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Reliance Mutual Fund, abbreviated as RMF, is one of the leading and one of the fastest growing mutual fund houses in India. Previously named Reliance Capital Mutual Fund, it was renamed Reliance Mutual Fund on 11th March, 2004.
It started as a trust under the Indian Trusts Act, 1882, sponsored by Reliance Capital Limited (RCL) and Reliance Capital Trustee Co. Limited (RCTC) being its Trustee. It belongs to the Reliance Anil Dhirubhai Ambani (ADA) group. RMC registered itself with SEBI (Securities & Exchange Board of India) on June 30, 1995, its registration number being MF/022/95/1.
Currently, it has established its presence in over 160 Indian cities during 20 years of its existence. It boasts of 632 schemes and has Rs. 2,40,445.37 Crore corpus under management and 83.99 lakhs folios as on 30th June, 2018.
It offers an extensive range of robust and innovative product portfolio with the objective of meeting the unique financial goals of every investor. It helps investors to contribute to the capital market with their innovative range of mutual fund schemes and enjoy great returns on their investments.
It is managed by one of Reliance Capital Limited's subsidiary - Reliance Capital Asset Management Limited (RCAM), which contributes 93.37% of the paid-up capital to RMF. The balance capital is held by minority shareholders.
This Fund focuses on the capital growth of the investment and is best-suited for medium to long term gains. Here are some of the most high-performing mutual funds under this category along with their fund type:
Such funds from Reliance MF aim at generating regular income flow through investments in fixed income securities like Government securities, bonds, debentures and several other money market instruments. Some funds under this category with high performance are:
Reliance Liquid Funds are customised to ensure easy liquidity. Its objective is to enable investors to preserve capital in a single bouquet. It can be increased with a moderate income. This fund is best suited for making short-term investments for excess money on safe instruments like government securities, treasury bills, commercial paper, deposit certificates, inter-bank call money, etc. Returns on Reliance liquid funds are moderate because the primary focus is on capital preservation. Some of the best performing liquid fund schemes are:
This Fund’s portfolio offers a range of balanced fund schemes that seek to strike the right balance between predicted market risks and expected returns.
The following are some high performing balanced funds from Reliance MF:
Reliance Gold Exchange Traded Fund is primarily an equity-targeted fund that invests in 24 carat gold, stored safely in government-authorised warehouses.
Here are a few gold funds based on their performance:
Reliance sector funds are tailor-made for investors who plan to invest in mutual funds of specific fields like banking, pharma, power, entertainment, IT, FMCG, etc.
Tax-saving funds from Reliance MF are classified under two categories of schemes – Equity-linked Savings Schemes (ELSS) and Rajiv Gandhi Equity Saving Scheme (RGESS). With these funds, investors can avail tax benefits under Section 80C (for ELSS) and Section 80CCG (for RGESS) of Income Tax Act, 1961.
The following are the factors that make investing in this schemes a lucrative option for investors:
The long legacy of Reliance Mutual Fund in the financial industry since 1882, makes their schemes robust instruments to invest in. Reliance Nippon Life Asset Management Limited (RNAM), the result of its joint collaboration with the global insurance company called Nippon Life Insurance, further boosts its investment portfolio. Nippon Life Insurance holds 49% of stakes in RFM. RNAM has been appointed as the Asset Management Company (AMC) of RMF by the Trustees of RMF vide Investment Management Agreement (IMA) dated May 12, 1995 amended on August 12, 1997, January 20, 2004 and February 17, 2011 in line with Securities and Exchange Board of India (Mutual Funds) Regulations, 1996.
Reliance MF is equipped with a team of recognised professionals who are accomplished in the investment industry. The Fund Managers are supported by a team of specialists who too are experts in their own field.
Apart from its presence in 160 locations across India, it has also established networks in other countries like United Kingdom, Mauritius and Singapore.
RMF specialises in offering innovative mutual fund investments. It was the first investment company to launch Gold Savings Fund, which is an open-ended Fund of Fund (FoF).
Certain schemes enable investors to avail tax benefits under Section 80C (for ELSS) and Section 80CCG (for RGESS) of Income Tax Act, 1961.
An expert customer service team is trained to guide investors with their queries and clarifications.
Assists investors in analysing their financial goals: RMF’s value-added services include a Goal Planner tool that helps investors evaluate the long-term investment planning basis their financial goals and risk appetite.
