Reliance Mutual Fund - About NAV

Reliance Asset management company which manages a huge number of assets under its various schemes has declared dividends for two of its schemes. These types of dividends would give some liquidity for the investors.

Reliance Mutual Fund is one of the fast growing mutual funds in India. Some of the high performing schemes are Reliance liquid fund, Reliance banking fund, Reliance equity fund, Reliance power scheme.

You can find the NAV of reliance mutual fund at the closing of each trading day. The NAV will be available in the related websites which would help you to track the performance of the fund.

How is NAV Calculated?

NAV is called Net Asset Value.

This is calculated by summing the market value of the investments the company has made till date, the receivables the company is yet to receive, the accumulated income earned by the company and the value of the other assets. Then other expenses including the amount the company is yet to pay and the other liabilities has to be subtracted from the above amount. The resulting value should be divided by the total number of units available as on date. This will give the Net Asset Value of the scheme.

Some of the best performing schemes are:

Reliance Equity Fund:

This is an open ended equity scheme which primarily invest their money in the equities and the equity related stocks and securities of the best and top performing companies in the stock markets. These top companies should have high market capitalization. They also invest a part of the money in debt and money market products. This is to get secondary income from these secondary investments.

How to Invest?

You should analyze the performance of the other schemes by evaluating their past performance. The details are readily available in leading websites.

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