Reliance Mutual Fund: A Comprehensive Guide To Investing

Reliance Mutual Fund is one of the top-performing mutual funds in India. It offers a wide range of investment opportunities, including equity funds, debt funds, retirement funds, hybrid funds, and tax-saving funds. With a presence in over 160 cities across India, Reliance Mutual Fund provides investors with a vast distribution network, 24/7 customer service, and innovative investment products. The fund has established itself as a pioneer in the Indian mutual fund market, offering excellent tax benefits and expertise-driven investment strategies.

Investing in Reliance Mutual Fund is a straightforward process, which can be done online through their official website. This paragraph will guide you through the steps to invest in Reliance Mutual Fund, highlighting the key features, types of funds available, and the necessary documentation required.

How to invest in Reliance Mutual Fund online

Reliance Mutual Fund is now known as Nippon India Mutual Fund. It was renamed in September 2019 when Nippon Life Insurance Company increased its stake in the company to 75%. Nippon India Mutual Fund is one of the top asset management companies in India, with a presence in 263 locations across the country and 243.16 lakhs investor accounts.

To invest online in Nippon India Mutual Fund schemes, you can use one of the following three methods:

Visit the Asset Management Company's (AMC) official website

If you choose to invest through Nippon India Mutual Fund's official website, you will need to register and create an account using your PAN card and KYC details. However, investing directly through the AMC's website can be cumbersome if you plan to invest in multiple mutual fund schemes from various fund houses, as it may be difficult to track or manage your investments.

Contact a mutual fund distributor or broker

Another option is to invest through a mutual fund distributor or broker. However, this may result in a higher expense ratio, as the agent's commission can reduce your overall returns.

Use an online investment platform

The simplest and most affordable way to invest in Nippon India Mutual Fund is through an online investment platform like ET Money. You can use either the website or the app to sign up and invest in schemes from different AMCs at a lower expense ratio. ET Money also allows you to track your existing portfolio and view all your old and new investments in one place.

Steps to invest via ET Money:

• Sign up using email and OTP.
• Select the fund, enter the investment amount, and choose the investment type: one-time (lumpsum) or SIP.
• Enter your PAN, full name, and verify your mobile number.
• Provide your bank account details and select a payment mode. If you choose SIP, set up a mandate.
• Follow the KYC process, which includes submitting a selfie and a live video, providing essential details, and eSigning documents.
• The transaction will be processed upon verification of your KYC documents.

Remember, mutual funds are market-linked investments, and the safety of your capital is not guaranteed. The Net Asset Value of your investments can fluctuate with market movements. However, all mutual funds in India are regulated by SEBI, making them relatively safer investment options. Always consider your risk tolerance before investing.

Reliance Mutual Fund: Retirement Funds

Reliance Mutual Fund is one of the most reputed mutual funds in India, with a wide range of top-notch schemes under its portfolio. The fund has a strong pedigree and has consistently beaten benchmark indices over the years. Reliance Mutual Fund is known for its vast distribution network, 24/7 customer service, and constant innovation in offering new products to investors.

Types of Retirement Funds Offered by Reliance Mutual Fund:

• Reliance Retirement Fund–Wealth Creation Scheme: This is an open-ended retirement scheme with a lock-in period of 5 years or until retirement age, whichever is earlier. The primary objective of this scheme is to offer capital appreciation and consistent income to investors, in line with their retirement goals. It invests in a mix of securities, including equity, equity-related instruments, and fixed-income securities. The minimum investment amount is Rs. 5000.
• Reliance Retirement Fund–Income Generation Scheme: This is another open-ended retirement scheme with a similar lock-in period. It provides a healthy mix of securities, retaining only 30% of equity investments within the portfolio. The fund aims to blend duration and accruals by investing in high-quality instruments. The equity portfolio is invested predominantly in large-cap companies, with some allocation to mid-cap stocks. This scheme also has a minimum investment amount of Rs. 5000.

How to Invest in Reliance Mutual Fund:

Investing in Reliance Mutual Fund is easy and can be done online through their official website. Simply select the fund of your choice, fill in the necessary information and personal details, make the payment, and your portfolio will be ready to monitor and manage. Alternatively, you can also invest through the stock exchange platform, the Reliance anytime money card, or their mobile app.

