Reliance Mutual Fund (RMF) is one of India’s leading Mutual Funds, with Average Assets Under Management (AAUM)

of Rs. 1,18,973
Crores and an investor count of over 74 Lakh folios. (AAUM and investor count as of May 2010) AAUM
Source : http://www.amfiindia.com/ 

Reliance Mutual Fund, a part of the Reliance - Anil Dhirubhai Ambani Group, is one of the fastest growing mutual funds in the country.
RMF offers investors a well-rounded portfolio of products to meet varying investor requirements and has presence in 159 cities across the
country. Reliance Mutual Fund constantly endeavors to launch innovative products and customer service initiatives to increase value to
investors. "Reliance Mutual Fund schemes are managed by Reliance Capital Asset Management Limited., a subsidiary of Reliance Capital
Limited, which holds 93.37% of the paid-up capital of RCAM, the balance paid up capital being held by minority shareholders." 

Reliance Capital Ltd. is one of India’s leading and fastest growing private sector financial services companies, and ranks among the top 3
private sector financial services and banking companies, in terms of net worth. Reliance Capital Ltd. has interests in asset management, life
and general insurance, private equity and proprietary investments, stock broking and other financial services. 

Sponsor: Reliance Capital Limited 

Trustee: Reliance Capital Trustee Co. Limited 
Investment Manager: Reliance Capital Asset Management Limited 
Statutory Details: The Sponsor, the Trustee and the Investment Manager are incorporated under the Companies Act 1956.

Risk Factors: Mutual Funds and securities investments are subject to market risks and there is no assurance or guarantee that the
objectives of the Scheme will be achieved. As with any investment in securities, the NAV of the Units issued under the Scheme can go
up or down depending on the factors and forces affecting the capital markets. Past performance of the Sponsor/AMC/Mutual Fund is
not indicative of the future performance of the Scheme. The Sponsor is not responsible or liable for any loss resulting from the operation of
the Scheme beyond their initial contribution of Rs.1 lakh towards the setting up of the Mutual Fund and such other accretions and additions
to the corpus. The NAV of the Scheme may be affected, interalia, by changes in the market conditions, interest rates, trading volumes,
settlement periods and transfer procedures. The Mutual Fund is not assuring that it will make periodical dividend distributions, though it has
every intention of doing so. All dividend distributions are subject to the availability of distributable surplus in the Scheme. For details of
scheme features and for scheme specific risk factors, please refer to the Scheme Information Document. Please read the Statement of
Additional Information and Scheme Information Document carefully before investing.

Vision & Mission Statement

Vision Statement

To be a globally respected wealth creator with an emphasis on customer care and a culture of good corporate governance.

Mission Statement

To create and nurture a world-class, high performance environment aimed at delighting our customers.

Corporate Governance
Our Corporate Governance Policy :

Reliance Capital Asset Management Ltd. has a vision of being a leading player in the Mutual Fund business and has achieved significant
success and visibility in the market. 

However, an imperative part of growth and visibility is adherence to Good Conduct in the marketplace. At Reliance Capital Asset
Management Ltd., the implementation and observance of ethical processes and policies has helped us in standing up to the scrutiny of our
domestic and international investors. 

Management :
The management at Reliance Capital Asset Management Ltd. is committed to good Corporate Governance, which includes transparency and
timely dissemination of information to its investors and unit holders. The Board of Directors of RCAM is a professional body, including
well-experienced and knowledgeable Independent Members. Regular Audit Committee meetings are conducted to review the operations and
performance of the company.

Employees :
Reliance Capital Asset Management Ltd. has at present, a code of conduct for all its officers. It has a clearly defined prohibition on insider
trading policy and regulations. The management believes in the principles of propriety and utmost care is taken while handling public
money, making proper and adequate disclosures. 

All personnel at Reliance Capital Asset Management Ltd are made aware of their rights, obligations and duties as part of the Dealing Policy
laid down in terms of SEBI guidelines. They are taken through a well-designed HR program, conducted to impart work ethics, the Code of
Conduct, information security, Internet and e-mail usage and a host of other issues. 

One of the core objectives of Reliance Capital Asset Management Ltd. is to identify issues considered sensitive by global corporate
standards, and implement policies/guidelines in conformity with the best practices as an ongoing process. 

Reliance Capital Asset Management Ltd. gives top priority to compliance in true letter and spirit, fully understanding its fiduciary
responsibilities.

Sponsors
Reliance Capital Limited :

Corporate & Registered Office :

Reliance Capital Ltd. H Block, 1st Floor, Dhirubhai Ambani Knowledge City, Koparkhairne, Navi Mumbai - 400 710.Tel. 022 – 30327000,
Fax. 022 – 30327202

Reliance Mutual Fund schemes are managed by Reliance Capital Asset Management Limited., a subsidiary of Reliance Capital Limited,
which holds 93.37% of the paid-up capital of RCAM, the balance paid up capital being held by minority shareholders. Reliance Mutual Fund
(RMF) has been sponsored by Reliance Capital Ltd (RCL). The promoter of RCL is AAA Enterprises Private Limited. Reliance Capital
Limited is a Non Banking Finance Company. Reliance Capital Limited is one of the India’s leading and fastest growing financial services
companies, and ranks among the top three private sector financial services and banking companies, in terms of networth.  

