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 Sep 2018)24.6603


NAV as on August 31, 2018: ` 24.6885

Performance of Reliance Credit Risk Fund as on 31/08/2018
Particulars1 Year CAGR %3 Year CAGR %5 Year CAGR %Since Inception
​Reliance Credit Risk Fund5.287.858.967.07
B: Crisil Composite Bond Fund Index0.91​7.219.086.93
AB: Crisil 10 Yr Gilt Index-3.545.546.835.94
Value of `10000 Invested
Reliance Credit Risk Fund 10,52812,54715,36824,689
B: Crisil Composite Bond Fund Index10,09112,32715,44724,285
AB: Crisil 10 Yr Gilt Index9,64611,75913,91921,453
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 Strategic Debt Fund3.690.917.847.21N.A.N.A.
Reliance Short Term Fund3.604.637.017.408.508.61
Reliance Gilt Securities Fund0.10-0.698.017.349.899.69
Bottom 3
Reliance Dynamic Bond Fund -0.500.916.547.218.309.08
Reliance Income Fund -0.600.916.267.217.799.08
Reliance ETF Long Term Gilt*-1.83-2.07​N.A.N.A.​N.A.N.A.
​​​​

Note:

a.Mr. Prashant Pimple manages 8 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 Classic Bond Fund Option since Aug 2010, Reliance Credit Risk Fund since Jun 2014, Reliance ETF Long Term Gilt since Jul 2016,Reliance Nivesh Lakshya Fund since July 2018.

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 Low Duration Fund is `1000/- per unit. Face Value of Reliance Money Market Fund, Reliance Liquid Fund, Reliance Ultra Short Duration Fund 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.Different plans shall have a different expense structure. The performance details provided herein are of Growth Plan (Regular Plan) .​​​​

​ ​
Read more

Fund Details

  • Inception Date8 Jun 2005
  • Fund ManagerMr. Prashant Pimple
Current Investment Philosophy
    • Focus will be on maximizing accrual with increased allocation to AA- and below segment.
    • The fund will run duration upto 2 years.
    • Core mandate is to generate returns through accrual, hence low duration profile.
    • Emphasis is on credit risk diversification.
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 Aug 31 , 2018

​​

​​Related Downloads & Tools

Tools

  • SIP Calculator​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​

How to Invest?

Contact our advisor to complete the process

Other funds in such category

Reliance Strategic Debt Fund (formerly known as Reliance Classic 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 14 of the Scheme Information Document on which the concept of Macaulay’s Duration has been explained)-Growth Plan

Latest NAV

14.1502 21-Sep-2018

Get the app