+ All Categories
Home > Documents > Reliance Growth Fund Project

Reliance Growth Fund Project

Date post: 03-Apr-2018
Category:
Upload: vikram-gundala
View: 222 times
Download: 0 times
Share this document with a friend

of 69

Transcript
  • 7/28/2019 Reliance Growth Fund Project

    1/69

    1

    Dayananda Sagar Business School

    EXECUTIVE SUMMERY

    A mutual fund is a scheme in which several people invest their money for a common financial

    cause. The collected money invests in the capital market and the money, which they earned, is

    divided based on the number of units, which they hold.

    The mutual fund industry started in India in a small way with the UTI Act creating what was

    effectively a small savings division within the RBI. Over a period of 25 years this grew fairly

    successfully and gave investors a good return, and therefore in 1989, as the next logical step,

    public sector banks and financial institutions were allowed to float mutual funds and theirsuccess emboldened the government to allow the private sector to foray into this area.

    The advantages of mutual fund are professional management, diversification and economies of

    scale, simplicity, and liquidity. The disadvantages of mutual fund are high costs, over-

    diversification, possible tax consequences, and the inability of management to guarantee a

    superior return.

    The biggest problems with mutual funds are their costs and fees it include Purchase fee,

    Redemption fee, Exchange fee, Management fee, Account fee & Transaction Costs. There are

    some loads which add to the cost of mutual fund. Load is a type of commission depending on the

    type of funds.

    Mutual funds are easy to buy and sell. You can either buy them directly from the fund company

    or through a third party. Before investing in any funds one should consider some factor like

    objective, risk, Fund Managers and scheme track record, Cost factor etc. There are many, manytypes of mutual funds. You can classify funds based Structure (open-ended & close-ended),

    Nature (equity, debt, balanced), Investment objective (growth, income, money market) etc.

  • 7/28/2019 Reliance Growth Fund Project

    2/69

    2

    Dayananda Sagar Business School

    A code of conduct and registration structure for mutual fund intermediaries, which were

    subsequently mandated by SEBI. In addition, this year AMFI was involved in a number of

    developments and enhancements to the regulatory framework.

    The most important trend in the mutual fund industry is the aggressive expansion of the foreign

    owned mutual fund companies and the decline of the companies floated by nationalized banks

    and smaller private sector players.

    Reliance Mutual Fund, UTI Mutual Fund, ICICI Prudential Mutual Fund, HDFC Mutual Fund

    and Birla Sun Life Mutual Fund are the top five mutual fund company in India. Reliance mutual

    funding is considered to be most reliable mutual funds in India. People want to invest in this

    institution because they know that this institution will never dissatisfy them at any cost. You

    should always keep this into your mind that if particular mutual funding scheme is on larger

    scale then next time, you might not get the same results so being a careful investor you should

    take your major step diligently otherwise you will be unable to obtain the high returns.

  • 7/28/2019 Reliance Growth Fund Project

    3/69

    3

    Dayananda Sagar Business School

    INTRODUCTION

  • 7/28/2019 Reliance Growth Fund Project

    4/69

    4

    Dayananda Sagar Business School

    INTRODUCTION OF MUTUL FUND

    There are a lot of investment avenues available today in the financial market for an investor with

    an investable surplus. He can invest in Bank Deposits, Corporate Debentures, and Bonds where

    there is low risk but low return. He may invest in Stock of companies where the risk is high and

    the returns are also proportionately high. The recent trends in the Stock Market have shown that

    an average retail investor always lost with periodic bearish tends. People began opting for

    portfolio managers with expertise in stock markets who would invest on their behalf. Thus we

    had wealth management services provided by many institutions. However they proved too costly

    for a small investor. These investors have found a good shelter with the mutual funds.

    Mutual fund industry has seen a lot of changes in past few years with multinational companies

    coming into the country, bringing in their professional expertise in managing funds worldwide.

    In the past few months there has been a consolidation phase going on in the mutual fund industry

    in India. Now investors have a wide range of Schemes to choose from depending on their

    individual profiles.My study gives an overview of mutual funds definition, types, benefits,

    risks, limitations, history of mutual funds in India, latest trends, global scenarios. I have analyzed

    a few prominent mutual funds schemes and have given my findings.

    A Mutual Fund is a trust that pools the savings of a number of investors who share a common

    financial goal. The money thus collected is then invested in capital market instruments such as

    shares, debentures and other securities. The income earned through these investments and the

    capital appreciations realized are shared by its unit holders in proportion to the number of units

    owned by them. Thus a Mutual Fund is the most suitable investment for the common man as it

    offers an opportunity to invest in a diversified, professionally managed basket of securities at a

    relatively low cost.

    At the beginning of this millennium, mutual funds out numbered all the listed securities in New

    York Stock Exchange.The popularity of mutual funds may be relatively new but not their origin

    which dates back to 18th century. Holland saw the origination of mutual funds in 1774 as

    investment trusts before spreading to Anglo-Saxon countries in its current form by 1868.

  • 7/28/2019 Reliance Growth Fund Project

    5/69

    5

    Dayananda Sagar Business School

    DEFINITION

    Mutual funds are collective savings and investment vehicles where savings of small (or

    sometimes big) investors are pooled together to invest for their mutual benefit and returns

    distributed proportionately.

    A mutual fund is an investment that pools your money with the money of an unlimited number

    of other investors. In return, you and the other investors each own shares of the fund. The fund's

    assets are invested according to an investment objective into the fund's portfolio of investments.

    Aggressive growth funds seek long-term capital growth by investing primarily in stocks of fast-

    growing smaller companies or market segments. Aggressive growth funds are also called capital

    appreciation funds.

    CONCEPT OF MUTUAL FUND

  • 7/28/2019 Reliance Growth Fund Project

    6/69

    6

    Dayananda Sagar Business School

    When an investor subscribes for the units of a mutual fund, he becomes part owner of the assets

    of the fund in the same proportion as his contribution amount put up with the corpus (the total

    amount of the fund). Mutual Fund investor is also known as a mutual fund shareholder or a unit

    holder.

    Any change in the value of the investments made into capital market instruments (such as shares,

    debentures etc) is reflected in the Net Asset Value (NAV) of the scheme. NAV is defined as the

    market value of the Mutual Fund scheme's assets net of its liabilities. NAV of a scheme is

    calculated by dividing the market value of scheme's assets by the total number of units issued to

    the investors.

    For example

    A. If the market value of the assets of a fund is Rs. 100,000B. The total number of units issued to the investors is equal to 10,000.C. Then the NAV of this scheme = (A)/(B), i.e. 100,000/10,000 or 10.00D.Now if an investor 'X' owns 5 units of this scheme

    WORKING OF MUTUL FUND

  • 7/28/2019 Reliance Growth Fund Project

    7/69

    7

    Dayananda Sagar Business School

    Mutual funds can be either or both of open ended and closed ended investment companies

    depending on their fund management pattern. An open-end fund offers to sell its shares (units)

    continuously to investors either in retail or in bulk without a limit on the number as opposed toa

    closed-end fund. Closed end funds have limited number of shares.

    Mutual funds have diversified investments spread in calculated proportions amongst securities of

    various economic sectors. Mutual funds get their earnings in two ways. First is the most organic

    way, which is the dividend they get on the securities they hold. Second is by the redemption of

    their shares by investors will be at a discount to the current NAVs (net asset values).

    Why Select Mutual Fund?

    The risk return trade-off indicates that if investor is willing to take higher risk then

    correspondingly he can expect higher returns and vice versa if he pertains to lower risk

    instruments, which would be satisfied by lower returns. For example, if an investors opt for

    bank FD, which provide moderate return with minimal risk. But as he moves ahead to invest in

    capital protected funds and the profit-bonds that give out more return which is slightly higher as

    compared to the bank deposits but the risk involved also increases in the same proportion. Thus

    investors choose mutual funds as their primary means of investing, as Mutual funds provide

    professional management, diversification, convenience and liquidity. That doesnt mean mutual

    fund investments risk free. This is because the money that is pooled in are not invested only in

    debts funds which are less riskier but are also invested in the stock markets which involves a

    higher risk but can expect higher returns. Hedge fund involves a very high risk since it is mostly

    traded in the derivatives market which is considered very volatile.

  • 7/28/2019 Reliance Growth Fund Project

    8/69

    8

    Dayananda Sagar Business School

    RETURN RISK MATRIX

    TYPES OF MUTUAL FUNDS SCHEMES IN INDIA

    Wide variety of Mutual Fund Schemes exists to cater to the needs such as financial

    position, risk tolerance and return expectations etc. thus mutual funds has Variety of flavors,

    Being a collection of many stocks, an investors can go for picking a mutual fund might be easy.

    There are over hundreds of mutual funds scheme to choose from.

  • 7/28/2019 Reliance Growth Fund Project

    9/69

    9

    Dayananda Sagar Business School

    GROWTH IN ASSETS UNDER MANAGEMENT

    STRUCTURE OF A MUTUAL FUND

    India has a legal framework within which Mutual Fund have to be constituted. In India open andclose-end funds operate under the same regulatory structure i.e. as unit Trusts. AMutual Fund in

    India is allowed to issue open-end and close-end schemes under a common legal structure. The

    structure that is required to be followed by any Mutual Fund in India is laid down under SEBI

    (Mutual Fund) Regulations, 1996.

  • 7/28/2019 Reliance Growth Fund Project

    10/69

    10

    Dayananda Sagar Business School

    ASSOCIATION OF MUTUAL FUNDS IN INDIA (AMFI)

    With the increase in mutual fund players in India, a need for mutual fund association in Indiawas

    generated to function as a non-profit organization. Association of Mutual Funds in India(AMFI)

    was incorporated on 22nd August, 1995.AMFI is an apex body of all Asset Management

    Companies (AMC) which has been registered with SEBI. Till date all the AMCs are that have

    launched mutual fund schemes are its members. It functions under the supervision and guidelines

    of its Board of Directors. Association of Mutual Funds India has brought down the Indian

    Mutual Fund Industry to a professional and healthy market with ethical lines enhancing and

    maintaining standards. It follows the principle of both protecting and promoting the interests ofmutual funds as well as their unit holders.

    NEED FOR THE STUDY

    The main purpose of doing this project was to know about mutual fund and its functioning. This

    helps to know in details about mutual fund industry right from its inception stage, growth and

    future prospects.It also helps in understanding different schemes of mutual funds. Because my

    study depends upon prominent funds in India and their schemes like equity, income, balance as

    well as the returns associated with those schemes.The project study was done to ascertain the

    asset allocation, entry load, exit load, associated with the mutual funds. Ultimately this would

    help in understanding the benefits of mutual funds to investors.

