Reliance Prime Debt Fund is an open ended debt mutual fund under corporate bond category. Previously, this fund was named Reliance Medium Term Fund. The investment objective of Reliance Prime Debt Fund is to achieve maximized income by investing in debt securities and at same time maintaining a balance between safety, yield and liquidity.
Reliance Prime Debt Fund is managed by Ms. Anju Chhajer and Mr. Amit Tripathi. This fund invests in medium to short term corporate bonds. The minimum you can invest is Rs. 1000 in Reliance Prime Debt Fund growth plan. Generally, this fund invests in debt securities which are capable of generating optimized return with a moderate investment period of 1 to 1.5 years.
Reliance Prime Debt Fund Facts
- Reliance Prime Debt Fund portfolio allocation includes 56.29% in corporate bonds, 24.17% in PTC, 8.11% in floating rate note, 7.42% in zero coupon bond, 3.92% in cash and other receivables and 0.08% in state government bond.
- The ideal investment period of Reliance Prime Debt Fund is 6 to 12 months.
- You just opt for this mutual fund scheme investment online in India with just a few clicks.
- For the last nineteen years, Reliance Prime Debt Fund growth scheme has sustained different market cycles and has generated 7.55% and 8.13% return respectively in the last 3 years and 5 years.
Top 5 Sectors of Reliance Prime Debt Fund
|
S.No. |
Holding Name |
Net Assets (in %) |
|
1 |
Miscellaneous |
63.71 |
|
2 |
Miscellaneous |
24.17 |
|
3 |
Miscellaneous |
8.11 |
|
4 |
Miscellaneous |
3.92 |
|
5 |
Miscellaneous |
0.08 |
(as on 18/04/2019)
Top 10 Holdings of Reliance Prime Debt Fund
|
S.No. |
Holding Name |
Net Assets (%) |
|
1 |
Dewan Housing Finance Corporation Limited |
8.11 |
|
2 |
Sansar Trust |
8.09 |
|
3 |
RENT-A-DEVICE TRUST |
6.51 |
|
4 |
9.57% NRSS XXIX Transmission Limited |
6.19 |
|
5 |
8.33% Panchshil Corporate Park Private Limited |
6.11 |
|
6 |
Reliable Devices Trust |
5.38 |
|
7 |
9.85% Adani Transmission Limited |
4.99 |
|
8 |
9.05% Dewan Housing Finance Corporation Limited |
4.65 |
|
9 |
8.53% Motilal Oswal Financial Services Limited |
4.53 |
|
10 |
Bharti Telecom Limited |
4.45 |
(as on 18/04/2019)
Reliance Prime Debt Fund Details
Launch Date- September 14, 2000
Fund Manager- Ms. Anju Chhajer, Mr. Amit Tripathi
Risk- Moderate
Benchmark- NIFTY Short Duration Total Return Index
Return Since Launch- 7.63%
AUM- Rs. 2432.35 crore (as on 31st Mar, 2019)
Reliance Prime Debt Fund performance table is shown below-
|
|
1-Year |
3-Year |
5-Year |
10-Year |
|
Fund |
7.51 |
7.55 |
8.13 |
7.98 |
|
VR Bond |
6.66 |
6.51 |
7.70 |
6.73 |
|
Category |
6.47 |
6.94 |
7.89 |
7.23 |
|
Rank within Category |
5 |
5 |
6 |
2 |
|
Number of funds in category |
17 |
16 |
13 |
7 |
|
As on Apr 18, 2019 |
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