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Reliance Growth Fund Dividend: A benchmark for mutual fund schemes
Posted: Dec 27, 2016
For everyone who earns, the most important catch is to make the best use out of their hard earned money. Currently, there are innumerable strategies that are prevalent in the market. Choosing what suits better based on the requirements of every individual is crucial.
Reliance mutual funds launched one of its best schemes on September 8th, 1995 - Reliance growth fund dividend that aims at long-term capital growth through research based investment approach. The Reliance growth fund allows reliable high yields. Under this scheme, the funds will be invested in equity and equity related instruments, and there will be an exposure to debt and money market instruments also.
Reliance growth fund dividend plan aims for long-term capital appreciation and wealth generation. The factors that dart right into the objectives of Reliance growth fund are:
Reliance growth fund dividend scheme has been providing high-yielding returns as against its benchmark which shows its proficiency. The statistics based on past records of Reliance mutual fund dividend scheme are:
As on September_2016, the Reliance growth fund dividend scheme owns an asset size of Rs. 5414.23 crore. Most of the assets under the scheme are allocated into equities and related securities. A major portion of the invested monies in this plan are allocated to banking/finance, engineering, chemical and pharmaceutical industries. The top holdings of Reliance mutual funds are UPL Ltd, Axis Bank Ltd, Aditya Birla Nuvo Ltd, HCL Technologies Ltd, Muthoot Finance Ltd. As there is a balance in different sectors, the strategy allows designing the portfolio in the most effective manner. This methodology mitigates market risk and offers high-yielding returns.
Based on its past performance, Reliance mutual funds have efficiently managed to fulfill its aim of providing high-yielding capital and generating wealth. As compared to other strategies, this scheme suits the benchmark thus living up to the needs of the investors.
One must also take a rational view into the Reliance growth fund dividend NAV before making any investments. A more analytical look into the data can fetch millions of answers to the investor’s queries thus leading to a more rational decision for investment purpose.
Dishika is well-versed with the ups and downs of the financial market and has published articles on mutual fund and SIP. She is associated with MySIPonline.com, which is an AMFI registered mutual fund company.