Reliance October 2010

FUNDAMENTALS
October 2010
Every successful journey starts with a bond of trust.
15 years of wealth creation

Statutory Details: Reliance Mutual Fund has been constituted as a trust in accordance with the provisions of the Indian Trusts Act, 1882. Sponsor: Reliance Capital Limited. Trustee: Reliance Capital Trustee Company Limited. Investment Manager: Reliance Capital Asset Management Limited (Registered Office of Trustee & Investment Manager: "Reliance House" Nr. Mardia Plaza, Off. C.G. Road, Ahmedabad 380 006). The Sponsor, the Trustee and the Investment Manager are incorporated under the Companies Act 1956. 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 Reliance Growth Fund (An open ended Equity Growth Scheme): The primary investment objective of the scheme is to achieve long term growth of capital by investing in equity and equity related securities through a research based investment approach. Asset Allocation: Equity and Equity related Instruments: 100 to 65%, Debt Instruments & Money Market Instruments: 35 to 0%. Reliance Vision Fund (An open ended Equity Growth Scheme): The primary investment objective of the scheme is to achieve long-term growth of capital by investment in equity and equity related securities through a research based investment approach. Asset Allocation: Equity and Equity related Instruments: 100 to 60%, Debt Instruments: 30 to 0%, Money Market Instruments: 10 to 0%. Loads (for both the Schemes): Entry Load - Nil, Exit Load - 1%, if redeemed or switched out on or before completion of 1 year from the date of allotment of units, Nil thereafter. Terms of issue: The NAV of both the Schemes will be calculated and declared on every Working Day. The Schemes provide sale / switch - in & repurchase /switch - out facility on all Business Days at NAV based prices. 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. Reliance Growth Fund and Reliance Vision Fund are only the names of the Scheme and does not in any manner indicate either the quality of the Scheme; its future prospects or returns. Past performance of the Sponsor/AMC/Mutual Fund is not indicative of the future performance of the Scheme. 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 apart from those mentioned above and for Scheme Specific Risk factor, Please refer to the Scheme Information Document. Please read the Scheme Information Document and Statement of Additional Information carefully before investing.
fun e ge
Your Fund Guide
Equity
Diversified Large Cap
Reliance Reliance Reliance Reliance Reliance Vision Fund....................................................................................................................................3 Equity Advantage Fund................................................................................................................4 Quant Plus Fund...........................................................................................................................5 NRI Equity Fund...........................................................................................................................6 Equity Fund....................................................................................................................................7
Diversified Mid Cap
Reliance Growth Fund.................................................................................................................................8 Reliance Long Term Equity Fund................................................................................................................9
Diversified Multi Cap Balanced
Reliance Regular Savings Fund Equity Option.......................................................................................10 Reliance Equity Opportunities Fund.........................................................................................................11 Reliance Regular Savings Fund Balanced Option.................................................................................12
Diversified Theme Based Sector
Reliance Infrastructure Fund.....................................................................................................................13 Reliance Natural Resources Fund.............................................................................................................14 Reliance Reliance Reliance Reliance Banking Fund..............................................................................................................................15 Diversified Power Sector Fund...........................................................................................15-16 Media & Entertainment Fund............................................................................................16-17 Pharma Fund.......................................................................................................................17-18
Tax Saver
Reliance Tax Saver (ELSS) Fund.........................................................................................................18-19 Reliance Equity Linked Saving Funds - Series 1.....................................................................................19
Liquid
Fixed Income
Reliance Liquidity Fund.............................................................................................................................20 Reliance Liquid Fund Treasury Plan.......................................................................................................21 Reliance Liquid Fund Cash Plan.............................................................................................................22
Ultra Short Term
Reliance Floating Rate Fund Short Term Plan...............................................................................22-23 Reliance Money Manager Fund.........................................................................................................23-25 Reliance Medium Term Fund.............................................................................................................25-26
Short Term
Reliance Short Term Fund..................................................................................................................26-27
Long Term
Reliance Regular Savings Fund Debt Option................................................................................27-28 Reliance Income Fund........................................................................................................................28-29
Dynamic
Reliance Dynamic Bond Fund..................................................................................................................29
Gilt
Reliance Gilt Securities Fund....................................................................................................................30 Reliance Monthly Income Plan................................................................................................................31
MIP
Exchange Traded Funds

ETF
Reliance Banking Exchange Traded Fund................................................................................................32 Reliance Gold Exchange Traded Fund......................................................................................................32
Fundamentals September 2010
Equity : Diversified Large Cap
FUnD DaTa Type. . . . . . . An Open Ended Equity Growth Scheme Date of allotment . . . . . . . . . . . . . October 8, 1995 Inception Date . . . . . . . . . . . . . . . . October 8, 1995 Corpus: . . . . 3697.96 crores (September 30, 2010) Minimum Investment . . . Retail Plan - Rs 5,000 and in multiples of Re 1 thereafter . . . . . . . . . . . . . . . . Institutional Plan - Rs 5 cr and in multiples of Re 1 thereafter Fund Manager . . . . . . . . . . . . . . . . . Ashwani Kumar Entry Load* . . . . . . . . . . . . . . . . . . . . Retail Plan: Nil . . . . . . . . . . . . . . . . . . . . . . . . Institutional Plan: Nil Exit Load (w.e.f August 24, 2009). . . . . . . . . . . . . . Retail Plan & Institutional Plan 1% if redeemed or switched out on or before completion of 1 year from the date of allotment of units. Nil if redeemed or switched out after completion of 1 year from the date of allotment of units * In terms of SEBI circular no. SEBI/IMD/CIR No.4/ 168230/09 dated June 30, 2009, no entry load will be charged by the Scheme to the investor effective August 1, 2009. Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors' assessment of various factors including the service rendered by the distributor. Benchmark. . . . . . . . . . . . . . . . . . . . BSE 100 Index PoRTFoLIo oF RELIanCE VISIon FUnD as on September 30, 2010 Holdings Weightage (%) Equities 95.55 State Bank Of India 11.04 Oil & Natural Gas Corporation Ltd. 5.32 Tata Steel Ltd. 4.41 Siemens Ltd. 4.22 Divi's Laboratories Ltd. 4.16 Bharat Forge Ltd. 3.52 Maruti Suzuki India Ltd. 3.51 Glaxosmithkline Pharmaceuticals Ltd. 3.48 Larsen & Toubro Ltd. 3.34 Infosys Technologies Ltd. 3.31 Aventis Pharma Ltd. 3.22 Reliance Industries Ltd. 3.20 Cadila Healthcare Ltd. 3.19 Bharat Petroleum Corporation Ltd. 2.96 ICICI Bank Ltd. 2.71 NTPC Ltd. 2.64 Reliance Infrastructure Ltd. 2.60 Canara Bank 2.54 Tata Consultancy Services Ltd. 2.26 Financial Technologies India Ltd 2.18 United Spirits Ltd. 2.16 Automotive Axles Ltd. 1.96 Hindustan Petroleum Corporation Ltd. 1.78 Ashok Leyland Ltd. 1.75 Cairn India Ltd. 1.63 Bharti Airtel Ltd. 1.49 ITC Ltd 1.30 Jaiprakash Associates Ltd. 1.28 HDFC Ltd 1.25 Tata Motors Ltd. 1.19 Reliance Communications Ltd 1.11 Ranbaxy Laboratories Ltd. 1.05 Mahindra Forgings Ltd. 1.05 SIP RETURn
Reliance Vision Fund

