Reliance Mutual Fund (RMF)

corpo step trust sh ard computer memory (RMF)INTRODUCTION OF RELIANCE MUTUAL FUNDOver deal faith interchangeable line of descent (RMF) is star of Indias prima(p) unwashed blood lines, with Average Assets Under caution (AAUM) of Rs. 1,22,252 CRORES and an investor base of oer 72.40 Lacs. (AAUM and investor count as of November 2009)For its 7.3 million investors, RMF put ups a easily-rounded portfolio of products that disc oer varying requirements. They are served from offices crossways 226 locations in India, offices in Dubai, Singapore, Mauritius and UK confidence rough-cut Fund, a part of the conviction Anil Dhirubhai Ambani Group, is one of the sudden growing reciprocal cash in the country. RMF offers investors a well-rounded portfolio of products to meet varying investor requirements and has presence in 118 cities across the country. reliance vulgar Fund constantly efforts to launch modernistic products and client service initiatives to increase value to i nvestors. assurance Mutual Fund preciss are managed by trustingness working nifty Asset Management curb., a subordinate word comp each of cartel cracking particular(a), which holds 93.37% of the paid-up roof of RCAM, the balance paid up great(p) being held by minority shareholders. assent Capital Ltd. is one of Indias spark advance and fastest growing sequestered area financial services companies, and ranks among the top 3 private sector financial services and banking companies, in scathe of gelt expense. doctrine Capital Ltd. has cares in asset management, life and general insurance, private equity and proprietary enthronements, origination broking and variant financial services. support belief Capital exceptionalregent reliance Capital Trustee Co. Limited invest Manager or Asset Manager opinion Capital Asset Management LimitedStatutory Details The Sponsor, the Trustee and the enthronization property Manager are in corpo enjoind chthonic the Compani es Act 1956. confidence Mutual Fund (RMF) has been established as a trust beneath the Indian Trusts Act, 1882 with Reliance Capital Limited (RCL), as the Settlor/Sponsor and Reliance Capital Trustee Co. Limited (RCTCL), as the Trustee.RMF has been registered with the Securities deepen mount of India (SEBI) vide registration number MF/022/95/1 dated June 30, 1995. The name of Reliance Capital Mutual Fund has been changed to Reliance Mutual Fund utile 11th. March 2004 vide SEBIs letter no. IMD/PSP/4958/2004 date 11th. March 2004.Reliance Mutual Fund was dramatis personaeed to launch various shunnings under which units are issued to the frequent with a view to contri hardlye to the chapiterital commercialise and to post investors the opportunities to start out investiture fundss in alter securitiesThe main targets of the Trust areTo carry on the drill of a Mutual Fund as whitethorn be permitted at law and formulate and devise various collective plots of savings and enthronizations for people in India and foreign and besides ensure liquidity of investments for the Unit holdersTo deploy Funds thus raised so as to help the Unit holders earn presumable returns on their savings andTo take such steps as whitethorn be necessary from clip to cartridge holder to realize the effects without any limitation. jeopardy Factors Mutual Funds and securities investments are subject to securities industry risks and on that point is no assurance or guarantee that the objectives of the Scheme will be achieved. As with any investment in securities, the NAV of the Units issued under the Scheme coffin nail go up or down depending on the factors and forces affecting the capital markets. Past instruction execution of the Sponsor/AMC/Mutual Fund is non indicative of the future murder of the Scheme. The Sponsor is not responsible or liable for any loss resulting from the operation of the Scheme beyond their initial contribution of Rs.1 lakh towards the setti ng up of the Mutual Fund and such other accretions and additions to the corpus. The NAV of the Scheme may be affected, interalia, by changes in the market conditions, arouse pass judgment, transaction volumes, settlement periods and transfer procedures. The Mutual Fund is not assuring that it will make periodical dividend distributions, though it has every figure of doing so. tout ensemble dividend distributions are subject to the availability of distributable surplus in the Scheme.Vision submitmentTo be a globally respected wealth creator with an fierceness on customer care and a culture of good corporate governanceMission uttermentTo create and nurture a world-class, high performance environment aimed at delighting our customersCorporate GovernanceCorporate Governance PolicyReliance Capital Asset Management Ltd. has a vision of being a leading player in the Mutual Fund business and has achieved signifi coffin nailt success and visibility in the market.However, an imperati ve part of festering and visibility is alliance to ethical Conduct in the marketplace. At Reliance Capital Asset Management Ltd., the implementation and observance of ethical processes and policies has helped us in standing up to the exam of our domestic and international investors.ManagementThe management at Reliance Capital Asset Management Ltd. is committed to good Corporate Governance, which includes transparency and by the way ventilation of information to its investors and unit holders. The Board of Directors of RCAM is a professional body, including well-experienced and knowledgeable Independent Members. Regular Audit Committee meetings are conducted to review the operations and performance of the company.EmployeesReliance Capital Asset Management Ltd. has at present, a code of conduct for all its officers. It has a clearly de exquisited prohibition on insider trading indemnity and regulations. The management believes in the principles of propriety and utmost care is ta ken while handling public money, making proper and adequate disclosures.All force at Reliance Capital Asset Management Ltd are make aware of their rights, obligations and duties as part of the Dealing Policy laid down in terms of SEBI guide personal note of credits. They are taken through a well-designed HR program, conducted to impart work ethics, the Code of Conduct, information security, Internet and e-mail usage and a server of other issues.One of the core objectives of Reliance Capital Asset Management Ltd. is to identify issues considered sensitive by global corporate standards, and implement policies/guidelines in concurrence with the lift out practices as an ongoing process.Reliance Mutual Fund Schemes blondness/Growth SchemesThe aim of offset funds is to tender capital taste sensation over the ordinary to long- term. Such schemes commonly invest a major part of their corpus in equities. Such funds thrust comparatively high risks. These schemes provide different o ptions to the investors want dividend option, capital appreciation, etc. and the investors may choose