NAV as at Mar 28, 2013 (Rs.) 9.2422
|Performance of Reliance Index Fund - Sensex Plan - Growth Plan - Growth Option as on 28/03/2013|
||NAV Per Unit (Rs.)
||Scheme Returns (%)
||Benchmark Returns # (%)
||Additional Benchmark Returns # # (%) |
|March 28, 2012 to March 28, 2013
|March 28, 2011 to March 28, 2012
Since Inception Date - 01/10/2010
# Benchmark: CNX Nifty
## Additional Benchmark: S&P BSE SENSEX
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 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 Exchange Traded Fund 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
- Index funds are mutual funds that endeavor to track/replicate the constituents of the target index.
- Index Funds generally hold securities in the same proportion as the target index.
- Index Funds are passively managed funds :
- There is no active selection of stocks by the Fund Manager.
- The portfolio is rebalanced periodically only when companies enter/exit the index.
- The expense ratio of index funds are generally less than actively managed equity funds.
- Index funds in India, generally track S&P CNX Nifty & BSE Sensex Indices.
Why One Should Invest In Index Funds?
- Index funds are the simplest of the mutual fund products to understand, even for a layman who just has a vague idea about the equity markets.
- Provides an opportunity to participate in India growth story by investing in well-diversified portfolio of fundamentally strong, highly liquid, well known companies.
- Index funds aims to minimize unsystematic risk (risk pertaining to companies, sectors etc) of an investor's portfolio to a certain extent.
- Performance of the portfolio is generally in tune with the performance of the target index:
- Any variation in performance (known as tracking error) is generally due to the % of cash allocation & expenses of the fund.
- Lower management fees & lower portfolio turnover makes it cost efficient.
BSE SENSEX – One of the Best Representatives of India Growth Story
- S&P BSE SENSEX is a true representative of Indian Economy, since the constituents are blue chip companies which are the most liquid, biggest & widely owned companies.
- As the oldest index (since 1986), BSE Sensex is a 30 stock index representing large, well-established & financially sound companies across 11 key sectors.
- BSE SENSEX Index is widely accepted among the Indian & Global Investors.
- It is professionally maintained & provides the time series data over a fairly long period of time, thus, capturing all heightened activities of bull & bear runs, in the most judicial manner.
Source: www.bseindia.com, 31st Aug10
Performance of BSE SENSEX
Index values have been rebased at 100
|Performance As On 31st August 2010|
Performance of BSE SENSEX - Systematic Investment Plan
|SIP Performance As On 31st August 2010|
Source: www.bseindia.com, Past Performance may or may not be sustained in future. The above table and graph gives an illustration of the performance of BSE SENSEX on the basis of historical data, if invested directly or through Systematic Investment Plan. The same should not be construed as a indication, promise, guarantee or a forecast of any returns. The details may not necessarily provide a basis for comparison with any other investment avenues. Readers are advised to seek independent professional advice and arrive at an informed investment decision before making any investments.
a) Returns on SIP are annualized and cumulative investment return for cash flows resulting out of uniform and regular monthly subscriptions on 1st of every month have been worked out on excel spreadsheet function known as XIRR.
b) It is assumed that a SIP of Rs. 1000/- each executed on 1st of every month has been taken into consideration including the first installment. It may please be noted that load has not been taken into consideration.
c) The amounts invested in SIP and the market values of such investments at respective periodic intervals thereof are simulated for illustrative purposes for understanding the concept of SIP. This illustration should not be construed as a promise, guarantee on or a forecast of any minimum returns. The Mutual Fund or the Investment Manager does not assure any safeguard of capital and the illustrated returns are not necessarily indicative of future results and may not necessarily provide a basis for comparison with other investments. SIP does not guarantee or assure any protection against losses in declining market conditions.
Positioning of the Fund
- A Conservative Large Cap Oriented Index Linked Fund.
- The fund aims to provide regular income in form of defined dividend frequency*
- Investment Management Fee will not be charged for the first calendar quarter, once the scheme re opens for continuous sale and repurchase (i.e. till December 31, 2010)**
*The Mutual Fund is not assuring that it will make periodical dividend distributions, though it has every intention of doing so. All dividend distributions are subject to the availability of distributable surplus in the Scheme. Pursuant to payment of dividend the NAV of the scheme would fall to the extent of payout and statutory levy, if any.
**However for further periods, investors will be notified (through our website) about the Investment Management Fee that will be charged to the Scheme on a quarterly basis at the beginning of the quarter in case of any change.
- Passively managed fund which aims to mirror BSE Sensex so as to commensurate with the performance of the underlying Index, subject to tracking errors.
