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Reliance Mutual Fund

Reliance Retirement Fund- Income Generation Scheme

An open ended notified tax savings cum pension scheme with no assured returns

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This product is suitable for investors who are seeking*:

  • Income over long term along with capital growth
  • Investing primarily in fixed income securities and balance in equity & equity related instruments so as to help the investor in achieving the retirement goals

*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 provide capital appreciation and consistent income to the investors which will be in line with their retirement goals by investing in a mix of securities comprising of equity, equity related instruments and fixed income securities. However, there can be no assurance or guarantee that the investment objective of the Scheme will be achieved.

Fund PerformanceGROWTH PLAN

  • Latest NAV (23 Apr 2018)11.9931


​​​NAV as on Mar 28, 2018: ` 12.0554
Performance of Reliance Retirement Fund - Income Generation as on 31/03/2018
Particulars1 Year CAGR %3 Year CAGR %5 Year CAGR %Since Inception
Reliance Retirement Fund - Income Generation4.926.42N.A6.16
B:CRISIL Hybrid 85+15 - Conservative Index6.268.42N.A8.35
AB: Crisil 10 Yr Gilt Index-0.426.36N.A6.43
Value of `10000 Invested
Reliance Retirement Fund - Income Generation​10,48812,050N.A12,055
B:CRISIL Hybrid 85+15 - Conservative Index10,62112,739N.A12,849
AB: Crisil 10 Yr Gilt Index9,95812,029N.A12,150
Inception Date: Feb 11, 2015
​​​B - Benchmark    |   AB - Additional Benchmark   
​​​Fund Manager: Anju Chhajer (Since Feb 2015) & Sanjay Parekh (Since Feb2015)
As the Scheme has completed more than 1 year but less than 3 years, the performance details of only since inception and 1 year are provided herein.​ ​​
​ ​

​​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 Japan Equity Fund17.9914.875.805.49N.A.N.A.
Reliance Retirement Fund - Wealth Creation Scheme14.9412.239.378.39N.A.N.A.
Reliance US Equity Opportunites Fund13.8512.55N.A.N.A.N.A.N.A.
Bottom 3
Reliance Money Manager Fund6.786.857.757.338.358.09
Reliance Banking & PSU Debt Fund6.366.17N.A.N.A.N.A.N.A.
Reliance Liquid Fund - Cash Plan5.946.846.587.337.348.08

​​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).

Ms. Anju Chhajer has been managing Reliance Money Manager Fund since Oct 2009, Reliance Medium Term Fund since Oct 2009, Reliance Liquid Fund - Cash Plan since Oct 2013, Reliance Liquid Fund - Treasury Plan sinceOct 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

​​

​​PERFORMANCE OF OTHER OPEN ENDED SCHEMES MANAGED BY FUND MANAGER: Sanjay Parekh

Scheme Name/sCAGR %
1 Year Return 3 Years Return5 Years Return
Scheme Benchmark Scheme Benchmark Scheme Benchmark
Reliance Monthly Income Plan6.156.266.968.4210.249.78
Reliance Regular Savings Fund - Balanced Option12.2610.0510.649.1217.5113.46​
Reliance Retirement Fund - Wealth Creation Scheme14.9412.239.378.39N.A.N.A.
Reliance Equity Savings Fund 8.198.15N.A.N.A.N.A.N.A.
Reliance Banking Fund 13.3314.00​13.1210.9619.1817.43
​​​

​​Note​:

a.Mr. Sanjay Parekh 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).

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.

Mr. Sanjay Parekh has been managing Reliance Monthly Income Plan since Apr 2012, Reliance Regular Savings Fund - Balanced Option since Apr 2012, Reliance Retirement Fund - Wealth Creation Scheme since Feb 2015, Reliance Retirement Fund - Income Generation Scheme since Feb 2015, Reliance Equity Savings Fund since May 2015 Reliance Banking Fund since Sep 2017​

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 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.​​​​​​​​​​

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Fund Details

  • Inception Date11 Feb 2015
  • Fund ManagerMs. Anju Chhajer | Mr. Sanjay Parekh
Current Investment Philosophy
    • The investment objective of the scheme is to provide capital appreciation and consistent income to the investors which will be in line with their retirement goals by investing in fixed income oriented portfolio with a low to moderate exposure (upto 30%) in equities.
    • Thus the fund attempts to generate potentially higher returns by combining stability of fixed income along with growth possibilities of equities.
    • On the fixed income allocation the fund will attempt to have an optimal blend of duration and accruals with investments in high quality instruments.
    • The equity portolio will be invested pre-dominantly in large cap companies with tactical allocation to mid cap stocks.
    • The fund is well suited for investors in the post -retirement phase seeking regular income with lower volatility.
Minimum Investment
5000.00

    and in multiples of Rs. 500 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**:

1% if redeemed/switched out from Reliance Retirement Fund before attainment of 60 years of age.

Nil in case of Auto SWP/Redemption/Switch out from Reliance Retirement Fund on or after attainmentof 60 years of age or after completion of 5 year lock in period, whichever is later.

Nil in case of switch made from Income Generation Scheme to Wealth Creation Scheme or vice versa.

Nil in case of Auto Transfer from Wealth Creation Scheme to Income Generation Scheme. (Note: Age will be computed with reference to years completed on the date of transaction)

**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 long term along with capital growth
  • Investing primarily in fixed income securities and balance in equity & equity related instruments so as to help the investor in achieving the retirement goals

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



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Details as on Mar 31 , 2018

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Mutual fund investments are subject to market risks, Read all scheme related documents carefully.

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