an option depending on their preferences. The investors must indicate the option in the application form. The vulgar funds also allow the investors to change the options at a later date. Growth schemes are good for investors having a long-run outlook looking appreciation over a period of time.Debt/Income SchemesThe aim of income funds is to provide uninterrupted and steady income to investors. Such schemes generally invest in restore income securities such as bonds, corporate debentures, administration securities and money market instruments. Such funds are less risky compared to equity schemes. These funds are not affected because of fluctuations in equity markets. However, opportunities of capital appreciation are also limited in such funds. The NAVs of such funds are affected because of change in entertain rates in the country. If the interest rates fall, NAVs of such fun ds are likely to increase in the short run and vice versa. However, long term investors may not bother about these fluctuations.Sector Specific SchemesThese are the funds/schemes which invest in the securities of only those sectors or industries as specified in the offer documents. e.g. Pharmaceuticals, Software, abstain Moving Consumer Goods (FMCG), Petroleum jobs, etc. The returns in these funds are dependent on the performance of the respective sectors/industries. While these funds may tip over higher(prenominal) returns, they are more than risky compared to diversify funds. Investors need to keep a watch on the performance of those sectors/industries and must exit at an subdue time. They may also judge advice of an expert.Exchange Traded Funds (ETFs)Exchange Traded Funds (ETFs) are usually passively managed mutual fund schemes tracking a benchmark indicant and reflect the performance of that index. These schemes are listed on the stock exchange and therefore have the fle xibility of trading like a share on the stock exchange. It can also be looked as a security that tracks an index, a commodity or a basket of assets like an index fund, but trades like a stock on an exchange, thus experiencing price changes throughout the day as it is bought and sold. touch on Maturity excogitates (FMPs) opinionated Maturity Plans (FMPs) are basically debt orient investment schemes with a pre-specified tenure offered by mutual funds. FMPs invest in a portfolio of debt instruments whose maturity coincides with the maturity of the concerned FMP. The simple objective of a FMP is to consecrate income while aiming to protect the capital by investing in a portfolio of debt and money market securities. Since FMPs are available with several maturity options, one can invest in the relevant image depending upon his investment horizon and the requirement of cash flows. separation Fund / frozen(p) Maturity PlanReliance Interval Fund (A Debt Oriented Interval Scheme)The i nvestment objective of the scheme is to seek to generate weak returns and exploitation of capital by investing in a diversified portfolio of Central and State regimen securities and other immovable income/ debt securities normally maturing in line with the time profile of the plan with the objective of change interest rate volatility.Reliance Fixed sight Fund Plan C (A close-ended scheme)The elementary investment objective of the scheme is to seek to generate regular returns and growth of capital by investing in a diversified portfolio of Central and State politics securities and other fixed income/ debt securities normally maturing in line with the time profile of the scheme with the objective of limiting interest rate volatility.Reliance Fixed panorama Fund (A close-ended income scheme)The primary investment objective of the scheme is to seek to generate regular returns and growth of capital by investing in a diversified portfolio of Central and State Government securiti es and other fixed income/ debt securities normally maturing in line with the time profile of the scheme with the objective of limiting interest rate volatility.Reliance Fixed Horizon Fund (A closed-ended income scheme)The primary investment objective of the scheme is to seek to generate regular returns and growth of capital by investing in a diversified portfolio of Central and State Government securities and other fixed income/ debt securities normally maturing in line with the time profile of the plan with the objective of limiting interest rate volatility.Reliance Fixed Horizon Fund (A closed-ended income scheme)The primary investment objective of the scheme is to seek to generate regular returns and growth of capital by investing in a diversified portfolio of Central and State Government securities and other fixed income/ debt securities normally maturing in line with the time profile of the plan with the objective of limiting interest rate volatility.Reliance Fixed Horizon Fu nd (A closed-ended income scheme)The primary investment objective of the scheme is to seek to generate regular returns and growth of capital by investing in a diversified portfolio of Central and State Government securities and other fixed income/ debt securities normally maturing in line with the time profile of the plan with the objective of limiting interest rate volatility.Reliance Fixed Horizon Fund (A closed-ended income scheme)The primary investment objective of the scheme is to seek to generate regular returns and growth of capital by investing in a diversified portfolio of Central and State Government securities and other fixed income/ debt securities normally maturing in line with the time profile of the plan with the objective of limiting interest rate volatility.Reliance Fixed Horizon Fund (A closed-ended income scheme)The primary investment objective of the scheme is to seek to generate regular returns and growth of capital by investing in a diversified portfolio of Central and State Government securities and other fixed income/ debt securities normally maturing in line with the time profile of the plan with the objective of limiting interest rate volatility.Reliance Fixed Horizon Fund (A closed-ended income scheme)The primary investment objective of the scheme is to seek to generate regular returns and growth of capital by investing in a diversified portfolio of Central and State Government securities and other fixed income/ debt securities normally maturing in line with the time profile of the plan with the objective of limiting interest rate volatility.Reliance Fixed Horizon Fund (A closed-ended income scheme)The primary investment objective of the scheme is to seek to generate regular returns and growth of capital by investing in a diversified portfolio of Central and State Government securities and other fixed income/ debt securities normally maturing in line with the time profile of the plan with the objective of limiting interest rate volatility.Portfolio management servicesOverviewReliance Portfolio Management Services is an exclusive offering from the portfolio management division of