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​​​​​​​​​​​​​ ​​​​​Home Funds and Performance Reliance Low Duration Fund.​ ​​​​​​

Reliance Low Duration Fund (formerly known as Reliance Money Manager Fund)

An open ended low duration debt scheme investing in debt and money market instruments such that the Macaulay duration of the portfolio is between 6 - 12 months. (Please refer to the page number 13 of the Scheme Information Document on which the concept of Macaulay’s Duration has been explained)

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This product is suitable for investors who are seeking*:

  • Income over short term
  • Investment in debt and money market instruments such that the Macaulay duration of the portfolio is between 6 - 12 months

*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 generate optimal returns consistent with moderate levels of risk and liquidity by investing in debt securities and money market securities.

Fund PerformanceGrowth Plan Growth Option

  • Latest NAV (16 Nov 2018)2493.6531


NAV as on September 28, 2018:` 2465.4094

Performance of Reliance Low Duration Fund as on 30/09/2018
Particulars1 Year CAGR %3 Year CAGR %5 Year CAGR %Since Inception
Reliance Low Duration Fund 6.267.328.028.14
B: Crisil Ultra Short Term Debt Index7.257.438.208.20
AB: Crisil 1 Yr T-Bill Index5.586.337.246.37
Value of `10000 Invested
Reliance Low Duration Fund 10,62412,35914,70224,654
B: Crisil Ultra Short Term Debt Index10,72312,39514,82524,810
AB: Crisil 1 Yr T-Bill Index10,55712,02114,17820,393
Inception Date: Mar 20, 2007
​​​B - Benchmark    |   AB - Additional Benchmark   
"Fund Manager: Amit Tripathi (Since Mar 2007) & Anju Chhajer (Since Oct 2009)
​​

​​PERFORMANCE OF OTHER OPEN ENDED SCHEMES MANAGED BY FUND MANAGER: Amit Tripathi

Scheme Name/sCAGR %
1 Year Return 3 Years Return5 Years Return
Scheme Benchmark Scheme Benchmark Scheme Benchmark
Reliance Money Market Fund 7.207.217.237.197.937.92
Reliance Floating Rate Fund 3.617.216.617.19​7.807.92
Reliance Hybrid Bond Fund 2.461.986.857.6110.7610.04
Reliance Prime Debt Fund5.584.257.327.038.128.21
​Reliance Equity Hybrid Fund 2.286.5710.4210.8318.2714.14

​​Note​:

a.Mr. Amit Tripathi manages 6 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).

Mr. Amit Tripathi has been managing Reliance Money Market Fund since Jun 2005, Reliance Low Duration Fund since Mar 2007, Reliance Floating Rate Fund since Oct 2007, Reliance Hybrid Bond Fund Oct 2008, Reliance Prime Debt Fund since Oct 2008, Reliance Equity Hybrid Fund since - Aug 2010

​​​PERFORMANCE OF OTHER OPEN ENDED SCHEMES MANAGED BY FUND MANAGER: Anju Chhajer

Scheme Name/sCAGR %
1 Year Return 3 Years Return5 Years Return
Scheme Benchmark Scheme Benchmark Scheme Benchmark
Top 3
Reliance US Equity Opportunites Fund27.3717.9618.6717.33N.A.N.A.
Reliance Japan Equity Fund20.8110.8711.0511.16N.A.N.A.
Reliance Liquid Fund 7.117.217.257.197.947.92
Bottom 3
Reliance Equity Savings Fund2.488.137.278.79N.A.N.A.
Reliance Retirement Fund - Wealth Creation Scheme1.077.439.2612.64N.A.N.A.
Reliance Retirement Fund - Income Generation Scheme-3.241.984.567.61N.A.N.A.
​​​​​​

​​Note​:

a.Ms. Anju Chhajer manages 10 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 are on the basis of 1 Year CAGR returns.

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).

TRI - Total Returns Index reflects the returns on the index arising from (a) constituent stock price movements and (b) dividend receipts from constituent index stocks, thereby showing a true picture of returns.

The performance of the equity scheme is benchmarked to the Total Return variant of the Index.

​Ms. Anju Chhajer has been managing Reliance Low Duration Fund since Oct 2009, Reliance Prime Debt Fund since Oct 2009, Reliance Ultra Short Duration Fund since Oct 2013, Reliance Liquid Fund since Oct 2013, Reliance Japan Equity Fund since Aug 2014, Reliance Retirement Fund - Wealth Creation Scheme since Feb 2015, Reliance Retirement Fund - Income Generation Scheme sinceFeb 2015, Reliance Banking & PSU Debt Fund since May 2015, Reliance Equity Savings Fund since May 2015, Reliance US Equity Opportunities Fund since Jul 2015

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 concerned 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).

​​
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Fund Details

  • Inception Date20 Mar 2007
  • Fund ManagerMs. Anju Chhajer | Mr. Amit Tripathi
Current Investment Philosophy
  • The fund’s portfolio invests approximately 90% in higher rated (AAA/AA+) assets.
  • A major part of the portfolio gets allocated in 0 – 9 months bucket, 15 – 30% allocation is made in assets of 9-18 months, which would give the portfolio carry advantage and roll down benefit.
  • The portfolio duration would be maintained between 180-250 days.
Minimum Investment
10000.00

    and in multiples of Rs 1 thereafter for Daily Dividend Option For Weekly Dividend Option - Rs 5000 & in multiples of Rs 1 thereafter For Other Plans and Options - Rs 500 and in multiples of Rs 1 thereafter

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:**

NIL

**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 short term
  • Investment in debt and money market instruments such that the Macaulay duration of the portfolio is between 6 - 12 months

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



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Details as on Oct 31 , 2018

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