Reliance Mutual Fund is a subsidiary of Reliance Group, which is one of the best mutual funds in India showing fast growth in a short span of time. Reliance MF constantly aims to launch innovative products and customer service initiatives to increase value to investors. It’s one of India’s leading private sector companies providing financial services, and one of the top private sector companies providing financial services (considering net worth).
Key Features of Reliance MF
Reliance MF enable its investors to earn high returns. The main features of this Mutual Fund are as follow:
- With good distribution network in India.
- It is leading fund in the industry.
- Reliance MF experts come with 20+ years of experience.
- Reliance provides matchless customer service.
Types of Reliance MF
Reliance offers different types of Mutual Funds:
Debt Funds – Debt funds are like a saving plan that offers medium returns which is reliable and safe when compared with equity fund:
Following are the debt funds schemes which fall in this category:
- Long Term – Most of the time this plan hit maturity in the time span of 10 years.
- Short Term – Short term plan is considered as short term that makes investment safe.
- Ultra Short Term – Ultra Short Term is fixed income scheme that has a shorter maturity period.
- Equity Fund – These are invested in stock market or equity funds. It involves high risk, which gets aggressive investments return.
- MIP – MIP provides a steady monthly income, suitable for retired people or the ones retiring soon.
- GILT – These plans are safe bonds that make the investment in government securities.
- Dynamic – This plan offers an investor flexibility to shift between Long Term and Short Term investment instrument. Depending on market situation and fund manager’s outlook.
2.Sector Funds – Sector-specific funds which invests in sectors like Finance, Oil, Infrastructure and much more.
- Tax Saver Funds – Tax Saver Funds or ELSS enables its investors in saving tax u/s 80C of the Income Tax Act, 1961.
- Index Funds– These funds are designed to keep a check on a specific index.
- Diversified LCP – DLC Funds let you diversify the total income across diverse securities to balance or nullify the risk factor.
- Arbitrage Funds– USP of this fund is that it plays well in the market and takes the best out of price obtainable in the market. Also, this fund continuously purchases low price securities and then sells them in other market by making a higher price quote of the same securities.
- Balanced Funds – Balanced funds come with a nearly same amount of debts and equity instruments.
- Diversified Multi-Cap Funds– This fund invests in various securities not on the basis of their market capitalization, for instance making investment in small cap and large cap investment instrument.
- ETF – These funds make the investment in diverse securities, being traded during the day, unlike mutual funds.
- Diversified Small Cap and Mid Cap Funds– Similarly diversified multi-cap, investment are done in small and mid-instruments.
- International Funds – These funds invests in international securities.
- Gold Funds– Gold funds invests in traded stocks of companies dealing in gold mining or gold. Gold funds provide investors with the chance to buy pure gold with affordable pricing and then sells them at priceslinked in market.
- Liquid Funds – Mostly, such funds are taken as an addition to short term funds. These investments are made in safer markets. For such funds, the lock in period keeps on changing.