Reliance Capital Asset Management Ltd., a wholly owned subsidiary of Reliance Capital Ltd., Reliance Capital Asset Management Ltd. is also the investment manager for Reliance Mutual Fund schemes wherein it manages assets worth over Rs. 42,200 crores (as on Feb 28, 2007)Reliance Portfolio Management Services is a premium financial service, offering innovative exclusive products through discretionary informative services. Our expertness has earned the trust of thousands of high net-worth individual/ institutional investors and created a family that is constantly growing. Reliance Portfolio Management Services can conduct your investments with true fraud join with passion and innovation.Reliance Portfolio Management Services is a part of Reliance Capital Asset Management Ltd., a wholly owned subsidiary of Reliance Capital Ltd.Re liance Capital Ltd. is one of Indias leading and fastest growing private sector financial services companies, and ranks among the top 3 private sector financial services and banking companies, in terms of net worth.Reliance Capital Ltd. has interests in asset management, life and general insurance, private equity and proprietary investments, stock broking and other financial servicesOrganizational philosophyWhen it comes to managing investments what one needs is the fine harmony and the scale of an orchestra. Essentially, this translates to a peculiar(prenominal) kind of scientific discipline that understands the finer nuances and appreciates the subtle notes. Only then can the instrumentation represent a consistently enhanced performance.Now, you can drop dead that kind of superior instrumentality for your investment portfolio. Introducing Reliance Portfolio Management Services (Reliance PMS), a premium financial offering for select investors.An exclusive service, where a dili gent team of talented professionals with various(a) science sets orchestrate your investments to deliver optimum returns. And a consistently laudable performance.Investmant philosophyA rich canvas of melodies..At Reliance PMS you can wait a multitude of innovative investment options to serve varying investment objectives.The spectrum of asset classes traverses from the traditionalistic asset classes, such as equities, fixed income or gold, to rising ones, such as structured products or realty.Their AimTo traverse the journey of your wealth creation with you by leveraging these asset options.They constantly endeavor to deliver competitive returns through a conservative and a diligent fund management framework, that is supported by rigorous analysis and a proved investment methodologyThe keynotes to perfection Minimizing Risks, Optimizing GainsAll great scores being with a plan. To make beautiful music and surpass all expectations. Their strategy is quite a similar.An change ma gnitude investor base is a reflection of the trust that investors repose in us, which we respect. Hence the safety of our investors assets is of utmost priority and this is the butt of our investment philosophy.At Reliance PMS, they view every portfolio with the diligence of a musician composing a new score. Fine-tuning. Enhancing. Improving. Constantly working towards superior orchestration of your portfolio. Naturally, this is only possible if the foundation is sound. inviolate investments, pure harmonies what we believe inStrong melodies call for a fine conductor. Reliance Portfolio Management Services can conduct your investments with utmost perfection. Our investment beliefs form the core of what we do.Our foundation is based on five key elements Canvas, Concentration, Cash and Flexibility, Customisation and Customer Service.And it is with this rock solid base that we plan a fine crescendo for your investmentsReliance PMS wages youAs a Reliance PMS customer, we get a lot mo re than just superior portfolio management. We get the advantage of a solid and reputable track record coveringed by the expertise of a sound and stable investment team.Their philosophy lays broad vehemence on an intensive research based, bottom-up, stock picking approach with a bias towards customizing the product offerings for our investors and business associates.They strongly believe that our investments should be universal plenteous to succeed in any market situation. Which is why our investment philosophy revolves around a solid bottom-up approach.So its true, when you invest with Reliance PMS, its sealed that you will have all your investments in perfect sync.The composers score fund management ProcessAll great scores begin with a plan. To make beautiful music and surpass all expectations. Their process is quite similar.All potential investment opportunities are subjected to extensive research, which includes analysis of various large and small economic indicators, r elated to specific sector company and or industry.This coupled with company visits and extensive interaction facilitates a data pool, which becomes the foundation of the process.following are various services or investment schemes offered by Reliance Portfolio Management1). Absolute freedom optionThis investment option is a super limber one with a very direct focus. To make the most of investment openings across a wide gamut of large cap, mid cap and bantam cap stocks.The aim of this product is to deliver positive absolute returns. It plans to do this by focusing on research based value investing to subvention potentially investment-worthy companies. enthronization condemnation Horizon 3 years moreMinimum Investment list house physician Indian INR 1 CroreNon Resident Indian INR 2 Crores2). Large cap optionThis portfolio model endeavors to generate capital appreciation by investing in companies drawn primarily from the Top 250 companies. These companies are graded on the bas is of market capitalization.The focus over here is on companies with a proven track record and a favorable medium to long-term outlook.Investment Time Horizon 3 years moreMinimum Investment Amount Resident Indian INR 1 CroreNon Resident Indian INR 2 Crores3). Small Mid cap optionCapital appreciation through bottom up stock picking is of priority here with a special emphasis on the small and mid-cap space. Incisive and keen research is the backbone of this product.A dedicated research team will initiate portfolio construct by discovering businesses that are relatively new and less tracked.Investment Time Horizon 3 years moreMinimum Investment Amount Resident Indian INR 1 CroreNon Resident Indian INR 2 Crores4). Concentrated optionThe investment objective of concentrated option is to achieve long term capital appreciation from equity and equity related investments.This investment option endeavors to invest disproportionate corpus in large and mid cap high growth companies that wo uld be able to compound wealth over medium to long term.Investment Time Horizon 3 years moreMinimum Investment AmountResident IndianResident Indian INR 1 CroreTranche 1 INR 50 LacsTranche 2 INR 25 Lacs*Tranche 3 INR 