- Ideal for those investors who would like to participate in the India growth story by investing in well-diversified portfolio of well known large cap companies.
- The funds will aim to charge relatively low expense as compared to other actively managed equity funds.
|Scheme Features of Reliance Index Fund - Nifty Plan|
||The primary investment objective of the scheme is to replicate the composition of the SENSEX, with a view to generate returns that are commensurate with the performance of the SENSEX, subject to tracking errors.|
|Nature of the Scheme
||An Open Ended Index Linked Scheme|
|Proposed Asset Allocation
||Equities & equity related securities covered by SENSEX - 95% to100%|
Cash/CBLO/Repo & Reverse Repo & Money Market instruments (CPs,CDs, Tbills, Mibor linked instruments with daily Put/Call options & overnight Interest rate Reset Linked Instruments)but excluding Subscription and Redemption Cash Flow # - 0% to 5%
#Subscription Cash Flow is the subscription money in transit before deployment and Redemption Cash Flow is the money kept aside for meeting redemptions.
|Choice of Plans/Options
- Growth Plan : Growth Option : Bonus Option
- (Dividend Plan (Payout Option & Reinvestment Option) : Quarterly Dividend Option : Half Yearly Dividend Option : Annual Dividend Option
Direct Plan (w.e.f. 01-01-2013)
- Direct Plan Growth Plan : Growth Option : Bonus Option
- Direct Plan (Dividend Plan (Payout Option & Reinvestment Option) : Quarterly Dividend Option : Half Yearly Dividend Option : Annual Dividend Option
||Rs. 5000 & in multiples of Re 1 thereafter|
(During New Fund Offer & Continuous Offer including SIP Installments)
|Entry Load* : Nil|
|Exit Load :|
|1% of the applicable NAV if redeemed or switched out on or before completion of 1 year from the date of allotment of units. There shall be no exit load after completion of 1 year from the date of allotment of units.|
*In accordance with the requirements specified by the SEBI circular no. SEBI/IMD/CIR No.4/168230/09 dated June 30, 2009 no entry load will be charged for purchase / additional purchase / switch-in accepted by the Fund with effect from August 01, 2009. Similarly, no entry load will be charged with respect to applications for registrations under systematic investment plans/ systematic transfer plans accepted by the Fund with effect from August 01, 2009.
How to investThe investor can invest into Reliance Index Fund - Sensex Plan through following different routes:
Online Investment Mode through Reliance Mutual Fund Website - please click on the links below:
- Existing Investor with IPIN through a transact online model
Transact Online is a an online facility offered for Existing Investors to Purchase, Redeem , Switch units or any other transaction of Reliance Mutual Fund schemes via online mode if they have an I-pin login.
- Existing Investor and New Investor without IPIN through an invest online model
Invest Online is an online facility offered to Existing as well as New or Upcoming investors to purchase in Reliance Index Fund-Sensex Plan without having an I-pin Login.
Through the Mutual Fund Exchange Transaction Platform on Bombay Stock Exchange Ltd / National Stock Exchange Of India Ltd:
The investor can apply through the brokers associated with the NSE/BSE who are also registered with AMFI (ARN holders) as Mutual Fund Advisors and have empanelled with Reliance Mutual Fund.
Physical Application Forms :
- The NFO subscription application forms of Reliance Index Fund-Sensex Plan can be submitted at the designated bank collection of AXIS Bank Ltd and Kotak Mahindra Bank Ltd centre as per the details given below during the NFO period. Such NFO subscription application form will not be accepted at the investor service centre of RCAM
- However the NFO subscription application form of Reliance Index Fund-Sensex Plan for an investor who has applied for switch and auto switch facility can be submitted at any of the Designated Investor Service Centre (DISC) of RCAM. Please click here for details of the same.
