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Reliance Retirement Fund- Wealth Creation Scheme

An open ended retirement solution oriented scheme having a lock-in of 5 years or till retirement age (whichever is earlier)

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This product is suitable for investors who are seeking*:

  • Income over long term along with capital growth
  • Investing primarily in equity & equity related instruments and balance in fixed income securities 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 (18 Jul 2018)13.0520


NAV as on june 29, 2018: ` 13.1767

Performance of Reliance Retirement Fund - Wealth Creation as on 29/06/2018
Particulars1 Year CAGR ​%3 Year CAGR %5 Year CAGR %Since Inception
Reliance Retirement Fund - Wealth Creation 8.919.68N.A8.50
B: S&P BSE 500 (TRI)11.5711.45N.A9.61
AB: S&P BSE Sensex (TRI)16.009.90N.A.8.13
Value of `10000 Invested
Reliance Retirement Fund - Wealth Creation10,88913,194N.A.13,177
B: S&P BSE 500 (TRI)11,15413,843N.A.13,636
AB: S&P BSE Sensex (TRI)11,59613,275N.A13,023
Inception Date: Feb 11, 2015
​​​​B - Benchmark    |   AB - Additional Benchmark |   TRI - Total Return Index
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 US Equity Opportunitues Fund21.6014.42N.A.N.A.N.A.N.A.
Reliance Japan Equity Fund11.499.703.384.20N.A.N.A.
Reliance Liquid Fund 6.927.017.307.258.048.02
Bottom 3
Reliance Equity Savings Fund5.358.447.298.14N.A.N.A.
Reliance Banking & PSU Debt Fund4.214.657.487.46N.A.N.A.
Reliance Retirement Fund - Income Generation Scheme-1.633.006.068.20N.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 d​​ata ​​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 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

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

​Scheme Name/s​CAGR %
1 Year Return 3 Years Return5 Years Return
Scheme Benchmark Scheme Benchmark Scheme Benchmark
Reliance Hybrid Bond Fund2.903.007.288.209.559.03
Reliance Equity Hybrid Fund 7.078.6010.9510.0517.3913.40
Reliance Retirement Fund - Income Generation Scheme-1.633.006.068.20N.A.N.A.
Reliance Equity Savings Fund 5.358.447.298.14N.A.N.A.
​​​​​​​

​​Note​:

a.Mr. Sanjay Parekh manages 5 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 Hybrid Bond Fund since Apr 2012, Reliance Equity Hybrid Fund 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

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.​​​​​​​​​

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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 an equity oriented portfolio.
    • The fund attempts to invest primarily in the large cap space with some allocations to good quality mid-cap companies.
    • The fund endeavors to provide a superior wealth creation alternative for investors who are in the accumulation phase i.e seeking to create a retirement corpus during their pre-retirement phase.
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**:

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 long term along with capital growth
  • Investing primarily in equity & equity related instruments and balance in fixed income securities 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 Jun 30 , 2018

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