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Fincash » Mutual Funds » Reliance Banking Fund

Reliance Banking Fund - G

NAV  ₹292.144 ↓ 1.85   (0.64 %) as on 16 Jul 19

Scheme Objective

The primary investment objective of the Scheme is to seek to generate continuous returns by actively investing in equity and equity related securities of companies in the Banking Sector and companies engaged in allied activities related to Banking Sector. The AMC will have the discretion to completely or partially invest in any of the type of securities stated above with a view to maximize the returns or on defensive considerations. 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.

Reliance Banking Fund is a Equity - Sectoral fund launched on 26 May 03. It is a fund with High risk and has given a CAGR return of 23.3% since its launch.  Ranked 15 in Sectoral category.  Return for 2018 was -1.2% , 2017 was 44.1% and 2016 was 11.5% .

Below is the key information for Reliance Banking Fund

NAV as on 16 Jul 19₹292.144 ↓ 1.85   (0.64 %)
Net Assets (AUM) as on 30 Apr 2019 ₹2,991 Cr.
Launch Date26 May 2003
CategoryEquity - Sectoral
Rating
TypeOpen Ended Fund
RiskHigh
AMCReliance Nippon Life Asset Management Ltd.
Alpha Ratio-12.56
Expense Ratio2.39 %
Sharpe Ratio0.137
Information Ratio-0.35
BenchmarkNot Available
Min Investment ₹5,000
Min SIP Investment ₹100
Exit Load 0-1 Years (1%),1 Years and above(NIL)

Returns

Annual Compounded Returns

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 Jul 19

DurationReturns
1 Month 0.1%
3 Month 1.7%
6 Month 9.2%
1 Year 13.1%
3 Year 15.7%
5 Year 14.5%
10 Year
15 Year
Since launch 23.3%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2018 -1.2%
2017 44.1%
2016 11.5%
2015 -6%
2014 64.9%
2013 -10.4%
2012 60.5%
2011 -32%
2010 46.1%

Growth of 10k Over Years

DateValue
30 Jun 14₹10,000
30 Jun 15₹11,905
30 Jun 16₹11,989
30 Jun 17₹16,550
30 Jun 18₹17,506
30 Jun 19₹19,916
Reliance Banking Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash9.17%
Equity90.61%
Other0.23%
Reliance Banking Fund Asset Allocation

Sector Allocation

SectorValue
Financial Services90.61%
Reliance Banking Fund Equity Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
Banks - Regional - Asia15%₹487 Cr11,137,130
State Bank of India (Financial Services)
Equity, Since 31 Mar 14 | SBIN
Banks - Regional - Asia12%₹380 Cr10,530,830
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 08 | HDFCBANK
Banks - Regional - Asia11%₹360 Cr1,475,000
Bank of Baroda (Financial Services)
Equity, Since 31 Jul 18 | 532134
Banks - Regional - Asia6%₹207 Cr17,062,608
↑ 2,950,000
Triparty Repo
CBLO/Reverse Repo | -
6%₹199 Cr
Axis Bank Ltd (Financial Services)
Equity, Since 30 Jun 17 | 532215
Banks - Regional - Asia6%₹191 Cr2,365,303
Canara Bank (Financial Services)
Equity, Since 30 Jun 18 | 532483
Banks - Regional - Asia6%₹186 Cr6,529,212
↑ 300,000
The Federal Bank Ltd (Financial Services)
Equity, Since 30 Nov 04 | FEDERALBNK
Banks - Regional - Asia5%₹173 Cr15,922,030
Bajaj Finserv Ltd (Financial Services)
Equity, Since 30 Sep 18 | 532978
Insurance - Diversified3%₹101 Cr118,959
National Bank For Agriculture And Rural Development
Certificate of Deposit | -
3%₹99 Cr10,000
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Fund Managers

NameSinceTenure
Vinay Sharma9 Apr 180.81 Yr.
Kinjal Desai25 May 180.69 Yr.

Custodians

CompanyAddress
Deutsche Bank AGDeutsche Bank AG,Kodak House, 22, D.N. Road,

Registrar & Transfer Agent

Karvy Fintech Pvt Ltd.
Address"KARVY HOUSE",46, Avenue 4, Street No.1,,Banjara Hills,
FAX91-40-23311968
Emailmailmanager@karvy.com

Administrator Companies

CompanyAddress
Reliance Mutual Fund9th Floor, Crescenzo, C-38 & 39,,G Block, Bandra Kurla Complex, Bandra (East), Mumbai 400051

Auditors

CompanyAddress
Haribhakti & Co. Chartered Accountants42, Free Press House,4th Floor,,215, Nariman Point,

All Plan & Options

Fund and PlanNAV6 Month1 Year3 Year5 Year
Reliance Banking Fund
Normal Dividend, Payout
₹52.6128
↑ 0.33
8.1 %11.96 %15.32 %14.13 %
Reliance Banking Fund
Normal Dividend, Reinvestment
₹52.6128
↑ 0.33
8.1 %11.96 %15.32 %14.13 %
Reliance Banking Fund
Growth
₹292.144
↑ 1.85
9.22 %13.13 %15.71 %14.46 %
Data as on 16 Jul 19

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.