  • 7/28/2019 Reliance Growth Fund Project

    11/69

    11

    Dayananda Sagar Business School

    RULES OF S.E.B.I.FOR MUTUAL FUND

    PRELIMINARY RULE:-

    1. Short title, Application and Commencement

    a. These regulations may be called the Securities and Exchange Board of India(Mutual Funds) Regulations, 1996.

    b. They shall come into force on the date of their publication in the Official Gazette.2. Definitions

    In these regulations, unless the context otherwise requires :-

    a. "Act" means the Securities and Exchange Board of India Act 1992, (15 of 1992);b. "Advertisement" includes every form of advertising, whether in a publication, by

    display of notices, signs, labels or by means of circulars, catalogues or other

    documents, by an exhibition of.

    c. pictures or photographic films, by way of sound broadcasting or television, or inany other manner;

  • 7/28/2019 Reliance Growth Fund Project

    12/69

    12

    Dayananda Sagar Business School

    Company Profile

  • 7/28/2019 Reliance Growth Fund Project

    13/69

    13

    Dayananda Sagar Business School

    COMPANY PROFILE

    Reliance Capital Asset Management Ltd is a part of the Reliance - Anil Dhirubhai Ambani

    Group, and is ranked among the 25 most valuable private companies in India.

    Reliance Capital is one of India's leading and fastest growing private sector financial services

    companies, and ranks among the top 3 private sector financial services and banking groups, in

    terms of net worth.

    RCL was accredited a Category 1 Merchant banker by the Securities Exchange Board of India

    (SEBI). It had lead managed/co-managed 15 issues of an aggregate value of Rs. 400 crore andhad underwritten 33 issues for an aggregate value of Rs. 550 crore. All these companies were

    listed on various exchanges.

    RCL obtained its registration as a Non-banking Finance Company (NBFC) in December 1998. In

    view of the regulatory requirements RCL surrendered its Merchant Banking License.

    RCL has since diversified its activities in the areas of asset management and mutual fund; life

    and general insurance; consumer finance and industrial finance; stock broking; depository

    services; private equity and proprietary investments; exchanges, asset reconstruction; distribution

    of financial products and other activities in financial services.

    The Reliance Anil DhirubhaiAmbani Group is one of India's top 2 business houses, and has a

    market capitalization of over Rs.2,90,000 crore (US$ 75 billion), net worth in excess of

    Rs.55,000 crore (US$ 14 billion), cash flows of Rs. 11,000 crore (US$ 2.8 billion) and net profit

    of Rs. 7,700 crore (US$ 1.9 billion).

  • 7/28/2019 Reliance Growth Fund Project

    14/69

    14

    Dayananda Sagar Business School

    VISION

    Reliance Capital's vision is that:

    By 2015, it will be a company that is known as:

    "The most profitable, innovative, and most trusted financial services company in India and in

    the emerging markets".

    In achieving this vision, the company will be both customer-centric and innovation-driven.

    Business Overview

    Reliance Capital, a constituent of CNX Nifty Junior and MSCI India, is a part of the Reliance

    Group. It is one of India's leading and amongst most valuable financial services companies in the

    private sector.

    Reliance Capital has interests in asset management and mutual funds; life and general insurance;

    commercial finance; equities and commodities broking; investment banking; wealth management

    services; distribution of financial products; exchanges; private equity; asset reconstruction;

    proprietary investments and other activities in financial services.

    Reliance Mutual Fund is amongst top two Mutual Funds in India with over seven million

    investor folios. Reliance Life Insurance and Reliance General Insurance are amongst the leading

    private sector insurers in India. Reliance Securities is one of Indias leading retail broking

    houses. Reliance Money is one of Indias leading distributors of financial products and services.

    Reliance Capital has a net worth of Rs. 11,696 crore (US$ 2.3 billion) and total assets of Rs.

    35,344 crore (US$ 6.9 billion) as on March 31, 2012.

  • 7/28/2019 Reliance Growth Fund Project

    15/69

    15

    Dayananda Sagar Business School

    Business mix of Reliance Capital

    Asset Management Mutual Fund, Offshore Fund, Pension fund, Portfolio Management

    Insurance Life Insurance, General Insurance

    Commercial

    Finance

    Mortgages, Loans against Property , SME Loans, Loans for Commercial

    Vehicles, Loans for Construction Equipment, Auto Loans, Business

    Loans, Infrastructure financing

    Broking and

    Distribution

    Equities, Commodities and Derivatives, Wealth Management Services,

    Portfolio Management Services, Investment Banking, Foreign

    Exchange, Third Party Products

    Other Businesses Exchanges, Private Equity, Institutional Broking, Asset Reconstruction,

    Venture Capital

    Reliance Mutual Fund

    Reliance Mutual Fund (RMF) is amongst top two Mutual Funds in India, with Average Assets

    Under Management (AAUM) of Rs. 78,112 crore (US$ 15.3 billion) for the quarter ended March

    31, 2012.

    RMF offers a well-rounded portfolio of products that meet varying investor requirements.

    Reliance Mutual Fund constantly endeavors to launch innovative products and customer service

    initiatives to increase value to investors.

    RMF has nearly seven million investor folios and a wide distribution network with presence in

    over 250 branches across India. In addition it has offices in Dubai, Singapore, Mauritius and UK.

  • 7/28/2019 Reliance Growth Fund Project

    16/69

    16

    Dayananda Sagar Business School

    Chairman's Profile

    Shri Anil D. Ambani, regarded as one of the foremost corporate leaders of contemporary India,

    Shri Anil D. Ambani, is the Chairman of Reliance Capital Limited, Reliance Infrastructure

    Limited, Reliance Communications Limited and Reliance Power Limited. He is also on the

    Board of Reliance Infratel Limited and Reliance Anil DhirubhaiAmbani Group Limited. He is

    the President of the DhirubhaiAmbani Institute of Information and Communication Technology,

    Gandhinagar, Gujarat.

    An MBA from the Wharton School of the University of Pennsylvania, ShriAmbani is credited

    with pioneering several path-breaking financial innovations in the Indian capital markets. He

    spearheaded the countrys first forays into overseas capital markets with international publicofferings of global depositary receipts, convertibles and bonds. Under his Chairmanship, the

    constituent companies of the Reliance Group have raised nearly US$ 7 billion from global

    financial markets in a period of less than 3 years.

    He is currently a member of :

    Wharton Board of Overseers, The Wharton School, USA Board of Governors, Indian Institute of Management (IIM), Ahmedabad Executive Board, Indian School of Business (ISB), Hyderabad

    In June 2004, ShriAmbani was elected as an Independent member of the RajyaSabha Upper

    House, Parliament of India, a position he chose to resign voluntarily on March 29, 2006.

    Select Awards and Achievements

    Awarded by Light Readings as the Person of the Year 2008 for outstandingachievements in the communication industry.

    Voted 'the Businessman of the Year' in a poll conducted by The Times of India TNS,December, 2006.

    Voted the 'Best role model' among business leaders in the biannual Mood of the Nationpoll conducted by India Today magazine, August 2006.

  • 7/28/2019 Reliance Growth Fund Project

    17/69

    17

    Dayananda Sagar Business School

    Conferred 'the CEO of the Year 2004' in the Platts Global Energy Awards. Conferred The Entrepreneur of the Decade Award by the Bombay Management

    Association, October 2002.

    Awarded the First Wharton Indian Alumni Award by the Wharton India EconomicForum (WIEF) in recognition of his contribution to the establishment of Reliance as a

    global leader in many of its business areas, December, 2001.

    Top Management Profile

    Reliance Capital is anchored by a team of experienced and committed visionaries who are

    dedicated towards scaling the company to greater heights through innovation and excellence;

    thereby creating value for all our stakeholders.

    AmitBapna (Chief Financial Officer, Reliance Capital)

    ArunHariharan (President, Quality and Knowledge Management, Reliance Capital)

    K. Achuthan (Chief People Officer, Reliance Capital)

    K. V. Srinivasan (Chief Executive Officer, Reliance Commercial Finance)

    LavChaturvedi (Chief Risk Officer, Reliance Capital)

    MadhusudanKela (Chief Investment Strategist, Reliance Capital)

    Malay Ghosh (Executive Director & President, Reliance Life Insurance Company)

    Rajnikant Patel (President and Chief Executive Officer, Reliance Spot Exchange)

    Sam Ghosh (Chief Executive Officer, Reliance Capital)

    SandeepPhanasgaonkar (Chief Technology Officer, Reliance Capital)

    Sanjay Jain (Chief Marketing Officer, Reliance Capital)

    SundeepSikka (Chief Executive Officer, Reliance Capital Asset Management)

    Rakesh Jain (Chief Executive Officer, Reliance General Insurance)

  • 7/28/2019 Reliance Growth Fund Project

    18/69

    18

    Dayananda Sagar Business School

    Vikrant Gugnani (Chief Executive Officer, International Business- Reliance Capital)

    V. R. Mohan (President and Company Secretary )

    Board of Directors

    KanuDoshi SushilTripathi Manu Chadha SoumenGhosh

    Management Team

    SundeepSikka CEO HimanshuVyapak Deputy CEO Sunil B. Singhania Head - Equity Investments Amitabh Mohanty Head - Fixed Income

    Equity Fund Managers

    Shailesh Raj Bhan Ashwani Kumar KrishanDaga Omprakash S. Kuckian GovindAgrawal

    Debt Fund Managers

    AmitTripathi Prashant Pimple

    AnjuChhajer

    Commodities

    HirenChandaria Fund Manager

  • 7/28/2019 Reliance Growth Fund Project

    19/69

    19

    Dayananda Sagar Business School

    Head of Departments

    Pradeep Andrade Infrastructure & Admin Milind Gandhi Chief Financial Officer Rajesh Derhgawen Head - HR, Admin & Infrastructure VinayNigudkar Information Technology Bhalchandra Joshi Head - Service Delivery & Investor Relations GeetaChandran Operations & Settlement MuneeshSud Legal, Secretarial & Compliance Sanjay Kumar Singh Head - Product Development

    Zonal Heads

    Gurbir Chopra Northern Zone Head AashwinDugal Western Zone Head GopalKhaitan Southern Zone Head

    VikasRathie Eastern Zone Head

  • 7/28/2019 Reliance Growth Fund Project

    20/69

    20

    Dayananda Sagar Business School

    COMPETITORS

  • 7/28/2019 Reliance Growth Fund Project

    21/69

    21

    Dayananda Sagar Business School

  • 7/28/2019 Reliance Growth Fund Project

    22/69

    22

    Dayananda Sagar Business School

    OBJECTIVE & SCOPE

  • 7/28/2019 Reliance Growth Fund Project

    23/69

    23

    Dayananda Sagar Business School

    OBJECTIVE

    1. To analyze the benefits from Reliance Mutual Fund investment against banks and insurance

    2. To analyse investment option provided by Reliance Mutual fund.

    3. To Study the awareness of mutual funds in Nagpur .

    4.The main objective of this project is concerned with getting the opinion of people

    regarding Mutual Funds, to target them and create awareness while with the generation of

    leads.

