Reliance Top 200: Healthy long-term record
ET Bureau|
Oct 02, 2017, 06.30 AM IST
ET Wealth collaborates with Value Research to analyse top mutual funds.
We examine the key fundamentals of the fund, its portfolio and performance to help you make an informed investment decision.
Reliance Top 200
HOW HAS THE FUND PERFORMED?
The fund has outperformed both the index and the category average over the past decade. With a 10-year return of 10.72%, the fund has outperformed both the benchmark (7.32%) and the category average (8.44%) by a good margin.
As on 27 Sep 2017
Annualised performance (%)
The fund has outperformed across time periods.
As on 27 Sep 2017
Yearly performance (%)
The fund has not been consistent in its outperformance in recent years
As on 27 Sep 2017
BASIC FACTS
Date of launch: 8 Aug 2007
Category : Equity
Type : Large-cap
Average AUM : Rs 4.588.80 cr
Benchmark : S&P BSE 200 Index
WHAT IT COSTS
NAVS*
Growth option : Rs 30
Dividend option : Rs 16
Minimum investment: Rs 5,000
Minimum SIP Amount : Rs 100
Expense ratio^ (%) : 2.01
Exit load : 1% for redemption within 365 days
*As on 20 Sep 2017
^As on 31 Aug 2017
Fund managers
Sailesh Raj Bhan / Ashwani Kumar
Tenure: 10 years and 2 months / 10 years and 2 months
Education: MBA, CFA / B.Sc, MBA
WHERE DOES THE FUND INVEST?
The fund has a compact portfolio with healthy exposure in its top bets.
HOW RISKY IS IT?
The fund’s risk-return profile is superior to many of its peers.
Wherever not specified, data as on 31 Aug 2017. Source: Value Research
SHOULD YOU BUY?
This fund takes a large-cap tilt, but retains a higher mid-cap exposure compared to many of its peers. The mid-cap picks are mostly among the leaders in their segment, and display strong capabilities to scale up. The fund takes a conservative approach, does not deviate too much against its benchmark index in terms of sector exposure. While it is more aligned with the benchmark and does not dabble in stocks outside the benchmark index, it is not an index hugger.
The portfolio is very compact, which is an outcome of its risk positioning. It also allows the fund to retain healthy exposure in its top picks, but ensures exposure to mid-caps does not exceed 3% of the portfolio. With fund managers of proven capabilities at the helm, this fund is a good pick.
We examine the key fundamentals of the fund, its portfolio and performance to help you make an informed investment decision.
Reliance Top 200
HOW HAS THE FUND PERFORMED?
The fund has outperformed both the index and the category average over the past decade. With a 10-year return of 10.72%, the fund has outperformed both the benchmark (7.32%) and the category average (8.44%) by a good margin.
As on 27 Sep 2017
Annualised performance (%)
The fund has outperformed across time periods.
As on 27 Sep 2017
Yearly performance (%)
The fund has not been consistent in its outperformance in recent years
As on 27 Sep 2017
BASIC FACTS
Date of launch: 8 Aug 2007
Category : Equity
Type : Large-cap
Average AUM : Rs 4.588.80 cr
Benchmark : S&P BSE 200 Index
WHAT IT COSTS
NAVS*
Growth option : Rs 30
Dividend option : Rs 16
Minimum investment: Rs 5,000
Minimum SIP Amount : Rs 100
Expense ratio^ (%) : 2.01
Exit load : 1% for redemption within 365 days
*As on 20 Sep 2017
^As on 31 Aug 2017
Fund managers
Sailesh Raj Bhan / Ashwani Kumar
Tenure: 10 years and 2 months / 10 years and 2 months
Education: MBA, CFA / B.Sc, MBA
WHERE DOES THE FUND INVEST?
The fund has a compact portfolio with healthy exposure in its top bets.
HOW RISKY IS IT?
The fund’s risk-return profile is superior to many of its peers.
Wherever not specified, data as on 31 Aug 2017. Source: Value Research
SHOULD YOU BUY?
This fund takes a large-cap tilt, but retains a higher mid-cap exposure compared to many of its peers. The mid-cap picks are mostly among the leaders in their segment, and display strong capabilities to scale up. The fund takes a conservative approach, does not deviate too much against its benchmark index in terms of sector exposure. While it is more aligned with the benchmark and does not dabble in stocks outside the benchmark index, it is not an index hugger.
The portfolio is very compact, which is an outcome of its risk positioning. It also allows the fund to retain healthy exposure in its top picks, but ensures exposure to mid-caps does not exceed 3% of the portfolio. With fund managers of proven capabilities at the helm, this fund is a good pick.
