Reliance Mutual Fund (RMF)

A

abhishreshthaa

Abhijeet S
Reliance Mutual Fund (RMF)

Reliance Mutual Fund, a part of the Reliance – Anil Dhirubhai Ambani Group (R-ADAG) is one of the fastest growing mutual funds in the country .

Reliance Mutual Fund offers investors a well rounded portfolio of products of meet varying investor requirements .

Reliance Mutual Fund has a presence in over 115 cities across the country , an investor base of over 3.1 Million and manages assets over Rs. 39019 crore as on 31st Jan 2007.

Reliance Mutual Fund constantly endeavors to launch innovative products and customer service initiatives to increase value to investors.


Reliance Mutual Fund schemes are managed by Reliance Capital Asset Management Ltd.

A wholly owned subsidiary of Reliance Capital Ltd. Reliance Capital is one of India’s leading and fastest growing private sector financial services companies, and ranks among the top 3 private sector financial services and banking companies, in terms of net worth .

Reliance Capital has interests in asset management and mutual funds , life and general insurance , private equity and proprietary investments , stock broking and other financial services .


There are three types of schemes which are provided to the investors under these mutual funds and they are as follows.

Equity / Growth Schemes.

  • The aim of growth funds is to provide capital appreciation over the medium to long- term. Such schemes normally invest a major part of their corpus un equities .

  • Such funds have comparatively high risks. These schemes provide different options to the investors like dividend option , appreciation , etc. and the investors may choose an option depending on their preferences.

  • The investors must indicate the option in the application form . the mutual funds also allow the investors to change the options at a later date.

  • Growth schemes are good for investors having a long – term outlook seeking appreciation over a period of time .


Debt/ Income Schemes

  • The aim of income funds is to provide regular and steady income to investors. Such schemes generally invest in fixed income securities such as bonds.

  • Corporate debentures, Government securities an money market instruments . Such funds are less risky compared to equity schemes. These funds are not affected because of fluctuations in equity markets. However, opportunities of capital appreciation are also limited in such funds .

  • The NAV’s of such funds are affected because of change in interest rates in the country. If the interest rates fall, NAV’s of such funds are likely to increase in the short run and vice versa.

  • However, long term investors may not bother about these fluctuations.


Sector Specific Schemes

  • These are the funds / schemes which invest in the securities of only those sectors or industries as specified in the offer documents . e.g. Pharmaceuticals, Software, Fast Moving Consumer Goods ( FMCG), Petroleum stocks, etc. The returns in these funds are dependent on the respective sectors / industries.


BENEFITS OF MUTUAL FUND :-

Mutual Funds are of great importance to the investors. Some of the advantages of mutual funds could be summarized as follows:

The advantages of investing in a Mutual Fund are

 Professional Management

 Diversification

 Convenient Administration

 Return Potential

 Low Costs

 Liquidity

 Transparency

 Flexibility

 Choice of schemes

 Tax benefits

 Well regulated


TYPES OF MUTUAL FUND SCHEMES;-

BY STRUCTURE

  •  Open – Ended Schemes
  •  Close – Ended Schemes
  •  Interval – Schemes

BY INVESTMENT OBJECTIVE

  •  Growth Schemes
  •  Income Schemes
  •  Balanced Schemes
  •  Money Market Schemes

OTHER SCHEMES

  •  Tex Saving Schemes
  •  Special Schemes
  •  Index Schemes
  •  Sector Specifies Schemes


:SugarwareZ-082:
 
abhishreshthaa said:
Reliance Mutual Fund (RMF)

Reliance Mutual Fund, a part of the Reliance – Anil Dhirubhai Ambani Group (R-ADAG) is one of the fastest growing mutual funds in the country .

Reliance Mutual Fund offers investors a well rounded portfolio of products of meet varying investor requirements .

Reliance Mutual Fund has a presence in over 115 cities across the country , an investor base of over 3.1 Million and manages assets over Rs. 39019 crore as on 31st Jan 2007.

Reliance Mutual Fund constantly endeavors to launch innovative products and customer service initiatives to increase value to investors.


Reliance Mutual Fund schemes are managed by Reliance Capital Asset Management Ltd.

A wholly owned subsidiary of Reliance Capital Ltd. Reliance Capital is one of India’s leading and fastest growing private sector financial services companies, and ranks among the top 3 private sector financial services and banking companies, in terms of net worth .

Reliance Capital has interests in asset management and mutual funds , life and general insurance , private equity and proprietary investments , stock broking and other financial services .


There are three types of schemes which are provided to the investors under these mutual funds and they are as follows.

Equity / Growth Schemes.

  • The aim of growth funds is to provide capital appreciation over the medium to long- term. Such schemes normally invest a major part of their corpus un equities .

  • Such funds have comparatively high risks. These schemes provide different options to the investors like dividend option , appreciation , etc. and the investors may choose an option depending on their preferences.

  • The investors must indicate the option in the application form . the mutual funds also allow the investors to change the options at a later date.

  • Growth schemes are good for investors having a long – term outlook seeking appreciation over a period of time .


Debt/ Income Schemes

  • The aim of income funds is to provide regular and steady income to investors. Such schemes generally invest in fixed income securities such as bonds.

  • Corporate debentures, Government securities an money market instruments . Such funds are less risky compared to equity schemes. These funds are not affected because of fluctuations in equity markets. However, opportunities of capital appreciation are also limited in such funds .

  • The NAV’s of such funds are affected because of change in interest rates in the country. If the interest rates fall, NAV’s of such funds are likely to increase in the short run and vice versa.

  • However, long term investors may not bother about these fluctuations.


Sector Specific Schemes

  • These are the funds / schemes which invest in the securities of only those sectors or industries as specified in the offer documents . e.g. Pharmaceuticals, Software, Fast Moving Consumer Goods ( FMCG), Petroleum stocks, etc. The returns in these funds are dependent on the respective sectors / industries.


BENEFITS OF MUTUAL FUND :-

Mutual Funds are of great importance to the investors. Some of the advantages of mutual funds could be summarized as follows:

The advantages of investing in a Mutual Fund are

 Professional Management

 Diversification

 Convenient Administration

 Return Potential

 Low Costs

 Liquidity

 Transparency

 Flexibility

 Choice of schemes

 Tax benefits

 Well regulated


TYPES OF MUTUAL FUND SCHEMES;-

BY STRUCTURE

  •  Open – Ended Schemes
  •  Close – Ended Schemes
  •  Interval – Schemes

BY INVESTMENT OBJECTIVE

  •  Growth Schemes
  •  Income Schemes
  •  Balanced Schemes
  •  Money Market Schemes

OTHER SCHEMES

  •  Tex Saving Schemes
  •  Special Schemes
  •  Index Schemes
  •  Sector Specifies Schemes


:SugarwareZ-082:
Click to expand...

Hey friend, I read your article regarding Reliance Mutual Fund and it is really nice. I appreciate your work and would hope you would share more contents like this in future. Well, I am also uploading a document which would give more detailed information.
 

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