Reliance Mutual Fund is one of the renowned asset management companies (AMCs) offering a host of mutual fund products to the investors. The Asset Under Management (AUM) of the company is recorded to be ₹2,33, 628.56 crores during Jan-March 2019. It has 90.67 lakh folios till March 2019. It has spread its wings to around 300 cities. Given the trust reposed by investors with an impressive AUM and its massive presence, it won’t be bad if you subscribe to any of its mutual fund schemes. Doesn’t matter which fund you choose, you must know certain aspects concerning Reliance Mutual Fund. These aspects can be account statement, NAV, login details, redemption, etc. So, without any further delay, let’s check out all that in this post.
How to Subscribe to Reliance Mutual Fund Scheme? You can subscribe to any of the equity, debt or hybrid mutual fund scheme according to your investment taste and risk-appetite. Now, you can subscribe directly through Reliance Mutual Fund or its distribution channels. If you subscribe through intermediaries, you will be offered mutual fund guidance through the same. Funds subscribed through intermediaries come under regular plans. On the other hand, direct subscription through the fund house would mean it to be a direct plan. Reliance Mutual Fund Account Statement The account statement contains a complete glossary of mutual fund activities on a periodical basis. It shows the transactions, the investment cost and its value, the NAV, etc. Having a look at the account statement can let you stay updated of your investments. If the statement calls you to rejig the investment portfolio, you can do that to balance out things. You can realize the benefit of portfolio rejig in the form of improved returns. Reliance Mutual Fund NAV The net asset value (NAV) is a term that indicates the price of a mutual fund unit. Every trading day, the NAV is calculated on the basis of trade being made. The investment value of the securities is deducted by the liabilities to arrive at the NAV. As you know the market rises and falls in the wake of socio, economic and political development, the effect of such fluctuations can impact your investments. However, if you invest via a Systematic Investment Plan (SIP), the investments can sail through the fluctuation because of the rupee cost averaging factor. As the market falls, the SIP investments buy more units at less price and less units at more price by the time the market goes up. With such buying of units, the average cost of investment comes down to benefit the investors. Reliance Mutual Fund Login You can log in to Reliance Mutual Fund online account and transact what you want to. You can buy and redeem mutual fund units of a scheme. Even with redemption, your mutual fund investment can continue. It means you may not have to redeem all the units to withdraw the corpus you want to. That way you can withdraw the desired amount while also able to continue the investment. Reliance Mutual Fund Customer Care Number You can dial the 24x7 customer care number - 18003001111 - to be updated of each aspect concerning your investment in a Reliance Mutual Fund scheme. Be it the existing NAV, market value of investments, account statement or any other information, you can get updated on all.
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Anika Sharma
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