This entry is part 8 of 11 in the series Mutual Fund NFO

Reliance Mutual Fund launched new fund offer Reliance Capital Builder Fund-Series B, 36 month (1095 days) closed ended scheme. The NFO Opens for subscription on 9 Jan. 2015 & closes on 23 Jan. 2015.  No entry load will be applicable for the scheme.

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Scheme Details

Key Scheme Feature 
Scheme NameReliance Capital Builder fund II Series B
Fund HouseReliance Mutual Fund
TypeClosed Ended - 3 Years (1095 days)
CategoryEquity : Large & Mid Cap
BenchmarkS&P BSE 200
Option Growth / Dividend
Fund ManagerSamir rachh and Jahnvee shah(Oversease investments)
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Scheme NameReliance Capital Builder fund II Series B
NFO Open9 Jan 15
NFO Close23 Jan 15
Scheme Type3 years (1095 days) close ended scheme
PlanRegular
Minimum Application AmountRs 5000
Load StructureFor Purchase during NFO : Entry & Exit - NIL

Cheque Details        : “Reliance Capital Builder Fund II – Series B”

::Who can Invest::

This product is suitable for investors:                                                                                                                      oo

  • Seeking long term capital appreciation
  • With risk appetite of investing in Equities
  • Investors willing to take exposure in equity and equity related securities

Objective

::Investment Objective for Series II::

  • To Generate long term capital appreciation from a diversified portfolio of predominantly equity and equity related securities , including equity derivatives.

::Stock Selection Idea (Portfolio Construction)::

The fund will select stocks from within the investment universe based on following criteria

  • 25 to 30 stock focused portfolio
  • Companies across market cap with bias towards midcaps
  • Good quality managements; No fractured balance sheets
  • High operating leverage

 ::Scheme Features::

  • To provide capital appreciation to the investers,which will be inline with their long term saving goal,by investing in a diversified portfolio of equity and equity related instruments with small exposure to fixed income securities.
  • Diversified equity and equity related instruments:80%-100%
  • Debt and money market instruments:0%-20%
  • Minimum application Amount:Rs.5000 and in multiple of Re 1 thereafter

 

 

Tax Implication

::llustrative List of Tax Implications::

This summary of tax implication is based on the current provisions of the applicable laws. In view of the individual nature of tax implications, investor are advise to refer the provisions of the Income-Tax Act & consult Investment Advisor or Tax advisor  with respects to the specific tax implications arising out of an investment in the scheme.

  • Income from Fund : Exempt from Tax
  • Dividend from Fund  :  Tax Free
  • Long Term Capital Gain (Unit held for more than 12 months qualify) : Tax Free
  • Short Term Capital Gain (Unit held for less than 12 month qualify) : 15%
  • Security Transaction Tax : Payable  at 0.001% on the value of units sold
  • Tax Deduction at Source (TDS) :  Not applicable for person resident in India; TDS applied on redemption proceeds payable to NRIs.

 

 

Summary

1)  Significant improvement in macro parameters.

2)  Stable government intent on bringing about reforms and takings

      pro-growth measures positive.

3)  Earnings growth and PE rerating could lead to robust market.

4)  Unique strategy to capture the growth momentum.

5)  Large and experienced team with a track record of creating alpha.

 

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Contact Us for Investment

rajendra@puneinvest.com

Mobile 7719917444

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RajendraMutual FundReliance Mutual Fund launched new fund offer Reliance Capital Builder Fund-Series B, 36 month (1095 days) closed ended scheme. The NFO Opens for subscription on 9 Jan. 2015 & closes on 23 Jan. 2015.  No entry load will be applicable for the scheme.   Contact Us for Investment rajendra@puneinvest.com Mobile 7719917444Investment you need