Overview on Reliance Vision Fund

Page 1

Reliance Vision Fund Delivering Capital Gains From Leaders of Economy


What is Reliance Vision Fund? • It is a large and mid-cap mutual fund which aims to deliver long term capital appreciation by using the equity instruments of mid and large-cap companies. • It is one of the oldest schemes in the category and has delivered phenomenal gains in the past. • The performance of the fund in last few years have been decent due to slower growth in the mid-cap segment. • New fund managers have been recently appointed and the fund is expected to make a comeback.


Funds' Objective Invest in the best large and mid cap companies in India

Deliver consistent gains to all the investors

Deliver highest long term capital gains to investors.

To take reasonable risk and maintain best risk to reward ratio.


Reliance Vision Fund; Snapshot Category:

Equity: Large & MidCap

Assets:

Rs 3,019 crore (As on May 31, 2019)

Expense:

2.08% (As on May 31, 2019)

Fund House:

Reliance Mutual Fund

Launch Date:

8-Oct-95

Benchmark:

S&P BSE 250 Large MidCap TRI

Exit Load (%)

1% for redemption within 365 days

Return since Launch:

18.38%

Minimum SIP Investment (Rs)

100


Where Does it Invest? • Reliance Vision Fund follows a blended style of growth and value investment. • The fund has higher allocation in the large-cap companies. • Small-cap stocks are generally not included in the portfolio. • The portfolio is concentrated over 35 stocks from 10 different sectors. • The newly appointed fund managers have been increasing the holdings in stocks of giant companies.

Market Allocation

34.32

34.78

30.9 Gi ant (%)

La rge (%)

Mi d (%)


Top Holdings Company

Sector

% Assets

Honeywell Automation

Engineering

8.44

State Bank of India

Financial

6.61

ABB

Engineering

6.15

TVS Motor Co.

Automobile

5.94

Infosys

Technology

5.83

Tata Steel

Metals

5.24

ICICI Bank

Financial

5.05

Tata Motors

Automobile

3.65

HPCL

Energy

3.58

Bank of Baroda

Financial

3.5


Fund Managers

Ms Meenakshi Dawar B.Tech, PGDM

Mr Sanjay Doshi ACA, MBA, CFA

• Both the managers are recently appointed in May 2019 to manage Reliance Vision Fund by Reliance Mutual Fund. • The fund was previously managed by Mr Ashwani Kumar. • Both the newly appointed managers are highly talented and have great experience in asset management business.


Performance Analysis YTD

1-Month

3-Month

1-Year

3-Year

5-Year

10-Year

Fund

6.86

0.22

3.79

8.32

7.60

7.64

10.57

S&P BSE 250 Large MidCap

7.44

-1.24

1.62

9.02

13.47

10.98

12.36

Category

5.64

-0.44

2.13

5.60

11.10

11.27

13.39

• Reliance Vision Fund is an old scheme in the category and delivered significant gains in the past. • The fund hasn't been performing well for last few years but the returns have been improving since appointment of new fund managers.


Who Should Invest? • Reliance Vision Fund is ideal for the investors who seek for long term gains from a moderate to high risk portfolio. • The fund has been underperforming for the while but corrections can be seen after appointment of new fund managers. • The fund involves high risk and must be chosen by investor with high risk appetite. • The investments must be done for long term objectives.


Invest Your Hard Earned Corpus at the Most Trusted Platform

Disclaimer: The information and suggestions of the funds in the presentation are for informative purpose only. The facts and figures in the presentation are as per the sources which include ValueResearch and Moneycontrol as on 12-6-2019. Mutual fund investments are subject to market risk. Read all the scheme related documents carefully.


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