The Indian money market is a replica of the universe in terms of its never ending size and occupants. Out of a population of 1.25 billion, at least 30% is engaged in some investment activities, primarily being mutual fund investments. Statistics show that the past 5 years have been the most important times in the history of Indian mutual fund investments, with an addition of 20,000 SIPs every month like clockwork.
A surprising fact that came in front in such revelation was that even today, people choose old school methods of investing their surplus cash instead of using modern tools, such as Reliance Money Market Fund. This fund is a much more efficient replacement to the primitive methods of saving banks and fixed deposits account. The returns reaped by this fund are much more higher than what your conventional routes could ever achieve.
At MySIPonline, we work very hard to bring out something new and meaningful for the masses. In this article, we have covered some of the vital points that constitute Reliance Money Market Fund (G). The explanation provided here contains enough reasons for you to get lured to invest in this fund, and thus boost the power of your portfolio.
Every effort has been made to incorporate as many points on this fund as possible in their most transparent form, however, in spite of that, there might be a slim chance of some leftovers. But, worry not! Our online portal is a digital library for all the information in the world that you might need regarding to your investment. So, without delaying any further, let’s cut to the chase and start our discussion right away!
The Snapshot
Reliance Money Market Fund - Regular Plan (Growth), erstwhile known as Reliance Liquidity Fund, is a debt-oriented liquid fund, which was introduced in the Indian market 13 years ago, in the year 2005. The main objective of this fund is to capture best returns that are adjusted against moderate levels of risk and also achieve liquidity of funds, by investing in the money market instruments. It is a fantastic replacement to the old methods of parking surplus money in bank accounts or fixed deposits, as it provides considerably higher returns than its older competitors.
The Statistics
As an investor, the most important areas to discover regarding any fund is the performance that it has given in the past and the asset pool that it handles at present. Reliance Money Market Fund (G), belonging to one of India’s largest and most prestigious asset management companies, Reliance Mutual Fund, is short of none. It has solid asset figures to its bank, plus an exuberant performance graph for not a very distant past.
So, if you had your expenses handled in a much better way than last year which left some extra money in your pocket, then it’s time that you place that money in Reliance Money Market Fund. MySIPonline provides an easy-to-use online portal to instantly start an investment in any fund.
A surprising fact that came in front in such revelation was that even today, people choose old school methods of investing their surplus cash instead of using modern tools, such as Reliance Money Market Fund. This fund is a much more efficient replacement to the primitive methods of saving banks and fixed deposits account. The returns reaped by this fund are much more higher than what your conventional routes could ever achieve.
At MySIPonline, we work very hard to bring out something new and meaningful for the masses. In this article, we have covered some of the vital points that constitute Reliance Money Market Fund (G). The explanation provided here contains enough reasons for you to get lured to invest in this fund, and thus boost the power of your portfolio.
Every effort has been made to incorporate as many points on this fund as possible in their most transparent form, however, in spite of that, there might be a slim chance of some leftovers. But, worry not! Our online portal is a digital library for all the information in the world that you might need regarding to your investment. So, without delaying any further, let’s cut to the chase and start our discussion right away!
The Snapshot
Reliance Money Market Fund - Regular Plan (Growth), erstwhile known as Reliance Liquidity Fund, is a debt-oriented liquid fund, which was introduced in the Indian market 13 years ago, in the year 2005. The main objective of this fund is to capture best returns that are adjusted against moderate levels of risk and also achieve liquidity of funds, by investing in the money market instruments. It is a fantastic replacement to the old methods of parking surplus money in bank accounts or fixed deposits, as it provides considerably higher returns than its older competitors.
The Statistics
As an investor, the most important areas to discover regarding any fund is the performance that it has given in the past and the asset pool that it handles at present. Reliance Money Market Fund (G), belonging to one of India’s largest and most prestigious asset management companies, Reliance Mutual Fund, is short of none. It has solid asset figures to its bank, plus an exuberant performance graph for not a very distant past.
- The Assets:
The quantum of the assets handled by a fund decides its position in the market in terms of size, and thus plays an important role in attracting customer traffic. As of 30th April, 2018, Reliance Money Market Fund had a recorded asset base of Rs. 4,646 crore. The NAV, which is the per unit distribution of the assets, stood at Rs. 2627.469 as on 17th May, 2018. - The Performance:The returns of the best liquid funds in the market have been recorded to be somewhere between 7-9%. Reliance Money Market Fund (Growth) exhibited an astonishing performance by securing numbers that are miles ahead of its benchmark. The following graph depicts a clear picture of the past 5 year returns grappled by this fund:-
So, if you had your expenses handled in a much better way than last year which left some extra money in your pocket, then it’s time that you place that money in Reliance Money Market Fund. MySIPonline provides an easy-to-use online portal to instantly start an investment in any fund.
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