AXIS Bank Main Locations :
Agra: Shop No. 1, 3 To 16, Block No 51anupam Plaza II, Sanjay Placeagra 282002 (U.P.), Ahmedabad: ‘Trishul', Opposite Samartheshwar Temple, Law Garden, Ellis Bridge, Ahmedabad 380 006, Gujarat, Amritsar: 29, Kennedy Avenue, Court Road, Amristar 143001, Amristar District, Punjab.Bangalore: No. 9, M. G. Road, Block A, Bangalore 560001. Chandigarh: SCO 343-344, Sector 35-B, Chandigarh 160 022. Chennai: 82, Dr.Radhakrishnan Salai, Mylapore, Chennai 600 004. Cochin (Kochi): 41/419, Ground Floor, Chicago Plaza, Rajaji Road, Ernakulum, Kochi - 682 035. Coimbatore: Vigneswar Cresta, No.1095, Avinashi Road, Pappanaickenpalayyam, Coimbatore – 641 037. Dehradun: Shri Ram Arcade,74(New No.250/466), Rajpur Road,Dehradun 248001, Uttarakhand. Guwahati: Ground Floor, Chibber House, G.S. Road, Dispur, Guwahati 781 005, Assam. Hyderabad: 6-3-879/B, G. Pulla Reddy Bldg. First Floor, Begumpet Road, Hyderabad 500 016. Indore: Kamal Palace, 1, Yeshwant Colony, Y N Road, Indore 452003. Jaipur: O-15, Green House, Ashok Marg, C-Scheme, Jaipur 302 001. Jamshedpur: Voltas House, Near Ram Mandir, Bistupur, Jamshedpur 831 001. Kanpur: 16/104 A , Civil Lines, Infront Of Icai Bhawan Kanpur 208001, Uttar Pradesh. Kolkata: Ground & First Floors, 7, Shakespeare Sarani, Kolkata 700 071. Lucknow: 25 B , Ashok Marg,Sikander Bagh Chauraha, Lucknow 226001. Ludhiana: Shop No.3, Lgf, Surya Towers, 108, The Mall, Ludhiana (Punjab) 141 001. Mangalore: Essel Towers, Bunts Hostel Circle, Mangalore - 575 003. Mumbai: Universal Insurance Bldg. Ground Floor, Sir. P. M. Road, Fort, Mumbai 400 001. Nagpur: M. G. House,Rabindranath Tagore Road, Besides Board Office, Civil Lines Nagpur 440001. Nasik: Mazda Towers, Tryambak Naka F.P.No.183, C.T.Sno.620/9 GPO Road, Nashik 422001, Maharashtra. New Delhi: “Statesman House”, 148, Barakhamba Road, New Delhi 110 001. Panipat: 515-515B, Ward No. 8, Gaylord Hotel Building, G.T. Road, Panipat 132 103, Haryana. Panjim: Siddharth Bandodkar Bhavan, P. Shir Gaonkar Road Panaji 403001, GOA. Patna: Lok Nayak Jay Prakash Bhawandak Bungalow Crossing Patna 800001, Bihar. Pune: Sterling Plaza, Plot No.1262/B, Jangli Maharaj Road, Near Deccan Gymkhana, Pune 411004. Rajkot: “TITAN”, Near K K V Circle, Kalawad Road, Rajkot 360005. Surat: Digvijay Towers, Opp. St. Xavier'S School, Ghod Dod Road, Surat - 395 001. Vadodara: Vardhaman Complex, Opp. G.E.Brace Course Circle (North), Vadodara 390007.
Kotak Mahindra Bank Ltd Main Locations:
Agra: Shriram Hospital, M.G.Road, Agra, Uttar Pradesh -282003. Ahmedabad: Ground Floor, Chandan house, Opp. Abhijeet III, Near Mithakali, Six Roads, Navrangpura, Ahmedabad. Amritsar: 10, Kennedy Avenue, The Main Mall Road, Amritsar, Punjab - 143001. Bangalore: 10/7, Umiya Land Mark, Next to Chancery Hotel, Lavelle Road, Bangalore - 560001. Baroda / Vadodara: Panorama Building, R.C.Dutta Road, Alkapuri, Vadodara-300097. Chandigarh: SCO 153-154-155, Madhya Marg, Sector 9 -c, Chandigarh - 160 009. Chennai: Capitale, Ground Floor, 555, Anna Salai, Chennai. Cochin : Ground Floor, Kumarapillai Estate, M G Road, Cochin. Coimbatore: 727, Avinashi Road, Skanda square, Coimbatore, Tamilnadu - 641018. Hyderabad: Pavani Jewel Tower, Ground Floor, Somajiguda, Hyderabad - 500089. Indore: 580, M.G.Road, Indore, 452001. Jaipur: 57, Krishna Tower, Sardar Patel Marg, C-Scheme, Jaipur - 302001. Kanpur: 17/03, The Mall, Meghdoot Hotel Building, Kanpur, UP - 208001. Kolkatta: LCC Kolkatta, Apeejay House, 15, Parkstreet, Kolkatta - 700016. Lucknow: 3GF, Speed Building, Shahanazaf Road, Lucknow - 226001. Ludhiana: SCO 120, Ground Floor, Feroze Gandhi Market, Ludhiana - 141001. Mumbai: 5 C/ II, Mittal Court, 224, Nariman Point, Mumbai. New Delhi: Ground Floor, Ambadeep, 14, K.G. Marg, New Delhi. Patna: Shop No 3, 4, 5, Ahmad Husain Complex, Exhibition Road, Gandhi Maidan, Patna - 800001. Pune: Bakre Avenue, FP NO 226/3, Bhandarkar Road, Pune - 411004. Rajkot: Nath Complex, Ground Floor, Near Race Course, Dr. Yagnik Road, Rajkot - 360007. Surat: K.G. Point, Ghod Dod Road, Near Ganga Palace, Surat -395007. Raipur: Civil Lines, Opp Raj Bhavan, Raipur, Chattisgarh-492002. Bhopal: 214, Bhagwan Complex, Zone 1, M P Nagar, Bhopal, MadhyaPradesh - 462016. Trichy / Tiruchirapalli: B-17, Aishwaryam Building, Sasthiri Road, Thillai Nagar, Trichy, Tamilnadu - 620 017. Madurai: 1-A, West Perumal Maistry Street, Madurai - 625001, Tamilnadu. Udaipur: Trimurti Heights, 8-C, Bank Street, Madhuban, Udaipur - 313 001. Bhubaneshwar: 184, Ground Floor , Janpath , Bhubaneswar-751001, Oriss. Nashik: Shop No. 1 “Payas”, Opp. B.Y.K. College, Thatte Nagar Road, Nashik, Maharashtra - 422005. Jamshedpur: Gayatri Enclave, K- Road, S-Town, Bistupur, Jamshedpur 831001.