25 Lacs*Non Resident Indian INR 1 Crores5). emergent sector opportunity option The Trinity election which is a part of Emerging Sector Opportunity excerpt shall invest in a cabal of sectors in order to cater to specific investor requirements and market conditions. The Trinity Series will look at investment opportunities in Natural Resources, foot Capital Goods and Financial Services.The Trinity Series offer the investors an opportunity to be part of the emerging sectors which would be the engines of growth and key drivers of the Indian economyInvestment Time Horizon 3 years moreMinimum Investment Amount Resident Indian INR 1 CroreNon Resident Indian INR 1 CroresFixed income schemes under portfolio management servicesAll Season Debt ShieldAggressive Returns Option A highly flexible investment option, which offers a diversified investment portfolio across ratings and the yield curve.Fixed Maturity OptionA relatively protective investment option with investments predominantly locked for the duration of the scheme. In certain scenarios, there efficiency be partial redemption allowed, without a significant impact on the portfolio returns.Liquidity OptionThe underlying tone of this investment option is to essentially provide the investors with superior returns as compared to traditional open-ended money market schemes.Blended Debt PlusBest of Funds OptionUnder this option, investments shall be made in units of different mutual funds. This option is designed to achieve even greater diversification than traditional mutual funds.Structured products solutionStructured Products are Investment instruments that combine at least one derivative with assets such as equity and fixed income securities. Such products are fast emerging as an twitch asset clas s among HNI/ Institutional investors providing opportunities that cause potential upsides of the equity universe with capital protection.Customized solutionsAt Reliance PMS believe in delivering more than what the customer expects, customized solutions are just a step towards it.Customized solutions are investments specially created to meet needs that cannot be met from the standardized financial instruments available in the market.Customized solutions capture the characteristics of traditional and nontraditional investments with financial instruments. The strategic combination of these components provides control and flexibility to address those investors whose investment objective is not met through traditional investments available.AMC (Asset Management participation) of Reliance Mutual fundA company that invests its clients pooled fundinto securities that match its declared financial objectives. Asset management companies provide investors with more diversification and investi ng options than they would have by themselves.Mutual funds, hedge funds andpension plans are all run by asset management companies. These companies earn income by charging service fees to their clients.AMCs offer their clients more diversificationbecause they have a larger pool of resources than the individual investor.Pooling assets together and paying out proportional returns allows investors to avoid minimum investment requirements often required when purchasing securities on their own,as well as the ability toinvest in a larger set of securities with a smaller investmentAMC has to discharge mainly three functions as under fetching investment decisions and making investments of the funds through market dealer/brokers in the secondary market securities or directly in the primary capital market or money market instrumentsRealize fund position by taking account of all receivables and realizations, moving corporate actions involving declaration of dividends,etc to bear investors for their investments in units andMaintaining proper accounting and information for pricing the units and arriving at net asset value (NAV), the information about the listed schemes and the transactions of units in the secondary market. AMC has to regimen back the trustees about its fund management operations and has to maintain a perfect information system.Structure of AMCRCAM has been appointed as the Asset Management Company of Reliance Mutual Fund by The Trustee vide Investment Management Agreement (IMA) dated May 12, 1995 and executed between Reliance Capital Trustee Co. Limited and Reliance Capital Asset Management Ltd. and amended on August 12, 1997 in line with SEBI (Mutual Funds) Regulations, 1996).Reliance Capital Asset Management Ltd.(RCAM) is an unlisted human race Limited Company incorporated under the Companies Act, 1956 on February 24, 1995, having its registered office at Reliance House, Near. Mardia Plaza, Off. C.G. Road, Ahmedabad, 380 006 and its Corporate Office a t One Indiabulls Centre, Tower 1, Jupiter mill around complex , 841, Senapati Bapat Marg, Elphinstone Road, Mumbai 400 013.Directors of the company include Amitabh Jhunjhunwala, a senior executive of ADAG.Amitabh Chaturvedi is the managing director of the AMC.As of end August 2006, Reliance mutual fund has Rs 28,753 crore of assets under management. Reliance candor Fund, launched by Reliance MF in early 2006, is the largest mutual find scheme in the country with a fund size of over Rs 5,500 crore.The net worth of the Asset Management Company based on audited accounts as on March 31, 2009 is Rs. 841.32 Crore.Here is a list of mutual funds of Reliance which includes Debt/Income Funds , Equity Funds and Sector Specific Funds.Latest NAVScheme NameNAV (Net Asset Value)DateReliance long suit shape Fund-Retail Plan Growth Plan Bonus Option13.425403-Dec-2009Reliance Medium edge Fund-Retail Plan Growth Plan Growth Option18.798103-Dec-2009Reliance Medium Term Fund-Retail Plan Month ly Dividend Plan10.382703-Dec-2009Reliance Medium Term Fund-Retail Plan Quarterly Dividend Plan10.801603-Dec-2009Reliance NRI Income Fund-Dividend Plan-Dividend Option11.874103-Dec-2009Reliance NRI Income Fund-Growth Plan-Growth Option11.874103-Dec-2009Reliance mulct Term Fund-Dividend Re-investment Plan10.641703-Dec-2009Reliance Short Term Fund-Growth Plan17.140603-Dec-2009Reliance Short Term Fund-Quarterly Dividend Plan13.529903-Dec-2009Reliance Banking Fund-Dividend Plan-Dividend Option31.292603-Dec-2009Reliance Banking Fund-Growth Plan-Bonus Option78.412303-Dec-2009Reliance Banking Fund-Growth Plan-Growth Option78.412303-Dec-2009Reliance Diversified Power Sector Fund-Dividend Plan-Dividend47.664803-Dec-2009Reliance Diversified Power Sector Fund-Growth-Bonus76.648603-Dec-2009Reliance Diversified Power Sector Fund-Growth-Growth76.648603-Dec-2009Reliance Equity Fund-Dividend Plan-Dividend Option15.115103-Dec-2009Reliance Equity Fund-Growth Plan-Bonus Option15.115103-Dec-2009Relia nce Equity Fund-Growth Plan-Growth Option15.115103-Dec-2009Reliance Equity Opportunities Fund-Dividend Plan-Dividend Option19.345603-Dec-2009Reliance Equity Opportunities Fund-Growth Plan-Bonus Option27.386303-Dec-2009Reliance Equity Opportunities Fund-Growth