Enable investors align their risk appetite to financial goals: The tech-enabled Risk Analyser tool assists investors to analyse the risk that they are comfortable with in accordance to their financial objectives.
|Scheme Name of Schemes||1-Year Return %||3-Year Return %||5-Year Return %|
|Reliance Gilt Securities Fund Institutional-Growth||0.75||8.52||9.43|
|Reliance Gilt Securities Fund Direct-Growth||1.74||9.63||10.54|
|Reliance Gilt Securities Fund Direct-Dividend||1.74||9.63||10.54|
|Reliance Gilt Securities Fund Direct-Bonus||1.74||9.63||10.54|
|Reliance Gilt Securities Fund Direct-Automatic Annual Reinvest Option||1.74||9.63||10.54|
|Reliance Gilt Securities Fund Direct Defined Maturity Date - Growth||1.74||9.63||10.54|
|Reliance Gilt Securities Fund Direct Automatic Capital Appreciation Payout option-Dividend||1.74||9.63||10.54|
|Reliance Gilt Securities Fund -Growth||0.65||8.41||9.32|
|Reliance Gilt Securities Fund -Dividend Monthly||0.65||8.41||9.32|
|Reliance Gilt Securities Fund - Bonus||0.65||8.41||9.32|
The Fund Management Team at Reliance Mutual Fund comprises of the following expert professionals with an extensive record of accomplishments in this industry.
Ashwani Kumar – Mr. Ashwani Kumar holds an experience of over 18 years in the financial services sector. He has been the Fund Manager at RMF and is currently in charge of the following funds.
Omprakash Kuckian - Mr. Omprakash Kuckian, with an experience of more than 22 years as a Fund Manager, has held leadership positions in organisations like HDFC Securities Ltd. and Canbank Financial Services Ltd, among others. He manages the following funds:
Sailesh Raj Bhan – Mr. Sailesh Raj Bhan boasts of an experience of more than 19 years in equity research and fund management. He is in charge of some of the highest performing schemes like:
Samir Rachh – Mr. Samir Rachh, armed with a graduation degree in Commerce from Mumbai University and an experience of over 25 years, specialises in mid-cap and small-cap stocks. Sanjay Parekh - Mr. Parekh’s proficiency in this industry, complemented with an experience of more than 18 years in equity research and fund management, makes him a capable manager of these schemes at RMF:
Sunil Singhania – Mr. Sunil Singhania, with a professional background spanning over 21 years and extensive experience in the selling side in the Indian equity market, is one the most well-recognised fund managers in India. He manages the following funds:
Amit Tripathi – Mr. Amit Tripathi has the rare accomplishment of being one of the youngest Fund Managers at the age of 28 years and has been working with Reliance MF for about 9 years. He is associated with the fixed income team and has managed the following funds through volatile and challenging capital gains market.
Anju Chhajer – Ms. Anju Chhajer introduces a fresh perspective as a Debt Fund Manager at Nippon Life Asset Management Limited. With an industry experience of over 16 years, she manages these funds:
How do I buy Reliance Mutual Fund plan online?
There are 2 options in which you can invest in Reliance Mutual Fund schemes - online and offline.
You can invest with and without signing up on the website.
For investing in this Fund after signing up on the website, you need to follow these steps:
If you prefer making your investments offline, here is the process for you to follow:
For assistance, you can contact the customer service executives at 1800 300 11111
How do I contact RMF Company?
You can contact Reliance Mutual Fund in one of the following ways:
Postal address: Reliance Center, 7th Floor South Wing, Off Western Express Highway, Santacruz(E) Mumbai-400055
N-111-112-114, 1st Floor, North Block, Manipal Centre, Dickenson Road, Bangalore- 560 042.
Phone: 022-33031000/30301111 Email: firstname.lastname@example.org
How do I login to Reliance Mutual Fund Company website?
You can follow these simple steps to log into the official website of RMF:
What is Reliance Mutual Fund Company's Contact Number?
The contact numbers of Reliance MF are 022-33031000/30301111
Which Reliance Mutual Fund scheme should I invest?
Depending on the type and duration of mutual fund scheme that you want to invest in, here are some high performing funds that you can choose from:
Reliance Small Cap Fund (previously named Reliance Money Manager Fund): It is an open-ended equity scheme with growth plan and growth option
Reliance Low Duration Fund: It is an open-ended short-term debt that invests in money market and debt instruments Reliance Liquid Fund (previously named Reliance Liquid Fund – Treasury Plan): This is suitable for those looking for an open-ended liquid scheme with a growth plan and growth option