How Can Reliance Liquid Fund Help You During Financial Emergency?

After reading the title many people might argue that why to go on a route of liquid funds when savings account provides the best liquidity as the amount from a bank account can be withdraw in seconds. The argument stands a chance only in terms of faster redemption but not in terms of returns. Your amount will earn better returns through liquid funds than the once sitting ideal in your bank account. And, Reliance Liquid Fund is one such scheme that have always grabbed the top spot in terms of returns. With almost double the returns, an investor can obviously compromise with the redemption period.

Reliance Liquid Fund: At a Glance

The liquid fund of Reliance Mutual Fund was launched on 9th December, 2003 with an investment objective to provide long term capital appreciation to the investors along with high liquidity. The AUM of Reliance Liquid Fund is Rs. 34,422 Crore (as on 30th April, 2019) which is diversified in the instruments having high credit quality and low interest rate sensitivity. An investor can begin investing in this debt fund of Reliance MF with a minimum amount of Rs. 500. The scheme has an expense ratio of 0.23% (as on 30th April, 2019) which further aids in gaining high profit. Moreover, the scheme comes with a zero lock-in period which makes it a suitable fund for emergency as an investor can make the redemption any time in a day.

Reliance Liquid Fund: Style of Investment

The fund manager, Ms. Anju Chhajer follows a very focused approach and parks the investors money largely in A1+ credit quality instruments. In general, the debt and money market instruments in which the cash is ploughed have a maturity period of 0.13 years. The fund invests in the instruments having low maturity period which makes it one of the best mutual fund for the investors who want to invest in the mutual fund market for a shorter period of time and withdraw their money easily without paying the exit load.

Reliance Liquid Fund: Best Scheme During Emergency

The emergency fund of Reliance Mutual Fund has given exceptional returns in the past. Thus, by starting the SIP plan in this mutual fund, an investor can achieve good profits on the invested amount. Furthermore, L&T Midcap Fund comes with zero exit load therefore when an investor is in need of urgent amount then he can make the redemption quickly from the scheme. In this way, an investor can generate high returns on the invested amount along with high liquidity. Also, an investor can make quick redemption of up to Rs. 50000 in a day or 90% of the invested amount, whichever is low, and the remaining amount will be redeemed on the next working day.

About the Fund Manager of Reliance Liquid Fund

Ms. Anju Chhajer: She is a B.Com graduate and a CA. Ms. Chhajer joined the Reliance Mutual Fund in 2007 and holds 16 years of experience in the debt market. She manages the debt mutual funds of the AMC and is associated with the firm as Debt Fund Manager. Through her in-depth research and analysis, she has never failed to meet the expectations of the investors.

This brings us to the end of the write-up. Investors are always looking for the best investment plan that can act as a saviour during financial emergency and a perfect example of such plan is Reliance Liquid Fund. Thus, investors should park their surplus cash in this liquid fund of Reliance Mutual Fund for better gains.

Should You Direct Your Extra Money to the Reliance Money Market Fund?

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.

• 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.