InVESTMEnT oBjECTIVE
The primary investment objective of the scheme is to achieve long-term growth of capital by investment in equity and equity related securities through a research based investment approach. PoRTFoLIo CoMPoSITIon aS on SEPTEMBER 30, 2010
figures in %
IDR,Warrants,Derivatives, Debt, Cash and Other Receivables 4.45%
Pantaloon Retail (India) Ltd. 1.03 Equity Less Than 1% Of Corpus 1.72 IDR,Warrants,Derivatives,Debt, Cash and other Receivables 4.45 Grand Total 100.00 VoLaTILITy MEaSURES Beta Standard Deviation R Squared Sharpe Ratio Portfolio Turnover Ratio
(taken as 91days T-bill yield as on September 29, 2010)
0.8514 4.1947 0.9243 0.0363 1.33
Note: The above measures have been calculated by taking rolling return for a 3 year period from September 30, 2007 with 6.27% Risk Free returns
naV aS on SEPTEMBER 30, 2010 Reliance Vision Fund-Growth Plan Reliance Vision Fund-Bonus Plan Reliance Vision Fund-Dividend Plan Reliance Vision Fund-Institutional Growth Reliance Vision Fund-Institutional Dividend DIVIDEnD HISToRy Date February 24, 2003 June 25, 2003 September 23, 2003 December 3, 2003 February 5, 2004 June 4, 2004 December 17, 2004 March 28, 2005 December 19, 2005 March 28, 2006 October 9, 2006 January 19, 2007 October 26, 2007 March 14, 2008 March 20, 2009 November 27, 2009 March 30, 2010 Rate (Re/ Unit) 3.00 2.50 2.50 4.50 10.00 3.00 2.50 5.00 3.00 7.50 2.00 8.00 3.00 7.00 2.00 5.00 2.50 Cum Dividend naV 27.65 30.51 37.52 46.04 43.96 29.36 37.40 38.02 48.02 54.43 50.40 55.80 67.06 51.89 26.38 45.59 43.57
RS 298.7151 50.1663 48.7266 298.6885 273.9135
Equities 95.55%
*ExDividend naV 24.51 28.01 35.02 42.02 33.96 26.19 35.61 32.36 44.85 47.39 48.40 47.79 65.93 41.52 25.27 41.40 41.12
SECToR aLLoCaTIon aS on SEPTEMBER 30, 2010

MISCELLANEOUS 0.00% RETAILING CEMENT AUTO ANCILLARIES FINANCE TELECOM - SERVICES CONSTRUCTION PROJECT CONSUMER NON DURABLES INDUSTRIAL CAPITAL GOODS FERROUS METALS INDUSTRIAL PRODUCTS POWER AUTO OIL SOFTWARE PETROLEUM PRODUCTS PHARMACEUTICALS BANKS 1.03% 1.28% 1.96% 2.22% 2.59% 3.34% 3.46% 4.22% 4.41% 4.57% 5.99% 6.46% 6.95% 7.74% 7.94% 15.10% 16.29%
"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 distributions, 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 and distribution taxes, if any. Performance of Dividend Plan/Option would be net of applicable statutory levy, if any * NAV on the 1st transaction day after Record Date, which includes the mark to market impact also. "
PERFoRManCE oF RELIanCE VISIon FUnD vs BSE 100 InDEx aS on SEPTEMBER 30, 2010 Period 6 months 1 Year 3 Years 5 Years Since Inception Returns of Scheme (%) 18.63 25.65 8.26 21.17 25.44 Returns of Benchmark (%) 14.09 19.00 5.81 18.39 13.28
"Returns are of Retail Plan - Growth Plan. Returns less than one year are absolute returns and returns of one year and more are compounded annualized returns. Calculations assume all payouts during the period have been reinvested in the units of the scheme at the prevailing NAV. Past performance may or may not be sustained in the future.
SPECIaL FEaTURE Reliance Any Time Money Card
as on September 30, 2010 Period 1 year 3 year 5 year Since Inception SIP Start Date October 1, 2009 October 1, 2007 October 1, 2005 October 8, 1995 Current NAV (As on September 30, 2010) 298.72 298.72 298.72 298.72 Total No. of units accumulated 47.44 180.00 333.12 7273.41 Total Amount Invested in Rs. 12000 36000 60000 180000 Market Value of Scheme in Rs. 14172.47 53768.45 99506.68 2172676.54 Market Value if invested in Benchmark in Rs. 13821.63 50622.78 92873.96 779250.44 Return on SIP in Scheme 37.04% 28.35% 20.54% 29.32% Return on SIP in Benchmark (BSE 100) 30.82% 23.85% 17.68% 17.73%
Assumptions: a) 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 Microsoft Excel spreadsheet function known as XIRR. b) Calculations assume that all payouts during the period have been reinvested in the units of the scheme at then prevailing NAV. c) It is assumed that a SIP of Rs. 1000/- 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. d) 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. Past performance may or may not be sustained in future.
Industry Classification as per AMFI.
Fundamentals October 2010
FUnD DaTa Type. . . . . An Open Ended Diversified Equity Scheme Date of allotment . . . . . . . . . . . . . . August 8, 2007 Inception Date . . . . . . . . . . . . . . . . . August 9, 2007 Corpus . . Rs 1326.65 crore (September 30, 2010) Minimum Investment . . . Retail Plan - Rs 5,000 and in multiples of Re 1 thereafter . . . . . . . . . . . . . . . . Institutional Plan - Rs 5 cr and in multiples of Re 1 thereafter Fund Manager . . .Ashwani Kumar & Sailesh Raj Bhan Load Structure: Entry Load* . . . . . . . . . . . . . . . . . . . . Retail Plan Nil . . . . . . . . . . . . . . . . . . . . . . . . Institutional Plan: Nil Exit Load (w.e.f August 24, 2009). . . . . . . . . . . . . . Retail Plan & Institutional Plan: 1% if redeemed or switched out on or before completion of 1 year from the date of allotment of units. Nil if redeemed or switched out after completion of 1 year from the date of allotment of units. * In terms of SEBI circular no. SEBI/IMD/CIR No.4/ 168230/09 dated June 30, 2009, no entry load will be charged by the Scheme to the investor effective August 1, 2009. Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors' assessment of various factors including the service rendered by the distributor. Benchmark. . . . . . . . . . . . . . . . . . . . .S&P CNX Nifty PoRTFoLIo oF RELIanCE EQUITy aDVanTaGE FUnD
Equity & Equity Equivalents 97.45%
VoLaTILITy MEaSURES Beta Standard Deviation R Squared Sharpe Ratio Portfolio Turnover Ratio 0.9105 4.3511 0.9825 0.0413 1.06
Reliance Equity Advantage Fund

The primary investment objective of the scheme is to seek to generate capital appreciation & provide longterm growth opportunities by investing in a portfolio predominately of equity & equity related instruments with investments generally in S & P CNX Nifty stocks and the secondary objective is to generate consistent returns by investing in debt and money & money market securities. PoRTFoLIo CoMPoSITIon aS on SEPTEMBER 30, 2010
Cash and Other Receivables 2.55%
Note: The above measures have been calculated by taking rolling return for a 3 year period from September 30, 2007 with 6.27% Risk Free returns (taken as 91days T-bill yield as on September 29, 2010)
naV aS on SEPTEMBER 30, 2010 Reliance Equity Advantage Growth Plan Reliance Equity Advantage Bonus Plan Reliance Equity Advantage Dividend Plan Reliance Equity Advantage Institutional Bonus Plan Reliance Equity Advantage Institutional Dividend Plan Fund-
RS
13.9345 Fund13.9345 Fund13.9345 Fund14.1716 Fund14.1716
figures in %
PERFoRManCE oF RELIanCE EQUITy aDVanTaGE FUnD vs S&P Cnx nIFTy aS on SEPTEMBER 30, 2010 Period 6 months 1 year 3 Years 5 Years Since Inception Returns of Scheme (%) 19.98 20.20 8.89 N.A. 11.98 Returns of Benchmark (%) 14.58 18.61 6.27 N.A. 10.51

