Reliance Mutual Fund Update!

[pawankumar]

Reliance Mutual Fund has launched a new fund named as Reliance Fixed
Horizon Fund - XV - Series 4, a close ended income scheme. The New Fund
Offer (NFO) price for the scheme is Rs 10 per unit. The new issue is open for subscription from 26 April and closes on 27 April 2010.

The primary investment objective of the scheme is to seek to generate
regular returns and growth of capital by investing in a diversified
portfolio of Central, State Government securities and other fixed income/
debt securities normally maturing in line with the time profile of the
scheme with the objective of limiting interest rate volatility.

The duration of the scheme is 371 days from the date of allotment.
The scheme offers two options viz. growth and dividend payout option.
The scheme will allocate up-to 70% of assets in money market instruments
and it would allocate 30% to 100% of assets in Government Securities
issued by Central & or State Government & other fixed income/ debt
securities including but not limited to Corporate bonds and securitized
debt with low to medium risk profile. Debt Securities will also include
securitised debt, which may go up to 75% of the portfolio. Average
maturity of the securities will be in line with the maturity profile of
the scheme.

The minimum application amount is Rs 5000 and in multiples of Re 1
thereafter.
The fund seeks to collect a minimum subscription (minimum target) amount
of Rs 20 crore under the scheme during the NFO period.
Entry and exit load charge will be nil for the scheme.

Benchmark Index for the scheme is CRISIL Short Term Bond Fund Index.
The fund manager of the scheme will be Amit Tripathi.

[pawankumar]

Reliance MF revises exit load structure for Long Term Equity Fund

Reliance Mutual Fund has revised the exit load under Reliance Long Term Equity Fund, effective May 3, 2010.

The changes are as follows:

Load structure:

Exit load: Nil.

Revised load: 1% if redeemed on or before completion of 1 year from the date of allotment of units.

Link Source:http://www.myiris.com/newsCentre/storyShow.php?fileR=20100427162717707&dir=2010/04/27&secID=livenews?um=35

[pawankumar]

Reliance Mutual Fund has decided to make changes in features of Systematic Investment Plan (SIP) and introduces daily frequency in Systematic Transfer Plan (STP). The changes will be effective from 3 May 2010


http://www.bloombergutv.com/stock-market/mutual-fund/commentary/389232/reliance-mf-announces-change-in-features.html

[pawankumar]

Gold prices are heading northwards after hitting a low of around 1085$/Oz* during March, 2010. Initially, gold prices have been riding on concerns over European debt crisis and off lately spike in Euro vis-à-vis dollar has been the bullish driver.

The rising commodity and energy prices coupled with strong growth momentum raises concern over higher inflation number and that underpin gold prices. Again, strong technical break out given by Ichimoku Kinko, commonly known as cloud chart, has attracted lots of funds.

its good time to buy gold!

[pawankumar]

The country's largest fund house, Reliance Mutual Fund, witnessed an increase of over Rs 1,400 crore in its average assets in April.

The company witnessed an addition of Rs 1,406.62 crore in its average assets under management (AAUM) to Rs 1,11,819.33 crore during the month, according to the data available with the Association of Mutual Fund of India.

[virendra]

i wanted to know something about Reliance Regular Savings Equity midcap mutual funds.If anyone has any information on it...Pls share!

[jrahul52]

i wanted to know something about Reliance Regular Savings Equity midcap mutual funds.If anyone has any information on it...Pls share!

Reliance Regular Savings Equity is a multicap fund It is a combination of both large caps as well as mid cap stocks.

The risk is probably much more higher but since if you decide to invest in multi caps as an investor you are assured of having some options that will perform well in just about any market condition.

So i will advice you to go for it!

[pawankumar]

can someone please give me some information about good midcap funds available in the market from Reliance or any other Fund provider?

[jrahul52]

can someone please give me some information about good midcap funds available in the market from Reliance or any other Fund provider?

Here are some good mid cap funds from the Reliance House

1. Reliance Growth Fund
2. Reliance Vision Fund
3. Reliance Equity Opportunities Fund
4. Reliance Equity Fund

Also companies like ICICI and Franklin Templeton also have some really good mid cap mutual funds!

[virendra]

i am thinking about investing in some mutual funds for short term investment from the house of hdfc,icici and reliance.Pls suggest something good!

[pawankumar]

i am thinking about investing in some mutual funds for short term investment from the house of hdfc,icici and reliance.Pls suggest something good!

Some of the best plans are:


Reliance Short-term-Growth

ICICI Prudential Short Term Plan - Growth

HDFC Short Term Growth Plan    
HDFC Short Term Monthly Dividend Option    
HDFC Short Term Quarterly Dividend Option

Reliance Short Term Fund-Dividend Re-investment Plan     
Reliance Short Term Fund-Growth Plan    
Reliance Short Term Fund-Quarterly Dividend Plan

you can invest anywhere between 1 year to 3 years in them.
They sure are good profitable funds!and the minimum investment is 50,000!

[virendra]

i am thinking about investing in some mutual funds for short term investment from the house of hdfc,icici and reliance.Pls suggest something good!

Some of the best plans are:


Reliance Short-term-Growth

ICICI Prudential Short Term Plan - Growth

HDFC Short Term Growth Plan    
HDFC Short Term Monthly Dividend Option    
HDFC Short Term Quarterly Dividend Option

Reliance Short Term Fund-Dividend Re-investment Plan     
Reliance Short Term Fund-Growth Plan    
Reliance Short Term Fund-Quarterly Dividend Plan

you can invest anywhere between 1 year to 3 years in them.
They sure are good profitable funds!and the minimum investment is 50,000!

thank you.thats more than what i need.