% since 2014, the time when the fund made a debut in the MF space. While the 1-year return stands at 6.22%, the return in three years notched higher with 9.27%. The fund’s NAV and AUM are ₹13.80 and ₹8,192.94 Cr, respectively.
Reliance Income Fund
So when you keep your money here, the fund will invest it across debt and money-market instruments. The fund has helped investors get a return of 8.94% since its inception in 1998. While its NAV is traded at ₹55.12, the AUM is on the threshold of 1,000 Cr with 965.34 Cr.
Note – The NAV and AUM of the funds mentioned above are applicable till November 30, 2017. Such variables will change daily.
Reliance Mutual Fund Distributor Login
If you are looking to apply for Reliance Mutual Funds online via distributors, then you need to create a login on the latter’s website. You first need to register by entering the basic personal and professional details before creating a User ID and password to login and transact online.
Reliance Mutual Fund Account Statement
Do keep an eye on your MF account statement which tells you about the state of your investments. The statement reveals the NAV, the investment made and value it attained at a given point of time, among others.
Disclaimer- Mutual Funds are subject to market risks. Please read the scheme related documents carefully before investing.