| The Power of Compounding calculator helps to ascertain the amount you need to invest every month for respective targeted period to achieve your estimated amount (corpus) at your anticipated rate of return. |
Note: This is only an illustration, to demonstrate the concept of compounding and should not be construed as a promise, guarantee or a forecast of any minimum returns. The Mutual Fund or the Investment Manager does not assure any safeguard of capital and investments through SIP does not guarantee or assure any protection against losses in declining market conditions. The illustration provides monthly recurring investments required to achieve an estimated corpus at the end of a targeted period at an anticipated rate of return, all specified by the investor. Exit load may be applicable at the time of redemption of units earned through SIP. Such load, if any and depreciation in value of money due to inflation have not been factored into while arriving at the targeted corpus. A band of 4% to 15% per annum has been displayed in view of the coupon over the last decade on Government of India bonds, bank deposits, company deposits etc. of multiple tenures, and has no bearing on the prospective returns on investments in any Scheme of Reliance Mutual Fund through SIP or otherwise. The illustrated returns shall not be construed to be indicative of any future returns and may not necessarily provide a basis for comparison with other investment avenues. This information is meant for general reading purpose only and is not meant to serve as a professional guide for the readers. Readers are advised to seek independent professional advice and arrive at an informed investment decision before making any investments.
Statutory Details: Reliance Mutual Fund has been constituted as a trust in accordance with the provisions of the Indian Trusts Act, 1882. Sponsor: Reliance Capital Limited. Trustee: Reliance Capital Trustee Company Limited. Investment Manager: Reliance Capital Asset Management Limited (Registered Office of Trustee & Investment Manager: “Reliance House” Nr. Mardia Plaza, Off. C.G. Road, Ahmedabad 380 006). The Sponsor, the Trustee and the Investment Manager are incorporated under the Companies Act 1956. The Sponsor is not responsible or liable for any loss resulting from the operation of the Scheme beyond their initial contribution of Rs.1 lakh towards the setting up of the Mutual Fund and such other accretions and additions to the corpus.
Risk Factors: Mutual Funds and securities investments are subject to market risks and there is no assurance or guarantee that the objectives of the Scheme will be achieved. As with any investment in securities, the NAV of the Units issued under the Scheme can go up or down depending on the factors and forces affecting the capital markets. The names of the Schemes do not in any manner indicate either the quality of the Scheme; its future prospects or returns. Past performance of the Sponsor/AMC/Mutual Fund is not indicative of the future performance of the Scheme. The NAV of the Scheme may be affected, interalia, by changes in the market conditions, interest rates, trading volumes, settlement periods and transfer procedures. For details of Scheme features apart from those mentioned above and for Scheme specific risk factors, please refer to the Scheme Information Document which is available at all the DISC, Distributors and www.reliancemutual.com. Please read the Scheme Information Document and Statement of Additional Information carefully before investing. |
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