Reliance Capital has interests in asset management and mutual funds, life and non-life insurance, private equity and proprietary investments,
stock broking and other activities in the financial services sector. The net worth of RCL is Rs. 6086 crore as on March 31, 2008. Given
below is a summary of RCL’s financials:

Particulars
2007-08 2006-07 2005-06
(Rs.in crores)
Total Income 883.86 652.02
2079.79
Profit Before Tax 733.18 550.61
1171.45
Profit After Tax 646.18 537.61
1025.45
4915.07 3849.58
Reserves & Surplus 5779.06
Net Worth 5161.23 4122.46
5927.50
Earnings per Share (Rs.) 28.39 29.74
41.75 (Basic + Diluted) (Basic + Diluted)
(Basic + Diluted)
Dividend (%) 35% 30%
55%
Paid up Equity Capital 246.16 223.40
246.16
Reliance Capital Ltd. has contributed Rupees One Lac as the initial contribution to the corpus for the setting up of the Mutual Fund. Reliance
Capital Ltd. is responsible for discharging its functions and responsibilities towards the Fund in accordance with the Securities and Exchange
Board of India (SEBI) Regulations. 

The Sponsor is not responsible or liable for any loss resulting from the operation of the Scheme beyond the contribution of an amount of
Rupees one Lac made by them towards the initial corpus for setting up the Fund and such other accretions and additions to the corpus.

The AMC
About Reliance Capital Asset Management Ltd.
 
Reliance Capital Asset Management Ltd.(RCAM) is an unlisted Public Limited Company incorporated under the Companies Act, 1956 on
February 24, 1995, having its registered office at "Reliance House", Near. Mardia Plaza, Off. C.G. Road, Ahmedabad, 380 006 and its
Corporate Office at One Indiabulls Centre, Tower 1, Jupiter Mills Compound , 841, Senapati Bapat Marg, Elphinstone Road, Mumbai - 400
013. RCAM has been appointed as the Asset Management Company of Reliance Mutual Fund by The Trustee vide Investment Management
Agreement (IMA) dated May 12, 1995 and executed between Reliance Capital Trustee Co. Limited and Reliance Capital Asset Management
Ltd. and amended on August 12, 1997 and January 20, 2004 in line with SEBI (Mutual Funds) Regulations, 1996). 

Pursuant to this IMA, RCAM is authorised to act as Investment Manager of the Mutual Fund. The networth of the Asset Management
Company based on audited accounts as on March 31, 2009 is Rs. 841.32 Crore. The Mutual Fund has launched Forty Seven Schemes till
date, namely:

 
Reliance Growth Fund (September 1995) Reliance Vision Fund (September
Reliance Income Fund (December 1997) 1995)
Reliance Medium Term Fund (August 2000) Reliance Liquid Fund (March 1998)
Reliance Fixed Term Scheme (March 2003) Reliance Short Term Fund (December
Reliance Gilt Securities Fund (July 2003) 2002)
Reliance Monthly Income Plan (December Reliance Banking Fund (May 2003)
2003) Reliance Diversified Power Sector
Reliance Pharma Fund ( May 2004) Fund (March 2004)
Reliance Media & Entertainment Fund Reliance Floating Rate Fund (August
(September 2004) 2004)
Reliance NRI Income Fund (October 2004) Reliance NRI Equity Fund (October
Reliance Equity Opportunities Fund 2004)
(February 2005) Reliance Index Fund (February 2005)*
Reliance Fixed Maturity Fund – Series II Reliance Fixed Maturity Fund – Series
(April 2005) I (March 2005)
Reliance Liquidity Fund (June 2005) Reliance Regular Savings Fund (May
Reliance Fixed Tenor Fund (November 2005) 2005)
Reliance Fixed Horizon Fund I (August Reliance Tax Saver (ELSS) Fund (July
2006) 2005)
Reliance Fixed Horizon Fund III (March Reliance Equity Fund (February 2006)
2007) Reliance Fixed Horizon Fund (April
Reliance Interval Fund (March 2007) 2006)
Reliance Equity Advantage Fund (June 2007) Reliance Fixed Horizon Fund II
Reliance Fixed Horizon Fund V (September ( November 2006)
2007) Reliance Long Term Equity Fund
Reliance Equity Linked Saving Fund - Series (November 2006)
I (December 2007) Reliance Money Manager Fund
Reliance Natural Resources Fund (January (March 2007)
2008) Reliance Fixed Horizon Fund IV
Reliance Fixed Horizon Fund VIII (March (August 2007)
2008) Reliance Gold Exchange Traded Fund
Reliance Banking Exchange Traded Fund (October 2007)
(May 2008) Reliance Fixed Horizon Fund VI
Reliance Fixed Horizon Fund XI (October (December 2007)
2008) Reliance Fixed Horizon Fund VII
  (January 2008)
Reliance Fixed Horizon Fund IX
(March 2008)
Reliance Fixed Horizon Fund X
 (August 2008)
Reliance Fixed Horizon Fund XII
(November 2008)
Reliance Infrastructure Fund (June
2009)
 
 
RCAM has been registered as a Portfolio Manager vide SEBI Registration No. INP000000423 and renewed effective 1st August, 2009.