Plan-Growth Option27.386303-Dec-2009Reliance Growth Fund-Dividend Plan-(D)53.317703-Dec-2009Reliance Growth Fund-Growth Plan-Bonus Option68.953503-Dec-2009Reliance Growth Fund-Growth Plan-Growth Option415.673203-Dec-2009Reliance Media enjoyment Fund-Dividend Plan-Dividend Option18.040903-Dec-2009Reliance Media Entertainment Fund-Growth Plan-Bonus Option2Reliance Mutual Fund (RMF)Reliance Mutual Fund (RMF)INTRODUCTION OF RELIANCE MUTUAL FUNDOverviewReliance Mutual Fund (RMF) is one of Indias leading Mutual Funds, with Average Assets Under Management (AAUM) of Rs. 1,22,252 CRORES and an investor base of over 72.40 Lacs. (AAUM and investor count as of November 2009)For its 7.3 million investors, RMF offers a well-rounded portfo lio of products that meet varying requirements. They are served from offices across 226 locations in India, offices in Dubai, Singapore, Mauritius and UKReliance Mutual Fund, a part of the Reliance Anil Dhirubhai Ambani Group, is one of the fastest growing mutual funds in the country. RMF offers investors a well-rounded portfolio of products to meet varying investor requirements and has presence in 118 cities across the country.Reliance Mutual Fund constantly endeavors to launch innovative products and customer service initiatives to increase value to investors. Reliance Mutual Fund schemes are managed by Reliance Capital Asset Management Limited., a subsidiary of Reliance Capital Limited, which holds 93.37% of the paid-up capital of RCAM, the balance paid up capital being held by minority shareholders.Reliance Capital Ltd. is one of Indias leading and fastest growing private sector financial services companies, and ranks among the top 3 private sector financial services and bankin g companies, in terms of net worth. Reliance Capital Ltd. has interests in asset management, life and general insurance, private equity and proprietary investments, stock broking and other financial services.Sponsor Reliance Capital LimitedTrustee Reliance Capital Trustee Co. LimitedInvestment Manager or Asset Manager Reliance Capital Asset Management LimitedStatutory Details The Sponsor, the Trustee and the Investment Manager are incorporated under the Companies Act 1956.Reliance Mutual Fund (RMF) has been established as a trust under the Indian Trusts Act, 1882 with Reliance Capital Limited (RCL), as the Settlor/Sponsor and Reliance Capital Trustee Co. Limited (RCTCL), as the Trustee.RMF has been registered with the Securities Exchange Board of India (SEBI) vide registration number MF/022/95/1 dated June 30, 1995. The name of Reliance Capital Mutual Fund has been changed to Reliance Mutual Fund effective 11th. March 2004 vide SEBIs letter no. IMD/PSP/4958/2004 date 11th. March 20 04.Reliance Mutual Fund was formed to launch various schemes under which units are issued to the Public with a view to contribute to the capital market and to provide investors the opportunities to make investments in diversified securitiesThe main objectives of the Trust areTo carry on the activity of a Mutual Fund as may be permitted at law and formulate and devise various collective Schemes of savings and investments for people in India and abroad and also ensure liquidity of investments for the Unit holdersTo deploy Funds thus raised so as to help the Unit holders earn reasonable returns on their savings andTo take such steps as may be necessary from time to time to realize the effects without any limitation.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. As with any investment in securities, the NAV of the Units issued under the Scheme can go up or down de pending on the factors and forces affecting the capital markets. Past performance of the Sponsor/AMC/Mutual Fund is not indicative of the future performance of the Scheme. The Sponsor is not responsible or liable for any loss resulting from the operation of the Scheme beyond their initial contribution of Rs.1 lakh towards the setting up of the Mutual Fund and such other accretions and additions to the corpus. The NAV of the Scheme may be affected, interalia, by changes in the market conditions, interest rates, trading volumes, settlement periods and transfer procedures. 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.Vision StatementTo be a globally respected wealth creator with an emphasis on customer care and a culture of good corporate governanceMission StatementTo create and nurture a world-class, high p erformance environment aimed at delighting our customersCorporate GovernanceCorporate Governance PolicyReliance Capital Asset Management Ltd. has a vision of being a leading player in the Mutual Fund business and has achieved significant success and visibility in the market.However, an imperative part of growth and visibility is adherence to Good Conduct in the marketplace. At Reliance Capital Asset Management Ltd., the implementation and observance of ethical processes and policies has helped us in standing up to the scrutiny of our domestic and international investors.ManagementThe management at Reliance Capital Asset Management Ltd. is committed to good Corporate Governance, which includes transparency and timely dissemination of information to its investors and unit holders. The Board of Directors of RCAM is a professional body, including well-experienced and knowledgeable Independent Members. Regular Audit Committee meetings are conducted to review the operations and performanc e of the company.EmployeesReliance Capital Asset Management Ltd. has at present, a code of conduct for all its officers. It has a clearly defined prohibition on insider trading policy and regulations. The management believes in the principles of propriety and utmost care is taken while handling public money, making proper and adequate disclosures.All personnel at Reliance Capital Asset Management Ltd are made aware of their rights, obligations and duties as part of the Dealing Policy laid down in terms of SEBI guidelines. They are taken through a well-designed HR program, conducted to impart work ethics, the Code of Conduct, information security, Internet and e-mail usage and a host of other issues.One of the core objectives of Reliance Capital Asset Management Ltd. is to identify issues considered sensitive by global corporate standards, and implement policies/guidelines in conformity with the best practices as an ongoing process.Reliance Mutual Fund SchemesEquity/Growth SchemesThe aim of growth funds is to provide capital appreciation over the medium to long- term. Such schemes normally invest a major part of their corpus in equities. Such funds have comparatively high risks. These schemes provide different options to the investors like dividend option, capital appreciation, etc. and the investors may choose an option depending on their preferences. The investors must indicate the option in the application form. The mutual funds also allow the investors to change the options at a later date. Growth schemes are good for investors having