RELIANCE

GROWTH FUND
(An open ended Equity Growth Scheme)

Call 1800 300 11111 | SMS INVEST to 561617

www.reliancemutual.com
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Wealth creation from our perspective*

This product is suitable for investors who are seeking*

Investment in equity and equity related instruments through a

research based approach.
*Investors should consult their financial advisors if in doubt about
whether the product is suitable for them.

Investors understand that their principal will be at Moderately High risk

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Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

SMS charges apply.

Long term capital growth.

Reliance Growth Fund

CURRENT INVESTMENT PHILOSOPHY

SCHEME DETAILS
Inception Date

} Reliance Growth Fund attempts to achieve superior alpha by investing in a combination of Market
Leaders and Emerging leaders
} It endeavors to identify growth stocks that are available at reasonable valuation, thus adopting a
Growth at Reasonable Price (GARP) style for investing
} It endeavors to invest in companies that have the potential to substantially increase their profitability and companies with consistent track record.
} It endeavors to identify deep value stocks and benefit from the potential growth from such stocks.
} It endeavors to invest in companies which are having ability to provide high alpha as compared
to risk taken.

8th October 1995

Month end AUM: Rs.5,773.47crs
(Aug 2016)

Fund Size

An Open Ended Equity

Growth Scheme

Scheme Type

WHY INVEST

S&P BSE 100

Benchmark
Fund Manager

Sunil Singhania

Entry Load

Not Applicable

} Reliance Growth Fund is a midcap oriented fund aiming at long term long wealth creation through
investments in high growth companies which are potential large caps (as it reflects in our portfolio)
} The portfolio is well positioned to benefit from domestic revival through allocation in themes like:
Urban Discretionary: Auto, Retail
Short Cycle Capex: Industrial Capital Goods, Industrial Products
Unique Themes: Insurance, Commodity Exchange, Logistics/Distribution
NAV MOVEMENT

1% if redeemed or switched out

on or before completion of 1
year from the date of allotment
of units.

900
800

Normalized Values

Exit Load

Rs. 1 lac invested at the time of inception is worth Rs. 89.65 lac in
the scheme compared to Rs. 9.49 lac in the Benchmark.

1000

Nil if redeemed or switched out

after the completion of 1 year
from the date of allotment of
units.

Reliance Growth Fund

700

SCHEME:
31 Aug 2016

Rs. 89,64,902

S&P BSE 100

600
500
400
300

BENCHMARK:

INVESTMENT:
08 October 1995

200

31 Aug 2016

Rs. 9,49,446

Rs. 1,00,000

100
0

PORTFOLIO DETAILS
Please Refer Page 3 for detailed Scheme Performance

Portfolio Market Capitalization

60%
40%

12%

20%

40000

17%

20000

0%
less than Rs.
Rs. 3,500 crs to
3,500 crs
Rs. 10,000 crs

Rs. 10,000 crs

to Rs. 20,000
crs

56875

SIP Returns

60000

48%

18%

360 489

600 984

1200

1 Year

3 Years

5 Years

10 Years

Total Amount Invested (Rs '000)

more than Rs.

20,000 crs

2613

120 139

13825
2510

1800

15 Years

Since Inception

Market Value as on Aug 31, 2016 (Rs '000)

Please Refer Page 4 for detailed SIP Performance

Dividend History

WEIGHTAGE (%)

TOP 10 STOCKS

The schemes Dividend Plan has given 24 dividends in last 20 years!

Record Date

Rate (Re/ Unit)

