The Reliance Large Cap Fund is an actively managed, open-ended equity mutual fund that invests the majority of its assets towards equity stocks of large-cap companies. The fund defines large-cap companies as the top 100 companies by full capitalization. The fund invests nominally in debt and other money market instruments to provide the scheme with good liquidity.
|Benchmark Type||S&P BSE 100 India TR INR|
|Min subscription||₹ 100|
|Scheme AUM (in Crs.)||₹ 11,819|
|AMC AUM (in Crs.)||₹ 2,33,617|
|Min Addition Subscription||₹ 100|
|Fund||Min SIP Inv.||Min Inv.||Returns 3Y|
The Reliance Large Cap Fund invests predominantly in equity stocks of large cap companies and makes a nominal investment in debt and other money market instruments to provide the fund with good liquidity in case of heavy redemptions. Presently, the fund invests heavily in the Finance, Energy, Engineering and Healthcare sectors of the economy. The fund does a nominal investment in mid-cap and small-cap companies as well.
|ICICI Bank Ltd||Equity||8|
|State Bank of India||Equity||7|
|HDFC Bank Ltd||Equity||7|
|Larsen & Toubro Ltd||Equity||6|
|Axis Bank Ltd||Equity||5|
|Bank of Baroda||Equity||3|
|Sun Pharmaceuticals Industries Ltd||Equity||3|
|Cash - Repurchase Agreement||1|
|Other Assets And Liabilities||0|
|Banks - Regional - Asia||31|
|Engineering & Construction||7|
|Information Technology Services||7|
The primary investment objective of the scheme is to seek to generate long term capital appreciation by investing predominantly into equity and equity related instruments of large cap companies. The secondary objective is to generate consistent returns by investing in debt, money market securities, REITs and InvITs. However, there can be no assurance that the investment objective of the Scheme will be realized.
This product is suitable for investors who are seeking
• Long term capital growth.
• Investment in equity and equity related securities of companies whose market capitalization is within the range of highest & lowest market capitalization of S&P BSE 200 Index
Sailash Bhan has been managing the fund since the last 11 years and has stuck to the mandate of fund. The fund consists of higher midcap allocation than its peers and churns its portfolio more than others in the category. This however has paid off for the fund not only in 3 to 5yeras time but also during down markets. Though the fund has seen a phase of below average performance, its consistency and steady fund management is worth considering of placing it in a portfolio.
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