MINERALS/MINING MISCELLANEOUS NON - FERROUS METALS CEMENT CHEMICALS CONSTRUCTION INDUSTRIAL PRODUCTS PHARMACEUTICALS CONSUMER NON DURABLES DIVERSIFIED INDUSTRIAL CAPITAL GOODS FERROUS METALS TELECOM - SERVICES OIL AUTO POWER CONSTRUCTION PROJECT FINANCE PETROLEUM PRODUCTS BANKS SOFTWARE 0.44% 1.20% 1.26% 1.27% 1.36% 1.43% 1.44% 2.47% 2.69% 3.01% 3.41% 3.93% 3.95% 4.23% 4.52% 5.02% 6.19% 6.91% 11.65% 12.05% 13.63%
as on September 30, 2010 Holdings Weightage (%) Equities 97.45 Reliance Industries Ltd. 7.44 HDFC Ltd 6.91 Larsen & Toubro Ltd. 6.19 HDFC Bank Ltd. 6.18 ICICI Bank Ltd. 5.87 Tata Consultancy Services Ltd. 4.89 HCL Technologies Ltd. 4.84 Maruti Suzuki India Ltd. 4.52 Oil & Natural Gas Corporation Ltd. 4.23 Tata Steel Ltd. 3.93 Siemens Ltd. 3.41 Hindustan Unilever Ltd. 3.01 Infosys Technologies Ltd. 2.87 Reliance Infrastructure Ltd. 2.82 ITC Ltd 2.69 Reliance Communications Ltd 2.01 Bharat Petroleum Corporation Ltd. 1.98 Bharti Airtel Ltd. 1.93 Hindustan Petroleum Corporation Ltd. 1.91 DLF Ltd. 1.43 Pidilite Industries Ltd. 1.36 Tata Power Co. Ltd. 1.30 ACC Ltd 1.27 Sterlite Industries Ltd. 1.26 Kirloskar Oil Engines Ltd 1.20 Graphite India Ltd. 1.17 KPIT Cummins Infosystem Ltd. 1.03 Equity Less Than 1% Of Corpus 4.39 Equity Equivalents 5.42 Cash and other Receivables 2.55 Grand Total 100.00
Returns of Retail Plan- Growth Plan. Returns less than one year are absolute returns and returns of one year and more are compounded annualized returns. Calculations assume that all payouts during the period have been reinvested in the units of the scheme at the then prevailing NAV. Past performance may or may not be sustained in the future.
FUnD DaTa Type. . . . . . . . . . . . . An Open Ended Equity Scheme Date of allotment . . . . . . . . . . . . . . .April 18, 2008 Inception Date . . . . . . . . . . . . . . . . . .April 18, 2008 Corpus . . . . . Rs 42.25 crore (September 30, 2010) Minimum Investment . . . Retail Plan - Rs 5,000 and in multiples of Re 1 thereafter, . . . . . . . . . . . . Institutional plan - Rs 5 crore and in multiples of Re 1 thereafter Fund Manager . . . . . . . . . . . . . . . . . . . Krishan Daga Entry Load* . . . . . . . . . . . . . . . . . . . . Retail Plan Nil . . . . . . . . . . . . . . . . . . . . . . . . .Institutional Plan Nil Exit Load (w.e.f August 24, 2009). . . . . . . . . . . . . . Retail Plan & Institutional Plan: 1% of the applicable NAV if redeemed or switched out on or before completion of 1 year from the date of allotment of units. There shall be no exit load after completion of 1 year from the date of allotment of units. * In terms of SEBI circular no. SEBI/IMD/CIR No.4/ 168230/09 dated June 30, 2009, no entry load will be charged by the Scheme to the investor effective August 1, 2009. Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors' assessment of various factors including the service rendered by the distributor. Benchmark ........ S&P CNX Nifty PoRTFoLIo oF RELIanCE QUanT PLUS FUnD
Equities 89.39%
naV aS on SEPTEMBER 30, 2010 Reliance Quant Plus Fund-Growth Plan Reliance Quant Plus Fund-Bonus Plan Reliance Quant Plus Fund-Dividend Plan
RS 14.3249 14.3249 14.3249
Reliance Quant Plus Fund

The investment objective of the Scheme is to generate capital appreciation through investment in equity and equity related instruments. The Scheme will seek to generate capital appreciation by investing in an active portfolio of stocks selected from S & P CNX Nifty on the basis of a mathematical model. PoRTFoLIo CoMPoSITIon aS on SEPTEMBER 30, 2010
Warrants,Cash and Other Receivables 10.61%
PERFoRManCE oF RELIanCE QUanT PLUS FUnDRETaIL PLan - GRoWTH vs S&P Cnx nIFTy FRoM aPRIL 18, 2008 To SEPTEMBER 30, 2010 Period Returns of Scheme (%) 6 Months 21.32 1 Year 24.17 3 Years N.A. 5 Years N.A. Since Inception 15.79 Inception date- April 18, 2008 Returns of Benchmark (%) 14.58 18.61 N.A. N.A. 8.30
"Returns are of Retail Plan - Growth Plan. Returns less than one year are absolute returns and returns of one year and more are compounded annualized returns. Calculations assume all payouts during the period have been reinvested in the units of the scheme at the prevailing NAV. Past performance may or may not be sustained in the future." Reliance Index Fund Sensex Plan and Nifty Plan was launched on February 8, 2005. Subsequently the trustees of RMF (w.e.f April 18, 2008) changed the features of the scheme and renamed the same as Reliance Quant Plus Fund. For more details on the features of Reliance Quant Plus Fund please refer addendum to the offer document dated March 17, 2008.
figures in %
as on September 30, 2010 Holdings Weightage (%) Equities 89.39 Infosys Technologies Ltd. 8.66 Reliance Industries Ltd. 8.18 Larsen & Toubro Ltd. 7.77 HDFC Bank Ltd. 7.07 ITC Ltd 6.96 State Bank Of India 6.90 ICICI Bank Ltd. 6.59 Tata Consultancy Services Ltd. 5.27 Oil & Natural Gas Corporation Ltd. 4.98 Tata Motors Ltd. 4.16 Other Equities 22.84 Warrants,Cash and other Receivables 10.61 Grand Total 100.00 VoLaTILITy MEaSURES Beta Standard Deviation R Squared Sharpe Ratio Portfolio Turnover Ratio 0.8784 4.0791 0.9760 0.0630 1.89
NON - FERROUS METALS POWER PHARMACEUTICALS INDUSTRIAL CAPITAL GOODS TELECOM - SERVICES FERROUS METALS OIL AUTO CONSUMER NON DURABLES CONSTRUCTION PROJECT PETROLEUM PRODUCTS SOFTWARE BANKS
1.98% 2.02% 2.29% 3.12% 3.47% 3.86% 4.98% 6.89% 6.96% 7.77% 9.42% 13.93% 22.70%
Note: The above measures have been calculated by taking rolling return since inception with 6.27% Risk Free returns (taken as 91days T-bill yield as on September 29, 2010)
FUnD DaTa Type. . . . . An Open Ended Diversified Equity Scheme Date of allotment: . . . . . . . . . . November 15, 2004 Inception Date . . . . . . . . . . . . . November 16, 2004 Corpus: . . . . . .142.64 crore (September 30, 2010) Minimum Investment . . . .Rs 5,000 & in multiples of . . . . . . . . . . . . . . . . . . . . . . . . . . . . Re.1 thereafter. Fund Manager . . . . . . . . . . . . . . Omprakash Kuckian Entry Load* . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nil Exit Load (w.e.f August 24, 2009). . . . . . . . . . . . . . 1% if redeemed or switched out on or before completion of 1 year from the date of allotment of units. Nil if redeemed or switched out after completion of 1 year from the date of allotment of units. * In terms of SEBI circular no. SEBI/IMD/CIR No.4/ 168230/09 dated June 30, 2009, no entry load will be charged by the Scheme to the investor effective August 1, 2009. Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors' assessment of various factors including the service rendered by the distributor. Benchmark. . . . . . . . . . . . . . . . . . . . BSE 200 Index PoRTFoLIo oF RELIanCE nRI EQUITy FUnD as on September 30, 2010 Holdings Weightage (%) Equities 97.67 Tata Motors Ltd. 6.93 State Bank Of India 6.82 Corporation Bank 6.07 Oil India Ltd. 5.27 Cummins India Ltd. 5.16 Oil & Natural Gas Corporation Ltd. 4.92 Oracle Financial Serv Software Ltd 4.70 ICICI Bank Ltd. 4.68 HCL Technologies Ltd. 4.42 Infosys Technologies Ltd. 4.28 Zee Entertainment Enterprises Ltd 4.21 Reliance Industries Ltd. 4.15 Grasim Industries Ltd. 3.89 Reliance Infrastructure Ltd. 3.75 Bajaj Finserv Ltd. 3.75 Larsen & Toubro Ltd. 3.60 Divi's Laboratories Ltd. 3.59 Hindustan Petroleum Corporation Ltd. 3.56 Sterlite Industries Ltd. 3.51 Pantaloon Retail (India) Ltd. 3.39 Voltas Ltd. 3.38 Hindustan Unilever Ltd. 3.25 Equity Less Than 1% Of Corpus 0.40 Cash and other Receivables 2.33 Grand Total 100.00
Reliance NRI Equity Fund

