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Reliance Tax Saver (ELSS) Fund
Fund performance since its inception in
September 2005
Kindly refer below for complete performance details
| Investment Option | Lock-in Period | Returns |
| Public Provident Fund | 15 Years | 7.6%^ |
| National Saving Certificate | 5/10 Years | 7.6%** |
| Bank Tax Saving Fixed Deposits | 5 Years | 6.0%@ |
| Average Industry Equity Linked Saving Scheme | 3 Years | 13.1%* |
*Source: 3 years CAGR returns as on December 29, 2017 - from CRISIL. The above comparison has been given for the purpose of the general information only. Investments in mutual funds should not be construed as a guarantee of any minimum returns. ELSS invests in equity and there is no capital protection guarantee or assurance of any return in mutual fund investment. Kindly consult your financial advisor before investing. Past performance may or may not be sustained in future.
^Ministry of Finance, **GOI, IndiaPost, @Leading Bank
ELSS (Equity Linked Savings Schemes) are equity oriented mutual funds offering tax benefits under Section 80C of the Income Tax Act 1961. ELSS products stand out among all the other tax saving options, given its higher equity exposure and hence the potential for Wealth Creation in addition to the taxation benefits.
You can save tax upto Rs. 46,350 per year by investing in ELSS funds subject to the following:
Individual and HUF having taxable income of less than Rs. 50 lakhs can invest upto Rs. 1.5 lakhs under the ELSS scheme during the FY 2017-18 as per provision of Section 80C of the Income Tax Act 1961 (Includes applicable cess). Tax saving will be proportionately reduced subject to the taxable income and investments.
Further, Investment in ELSS schemes is subject to lock in period of 3 years from the date of allotment of units. The tax benefits are as per the current income tax laws and rules. Investors are advised to consult their tax advisor before investing in such schemes.
Since its inception on 21 September 2005, Reliance Tax Saver (ELSS) Fund has given a CAGR return of 15.41% p.a. (as on 30th April 2018)
Rs. 1 lac invested at the time of inception is worth Rs. 6.09 lac in the scheme compared to Rs. 4.94 lac in the Benchmark.
Please refer below for complete performance disclosure.
| SCHEME PERFORMANCE SUMMARY | |||||||
|---|---|---|---|---|---|---|---|
| NAV as on Apr 30, 2018: Rs 60.9827 | |||||||
| Performance of Reliance Tax Saver (ELSS) Fund as on 30/04/2018 | |||||||
| Particulars | 1 Year CAGR % | 3 Year CAGR % | 5 Year CAGR % | Since Inception | |||
| Reliance Tax Saver (ELSS) Fund | 8.56 | 9.21 | 21.59 | 15.41 | |||
| B: S&P BSE 100(TRI) | 16.75 | 11.80 | 15.07 | 13.51 | |||
| AB: S&P BSE Sensex(TRI) | 18.88 | 10.71 | 14.15 | 13.30 | |||
| Value of Rs 10000 Invested | |||||||
| Reliance Tax Saver (ELSS) Fund | 10,861 | 13,027 | 26,591 | 60,983 | |||
| B: S&P BSE 100(TRI) | 11,685 | 13,980 | 20,182 | 49,428 | |||
| AB: S&P BSE Sensex(TRI) | 11,900 | 13,572 | 19,387 | 48,336 | |||
| Inception Date: Sep 21, 2005 | |||||||
| Fund Manager: Ashwani Kumar (Since Sep 2005) | |||||||
| B - Benchmark | AB - Additional Benchmark | TRI - Total Return Index | |||||||
| As TRI data is not available since inception of the scheme, benchmark performance is calculated using composite CAGR of S&P BSE 100 PRI values from 21/09/2005 to 29/06/2007 and TRI values since 29/06/2007. | |||||||
| As TRI data is not available since inception of the scheme, benchmark performance is calculated using composite CAGR of S&P BSE Sensex PRI values from 21/09/2005 to 31/05/2007 and TRI values since 31/05/2007. | |||||||
Note: Different plans shall have a different expense structure. The performance details provided herein are of Growth Plan (Regular Plan).
| PERFORMANCE OF OTHER OPEN ENDED SCHEMES MANAGED BY FUND MANAGER: Ashwani Kumar | ||||||
|---|---|---|---|---|---|---|
| Scheme Name/s | CAGR % | |||||
| 1 Year Return | 3 Years Return | 5 Years Return | ||||
| Scheme | Benchmark | Scheme | Benchmark | Scheme | Benchmark | |
| Reliance Vision Fund | 11.11 | 17.49 | 8.30 | 13.22 | 16.45 | 16.62 |
| Reliance Large Cap Fund | 15.37 | 16.75 | 11.70 | 11.80 | 18.41 | 15.07 |
Mr. Ashwani Kumar has been managing Reliance Vision Fund since Jun 2003.
