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Reliance Banking Bns

258.51
+3.76
+1.48%
23-08-2017
5 Years
  • Previous Close

    254.75

  • Yield

    0.00%

  • Front load

    0.00

  • Expenses

    2.39%

  • Category

    Sector - Financial Services

  • Morningstar Risk

    Above Average

  • Morningstar Rating ★★★★
Profile

Name of Issuer

Reliance Nippon Life Asset Management Ltd.

Fund Style

Open

Fund Manager

Shrey Loonker

Investment Style

Large Growth

The primary investment objective of the Scheme is to seek to generate continuous returns by actively investing in equity and equity related securities of companies in the Banking Sector and companies engaged in allied activities related to Banking Sector. The AMC will have the discretion to completely or partially invest in any of the type of securities stated above with a view to maximize the returns or on defensive considerations. However, there can be no assurance that the investment objective of the Scheme will be realized, as actual market movements may be at variance with anticipated trends.

Purchase Information

Initial Purchase 5,000
Initial Purchase: IRA NA
Initial Purchase: AIP 1,500

Inception

26-05-2003

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