    5. I have tried to explore the general opinion about Mutual Funds. It also covers why not

    investors are availing the services of financial advisors.

    SCOPE

    In my project the scope is limited to some prominent mutual funds in the mutual fund industry. I

    analyzed the funds depending on their schemes like equity, income, balance. But there is so

    many other schemes in mutual fund industry like specialized (Banking, Infrastructure, Pharma)

    funds, index funds etc.

    My study is mainly concentrated on equity schemes, the returns, in income schemes therating of

    CRISIL, ICRA and other credit rating agencies.

  • 7/28/2019 Reliance Growth Fund Project

    24/69

    24

    Dayananda Sagar Business School

    RESEARCHMETHODOLOGY

  • 7/28/2019 Reliance Growth Fund Project

    25/69

    25

    Dayananda Sagar Business School

    Collection of Data

    Primary Data:

    The Primary data is collected from bank because Reliance have a tie-up with nationalized banks

    like Central bank of India, bank of India, cosmos bank, Andhra Bank etc.

    Sample size

    I have taken 150 samples out of 150 samples 54 have responded to my survey and rest of 96 are

    not aware of mutual funds.

    Secondary data

    Published data are available in:

    Publications of central, state and local newspapers

    Publication of foreign government or of international bodies

    Technical or trade journals

    Books, magazines and newspapers and Internet

    Public record and statistics, historical documents and sources of public information.

    Sample Frame:-List of Clients of bank.

    Scaling Technique:-Scaling is a process creating a continuum on which measured objects

    are located. For this project following scaling technique is used.

  • 7/28/2019 Reliance Growth Fund Project

    26/69

    26

    Dayananda Sagar Business School

    Ordinal scale:-

    A ranking scale in which numbers are assigned to the objects to indicate the

    relative extent to which some characteristics is possessed. Thus it is possible to know

    whether an object has more of a characteristics than some other object e.g. Quality

    ranking

    Analysis of data:-

    By preparing charts and tables from the data

    The data analysis is done on the basis of Rate of return of the each company

  • 7/28/2019 Reliance Growth Fund Project

    27/69

    27

    Dayananda Sagar Business School

    DATA ANALYSIS&

    INTEPRETATION

  • 7/28/2019 Reliance Growth Fund Project

    28/69

    28

    Dayananda Sagar Business School

    Data Analysis Methods

    Data analysis methods vary considerably from and even within the types of

    research designs. Some methods, such as single-subject designs, do not necessarily

    need a statistical analysis to convey experimental control over the dependent

    variables. Most quantitative designs, such as randomized trials and many quasi-

    experimental designs, require statistical analysis. The statistical analysis templates

    cover quantitative methods and include the following design and analysis

    combinations:

    According to my analysis the following reasons are where they get whole details.

    What are the benefits the people will get complete knowledge in mutual funds.

    And following are the reasons and benefits by the Reliance mutual fund.

  • 7/28/2019 Reliance Growth Fund Project

    29/69

    29

    Dayananda Sagar Business School

    DATA ANALYSIS AND INTERPRETATION

    TABLE AND CHART 1

    Table showing the interest rate of respondents towards mutual funds.

    Chart showing the interest of respondents towards mutual funds.

    Analysis

    36% are interested to invest in mutual funds and 64% are not interested because mojority ofthe people trust on other investments.

    There may be so many cause behind it like having lack of appropriate knowledge regardingmutual funds.

    Yes

    36%

    No

    64%

    Other

    64%

    Chart Title

    Yes No

    Yes No

    Responds 54 96

    Percentage 36 64

  • 7/28/2019 Reliance Growth Fund Project

    30/69

    30

    Dayananda Sagar Business School

    TABLE AND CHART 2

    Table showing the reason for not investing in mutual funds of respondents towards mutual

    funds.

    Reasons RespondsLack of knowledge about mutual funds 73

    Enjoys investing in other options 34

    Its benefits are not enough to drive you forinvestment

    15

    No trust over the fund managers 28

    Chart showing the the reason for not investing in mutual funds of respondents towards

    mutual funds

    Analysis

    73

    34

    15

    28

    0

    10

    20

    30

    40

    5060

    70

    80

    Lack of knowledge

    about mutual

    funds/insurance

    Enjoys investing in

    other options

    Its benefits are not

    enough to drive you

    for investment

    No trust over the

    fund managers

    Responds

    Responds

  • 7/28/2019 Reliance Growth Fund Project

    31/69

    31

    Dayananda Sagar Business School

    Maximum primary customer has lack of awareness about mutual funds because people are

    interested in enjoying in other option or has no trust according to my analysis.

    And the people don't want to take risk investing in mutual funds.

    TABLE AND CHART 3

    Table showing the do you find yourself, a mutual fund investor or an insurance policy

    owner of respondents towards mutual funds.

    .

    Responses Responds

    Totally ignorant 43

    Partial knowledge of mutual funds 51

    Aware only of any specific scheme in whichyou invested

    30

    Fully aware 26

  • 7/28/2019 Reliance Growth Fund Project

    32/69

    32

    Dayananda Sagar Business School

    Chart showing the the reason for not investing in mutual funds of respondents towards

    mutual funds

    Analysis:

    In the view of most of the respondents,have Partial knowledge of mutual funds but they don'tknow the benefits of the same. And 43 respondance are not interested in mutual funds.my aim is

    to make them understand and create awareness to them. Because they believe in banks and other

    investments only.

    TABLE AND CHART 4

    0

    10

    20

    30

    40

    50

    60

    Totally

    ignorant Partial

    knowledge ofmutual funds

    Aware only ofany specific

    scheme in

    which you

    invested

    Fully aware

    43 51

    30

    26Responds

  • 7/28/2019 Reliance Growth Fund Project

    33/69

    33

    Dayananda Sagar Business School

    Table showing the which is the most suitable stage to invest in mutual funds

    Responses RespondsYoung unmarried stage 56Young Married with children stage 32

    Married with older children stage 28

    Pre-retirement stage 34

    Chart showing the which is the most suitable stage to invest in mutual funds

    Interpretation:

    According to my survey young married stage people are interested to invest i.e.. 56out of 150 are interested to invest in investments.

    The young which are married and have children who show interest are only 32 out of150.

    The pre retirement people contribute about 34 of 150 . Whereas married with younger are the least number with only 28 . It show younger

    and unmarried have more interest in investments.

    56

    32

    28

    34

    0

    10

    20

    30

    40

    50

    60

    Young unmarried

    stage

    Young Married with

    children stage

    Married with older

    children stage

    Pre-retirement

    stage

    Responds

    Responds

  • 7/28/2019 Reliance Growth Fund Project

    34/69

    34

    Dayananda Sagar Business School

    TABLE AND CHART 5

    Table showing the kind of investments you prefer most

    Chart showing the kind of investments you prefer most

    Saving account

    33%

    Fixed deposits

    18%

    Insurance

    11%

    Mutual Funde.

    13%

    Post Office-NSC,

    9%

    Shares/Debenture

    s

    2%

    Gold/ Silver8%

    Real Estate

    5%

    PF

    1%Response

    Response

    Saving account 53

    Fixed deposits 29

    Insurance 18

    Mutual Funde. 20

    Post Office-NSC, 14

    Shares/Debentures 3

    Gold/ Silver 13

    Real Estate8

    PF 2

  • 7/28/2019 Reliance Growth Fund Project

    35/69

    35

    Dayananda Sagar Business School

    Interpretaion:

    According to the graph shown above the people are interested more in saving accountrather than in other areas with considerable amount of 58 out of 150 and whereas

    others account less in number.

    TABLE AND CHART 6

    Table showing the investing your money, which factor you prefer most

    Response

    Liquidity 21Low Risk 69

    High Return 32

    Company reputation 28

    Chart showing the investing your money, which factor you prefer most

    Liquidity, 21

    Low Risk ,

    69

    High Return ,

    32

    Company

    reputation, 28

  • 7/28/2019 Reliance Growth Fund Project

    36/69

    36

    Dayananda Sagar Business School

    Interpretation:

    As the human intention shows that most of the investors are not ready to take risk. Asto quantify that almost 69 out of 150 have selected low risk investments in real time.

    Where as company reputation, high returns and liquidity are 28,32 and 21 respectively

    with liquidity at the last position.

    TABLE AND CHART 7

    Table showing why not invested in Mutual Fund by the respondents

    Responds

    Not aware of MF 52

    Higher risk 27

    Not any specific reason 17

    Table showing why not invested in Mutual Fund by the respondents

    Not aware of MF

    , 52Higher risk

    , 27

    Not any

    specific

    reason, 17

    Responds

    Not aware of MF

    Higher risk

    Not any specific reason

  • 7/28/2019 Reliance Growth Fund Project

    37/69

    37

    Dayananda Sagar Business School

    Interpretation

    According to pie chart table we can analysis that:

    1) 52 Out of 96 are lack of knowledge regarding the mutual funds2) 27 out of 96 is thinking are investing mutual funds are high risk.3) Among 96,17 are not at all given any specification reasons why they are nor investing in mutual

    funds.

    TABLE AND CHART 8

    Table showing In which Mutual Fund respondents have invested.

    Responds

    SBIMF 10

    UTI 6

    HDFC 14

    Reliance 14

    ICICI prudential funds 5

    JM mutual fund 2

    Other. Specify 4

    Chart showing In which Mutual Fund respondents have invested.

    10

    6

    14

    14

    5

    2

    0 2 4 6 8 10 12 14 16

    SBIMF

    UTI

    HDFC

    Reliance

    ICICI prudential funds

    JM mutual fund

    Responds

    Responds

  • 7/28/2019 Reliance Growth Fund Project

    38/69

    38

    Dayananda Sagar Business School

    Interpretation According to pie chart table we can analysis that:

    1) In my analysis Reliance and HDFC are in frist place.Its one of close competetors foreach other in mutual fund.Both are 14 each out of 56 respondends.

    2) Other companies like SBI,JM,ICICI,UTI has given least importance by therespondance.

    As per last performance by these companies has given less retunes there investers.

    TABLE AND CHART 9

    Table showing in Mutual Funds which mode of investment will respondents

    prefer

    Responses

    One Time Investment 19

    Systematic Investment Plan (SIP) 35

    Chart showing in Mutual Funds which mode of investment will respondents prefer

    One Time

    Investment ,

    19Systematic

    Investment Plan

    (SIP), 35

  • 7/28/2019 Reliance Growth Fund Project

    39/69

    39

    Dayananda Sagar Business School

    Interpretation

    According to pie chart table we can analysis that:

    1) 35 Out of 54 are among with Systematic investment plan becauseIt can be done in monthly

    2) 19 are interested in lump sum amount among 96.means3) By Systematic invesment plans invester can invest there money by monthly basis.it

    can reduce the burden of the invester and gives better results.