Mr. Ashwani Kumar has been managing Reliance Large Cap Fund since Aug 2007 jointly with Mr. Sailesh Raj Bhan.
a.Mr. Ashwani Kumar manages 3 open-ended schemes of Reliance Mutual Fund .
b. In case the number of schemes managed by a fund manager is more than six, in the performance data of other schemes, the top 3 and bottom 3 schemes managed by fund manager has been provided herein.
c. Period for which scheme’s performance has been provided is computed basis last day of the month-end preceding the date of advertisement.
d. Different plans shall have a different expense structure. The performance details provided herein are of Growth Plan (Regular Plan).
TRI - Total Returns Index reflects the returns on the index arising from (a) constituent stock price movements and (b) dividend receipts from constituent index stocks, thereby showing a true picture of returns.
The performance of the equity scheme is benchmarked to the Total Return variant of the Index.
Note: Performance as on 30th April 2018
Past performance may or may not be sustained in future and the same may not necessarily provide the basis for comparison with other investment. Performance of the schemes (wherever provided) are calculated basis CAGR for the past 1 year, 3 years, 5 years and since inception. Dividends (if any) are assumed to be reinvested at the prevailing NAV. Bonus (if any) declared has been adjusted. In case, the start/end date of the concerned period is non-business day (NBD), the NAV of the previous date is considered for computation of returns.
Contact your Financial Advisor | SMS 'ELSS' to 561617 | www.reliancemutual.com
#To save tax upto Rs 46,350: Individual and HUF having taxable income of less than Rs 50 lakhs can invest upto Rs 1.5 lakhs under the ELSS scheme during the FY 2017-18 as per provision of Section 80C of the Income Tax Act 1961 (Includes applicable cess). Tax saving will be proportionately reduced subject to the taxable income and investments. Further, Investment in ELSS schemes is subject to lock in period of 3 years from the date of allotment of units. The tax benefits are as per the current income tax laws and rules. Investors are advised to consult their tax advisor before investing in such schemes. *SMS charges apply. Common Source: RMF Internal Research
| OTHER SCHEME PRODUCT LABEL | ||||||
|---|---|---|---|---|---|---|
| Name of Scheme | This product is suitable for investors who are seeking*: | |||||
| Reliance Large Cap Fund (An open ended equity scheme predominantly investing in large cap stocks) |
• Long term capital growth • Investment in equity & equity related instruments, debt, money market instruments and derivatives |
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| Reliance Vision Fund(An open ended equity scheme investing in both large cap and mid cap stock) |
• long term capital growth • investment in equity and equity related instruments of large cap & mid cap companies through a research based approach. |
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| OTHER SCHEME PRODUCT LABEL | ||||||
|---|---|---|---|---|---|---|
| Name of Scheme | This product is suitable for investors who are seeking*: | |||||
| Reliance Mid & Small Cap Fund (An Open Ended Diversified Equity Scheme) |
• Long term capital growth •Investment in equity and equity related securities including derivatives. |
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| Reliance Regular Savings - Equity Option Fund (An Open Ended Scheme) |
• Long term capital growth •Investment in equity and equity related securities |
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Contact your Financial Advisor | www.reliancemutual.com
| Reliance Tax Saver (ELSS) Fund | ||||||||
|---|---|---|---|---|---|---|---|---|
| Dividend History | ||||||||
| Record Date | Rate (Re/ Unit) | Cum Dividend NAV | *EX Dividend NAV | |||||
| 14-03-2018 | 0.60 | 22.2716 | 21.6716 | |||||
| 28-12-2017 | 0.60 | 25.9583 | 25.3583 | |||||
| 29-09-2017 | 0.60 | 23.2492 | 22.6492 | |||||
| 30-06-2017 | 0.60 | 23.1274 | 22.5274 | |||||