The primary investment objective of the scheme is to generate optimal returns by investing in equity and equity-related instruments primarily drawn from the Companies in the BSE 200 Index. PoRTFoLIo CoMPoSITIon aS on SEPTEMBER 30, 2010
naV aS on SEPTEMBER 30, 2010 Reliance NRI Equity Fund-Growth Plan Reliance NRI Equity Fund-Bonus Plan Reliance NRI Equity Fund-Dividend Plan DIVIDEnD HISToRy Date August 7, 2006 January 29, 2007 August 17, 2007 March 14, 2008 September 18, 2009 Rate (Re/ Unit) 1.00 2.50 2.00 1.50 4.00 Cum Dividend naV 19.6692 23.9940 22.4467 21.3340 23.5344
RS 42.5986 42.5986 25.3440
figures in %
*ExDividend naV 18.6693 21.3911 20.7827 18.5803 19.7095
Equities 97.67%
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 distributions, 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 and distribution taxes, if any. Performance of Dividend Plan/Option would be net of applicable statutory levy, if any * NAV on the 1st transaction day after Record Date, which includes the mark to market impact also.
PERFoRManCE oF RELIanCE nRI EQUITy FUnD VS BSE 200 InDEx aS on SEPTEMBER 30, 2010 Period 6 Months 1 Year 3 Years 5 Years Since Inception Returns of Scheme (%) 22.41 27.59 9.60 23.52 27.92 Returns of Benchmark (%) 14.87 20.79 6.08 18.16 22.07
"Returns are of Growth Plan. Returns less than one year are absolute returns and returns of one year and more are compounded annualized returns. Calculations assume all payouts during the period have been reinvested in the units of the scheme at the prevailing NAV. Past performance may or may not be sustained in the future."

MISCELLANEOUS DIVERSIFIED NON - FERROUS METALS PHARMACEUTICALS FINANCIAL SERVICES POWER RETAILING CEMENT MEDIA & ENTERTAINMENT INDUSTRIAL PRODUCTS AUTO CONSTRUCTION PROJECT PETROLEUM PRODUCTS OIL SOFTWARE BANKS 0.00% 3.25% 3.51% 3.59% 3.75% 3.75% 3.79% 3.89% 4.21% 5.16% 6.93% 6.98% 7.71% 10.19% 13.40% 17.57%
SIP RETURn as on September 30, 2010 Period 1 year 3 year 5 years Since inception SIP Start Date October 1, 2009 October 1, 2007 October 1, 2005 November 16, 2004 Current NAV (As on September 30, 2010) 42.60 42.60 42.60 42.60 Total No. of units accumulated 336.23 1344.36 2511.04 3458.26 Total Amount Invested in Rs. 12000 36000 60000 71000 Market Value of Scheme in Rs. 14322.81 57267.93 106966.73 147316.96 Market Value if invested in Benchmark in Rs. 13868.71 51455.37 93759.42 125001.85 Return on SIP in Scheme 39.74% 33.16% 23.55% 24.82% Return on SIP in Benchmark (BSE 200) 31.65% 25.06% 18.07% 19.16%
FUnD DaTa Type. . . . . An Open Ended Diversified Equity Scheme Date of allotment . . . . . . . . . . . . . March 28, 2006 Inception Date . . . . . . . . . . . . . . . . March 30, 2006 Corpus . . .Rs. 1814.55 crore (September 30, 2010) Minimum Investment . . . Retail Plan - Rs 5,000 and in multiples of Re 1 thereafter . . . . . . . . . . . . . . . . Institutional Plan - Rs 5 cr and in multiples of Re 1 thereafter Fund Manager . . . . . . . . . . . . . . Omprakash Kuckian Entry Load* . . . . . . . . . . . . . . . . . . . . Retail Plan: Nil . . . . . . . . . . . . . . . . . . . . . . . . Institutional Plan: Nil Exit Load (w.e.f August 24, 2009). . . . . . . . . . . . . . Retail Plan & Institutional Plan: 1% if redeemed or switched out on or before completion of 1 year from the date of allotment of units. Nil if redeemed or switched out after completion of 1 year from the date of allotment of units. * In terms of SEBI circular no. SEBI/IMD/CIR No.4/ 168230/09 dated June 30, 2009, no entry load will be charged by the Scheme to the investor effective August 1, 2009. Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors' assessment of various factors including the service rendered by the distributor. Benchmark. . . . . . . . . . . . . . . . . . . . .S&P CNX Nifty PoRTFoLIo oF RELIanCE EQUITy FUnD
Equities 88.32%
Reliance Equity Fund

The primary investment objective of the scheme is to seek to generate capital appreciation and provide long term growth opportunities by investing in a portfolio constituted of equity and equity related securities of top 100 companies by market capitalization and of companies which are available in the derivatives segment from time to time and the secondary objective is to generate consistent returns by investing in debt and money market securities.
naV aS on SEPTEMBER 30, 2010 Reliance Equity Fund-Growth Plan Reliance Equity Fund-Bonus Plan Reliance Equity Fund-Dividend Plan
RS 15.6341 15.6341 15.6341
PERFoRManCE oF RELIanCE EQUITy FUnD VS S&P Cnx nIFTy aS on SEPTEMBER 30, 2010 Period 6 months 1 Year 3 Years 5 Years Since Inception Returns of Scheme (%) 5.24 4.54 2.61 N.A. 10.06 Returns of Benchmark (%) 14.58 18.61 6.27 N.A. 13.42
PoRTFoLIo CoMPoSITIon aS on SEPTEMBER 30, 2010

figures in %
"Returns are of Retail Plan - Growth Plan. Returns less than one year are absolute returns and returns of one year and more are compounded annualized returns. Calculations assume all payouts during the period have been reinvested in the units of the scheme at the prevailing NAV. Past performance may or may not be sustained in the future."