    TABLE AND CHART 10

    Table showing in which Mutual Funds sector respondents are investing

    Responds

    General 4

    Oil and petroleum 5

    Gold fund 18

    Diversified equity fund 3

    Power sector 5

    Debt fund 0

    Banking fund 11

    Real estate fund 8

    Chart showing in which Mutual Funds sector respondents are investing

    General

    , 4Oil and petroleum,

    5

    Gold fund, 18

    Diversifiedequity fund, 3

    Power

    sector, 5Debt fund, 0

    Banking fund, 11

    Real estate

    fund, 8

  • 7/28/2019 Reliance Growth Fund Project

    40/69

    40

    Dayananda Sagar Business School

    Interpretation: -

    1) As per my analysis as above we can say that in mutual fund investers are interested ingold fund.because it gives one of the best retunes than any other retures

    2) 11 Out of 54 are interested in banking fund as it gives ever green retuns.3) Real estate fund plays an third place in as per respondents4) TABLE AND CHART 105) Table showing in which sector respondents are working

    Responses

    Govt. Sec 14

    Pvt. Sec 12

    Business 21

    Agriculture 3Others 4

    Chart Showing in which sector respondents are working

    Analysis:-

    1) Majority of respondents are related to business field means 21 out of 54.2) As per data above next respondents are related to government sector, private sector,agriculture sector are 14,12,3 respectively.

    14

    12

    21

    3

    4

    0 5 10 15 20 25

    Govt. Sec

    Pvt. Sec

    Business

    Agriculture

    Others

    Responses

    Responses

  • 7/28/2019 Reliance Growth Fund Project

    41/69

    41

    Dayananda Sagar Business School

    TABLE AND CHART 11

    Table showing the monthly income of respondents

    Responses

    Up toRs.10,000 5

    Rs. 10,001 to 15,000 10

    Rs. 15,001 to 20,000 9

    Rs. 20.001 to 30,000 13

    Rs. 30.001 and above 17

    Chart showing the monthly income of respondents

    Analysis

    1)31% Out of 100 are related to 30001 and above salary respondents in the above Chart.

    2) 24% out of 100 to 20001 to 30000 salary respondents in the above Chart.

    3)19% out of 100 to 10000 to 15001 salary respondents in the above Chart.

    4)17% out of 100 to 10000 to 15000 salary respondents in the above Chart

    Up toRs.10,000

    9%

    Rs. 10,001 to

    15,00019%

    Rs. 15,001 to

    20,000

    17%Rs. 20.001 to

    30,000

    24%

    Rs. 30.001 and

    above

    31%

    Responses

  • 7/28/2019 Reliance Growth Fund Project

    42/69

    42

    Dayananda Sagar Business School

    From all the above analysis the interpretation that I have come up

    with is as follows:-

    Interpretation of data

    REASON FOR INVEST IN MUTUAL FUND

    SR

    N

    O

    POINTS REASONS COMPARE WITH

    BANK

    COMPARE WITH

    SHARE MARKET

    1. EASE OF

    SELECTION

    You can select from

    thousands of funds and

    you can get information

    on them easily.

    There are limited

    schemes for selection.

    Like - Fixed deposit,

    Recurring deposit, gold

    schemes.

    It is not easy to choose

    any proper company to

    invest in the equity.

    Like - Equity shares,

    preference share.

    2. ABEGIN SMALL Most mutual funds will

    let you start with

    Rs.5000, and if you set it

    up for Systematic

    Investment Plan, some

    will let you start with

    only Rs.100.

    The amount of fixed

    deposit should be

    minimum Rs.5000.

    It has start with less

    investment if shares are

    available in the market.

    3. CONVENIENT Easy to buy and sell of

    fund, easy to getinformation online.

    There is no one option

    available to checkinvesting amount on

    bank online process.

    Investor can buy and

    sell shares online.

    4. PROFESSIONAL

    MANAGEMENT

    An investor who lacks

    the time or knowledge to

    manage their own

    investments can turn to

    the mutual fund and let a

    professional handle all

    There are schemes made

    by fund manager only

    once and its not flexible

    in the schemes in the

    bank.

    In the share market

    there are not any

    schemes or fund.

  • 7/28/2019 Reliance Growth Fund Project

    43/69

    43

    Dayananda Sagar Business School

    the securities, analysis,

    and questions of when to

    buy or sell for them.

    5. INCREASES THE

    OPPORTUNITIES

    Investment in a mutual

    fund really means you

    are a part owner in a

    pooled diversification,

    managed by

    professionals and able to

    take advantage of

    investments through this

    alliance that you could

    never afford on your

    own.

    There are no

    opportunities to added

    extra fund in the existing

    schemes.

    The opportunities

    should be getting on the

    basis of up and down

    market condition and it

    will be done in short

    period of time.

    6. LOWER YOUR

    RISK

    Mutual funds diversify

    your portfolio by

    investing in a number of

    securities and so spread

    the risk out into more

    baskets.

    There is no risk but get

    less return.

    In the share market

    there has high risk to

    invest in the market.

    7. CHOICES Mutual Funds investors

    have many thousands of

    options to choose from.

    You can make choices

    based on those grounds

    as well as the financial

    stability of the fund itself

    and your particular

    financial plan.

    The bank scheme should

    be limited and over a

    long period of time.

    There are limited

    choices to invest in the

    share market.

    8. DIVERSIFICATION A broad-based growth

    fund typically invests in

    dozens of companies in

    different industries,

    sometimes even in

    There is no

    diversification available

    in the bank scheme.

    There should not be

    diversifying his shares

    to other shares.

  • 7/28/2019 Reliance Growth Fund Project

    44/69

    44

    Dayananda Sagar Business School

    different countries

    around the world.

    9. TRANSPARENCY As an investor, you get

    updates on the value of

    your units, information

    on specific investments

    made by the mutual fund

    and the fund manager's

    strategy and outlook.

    The bank not informing

    about the update to the

    customer.

    In the share market they

    updating every minutes

    his share prices with

    help of 5 working days.

    10. LIQUID ASSETS Mutual funds can be

    bought or sold on any

    day the market is doing

    business. The money can

    be in your hands in a

    matter of a few days.

    There are not get liquidity

    of schemes in the banks.

    Shares can be liquid

    quickly with the help

    of Demat A/C.

    11. RETURNS In mutual fund there is

    low risk and generate

    high returns.

    In the field of bank there

    is no risk but less returns.

    In the share market

    there is high risk and

    returns should be

    depending on the

    market.

  • 7/28/2019 Reliance Growth Fund Project

    45/69

    45

    Dayananda Sagar Business School

    I have given detailed information and retunes that generate from last 5 years detail reliance

    equity Diversified fund that is Reliance Growth funds in following. So that people will get

    awareness about the same.

    Equity: Diversified Mid Cap & Small Cap

    Reliance Growth Fund

    Nature :Open-ended Equity Growth Scheme

    Investment Objective:

    The primary investment objective of the scheme is to achieve long term growth of capital by

    investing in equity and equity related securities through a research based investment

    approach.

    Date of Allotment:08/10/1995

    Inception Date:08/10/1995

    Quarterly AAUM (Rs. in Crores):5557 ( 30/06/2012 )

    Minimum Investment:

    Retail Plan- Rs 5000 and in multiples of Re. 1 thereafter

    IP Plan- Rs 5 cr and in multiples of Re. 1 thereafter

    Fund Manager: SunilSinghania

    Entry Load* :

    Retail PlanNot Applicable

    Institutional PlanNot Applicable

    Exit Load (w.e.f. from 24th Aug 2009)

  • 7/28/2019 Reliance Growth Fund Project

    46/69

    46

    Dayananda Sagar Business School

    Retail Plan & Institutional Plan

    - 1% if redeemed or switched out on or before completion of 1 year from the date of

    allotment of units

    - Nil if redeemed or switched out after completion of 1 year from the date of allotment of

    units

    Benchmark: BSE100

    *In terms of SEBI circular no. SEBI/IMD/CIR No.4/ 168230/09 dated June 30, 2009, no

    entry load will be charged byThe Scheme to the investor effective August 1, 2009. Upfront

    commission shall be paid directly by the investor to theAMFI registered Distributors basedon

    the investors' assessment of various factors including the service rendered by theDistributor.

    Disclaimers

    The views expressed herein constitute only the opinions and do not constitute any guidelines

    or recommendation on any course ofaction to be followed by the reader. This information

    is meant for general reading purposes only and is not meant to serve as aprofessional guide

    for the readers. Certain factual and statistical (both historical and projected) industry andmarket data and other information was obtained by RCAM from independent, third-party

    sources that it deems to be reliable, some of which have been cited above. However,

    RCAM has not independently verified any of such data or other information, or the

    reasonableness of the assumptions upon which such data and other information was based,

    and there can be no assurance as to the accuracy of such data and other information. Further,

    many of the statements and assertions contained in these materials reflect the belief of

    RCAM, which belief may be based in whole or in part on such data and other information.

    The Sponsor, the Investment Manager, the Trustee or any of their respective directors,

    employees, affiliates or representatives do not assume any responsibility for, or warrant the

    accuracy, completeness, adequacy and reliability of such information. Whilst no action has

    been solicited based upon the information provided herein, due care has been taken to ensure

    that the facts are accurate and opinions given are fair and reasonable. This information is not

    intended to be an offer or solicitation for the purchase or sale of any financial product or

    instrument. Readers are advised to seek independent professional advice, verify thecontents and arrive at an informed investment decision before making any investments.

  • 7/28/2019 Reliance Growth Fund Project

    47/69

    47

    Dayananda Sagar Business School

    None of the Sponsor, the Investment Manager, the Trustee, their respective directors,

    employees, affiliates or representatives shall be liable for any direct, indirect, special,

    incidental, consequential, punitive or exemplary damages, including lost profits arising in any

    way from the information contained in this material.

    The Sponsor, the Investment Manager, the Trustee, any of their respective directors,

    employees including the fund managers, affiliates, representatives including persons

    involved in the preparation or issuance of this material may from time to time, have long or

    short positions in, and buy or sell the securities thereof, of company(ies) / specific economic.

    Statutory Details: Reliance Mutual Fund has been constituted as a trust in accordance with

    the provisions of the Indian Trusts Act, 1882. Sponsor: Reliance Capital Limited. Trustee:

    Reliance Capital Trustee Co. Limited. Investment Manager: Reliance Capital

    Asset Management Limited (Registered Office of Trustee & Investment

    Manager: 'H' Block,1st Floor, DhirubhaiAmbani Knowledge City, Koparkhairne, Navi

    Mumbai - 400 710, Maharashtra. . The Sponsor, the Trustee and the Investment

    Manager are incorporated under the Companies Act 1956. The Sponsor is not responsible or

    liable for any loss resulting from the operation of the Scheme beyond their initial contribution

    of Rs.1 lakh towards the setting up of the Mutual Fund and such other accretions andadditions to the corpus.