a long-term outlook seeking appreciation over a period of time.Debt/Income SchemesThe aim of income funds is to provide regular and steady income to investors. Such schemes generally invest in fixed income securities such as bonds, corporate debentures, Government securities and money market instruments. Such funds are less risky compared to equity schemes. These funds are not affected because of fluctuations in equity markets . However, opportunities of capital appreciation are also limited in such funds. The NAVs of such funds are affected because of change in interest rates in the country. If the interest rates fall, NAVs of such funds are likely to increase in the short run and vice versa. However, long term investors may not bother about these fluctuations.Sector Specific SchemesThese are the funds/schemes which invest in the securities of only those sectors or industries as specified in the offer documents. e.g. Pharmaceuticals, Software, Fast Moving Consumer Goods (FMCG), Petroleum stocks, etc. The returns in these funds are dependent on the performance of the respective sectors/industries. While these funds may give higher returns, they are more risky compared to diversified funds. Investors need to keep a watch on the performance of those sectors/industries and must exit at an appropriate time. They may also seek advice of an expert.Exchange Traded Funds (ETFs)Exchange Traded Funds (ETFs) are usu ally passively managed mutual fund schemes tracking a benchmark index and reflect the performance of that index. These schemes are listed on the stock exchange and therefore have the flexibility of trading like a share on the stock exchange. It can also be looked as a security that tracks an index, a commodity or a basket of assets like an index fund, but trades like a stock on an exchange, thus experiencing price changes throughout the day as it is bought and sold.Fixed Maturity Plans (FMPs)Fixed Maturity Plans (FMPs) are basically debt oriented investment schemes with a pre-specified tenure offered by mutual funds. FMPs invest in a portfolio of debt instruments whose maturity coincides with the maturity of the concerned FMP. The primary objective of a FMP is to generate income while aiming to protect the capital by investing in a portfolio of debt and money market securities. Since FMPs are available with several maturity options, one can invest in the relevant plan depending upon his investment horizon and the requirement of cash flows.Interval Fund / Fixed Maturity PlanReliance Interval Fund (A Debt Oriented Interval Scheme)The investment objective of the scheme is to seek to generate regular returns and growth of capital by investing in a diversified portfolio of Central and State Government securities and other fixed income/ debt securities normally maturing in line with the time profile of the plan with the objective of limiting interest rate volatility.Reliance Fixed Horizon Fund Plan C (A close-ended scheme)The primary investment objective of the scheme is to seek to generate regular returns and growth of capital by investing in a diversified portfolio of Central and State Government securities and other fixed income/ debt securities normally maturing in line with the time profile of the scheme with the objective of limiting interest rate volatility.Reliance Fixed Horizon Fund (A close-ended income scheme)The primary investment objective of the schem e is to seek to generate regular returns and growth of capital by investing in a diversified portfolio of Central and State Government securities and other fixed income/ debt securities normally maturing in line with the time profile of the scheme with the objective of limiting interest rate volatility.Reliance Fixed Horizon Fund (A closed-ended income scheme)The primary investment objective of the scheme is to seek to generate regular returns and growth of capital by investing in a diversified portfolio of Central and State Government securities and other fixed income/ debt securities normally maturing in line with the time profile of the plan with the objective of limiting interest rate volatility.Reliance Fixed Horizon Fund (A closed-ended income scheme)The primary investment objective of the scheme is to seek to generate regular returns and growth of capital by investing in a diversified portfolio of Central and State Government securities and other fixed income/ debt securitie s normally maturing in line with the time profile of the plan with the objective of limiting interest rate volatility.Reliance Fixed Horizon Fund (A closed-ended income scheme)The primary investment objective of the scheme is to seek to generate regular returns and growth of capital by investing in a diversified portfolio of Central and State Government securities and other fixed income/ debt securities normally maturing in line with the time profile of the plan with the objective of limiting interest rate volatility.Reliance Fixed Horizon Fund (A closed-ended income scheme)The primary investment objective of the scheme is to seek to generate regular returns and growth of capital by investing in a diversified portfolio of Central and State Government securities and other fixed income/ debt securities normally maturing in line with the time profile of the plan with the objective of limiting interest rate volatility.Reliance Fixed Horizon Fund (A closed-ended income scheme)The prim ary investment objective of the scheme is to seek to generate regular returns and growth of capital by investing in a diversified portfolio of Central and State Government securities and other fixed income/ debt securities normally maturing in line with the time profile of the plan with the objective of limiting interest rate volatility.Reliance Fixed Horizon Fund (A closed-ended income scheme)The primary investment objective of the scheme is to seek to generate regular returns and growth of capital by investing in a diversified portfolio of Central and State Government securities and other fixed income/ debt securities normally maturing in line with the time profile of the plan with the objective of limiting interest rate volatility.Reliance Fixed Horizon Fund (A closed-ended income scheme)The primary investment objective of the scheme is to seek to generate regular returns and growth of capital by investing in a diversified portfolio of Central and State Government securities an d other fixed income/ debt securities normally maturing in line with the time profile of the plan with the objective of limiting interest rate volatility.Portfolio management servicesOverviewReliance Portfolio Management Services is an exclusive offering from the portfolio management division of Reliance Capital Asset Management Ltd., a wholly owned subsidiary of Reliance Capital Ltd., Reliance Capital Asset Management Ltd. is also the investment manager for Reliance Mutual Fund schemes wherein it manages assets worth over Rs. 42,200 crores (as on Feb 28, 2007)Reliance Portfolio