Sign In

​​​​​​​​​​ ​​​​​Home Funds and Performance Reliance Credit Risk Fund.​ ​​​​​​​

Reliance Credit Risk Fund (formerly known as Reliance Regular Savings Fund - Debt Option)

An open ended debt scheme predominantly investing in AA and below rated corporate bonds (excluding AA+ rated corporate bonds)

Product Label Close

This product is suitable for investors who are seeking*:

  • Income over medium term.
  • Investment predominantly in AA and below rated corporate bonds

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them

investMore investMore
  • Investment Objective:
    The primary investment objective of this option is to generate optimal returns consistent with a moderate level of risk. This income may be complemented by capital appreciation of the portfolio. Accordingly investments shall predominantly be made in Debt & Money Market Instruments.

Fund PerformanceGrowth Plan Growth Option

  • Latest NAV (21 May 2018)24.1114


NAV as on Apr 27​, 2018: ` 24.1198

Performance of Reliance Regular Savings Fund - Debt Option as on 30/04/2018
Particulars1 Year CAGR %3 Year CAGR %5 Year CAGR %Since Inception
​Reliance Regular Savings Fund - Debt Option 5.87 8.068.537.07
B: Crisil Composite Bond Fund Index3.70​7.577.877.00
AB: Crisil 10 Yr Gilt Index-1.015.745.595.98
Value of `10000 Invested
Reliance Regular Savings Fund - Debt Option 10,58512,61415,05424,120
B: Crisil Composite Bond Fund Index10,36912,44114,59623,912
AB: Crisil 10 Yr Gilt Index9,89911,819​13,12121,152
Inception Date: Jun 08, 2005
​​​B - Benchmark    |   AB - Additional Benchmark   
​​​​Fund Manager: Prashant Pimple (Since Aug 2010)
​​

​​PERFORMANCE OF OTHER OPEN ENDED SCHEMES MANAGED BY FUND MANAGER:Prashant Pimple

Scheme Name/sCAGR %
1 Year Return 3 Years Return5 Years Return
Scheme Benchmark Scheme Benchmark Scheme Benchmark
Top 3
Reliance Corporate Bond Fund5.473.708.277.57N.A.N.A.
Reliance Short Term Fund5.145.537.317.627.938.28
Reliance Gilt Securities Fund3.422.847.957.328.448.53
Bottom 3
Reliance Dynamic Bond Fund 2.723.706.627.577.387.87
Reliance Income Fund 2.423.706.207.576.567.87
Reliance ETF Long Term Gilt*0.920.72​N.A.N.A.​N.A.N.A.
​​​​

Note:

a.Mr. Prashant Pimple manages 7 open-ended schemes of Reliance Mutual Fund .

b. In case the number of schemes managed by a fund manager is more than six, in the performance data of other schemes, the top 3 and bottom 3 schemes managed by fund manager has been provided herein.

c. Period for which scheme’s performance has been provided is computed basis last day of the month-end preceding the date of advertisement.

d. Different plans shall have a different expense structure. The performance details provided herein are of Growth Plan (Regular Plan) .

*The Scheme does not offer any Plans/Options. The performance details are provided at Scheme level using Dividend Reinvestment NAV's.​

Mr. Prashant Pimple has been managing Reliance Dynamic Bond Fund since Oct 2008, Reliance Income Fund since Oct 2008, Reliance Gilt Securities Fund since Oct 2008, Reliance Short Term Fund since Oct 2008, Reliance Regular Savings Fund - Debt Option since Aug 2010, Reliance Corporate Bond Fund since Jun 2014, Reliance ETF Long Term Gilt since Jul 2016

Past performance may or may not be sustained in future and the same may not necessarily provide the basis for comparison with other Investment. Dividends (if any) are assumed to be reinvested at the prevailing NAV. In case of LIQUIDBEES, returns are based on gross dividend per unit declared by the Fund. Bonus (if any) declared has been adjusted. Performance of dividend option would be Net of Dividend distribution tax, if any. Face value of scheme is `10/- per unit. Face Value of Reliance Money Manager Fund is `1000/- per unit. Face Value of Reliance Liquidity Fund, Reliance Liquid Fund - Treasury Plan & Reliance Liquid Fund - Cash Plan is `1000/- per unit w.e.f 5th Aug 2012. Face value of Reliance ETF Junior BeES is `1.25/- per unit. Face value of Reliance ETF Liquid BeES is `1000/- per unit. Face value of Reliance ETF Gold BeES is `100/- per unit. In case, the start/end date of the conce​rned period is non-business day (NBD), the NAV of the previous date is considered for computation of returns. Schemes which have not completed one year, performance details for the same are not provided. Performance details of closed ended schemes are not provided since these are not comparable with other schemes.​​​​

Read more

Fund Details

  • Inception Date8 Jun 2005
  • Fund ManagerMr. Prashant Pimple
Current Investment Philosophy
    • The fund strategy is to benefit from accrual based returns by running a moderate duration portfolio which maintains a prudent balance in exposure towards short to medium tenor corporate bonds and PTCs.
    • It endeavors to generate alpha by investing in acceptable credit quality private sector exposures in the plain vanilla and structured space.
    • The endeavor is to limit duration risk by limiting individual asset duration to 4 years and overall duration range of 1 to 2 years and thereby trying to reduce volatility and emphasize more on accruals over a period of time.
    • To ensure reasonable liquidity in the portfolio at all points of time, the strategy is to ladder the portfolio in terms of maturity while striving to maintain modified duration in the range of 1 to 2 years.
Minimum Investment
500.00

    and in multiples of Re.1 thereafter

Fund Manager
Load Details

Entry Load*:

Not Applicable

*In terms of SEBI circular no. SEBI/IMD/CIR No.4/ 168230/09 dated June 30, 2009, no entry load will be charged by the Scheme to the investor effective August 1, 2009. Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors' assessment of various factors including the service rendered by the distributor.

Exit Load:**

10% of the units allotted shall be redeemed without any exit load, on or before completion of 12 months from the date of allotment of units. Any redemption in excess of such limit in the first 12 months from the date of allotment shall be subject to the following exit load. Redemption of units would be done on First in First out Basis (FIFO):

1% - on or before completion of 12 months from the date of allotment of units.

Nil - after 12 months from the date of allotment of units.

**If charged, the same shall be credited to the scheme immediately net of Goods & Service tax, if any.

Product label

This product is suitable for investors who are seeking*:

  • Income over medium term.
  • Investment predominantly in AA and below rated corporate bonds

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them



Close

Portfolio

Select

Details as on Apr 30 , 2018

​​

​​Related Downloads & Tools

How to Invest?

Contact our advisor to complete the process

Other funds in such category

Reliance Classic Bond Fund (formerly knpwn as Reliance Corporate Bond Fund) An open ended medium term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 3 to 4 years. (Please refer to the page number of the Offer Document on which the concept of Macaulay’s Duration has been explained)-Growth Plan

Latest NAV

13.9059 21-May-2018

Get access to our latest factsheets

Submit

Get the app