MISCELLANEOUS 0.00% CONSTRUCTION ENGINEERING NON - FERROUS METALS TELECOM - SERVICES RETAILING INDUSTRIAL CAPITAL GOODS MEDIA & ENTERTAINMENT CONSUMER NON DURABLES AUTO POWER OIL PETROLEUM PRODUCTS PHARMACEUTICALS BANKS SOFTWARE 2.17% 2.31% 2.76% 2.79% 2.91% 3.41% 3.47% 4.49% 4.67% 5.30% 6.96% 7.54% 7.58% 14.74% 17.21%
as on September 30, 2010 Holdings Weightage (%) Equities 88.32 Oil & Natural Gas Corporation Ltd. 6.96 Tata Consultancy Services Ltd. 6.64 ICICI Bank Ltd. 6.13 Reliance Industries Ltd. 5.44 State Bank Of India 5.36 Reliance Infrastructure Ltd. 5.30 HCL Technologies Ltd. 4.64 Divi's Laboratories Ltd. 4.56 Zee Entertainment Enterprises Ltd 3.47 Bharat Heavy Electricals Ltd. 3.41 Financial Technologies India Ltd 3.41 Canara Bank 3.25 United Spirits Ltd. 3.03 Cipla Ltd. 3.02 Reliance Communications Ltd 2.79 Sterlite Industries Ltd. 2.76 Pantaloon Retail (India) Ltd. 2.67 Infosys Technologies Ltd. 2.52 Maruti Suzuki India Ltd. 2.38 Engineers India Ltd 2.31 Other Equities 8.25 Cash and other Receivables 11.68 Grand Total 100.00 Derivatives (Figures as a % Of Equity Corpus) Futures -9.30 Total Long Futures 1.99 Total Short Futures -11.29 options -11.23 Total Put Bought Notional Value* -11.23
*Not considered while calculating the NAV of the fund
Equity : Diversified Mid Cap
FUnD DaTa Type. . . . . . . An Open Ended Equity Growth Scheme Date of allotment . . . . . . . . . . . . . October 8, 1995 Inception Date . . . . . . . . . . . . . . . . October 8, 1995 Corpus: . . . . 8106.62 crores (September 30, 2010) Minimum Investment . . . Retail Plan - Rs 5,000 and in multiples of Re 1 thereafter . . . . . . . . . . . . . . . . Institutional Plan - Rs 5 cr and in multiples of Re 1 thereafter Fund Manager . . . . . . . . . . . . . . . . . .Sunil Singhania Entry Load* . . . . . . . . . . . . . . . . . . . . Retail Plan: Nil . . . . . . . . . . . . . . . . . . . . . . . . Institutional Plan: Nil Exit Load (w.e.f August 24, 2009). . . . . . . . . . . . . . Retail Plan & Institutional Plan 1% if redeemed or switched out on or before completion of 1 year from the date of allotment of units. Nil if redeemed or switched out after completion of 1 year from the date of allotment of units * In terms of SEBI circular no. SEBI/IMD/CIR No.4/ 168230/09 dated June 30, 2009, no entry load will be charged by the Scheme to the investor effective August 1, 2009. Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors' assessment of various factors including the service rendered by the distributor. Benchmark. . . . . . . . . . . . . . . . . . . . BSE 100 Index PoRTFoLIo oF RELIanCE GRoWTH FUnD as on September 30, 2010 Holdings Weightage (%) Equities 94.63 State Bank Of India 4.94 Bank Of Baroda 3.89 ICICI Bank Ltd. 3.39 Jindal Saw Ltd. 3.25 Lupin Ltd. 3.09 Oil & Natural Gas Corporation Ltd. 2.59 E.I.D. Parry (India) Ltd. 2.46 Jindal Steel & Power Ltd. 2.29 HCL Technologies Ltd. 2.24 Infosys Technologies Ltd. 2.11 Divi's Laboratories Ltd. 2.08 Ranbaxy Laboratories Ltd. 1.94 Strides Arcolab Ltd. 1.88 Edelweiss Capital Ltd. 1.79 Maruti Suzuki India Ltd. 1.74 Sintex Industries Ltd. 1.73 Reliance Industries Ltd. 1.73 Bombay Dyeing & Manufacturing Co. Ltd. 1.70 Tata Consultancy Services Ltd. 1.66 Crompton Greaves Ltd. 1.61 Radico Khaitan Ltd 1.61 Greaves Cotton Ltd. 1.59 United Spirits Ltd. 1.56 Adani Enterprises Ltd. 1.55 United Phosphorus Ltd. 1.54 Escorts Ltd. 1.50 Gujarat Mineral Development Corp Lt 1.42 HT Media Ltd. 1.34 Gujarat State Fertilizers & Chemicals Ltd. 1.34 Bank Of India 1.31 BEML Ltd. 1.25 Zee Entertainment Enterprises Ltd 1.21 Orient Paper & Industries Ltd. 1.21 Bajaj Holdings And Investment Ltd 1.20 NTPC Ltd. 1.19 Federal Bank Ltd. 1.18 Financial Technologies India Ltd 1.18 Bharti Airtel Ltd. 1.12 Hindalco Industries Ltd. 1.09 DB Realty Ltd. 1.06 SIP RETURn
Reliance Growth Fund

The primary investment objective of the scheme is to achieve long-term growth of capital by investing in equity and equity related securities through a research based investment approach.
Jaiprakash Associates Ltd. Equity Less Than 1% Of Corpus Debt,Cash and other Receivables Grand Total VoLaTILITy MEaSURES Beta Standard Deviation R Squared Sharpe Ratio Portfolio Turnover Ratio
1.05 19.00 5.37 100.00
0.8516 4.3117 0.8754 0.0584 0.47
naV aS on SEPTEMBER 30, 2010 Reliance Growth Fund-Growth Plan Reliance Growth Fund-Bonus Plan Reliance Growth Fund-Dividend Plan Reliance Growth Fund-Institutional Growth Reliance Growth Fund-Institutional Dividend DIVIDEnD HISToRy Date March 21, 2000 February 18, 2003 July 18, 2003 October 9, 2003 December 18, 2003 March 12, 2004 October 19, 2004 December 24, 2004 March 29, 2005 December 19, 2005 March 29, 2006 October 30, 2006 March 12, 2007 August 17, 2007 March 19, 2008 March 20, 2009 October 31, 2009 March 30, 2010 Rate Cum (Re/ Dividend Unit) naV 10.00 40.89 2.00 22.61 3.00 27.96 3.00 34.67 6.00 41.1 7.50 34.67 3.00 33.61 2.50 37.34 5.00 36.21 3.00 50.83 7.50 57.77 2.50 55.58 7.50 54.09 3.50 54.72 6.50 54.53 2.00 29.72 5.00 53.40 2.50 56.29
RS 509.5282 84.5187 62.4591 513.2638 496.5890

figures in %
Debt,Cash and Other Receivables 5.37%
Equities 94.63%

INFORMATION TECHNOLOGY 0.00% MISCELLANEOUS 0.01% HARDWARE 0.12% CHEMICALS 0.14% GAS 0.21% TRANSPORTATION 0.24% AUTO ANCILLARIES TELECOM - EQUIPMENT & ACCESSORIES RETAILING PAPER TEXTILE PRODUCTS CONSTRUCTION PROJECT NON - FERROUS METALS MINERALS/MINING PETROLEUM PRODUCTS TELECOM - SERVICES TRADING PESTICIDES POWER TEXTILES - COTTON CONSTRUCTION FERTILISERS MEDIA & ENTERTAINMENT CEMENT AUTO OIL INDUSTRIAL PRODUCTS INDUSTRIAL CAPITAL GOODS FINANCE CONSUMER NON DURABLES FERROUS METALS SOFTWARE PHARMACEUTICALS BANKS 0.59% 0.60% 0.78% 0.79% 0.95% 1.06% 1.09% 1.52% 1.73% 1.76% 1.80% 1.97% 2.18% 2.45% 2.46% 2.66% 2.66% 2.83% 3.24% 3.51% 4.16% 4.67% 5.51% 5.64% 6.28% 7.18% 9.15% 14.71%
*ExDividend naV 30.90 20.67 24.47 31.80 35.28 27.17 30.37 34.91 31.80 47.63 50.90 53.08 47.16 52.04 47.42 28.60 46.98 53.84
PERFoRManCE oF RELIanCE GRoWTH FUnD vs BSE 100 InDEx aS on SEPTEMBER 30, 2010 Period 6 months 1 Year 3 Years 5 Years Since Inception Returns of Scheme (%) 16.11 29.54 13.53 23.92 29.99 Returns of Benchmark (%) 14.09 19.00 5.81 18.39 13.28
as on September 30, 2010 Period 1 year 3 year SIP Start Date October 1, 2009 October 1, 2007 Current NAV (As on September 30, 2010) 509.53 509.53 Total No. of units accumulated 27.3758 109.6526 Total Amount Invested in Rs. 12000 36000 Market Value of Scheme in Rs. 13948.74 55871.09 Market Value if invested in Benchmark in Rs. 13821.63 50622.78 Return on SIP in Scheme 33.06% 31.27% Return on SIP in Benchmark (BSE 100) 30.82% 23.85%
Assumptions:
5 year October 1, 2005 509.53 212.9537 60000 108505.89 92873.96 24.15% 17.68%
Since inception October 8, 1995 509.53 6210.6519 180000 3164502.27 779250.44 33.58% 17.73%
a) 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 Microsoft Excel spreadsheet function known as XIRR. b) Calculations assume that all payouts during the period have been reinvested in the units of the scheme at then prevailing NAV. c) It is assumed that a SIP of Rs. 1000/- 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. d) 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. Past performance may or may not be sustained in future.
Equity : Diversified Mid Cap
FUnD DaTa Type. . . . . An Open Ended Diversified Equity Scheme Date of allotment . . . . . . . . . . December 26, 2006 Inception Date . . . . . . . . . . . . . December 27, 2006 Corpus . . Rs 1764.98 crore (September 30, 2010) Minimum Investment . . . .Rs 5,000 & in multiples of . . . . . . . . . . . . . . . . . . . . . . . . . . . . Re.1 thereafter. Fund Manager . . . . . . . . . . . . . . . . . .Sunil Singhania Assistant Fund Manager (w.e.f. September 1, 2010) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Samir Rachh Entry Load* . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nil Exit Load . . . . 1% if redeeemed/switched out on or before completion of 1 year from the date of alotment of units Nil if redeemed/switched out after completion of 1 year from the date of allotment of units * In terms of SEBI circular no. SEBI/IMD/CIR No.4/ 168230/09 dated June 30, 2009, no entry load will be charged by the Scheme to the investor effective August 1, 2009. Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors' assessment of various factors including the service rendered by the distributor. Benchmark. . . . . . . . . . . . . . . . . . . . BSE 200 Index PoRTFoLIo oF RELIanCE LonG-TERM EQUITy FUnD as on September 30, 2010 Holdings Weightage (%) Equities 97.59 Rallis India Ltd. 5.56 Wabco Tvs India Ltd 5.28 Corporation Bank 4.12 JSL Stainless Ltd 3.68 Greaves Cotton Ltd. 3.61 Bombay Rayon Fashions Ltd. 3.61 Bank Of Baroda 3.22 Unichem Laboratories Ltd. 3.17 Oriental Hotels Ltd. 3.04 Gujarat Narmada Valley Fertilisers Co. Ltd. 2.79 Tube Investments Of India Ltd. 2.75 Era Infra Engineering Ltd. 2.64 Lakshmi Machine Works Ltd. 2.53 Divi's Laboratories Ltd. 2.52 Abbott India Ltd 2.44 CCL Products India Ltd. 2.34 Anant Raj Ind Ltd. 2.21 Sintex Industries Ltd. 2.11 India Cements Ltd. 1.98 Karnataka Bank Ltd 1.97 United Phosphorus Ltd. 1.88 Sobha Developers Ltd. 1.81 Sundaram Finance Ltd. 1.70 Rain Commodities Ltd. 1.66 Nirma Ltd. 1.63 Hinduja Ventures Ltd. 1.52 Astra Microwave Products Ltd 1.52 Reliance Infrastructure Ltd. 1.51 Time Technoplast Ltd. 1.47 Everest Industries Ltd. 1.46 Gulf Oil Corporation Ltd. 1.43 3i Infotech Ltd. 1.38 Kirloskar Oil Engines Ltd 1.38 PSL Ltd. 1.27 Essel Propack Ltd. 1.18 Mindtree Ltd. 1.15 Triveni Engeering & Industries Ltd. 1.15 Sarda Energy And Minerals Ltd. 1.14 Finolex Industries Ltd. 1.11 EIH Ltd. 1.06 Equity Less Than 1% Of Corpus 7.60 Cash and other Receivables 2.41 Grand Total 100.00
Reliance Long Term Equity Fund