    Investment Objective: The primary investment objective of the scheme is to achieve long

    term growth of capital by investment in equity and equity related securities through a

    research based investment approach. However, there can be no assurance that the investment

    objective of the Scheme will be realized, as actual market movements may be at variance with

    anticipated trends.Terms of Issue: The NAV of the Scheme will be calculated and declared on

    every working day. The Scheme provides sale/ switch -in &repurchase /switch - out facility

    on all Business Days at NAV based prices

    Risk Factors: Mutual Funds and securities investments are subject to market risks and there is

    no assurance or guarantee that the objectives of the Scheme will be achieved. As with any

    investment in securities, the NAV of the Units issued under the Scheme can go up or down

    depending on the factors and forces affecting the capital markets.

    Reliance Growth Fund is only the name of the Scheme and does not in any manner

    indicate either the quality of the Scheme, its future prospects or returns. Past performance of

  • 7/28/2019 Reliance Growth Fund Project

    48/69

    48

    Dayananda Sagar Business School

    the Sponsor/AMC/Mutual Fund is not indicative of the future performance of the Scheme. The

    NAV of the Scheme may be affected, interalia, by changes in the market conditions, interest

    rates, trading volumes, settlement periods and transfer procedures. For details of scheme

    features and for Scheme specific risk factors, please refer to the Scheme Information

    Document which is available at all the DISC / Distributors / www.reliancemutual.com.

    Please read the Scheme Information Document and Statement of Additional Information

    carefully before investing.

    PORTFOLIO COMPOSITION AS ON 30TH JUNE 2012

  • 7/28/2019 Reliance Growth Fund Project

    49/69

    49

    Dayananda Sagar Business School

    SECTOR ALLOCATION AS ON 30TH JUNE 2012

    PORTFOLIO OF RELIANCE GROWTH FUND

    As on 30th June 2012

    Holdings Weightage %

    Equities

    Strides Arcolab Ltd 4.99

    ICICI Bank Ltd 4.97

    Divis Laboratories Ltd 4.43

    HCL Technologies Ltd 4.28

    Lupin Ltd 4.27

    State Bank of India 4.15

    Jindal Saw Ltd 3.84

    Gujarat State Fertilizers & Chemicals Ltd 3.59

    Ranbaxy Laboratories Ltd 3.11

    Reliance Industries Ltd 3.03

    Infosys Ltd 3.00

    Financial Technologies India Ltd 2.75

  • 7/28/2019 Reliance Growth Fund Project

    50/69

    50

    Dayananda Sagar Business School

    Federal Bank Ltd 2.72

    Bombay Dyeing & Manufacturing Co Ltd 2.35

    Gujarat Mineral Development Corp Ltd 2.34

    Satyam Computers Ltd. 2.05Indiabulls Financial Services Ltd 2.35

    United Phosphorus Ltd 2.35

    Max India Ltd 1.72

    RadicoKhaitan Ltd 1.82

    United Spirits Ltd 1.86

    Jindal Steel & Power Ltd 2.03

    Tata Motors Ltd 1.97

    Greaves Cotton Ltd 1.88

    Orient Paper & Industries Ltd 1.63

    Larsen & Toubro Ltd 1.52

    Jaiprakash Associates Ltd 1.39

    HT Media Ltd 1.16

    BEML Ltd 1.05

    Maharashtra Seamless Ltd 1.01

    Equity Less Than 1% of Corpus 14.87

    Sub Total of Equities 94.43

    Derivatives, Debt, Cash and Other Receivables 5.57

    Grand Total 100.00

    Top Holdings (Jun 29, 12)

    Equity Sector Value

    (Rscr)

    Asset %

    Strides Arcolab Pharmaceuticals 273.38 4.99

    ICICI Bank Banking/Finance 272.31 4.97

    Divis Labs Pharmaceuticals 242.80 4.43

    HCL Tech Technology 234.64 4.28

    Lupin Pharmaceuticals 233.99 4.27

    SBI Banking/Finance 227.33 4.15

    Jindal Saw Metals & Mining 210.53 3.84

    GSFC Chemicals 196.77 3.59

    Ranbaxy Labs Pharmaceuticals 170.40 3.11

    Reliance Oil & Gas 166.39 3.03

    http://www.moneycontrol.com/india/stockpricequote/pharmaceuticals/strides%20arcolab/SA10&flag=MChttp://www.moneycontrol.com/india/stockpricequote/pharmaceuticals/strides%20arcolab/SA10&flag=MChttp://www.moneycontrol.com/india/stockpricequote/banks%20-%20private%20sector/icici%20bank/ICI02&flag=MChttp://www.moneycontrol.com/india/stockpricequote/banks%20-%20private%20sector/icici%20bank/ICI02&flag=MChttp://www.moneycontrol.com/india/stockpricequote/pharmaceuticals/divis%20laboratories/DL03&flag=MChttp://www.moneycontrol.com/india/stockpricequote/pharmaceuticals/divis%20laboratories/DL03&flag=MChttp://www.moneycontrol.com/india/stockpricequote/computers%20-%20software/hcl%20technologies/HCL02&flag=MChttp://www.moneycontrol.com/india/stockpricequote/computers%20-%20software/hcl%20technologies/HCL02&flag=MChttp://www.moneycontrol.com/india/stockpricequote/pharmaceuticals/lupin/L&flag=MChttp://www.moneycontrol.com/india/stockpricequote/pharmaceuticals/lupin/L&flag=MChttp://www.moneycontrol.com/india/stockpricequote/banks%20-%20public%20sector/state%20bank%20of%20india/SBI&flag=MChttp://www.moneycontrol.com/india/stockpricequote/steel%20-%20tubes/pipes/jindal%20saw/JS08&flag=MChttp://www.moneycontrol.com/india/stockpricequote/fertilisers/gujarat%20state%20fertilizers%20company/GSF&flag=MChttp://www.moneycontrol.com/india/stockpricequote/fertilisers/gujarat%20state%20fertilizers%20company/GSF&flag=MChttp://www.moneycontrol.com/india/stockpricequote/pharmaceuticals/ranbaxy%20laboratories/RL&flag=MChttp://www.moneycontrol.com/india/stockpricequote/pharmaceuticals/ranbaxy%20laboratories/RL&flag=MChttp://www.moneycontrol.com/india/stockpricequote/refineries/reliance%20industries/RI&flag=MChttp://www.moneycontrol.com/india/stockpricequote/refineries/reliance%20industries/RI&flag=MChttp://www.moneycontrol.com/india/stockpricequote/refineries/reliance%20industries/RI&flag=MChttp://www.moneycontrol.com/india/stockpricequote/pharmaceuticals/ranbaxy%20laboratories/RL&flag=MChttp://www.moneycontrol.com/india/stockpricequote/fertilisers/gujarat%20state%20fertilizers%20company/GSF&flag=MChttp://www.moneycontrol.com/india/stockpricequote/steel%20-%20tubes/pipes/jindal%20saw/JS08&flag=MChttp://www.moneycontrol.com/india/stockpricequote/banks%20-%20public%20sector/state%20bank%20of%20india/SBI&flag=MChttp://www.moneycontrol.com/india/stockpricequote/pharmaceuticals/lupin/L&flag=MChttp://www.moneycontrol.com/india/stockpricequote/computers%20-%20software/hcl%20technologies/HCL02&flag=MChttp://www.moneycontrol.com/india/stockpricequote/pharmaceuticals/divis%20laboratories/DL03&flag=MChttp://www.moneycontrol.com/india/stockpricequote/banks%20-%20private%20sector/icici%20bank/ICI02&flag=MChttp://www.moneycontrol.com/india/stockpricequote/pharmaceuticals/strides%20arcolab/SA10&flag=MC
  • 7/28/2019 Reliance Growth Fund Project

    51/69

    51

    Dayananda Sagar Business School

    Sector Allocation (Jun 29, 12)

    Sector %1-Year

    HighLow

    Pharmaceuticals 16.79 16.64 10.97

    Banking/Finance 14.18 19.06 13.51

    Technology 12.07 11.94 8.12

    Metals & Mining 9.21 10.21 7.85

    Chemicals 5.93 7.25 5.45

    Engineering 4.44 4.73 2.03

    Concentration

    Holdings (%)

    Top 5 22.92

    Top 10 40.64

    Sector (%)

    Top 3 43.04

    Asset Allocation (%)(Jun 29, 12)

    Equity 79.56

    Others 14.87

    Debt 0.00

    Mutual Funds N.A

    Money Market 0.00

    Cash / Call 5.57

    Sectoral Allocation

    Sector Value

    (Rs in cr.)

    Qty %

    Pharmaceuticals920.5681 -- 16.79

    Strides Arcolab 273.38 3,686,575.00 4.99

    Divis Laboratories 242.80 2,364,504.00 4.43

    Lupin 233.99 4,341,119.00 4.27

    Ranbaxy Laboratories

    170.40 3,475,164.00 3.11777.7425 -- 14.18

    http://www.moneycontrol.com/india/stockpricequote/pharmaceuticals/stridesarcolab/SA10http://www.moneycontrol.com/india/stockpricequote/pharmaceuticals/stridesarcolab/SA10http://www.moneycontrol.com/india/stockpricequote/pharmaceuticals/divislaboratories/DL03http://www.moneycontrol.com/india/stockpricequote/pharmaceuticals/divislaboratories/DL03http://www.moneycontrol.com/india/stockpricequote/pharmaceuticals/lupin/Lhttp://www.moneycontrol.com/india/stockpricequote/pharmaceuticals/lupin/Lhttp://www.moneycontrol.com/india/stockpricequote/pharmaceuticals/ranbaxylaboratories/RLhttp://www.moneycontrol.com/india/stockpricequote/pharmaceuticals/ranbaxylaboratories/RLhttp://www.moneycontrol.com/india/stockpricequote/pharmaceuticals/ranbaxylaboratories/RLhttp://www.moneycontrol.com/india/stockpricequote/pharmaceuticals/lupin/Lhttp://www.moneycontrol.com/india/stockpricequote/pharmaceuticals/divislaboratories/DL03http://www.moneycontrol.com/india/stockpricequote/pharmaceuticals/stridesarcolab/SA10
  • 7/28/2019 Reliance Growth Fund Project

