(As of 30 Apr, 2019)
The investment objective of the Scheme is to seek to provide returns that closely correspond to returns provided by Reliance ETF Gold BeES.
(since 06 Nov, 2018)
(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.
Reliance ETF Gold BeES
Gold Funds provide an easy way to invest in gold as an asset class without having to hold it as a physical commodity. Gold funds invest in different types of gold, be it in the form of gold ETFs (Exchange Traded Funds) or in the stocks of gold mining companies. The best part about these funds is that apart from the absence of chances of theft, investing in gold funds means that you get pure gold at relatively lower prices and can sell theunits at the then market linked prices.
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 Mutual Fund is one of India's leading mutual funds. Reliance Mutual Fund 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 Mutual Fund constantly endeavours to launch innovative products and customer service initiatives to increase value to investors.
Vision statement of Reliance Mutual Fund - To be a globally respected wealth creator with an emphasis on customer care and a culture of good corporate governance.
Mission statement of Reliance Mutual Fund - To create and nurture a world-class, high performance environment aimed at delighting our customers.
Main objectives of Reliance Mutual Fund are