Reliance US Equity Opportunities Fund - Direct Plan - Growth

Regular

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.
Direct

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.

Category : Sectoral/Thematic

Fund House : Reliance Mutual Fund

NAV

This number shows latest NAV (Net Asset Value) and change in the NAV from previous day. NAV is nothing but the unit price for the fund. You will be allocated number of units based on this price. NAV is declared once each day generally at the end of the day. Once you invest in mutual funds, your money is further invested in stocks and bonds by mutual fund managers. Mutual Fund NAV is the per unit latest value of all such stocks/bonds held in the portfolio

: ₹ 15.3163 -0.57%
(as on 15th March, 2019)

Crisil Rank

Not Ranked

Rank not available for the fund

0

100

Fund Size

: ₹ 34.12 Cr

(0.05% of Investment in Category)

Expense Ratio

: 1.76%

(1.42% Category average)

Risk-O-Meter

High

Suitable For : Investors who have advanced knowledge of macro trends and prefer to take selective bets for higher returns compared to other Equity funds. At the same time, these investors should also be ready for possibility of moderate to high losses in their investments even though overall market is performing better.

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6M
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This Scheme

VS

Benchmark
S&P BSE 500

8.61%

3.55%

-0.98%

5.52%

9.68%

13.5%

0%
NA
8.49%

3.52%

-0.76%

1.64%

8.63%

15.75%

11.46%

NA
Gold

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Returns Calculator
SIP Calculator
VIP (Value Avg)

Amount

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Profit/Loss

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Annualised Returns

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Returns (NAV as on 15th March, 2019)

Period Invested for	₹10000 Invested on	Latest Value	Absolute Returns	Annualised Returns	Category Avg	Rank within Category
1 Week	08-Mar-19	10140.42	1.40%	-	1.25%	43/95
1 Month	15-Feb-19	9772.47	-2.28%	-	8.49%	91/94
3 Month	17-Dec-18	10876.12	8.76%	-	3.52%	18/93
6 Month	17-Sep-18	9858.46	-1.42%	-	-0.76%	46/88
YTD	02-Apr-18	12339.71	23.40%	-	3.02%	2/80
1 Year	15-Mar-18	11482.95	14.83%	14.83%	1.64%	5/80
2 Year	15-Mar-17	13924.54	39.25%	18.00%	8.63%	9/79
3 Year	15-Mar-16	15747.14	57.47%	16.34%	14.39%	27/79
Since Inception	23-Jul-15	15316.30	53.16%	12.40%	-	-/-

Returns Calculator Detailed Returns Analysis

SIP Returns (NAV as on 15th Mar,2019)

Period Invested for	₹1000 SIP Started on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 year	15-Mar-18	12000	12746.63	6.22 %	11.78 %
2 years	15-Mar-17	24000	28193.45	17.47 %	16.37 %
3 years	15-Mar-16	36000	45870.43	27.42 %	16.42 %

SIP Calculator Detailed Returns Analysis

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.|If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Portfolio (Updated on 28th Feb,2019)

Equity Holding : 0.00% | F&O Holdings : 0.00%| Foreign Equity Holdings : 88.48%| Total : 88.48%

No of Stocks : 20 (Category Avg - 32.81) | Large Cap Investments : 0%| Mid Cap Investments : 0% | Small Cap Investments : 0% | Other : 88.48%

Top 10 Stocks in Portfolio

How to read this table?

Stock Invested in	Sector	Value(Cr)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	Quantity	1M Change in Qty
Mastercard Ord SHS Class A	Foreign equity	26.9	7.89%	-0.15%	10.89% (Mar 2018)	7.52% (Oct 2018)	1.68 k	0.00
Iqvia Holdings	Foreign equity	23.8	6.97%	0.01%	7.13% (Nov 2018)	4.54% (Jun 2018)	2.39 k	0.00
O Reilly Automotive	Foreign equity	20.8	6.10%	-0.03%	6.74% (Dec 2018)	4.32% (Jun 2018)	786.00	0.00
Enbridge Inc	Foreign equity	20.4	5.99%	-0.44%	6.43% (Jan 2019)	3.77% (May 2018)	7.76 k	0.00
Visa Inc	Foreign equity	19.5	5.70%	0.07%	6.25% (Nov 2018)	4.19% (Jun 2018)	1.85 k	0.00
Booking Holdings Inc	Foreign equity	18.6	5.45%	-0.93%	7.96% (Apr 2018)	5.45% (Feb 2019)	154.00	0.00
Lowe S Companies Inc	Foreign equity	18.4	5.39%	0.04%	5.82% (Sep 2018)	4.35% (Jun 2018)	2.46 k	0.00
Facebook	Foreign equity	17.7	5.19%	-0.62%	5.91% (May 2018)	4.94% (Jul 2018)	1.54 k	0.00
Alphabet Inc	Foreign equity	17.2	5.05%	-0.43%	6.91% (Mar 2018)	5.02% (Oct 2018)	215.00	0.00
Microsoft Corp	Foreign equity	16.6	4.88%	1.42%	4.88% (Feb 2019)	0% (Mar 2018)	2.09 k	620.00

- indicates change in weight in the portfolio. # indicates a new entry.

Detailed Portfolio Analysis

Name	Type of Instrument	Weight (%)
Reverse Repo	Reverse Repo	11.63%
Net Receivables	Net Receivables	-0.11%

Detailed Portfolio Analysis

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 28th February, 2019)

Standard Deviation
Standard Deviation value gives an idea about how volatile fund returns has been in the past 3 years. Lower value indicates more predictable performance. So if you are comparing 2 funds (lets say Fund A and Fund B) in the same category. If Fund A and Fund B has given 9% returns in last 3 years, but Fund A standard deviation value is lower than Fund B. So you can say that there is a higher chance that Fund A will continue giving similar returns in future also whereas Fund B returns may vary.

