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.)
The features of Reliance Vision Fund are as follows:
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 |
| 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
| 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
| 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
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:
Individuals can transact with Reliance Mutual Fund in the following ways:
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.