    52/69

    52

    Dayananda Sagar Business School

    Banking & Financial

    ServicesICICI Bank 272.31 3,027,057.00 4.97

    State Bank of India 227.33 1,052,862.00 4.15

    Federal Bank 149.19 3,327,591.00 2.72

    Indiabulls Financial Services 128.91 5,594,929.00 2.35

    Information Technology661.9421 -- 12.07

    HCL Technologies 234.64 4,927,318.00 4.28

    Infosys 164.37 656,797.00 3.00

    Financial Technologies 150.73 2,044,538.00 2.75

    Mahindra Satyam 112.20 14,302,469.00 2.05

    Metals & Mining504.9348 -- 9.21

    Jindal Saw 210.53 15,906,740.00 3.84

    Gujarat Mineral Development

    Corporation

    128.17 6,892,837.00 2.34

    Jindal Steel & Power 111.11 2,366,593.00 2.03

    Maharashtra Seamless 55.13 1,649,963.00 1.01

    Chemicals325.4048 -- 5.93

    Gujarat State Fertilizers

    Company

    196.77 4,711,404.00 3.59

    United Phosphorous

    128.63 10,249,639.00 2.35

    Engineering & Capital

    Goods

    243.5998 -- 4.44

    Greaves Cotton 103.00 14,610,028.00 1.88

    Larsen and Toubro 83.24 595,673.00 1.52

    BEML 57.36 1,515,929.00 1.05

    Conglomerates

    218.2143 -- 3.98

    Bombay Dyeing and

    Manufacturing Company

    129.07 2,400,562.00 2.35

    Orient Paper and Industries 89.15 15,990,688.00 1.63

    Food & Beverages201.9761 -- 3.68

    United Spirits 102.21 1,490,391.00 1.86

    RadicoKhaitan 99.77 8,483,429.00 1.82

    Oil & Gas166.3904 -- 3.03

    Reliance Industries 166.39 2,256,294.00 3.03

    107.8266 -- 1.97

    http://www.moneycontrol.com/india/stockpricequote/banksprivatesector/icicibank/ICI02http://www.moneycontrol.com/india/stockpricequote/banksprivatesector/icicibank/ICI02http://www.moneycontrol.com/india/stockpricequote/bankspublicsector/statebankindia/SBIhttp://www.moneycontrol.com/india/stockpricequote/bankspublicsector/statebankindia/SBIhttp://www.moneycontrol.com/india/stockpricequote/banksprivatesector/federalbank/FBhttp://www.moneycontrol.com/india/stockpricequote/banksprivatesector/federalbank/FBhttp://www.moneycontrol.com/india/stockpricequote/financegeneral/indiabullsfinancialservices/IFS03http://www.moneycontrol.com/india/stockpricequote/financegeneral/indiabullsfinancialservices/IFS03http://www.moneycontrol.com/india/stockpricequote/computerssoftware/hcltechnologies/HCL02http://www.moneycontrol.com/india/stockpricequote/computerssoftware/hcltechnologies/HCL02http://www.moneycontrol.com/india/stockpricequote/computerssoftware/infosys/IThttp://www.moneycontrol.com/india/stockpricequote/computerssoftware/infosys/IThttp://www.moneycontrol.com/india/stockpricequote/computerssoftware/financialtechnologies/FT02http://www.moneycontrol.com/india/stockpricequote/computerssoftware/financialtechnologies/FT02http://www.moneycontrol.com/india/stockpricequote/computerssoftware/mahindrasatyam/SCShttp://www.moneycontrol.com/india/stockpricequote/computerssoftware/mahindrasatyam/SCShttp://www.moneycontrol.com/india/stockpricequote/steeltubespipes/jindalsaw/JS08http://www.moneycontrol.com/india/stockpricequote/miningminerals/gujaratmineraldevelopmentcorporation/GMDhttp://www.moneycontrol.com/india/stockpricequote/miningminerals/gujaratmineraldevelopmentcorporation/GMDhttp://www.moneycontrol.com/india/stockpricequote/miningminerals/gujaratmineraldevelopmentcorporation/GMDhttp://www.moneycontrol.com/india/stockpricequote/steelspongeiron/jindalsteelpower/JSPhttp://www.moneycontrol.com/india/stockpricequote/steelspongeiron/jindalsteelpower/JSPhttp://www.moneycontrol.com/india/stockpricequote/steeltubespipes/maharashtraseamless/MS02http://www.moneycontrol.com/india/stockpricequote/steeltubespipes/maharashtraseamless/MS02http://www.moneycontrol.com/india/stockpricequote/fertilisers/gujaratstatefertilizerscompany/GSFhttp://www.moneycontrol.com/india/stockpricequote/fertilisers/gujaratstatefertilizerscompany/GSFhttp://www.moneycontrol.com/india/stockpricequote/chemicals/unitedphosphorous/UP04http://www.moneycontrol.com/india/stockpricequote/chemicals/unitedphosphorous/UP04http://www.moneycontrol.com/india/stockpricequote/engines/greavescotton/GC20http://www.moneycontrol.com/india/stockpricequote/engines/greavescotton/GC20http://www.moneycontrol.com/india/stockpricequote/engineeringheavy/larsentoubro/LThttp://www.moneycontrol.com/india/stockpricequote/engineeringheavy/larsentoubro/LThttp://www.moneycontrol.com/india/stockpricequote/engineeringheavy/beml/BEM03http://www.moneycontrol.com/india/stockpricequote/diversified/bombaydyeingmanufacturingcompany/BDMhttp://www.moneycontrol.com/india/stockpricequote/diversified/bombaydyeingmanufacturingcompany/BDMhttp://www.moneycontrol.com/india/stockpricequote/diversified/orientpaperindustries/OPIhttp://www.moneycontrol.com/india/stockpricequote/diversified/orientpaperindustries/OPIhttp://www.moneycontrol.com/india/stockpricequote/breweriesdistilleries/unitedspirits/UShttp://www.moneycontrol.com/india/stockpricequote/breweriesdistilleries/radicokhaitan/RK01http://www.moneycontrol.com/india/stockpricequote/breweriesdistilleries/radicokhaitan/RK01http://www.moneycontrol.com/india/stockpricequote/refineries/relianceindustries/RIhttp://www.moneycontrol.com/india/stockpricequote/refineries/relianceindustries/RIhttp://www.moneycontrol.com/india/stockpricequote/refineries/relianceindustries/RIhttp://www.moneycontrol.com/india/stockpricequote/breweriesdistilleries/radicokhaitan/RK01http://www.moneycontrol.com/india/stockpricequote/breweriesdistilleries/unitedspirits/UShttp://www.moneycontrol.com/india/stockpricequote/diversified/orientpaperindustries/OPIhttp://www.moneycontrol.com/india/stockpricequote/diversified/bombaydyeingmanufacturingcompany/BDMhttp://www.moneycontrol.com/india/stockpricequote/diversified/bombaydyeingmanufacturingcompany/BDMhttp://www.moneycontrol.com/india/stockpricequote/engineeringheavy/beml/BEM03http://www.moneycontrol.com/india/stockpricequote/engineeringheavy/larsentoubro/LThttp://www.moneycontrol.com/india/stockpricequote/engines/greavescotton/GC20http://www.moneycontrol.com/india/stockpricequote/chemicals/unitedphosphorous/UP04http://www.moneycontrol.com/india/stockpricequote/fertilisers/gujaratstatefertilizerscompany/GSFhttp://www.moneycontrol.com/india/stockpricequote/fertilisers/gujaratstatefertilizerscompany/GSFhttp://www.moneycontrol.com/india/stockpricequote/steeltubespipes/maharashtraseamless/MS02http://www.moneycontrol.com/india/stockpricequote/steelspongeiron/jindalsteelpower/JSPhttp://www.moneycontrol.com/india/stockpricequote/miningminerals/gujaratmineraldevelopmentcorporation/GMDhttp://www.moneycontrol.com/india/stockpricequote/miningminerals/gujaratmineraldevelopmentcorporation/GMDhttp://www.moneycontrol.com/india/stockpricequote/steeltubespipes/jindalsaw/JS08http://www.moneycontrol.com/india/stockpricequote/computerssoftware/mahindrasatyam/SCShttp://www.moneycontrol.com/india/stockpricequote/computerssoftware/financialtechnologies/FT02http://www.moneycontrol.com/india/stockpricequote/computerssoftware/infosys/IThttp://www.moneycontrol.com/india/stockpricequote/computerssoftware/hcltechnologies/HCL02http://www.moneycontrol.com/india/stockpricequote/financegeneral/indiabullsfinancialservices/IFS03http://www.moneycontrol.com/india/stockpricequote/banksprivatesector/federalbank/FBhttp://www.moneycontrol.com/india/stockpricequote/bankspublicsector/statebankindia/SBIhttp://www.moneycontrol.com/india/stockpricequote/banksprivatesector/icicibank/ICI02
  • 7/28/2019 Reliance Growth Fund Project

    53/69

    53

    Dayananda Sagar Business School

    AutomotiveTata Motors 107.83 4,454,725.00 1.97

    Manufacturing94.4127 -- 1.72

    Max India 94.41 4,913,491.00 1.72

    Cement & Construction76.4581 -- 1.39

    Jaiprakash Associates 76.46 10,402,460.00 1.39

    Media & Entertainment63.8613 -- 1.16

    HT Media 63.86 6,600,652.00 1.16

    Cash / Call-- -- 5.57

    Others / Unlisted -- -- 14.87

    Fund returns v/s Category average (Diversified Equity)

    1 mth

    (%)3 mth

    (%)6 mth

    (%)1 yr (%) 2 yr (%) 3 yr (%) 5yr (%)

    Fund Returns -1.5 -5.1 -1.9 -10.3 -6.7 5.4 5.0

    Category avg -0.6 -1.8 0.2 -8.5 -3.5 5.6 2.6

    Difference of Fundreturns and Categoryreturns

    -0.9 -3.3 -2.1 -1.8 -3.2 -0.2 2.4

    Best of category 2.4 2.4 8.4 1.5 8.8 19.3 11.7

    Worst of category -3.7 -6.0 -8.8 -19.6 -11.8 -23.5 -16.0

    Benchmark returns # -1.4 -3.0 -2.9 -10.3 -4.8 2.7 1.4

    Difference of Fundreturns andBenchmark returns

    -0.1 -2.1 1.0 0.0 -1.9 2.7 3.6

    Returns (NAV as on Jul-26-2012)

    Period Returns (%) Rank #

    1 mth -1.5 74

    3 mth -5.1 93

    6 mth -1.9 75

    1 year -10.3 64

    2 year -6.7 75

    3 year 5.4 58

    http://www.moneycontrol.com/india/stockpricequote/autolcvshcvs/tatamotors/TM03http://www.moneycontrol.com/india/stockpricequote/autolcvshcvs/tatamotors/TM03http://www.moneycontrol.com/india/stockpricequote/packaging/maxindia/MIhttp://www.moneycontrol.com/india/stockpricequote/packaging/maxindia/MIhttp://www.moneycontrol.com/india/stockpricequote/constructioncontractingcivil/jaiprakashassociates/JA02http://www.moneycontrol.com/india/stockpricequote/constructioncontractingcivil/jaiprakashassociates/JA02http://www.moneycontrol.com/india/stockpricequote/mediaentertainment/htmedia/HThttp://www.moneycontrol.com/india/stockpricequote/mediaentertainment/htmedia/HThttp://www.moneycontrol.com/mutual-funds/performance-tracker/returns/diversified-equity.htmlhttp://www.moneycontrol.com/mutual-funds/performance-tracker/returns/diversified-equity.htmlhttp://www.moneycontrol.com/mutual-funds/performance-tracker/returns/diversified-equity.htmlhttp://www.moneycontrol.com/mutual-funds/performance-tracker/returns/diversified-equity.htmlhttp://www.moneycontrol.com/india/stockpricequote/mediaentertainment/htmedia/HThttp://www.moneycontrol.com/india/stockpricequote/constructioncontractingcivil/jaiprakashassociates/JA02http://www.moneycontrol.com/india/stockpricequote/packaging/maxindia/MIhttp://www.moneycontrol.com/india/stockpricequote/autolcvshcvs/tatamotors/TM03
  • 7/28/2019 Reliance Growth Fund Project

    54/69

    54

    Dayananda Sagar Business School

    5 year 5.0 32

    Rank within 101Diversified Equity Schemes.

