Top 5 Reliance Mutual Fund Schemes That Are Winning the Mutual Fund Industry

Reliance Mutual Fund is a part of Reliance Anil Dhirubhai Ambani Group. It is one of the top asset management companies in India. It aims to deliver a reasonable return to the investors on their investments and savings. The success of the AMC can be observed by its gigantic AUM of approximately 2.5 lakh crore. It has won the trust of more than 81 lakh investors as of 11 June 2018. It has constantly provided numerous innovative and successful schemes. Some of the top performing schemes of Reliance Mutual Fund are described below. 

​​​​​​​Top Performing Reliance Mutual Fund Schemes

Reliance Large Cap Fund (G): It is a large-cap fund and was previously known as Reliance Top 200 Fund. It invests more than 80% of the corpus in equity instruments of large-cap companies and a small proportion in mid-cap companies. It has provided an annualised return of 18% in 2 years and 19.3% in 5 years. The fund is managed by Mr Shailesh Raj Bhan who is an MBA in finance and CFA. He has more than 2 decades of experience in prestigious financial firms. He mainly targets finance sector companies. 

Reliance Small Cap Fund (G): It is a very popular scheme of Reliance Mutual Fund and one of the best small cap funds in the country due to its phenomenal track record. It has generated an annualized return of 28.1% in 2 years and 36.1% in 5 years. It has fulfilled the goal of long-term wealth creation for a majority of investors. The fund is managed by Mr Samir Rachh who was recently accompanied by Mr Dhrumil Shah. They have expertise in analyzing the growth potential of small-cap companies of the diversified sector. They invest more than 60% of the corpus in equity instruments of small-cap companies.

Reliance Multi Cap Fund (G): It is a multi-cap scheme which makes a considerable allocation to companies of every market cap. Generally, it has 10-20% in small-cap, 30-40% in mid-cap, and 60-40% in large-cap companies. The allocation is 100% equity oriented. This fund has generated an annualized return of 13.9% in 2 years and 17.5% in 5 years. This scheme is also managed by Mr Shailesh Raj Bhan. He mainly invests in companies of finance and engineering sector. 

Reliance Equity Hybrid Fund (G): It is an equity-oriented hybrid fund which invests approximately 70% of the corpus in equity instruments and 30% in debt instruments. The finance sector is the number one priority for equity investments. The debt instruments are bonds, debenture, and zero coupon bonds of AA, AA+, and A- ratings. It has shown an annualized growth of 15% in 2 years and 17.8% in 5 years. The fund is managed by Mr Amit Tripathi and Mr Sanjay Parekh. Both of them are very experienced and highly qualified for the post.

Reliance Tax Saver Fund (G): It is an ELSS scheme which serves the purpose of tax-saving as well as capital appreciation. It has shown an annualized return of 20.8% in last 5 years. The scheme is 100% equity oriented and is spread across diversified sectors and market caps. It has a lock-in period of 3 years. The fund is managed by Mr Ashwani Kumar who is a B.Sc and an MBA in Finance.