| 23-03-2017 | 0.6 | 21.9299 | 21.3299 | |||||
| 23-12-2016 | 0.45 | 19.0755 | 18.6255 | |||||
| 15-09-2016 | 0.45 | 21.3909 | 20.9409 | |||||
| 15-06-2016 | 0.45 | 19.6784 | 19.2284 | |||||
| 11-03-2016 | 0.45 | 18.2183 | 17.7683 | |||||
| 28-12-2015 | 0.45 | 20.667 | 20.217 | |||||
| 21-09-2015 | 0.45 | 19.8841 | 19.4341 | |||||
| 29-06-2015 | 0.45 | 21.7955 | 21.3455 | |||||
| 13-03-2015 | 0.35 | 23.7821 | 23.4321 | |||||
| 24-12-2014 | 1.0 | 23.2342 | 22.2342 | |||||
| 22-09-2014 | 0.45 | 21.9523 | 21.5023 | |||||
| 27-06-2014 | 0.36 | 20.2727 | 19.9127 | |||||
| 07-03-2014 | 0.3 | 14.1956 | 13.8956 | |||||
| 26-12-2013 | 0.3 | 13.8827 | 13.5827 | |||||
| 20-09-2013 | 0.25 | 11.7342 | 11.4842 | |||||
| 28-06-2013 | 0.25 | 12.5391 | 12.2891 | |||||
| 15-03-2013 | 0.7 | 13.5195 | 12.8195 | |||||
| 25-01-2013 | 0.7 | 15.2853 | 14.5853 | |||||
| 29-03-2012 | 1.5 | 14.9833 | 13.4834 | |||||
| 11-02-2011 | 1.5 | 14.9209 | 13.8581 | |||||
| 28-08-2009 | 1.5 | 13.5493 | 12.0493 | |||||
| 21-02-2007 | 1 | 14.6877 | 13.5152 | |||||
| 02-11-2007 | 1 | 17.0834 | 16.0835 | |||||
Past performance may or may not be sustained in the future; Dividend distribution is subject to availability & adequacy of distributable surplus. The Mutual Fund is not assuring that it will make periodical dividend distributions, though it has every intention of doing so. Pursuant to dividend distribution, NAV of the scheme would fall to the extent of payout and statutory levy (if applicable). Performance of dividend plan/option would be net of applicable statutory levy, if any. Face value of Rs.10. * NAV on the 1st transaction day after Record Date, which includes the mark to market impact also.The above table provides dividend details of Dividend Plan (Regular Plan).
Free life insurance cover provided as a part of an add on feature called as ‘Reliance SIP Insure’ is arranged and funded by Reliance Nippon Life Asset Management Limited through “Reliance Group Term Assurance Plus” (UIN 121N104V01) of Reliance Nippon Life Insurance Company Limited (IRDAI Reg. No. 121). Grant of Insurance cover is discretionary on part of RNLIC and the cover is subject to underwriting. On exercising an option to become a member of insurance scheme, the death benefits (subject to the terms and conditions of the insurance, read along with the Certificate of Insurance, of the Group Term Assurance Plus Policy), shall be paid/ credited directly to investor's nominee by Reliance Nippon Life Insurance Company Limited. The investor is advised to refer to detailed sales brochure of Reliance Group Term Assurance Plus Plan for more details on risk factors, terms and conditions, before deciding to opt for insurance cover. Please refer to http://www.reliancenipponlife.com/ for more details. There is no compulsion whatsoever that this insurance cover has to be taken together with SIP. SIP is also available without insurance cover.
Reliance SIP Insure is a special feature available under selected schemes of Reliance Mutual Fund and is subject to such limits, operating guidelines, terms and conditions. Investors are requested to refer to the Scheme Information Document (SID), Statement of Additional Information (SAI), Key Information Memorandum (KIM) cum Application Form for further details.
The information herein above is meant only for general reading purposes and the views being expressed only constitute opinions and therefore cannot be considered as guidelines, recommendations or as a professional guide for the readers. Before making any investments, the readers are advised to seek independent professional advice, verify the contents in order to arrive at an informed investment decision.
None of the Sponsors, the Investment Manager, the Trustee, their respective directors, employees, affiliates or representatives shall be liable in any way for any direct, indirect, special, incidental, consequential, punitive or exemplary damages, including on account of lost profits arising from the information contained in this material.