(As of 30 Jun, 2021)
S&P BSE Healthcare TR INR
Investors understand that their principal will be at Very High Risk.
The scheme seeks to achieve its investment objective by investing at least 80% of its net assets in equity/ equity related instruments of the companies in the pharma sector. The Scheme may also invest some portion of the investible funds in equity and equity related securities of companies other than those engaged in pharma sector. The Scheme may also invest some portion of the investible funds in debt and money market instruments.
Sailesh Raj Bhan
1 %(If redeemed within 365 days)
This fund is been allocated in various sectors including some of the prominent ones that are widely accepted and are creating a value of trust.
Dr Reddy's Laboratories Ltd
Divi's Laboratories Ltd
Sun Pharmaceuticals Industries Ltd
As the name suggests, Sectoral Funds invest in specific sectors of the economy. These funds are less diversified as they invest entirely in a particular sector; hence, their risk factor also depends on the respective sector’s performance, this carrying high risk. For example, a FMCG fund will only invest in FMCG companies while a tech fund will invest in only tech companies.The aim of these funds is to give investors a chance to benefit from the growth prospects of a particular fund.
This fund is rated 0 stars by Morning Star Ratings.
With Average Assets Under Management (AAUM) of Rs 2,33,628.56 Crores (January 2019 - March 2019 QAAUM) and 90.67 lakhs folios (as on March 31, 2019), Reliance Nippon Life Asset Management Ltd is one of India's leading mutual funds. Reliance Nippon Life Asset Management Ltd is one of the fastest growing mutual funds in India, offering investors a well-rounded portfolio of products to meet varying investor requirements and has presence in 300 cities (as on March 31, 2019) across the country. Reliance Nippon Life Asset Management Ltd constantly endeavours to launch innovative products and customer service initiatives to increase value to investors.
Vision statement of Reliance Nippon Life Asset Management Ltd - To be a globally respected wealth creator with an emphasis on customer care and a culture of good corporate governance.
Mission statement of Reliance Nippon Life Asset Management Ltd - To create and nurture a world-class, high performance environment aimed at delighting our customers.
Main objectives of Reliance Nippon Life Asset Management Ltd are