Management Services is a premium financial service, offering innovative exclusive products through discretionary advisory services. Our expertise has earned the trust of thousands of high net-worth individual/ institutional investors and created a family that is constantly growing. Reliance Portfolio Management Services can conduct your investments with true finesse coupled with passion and innovation.Reli ance Portfolio Management Services is a part of Reliance Capital Asset Management Ltd., a wholly owned subsidiary of Reliance Capital Ltd.Reliance Capital Ltd. is one of Indias leading and fastest growing private sector financial services companies, and ranks among the top 3 private sector financial services and banking companies, in terms of net worth.Reliance Capital Ltd. has interests in asset management, life and general insurance, private equity and proprietary investments, stock broking and other financial servicesOrganizational philosophyWhen it comes to managing investments what one needs is the fine harmony and the scale of an orchestra. Essentially, this translates to a special kind of skill that understands the finer nuances and appreciates the subtle notes. Only then can the instrumentation deliver a consistently enhanced performance.Now, you can get that kind of superior orchestration for your investment portfolio. Introducing Reliance Portfolio Management Services (Rel iance PMS), a premium financial offering for select investors.An exclusive service, where a diligent team of talented professionals with diverse skill sets orchestrate your investments to deliver optimum returns. And a consistently laudable performance.Investmant philosophyA rich canvas of melodies..At Reliance PMS you can expect a multitude of innovative investment options to serve varying investment objectives.The spectrum of asset classes traverses from the traditional asset classes, such as equities, fixed income or gold, to emerging ones, such as structured products or realty.Their AimTo traverse the journey of your wealth creation with you by leveraging these asset options.They constantly endeavor to deliver competitive returns through a conservative and a diligent fund management framework, that is supported by rigorous analysis and a proven investment methodologyThe keynotes to perfection Minimizing Risks, Optimizing GainsAll great scores being with a plan. To make beautiful music and surpass all expectations. Their strategy is quite similar.An increasing investor base is a reflection of the trust that investors repose in us, which we respect. Hence the safety of our investors assets is of utmost priority and this is the foundation of our investment philosophy.At Reliance PMS, they view every portfolio with the diligence of a musician composing a new score. Fine-tuning. Enhancing. Improving. Constantly working towards superior orchestration of your portfolio. Naturally, this is only possible if the foundation is sound.Strong investments, pure harmonies what we believe inStrong melodies call for a fine conductor. Reliance Portfolio Management Services can conduct your investments with utmost perfection. Our investment beliefs form the core of what we do.Our foundation is based on five key elements Canvas, Concentration, Cash and Flexibility, Customisation and Customer Service.And it is with this rock solid base that we plan a fine crescendo for your in vestmentsReliance PMS advantage youAs a Reliance PMS customer, we get a lot more than just superior portfolio management. We get the advantage of a solid and reputable track record backed by the expertise of a sound and stable investment team.Their philosophy lays considerable emphasis on an intensive research based, bottom-up, stock picking approach with a bias towards customizing the product offerings for our investors and business associates.They strongly believe that our investments should be adaptable enough to succeed in any market situation. Which is why our investment philosophy revolves around a solid bottom-up approach.So its true, when you invest with Reliance PMS, its certain that you will have all your investments in perfect sync.The composers score fund management ProcessAll great scores begin with a plan. To make beautiful music and surpass all expectations. Their process is quite similar.All potential investment opportunities are subjected to extensive research, wh ich includes analysis of various macro and micro economic indicators, related to specific sector company and or industry.This coupled with company visits and extensive interaction facilitates a data pool, which becomes the foundation of the process.Following are various services or investment schemes offered by Reliance Portfolio Management1). Absolute freedom optionThis investment option is a highly flexible one with a very direct focus. To make the most of investment openings across a wide gamut of large cap, mid cap and small cap stocks.The aim of this product is to deliver positive absolute returns. It plans to do this by focusing on research based value investing to cover potentially investment-worthy companies.Investment Time Horizon 3 years moreMinimum Investment Amount Resident Indian INR 1 CroreNon Resident Indian INR 2 Crores2). Large cap optionThis portfolio model endeavors to generate capital appreciation by investing in companies drawn primarily from the Top 250 compan ies. These companies are ranked on the basis of market capitalization.The focus over here is on companies with a proven track record and a favorable medium to long-term outlook.Investment Time Horizon 3 years moreMinimum Investment Amount Resident Indian INR 1 CroreNon Resident Indian INR 2 Crores3). Small Mid cap optionCapital appreciation through bottom up stock picking is of priority here with a special emphasis on the small and mid-cap space. Incisive and keen research is the backbone of this product.A dedicated research team will initiate portfolio building by discovering businesses that are relatively new and less tracked.Investment Time Horizon 3 years moreMinimum Investment Amount Resident Indian INR 1 CroreNon Resident Indian INR 2 Crores4). Concentrated optionThe investment objective of concentrated option is to achieve long term capital appreciation from equity and equity related investments.This investment option endeavors to invest disproportionate corpus in large an d mid cap high growth companies that would be able to compound wealth over medium to long term.Investment Time Horizon 3 years moreMinimum Investment AmountResident IndianResident Indian INR 1 CroreTranche 1 INR 50 LacsTranche 2 INR 25 Lacs*Tranche 3 INR 25 Lacs*Non Resident Indian INR 1 Crores5). Emerging sector opportunity option The Trinity Option which is a part of Emerging Sector Opportunity Option shall invest in a combination of sectors in order to cater to specific investor requirements and market conditions. The Trinity Series will look at investment opportunities in Natural Resources, Infrastructure