Reliance Group is one of the largest private sector firms which has achieved great success in numerous sectors. Reliance Mutual Fund has provided the investors with several need-specific schemes to maintain financial stability for every investor. It is one of the largest AMCs in India, regarding the number of investors and assets under management. Reliance Large-cap Fund which was earlier known as Reliance top 200 fund is a large-cap fund which is known for its stability and resistance to volatility of the equity market. As the fund invests in equity instruments of large-cap companies which are financially stable and have the experience to deal with the ups and downs of the market, it is opted by the investors with a low risk appetite.
Reliance Large-Cap Fund (G)
The fund has been a consistent performer in recent years and has been able to generate a positive return while equity market was swooping to grounds. It has generated a positive return of 9.2% in 1 year, an annualised return of 17.5% in 2 years and 18.1% in 5 years. It has successfully achieved the target of long-term capital appreciation and has fulfiled the goals of many successful investors. The benchmark of the fund is S&P BSE 100 Index which has been beaten most of the time.
Since it is a large-cap fund, it has to invest more than 80% of the corpus in equity instruments as per the norms of SEBI. More than 95% of the corpus of Reliance Large Cap Fund is invested in equity instruments. The fund manager also invests 10-15% of the corpus in mid-cap companies. The finance sector is mainly targeted which possess more than 25% of the corpus. Companies of engineering, automotive, oil & gas, pharmaceuticals sector also possess a good amount of corpus.
Fund Manager: The fund is managed by Mr Sailesh Raj Bhan who is an MBA in Finance and CFA. He has been managing this fund since its inception in June 2007. Apart from Reliance Large-cap Fund he manages Reliance Multi Cap Fund, Reliance Close Ended Equity Fund, Reliance Pharma Fund, and many other good performing funds. He possesses more than 19 years of experience with over 10 years spent at Reliance Nippon Life Asset Management Limited.
The minimum initial investment supported by the fund is Rs 5000. After which Rs 1000 can be invested as a lumpsum amount and the minimum SIP of Rs 100 is also supported. Features like STP and SWP are also supported. The exit load is 1% for redemption within 365 days of investing, and the expense ratio is 2%. The NAV of Reliance Large-Cap Fund (G) is Rs 31.82.
The fund is suitable for the investors who seek a decent and consistent returns by investing predominantly in equity instruments of large-cap companies. The risk factor is moderately low, but investors are advised to consult with a financial expert before investing. At MySIPonline investors can get the full detail of the mutual fund schemes and the investor-friendly customer support team provides the best guidance according to the needs of the investor.
Reliance Large-Cap Fund (G)
The fund has been a consistent performer in recent years and has been able to generate a positive return while equity market was swooping to grounds. It has generated a positive return of 9.2% in 1 year, an annualised return of 17.5% in 2 years and 18.1% in 5 years. It has successfully achieved the target of long-term capital appreciation and has fulfiled the goals of many successful investors. The benchmark of the fund is S&P BSE 100 Index which has been beaten most of the time.
Since it is a large-cap fund, it has to invest more than 80% of the corpus in equity instruments as per the norms of SEBI. More than 95% of the corpus of Reliance Large Cap Fund is invested in equity instruments. The fund manager also invests 10-15% of the corpus in mid-cap companies. The finance sector is mainly targeted which possess more than 25% of the corpus. Companies of engineering, automotive, oil & gas, pharmaceuticals sector also possess a good amount of corpus.
Fund Manager: The fund is managed by Mr Sailesh Raj Bhan who is an MBA in Finance and CFA. He has been managing this fund since its inception in June 2007. Apart from Reliance Large-cap Fund he manages Reliance Multi Cap Fund, Reliance Close Ended Equity Fund, Reliance Pharma Fund, and many other good performing funds. He possesses more than 19 years of experience with over 10 years spent at Reliance Nippon Life Asset Management Limited.
The minimum initial investment supported by the fund is Rs 5000. After which Rs 1000 can be invested as a lumpsum amount and the minimum SIP of Rs 100 is also supported. Features like STP and SWP are also supported. The exit load is 1% for redemption within 365 days of investing, and the expense ratio is 2%. The NAV of Reliance Large-Cap Fund (G) is Rs 31.82.
The fund is suitable for the investors who seek a decent and consistent returns by investing predominantly in equity instruments of large-cap companies. The risk factor is moderately low, but investors are advised to consult with a financial expert before investing. At MySIPonline investors can get the full detail of the mutual fund schemes and the investor-friendly customer support team provides the best guidance according to the needs of the investor.
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