Reliance Index Fund – Sensex Plan (An Open Ended Index Linked Scheme): The primary investment objective of the scheme is to replicate the composition of the Sensex, with a view to generate returns that are commensurate with the performance of the Sensex, subject to tracking errors. Asset Allocation Pattern: Equities and equity related securities covered by Sensex – 95% to 100% Cash/CBLO/Repo & Reverse Repo & Money Market instruments (CPs,CDs, Tbills, Mibor linked instruments with daily Put/Call options & overnight Interest rate Reset Linked Instruments)but excluding Subscription and Redemption Cash Flow# – 0% to 5%. #Subscription Cash Flow is the subscription money in transit before deployment and Redemption Cash Flow is the money kept aside for meeting redemptions.
Load Structure: (for investments made during NFO and Ongoing offer period) Entry Load - Nil. Exit Load - 1% of the applicable NAV if redeemed or switched out on or before completion of 1 year from the date of allotment of units, Nil thereafter.
Terms of issue and mode of sale and redemption of units: The units of the Scheme are available at Rs. 10/- per unit during NFO & thereafter at applicable NAV based prices. The Scheme will offer for Subscription/ Switch-in and Redemption / Switch-out of Units on every Business Day on an ongoing basis, within five business days of allotment. The redemption or repurchase proceeds shall be dispatched to the unitholders within 10 Business Days from the date of redemption or repurchase.
Investor benefits and general services offered: The Scheme offers Systematic Investment Plan, Auto Switch facility, Online Transactions and Reliance Any Time Money Card during the NFO period. The NAV of Scheme shall be published on a daily basis by the Mutual Fund at least in two daily newspapers and will also uploaded on the AMFI site www.amfiindia.com and Reliance Mutual Fund site i.e. www.reliancemutual.com.
Statutory and Risk Factors :Statutory Details: Reliance Mutual Fund has been constituted as a trust in accordance with the provisions of the Indian Trusts Act, 1882. Sponsor: Reliance Capital Limited. Trustee: Reliance Capital Trustee Company Limited. Investment Manager: Reliance Capital Asset Management Limited (Registered Office of Trustee & Investment Manager: “Reliance House” Nr. Mardia Plaza, Off. C.G. Road, Ahmedabad 380 006). The Sponsor, the Trustee and the Investment Manager are incorporated under the Companies Act 1956. The Sponsor is not responsible or liable for any loss resulting from the operation of the Scheme beyond their initial contribution of ` 1 lakh towards the setting up of the Mutual Fund and such other accretions and additions to the corpus.
Risk Factors: Mutual Funds and securities investments are subject to market risks and there is no assurance or guarantee that the objectives of the Scheme will be achieved. All investments in mutual funds and securities are subject to market risks, the NAV of the Units issued under the Scheme can go up or down depending on the factors and forces affecting the capital markets. Reliance Index Fund Sensex Plan is only the name of the Scheme and does not in any manner indicate either the quality of the Scheme, its future prospects or returns. Past performance of the Sponsor/AMC/Mutual Fund is not indicative of the future performance of the Scheme. The NAV of the Scheme may be affected, interalia, by changes in the market conditions, interest rates, trading volumes, settlement periods and transfer procedures. For details of scheme features and for Scheme specific risk factors, please refer to the Scheme Information Document which is available at all the DISC / Distributors / www.reliancemutual.com. Please read the Scheme Information Document and Statement of Additional Information carefully before investing.