Launched on May 8th, 2004, Reliance Diversified Power Sector Fund is a growth-oriented mutual fund investment plan which aims to deliver high worth of capital to the investors over a period of time. It is designed by the fund managers of Reliance MF after going through in-depth market research and analysis as they have always tried to gain the benefits of the best available opportunities to offer the desired returns.
NAV of Reliance Diversified Power Sector Fund as on November 16, 2016, amounted to Rs.75.7066. It shows the present position held by this scheme in the market and how much worth it has offered to the current investors until now. The investors who are looking for the best plans to invest their capital for a long-term period can consider this strategy prior to investing. Hereunder is mentioned a synopsis of this programme which shall help you in getting a complete understanding of the same in order to take a worthwhile decision.
Reliance Diversified Power Sector Fund: Investment Details
The primary objective of this mutual fund plan is to generate long-term capital appreciation by investing preferably in the equity and equity-related securities of companies which are indulged in the power sector. It provides the best opportunity to the investors to participate in the sustainable growth of the country with India’s key drivers. It has diversified the funds well by spreading them over and across a large range of companies. It is focused towards investing in the power distribution, transmission, and generation-related corporates. It provides great opportunities to fetch risk-adjusted returns with a sound portfolio with investment in the high-demand sector.
Furthermore, by providing the SIP option of investing, Reliance Diversified Power Sector Growth Plan helps the investors in making easy investments in a systematic manner. The minimum invested capital for the scheme is Rs.5000 in the case of lump sum while for SIP investment the minimum amount for investing is Rs.100 only. Accordingly, it would be convenient for every investor to put their money in this scheme in order to generate higher gains in the future.
Reliance Diversified Power Sector Plan (Growth): Performance Review
The scheme is ranked fourth under the ‘Thematic-Infrastructure’ category by CRISIL for the quarter which ended in June 2016. It has offered 17.53 percent average returns since its inception which helped many investors in appreciating their capital’s worth. It has been catering to the needs of divergent investors by providing high-yielding profits. Furthermore, the three- and five-year investments made in this scheme generating 18.40 and 7.30 percent annualised profits. It is best suited to accomplish the long-term financial goals.
Furthermore, track record maintained by this programme has proved to be appreciable with high-rated absolute returns which reached up to 50.20 percent in the year 2014. Investors seeking SIP investment can generate their capital’s future net worth using the SIP calculator to take the best decision of adding this plan to their portfolio.
Reliance Diversified Power Sector Fund (Growth): Portfolio Analysis
The asset under management of this scheme as on October 31st, 2016, amounted to Rs 1,578 crore. The 97.33 percent of the total assets have been invested in the equity and related securities while the remaining have been put in the debt and other money market instruments. With an average market capitalisation of Rs 5,968, it holds a remarkable position in the market which proves its efficiency of generating greater returns for the investors.
The asset allocation of Reliance Diversified Power Sector Fund is highly diversified among various entities of some specific sector. The sector allocation graph depicts that majority of the funds have been put in the engineering, energy and metal industries. The holdings of this scheme are among the top-performing companies including Jindal Stainless, KEC International, Exide Industries, PTC India, Apar Industries, and Larsen & Toubro. Accordingly, it assures generating greater revenues for the investors in order to help them in accomplishing their investment goals.
We recommend Reliance Diversified Power Sector Plan (Growth) due to its track record and most specifically the portfolio designing which include the best industries and top entities of the country which ensure higher profits. You must consider the same while going for investment in mutual funds in India or abroad.
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