Want to get exposure of favourable schemes in your mutual fund portfolio? Consider adding Reliance Mutual Fund schemes which offers you various benefits in the form of healthy returns provided you keep the fund holding for a longer term. But do you care to check out the latest Net Asset Value before going to buy any Reliance Mutual Fund? Take care of your NAV first, before you plan to buy or sell as it is the leading indicator which plays a vital role in assessing the market unit per share value.
Reliance Mutual Fund NAV
So, finally you have decided to buy the units of Reliance Mutual Fund? Well, check out the current NAV before finalizing any decision of buying or selling your mutual fund units. Since NAV denotes the market price of the mutual fund units, the units hold shall be possessed by taking into account all the assets in the portfolio excluding liabilities which further gets divided by the total number of outstanding units.
The final value derived will show you the number of units which you would like to get as opposed to your investment in Reliance Mutual Fund. Depending on the valuation of market shares, your NAV is ascertained. The change you can clearly witnessed in any of the scheme of Reliance Mutual Fund on a daily basis is relative to NAV only. Subsequently, you will also be able to gauge your investment performance.
Let's understand the computation of Reliance Mutual Fund NAV by taking a simple example:
You want to invest ₹ 25000 in Reliance Growth Fund at NAV 25, subsequently you will obtain 25000/25 =1000 units from the scheme.
The next day the NAV of the same fund escalates upto ₹30, then your investment value reaches out to be 1000x30=₹30,000. Upon completing one year, you wish to seek redemption from this scheme in order to gain the value from your investment. Let's say NAV for Reliance Growth Fund rises upto ₹32 on your redemption day, then the Reliance Mutual Fund will pay you an amount of 1000x32=₹ 32,000 on that particular day.
As clearly examined from the above example, you will be able to know that it is not the NAV only that makes a difference in returns that you wish to obtain, it is the scheme's performance of Reliance Mutual Fund which you have chosen is creating all the difference. The growth of money will only be based on how the fund exhibits its performance and also on the fund managers in managing the fund.
Reliance Mutual Fund Statement
Know the summarized view of your accounts towards your Reliance Mutual Fund investment. Just by accessing to the Reliance Mutual Fund Statement you can decide whether to buy, hold or redeem your investment. Moreover, you can plan out to determine the types of your investment you may obtain in the form of concise transaction details such as date of purchase, switch or redemption from schemes, holding of number of units, method of payment during transaction etc.
It is mandatory to get your email ID registered with Reliance Mutual Fund through which you can obtain your 'Statement of Account'. Hence, it is the need of an hour for you to submit your Folio number towards which you would wish to obtain your Statement of Account. This statement entails your last five transaction details under the folio. The Statement of Account will then gets mailed on your Email ID once you get your email ID registered on the portal of Reliance Mutual Fund.
Reliance Mutual Fund SIP
Wish to derive full opportunities on your investment? One such opportunity lies through SIP investment. With a minimum amount of ₹500 each month, you can buy the units of Reliance Mutual Fund. The more your purchase would be for the maximum units, the more your returns would be whenever you plan to redeem. The power of compounding takes its own course of time but starts immediately from the day 1 of your investment. It is the power of compounding principle that will help you to accumulate the returns subject to market volatility. Regardless of your investment periodicity on your investment which tends to reduce the impact and also inculcates a disciplinary way of investing in such funds.
Disclaimer: Mutual Fund Investments are subject to market risks, read all scheme related documents carefully before investing.
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