This is a guest login. You cancreatea regular account orloginto an existing one.

The scheme seeks to generate income by taking advantage of the arbitrage opportunities that potentially exists between cash and derivative market and within the derivative segment along with investments in debt securities & money market instruments.

Arbitrage funds invest in equity shares and derivatives and earn their returns through price differential between a stock and its futures. By investing in these funds, you can expect to earn better returns than what you would get from a bank account.

Arbitrage funds keep their equity investments fully hedged, which basically means that their returns are not impacted by the day-to-day ups and downs of the stock market. The risk of incurring a loss in these funds is low but they do not guarantee returns or safety of capital.

Retail investors can avoid these funds altogether. We believe thatliquid fundsare a better alternative with a somewhat similar risk-return payoff but better liquidity.

If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.

If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.

No tax is to be paid as long as you continue to hold the units.

Dividends paid by the mutual fund scheme are taxed at the rate of 10% (effectively 11.648%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

The Risk Measures have been calculated using calendar month returns for the last three years.

Highest grade ratings: Sovereign, AAA, A1+/P1+, AA+

Indicates an increase or decrease or no change in holding since last portfolio

Indicates an increase or decrease or no change in holding since last portfolio

Experience:Prior to joining Reliance AMC he has worked with ICICI Prudential AMC and Refco – Sify Securities Pvt. Ltd.

Personal finance advice and mutual fund ideas delivered to your inbox everyMonday

The scheme seeks to generate income by taking advantage of the arbitrage opportunities that potentially exists between cash and derivative market and within the derivative segment along with investments in debt securities & money market instruments.

Benchmark Change in Schemes of Reliance Mutual Fund

Fund Manager change in Two Schemes of Reliance Mutual Fund

Dividend in Two Schemes of Reliance Mutual Fund

Dividend Announced in Two Funds of Reliance Mutual Fund

Dividend Declared in Funds of Reliance Mutual Fund

Address:Reliance Centre, 7th Floor, South Wing Off Western Express Highway Santacruz (East) Mumbai – 400055

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address:Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills, Hyderabad – 500034