Reliance Low Duration Fund: Your Personal Money Manager

*If you are somewhere close to the TATA’s, Birla’s or the Ambani’s in terms of bank balance, you can skip reading this article. This article is written by keeping in mind the common audience.

Business conglomerates have a team of highly qualified professionals that manage their money by investing in different sectors, be it mutual fund market or any any other sector of economy. But, a normal citizen of India cannot afford such a team, and let’s not forget about the fees charged by such professionals. Every year several aspiring investors give up on their dreams to utilize the market opportunities to gain wealth. Some fears about the hefty charges of the money managers while the others restrict themselves due to the risk associated with the market.

But your wait to enter the mutual fund space is now ended by Reliance. Reliance Low Duration Fund, earlier known as Reliance Money Manager Fund- Regular Plan (G), being a debt scheme aims to manage your risk and is ready to become your personal money manager. Curious to know how? Give this article a read to know more.

How Reliance Low Duration Fund Can Manage Your Money Effectively?

The fund managers of this debt scheme aims to generate stable returns along with minimizing the risk by investing the money of the common investors into the debt instruments and money market instruments. The instruments targeted are such that provide consistent returns. This fund is a perfect match for the investors who have a low-risk appetite but at the same time want to see their money grow.

Wondering, "How Reliance Low Duration Fund achieves such remarkable performance?". Keep scrolling to know more.

Unique Style of Managing Assets- This fund diversify the total assets (Rs. 6,838 Crore, as on 28th February, 2019) in the debt securities having high credit quality, and the cash equivalents. In this way, it focuses on providing the facility of liquidity along with consistent returns.

Reliance Low Duration Fund: Portfolio Diversification

The average maturity (in years) of the instruments is 0.77 years. The fund managers invests a larger portion of the assets in the AAA rated credit quality instruments to assure stable capital appreciation. The low duration fund of Reliance also allocates a considerable portion of accumulated assets in the A1+ and AA rated securities. Moreover, some portion is also invested in the cash equivalents and the SOV (Share of Voice).

Reliance Low Duration Fund: Remarkable Performance History

Launched on 20th March, 2007, the fund has managed to provide risk adjusted returns and the graph is still rising. This debt scheme is suitable for both short term and long term investment prospective investors.

Now, let’s have a glance at the past performance of Reliance Low Duration Fund.

3-Year Annualized Returns- Though 3 year is a short time period for any debt scheme to provide profitable returns but in this short span of time also, the fund has provided excellent returns. The 3-year annualized returns of this debt scheme was 7.63% while that of it’s benchmark and category’s average were 4.26% and 7.55%, respectively.

5-Year Annualized Returns- The annualized returns of the scheme was 8.00% while that of it’s benchmark was 4.75%.

7-Year Annualized Returns- On one hand, the Reliance Low Duration Fund provided 8.43% returns and on the other hand, the yearly returns of it’s benchmark and category’s average were 5.01% and 8.33%, respectively.

10-Year Annualized Returns- The low duration debt scheme has provided 8.01% returns and have surpassed the benchmark and category’s average by a huge difference.

The annualized returns of this debt scheme are clear indication of growth and performance that this scheme promises to deliver to the investors.Thus, without giving a single thought you should plough your cash in Reliance Low Duration Fund.

Investors are always searching for a mutual fund that can help them in managing their money well. This article brings to you a personal money manager, i.e., Reliance Low Duration Fund to create wealth in the long term.

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.