The primary investment objective of the scheme is to seek to generate long term capital appreciation & provide long-term growth opportunities by investing in a portfolio constituted of equity & equity related securities and Derivatives and the secondary objective is to generate consistent returns by investing in debt and money market securities. PoRTFoLIo CoMPoSITIon aS on SEPTEMBER 30, 2010
naV aS on SEPTEMBER 30, 2010 Reliance Long Term Equity Fund Growth Plan Reliance Long Term Equity Fund Dividend Plan
RS
17.2804 17.2804
PERFoRManCE oF RELIanCE LonG TERM EQUITy FUnD vs BSE 200 InDEx aS on SEPTEMBER 30, 2010 Period 6 Months 1 Year 3 Years 5 Years Since Inception Returns of Scheme (%) 25.61 37.65 9.54 N.A. 15.18 Returns of Benchmark (%) 14.87 20.79 6.08 N.A. 11.95
figures in %
Equities 97.59%

AUTO ANCILLARIES OIL CONSTRUCTION PROJECT TRANSPORTATION CHEMICALS PETROLEUM PRODUCTS POWER TELECOM - EQUIPMENT & ACCESSORIES MEDIA & ENTERTAINMENT FINANCE CONSUMER DURABLES FERTILISERS INDUSTRIAL CAPITAL GOODS SOFTWARE TEXTILE PRODUCTS HOTELS CEMENT CONSUMER NON DURABLES FERROUS METALS MISCELLANEOUS PESTICIDES CONSTRUCTION PHARMACEUTICALS INDUSTRIAL PRODUCTS BANKS 0.39% 0.77% 0.87% 0.89% 1.11% 1.43% 1.51% 1.52% 1.52% 1.70% 2.75% 2.79% 3.16% 3.40% 4.03% 4.09% 5.11% 5.11% 6.54% 7.35% 7.44% 7.45% 8.13% 9.21% 9.31%
Equity : Diversified Multi Cap
FUnD DaTa Type. . . . . . . . . . . . . . . . . . An Open Ended Scheme Date of allotment . . . . . . . . . . . . . . . .June 8, 2005 Inception Date . . . . . . . . . . . . . . . . . . .June 9, 2005 Corpus . . .Rs. 3275.32 crore (September 30, 2010) Minimum Investment . . . Rs 500 & in multiples of Re 1 thereafter Fund Manager . . . . . . . . . . . . . . Omprakash Kuckian Entry Load* . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nil Exit Load (w.e.f August 24, 2009). . . . . . . . . . . . . . 1% if redeemed or switched out on or before completion of 1 year from the date of allotment of units. Nil if redeemed or switched out after completion of 1 year from the date of allotment of units. * In terms of SEBI circular no. SEBI/IMD/CIR No.4/ 168230/09 dated June 30, 2009, no entry load will be charged by the Scheme to the investor effective August 1, 2009. Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors' assessment of various factors including the service rendered by the distributor. Benchmark. . . . . . . . . . . . . . . . . . . . BSE 100 Index PoRTFoLIo oF RELIanCE REGULaR SaVInGS FUnD EQUITy oPTIon as on September 30, 2010 Holdings Weightage (%) Equities 96.39 State Bank Of India 4.44 Oil & Natural Gas Corporation Ltd. 4.29 Tata Consultancy Services Ltd. 4.25 ICICI Bank Ltd. 3.40 Hindalco Industries Ltd. 3.01 Mphasis Ltd. 2.89 Adani Enterprises Ltd. 2.80 HCL Technologies Ltd. 2.57 Tata Motors Ltd. 2.51 Pantaloon Retail (India) Ltd. 2.22 Biocon Ltd. 2.19 GAIL (India) Ltd. 2.18 Indian Bank 2.13 Divi's Laboratories Ltd. 2.11 Indiabulls Real Estate Ltd. 2.09 Torrent Pharmaceuticals Ltd. 2.02 Hindustan Petroleum Corporation Ltd. 2.01 Exide Industries Ltd. 2.00 Cipla Ltd. 1.97 Reliance Infrastructure Ltd. 1.96 Bombay Rayon Fashions Ltd. 1.95 Spicejet Ltd. 1.91 Zee Entertainment Enterprises Ltd 1.83 Federal Bank Ltd. 1.80 Pratibha Industries Ltd. 1.79 Canara Bank 1.75 IRB Infrastructure Developers Ltd 1.75 Mahindra & Mahindra Ltd. 1.69 Gammon India Ltd. 1.66 Jindal Saw Ltd. 1.63 Bharti Airtel Ltd. 1.58 Reliance Communications Ltd 1.54 SIP RETURn as on September 30, 2010 Period 1 year SIP Start Date October 1, 2009 Current NAV (As on September 30, 2010) 33.33 Total No. of units accumulated 420.24 Total Amount Invested in Rs. 12000 Market Value of Scheme in Rs. 14005.11 Market Value if invested in Benchmark in Rs. 13821.63 Return on SIP in Scheme 34.06% Return on SIP in Benchmark (BSE 100) 30.82%
Assumptions:
11.23% 12.08% 13.51%
Reliance Regular Savings Fund Equity Option