    Absolute Returns (in %)

    Year Qtr 1 Qtr 2 Qtr 3 Qtr 4 Annual

    2012 19.0 -3.4 - - -

    2011 -8.9 -2.5 -9.3 -9.4 -27.9

    2010 1.8 3.4 11.6 -3.4 16.1

    2009 -6.2 54.7 19.9 -0.2 93.5

    2008 -30.0 -9.2 -3.6 -23.6 -54.6

    2007 -3.9 22.1 12.5 33.2 74.7\\\\\\

    http://www.moneycontrol.com/mutual-funds/performance-tracker/returns/diversified-equity.htmlhttp://www.moneycontrol.com/mutual-funds/performance-tracker/returns/diversified-equity.htmlhttp://www.moneycontrol.com/mutual-funds/performance-tracker/returns/diversified-equity.html
  • 7/28/2019 Reliance Growth Fund Project

    55/69

    55

    Dayananda Sagar Business School

    NAV AS ON 29TH JUNE 2012 Rs.

    Reliance Growth Fund-Growth Plan 421.8321

    Reliance Growth Fund-Bonus Plan 69.9467

    Reliance Growth Fund-Dividend Plan 45.9383

    Reliance Growth Fund-Institutional Growth 426.3228

    Reliance Growth Fund-InstitutionalDividend 406.6740

    Competition

    Diversified

    Equity

    Crisil

    Rank

    Assets

    (Rs.cr)

    Jun-12

    3mth

    (%)

    6mth

    (%)

    1yr

    (%)

    3yr

    (%)

    5yr

    (%)

    HDFC Equity Fund (G) Rank2 9,718.17 -3.2 -0.95 -11.4 34.3 47.0

    Reliance Growth Fund - RP (G) Rank3 5,484.01 -5.1 -1.95 -10.3 17.2 27.9

    ICICI Pru Dynamic Plan (G) Rank2 3,977.36 -0.5 0.45 -5.4 38.2 40.4

    UTI Dividend Yield Fund (G) Rank2 3,540.93 -0.2 -0.55 -6.7 36.7 67.3

    Reliance Equity Oppor - RP (G) Rank1 3,458.10 -0.2 7.55 -1.0 69.7 57.2

    Reliance RSF - Equity (G) Rank3 2,792.24 -1.5 2.55 -10.6 19.2 53.6

    SBI Magnum Contra Fund (G) Rank5 2,662.80 -2.3 2.25 -9.2 5.4 15.3

    Reliance Vision Fund - RP (G) Rank4 2,104.92 -3.4 -0.95 -10.8 16.7 11.9

    UTI Equity Fund (G) Rank1 1,973.17 -- 3.15 -2.9 36.2 51.4

    Franklin India Prima Plus (G) Rank2 1,777.59 -0.8 1.35 -5.0 29.8 34.2

    Franklin (I) Flexi Cap (G) Rank3 1,629.56 -1.5 -1.75 -8.5 24.2 26.4

    Morgan Stanley Growth (G) Rank4 1,207.93 -1.9 1.45 -10.5 9.4 -2.7

    DSP-BR Equity Fund - RP (D)Not

    Rank 1,192.81 -5.3 -1.65 -10.4 28.5 42.9

    HDFC Growth Fund (G) Rank2 1,189.22 -1.7 -1.65 -6.4 33.2 40.4

    DSP-BR Equity Fund - RP (G) Rank3 1,179.55 -5.3 -1.65 -10.3 28.7 43.3

    http://www.moneycontrol.com/mutual-funds/nav/hdfc-equity-fund/MZU001http://www.moneycontrol.com/mutual-funds/nav/hdfc-equity-fund/MZU001http://www.moneycontrol.com/mutual-funds/nav/reliance-growth-fund-retail-plan/MRC008http://www.moneycontrol.com/mutual-funds/nav/reliance-growth-fund-retail-plan/MRC008http://www.moneycontrol.com/mutual-funds/nav/icici-prudential-dynamic-plan/MPI038http://www.moneycontrol.com/mutual-funds/nav/icici-prudential-dynamic-plan/MPI038http://www.moneycontrol.com/mutual-funds/nav/uti-dividend-yield-fund/MUT070http://www.moneycontrol.com/mutual-funds/nav/uti-dividend-yield-fund/MUT070http://www.moneycontrol.com/mutual-funds/nav/reliance-equity-opportunities-fund-retail-plan/MRC089http://www.moneycontrol.com/mutual-funds/nav/reliance-equity-opportunities-fund-retail-plan/MRC089http://www.moneycontrol.com/mutual-funds/nav/reliance-regular-savings-fund-equity-option/MRC098http://www.moneycontrol.com/mutual-funds/nav/reliance-regular-savings-fund-equity-option/MRC098http://www.moneycontrol.com/mutual-funds/nav/sbi-magnum-contra-fund/MSB010http://www.moneycontrol.com/mutual-funds/nav/sbi-magnum-contra-fund/MSB010http://www.moneycontrol.com/mutual-funds/nav/reliance-vision-fund-retail-plan/MRC001http://www.moneycontrol.com/mutual-funds/nav/reliance-vision-fund-retail-plan/MRC001http://www.moneycontrol.com/mutual-funds/nav/uti-equity-fund/MUT009http://www.moneycontrol.com/mutual-funds/nav/uti-equity-fund/MUT009http://www.moneycontrol.com/mutual-funds/nav/franklin-india-prima-plus-fund/MKP003http://www.moneycontrol.com/mutual-funds/nav/franklin-india-prima-plus-fund/MKP003http://www.moneycontrol.com/mutual-funds/nav/franklin-india-flexi-cap-fund/MTE078http://www.moneycontrol.com/mutual-funds/nav/franklin-india-flexi-cap-fund/MTE078http://www.moneycontrol.com/mutual-funds/nav/morgan-stanley-growth-fund/MMS001http://www.moneycontrol.com/mutual-funds/nav/morgan-stanley-growth-fund/MMS001http://www.moneycontrol.com/mutual-funds/nav/dsp-blackrock-equity-fund-regular-plan/MDS003http://www.moneycontrol.com/mutual-funds/nav/dsp-blackrock-equity-fund-regular-plan/MDS003http://www.moneycontrol.com/mutual-funds/nav/hdfc-growth-fund/MHD001http://www.moneycontrol.com/mutual-funds/nav/hdfc-growth-fund/MHD001http://www.moneycontrol.com/mutual-funds/nav/dsp-blackrock-equity-fund-regular-plan/MDS078http://www.moneycontrol.com/mutual-funds/nav/dsp-blackrock-equity-fund-regular-plan/MDS078http://www.moneycontrol.com/mutual-funds/nav/dsp-blackrock-equity-fund-regular-plan/MDS078http://www.moneycontrol.com/mutual-funds/nav/hdfc-growth-fund/MHD001http://www.moneycontrol.com/mutual-funds/nav/dsp-blackrock-equity-fund-regular-plan/MDS003http://www.moneycontrol.com/mutual-funds/nav/morgan-stanley-growth-fund/MMS001http://www.moneycontrol.com/mutual-funds/nav/franklin-india-flexi-cap-fund/MTE078http://www.moneycontrol.com/mutual-funds/nav/franklin-india-prima-plus-fund/MKP003http://www.moneycontrol.com/mutual-funds/nav/uti-equity-fund/MUT009http://www.moneycontrol.com/mutual-funds/nav/reliance-vision-fund-retail-plan/MRC001http://www.moneycontrol.com/mutual-funds/nav/sbi-magnum-contra-fund/MSB010http://www.moneycontrol.com/mutual-funds/nav/reliance-regular-savings-fund-equity-option/MRC098http://www.moneycontrol.com/mutual-funds/nav/reliance-equity-opportunities-fund-retail-plan/MRC089http://www.moneycontrol.com/mutual-funds/nav/uti-dividend-yield-fund/MUT070http://www.moneycontrol.com/mutual-funds/nav/icici-prudential-dynamic-plan/MPI038http://www.moneycontrol.com/mutual-funds/nav/reliance-growth-fund-retail-plan/MRC008http://www.moneycontrol.com/mutual-funds/nav/hdfc-equity-fund/MZU001
  • 7/28/2019 Reliance Growth Fund Project

    56/69

    56

    Dayananda Sagar Business School

    DIVIDEND HISTORY

    Record Date Rate (Re/Unit) Cum Dividend

    NAV

    *Ex- Dividend

    NAV

    21-Mar-00 10.00 40.89 30.90

    18-Feb-03 2.00 22.61 20.67

    18-Jul-03 3.00 27.96 24.47

    9-Oct-03 3.00 34.67 31.80

    18-Dec-03 6.00 41.1 35.28

    12-Mar-04 7.50 34.67 27.17

    19-Oct-04 3.00 33.61 30.37

    24-Dec-04 2.50 37.34 34.91

    29-Mar-05 5.00 36.21 31.80

    19-Dec-05 3.00 50.83 47.63

    29-Mar-06 7.50 57.77 50.90

    30-Oct-06 2.50 55.58 53.08

    12-Mar-07 7.50 54.09 47.16

    17-Aug-07 3.50 54.72 52.04

    19-Mar-08 6.50 54.53 47.42

    20-Mar-09 2.00 29.72 28.60

    31-Oct-09 5.00 53.40 46.98

    30-Mar-10 2.50 56.29 53.84

    24-Mar-11 4.00 53.76 50.61

    23-Mar-12 2.00 48.98 46.35

  • 7/28/2019 Reliance Growth Fund Project

    57/69

    57

    Dayananda Sagar Business School

    Past performance may or may not be sustained in future;

    Dividend distribution is subject to availability & adequacy ofdistributable surplus.

