Reliance ETF NV20 is an open-ended large-cap equity fund. The Reliance ETF NV20 is managed by Mr. Mehul Dama. This fund was launched on 12th June 2015. The risk grade of Reliance ETF NV20 Fund is low.
The minimum investment for this fund is Rs.5,000. The benchmark of Reliance ETF NV20 Fund is NIFTY 50 Value 20 TRI. The exit load is zero for this fund. Reliance ETF NV20 Mutual Fund has given return 18.29% in three years. The return since the launch of Reliance ETF NV20 Fund is 12.85%. Reliance ETF NV20 Fund is managed by Reliance Mutual Fund passively as an exchange-traded fund which will employ an investment approach designed to track the performance of Nifty 50 Value 20 Index. Reliance ETF NV20 mutual fund scheme seeks to achieve this goal by investing in securities constituting the Nifty 50 Value 20 Index in the same proportion as in the Index.
Top 10 Sectors allocation of Reliance ETF NV20
| Industry | AUM (%) |
| Software | 41.50% |
| Petroleum Products | 21.48% |
| Consumer Non Durables | 8.73% |
| Power | 6.33% |
| Auto | 5.17% |
| Oil | 3.23% |
| Banks | 3.01% |
| Minerals/ Mining | 2.70% |
| Ferrous Metals | 2.66% |
| Non-Ferrous Metals | 2.22% |
Top 10 holdings of Reliance ETF NV20 Fund
| Company | % Assets |
| Infosys Limited | 16.06 |
| Reliance Industries Limited | 15.92 |
| Tata Consultancy Services Limited | 14.69 |
| Hindustan Unilever Limited | 8.73 |
| HCL Technologies Limited | 4.14 |
| Tech Mahindra Limited | 3.67 |
| NTPC Limited | 3.37 |
| Oil & Natural Gas Corporation Limited | 3.23 |
| Yes Bank Limited | 3.01 |
| Power Grid Corporation of India Limited | 2.97 |
| Wipro Limited | 2.94 |
| Bajaj Auto Limited | 2.78 |
| Coal India Limited | 2.7 |
| Tata Steel Limited | 2.66 |
| Indian Oil Corporation Limited | 2.48 |
| Hero MotoCorp Limited | 2.4 |
| Vedanta Limited | 2.22 |
| GAIL (India) Limited | 2.17 |
| Bharat Petroleum Corporation Limited | 1.91 |
| Hindustan Petroleum Corporation Limited | 1.18 |
| Triparty Repo | 0.66 |
| Net Current Assets | 0.13 |
| Cash Margin – CCIL | 0 |
Performance
| 1-Year | 3-Year | 5-Year | 10-Year | |
| Fund | 26.13 | 18.29 | – | – |
| Category | 12.7 | 14.87 | – | – |
| Rank within Category | 2 | 3 | – | – |
| Number of funds in category | 91 | 76 | – | – |
As on Apr 01, 2019