The primary investment objective of this option is to seek capital appreciation and or to generate consistent returns by actively investing in equity / equity related securities. PoRTFoLIo CoMPoSITIon aS on SEPTEMBER 30, 2010
figures in %
Piramal Healthcare Ltd. Motherson Sumi Systems Ltd. Phoenix Mills Ltd. Infosys Technologies Ltd. Zuari Industries Ltd Arshiya International Ltd. Lupin Ltd. Bombay Dyeing & Manufacturing Co. Ltd. DB Corp Ltd. Nilkamal Ltd. Everest Kanto Cylinder Ltd. PTC India Ltd. Equity Less Than 1% Of Corpus Cash and other Receivables Grand Total VoLaTILITy MEaSURES Beta Standard Deviation R Squared Sharpe Ratio Portfolio Turnover Ratio
91days T-bill yield as on September 29, 2010)
1.51 1.46 1.46 1.40 1.20 1.19 1.18 1.15 1.14 1.12 1.09 1.03 7.56 3.61 100.00
0.9037 4.6282 0.8556 0.0803 0.77
Note: The above measures have been calculated by taking rolling return for a 3 year period from September 30, 2007 with 6.27% Risk Free returns (taken as
naV aS on SEPTEMBER 30, 2010 Reliance Regular Savings Fund Equity Option-Growth Plan Reliance Regular Savings Fund Equity Option-Dividend Plan DIVIDEnD HISToRy Date July 24, 2009 Rate (Re/ Unit) 5 Cum Dividend naV 22.6391
RS
33.3263 25.9776
Equities 96.39%
*ExDividend naV 17.7355
PERFoRManCE oF RELIanCE REGULaR SaVInGS FUnD- EQUITy oPTIon VS BSE 100 InDEx aS on SEPTEMBER 30, 2010 Period 6 Months 1 Year 3 Yrs 5 Yrs Since Inception Returns of Scheme (%) 16.47 29.79 19.47 27.09 25.38 Returns of Benchmark (%) 14.09 19.00 5.81 18.39 22.15

CEMENT INDUSTRIAL CAPITAL GOODS INDUSTRIAL PRODUCTS TEXTILES - COTTON MISCELLANEOUS FERTILISERS CONSUMER NON DURABLES TEXTILE PRODUCTS PETROLEUM PRODUCTS GAS RETAILING TRADING FERROUS METALS NON - FERROUS METALS TELECOM - SERVICES POWER CONSTRUCTION PROJECT CONSTRUCTION MEDIA & ENTERTAINMENT AUTO OIL TRANSPORTATION AUTO ANCILLARIES PHARMACEUTICALS SOFTWARE BANKS
0.74% 0.77% 1.12% 1.15% 1.19% 1.20% 1.74% 1.97% 2.01% 2.18% 2.22% 2.80% 2.98% 3.01% 3.12% 3.32% 3.45% 3.55% 3.56% 4.20% 4.29% 4.47% 4.55%
3 year October 1, 2007 33.33 1726.47 36000 57536.95 50622.78 33.53% 23.85%
5 years October 1, 2005 33.33 3571.13 60000 119012.59 92873.96 28.05% 17.68%
Since inception June 9, 2005 33.33 3969.81 64000 132298.94 103556.57 27.72% 18.20%
10
Equity : Diversified Multi Cap
FUnD DaTa Type. . . . . An Open Ended Diversified Equity Scheme Date of allotment . . . . . . . . . . . . . March 28, 2005 Inception Date . . . . . . . . . . . . . . . . March 31, 2005 Corpus . . . . . 2792.43 crore (September 30, 2010) Minimum Investment . . . . Retail Plan- Rs 5,000 and in multiples of Re 1 thereafter . . . . . . . . . . . . . . . . . Institutional Plan- Rs 5 cr and in multiples of Re 1 thereafter Fund Manager . . . . . . . . . . . . . . . . .Sailesh Raj Bhan Assistant Fund Manager (w.e.f. September 1, 2010) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Viral Berawala Entry Load* . . . . . . . . . . . . . . . . . . . Retail Plan : Nil . . . . . . . . . . . . . . . . . . . . . . . .Institutional Plan : Nil Exit Load (w.e.f August 24, 2009). . . . . . . . . . . . . . Retail Plan & Institutional Plan: 1% if redeemed or switched out on or before completion of 1 year from the date of allotment of units. Nil if redeemed or switched out after completion of 1 year from the date of allotment of units. * In terms of SEBI circular no. SEBI/IMD/CIR No.4/ 168230/09 dated June 30, 2009, no entry load will be charged by the Scheme to the investor effective August 1, 2009. Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors' assessment of various factors including the service rendered by the distributor. Benchmark. . . . . . . . . . . . . . . . . . . . BSE 100 Index PoRTFoLIo oF RELIanCE EQUITy oPPoRTUnITIES FUnD
Reliance Equity Opportunities Fund

