Fund Overview Growth | Regular Plan

  • Fund House

  • Launch Date

  • Benchmark

  • Minimum Investment (₹)

  • Minimum Addl Investment (₹)

  • Exit Load (%)

  • Minimum SIP Investment (₹)

  • Minimum STP Investment (₹)

  • Minimum SWP Investment (₹)

  • 52 Week Low Nav (₹)

  • 52 Week Low Nav Date

  • 52 Week High Nav (₹)

  • 52 Week High Nav Date

Fund Objective

The investment objective of the Scheme is to generate optimal returns consistent with moderate levels of risk and liquidity by investing in debt securities and money market securities.

Fund Performance

Scheme Name 1-Month Return (%) 3-Month Return (%) 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Since Inception
Reliance Low Duration Fund- Growth Plan - Growth Option 10.68 1.24 6.63 6.87 7.58 8.05
Crisil 1 Yr T-Bill Index N/A N/A N/A N/A N/A N/A
NIFTY Low Duration Debt Index N/A N/A N/A N/A N/A N/A

Returns upto 1 year is Annualised, and above 1 year are Compounded Annualised

Peer Fund Comparison

Scheme Name Launch Date Ratings 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Expense Ratio (%) Assets (Cr.)
Reliance Low Duration Fund- Growth Plan - Growth Option Mar 20, 2007 Unrated 6.63 6.87 7.58 0.65 4,168.48
Aditya Birla Sun Life Low Duration Fund - Growth Plan May 14, 1998 8.30 7.31 7.76 1.23 8,585.69
SBI MAGNUM LOW DURATION FUND - REGULAR PLAN - GROWTH Jul 26, 2007 Unrated 8.45 7.48 7.99 0.95 7,262.38
Franklin India Low Duration Fund - Growth Plan Feb 07, 2000 5.91 6.06 6.50 0.88 6,631.64
Kotak Low Duration Fund- Regular Plan-Growth Option Mar 06, 2008 7.87 7.62 8.40 1.06 5,017.61
IDFC Low Duration Fund -Regular Plan- Growth Jan 17, 2006 Unrated 8.51 7.61 8.13 0.49 3,889.94

Fund Holdings as on 30-June-2019

  • Indian Receivable Trust 18 **

  • EMBASSY OFFICE PARK REIT **

  • 9.6% Muthoot Finance Limited **

  • 8.99% India Grid Trust InvIT Fund **

  • 8.33% Panchshil Corporate Park Private Limited **

  • Shriram City Union Finance Limited **

  • MFL Securitisation Trust **

  • 8.36% Power Finance Corporation Limited **

  • KKR India Financial Services Private Limited **

  • Indiabulls Housing Finance Limited **

  • Piramal Enterprises Limited **

  • Bank of Baroda **

  • 1.51% Housing Development Finance Corporation Limited **

  • 8.15% National Bank For Agriculture and Rural Development **

  • 7.78% Housing Development Finance Corporation Limited **

  • 7.07% Reliance Industries Limited **

  • Piramal Enterprises Limited **

  • JM Financial Asset Reconstruction Company Limited **

  • Small Industries Dev Bank of India **

  • 8.53% Power Finance Corporation Limited

  • Axis Bank Limited **

  • AU Small Finance Bank Limited **

  • National Bank For Agriculture and Rural Development **

  • RENT-A-DEVICE TRUST **

  • Net Current Assets

  • 8.57% REC Limited **

  • Reliable Devices Trust **

  • Reliable Devices Trust **

  • Reliable Devices Trust **

  • 9% Muthoot Finance Limited **

  • 8.18% Power Finance Corporation Limited

  • 7.9% Nabha Power Limited **

  • IndusInd Bank Limited **

  • Reliance Liquid Fund-Direct Growth Plan

  • 7.8% Aditya Birla Housing Finance Limited **

  • KKR India Financial Services Private Limited **

  • Dewan Housing Finance Corporation Limited **

  • 8.36% Power Finance Corporation Limited **

  • 8.35% REC Limited **

  • Piramal Enterprises Limited **

  • IndusInd Bank Limited **

  • Small Industries Dev Bank of India **

  • Small Industries Dev Bank of India

  • 8.3% Reliance Industries Limited **

  • 9.25% Power Grid Corporation of India Limited **

  • 8.75% Muthoot Finance Limited **

  • 9.05% Power Finance Corporation Limited **

  • 8.8% REC Limited **

  • 8.8% REC Limited

  • Triparty Repo

  • IndusInd Bank Limited **

  • 9.04% REC Limited

  • 8.96% Power Finance Corporation Limited **

  • ICICI Bank Limited **

  • 7% Government of India

  • 8.5% National Bank For Agriculture and Rural Development

  • Cash Margin - CCIL

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  • Miscellaneous

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About Reliance Low Duration Fund

Reliance Money Manager Fund is an open-ended ultra-short term debt fund from Reliance Mutual Fund. Focusing on very short term instruments, ultra-short term debt funds typically hold a portfolio of relatively higher maturity as compared to liquid fund, with relatively low risk and high liquidity compared to debt funds. 

Reliance Money Manager Fund emphasizes on capital preservation and appreciation to offer better post tax yield vis-à-vis their liquid peers.  It however carries slight mark to market risk, which could be relatively higher than its pure liquid peers.

Reliance Money Manager Fund endeavours to invest a minimum of 50% of its assets in government securities, corporate debt, other debt and money market instruments with residual maturity of at least 12 months. This allocation can go up to 100%. On the other hand, allocation to instruments with residual maturity of more than 12 months can go upto 50% at maximum. 

Under normal circumstances, Reliance Money Manager Fund holds instruments with high credit quality. Reliance Money Manager Fund invests in money market instruments such as Certificate of Deposits (CDs) and Commercial papers (CPs) and in corporate debt as well. 

While selecting securities for the portfolio, the fund manager takes into account important factors such as Interest rate movement in the economy, creditworthiness of the issuer, maturity profile and liquidity among others.

Scheme Analysis

Reliance Low Duration Fund is a Debt - Low Duration Fund fund and belongs to Reliance Nippon Mutual Fund. It was launched on 20-Mar-2007 and currently has an AUM of ₹4,168.48 crore. Reliance Low Duration Fund is benchmarked against Crisil 1 Yr T-Bill Index as primary index and NIFTY Low Duration Debt Index as secondary index.

The NAV of Reliance Low Duration Fund ended up ₹0.45(0.02%)yesterday to ₹2600.48.

Among its top 3 holdings the fund has exposure to Indian Receivable Trust 18 **, EMBASSY OFFICE PARK REIT ** and 9.6% Muthoot Finance Limited **

The Reliance Low Duration Fund is managed by Amit Tripathi and Anju Chhajer.

Fund House Contact

Reliance Centre, 7th Floor, South Wing, Off Western Express Highway, Santacruz (East) Mumbai - 400 055

022-33031000
022-33037662

Fund Manager

  • CARE A(SO)

  • CARE A1+

  • CARE AA+

  • CARE D

  • Cash

  • CRISIL A1+

  • CRISIL AA

  • CRISIL AA+

  • CRISIL AAA

  • CRISIL AAA(SO)

  • FITCH A1+

  • FITCH AAA(SO)

  • ICRA A1+

  • ICRA AAA

  • ICRA AAA(SO)

  • MFU

  • SOVEREIGN

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