Reliance Tax Saver (ELSS) Fund Direct Growth-2.32%

1Groww
-21.38%
1 Year Return
Equity
ELSS
1.0 star
6M
1Y
3Y
5Y
All

Fund Details

Reliance Tax Saver (ELSS) Fund Direct Growth

RiskHigh
Min SIP Amount₹500
Expense Ratio1.27%
NAV57.25 (08 Jul 2019)
Fund Started31 Dec 2012
Fund Size9,659 Cr

Fund Overview

Quick overview of Reliance Tax Saver (ELSS) Fund Direct Growth

Returns

1Y
3Y*
5Y*
Since inception*
Reliance Tax Saver (ELSS) Fund Direct Growth
-21.4%
-1.7%
3.8%
10.4%
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 -21.4% annual returns

    Comparison

    Data not available
    Pros
    1. Age is more than 10 years
    2. Lower expense ratio
    3. 5Y Returns are higher than the benchmark
    4. 10Y Returns are higher than the benchmark
    5. Exit load is zero
    Cons
    1. Asset under management(AUM) is more than 10000 Crs. Returns tend to go low once AUM exceeds a certain amount
    2. Risk is higher compared to the benchmark
    3. 1Y Returns are lower than the benchmark
    4. 3Y Returns are lower than the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    State Bank of IndiaFinancialEquity8.6%
    Tata Steel Ltd.MetalsEquity6.2%
    TVS Motor Co. Ltd.AutomobileEquity5.6%
    Tata Motors Ltd.AutomobileEquity4.6%
    Honeywell Automation India Ltd.EngineeringEquity4.4%
    ABB Ltd.EngineeringEquity4.3%
    ITC Ltd.FMCGEquity4.1%
    Infosys Ltd.TechnologyEquity3.7%
    Larsen & Toubro Ltd.ConstructionEquity3.4%
    ICICI Bank Ltd.FinancialEquity3.2%
    See All

    Fund Managers

    addAshwani Kumar
    Education
    Mr. Kumar is a B.Sc and MBA in Finance.
    Experience
    Prior to joining Reliance Mutual Fund he has worked with Zurich Asset Management Co. Ltd.
    Funds Managed

    Other Details

    Reliance Tax Saver (ELSS) Fund Direct Growth is a Equity Mutual Fund Scheme launched by Reliance Mutual Fund. This scheme was introduced to investors on 31 Dec 2012. Ashwani Kumar is the Current Fund Manager of Reliance Tax Saver (ELSS) Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹9,659 Cr and the Latest NAV as of 08 Jul 2019 is ₹57.25.

    The Reliance Tax Saver (ELSS) Fund Direct Growth is rated High risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 500. Nil.

    Investment Objective

    The primary objective of the scheme is to generate long-term capital appreciation from a portfolio that is invested predominantly in equity and equity related instruments.

    Tax Implications

    Scheme Information Document(SID)

    ₹500
    Min for First Investment
    ₹500
    Min for Second Investment
    Nil
    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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