RELIANCE

VISION FUND
(An open ended Equity Growth Scheme)

Wealth creation from our perspective*

Call : 8019 446 446 Sivakumar Akkari

sivakumar.akkari@gmail.com

ARN-113854
Tirupati-517507

This product is suitable for investors who are seeking*

Long term capital growth.

Investment in equity and equity related instruments through a
research based approach.

*Investors should consult their financial advisors if in doubt about

whether the product is suitable for them. Investors understand that their principal will be at Moderately High risk

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
 Reliance Vision Fund
SCHEME DETAILS CURRENT INVESTMENT PHILOSOPHY
The fund pre-dominantly invests in large cap with tactical exposure to mid cap.
Inception Date 8th October 1995 Large cap stocks endeavor to provide stability & liquidity to the portfolio.
Almost 50% of the portfolio consists of companies which are potential leaders in their
respective sectors with an aim to provide a solid base to the portfolio.
Month end AUM: Rs. 3,074.70 crs Focus of the fund is on macro understanding of sector calls; may take large sector devia-
Fund Size
(April 2016) tion in few sectors.
Stocks in portfolio are attractively valued which has the potential to create wealth in the
An Open Ended Equity medium to long term.
Scheme Type
Growth Scheme Backed by Fund Management expertise & growth oriented strategy, the fund endeavors to
perform well in the broad market condition.
Benchmark S&P BSE 100
WHY INVEST
Investments in market leaders with established business models and tactical exposure to
Fund Manager Ashwani Kumar high quality mid caps
Differentiated high conviction investments with strong fundamentals (for ex: MNCs)
Current portfolio well positioned to gain significantly from domestic revival
Entry Load Nil
NAV MOVEMENT
1% if redeemed or switched out SCHEME:
600
on or before completion of 1 year Rs. 1 lac invested at the time of inception is worth Rs. 41.76 lac in 29 Apr 2016
the scheme compared to Rs. 8.39 lac in the Benchmark.
from the date of allotment of 500 Rs. 41,75,535
units.

Normalized Values
Reliance Vision Fund S&P BSE 100
Exit Load 400
Nil if redeemed or switched out
300
after the completion of 1 year INVESTMENT:
from the date of allotment of 200
08 October 1995 BENCHMARK:
29 Apr 2016
units. 100 Rs. 1,00,000 Rs. 8,39,197

PORTFOLIO DETAILS 0

Portfolio Market Capitalization Please Refer Page 3 for detailed Scheme Performance
80% 78%
60% 40000 SIP Returns 31321
40% 30000
4%
20% 5% 12% 20000
9611
0% 10000 2117
120 120 360 443 600 845 1200 1800 2470
less than Rs. 0
3000 crs Rs. 3000 crs to 1 Year 3 Years 5 Years 10 Years 15 Years Since Inception
Rs. 10,000 crs Rs. 10,000 crs to
Rs. 18,000 crs more than Rs. Total Amount Invested (Rs '000) Market Value as on Apr 30, 2016
18,000 crs Please Refer Page 4 for detailed SIP Performance

WEIGHTAGE Dividend History

TOP 10 STOCKS The schemes Dividend Plan has given 23 dividends in the last 20 years!
(%)
HDFC BANK LIMITED 9.94 Record Date Rate (Re/ Unit) Cum Dividend NAV *EX Dividend NAV
15-Jan-16 4.50 40.9070 36.4070
INFOSYS LIMITED 9.90
16-Jan-15 5.00 52.8545 47.8545
TVS MOTOR COMPANY LIMITED 8.89 7-Mar-14 3.00 35.9875 32.9875
LARSEN & TOUBRO LIMITED 6.57 26-Mar-13 3.00 33.4918 30.4918
STATE BANK OF INDIA 5.53 23-Mar-12 1.50 36.7764 34.8218
18-Mar-11 4.00 41.0407 36.9343
ICICI BANK LIMITED 5.13
30-Mar-10 2.50 43.5704 41.1180
AXIS BANK LIMITED 5.13
27-Nov-09 5.00 45.5913 41.3967
TATA MOTORS LIMITED 4.84 20-Mar-09 2.00 26.3820 25.2740
ITC LIMITED 4.28 14-Mar-08 7.00 51.8903 41.5194
TATA STEEL LIMITED 3.60 26-Oct-07 3.00 67.0608 65.9300
19-Jan-07 8.00 55.7973 47.7900
TOP 5 SECTORS 9-Oct-06 2.00 50.4031 48.4000
28-Mar-06 7.50 54.4335 47.3900
19-Dec-05 3.00 48.0200 44.8500

Banks 28.2% 28-Mar-05 5.00 38.0200 32.3600

17-Dec-04 2.50 37.4000 35.6100
4-Jun-04 3.00 29.3600 26.1900
5-Feb-04 10.00 43.9600 33.9600
3-Dec-03 4.50 46.0400 42.0200
Auto 15.8% 23-Sep-03 2.50 37.5200 35.0200
25-Jun-03 2.50 30.5100 28.0100
24-Feb-03 3.00 27.6500 24.5100

Reliance Vision Fund has given a dividend of Rs. 94 per unit on the face value of Rs. 10 per unit, since inception.

