Reliance Growth Fund predominantly invests in equity and equity-related securities on following the research-based investment approach. The fund invests its corpus in mid-cap companies which falls between 101th to 200th position of full market capitalization. Reliance Growth Fund G is suitable for investors who have the appetite of tolerating moderately high-risk and seeking the long-term capital appreciation. The fund’s portfolio comprises the companies which have higher profitability potential and have consistent growth record.
|Fund Type||Open Ended|
|Benchmark||S&P BSE Mid Cap|
|Asset Size(Cr)||6873.43 Crore (As On May 31,2018)|
|Fund Manager||Manish Gunwani (0.8)|
|Min SIP Investment||100|
|Min Addl Investment||1000|
|Exit Load||1 % For 365 Days|
|Period||Returns(%)||Benchmark Returns (%)|
- Returns for less than one year are Absolute, and those for more than one year are Annualised (CAGR).
- All the returns are calculated as against the performance of Nifty Free Float Midcap 100.
- The benchmark for the funds falling in small- and mid-cap category is Nifty Free Float Midcap 100.
|Sector||Value(In Cr)||Allocation (%)|
|Fund Name||Ratings||1 Yr Rtn.||3 Yr Rtn.||5 Yr Rtn.|
|Reliance Growth Fund (G)|| ||-1.43 %||7.51 %||19.12 %|
|Axis Mid Cap Fund (G)|| ||14.7%||8.57%||23.02%|
|Dsp BlackRock Midcap Fund (G)|| ||0.76%||11.26%||25.49%|
|Kotak Emerging Equity Scheme (G)|| ||0.01%||11.08%||26.38%|
|L&T Midcap Fund (G)|| ||0.53%||14.46%||28.38%|
|HDFC Mid-Cap Opportunities Fund (G)|| ||2.44%||12.32%||25.6%|
|Period||Returns (%)||NIFTY MIDCAP 50 (%)|
|No. of Investment||Amount Invested||Investment Value As on date||Units Purchased||CAGR|
| No. of Investment || Amount Invested || Investment Value As on date || Units Purchased || CAGR |
The graph depicts the wealth generated or the historical returns offered by the SIP investments made in the selected time horizon.
|Total Amount Invested||Investment Value As on Date||Total Units Purchased||Abs. Return|
| Total Amount Invested || Investment Value As on Date || Total Units Purchased || Abs. Return |
The graph depicts the wealth generated or the historical returns offered by the lump sum investments made in the selected time horizon.
|Sector||Value(In Cr)||Allocation (%)|
|Holdings||Instrument||Industry||Rating||Market Value||% to NAV|
|CGPowerIndustrialSolutionsLtd||Equity||INDUSTRIAL CAPITAL GOODS||-||1370.733||1.9117|
|VardhmanTextilesLtd||Equity||TEXTILE - COTTON||-||1316.834||1.8366|
|NationalAluminiumCoLtd||Equity||NON - FERROUS METALS||-||959.737||1.3385|
|UnitedSpiritsLtd||Equity||CONSUMER NON DURABLES||-||928.245||1.2946|
|TejasNetworksLtd||Equity||TELECOM - EQUIPMENT & ACCESSORIES||-||832.664||1.1613|
|RadicoKhaitanLtd||Equity||CONSUMER NON DURABLES||-||733.553||1.0231|
|ABBIndiaLtd||Equity||INDUSTRIAL CAPITAL GOODS||-||699.4||0.9754|
|BharatHeavyElectricalsLtd||Equity||INDUSTRIAL CAPITAL GOODS||-||643.54||0.8975|
|HTMediaLtd||Equity||MEDIA AND ENTERTAINMENT||-||509.563||0.7107|
|BhartiAirtelLtd||Equity||TELECOM - SERVICES||-||362.409||0.5055|
|GodrejAgrovetLtdOrdinaryShares||Equity||CONSUMER NON DURABLES||-||199.123||0.2777|
|TexmacoRailEngineeringLtd||Equity||INDUSTRIAL CAPITAL GOODS||-||166.067||0.2316|
|RelianceCommunicationsLtd||Equity||TELECOM - SERVICES||-||77.015||0.1074|
|SBICardsPaymentServicesPvtLimited||Bond - Corporate Bond||-||-||997.517||1.3912|
|TheSouthIndianBankLimited||Bond - Corporate Bond||-||-||449.48||0.6269|
Reliance Growth Fund is an open-ended scheme, which falls under the diversified equity category. It was launched on September 8, 1995, with the primary objective of achieving long-term growth of capital. To accomplish the set target, it has invested the funds in the equity and related instruments through a research-based investment approach. With a minimum amount of Rs.5000, one can start investing in this mutual fund programme. It also provides SIP investment plan to make the process even more convenient.
Reliance Growth Fund G, being a product from Reliance Mutual Funds, has gained significant market possession. It has been offering exceptional returns since its inception due to which it is among the most preferred strategies. It has an exit load of 2%(as on September 30, 2016) only which makes it cost efficient as well, and henceforth beneficial for the investors in every aspect. So, let us take an overview of this mutual fund investment programme to determine whether it is suitable for the portfolio or not.
This aims at offering capital growth to the investors by investing the funds in the diversified sectors of the industries. The fund manager conducts a proper research of the market and selects such corporates for equity investment which could yield the aspiring profits. Sunil Singhania, the current fund manager of this scheme, has an eagle eye with which he grabs the best opportunities of the industry to offer maximum benefits to the investors. One can easily compute the returns of reliance growth fund scheme using the SIP return calculator before taking the decision of investing in it.
It is quite essential to take a glance at the track performance of the reliance growth fund scheme before making it a choice for investment. Here we have provided the specifications of the performance traits of this plan that would be helpful for you in making a selection.
Reliance Growth Fund’s NAV as on October 14, 2016, amounts Rs.919.2339. This scheme holds one of the highest NAVs in the industry, which is the proof of its remarkable performance. Furthermore, the absolute annual returns generated by this programme in 2012 and 2014 were 37.5% and 53.9%, respectively. It is ranked third under the ‘Diversified Equity funds’ category by CRISIL for the quarter ended in June 2016.
It is offering annualised returns of 26.8% and 17.2% for the three- and five-year investment, as against 13.2% and 11.3% benchmark. Accordingly, it has an outstanding track record, which shows its proficiency of yielding the desired returns.
With an asset size of Rs.5,784 crore as on August 31, 2016, it has allocated 96.48% of the funds in the equities while the remaining 3.22% in cash and call instruments. The allocation has been more efficient by making wide diversification of the capital in several sectors, which include financial, chemicals, construction, FMCG, diversified and many others. The average market capitalisation of this fund is Rs.20,755.87 as against 164,430.65 of its benchmark and Rs.15,486.90 of its category. The holdings of this strategy include UPL, HCL Technologies, Aditya Birla Nuvo, Muthoot Finance, State Bank of India and many more.
In accordance with the above-mentioned description of the Reliance Growth Fund, it can be evaluated here that this mutual fund programme shall offer definite returns if the investors have a long-term investment horizon and want to put their money in the diversified scheme.
In addition, we would also want to let you know that by making an reliance growth fund SIP, you would be able to fetch many other benefits that include compounding and averaging cost. So, instead of thinking anymore, you must make the investment in this plan right away to secure your future ahead