Cum Dividend NAV

*EX Dividend NAV

UPL LIMITED

6.17

15-Mar-16

5.50

58.0985

52.5985

ADITYA BIRLA NUVO LIMITED

4.19

5-Mar-15

6.50

73.3219

66.8219

HCL TECHNOLOGIES LIMITED

4.15

14-Mar-14

4.00

48.1464

44.1464

MUTHOOT FINANCE LIMITED

4.03

26-Mar-13

5.00

47.9535

42.9535

DIVI'S LABORATORIES LIMITED

3.62

23-Mar-12

2.00

48.9832

46.3536

STATE BANK OF INDIA

3.62

24-Mar-11

4.00

53.7570

50.6131

AXIS BANK LIMITED

3.62

30-Mar-10

2.50

56.2920

53.8377

HDFC BANK LIMITED

3.08

31-Oct-09

5.00

53.4006

46.9807

UNITED SPIRITS LIMITED

2.83

20-Mar-09

2.00

29.7238

28.5987

ICICI BANK LIMITED

2.77

19-Mar-08

6.50

54.5303

47.4212

17-Aug-07

3.50

54.7215

52.0400

12-Mar-07

7.50

54.0936

47.1600

30-Oct-06

2.50

55.5779

53.0800

29-Mar-06

7.50

57.7700

50.9000

19-Dec-05

3.00

50.8300

47.6300

29-Mar-05

5.00

36.2100

31.8000

24-Dec-04

2.50

37.3400

34.9100

19-Oct-04

3.00

33.6100

30.3700

12-Mar-04

7.50

34.6700

27.1700

18-Dec-03

6.00

41.1000

35.2800

9-Oct-03

3.00

34.6700

31.8000

18-Jul-03

3.00

27.9600

24.4700

18-Feb-03

2.00

22.6100

20.6700

21-Mar-00

10.00

40.8900

30.9000

TOP 5 SECTORS

Banks

Finance

Pharmaceuticals

17.6%

11.8%

7.6%

Reliance Growth Fund has given a dividend of Rs. 109 per unit on the face value of Rs. 10 per unit, since inception.
Disclaimer pertaining to SIP Returns: Past performance may or may not be sustained in the future. Returns on SIP and Benchmark

Software

Pesticides

6.5%

6.2%

are annualised and cumulative investment return for cash flows resulting out of uniform and regular monthly subscriptions have been worked
out on excel spreadsheet function known as XIRR. It is assumed that a SIP of Rs. 10,000/- each executed on 10th of every month has been
taken into consideration including the first installment. It may please be noted that load has not been taken into consideration. The amounts
invested in SIP and the market values of such investments at respective periodic intervals thereof are simulated for illustrative purposes for
understanding the concept of SIP. This illustration should not be construed as a promise, guarantee on or a forecast of any minimum returns.
The Mutual Fund or the Investment Manager does not assure any safeguard of capital and the illustrated returns are not necessarily indicative of
future results and may not necessarily provide a basis for comparison with other investments. SIP does not guarantee or assure any protection
against losses in declining market conditions.
Disclaimer pertaining to Dividend History: Past performance may or may not be sustained in the future. Dividend distribution is subject
to availability & adequacy of distributable surplus. The Mutual Fund is not assuring that it will make periodical dividend distributions, though it
has every intention of doing so. After the payment of dividend, the per unit NAV falls to the extent of the dividend payout and distribution taxes,
if any. Performance of dividend plan/option would be net of applicable statutory levy , if any. Face value of Rs.10. * NAV on the 1st transaction
day after Record Date, which includes the mark to market impact also. The above table provides dividend details of Other-than-direct-plan.
General Disclaimer: Data as on 31st August, 2016. Past Performance may or may not be sustained in future. Sector(s)/ Stock(s)/ Issuer(s)
mentioned above are for the purpose of disclosure of the portfolio of the scheme(s) and should not be construed as a recommendation. The
Fund manager(s) may or may not choose to hold the stock mentioned, from time to time. Investors are requested to consult their financial, tax
and other advisors before taking any investment decision(s).