Software 14.9% Disclaimer pertaining to SIP Returns: Past performance may or may not be sustained in the future. Returns on SIP and Benchmark
are annualised and cumulative investment return for cash flows resulting out of uniform and regular monthly subscriptions have been
worked out on excel spreadsheet function known as XIRR. It is assumed that a SIP of Rs. 10,000/- each executed on 10th of every month
has been taken into consideration including the first installment. It may please be noted that load has not been taken into consideration.
The amounts invested in SIP and the market values of such investments at respective periodic intervals thereof are simulated for illustra-
tive purposes for understanding the concept of SIP. This illustration should not be construed as a promise, guarantee on or a forecast of
Industrial any minimum returns. The Mutual Fund or the Investment Manager does not assure any safeguard of capital and the illustrated returns
13.4% are not necessarily indicative of future results and may not necessarily provide a basis for comparison with other investments. SIP does
Capital Goods
not guarantee or assure any protection against losses in declining market conditions.

Disclaimer pertaining to Dividend History: Past performance may or may not be sustained in the future. Dividend distribution is
subject to availability & adequacy of distributable surplus. The Mutual Fund is not assuring that it will make periodical dividend distribu-
tions, though it has every intention of doing so. After the payment of dividend, the per unit NAV falls to the extent of the dividend payout
Construction and distribution taxes, if any. Performance of dividend plan/option would be net of applicable statutory levy , if any. Face value of Rs.10.
6.6%
Project * NAV on the 1st transaction day after Record Date, which includes the mark to market impact also. The above table provides dividend
details of Other-than-direct-plan.

General Disclaimer: Data as on 30th April, 2016. Past Performance may or may not be sustained in future. Sector(s)/ Stock(s)/
Issuer(s) mentioned above are for the purpose of disclosure of the portfolio of the scheme(s) and should not be construed as a
recommendation. The Fund manager(s) may or may not choose to hold the stock mentioned, from time to time. Investors are requested
to consult their financial, tax and other advisors before taking any investment decision(s).
2
 Reliance Vision Fund
SCHEME PERFORMANCE SUMMARY
Scheme / Benchmark Index Value as Returns (%) Current Value of
on 31st Mar Since inception Mar 31, 2015 to Mar 31, 2014 to Mar 28, 2013 to Standard Invest-
2016 till Mar 31, 2016 Mar 31, 2016 Mar 31, 2015 Mar 31, 2014 ment of Rs 10,000
Reliance Vision Fund $ 19.91 -8.99 53.00 24.92 412,909
S&P BSE 100^ 7835.45 10.84 -8.96 28.32 18.11 82,430
S&P BSE Sensex* 25341.86 9.99 -9.36 24.89 18.85 70,389
PERFORMANCE OF OTHER OPEN ENDED SCHEMES MANAGED BY THE SAME FUND MANAGER
Reliance Tax Saver (ELSS) Fund $ 14.78 -12.33 70.36 33.55 42,722
S&P BSE 100^ 7835.45 10.99 -8.96 28.32 18.11 29,976
S&P BSE Sensex* 25341.86 10.95 -9.36 24.89 18.85 29,859
Reliance Top 200 Fund # $ 9.65 -9.22 50.01 20.24 22,197
S&P BSE 200^ 3259.37 6.63 -7.86 31.93 17.19 17,433
S&P BSE Sensex* 25341.86 6.00 -9.36 24.89 18.85 16,555

NAV per Unit

Inception Date
Scheme March 31, 2016 March 31, 2015 March 31, 2014 March 28, 2013 Inception NAV
Reliance Vision Fund $ 412.9070 453.6834 296.5208 237.3694 10.0000 8-Oct-95
Reliance Tax Saver (ELSS) Fund $ 42.7222 48.7292 28.6041 21.4189 10.0000 21-Sep-05
Reliance Top 200 Fund # $ 22.1971 24.4519 16.2999 13.5562 10.0000 8-Aug-07
$ Scheme managed by Mr. Ashwani Kumar. # Scheme managed by Mr. Sailesh Raj Bhan. ^ Benchmark. * Additional Benchmark.

Inception Dates: Reliance Vision Fund - 08/10/1995, Reliance Tax Saver (ELSS) Fund - 21/09/2005, Reliance Top 200 Fund - 08/08/2007

Note: Reliance Equity Advantage Fund was launched on 8th Aug 2007. Subsequently the key features of the Scheme have been changed w.e.f Aug,26 2011 and the Scheme
was renamed as Reliance Top 200 Fund. Performance details of close ended equity schemes and fixed income schemes are not provided since these are not compara-
ble with other schemes. The performance mentioned for all the above schemes is for their respective Growth Plan Growth Option.

