The other wealth creators - Reliance Growth Fund is 111 times since inception in Oct 1995, a return of 22.25% p.a.

Inception :  8th October 1995

NAV at inception: 10.0000

NAV as on 10/4/2019: 1114.6002

AUM (Assets Under Management): Rs.6745/- crores (as on 31/03/2019) 


Reliance Growth Fund is a Mid Cap fund.  ( In order to know what are Mid Cap funds pls  read here)

It is managed by Reliance Mutual Fund.

OBJECTIVE OF THE FUND 

• The primary investment objective of the Scheme is to achieve long-term growth of capital by investment in equity and equity related securities through a research based investment approach. 

CURRENT INVESTMENT PHILOSOPHY

• The Fund endeavors to invest in mid cap companies that have the potential to substantially increase their profitability and have consistent track record. 
• The fund focuses on identifying potential market leaders at an early stage with a view to create long term alpha.
• The fund attempts to identify growth stocks that are available at reasonable valuation, thus adopting a Growth at Reasonable Price (GARP) style for investing.

RELIANCE GROWTH FUND - RETURNS SINCE INCEPTION TO MARCH 29, 2019

(SOURCE : www.reliancemutual.com)

(DISCLAIMER: NOT TO SOLLICIT ANY BUSINESS.  FOR INFORMATION PURPOSES ONLY.  

EQUITY MUTUAL FUNDS ARE WITH RISK PRODUCTS INCLUDING THE RISK TO CAPITAL.  PLEASE READ AND RESERACH CAREFULLY BEFORE TAKING A DECISION TO INVEST.)