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Reliance Mutual Fund

Reliance Gold Savings Fund

An Open Ended Fund of Fund Scheme

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This product is suitable for investors who are seeking*:

  • Long term capital growth.
  • Returns that are commensurate with the perfornmance of R*Shares Gold ETF through investment in securities of R*Shares Gold ETF.

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

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  • Investment Objective:
    The investment objective of the scheme is to seek to provide returns that closely correspond to returns provided by R*Shares Gold ETF

Fund PerformanceGrowth Plan Growth Option

  • Latest NAV (28 Jul 2015)11.2245


NAV as at March 31, 2015 (Rs.): 11.711

Performance of Reliance Gold Saving Fund - Growth Plan As on 31/03/2015
​​​​Date​ NAV Per unit ` Scheme Returns (%) Benchmark Returns # (%) Additional Benchmark Returns ## (%)
Since inception till March 31, 2015 10.0337 3.88 13.61 N.A.
March 31, 2014 to March 31, 2015 13.1466 -10.92 -8.24 N.A.
March 28, 2013 to March 31, 2014 13.6615 -3.77 -3.88 N.A.
March 30, 2012 to March 28, 2013 13.2929 2.77 4.83 N.A.
Since Inception Date - 11/03/2011
# Benchmark - Prices of Gold
## Additional Benchmark - N.A.

Past performance may or may not be sustained in future and the same may not necessarily provide the basis for comparison with other investment. Since inception returns (wherever provided) is comand the same may not necessarily provide the basis for comparison with other investment. Since inception returns (wherever provided) is computed on Compounded Annualized Growth Returns (CAGR) basis. For Scheme(s) which has completed more than 3 years, point to point returns for twelve month periods for last 3 years is provided basis the last day of the calendar quarter and are computed on absolute basis. In case the scheme(s) which is in existence for more than 1 year but less than 3 years, point to point returns is provided for as many period as possible, such period being counted from the last day of the calendar quarter and are computed on absolute basis. Further (wherever applicable), Returns for 7 days, 15 days and 30 days are computed on a simple annualized basis. Performance of dividend option would be Net of Dividend distribution tax, if any. Since inception returns are based on first declared NAV. Face of value of scheme is Rs. 10/- per unit. Face of Value of Reliance Money Manager Fund is Rs.1000/- per unit. Face of Value of Reliance Liquidity Fund, Reliance Liquid Fund - Treasury Plan & Reliance Liquid Fund - Cash Plan is Rs.1000/- per unit w.e.f 5th Aug 2012. Face value of R*Shares Gold ETF is Rs.100 per unit. In case, the start/end date of the concerned period is non-business day (NBD), the NAV of the previous date is considered for computation of returns.

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Fund Details

  • Inception Date11 Mar 2011
  • Fund ManagerKrishan Daga
Current Investment Philosophy

    The Scheme employs an investment approach designed to track the performance of R*Shares Gold ETF. The Scheme seeks to achieve this goal by investing in R*Shares Gold ETF.

Minimum Investment
5000.00

    and in multiples of Re.1 thereafter*
    *Reliance Capital Asset Management Limited (“RCAM”) in consultation with the Trustee Company of Reliance Mutual Fund i.e Reliance Capital Trustee Co. Ltd. (“RCTC”), has decided to re-commence the acceptance of subscription in Reliance Gold Savings Fund (“RGSF”), with effect from October ,23, 2013. Refer Addendum No. 72

Fund Manager
Load Details
0%

Entry Load*:

0%

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

0%

Exit Load**:

0%

2%- If redeemed or switched out on or before completion of 1 year from the date of allotment of units,

0%

Nil - If redeemed or switched out after the completion of 1 year from the date of allotment of units
** If charged, the same shall be credited to the scheme immediately net of service tax, if any Benchmark: The scheme's performance will be benchmarked against the price of physical Gold.

Product label

This product is suitable for investors who are seeking*:

  • Long term capital growth.
  • Returns that are commensurate with the perfornmance of R*Shares Gold ETF through investment in securities of R*Shares Gold ETF.

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



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Latest NAV

2249.3582 28-Jul-2015