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How to Redeem Reliance Mutual Fund

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how to redeem reliance mutual fund

About Reliance Mutual Fund 

Reliance Mutual Fund is one of the biggest names in the Indian Mutual Fund industry.  It was incorporated in 1995. The fund house deals in 5 main fund classes namely, equity, debt, retirement funds, Gold Funds and Liquid Funds. It provides a wide range of scheme for the investor to choose from. It is one of the top mutual funds in India, founded as a trust under the Indian Asset Act, 1882.  

How to Invest in the Reliance Mutua Fund? 

Whether you are a novice or a seasoned investor in this area, investing in Nippon Mutual Funds (formerly known as Reliance mutual fund) is made easy with GulaqYou can visit www.gulaq.com from a list of handpicked funds are fetched in keeping investment objective and risk profile of investors. You can very much assure of hasslefree process of selecting any fund. 

Documents Required to Invest in Nippon Mutual Funds (Reliance Mutual Fund) 

Here: 

  • Copy of Pan Card 
  • Passport 
  • Aadhaar Card 
  • Driving License 
  • Voter ID 
  • Rent/lease Agreement 
  • Utility Bill 
  • Ratio Card 

Top 5 Reliance Mutual Funds as per Gulaq Methodology 

  • Nippon India Gold Savings FundIt is a others mutual fund scheme that was launched by Reliance mutual fundLater on, it was introduced on 1st Jan 2013 to its investors. Currently, the fund is managed by Payal Kaipunjal. Talking about AUM, it is of INR 801 Cr, and, the latest NAV is of INR 20.08 (dated as of 6th May 2020). The fund growth is rated moderately high risk. Also, the minimum SIP investment is INR 100. Not to miss, exit load of 1%, only if redeemed within a span of 15 days.  
  • Nippon India US Equity Opportunities FundIt is an equity mutual fund that was launched by Reliance mutual fund. Later on, it was introduced on 18th July 2015 to its investors. Currently, the fund is managed by Kinjal Desai, and Anju ChajjerTalking about AUM, is of INR 97 Cr, and, the latest NAV is of INR 17.70 (dated as of 5th May 2020). The fund growth is rated high risk. Also, the minimum SIP is INR 100, and, minimum lumpsum investment is INR 5000. Not to miss, exit load of 1% only if redeemed within a year.  
  • Nippon India Pharma FundIt is an equity mutual fund scheme that was launched by Reliance mutual fund. Later on, it was introduced on 1st Jan 2013 to its investors. Currently, the fund is managed by Sailesh Raj Bhan. Talking about AUM, it is of INR 2190 Cr, and, the latest NAV is of INR 190.64 (dated as of 6th May 2020). The fund growth is rated high risk. Also, the minimum SIP investment is INR 100, and, minimum lumpsum investment is INR 5000.  
  • Nippon India Gilt Securities FundIt is a debt mutual fund that was launched by Reliance mutual fund. Later on, it was introduced on 1st Jan 2013 to its investors. Currently, the fund is managed by Prashant R. Pimple. Talking about AUM, it is of INR 1204 Cr, and, the latest NAV is of INR 31.46 (dated as of 6th May 2020). The fund growth is rated moderate risk. Also, the minimum SIP investment is INR 100, and, lumpsum investment is INR 5000. 
  • Nippon India Income FundIt is a debt mutual fund that was launched by Reliance mutual fund. Later on, it was introduced on 1st Jan 1998. Currently, the fund is managed by Prashant R. Pimple. Talking about AUM, it is of INR 296 Cr, and, the latest NAV is of INR 68.60 (dated as of 6th May 2020). The fund growth is rated moderate risk. Also, the minimum SIP is INR 100, and, lumpsum investment is INR 5000.  

Looking to invest? Hop on to gulaq.com and start investing in direct mutual funds. Furthermore, you can also get in touch: [email protected] 

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*Disclaimer: investment in securities market are subject to market risks, read all the related documents carefully before investing

 

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