Reliance Vision Fund

Reliance Vision Fund is an open-ended equity scheme that invests in large cap and mid cap stock. The scheme’s investment objective is to attain long term capital growth by parking money in equity and equity related securities through a research-based investment approach. The fund shall identify companies for investment on the basis of - sound management, track record, potential for future growth and industry economic scenario, among others. It is important to note that there is no guarantee that the investment objective of the scheme will be realized.

About Reliance Mutual Fund: RMF is among India's leading mutual funds, with Average Assets Under Management of Rs. 2,22,575.73 crores (April 2019 - June 2019 QAAUM) and 88.65 lakhs folios (as on June 30, 2019). The asset management company offers investors a well-rounded portfolio of products, to meet varying financial needs. As of March 31, 2019, RMF is reported to have established its presence in 300 cities across the country. The company has been registered with the Securities & Exchange Board of India vide registration number MF/022/95/1 dated 30th June, 1995.

(Note - All the information contained in this page has been sourced from the official website of Reliance Mutual Fund.)

Features of Reliance Vision Fund

The features of Reliance Vision Fund are as follows:

It is an open-ended equity scheme that invests in large cap and mid cap stocks.
The fund attempts to invest in high quality businesses that are market leaders in their respective sectors.
The minimum investment that can be made is Rs. 5,000.
The Plans/Options available are: a) Growth Plan (i) Growth Option, b) Dividend Plan (i) Dividend Payout Option (ii) Dividend Reinvestment Option, c) Direct Plan - Growth Plan (i) Growth Option and d) Direct Plan - Dividend Plan (i) Dividend Payout Option (ii) Dividend Reinvestment Option.
Entry load is not applicable.
A 1% exit load is charged if the fund is redeemed or switched out on or prior to the completion of 1 year from the date of allotment of units. If the fund is redeemed or switched out after the completion of 1 year from the date of allotment of units, then there is no exit load.
Unitholders can hold the units in Account Statement (Physical form) or in Dematerialized form. Units held by way of an Account Statement are not transferable. However, those held in Demat form can be transferred, as per the provisions of SEBI (Depositories and Participants) Regulations.

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Reliance Vision Fund Performance

NAV as on July 31, 2019: Rs. 493.5276

Performance of Reliance Vision Fund Growth Option as on 31/07/2019

Particulars	1 Year CAGR %	3 Year CAGR %	5 Year CAGR %	Since Inception
Reliance Vision Fund	-6.71	3.23	6.18	17.78
B: Nifty LargeMidcap 250 TRI Return (%)	-7.66	8.38	10.42	NA
AB: S & P BSE Sensex TRI	0.93	11.49	9.09	12.08
Reliance Vision Fund	9,329	11,003	13,500	4,93,525
B: Nifty LargeMidcap 250 TRI Return	9,234	12,735	16,418	NA
AB: S&P BSE Sensex TRI	10,093	13,865	15,456	1,51,630

NAVs

Scheme Plan	NAV	NAV Date	Change Since Last NAV	Change Since Last NAV (%)
Direct Growth Plan Bonus Option	84.4826	29-08-2019	-0.70	-0.83
Direct Dividend Plan	35.4036	29-08-2019	-0.29	-0.83
Direct Growth Plan Growth Option	498.2826	29-08-2019	-4.15	-0.83
Growth Plan Bonus Option	80.4560	29-08-2019	-0.67	-0.83
Dividend Plan	33.3130	29-08-2019	-0.28	-0.83
Growth Plan Growth Option	477.7076	29-08-2019	-3.98	-0.83
Growth Plan Bonus Option	10.0000	29-08-2019	0.00	0.00
Dividend Plan	258.7308	29-08-2019	-2.70	-1.03
Growth Plan Growth Option	376.5716	29-08-2019	-1.15	-0.31

Source: Reliance Mutual Fund

Top Holdings of Reliance Vision Fund

Top 10 Holdings

Honeywell Automation India Limited	7.31%
State Bank of India	6.99%
ICICI Bank Limited	5.68%
Infosys Limited	5.47%
HDFC Bank Limited	3.88%
Tata Steel Limited	3.52%
Siemens Limited	3.36%
ABB India Limited	3.35%
Larsen & Toubro Limited	3.34%
TVS Motor Company Limited	2.87%

Details as on Jul 31, 2019

Industry Allocation

Banks	25.51%
Industrial Capital Goods	16.28%
Auto	8.26%
Software	7.99%
Petroleum Products	6.20%
Consumer Non-Durables	5.79%
Ferrous Metals	4.57%
Power	4.45%
Construction Project	3.34%
Retailing	2.56%

Details as on Jul 31, 2019

Source: Reliance Mutual Fund

Why Invest in Reliance Vision Fund?

Investments in Reliance Vision Fund are made with the intention of generating long term capital growth. The scheme parks money in equity and equity-related instruments of mid cap and large cap companies. It must, however, be noted that there is no guarantee or assurance that the scheme’s investment objective would be realized. Reliance Vision Fund is best-suited for individuals whose risk-bearing capacity is moderately high. Under normal circumstances, the fund’s anticipated asset allocation is as follows:

How to Invest in Reliance Vision Fund

Individuals can transact with Reliance Mutual Fund in the following ways:

Company website
Mobile App
SMS
Physical form

Documents Required for Reliance Vision Fund

With effect from 1st January, 2011, KYC norms have been made mandatory for investors choosing the mutual fund investment route. When the investor is an individual who is eligible to be enrolled for Aadhaar, he or she will have to submit the UIDAI-issued Aadhaar number. If an individual is not eligible to be enrolled for Aadhaar, then the investor can submit his or her PAN or one certified copy of an officially valid document. This document must contain details of the individual’s identity, address as well as one recent photograph. If the investor is a non-individual, then Aadhaar numbers and PANs of officers, managers or employees or persons holding an attorney to transact on the investor’s behalf must be submitted, along with the constitution documents.