Tuesday, May 26, 2009

Review: Reliance Mutual Fund

Reliance Mutual Fund is India’s Largest Mutual Fund with almost 85,000 – 95,000 Crores of Assets under Management ( i have put the range because this Asset Under Management fluctuates with the market). There are literally more than hundred types of schemes under Reliance Mutual Fund.

Here is the official website of Reliance Mutual Fund.

RelianceMutual.com

If you ask me than honestly speaking, My one of the favourite scheme from Reliance Mutual Fund is “Reliance Growth” scheme which is a Mid-Cap mutual fund scheme. I simply love this scheme because it has a proven past record of Good Performance. The only concern for this scheme is its growing corpus. For a Mid Cap Fund, it is difficult to take position in the low volume mid cap stocks with such a huge fund. But still the Fund manager is very smart and managing the fund.

Recently Reliance Mutual Fund has launched Gold ETF scheme, under which you can take the advantage of Investing in Demat Gold.

The Most popular scheme from Reliance Mutual Fund was Reliance Natural Resources Scheme. Which is a power sector scheme. Another good scheme from Reliance Mutual Fund is Reliance Diversified Power Sector scheme. This is also a great scheme. It is a Power Sector scheme.

Recently Reliance Mutual Fund has been awarded the Best Equity Fund House of India. Thus Reliance Mutual Fund is one of the most reputed Fund house of the country. It is reputed because it is run by Reliance ADA Group.

Recently Reliance Mutual Fund has crossed the 1 Million (10 Lakh) SIP Mark which is a great thing for any fund house.

Useful Resources -

- Reliance Mutual Fund NAVs

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