RCAM was appointed as the Investment Manager of “Reliance India Power Fund”, a Venture Capital Fund registered with the SEBI vide
registration number IN/VCF/05-06/062 dated June 16, 2005.
Reliance Capital Asset Management Limited has also incorporated a wholly owned subsidiary named Reliance Capital Pension Fund
Limited for managing the funds of Pension Fund Regulatory and Development Authority (PFRDA) – Mandate vide Letter of appointment
dated March 13, 2009.

The AMC has also been rendering advisory services in respect of ‘Emergent India Investment Limited’, an offshore fund for investment in
India. 

RCAM has commenced these activities. It has been ensured that key personnel of the AMC, the systems, back office, bank and securities
accounts are segregated activity wise and there exists systems to prohibit access to inside information of various activities. As per SEBI
Regulations, it will further ensure that AMC meets the capital adequacy requirements, if any, separately for each such activity.

However, there is no conflict of interest between various business activities carried on by Asset Management Company

 
Name and Address Other Directorships
Mr. Soumen Ghosh * Reliance General Insurance Co. Ltd
Kalpataru Horizon, Flat No. 264,  Reliance Life Insurance Pvt Ltd
Tower A, S.K. Ahire Marg,  Reliance Asset Management
Worli, Mumbai – 400 025 (Mauritius) Ltd
B.Sc (Hons) Mechanical Engineering from Reliance Home Finance Pvt Ltd
University of London. Reliance Consumer Finance Pvt Ltd
Reliance Capital (Singapore) Pte Ltd
ACA – Institute of Chartered  Reliance Asset Management
Accountants England & Wales (Malaysia)Sdn Bhd
Reliance Capital Pension Fund Ltd.
Reliance Exchangenext Pvt. Ltd.
 
Mr. Kanu Doshi Chairman :
102, Shivala, Khatau Road,  Matrix Advisors (India) Private Ltd.
Cuffe Parade, Mumbai - 400 005.
Director :
Chartered Accountant Motilal Oswal Asset Management
Company Ltd.
Peoples Financial Services Ltd.
Dalton Capital Advisors (India)
Private Ltd.
Edelweiss Asset Management Ltd.
 
 
Mr. Manu Chadha * Director :
C-35, Malcha Marg, TRC Financial Services Ltd.
Chankyapuri,  GIC Housing Finance Ltd.
New Delhi - 110 021.  TRC Corporate Consulting (P) Ltd.
 M/s TRC Securities Pvt Ltd.
Chartered Accountant Reliance Asset Management
(Singapore) Pte Ltd.

Partner :
M/s T. R. Chadha & Co., Chartered
Accountants
 
Mr. Sushil C. Tripathi, I. A. S. (Retd.) Director : 
27, Sector 15A,  IL&FS Infrastructure Development
NOIDA - 201 301(UP) Corporation Ltd.
Indusind Bank Ltd.
(Former Secretary to Government of India,  ILFS Energy Development
Ministry of Petroleum & Natural Gas /  Corporation Ltd
Ministry of Education) Kailash Healthcare Ltd
Gammon Infrastructure Projects Ltd.
Shipping Corporation of India Ltd
Power Grid Corporation of India Ltd.
 

he Mutual Fund
About Reliance Mutual Fund 

Reliance Mutual Fund (RMF) has been established as a trust under the Indian Trusts Act, 1882 with Reliance Capital Limited (RCL), as the
Settlor/Sponsor and Reliance Capital Trustee Co. Limited (RCTCL), as the Trustee.
RMF has been registered with the Securities & Exchange Board of India (SEBI) vide registration number MF/022/95/1 dated June 30, 1995.
The name of Reliance Capital Mutual Fund has been changed to Reliance Mutual Fund effective 11th March 2004 vide SEBI's letter no.
IMD/PSP/4958/2004 date 11th March 2004. Reliance Mutual Fund was formed to launch various schemes under which units are issued to
the Public with a view to contribute to the capital market and to provide investors the opportunities to make investments in diversified
securities.

The main objectives of the Trust are :

To carry on the activity of a Mutual Fund as may be permitted at law and formulate and devise various collective Schemes of
savings and investments for people in India and abroad and also ensure liquidity of investments for the Unit holders;
To deploy Funds thus raised so as to help the Unit holders earn reasonable returns on their savings and
To take such steps as may be necessary from time to time to realise the effects without any limitation.

Our Schemes
Equity/Growth Schemes