    The Mutual Fund is not assuring that itwill make periodical dividend distributions, though it

    has everyintention of doing so. After the payment of dividend, the per unitNAV falls to the

    extent of the dividend payout and distributiontaxes, if any. Performance of dividend

    plan/option would be netof applicable statutory levy, if any Face value of Rs.10.

    * NAV on the 1st transaction day after Record Date, whichincludes the mark to market

    impact also.

    NAV as at June 29, 2012 (Rs.) 421.8321

    Performance of Reliance Growth Fund - Retail Plan - Growth Option as on 29/06/2012

    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 June29,2012 10.0000 25.05 10.79 9.89 421,832 55,570 48,439

    une 29, 2011 to June 29, 2012 47.6087 -5.76 -6.53 -6.76

    N.A.

    une 29, 2010 to June 29, 2011 56.683 -1.99 4.02 6.61

    une 29, 2009 to June 29, 2010 332.5021 37.35 20.61 18.59

    Since Inception Date - 08/10/1995 # Benchmark - BSE 100 ## Additional BenchmarkBSE SENSEX

    Past performance may or may not be sustained in future and the same may not

    necessarily provide the basis for comparison with other investment. Since inception returns

    (wherever provided) is computed on Compounded Annualized Growth Returns (CAGR)

    basis. For Scheme(s)which has completed more than 3 years, point to point returns for twelve

    month periods for last 3 years is provided basis the last day of thecalendar quarter and are

    computed on absolute basis. In case the scheme(s) which is in existence for more than 1 year

    but less than 3 years point to point returns is provided for as many period as possible, suchperiod being counted from the last day of the calendar quarter and arecomputed on absolute

  • 7/28/2019 Reliance Growth Fund Project

    58/69

    58

    Dayananda Sagar Business School

    basis. Further (wherever applicable), Returns for 7 days, 15 days and 30 days are computed

    on a simple annualized basis Performance of dividend option would be Net of Dividend

    distribution tax, if any. Since inception returns are based on first declared NAV Faceof value

    of scheme is Rs.10/- per unit. Face of Value of Reliance Money Manager Fund is Rs.1000/-

    per unit. Face value of Reliance GoldExchange Traded Fund is Rs.100 per unit. In case, the

    start/end date of the concerned period is non-business day (NBD), the NAV of the

    previousdate is considered for computation of returns.

  • 7/28/2019 Reliance Growth Fund Project

    59/69

    59

    Dayananda Sagar Business School

    SPECIAL FEATURE:Reliance Any Time Money Card

  • 7/28/2019 Reliance Growth Fund Project

    60/69

    60

    Dayananda Sagar Business School

    CONCLUSION

  • 7/28/2019 Reliance Growth Fund Project

    61/69

    61

    Dayananda Sagar Business School

    CONCLUSION

    Mutual Fund investment is better than other raising fund. Reliance Mutual Fund have good returns in investment Reliance Vision Fund. A good brand is always welcomed over here people are more aware and conscious for

    the brand so they go for they are ready to spend some extra bucks for the quality. At last all can be concluded by that Reliance Money is still growing industry in India

    and is still exploring its potential and prospects in here.

    The expectations of the customers are regularly increasing because of the increasingcompetition and emergence of global market.

    In such conditions it becomes very necessary for a company to fulfill all theexpectations of the customers and give them a delightful experience.

    Though reliance money is working very hard in order to do so but there is a gap

    between the expectations and the experiences of the customers which is widening

    regularly.

    This gap has emerged because of the sales oriented focus of reliance mutual fund. In order to increase the sales figures, the company has somewhere ignored the service

    delivery and left the customer on his own. In order to fill this gap, company needs to

    customize its services as it is dealing into financial instruments.

    These financial instruments are risky and it is very essential to make the customer feelthat you are taking care of his money.

    This can be done only if all the services are customized and the system is madetransparent for the customer as well as for the employees.

  • 7/28/2019 Reliance Growth Fund Project

    62/69

    62

    Dayananda Sagar Business School

    LIMITATION

    The time constraint was one of the major problems. People are reluctant towards giving response and take it as a waste of time. Taking appointments was very tough as people were not ready to give their time for a

    survey. Cold callings were not entertained everywhere and thus we were not able to meet all

    the classification of customers.

    Because of the temporary fluctuations in the market it was a tough time talking to thepeople regarding investments.

    People were reluctant towards the products of reliance because of a general perceptionthat reliance always comes with low price but always has hidden charges.

    Language was a hurdle while talking to many of the local people.

    Though these limitations were there but because of the support of the people I havesurveyed and the experience I have gained while preparing for the survey

    presentations of my college, I was able to complete the survey and prepare my project

    report much before the deadline.

  • 7/28/2019 Reliance Growth Fund Project

    63/69

    63

    Dayananda Sagar Business School

    RECOMMENDATIONAND

    SUGGESTION

  • 7/28/2019 Reliance Growth Fund Project

    64/69

    64

    Dayananda Sagar Business School

    RECOMMENDATIONS AND SUGGESTIONS

    After analyzing all the expectations of the customers and the experience they basically get

    while using the product we can a gap between the expectations and the experience. This gapneeds to be filled before it starts bringing in some adverse consequences. To fill this gap I

    have come up with some recommendations and suggestions which can help the company

    satisfy their customers better. These suggestions are listed below:-

    1) Though reliance money is having a very good and well trained sales staff which isable to bring in customers but it is very necessary to build relationship with the

    customers to keep them retained. Company should train its employees regarding

    relationship management so that the products can be personalized according to the

    needs of the customers.

    2) Most of the customers trade via the online platform of the company and not from theoffice therefore company should start a system of filling up of feedbacks and

    complaints online so that rectification of errors can be done easily.

    3) Many of the customers are not in touch of company but actually deal with franchiseesand remises. These are untrained people and are unaware of the importance of

    relationship. Company should start a kind of soft skill training program for all of its

    distributors so that the customers feel the same level of satisfaction as they feel while

    transacting with the company.

    4) As seen in the qualitative analysis, many people dont trade or invest because theydont have any knowledge regarding the market. Company should start a free of cost

    training program for these kinds of customers.

    5) Though the sales staff is very effective but reliance money is lacking behind inoperational effectiveness. Company should take a note on this.

    6) Motivational programs should be conducted in order to increase the efficiency of thecustomers.

  • 7/28/2019 Reliance Growth Fund Project

    65/69

    65

    Dayananda Sagar Business School

    QUESTIONNAIRE

    A study of preferences of the investors for investment in mutual funds.

    1.What kind of investments you prefer most? Pl tick (). All applicable

    a. Saving account b. Fixed deposits c. Insuranced. Mutual Funde. c. Post Office-NSC, f. Shares/Debenturesg. Gold/ Silver h. Real Estate I. PPF j. PF

    2. While investing your money, which factor you prefermost? Any one

    a.Liquidity b. Low Risk c.High Return d.Company reputation

    3. Have you ever invested your money in mutual fund?

    a.Yes b.No

    If yes,

    a)Where do you find yourself as a mutual fund investor?

    Totally ignorant [ ]Partial knowledge of mutual funds [ ]Aware only of any specific scheme in which you invested [ ]Fully aware [ ]

    b)In which kind of mutual you would like to invest?

    Public [ ]Private [ ]

    c.) how do you come to know about Mutual Fund?

    a. Advertisement b.Peer Group c. Banks d. Financial Advisors

    d)Which mutual fund scheme have you used?

    a.Open-endedb.Close-endedc.Liquid fundd.Mid- Cap

    e.Growth fundf.Regular Income fund

  • 7/28/2019 Reliance Growth Fund Project

    66/69

    66

    Dayananda Sagar Business School

    g.Long-Cap Sector fund

    If no,a)If not invested in Mutual Fund then why?

    Not aware of MF Higher risk Not any specific reason

    4. which feature of the mutual funds allure you most?

    Diversification [ ]Better return and safety [ ]Reduction in risk and transaction cost [ ]Regular Income [ ]Tax benef it [ ]

    5. In which Mutual Fund you have invested? Please tick (). All applicable.

    a. SBIMF b. UTI c. HDFC d. Reliance e. ICICI prudential fundsf. JM mutual fund g. Other. Specify

    6. When you invest in Mutual Funds which mode of investment will you prefer?

    a. One Time Investment b. Systematic Investment Plan (SIP)

    7. Where from you purchase mutual funds?

    Directly from the AMCs [ ]Brokers only [ ]Brokers/ sub-brokers [ ]Other sources [ ]

    8. Which AMC will you prefer to invest?

    Assets Management Co.a.SBIMF

    b. UTIc. Relianced.HDFC

    e. Kotakf. ICICIg. JM finance

    Which sector are you investing in mutual fund sector?

    i.Generalii.Oil and petroleum

    iii.Gold fundiv.Diversified equity fund

  • 7/28/2019 Reliance Growth Fund Project

    67/69

    67

    Dayananda Sagar Business School

    v.Power sectorvi.Debt fundvii.Banking fund

    viii.Real estate fund

    10. How would you like to receive the returns every year?

    a. Dividend payoutb. Dividend re-investmentc. Growth in NAV

    11.Personal Details:

    (a). Name:-(b). Add: -Contact No:-(c). Age:-(d). Qualification:-(e). Occupation.

    Pl tick ()

    Govt. SecPvt. Sec

    BusinessAgricultureOthers

    (g). What is your monthly family income approximately? Pl tick ().

    Up toRs.10,000Rs. 10,001 to15000Rs. 15,001 to20,000Rs. 20,001 to30,000

    Rs. 30,001 andaboveGraduation/PG Under Graduate Others

  • 7/28/2019 Reliance Growth Fund Project

    68/69

    68

    Dayananda Sagar Business School

  • 7/28/2019 Reliance Growth Fund Project

    69/69

    BIBLIOGRAPHY

    News Paper

    Business Standard Economic Times Green Line The Financial Times

    Journals

    Reliance fact sheet Annual Report 2011-12

    Magazines

    Dalal Street Capital Market

    Bibliography

    www.google.com www.moneycontrol.com www.amfiindia.com

    http://www.google.com/http://www.google.com/http://www.moneycontrol.com/http://www.moneycontrol.com/http://www.amfiindia.com/http://www.amfiindia.com/http://www.onlineresearchonline.com/http://www.amfiindia.com/http://www.moneycontrol.com/http://www.google.com/

Recommended