Reliance Growth Fund : Value Up 71 Times in 19 Years..!

Soon to embark on its 20th year of existence, Reliance Growth Fund has seen its Net Asset Value (NAV) cross Rs. 700 level becoming the first mutual fund (MF) scheme in the country to reach this milestone.

This also makes the per-unit-price of this midcap sector - focussed MF scheme, managed by leading fund house Reliance Capital Asset Management Company (AMC), higher than that of nearly half of the 30 biggest blue-chip stocks of the country that form part of the benchmark index Sensex.

“Our research team has been able to constantly remain ahead of the curve in identifying the right stocks and investment opportunities. This has given us a strong edge to offer superior returns to our investors.Many of our funds are among the best performers in their category. We will continue to keep our focus on intelligent and balanced stock picking,” RCAM Head of Equities Mr. Sunil Singhania said.

The fund was launched 19 years ago in October 1995 and its value has appreciated about 71 times since inception. The fund has delivered a CAGR (Compounded Annual Growth Rate) of 25% and has a corpus of over Rs. 4,846 crore from lakhs of investors.

Reliance Growth Fund, a midcap fund, is primarily invested in financial, information technology, industrials and healthcare companies. The most invested stocks in the fund today are ICICI Bank, HCL Technologies &  Aditya Birla Nuvo.

Some of the early identifiers for the fund that have given exponential returns include Lupin, Jindal Power and Steel, United Phosphorous.

Current Investment Philosophy:

• Reliance Growth Fund attempts to achieve superior alpha by investing in a combination of Market Leaders and Emerging leaders.


• This fund endeavors to identify growth stocks that are available at reasonable valuation, thus adopting a Growth at Reasonable Price (GARP) style for investing.
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• This fund endeavors to invest in companies that have the potential to substantially increase their profitability and companies with consistent track record.
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• This fund endeavors to identify deep value stocks and benefit from the potential growth from such stocks.
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• This fund endeavors to make investments in companies which are having ability to provide high alpha as compared to risk taken.

 Performance of Reliance Growth Fund..!

NAV as at June 30, 2014 (Rs.)	659.6136
Performance of Reliance Growth Fund - Growth Option as on 30/06/2014
Date	NAV Per Unit (Rs.)	Scheme Returns (%)	Benchmark Returns # (%)	Additional Benchmark Returns # # (%)	Current Value of Standard Investment of Rs 10000 in the
					Scheme (Rs)	Benchmark #(Rs)	Additional Benchmark # # (Rs)
$ Since inception till June 30, 2014	10.0000	25.05	11.85	10.99	659,613	81,500	70,626
June 28, 2013 to June 30, 2014	430.6869	53.15	33.44	31.03	N.A.
June 29, 2012 to June 28, 2013	421.8321	2.10	9.91	11.28
June 30, 2011 to June 29, 2012	450.0176	-6.26	-7.16	-7.51
$ Since Inception Date - 08/10/1995
# Benchmark	S&P BSE 100 Index
## Additional Benchmark	S&P BSE SENSEX Index

Reliance Growth Fund
 Fund Manager Sunil Singhania.

Past performance may or may not be sustained in future and the same may not necessarily provide the basis for comparison with other investments.

$ Since inception date till date i.e. from Oct 08, 1995 till June 30, 2014, the scheme has completed 18 years and 9 months.

Fund Manager: Mr. Sunil Singhania

Other best Funds..!

R CAM’s another equity offering in large cap category - Reliance Vision Growth Fund - has crossed Rs. 400 for the first time.

Reliance Vision Fund has a corpus of Rs. 2,953 crore.

Franklin India Prime Fund that was launched in December 1993 . Franklin India Prime Fund has a corpus of about Rs. 2,000 crore and has generated a CAGR of 21% thereby multiplying investors wealth by 55%t. The fund has an NAV of Rs. 563.

SBI Magnum launched in September 1994.

SBI Magnum Global Fund 94 has an NAV of Rs. 114 and has given a CAGR of 13% on an AUM of Rs. 1,249 crore.

HDFC Equity Fund, with an NAV of Rs. 460, leads the pack in this category.

HDFC Equity Fund has a corpus of Rs. 4,994 crore

The two other funds that follow Reliance are Franklin India Prime Plus at an NAV of Rs. 381 and HDFC Top 200 at NAV of Rs. 335. HDFC Top 200 Fund has a corpus of 12,430 crore. Franklin India Prima Plus - Growth Fund has a corpus of Rs. 2,661 crore.

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