Download Reliance Short Term Fund

Reliance Short Term Fund
( An open ended income scheme)
PRODUCT LABEL
This product is suitable for investors who are seeking*:
• Income over short term
• Investments in debt and money market instruments with the scheme would
have maximum weighted average duration between 0.75-2.75 years
*Investors should consult their financial advisors if in doubt about whether the
product is suitable for them.
About Reliance Short Term Fund
An open ended short tenor income fund with intention to capture
opportunities at short to medium end of the curve typically up to 5 year
duration.
Current Investment Strategy:
 The fund Investments would predominantly be into corporate bonds,
Gsecs and money market instruments. These investments would be
restricted to 5 year duration to contain return volatility over a one
year period.
 The fund manager while investing would place emphasis on good
credit quality assets. Around 70-100 % invests would be made in upto
3 years assets and 0-30% between 3-5 year assets ,15-20 % tactical
allocation may be made to Gsecs / SDLs based on absolute yield and
spread views.
 The fund will allocate predominantly in the AAA PSU / Banking space
thus allowing the portfolio manager higher flexibility in terms of
changing average maturities and asset allocation.
 The fund would run moderate duration strategy, which would be
maintained in the range of 0.75 Yrs to 2.75 years.
Suitability
 For investors seeking accrual return with the potential for moderate
capital gains. Downward curve shifts, steepness would aid higher
returns.
 Protection in rising yields scenario due to roll down benefit and
higher absolute yields.
 Ideal for Investors with moderate appetite for volatility and
investment horizon of around 12 months to 18 months.
Inception Date
Fund Manager
Minimum Application Amount
Benchmark
Monthend AUM as on
31.12.2015
Plans & Options
Exit Load **
(** If charged, the same shall be
credited to the scheme immediately
net of service tax, if any)
23 December,2002
Prashant Pimple
Rs. 5,000 & in multiples of Re.1 thereafter
Crisil Short Term Bond Fund Index
Rs 8766.94 Crs
i) Growth Plan/Direct Plan - Growth Plan:
(i) Growth Option
ii) a) Dividend Plan/ Direct Plan - Dividend
Plan - Dividend Option
b) Dividend Plan/ Direct Plan - Dividend Plan
with the frequency of Monthly, Quarterly)
Both the above mentioned dividend plan/
Direct Plan - Dividend Plan offers Dividend
Payout and Dividend Re-investment facility.
 0.25% of the applicable NAV if redeemed
or switched out on or before completion
of 1 month from the date of allotment of
units. Nil, if redeemed after 1 month
from the date of allotment of units. W.e.f
th
15 Dec 14
Rating Profile as on 31st Dec, 2015
The emphasis of the fund is to invest predominantly into high rated AAA
and equivalent securities to ensure a healthy risk return ratio.
st
Scheme Attributes & Portfolio Breakup as on 31 Dec 2015
1
Weighted Average YTM
8.41%
Weighted Average Maturity ( Yrs)
2.73 Yrs
Modified Duration ( Yrs)
2.25 Yrs
1
The weighted average YTM displayed above is for the invested amount of the
portfolio ( i.e. excluding other receivables) For the entire portfolio weighted
average YTM , i.e. including other receivables is 8.06%
Please note the above details are as on 31.12.2015 and the same may
vary as per the market conditions
Reliance Short Term Fund
( An open ended income scheme)
Reliance Short Term Fund
( An open ended income scheme)
Scheme specific Risk factor: Trading volumes and settlement periods may restrict liquidity in debt investments. Investment in
Debt is subject to price, credit, and interest rate risk. The NAV of the Scheme may be affected, inter alia, by changes in the
market conditions, interest rates, trading volumes, settlement periods and transfer procedures. The NAV may also be subjected
to risk associated with investment in derivatives, foreign securities or script lending as may be permissible by the Scheme
Information Document.
Disclaimers:
The information herein below is meant only for general reading purposes and the views being expressed only constitute opinions and therefore
cannot be considered as guidelines, recommendations or as a professional guide for the readers. Before making any investments, the readers
are advised to seek independent professional advice, verify the contents in order to arrive at an informed investment decision.
None of the Sponsor, the Investment Manager, the Trustee, their respective directors, employees, affiliates or representatives shall be liable in
any way for any direct, indirect, special, incidental, consequential, punitive or exemplary damages, including on account of lost profits arising
from the information contained in this material.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.