Reliance Mutual Fund: Tax-saving Funds

Reliance Mutual Fund is a reputed mutual fund in India, with a strong pedigree and a powerful network. It was founded in 1882 under the Indian Trust Act in association with Reliance Capital Limited as a sponsor. The fund offers a wide range of products to cater to the diverse requirements of investors.

One of the key offerings of Reliance Mutual Fund is its tax-saving funds, which provide investors with an opportunity to save taxes while also generating returns. These tax-saving funds are known as Equity Linked Savings Schemes (ELSS) and offer certain benefits and features:

Benefits of Reliance Tax-Saving Funds (ELSS):

• Tax Exemption: Under Section 80C of the Indian Income Tax Act, 1961, investors can claim tax exemption on investments up to Rs. 1.5 lakh per financial year.
• Liquidity: The funds offer high liquidity, allowing partial or lump-sum withdrawals after the mandatory three-year lock-in period.
• Transparency: To ensure transparency, Reliance tax-saving mutual funds disclose scheme information regularly, enabling investors to track the fund's performance and market value.
• High Returns: Due to their equity exposure, these tax-saving funds have the potential to earn higher returns compared to other tax-saving options like Public Provident Fund (PPF) or National Pension Scheme (NPS).
• Mode of Investment: Investors can choose between Systematic Investment Plans (SIPs) and lump-sum investments based on their preferences and financial capabilities.
• Professional Management: ELSS funds are managed by professional fund managers, which is beneficial for investors with limited market knowledge.

Features of Reliance Tax-Saving Funds (ELSS):

• Low Minimum Investment: Investors can start investing in ELSS funds with as little as Rs. 500, making it accessible to a wide range of individuals.
• No Upper Limit: Unlike other tax-saving options like PPF and NSC, there is no upper limit on investment in ELSS funds. However, only investments up to Rs. 1 lakh are eligible for tax benefits.
• Lock-in Period: Investments in tax-saving mutual funds have a three-year lock-in period, which is shorter than other options like PPF, which has a 15-year lock-in.
• Market Risk: As ELSS funds invest primarily in equity and equity-related instruments, they are subject to market risks, which can be low, medium, or high, depending on the fund's strategy.
• Open-Ended: Most ELSS schemes are open-ended, allowing investors to purchase or redeem units at any time after the initial lock-in period.
• Nomination Facility: These funds offer nomination facilities, providing investors with added flexibility and security.
• Entry and Exit Loads: There are usually entry and exit loads associated with ELSS funds, which are fees charged by the fund provider when investors purchase, sell, redeem, or transfer fund units.

Things to Consider Before Investing in Reliance Tax-Saving Funds:

• Lock-in Period: Be mindful of the three-year lock-in period, as withdrawals are generally not allowed during this time. For SIP investments, each instalment has its own three-year lock-in period.
• Risk Factor: ELSS funds primarily invest in equity and related instruments, which are subject to market volatility. Therefore, carefully evaluate the fund's portfolio exposure before investing.
• Investment Duration: Consider your investment horizon, as ELSS funds typically require a minimum investment period of five years for optimal returns.
• Investment Goal: Mutual fund investments are goal-oriented, so ensure that tax saving is your primary objective before investing in ELSS funds.
• Returns and Performance: Evaluate the fund's historical returns and compare them with its benchmark to assess consistency. Remember that no fund guarantees fixed returns.

In summary, Reliance Mutual Fund offers tax-saving funds, primarily in the form of ELSS schemes, that provide investors with an opportunity to save taxes and generate returns. These funds offer benefits such as tax exemptions, liquidity, and professional management. However, it is important to carefully consider the lock-in period, risk factors, investment duration, and returns before investing in these funds.

Reliance Mutual Fund: Equity Funds

Reliance Mutual Fund is one of the most highly-regarded mutual funds in India, with a variety of well-rated schemes in its portfolio. The fund was founded in 1882 under the Indian Trust Act (ITA) and is part of the Anil Dhirubhai Ambani Group, one of India's most successful conglomerates.