Reliance Growth Fund

SCHEME PERFORMANCE SUMMARY
Scheme / Benchmark

Index Value as
on 30th Jun
2016

Reliance Growth Fund #

Since inception
till Jun 30, 2016
23.68

Returns (%)
Jun 30, 2015 to
Jun 30, 2014 to
Jun 30, 2016
Jun 30, 2015
3.18
20.65

Jun 28, 2013 to

Jun 30, 2014
53.15

Current Value of
Standard Investment of Rs 10,000
821,070

S&P BSE 100^

8429.96

11.10

-0.40

9.32

33.44

88,683

S&P BSE Sensex*

26999.72

10.20

-2.81

9.31

31.03

74,994

PERFORMANCE OF OTHER OPEN ENDED SCHEMES MANAGED BY THE SAME FUND MANAGERS

Reliance Small Cap Fund #

19.06

15.40

23.99

109.63

27,464

S&P BSE Small Cap^

11801.32

2.65

6.55

8.55

80.79

11,633

S&P BSE Sensex*

Reliance Diversified Power Sector
Fund #

26999.72

5.86
18.05

-2.81
2.12

9.31
-3.86

31.03
71.80

13,905
75,154

S&P BSE Power^

1996.05

--

-1.29

-12.79

42.91

--

S&P BSE Sensex*

Reliance Mid & Small Cap Fund # $

26999.72

13.70
14.25

-2.81
10.50

9.31
24.36

31.03
75.44

47,606
35,531

S&P BSE MidSmallCap^

3134.95

9.51

8.08

16.36

50.45

23,736

S&P BSE Sensex*

26999.72

7.38

-2.81

9.31

31.03

19,696

June 30, 2016

June 30, 2015

June 30, 2014

June 28, 2013

Inception NAV

Inception Date

Reliance Growth Fund #

821.0769

795.7975

659.6136

430.6869

10.0000

8-Oct-95

Reliance Small Cap Fund #

27.4643

23.7989

19.1947

9.1566

10.0000

16-Sep-10

Reliance Diversified Power Sector

Fund #

75.1542

73.5968

76.5542

44.5608

10.0000

8-May-04

Reliance Mid & Small Cap Fund # $

35.5308

32.1548

25.8572

14.7385

10.0000

26-Dec-06

NAV per Unit

Scheme

# Scheme managed by Mr. Sunil Singhania. $ Scheme managed by Mr. Samir Rachh. ^ Benchmark. * Additional Benchmark.
Inception Dates: Reliance Growth Fund - 08/10/1995, Reliance Small Cap Fund - 16/09/2010, Reliance Diversified Power Sector Fund - 08/05/2004, Reliance Mid & Small
Cap Fund - 26/12/2006
Note: Reliance Diversified Power Sector Fund was launched on May 08, 2004. Subsequently the fundamental attributes of the scheme were changed w.e.f. Sep 7, 2013.
Reliance Long Term Equity Fund was launched on Dec 26, 2006. Subsequently the benchmark of the Fund has been changed from S&P BSE 200 to S&P BSE Mid Cap w.e.f.
Aug 21, 2012. Please refer addendum no. 48 published on August 18, 2012. Also the key features of the Scheme have been changed w.e.f. Jan 22, 2015, and the Scheme has
been renamed as Reliance Mid & Small Cap Fund. Benchmark of the Scheme has changed to S&P BSE MidSmallCap w.e.f. Sep 1, 2015.

Performance details of close ended equity schemes and fixed income schemes are not provided since these are not comparable with other schemes. The performance mentioned for all the above schemes is for their respective Growth Plan Growth Option.

Past performance may or may not be sustained in future and the same may not necessarily provide the basis for comparison with other investment. Since inception returns
(wherever provided) is computed on Compounded Annualized Growth Returns (CAGR) basis. For Scheme(s) which has completed more than 3 years, point to point returns
for twelve month periods for last 3 years is provided basis the last day of the calendar quarter and are computed on absolute basis. In case the scheme(s) which is in existence for more than 1 year but less than 3 years, point to point returns is provided for as many period as possible, such period being counted from the last day of the calendar
quarter and are computed on absolute basis. Since inception returns are based on first declared NAV. In case, the start/end date of the concerned period is non-business day
(NBD), the NAV of the previous date is considered for computation of returns.

PRODUCT LABELS
Name of Scheme

This product is suitable for investors who are seeking*:

Reliance Small Cap Fund

(An Open Ended Equity Scheme)

long term capital growth

investment in equity and equity related securities of small
cap companies

Reliance Mid & Small Cap Fund

(An Open Ended Diversified Equity Scheme)

long term capital growth

investment in equity and equity related securities including
derivatives
Investors understand that their principal
will be at Moderately High risk

Reliance Diversified Power Sector Fund

(An Open Ended Power Sector Scheme)

long term capital growth

investment in equity and equity related securities of companies in power sector

Investors understand that their principal

will be at High risk

*Investors should consult their financial advisors if in doubt about whether the product is suitable for them.