Low volatility

11.43vs13.4

Category Avg
Beta
Beta value gives idea about how volatile fund performance has been compared to similar funds in the market. Lower beta implies the fund gives more predictable performance compared to similar funds in the market. So if you are comparing 2 funds (lets say Fund A and Fund B) in the same category. If Fund A and Fund B has given 9% returns in last 3 years, but Fund A beta value is lower than Fund B. So you can say that there is a higher chance that Fund A will continue giving similar returns in future also whereas Fund B returns may vary.

Low volatility

0.12vs0.66

Category Avg
Sharpe Ratio
Sharpe ratio indicates how much risk was taken to generate the returns. Higher the value means, fund has been able to give better returns for the amount of risk taken. It is calculated by subtracting the risk-free return, defined as an Indian Government Bond, from the fund's returns, and then dividing by the standard deviation of returns. For example, if fund A and fund B both have 3-year returns of 15%, and fund A has a Sharpe ratio of 1.40 and fund B has a Sharpe ratio of 1.25, you can chooses fund A, as it has given higher risk-adjusted return.

Better risk adjusted returns

0.86vs0.26

Category Avg
Treynor's Ratio
Treynor's ratio indicates how much excess return was generated for each unit of risk taken. Higher the value means, fund has been able to give better returns for the amount of risk taken. It is calculated by subtracting the risk-free return, defined as an Indian Government Bond, from the fund's returns, and then dividing by the beta of returns. For example, if fund A and fund B both have 3-year returns of 15%, and fund A has a Treynor's ratio of 1.40 and fund B has a Treynor's ratio of 1.25, then you can chooses fund A, as it has given higher risk-adjusted return.

Better risk adjusted returns

0.79vs0.08

Category Avg
Jension's Alpha
Alpha indicates how fund generated additional returns compared to a benchmark. Let's say if a fund A benchmarks its returns with Nifty50 returns then alpha equal to 1.0 indicates the fund has beaten the nifty returns by 1%, so the higher the alpha, the better.

Better risk adjusted returns

9.1vs-0.28

Category Avg

Alternative Funds (Category Peers)

Scheme Name	Crisil Rank	Asset Size (Cr)	1M	3M	6M	1Y	3Y
SBI Banking & Financial Services Fund - Direct Plan - Growth	NA	631.50	10.35	5.95	7.52	21.47	27.40
Tata Digital India Fund - Direct Plan - Growth	NA	421.55	-1.19	4.28	-4.29	20.73	15.00
Taurus Banking and Financial Services Fund - Direct Plan - Growth	NA	5.88	11.15	7.85	9.56	17.66	21.88
Tata Banking And Financial Services Fund - Direct Plan - Growth	NA	253.16	10.66	8.56	6.23	14.92	25.20
SBI Technology Opportunities Fund - Direct Plan - Growth	NA	145.55	-0.45	4.37	-1.69	14.36	12.30
ICICI Prudential US Bluechip Equity Fund - Direct Plan - Growth	NA	267.62	-1.67	5.79	-1.05	13.70	14.89
ICICI Prudential Technology Fund - Direct Plan - Growth	NA	480.49	-3.80	1.84	-5.11	13.57	13.34
Baroda Banking and Financial Services Fund - Plan B (Direct) - Growth	NA	37.61	11.02	7.55	7.50	13.32	19.98
ICICI Prudential Banking and Financial Services Fund - Direct Plan - Growth	NA	2604.45	14.03	7.33	8.44	13.10	27.33
Invesco India Financial Services Fund - Direct Plan - Growth	NA	120.45	11.43	7.28	7.67	12.39	24.46

Detailed Comparison

More Funds from Reliance Mutual Fund

Out of 201 mutual fund schemes offered by this AMC, 4 is/are ranked 5 * , 1 is/are ranked 4 * , 12 is/are ranked 3 * , 7 is/are ranked 2 * , 3 is/are ranked 1 * , and 174 schemes are not ranked. See more about AMC

Scheme Name	Crisil Rank	Asset Size (Cr)	1M	3M	6M	1Y	3Y
Reliance Liquid Fund - Direct Plan - Growth	3	41188.08	0.55	1.80	3.74	7.63	7.30
Reliance Equity Hybrid Fund - Direct Plan - Growth	2	12282.57	7.56	3.49	-3.71	1.32	13.96
Reliance Large Cap Fund - Direct Plan - Growth	5	11694.48	9.56	6.04	0.23	9.73	19.21
Reliance Multicap Fund - Direct Plan - Growth	4	9680.26	10.03	4.25	2.39	7.66	16.46
Reliance Credit Risk - Direct Plan- Growth	2	9628.23	0.81	2.63	4.62	7.65	8.74
Reliance Tax Saver Fund - Direct Plan - Growth	1	9613.98	10.84	2.02	-5.53	-8.65	11.66
Reliance Arbitrage Fund - Direct Plan - Growth	5	8955.76	0.50	1.58	3.62	7.06	6.95
Reliance Small Cap Fund - Direct Plan - Growth	3	7244.94	11.65	1.39	-8.50	-9.46	20.93
Reliance Low Duration Fund - Direct Plan - Growth	3	6838.48	0.82	2.45	4.67	8.24	7.97
Reliance Short Term Fund - Direct Plan - Growth	2	6686.82	0.88	2.65	4.96	7.16	7.84