Skip to main content

Reliance Regular Savings Fund

reliancemutualfund
Reliance Regular Savings Fund is one of the many schemes from Reliance Mutual Fund, which have performed well since the last few years. The scheme is benchmarked against BSE 100, whose 5 year return is 18% whereas the fund's % year return is about 25%, which clearly exhibits its outpeformance.

Snapshot of the fund:

Reliance Regular Savings Fund is an open-ended fund whose primary objective is to seek capital appreciation and consistent returns by actively investing in equity and equity related securities. The entry load is nil and exit load is 1% if redeemed withing one year. The minimum investment is Rs.500 and SIP is available. The fund size is about 3000 cr, which is pretty much okay like any other  major schemes.

Performance:

This scheme was launched in 2005, and currently the NAV of the Growth scheme of this fund stands at Rs.30.The 5 year return is 24% p.a which is spectacular by any means. The 1 year and 3 year returns stand at 31% and 21% respectively, which speaks of it consistent performance over longer period.

Why invest in mutual funds?

As we have seen with HDFC Top 200 Fund, returns from mutual funds are consistent. For an average investor, it is a difficult task to decide which stock to buy, how much to buy and when to sell.Investing in mutual funds offer diversification to reduce risk substantially.

Though one can invest in stocks directly, after considerable research, it is not a bad idea to invest some amount in mutual funds.
Labels:

Popular posts from this blog

What is Gold ETF - Gold Bees, HDFC Gold, Kotak Gold?

What is Gold Bees or Gold ETF? Gold ETFs are open-ended mutual fund schemes that will invest the money collected from investors in standard gold bullion (0.995 purity). The investors' holding will be denoted in units, which will be listed on a stock exchange.They provide returns that would closely track the returns from physical gold in the spot market. An investor can buy and redeem the units either directly from the mutual fund or from the stock exchange.Presently there are many Gold ETFs traded in NSE India . Some of the listed Gold ETFs are GoldBees ,Reliance Gold,Kotak Gold,UTI Goldshare Why choose Gold? Gold holds its own in any investment evaluation on its strengths as a hedge against inflation, value in the event of political uncertainties and its traditionally negative co-relation with other asset classes such as stocks, fixed income securities and commodities. The value of goods and services that gold can buy has remained stable unlike currencies that have...
Read more

NSE Trading Holidays 2024

 Trading holidays for the calendar year 2024. The National Stock Exchange of India (NSE) has notified trading holidays for the calendar year 2024 as below: Muhurat Trading:  Timings of Muhurat Trading shall be notified subsequently. 
Read more