About Reliance Mutual Fund
About Reliance Mutual Fund
- Reliance Mutual Fund is an Indian asset management company that was founded in 1995.
- It is a subsidiary of Reliance Capital Limited, one of the largest financial services conglomerates in India.
- Reliance Mutual Fund offers a wide range of mutual fund schemes, including equity funds, debt funds, and hybrid funds.
- The fund is managed by a team of experienced professionals who have a deep understanding of the Indian financial markets.
- Reliance Mutual Fund is a good option for investors who are looking for a variety of investment options and a strong track record.
Key information about Reliance Mutual Fund
Fund Name: Reliance Mutual Fund
Sponsor: Reliance Capital Limited
Asset Class: Equity, Debt, Hybrid
Investment Objective: To provide long-term capital appreciation and regular income to investors.
Fund Manager: Mr. Sundeep Sikka
Minimum Investment: ₹500
Performance: Reliance Mutual Fund has a good track record, with its top-performing schemes delivering returns of over 20% in the past 3 years.
How can you invest in Reliance Mutual Fund?
You can invest in Reliance Mutual Fund through the following channels:
Online: You can invest in Reliance Mutual Fund through the website of your preferred mutual fund distributor.
Offline: You can invest in Reliance Mutual Fund through the branches of your preferred mutual fund distributor.
Systematic Investment Plan (SIP): You can invest in Reliance Mutual Fund through a SIP, which allows you to invest a fixed amount every month.
How to sell RELIANCE Mutual Funds
Contact the Reliance Mutual
Fund Company: Reach out to Reliance Mutual Fund Company through their
customer service helpline, email, or website. They will guide you on the
process and provide the necessary instructions.
Verify Your Identity: As a
standard procedure, Reliance Mutual Fund Company will require you to verify your
identity. This may involve providing personal details, such as your name,
address, PAN (Permanent Account Number), and folio number (if app Reliance
Mutual).
Obtain the Required Forms: The Reliance Mutual Fund Company
will provide you with the necessary forms for selling your mutual funds. You
can typically download these forms from their website or request them to be
sent to you.
Fill Out the Forms:
Carefully fill out the required forms, providing accurate information. The
forms may include details such as your folio number, scheme name, units to be
sold, and bank account details for the redemption proceeds.
Submit the Forms: Once you
have completed the forms, submit them to Reliance Fund Company. You can
typically do this by mailing the forms to their office or visiting their
nearest branch in person. Alternatively, some mutual fund companies also offer
online redemption Facilities through their website or mobile app.
Await Confirmation: After
submitting the forms, you will receive a confirmation from Reliance Mutual Fund
Company regarding the acceptance of your request to sell the mutual funds. This
confirmation may be sent via email or mail.
Receive Redemption Proceeds:
Once your request to sell the mutual funds has been processed, you will receive
the redemption proceeds. The proceeds are usually credited to the registered
bank account provided in the redemption form. The timeline for receiving the
funds may vary, but it is typically within a few business days.
frequently asked questions (FAQs) about Reliance Mutual Fund
The minimum investment in Reliance Mutual Fund is ₹500.
Reliance Mutual Fund has a good track record, with its top-performing schemes delivering returns of over 20% in the past 3 years.
To redeem or sell your HDFC Mutual Fund investments, you can log in to your HDFC Mutual Fund account on their website or mobile app and initiate a redemption request. You can also visit the nearest HDFC Mutual Fund branch or authorized distributor to submit a redemption request offline. The proceeds will be credited to your registered bank account.
Yes, HDFC Mutual Fund allows investors to switch between different schemes. You can initiate a switch request online or offline by providing the necessary details of the existing scheme and the target scheme. The switch can be made within HDFC Mutual Fund schemes or to schemes of other mutual fund houses, depending on the options available.
To update your personal details or make changes to your HDFC Mutual Fund investments, you can log in to your HDFC Mutual Fund account on their website or mobile app and navigate to the profile or account settings section. You can update your contact information, bank account details, and other relevant information. Alternatively, you can visit the nearest HDFC Mutual Fund branch or authorized distributor and submit the required documents for the requested changes.
HDFC Mutual Fund provides online access to track your investments. You can log in to your HDFC Mutual Fund account on their website or mobile app to view your portfolio, transaction history, account statements, and performance of your investments. Additionally, you will receive periodic updates and account statements via email or physical mail.