Past performance may or may not be sustained in future and the same may not necessarily provide the basis for comparison with other investment. Since inception returns
(wherever provided) is computed on Compounded Annualized Growth Returns (CAGR) basis. For Scheme(s) which has completed more than 3 years, point to point returns
for twelve month periods for last 3 years is provided basis the last day of the calendar quarter and are computed on absolute basis. In case the scheme(s) which is in exist-
ence for more than 1 year but less than 3 years, point to point returns is provided for as many period as possible, such period being counted from the last day of the calendar
quarter and are computed on absolute basis. Since inception returns are based on first declared NAV. In case, the start/end date of the concerned period is non-business day
(NBD), the NAV of the previous date is considered for computation of returns.

PRODUCT LABELS
Name of Scheme This product is suitable for investors who are seeking*:
Reliance Tax Saver (ELSS) Fund
(An open ended Equity Linked Savings long term capital growth
Scheme) investment in equity and equity related securities

Reliance Top 200 Fund long term capital growth

(An open ended Diversified Equity Scheme) investment in equity and equity related securities of compa-
nies whose market capitalization is within the range of high-
est & lowest market capitalization of S&P BSE 200 Index. Investors understand that their principal
will be at Moderately High risk

*Investors should consult their financial advisors if in doubt about whether the product is suitable for them.

3
 Reliance Vision Fund
SIP PERFORMANCE OF EQUITY SCHEMES (as on April 30, 2016)
Reliance Vision Fund
Period Since Inception 15 Years 10 Years 5 Years 3 Years 1 Year
Total Amount Invested (Rs '000) 2470 1800 1200 600 360 120
Market Value as on Apr 30, 2016 31321.32 9610.65 2116.68 844.54 443.26 119.82
Scheme Return (%) IRR 21.00 20.12 10.99 13.79 14.25 -0.29
*Scheme Benchmark Return (%) IRR (S&P BSE 100) 12.80 13.83 8.51 8.94 6.21 -0.51
**Additional Benchmark Return(%) IRR (S&P BSE Sensex) 11.97 13.22 7.91 7.86 4.33 -2.30
Reliance Tax Saver (ELSS) Fund
Period Since Inception 15 Years 10 Years 5 Years 3 Years 1 Year
Total Amount Invested (Rs '000) 1280 - 1200 600 360 120
Market Value as on Apr 30, 2016 3076.67 - 2764.52 970.21 472.10 119.46
Scheme Return (%) IRR 15.67 - 16.00 19.51 18.77 -0.88
*Scheme Benchmark Return (%) IRR (S&P BSE 100) 8.81 - 8.51 8.94 6.21 -0.51
**Additional Benchmark Return(%) IRR (S&P BSE Sensex) 8.28 - 7.91 7.86 4.33 -2.30
Reliance Top 200 Fund
Period Since Inception 15 Years 10 Years 5 Years 3 Years 1 Year
Total Amount Invested (Rs '000) 1050 - - 600 360 120
Market Value as on Apr 30, 2016 1835.01 - - 851.88 428.67 116.34
Scheme Return (%) IRR 12.45 - - 14.15 11.89 -5.90
*Scheme Benchmark Return (%) IRR (S&P BSE 200) 9.11 - - 10.00 7.95 -0.09
**Additional Benchmark Return(%) IRR (S&P BSE Sensex) 7.91 - - 7.86 4.33 -2.30
Inception Dates: Reliance Vision Fund - 08/10/1995, Reliance Tax Saver (ELSS) Fund - 21/09/2005, Reliance Top 200 Fund - 08/08/2007.

Note: Reliance Equity Advantage Fund was launched on 8th Aug 2007. Subsequently the key features of the Scheme have been changed w.e.f Aug,26 2011 and the Scheme
was renamed as Reliance Top 200 Fund.

Disclaimer: Past performance may or may not be sustained in the future. Returns on SIP and Benchmark are annualised and
cumulative investment return for cash flows resulting out of uniform and regular monthly subscriptions have been worked out
on excel spreadsheet function known as XIRR. It is assumed that a SIP of Rs. 10,000/- each executed on 10th of every month
has been taken into consideration including the first installment. It may please be noted that load has not been taken into
consideration. The amounts invested in SIP and the market values of such investments at respective periodic intervals thereof
are simulated for illustrative purposes for understanding the concept of SIP. This illustration should not be construed as a
promise, guarantee on or a forecast of any minimum returns. The Mutual Fund or the Investment Manager does not assure any
safeguard of capital and the illustrated returns are not necessarily indicative of future results and may not necessarily provide
a basis for comparison with other investments. SIP does not guarantee or assure any protection against losses in declining
market conditions.

Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.