Capital Goods and Financial Services.The Trinity Series offer the investors an opportunity to be part of the emerging sectors which would be the engines of growth and key drivers of the Indian economyInvestment Time Horizon 3 years moreMinimum Investment Amount Resident Indian INR 1 CroreNon Resident Indian INR 1 CroresFixed income schemes under portfolio management services All Season Debt ShieldAggressive Returns OptionA highly flexible investment option, which offers a diversified investment portfolio across ratings and the yield curve.Fixed Maturity OptionA relatively protective investment option with investments predominantly locked for the duration of the scheme. In certain scenarios, there might be partial redemption allowed, without a significant impact on the portfolio returns.Liquidity OptionThe underlying tone of this investment option is to essentially provide the investors with superior returns as compared to traditional open-ended money market schemes.Blended Debt PlusBest of Funds OptionUnder this option, investments shall be made in units of different mutual funds. This option is designed to achieve even greater diversification than traditional mutual funds.Structured products solutionStructured Products are Investment instruments that combine at least one derivative with assets such as equity and fixed income securities. Such products a re fast emerging as an alternate asset class among HNI/ Institutional investors providing opportunities that capture potential upsides of the equity universe with capital protection.Customized solutionsAt Reliance PMS believe in delivering more than what the customer expects, customized solutions are just a step towards it.Customized solutions are investments specially created to meet needs that cannot be met from the standardized financial instruments available in the market.Customized solutions capture the characteristics of traditional and nontraditional investments with financial instruments. The strategic combination of these components provides control and flexibility to address those investors whose investment objective is not met through traditional investments available.AMC (Asset Management Company) of Reliance Mutual fundA company that invests its clients pooled fundinto securities that match its declared financial objectives. Asset management companies provide investors with more diversification and investing options than they would have by themselves.Mutual funds, hedge funds andpension plans are all run by asset management companies. These companies earn income by charging service fees to their clients.AMCs offer their clients more diversificationbecause they have a larger pool of resources than the individual investor.Pooling assets together and paying out proportional returns allows investors to avoid minimum investment requirements often required when purchasing securities on their own,as well as the ability toinvest in a larger set of securities with a smaller investmentAMC has to discharge mainly three functions as underTaking investment decisions and making investments of the funds through market dealer/brokers in the secondary market securities or directly in the primary capital market or money market instrumentsRealize fund position by taking account of all receivables and realizations, moving corporate actions involving declaration of di vidends,etc to compensate investors for their investments in units andMaintaining proper accounting and information for pricing the units and arriving at net asset value (NAV), the information about the listed schemes and the transactions of units in the secondary market. AMC has to feed back the trustees about its fund management operations and has to maintain a perfect information system.Structure of AMCRCAM has been appointed as the Asset Management Company of Reliance Mutual Fund by The Trustee vide Investment Management Agreement (IMA) dated May 12, 1995 and executed between Reliance Capital Trustee Co. Limited and Reliance Capital Asset Management Ltd. and amended on August 12, 1997 in line with SEBI (Mutual Funds) Regulations, 1996).Reliance Capital Asset Management Ltd.(RCAM) is an unlisted Public Limited Company incorporated under the Companies Act, 1956 on February 24, 1995, having its registered office at Reliance House, Near. Mardia Plaza, Off. C.G. Road, Ahmedabad, 380 006 and its Corporate Office at One Indiabulls Centre, Tower 1, Jupiter Mills Compound , 841, Senapati Bapat Marg, Elphinstone Road, Mumbai 400 013.Directors of the company include Amitabh Jhunjhunwala, a senior executive of ADAG.Amitabh Chaturvedi is the managing director of the AMC.As of end August 2006, Reliance mutual fund has Rs 28,753 crore of assets under management. Reliance Equity Fund, launched by Reliance MF in early 2006, is the largest mutual find scheme in the country with a fund size of over Rs 5,500 crore.The net worth of the Asset Management Company based on audited accounts as on March 31, 2009 is Rs. 841.32 Crore.Here is a list of mutual funds of Reliance which includes Debt/Income Funds , Equity Funds and Sector Specific Funds.Latest NAVScheme NameNAV (Net Asset Value)DateReliance Medium Term Fund-Retail Plan Growth Plan Bonus Option13.425403-Dec-2009Reliance Medium Term Fund-Retail Plan Growth Plan Growth Option18.798103-Dec-2009Reliance Medium Term Fund-Reta il Plan Monthly Dividend Plan10.382703-Dec-2009Reliance Medium Term Fund-Retail Plan Quarterly Dividend Plan10.801603-Dec-2009Reliance NRI Income Fund-Dividend Plan-Dividend Option11.874103-Dec-2009Reliance NRI Income Fund-Growth Plan-Growth Option11.874103-Dec-2009Reliance Short Term Fund-Dividend Re-investment Plan10.641703-Dec-2009Reliance Short Term Fund-Growth Plan17.140603-Dec-2009Reliance Short Term Fund-Quarterly Dividend Plan13.529903-Dec-2009Reliance Banking Fund-Dividend Plan-Dividend Option31.292603-Dec-2009Reliance Banking Fund-Growth Plan-Bonus Option78.412303-Dec-2009Reliance Banking Fund-Growth Plan-Growth Option78.412303-Dec-2009Reliance Diversified Power Sector Fund-Dividend Plan-Dividend47.664803-Dec-2009Reliance Diversified Power Sector Fund-Growth-Bonus76.648603-Dec-2009Reliance Diversified Power Sector Fund-Growth-Growth76.648603-Dec-2009Reliance Equity Fund-Dividend Plan-Dividend Option15.115103-Dec-2009Reliance Equity Fund-Growth Plan-Bonus Option15.115103- Dec-2009Reliance Equity Fund-Growth Plan-Growth Option15.115103-Dec-2009Reliance Equity Opportunities Fund-Dividend Plan-Dividend Option19.345603-Dec-2009Reliance Equity Opportunities Fund-Growth Plan-Bonus Option27.386303-Dec-2009Reliance Equity Opportunities Fund-Growth Plan-Growth Option27.386303-Dec-2009Reliance Growth Fund-Dividend Plan-(D)53.317703-Dec-2009Reliance Growth Fund-Growth Plan-Bonus Option68.953503-Dec-2009Reliance Growth Fund-Growth Plan-Growth Option415.673203-Dec-2009Reliance Media Entertainment Fund-Dividend Plan-Dividend Option18.040903-Dec-2009Reliance Media Entertainment Fund-Growth Plan-Bonus Option2