Reliance Growth Fund Direct Growth-1.29%

3Groww
-9.64%
1 Year Return
Equity
Mid Cap
3.0 star
6M
1Y
3Y
5Y
All

Fund Details

Reliance Growth Fund Direct Growth

RiskVery High
Min SIP Amount₹100
Expense Ratio1.37%
NAV1154.19 (08 Jul 2019)
Fund Started31 Dec 2012
Fund Size6,232 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Reliance Growth Fund Direct Growth
-9.6%
5.7%
9.4%
11.8%
Category Average
NA
NA
NA
-
Rank within category
NA
NA
NA
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    30
    with -9.6% annual returns

    Comparison

    Data not available
    Pros
    1. Age is more than 10 years
    2. Risk is lower compared to the benchmark
    3. Lower expense ratio
    4. 5Y Returns are higher than the benchmark
    5. 10Y Returns are higher than the benchmark
    Cons
    1. Asset under management(AUM) is more than 5000 Crs. Returns tend to go low once AUM exceeds a certain amount
    2. 1Y Returns are lower than the benchmark
    3. 3Y Returns are lower than the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    Varun Beverages Ltd.FMCGEquity4.2%
    Aditya Birla Fashion and Retail Ltd.ServicesEquity3.1%
    Oberoi Realty Ltd.ConstructionEquity2.9%
    Info Edge (India) Ltd.ServicesEquity2.7%
    Muthoot Finance Ltd.FinancialEquity2.5%
    RBL Bank Ltd.FinancialEquity2.4%
    AU Small Finance Bank Ltd.FinancialEquity2.4%
    Bajaj Finserv Ltd.FinancialEquity1.4%
    Orient Electric Ltd.EngineeringEquity1.4%
    JSW Energy Ltd.EngineeringEquity1.0%
    See All

    Fund Managers

    addManish Gunwani
    Education
    Mr. Gunwani is a B.Tech. and PGDM.
    Experience
    Prior to joining Reliance Mutual Fund, he has worked with ICICI Prudential Mutual Fund as Fund Manager and as Analyst in various organisations: Vicisoft Technologies, Lehman Brothers, Brics Securities , Lucky Securities, SSKI Securities and Prime Securities
    Funds Managed

    Other Details

    Reliance Growth Fund Direct Growth is a Equity Mutual Fund Scheme launched by Reliance Mutual Fund. This scheme was introduced to investors on 31 Dec 2012. Manish Gunwani is the Current Fund Manager of Reliance Growth Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹6,232 Cr and the Latest NAV as of 08 Jul 2019 is ₹1154.19.

    The Reliance Growth Fund Direct Growth is rated Very High risk. Minimum SIP Investment is 100. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 1 year.

    Investment Objective

    The primary investment objective is to achieve long term growth of capital by investing in equity and equity related securities through a research based investment approach.

    Tax Implications

    Returns are taxed at 15% if sold before 1 year. 10% tax post one year on returns above 1 Lac.

    Scheme Information Document(SID)

    ₹5000
    Min for First Investment
    ₹1000
    Min for Second Investment
    Exit load of 1% if redeemed within 1 year
    Exit Load

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    About Reliance Mutual Fund

    Address
    Corporate Office : Reliance Centre, 7th Floor South Wing, OFf Western Express Highway, Santacruz(E) Mumbai-400055
    Phone
    022-33031000/30301111
    Launch Date
    29 Jun 1995
    Reliance Mutual Fund
    Asset Management Company
    Custodian
    Deutsche Bank
    Registrar & Transfer Agent
    Karvy
    Address
    NA
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