Reliance Growth Fund

SIP PERFORMANCE OF EQUITY SCHEMES (as on August 31, 2016)
Reliance Growth Fund
Period
Total Amount Invested (Rs '000)
Market Value as on Aug 31, 2016 (Rs '000)

Since Inception

15 Years

10 Years

5 Years

3 Years

2510

1800

1200

600

360

1 Year
120

56875.27

13825.27

2613.20

984.16

488.77

138.78

Scheme Return (%) IRR

24.98

24.21

14.94

20.06

21.21

31.61

*Scheme Benchmark Return (%) IRR (S&P BSE 100)

13.44

14.6

10.20

12.83

11.82

26.09

**Additional Benchmark Return(%) IRR (S&P BSE Sensex)

12.49

13.84

9.29

11.08

8.93

20.89

Since Inception

15 Years

10 Years

5 Years

3 Years

1 Year

720

600

360

120

1665.89

1306.95

561.21

136.00

Scheme Return (%) IRR

28.15

32.02

31.53

26.75

*Scheme Benchmark Return (%) IRR (S&P BSE SmallCap)

14.96

18.86

21.33

27.26

**Additional Benchmark Return(%) IRR (S&P BSE Sensex)

9.95

11.08

8.93

20.89

Since Inception

15 Years

10 Years

5 Years

3 Years

1 Year

1480

1200

600

360

120

3119.50

1689.33

809.28

445.17

134.41

Scheme Return (%) IRR

11.47

6.68

12.02

14.50

24.01

*Scheme Benchmark Return (%) IRR (S&P BSE Power Index)

1.66

-0.74

4.10

7.31

25.25

**Additional Benchmark Return(%) IRR (S&P BSE Sensex)

11.08

9.29

11.08

8.93

20.89

Since Inception

15 Years

10 Years

5 Years

3 Years

1 Year

1170

600

360

120

3044.31

1155.74

534.74

140.88

Scheme Return (%) IRR

18.77

26.79

27.87

35.30

*Scheme Benchmark Return (%) IRR (S&P BSE MidSmallCap)

13.80

22.10

26.60

42.27

**Additional Benchmark Return(%) IRR (S&P BSE Sensex)

13.65

20.42

23.25

34.18

Reliance Small Cap Fund

Period
Total Amount Invested (Rs '000)
Market Value as on Aug 31, 2016 (Rs '000)

Reliance Diversified Power Sector Fund

Period
Total Amount Invested (Rs '000)
Market Value as on Aug 31, 2016 (Rs '000)

Reliance Mid & Small Cap Fund

Period
Total Amount Invested (Rs '000)
Market Value as on Aug 31, 2016 (Rs '000)

Inception Dates: Reliance Growth Fund - 08/10/1995, Reliance Small Cap Fund - 16/09/2010, Reliance Diversified Power Sector Fund - 08/05/2004, Reliance Mid & Small
Cap Fund - 26/12/2006
Note: Reliance Diversified Power Sector Fund was launched on May 08, 2004. Subsequently the fundamental attributes of the scheme were changed w.e.f. Sep 7, 2013.


Reliance Long Term Equity Fund was launched on Dec 26, 2006. Subsequently the benchmark of the Fund has been changed from S&P BSE 200 to S&P BSE Mid Cap w.e.f.
Aug 21, 2012. Please refer addendum no. 48 published on August 18, 2012. Also the key features of the Scheme have been changed w.e.f. Jan 22, 2015, and the Scheme
has been renamed as Reliance Mid & Small Cap Fund. Benchmark of the Scheme has changed to S&P BSE MidSmallCap w.e.f. Sep 1, 2015.

Performance details of close ended equity schemes and fixed income schemes are not provided since these are not comparable with other schemes. The performance mentioned for all the above schemes is for their respective Growth Plan Growth Option.

Disclaimer: Past performance may or may not be sustained in the future. Returns on SIP and Benchmark are annualised and
cumulative investment return for cash flows resulting out of uniform and regular monthly subscriptions have been worked out on
excel spreadsheet function known as XIRR. It is assumed that a SIP of Rs. 10,000/- each executed on 10th of every month has
been taken into consideration including the first installment. It may please be noted that load has not been taken into consideration. The amounts invested in SIP and the market values of such investments at respective periodic intervals thereof are simulated
for illustrative purposes for understanding the concept of SIP. This illustration should not be construed as a promise, guarantee on
or a forecast of any minimum returns. The Mutual Fund or the Investment Manager does not assure any safeguard of capital and
the illustrated returns are not necessarily indicative of future results and may not necessarily provide a basis for comparison with
other investments. SIP does not guarantee or assure any protection against losses in declining market conditions.

Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.