Reliance Equity Mutual Funds are a rare type of mutual fund that enables investors to invest in common stocks and equities, rather than securities. Here is a list of Reliance Equity Schemes:

• Nippon India Large Cap Fund (formerly known as Reliance Large Cap Fund)
• Nippon India Vision Fund (formerly known as Reliance Vision Fund)
• Nippon India Quant Fund (formerly known as Reliance Quant Fund)
• Nippon India Balanced Advantage Fund (formerly known as Reliance Balanced Advantage Fund)
• Nippon India Index Fund - Nifty Plan (formerly known as Reliance Index Fund - Nifty Plan)
• Nippon India Index Fund - Sensex Plan (formerly known as Reliance Index Fund - Sensex Plan)
• Nippon India Growth Fund (formerly known as Reliance Growth Fund)
• Nippon India Focused Equity Fund (formerly known as Reliance Focused Equity Fund)
• Nippon India Small Cap Fund (formerly known as Reliance Small Cap Fund)
• Nippon India Value Fund (formerly known as Reliance Value Fund)
• Nippon India Multi-Cap Fund (formerly known as Reliance Multi Cap Fund)
• Nippon India Equity Hybrid Fund (formerly known as Reliance Equity Hybrid Fund)
• Nippon India Equity Savings Fund (formerly known as Reliance Equity Savings Fund)
• Nippon India Banking Fund (formerly known as Reliance Banking Fund)
• Nippon India Power & Infra Fund (formerly known as Reliance Power & Infra Fund)
• Nippon India Consumption Fund (formerly known as Reliance Consumption Fund)
• Nippon India Pharma Fund (formerly known as Reliance Pharma Fund)
• Nippon India Tax Saver (ELSS) Fund (formerly known as Reliance Tax Saver (ELSS) Fund)
• Nippon India Arbitrage Fund (formerly known as Reliance Arbitrage Fund)
• Nippon India Japan Equity Fund (formerly known as Reliance Japan Equity Fund)
• Nippon India US Equity Opportunities Fund (formerly known as Reliance US Equity Opportunities Fund)

Reliance Mutual Fund offers a wide range of schemes to cater to different investor requirements. The fund has a presence in 159-160 cities across India and is committed to introducing innovative products and customer service initiatives to enhance value for investors.

Reliance Mutual Fund: Hybrid Funds

Reliance Mutual Fund is one of the most reputable mutual funds in India, with a strong pedigree and a history of benchmark-beating returns. The fund is part of the Anil Dhirubhai Ambani Group, one of the most successful conglomerates in the country. It offers a wide range of mutual fund products to cater to diverse investor requirements.

Hybrid funds deliver risk-adjusted returns by investing in a combination of equities and fixed-income instruments. They blend the potential for higher returns from equities with the stability of fixed-income securities.

Reliance Arbitrage Fund

This is an open-ended scheme that invests in arbitrage opportunities. It takes a conservative approach, aiming to generate income from price mismatches between the cash and derivative markets. The fund also invests in debt securities and money market instruments, with a market-neutral strategy that carries no specific equity risk. If adequate arbitrage opportunities are not available, the scheme invests in short-term debt or money market securities. The main objective is to generate income by taking advantage of arbitrage opportunities, with a focus on both the cash and derivative markets, as well as debt securities and money market instruments.

Reliance Equity Hybrid Fund

An open-ended hybrid scheme that primarily invests in equity and equity-related instruments, this fund aims to generate better risk-adjusted returns. It attempts to optimise the benefits of equity growth potential and the relative stability of fixed-income investments. The fund maintains a large-cap-oriented portfolio, with tactical exposure to emerging leaders to generate alpha.

Reliance Hybrid Bond Fund

This open-ended hybrid scheme predominantly invests in debt instruments, focusing on creating alpha with limited volatility. It invests in well-researched credits, including AA and below-rated instruments, with 90% of the fund in accrual and 10% in equity exposure for the long term. The main investment objective is to generate regular income, make regular dividend payments to unitholders, and focus on capital appreciation.

Reliance Balanced Advantage Fund

An open-ended dynamic asset allocation fund, this scheme attempts to capitalise on the potential upside in equity markets while limiting downside risk through portfolio management. It invests in equity, debt, money market instruments, and derivatives. The fund offers emotion-free asset allocation through model-based allocation, limits downside risk through hedging, and provides long-term returns through active stock and sector selection.

How to Invest in Reliance Mutual Fund

Investing in Reliance Mutual Fund is easy, whether you are a first-time or experienced investor. The ideal option is to invest online through their official website. Simply select your desired fund, fill in the necessary information, make your payment, and your portfolio is ready to monitor and manage.

Frequently asked questions