The primary investment objective of the scheme is to seek to generate capital appreciation & provide longterm growth opportunities by investing in a portfolio constituted of equity securities & equity-related securities and the secondary objective is to generate consistent returns by investing in debt and money market securities. PoRTFoLIo CoMPoSITIon aS on SEPTEMBER 30, 2010
figures in %
Warrants,Preference Shares, Cash and Other Receivables 8.95%
Coromandel International Ltd. 1.20 Piramal Life Sciences Ltd. 1.20 Sasken Communication Technologies 1.11 HDFC Bank Ltd. 1.11 Hinduja Ventures Ltd. 1.09 Equity Less Than 1% Of Corpus 8.86 Warrants,Preference Shares,Cash and other Receivables 8.95 Grand Total 100.00 VoLaTILITy MEaSURES Beta Standard Deviation R Squared Sharpe Ratio Portfolio Turnover Ratio
as 91days T-bill yield as on September 29, 2010)
0.8671 4.3930 0.8742 0.0659 0.94
Note: The above measures have been calculated by taking rolling return for a 3 year period from September 30, 2007 with 6.27% Risk Free returns (taken
naV aS on SEPTEMBER 30, 2010 Reliance Equity Opportunities Growth Plan Reliance Equity Opportunities Bonus Plan Reliance Equity Opportunities Dividend Plan Reliance Equity Opportunities Institutional Dividend DIVIDEnD HISToRy Date August 7, 2006 February 1, 2007 March 19, 2008 July 24, 2009 Rate (Re/ Unit) 1.00 1.50 1.50 2.00 Cum Dividend naV 16.41 20.88 18.19 17.10 FundFundFundFund-
RS 38.7718 38.7718 27.3873 38.8299
as on September 30, 2010 Holdings Equities Trent Ltd. Aventis Pharma Ltd. Divi's Laboratories Ltd. Tata Consultancy Services Ltd. Info Edge India Ltd. Maruti Suzuki India Ltd. State Bank Of India Larsen & Toubro Ltd. Bharti Airtel Ltd. Indian Metal And Ferro Alloys Limit HCL Technologies Ltd. Dish Tv India Ltd. Torrent Power Ltd. Cox And Kings Ltd Shoppers Stop Ltd. Infosys Technologies Ltd. SECToR aLLoCaTIon aS on SEPTEMBER 30, 2010 Cummins India Ltd. Siemens Ltd. Rain Commodities Ltd. FINANCE 0.26% Ashok Leyland Ltd. CONSTRUCTION 0.61% ICICI Bank Ltd. TELECOM - EQUIPMENT & ACCESSORIES 0.88% Hindustan Unilever Ltd. Unichem Laboratories Ltd. FERTILISERS 1.20% Nava Bharat Ventures Ltd. CHEMICALS 1.36% Motherson Sumi Systems Ltd. 1.58% MINERALS/MINING Hathway Cable And Datacom Ltd. Bosch Ltd. DIVERSIFIED 1.66% Pidilite Industries Ltd. PETROLEUM PRODUCTS 1.82% Hindustan Media Ventures Ltd. CEMENT 2.63% Mahindra Forgings Ltd.
Equities 91.05%
Weightage (%) 91.05 4.52 4.32 3.87 3.65 3.61 3.61 3.48 3.31 3.28 3.19 3.01 2.90 2.76 2.73 2.49 2.46 2.24 2.06 1.98 1.91 1.79 1.66 1.62 1.58 1.51 1.50 1.49 1.36 1.30 1.25
*ExDividend naV 15.41 19.53 16.56 15.29
"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 distributions, 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 and distribution taxes, if any. Performance of Dividend Plan/Option would be net of applicable statutory levy, if any * NAV on the 1st transaction day after Record Date, which includes the mark to market impact also.
PERFoRManCE oF RELIanCE EQUITy oPPoRTUnITIES FUnD VS BSE 100 InDEx aS on SEPTEMBER 30, 2010 Period 6 months 1 Year 3 Years 5 Years Since Inception Returns of Scheme (%) 25.32 49.36 15.39 24.46 28.06 Returns of Benchmark (%) 14.09 19.00 5.81 18.39 22.47
INDUSTRIAL CAPITAL GOODS TRANSPORTATION POWER AUTO ANCILLARIES TELECOM - SERVICES CONSTRUCTION PROJECT MISCELLANEOUS INDUSTRIAL PRODUCTS AUTO BANKS RETAILING MEDIA & ENTERTAINMENT PHARMACEUTICALS SOFTWARE
2.65% 2.73% 2.76% 3.00% 3.28% 3.31% 3.84% 4.59% 5.53% 6.39% 7.01% 8.69% 11.17% 14.10%
SIP RETURn as on September 30, 2010 Period 1 year 3 year 5 years SIP Start Date October 1, 2009 October 1, 2007 October 1, 2005 Current NAV (As on September 30, 2010) 38.77 38.77 38.77 Total No. of units accumulated 392.14 1670.50 2995.77 Total Amount Invested in Rs. 12000 36000 60000 Market Value of Scheme in Rs. 15203.83 64768.16 116151.50 Market Value if invested in Benchmark in Rs. 13821.63 50622.78 92873.96 Return on SIP in Scheme 55.83% 42.85% 27.02% Return on SIP in Benchmark (BSE 100) 30.82% 23.85% 17.68%
Since inception March 31, 2005 38.77 3648.46 67000 141457.31 112779.59 27.13% 18.77%
11
Equity : Balanced
FUnD DaTa Type. . . . . . . . . . . . . . . . . . An Open Ended Scheme Date of allotment . . . . . . . . . . . . . . . .June 8, 2005 Inception Date . . . . . . . . . . . . . . . . . . .June 9, 2005 Corpus . . . Rs. 725.15 crore (September 30, 2010) Minimum Investment . . . Rs 500 & in multiples of Re 1 Fund Manager . . .Omprakash Kuckian & Amit Tripathi Weighted Average YTM . . . . . . . . . . . . . . . . 2.16% Modified Duration . . . . . . . . . . . . . . . . . . 0.43 Years Weighted Average Maturity . . . . . . . . . . . 0.50 Years Entry Load* . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nil Exit Load (w.e.f August 24, 2009). . . . . . . . . . . . . . 1% if redeemed or switched out on or before completion of 1 year from the date of allotment of units. Nil if redeemed or switched out after completion of 1 year from the date of allotment of units. * In terms of SEBI circular no. SEBI/IMD/CIR No.4/ 168230/09 dated June 30, 2009, no entry load will be charged by the Scheme to the investor effective August 1, 2009. Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors' assessment of various factors including the service rendered by the distributor. Benchmark. . . . . . . . . . . . Crisil Balanced Fund Index PoRTFoLIo oF RELIanCE REGULaR SaVInGS FUnD BaLanCED oPTIon as on September 30, 2010 Holdings Weightage (%) Equities 65.27 ICICI Bank Ltd. 4.61 Bharat Heavy Electricals Ltd. 4.27 HCL Technologies Ltd. 3.13 Oil & Natural Gas Corporation Ltd. 2.90 Power Finance Corporation Ltd. 2.72 Ackruti City Ltd 2.65 Bharti Airtel Ltd. 2.53 State Bank Of India 2.23 UTV Software Communications Ltd. 2.21 Reliance Infrastructure Ltd. 2.21 Infosys Technologies Ltd. 2.10 IDBI Bank Ltd 2.10 Zee Entertainment Enterprises Ltd 2.07 Kingfisher Airlines Ltd 2.05 GIC Housing Finance Ltd. 1.97 Thomas Cook (India) Ltd. 1.88 Gammon India Ltd. 1.82 Cipla Ltd. 1.78 Indian Oil Corporation Ltd. 1.72 HDFC Bank Ltd. 1.72 Jaiprakash Associates Ltd. 1.67 Max India Ltd. 1.64 Union Bank Of India 1.61 Bajaj Corp Ltd. 1.56 Anant Raj Ind Ltd. 1.55 Ranbaxy Laboratories Ltd. 1.53 Hindalco Industries Ltd. 1.29 United Phosphorus Ltd. 1.24 Infinite Computersolution India Ltd 1.16 Bharat Forge Ltd. 1.09 Equity Less Than 1% Of Corpus 2.24 Certificate of Deposit 4.64 Bank Of India P1+ By Crisil 3.34 Canara Bank P1+ By Crisil 1.31 Floating Rate note 3.47 Tata Steel Ltd. AA(Ind) By Fitch 3.47 Govt Securities(GSE) 5.42 7.17% GOI (MD 14/06/2015)Sovereign 4.73 7.40% GOI (MD 03/05/2012) Sovereign 0.69 non Convertible Debentures 10.33 Citifinancial Consumer Finance India Ltd. AA+ By Crisil 3.44 LIC Housing Finance Ltd. AAA By Crisil 3.40 Reliance Capital Ltd. CareAAA By Care 2.12 HDFC Ltd AAA By Crisil 1.36 Cash and other Receivables 10.87 Grand Total 100.00
Reliance Regular Savings Fund Balanced Option

The primary investment objective of this option is to generate consistent returns and appreciation of capital by investing in a mix of securities comprising of equity, equity related instruments & fixed income instruments. PoRTFoLIo CoMPoSITIon aS on SEPTEMBER 30, 2010
Debt, Cash & Other Receivables 34.73%
naV aS on SEPTEMBER 30, 2010 Reliance Regular Savings Fund Balanced Option-Growth Plan Reliance Regular Savings Fund Balanced Option-Dividend Plan
RS
23.9864 16.8167
RaTInG PRoFILE aS on September 30, 2010 Holding AA(IND) by FITCH AA+ by CRISIL AAA by CRISIL CAREAAA by CARE P1+ by CRISIL Sovereign Equities Cash and Other Receivables Grand Total DIVIDEnD HISToRy Date March 30, 2010 July 24, 2009 Rate (Re/ Unit) 2.5 3 Cum Dividend naV 16.9448 16.9172 *ExDividend naV 14.4334 13.9043 Weightage (%) 3.47 3.44 4.76 2.12 4.64 5.42 65.27 10.87 100.00
figures in %
Equities 65.25%

RETAILING PESTICIDES NON - FERROUS METALS CONSUMER NON DURABLES CEMENT PETROLEUM PRODUCTS CONSTRUCTION PROJECT POWER TELECOM - SERVICES OIL PHARMACEUTICALS INDUSTRIAL PRODUCTS TRANSPORTATION CONSTRUCTION INDUSTRIAL CAPITAL GOODS FINANCE MEDIA & ENTERTAINMENT SOFTWARE BANKS 0.51% 1.24% 1.29% 1.56% 1.67% 1.72% 1.82% 2.21% 2.53% 2.90% 3.31% 3.54% 3.92% 4.20% 4.27% 4.69% 5.20% 6.40% 12.27%
PERFoRManCE oF RELIanCE REGULaR SaVInGS FUnD - BaLanCED oPTIon vs CRISIL BaLanCED FUnD InDEx on SEPTEMBER 30, 2010 Period Returns of Scheme (%) 16.41 32.12 19.45 18.87 21.55 13, 2007 Returns of Benchmark (%) 10.41 14.21 7.91 14.55 10.95
6 months 1 Year 3 Years 5 Years Since Inception Inception date: January
"Returns are of Growth Plan. Returns less than one year are absolute returns and returns of one year and more are compounded annualized returns. Calculations assume all payouts during the period have been reinvested in the units of the scheme at the prevailing NAV. Past performance may or may not be sustained in the future." Reliance Regular Savings Fund - Hybrid Option was launched on June 9, 2005 and subsequently Hybrid Option has been changed to Balanced Option w.e.f. January 13, 2007.Consequently, Benchmark of Reliance Regular Saving Fund Balanced option has been changed to Crisil Balanced Fund Index from Crisil MIP Index with effect from February 21, 2007. Accordingly performance of the scheme is from January 13, 2007.
12
Equity : Diversified Theme Based
FUnD DaTa Type. . . . . . . . . . . . . An Open Ended Equity Scheme Date of allotment . . . . . . . . . . . . . . . July 17, 2009 Inception Date . . . . . . . . . . . . . . . . . . July 20, 2009 Corpus . . . . . 1639.13 crore (September 30, 2010) Minimum Investment . . . Retail Plan - Rs 5,000 and in multiples of Re 1 thereafter . . . . . . . . . . . . . . . . Institutional Plan - Rs 5 cr and in multiples of Re 1 thereafter Fund Manager . . . . . . . . . . . . . . . . . .Sunil Singhania Entry Load* . . . . . . . . . . . . . . . . . . . Retail Plan : Nil . . . . . . . . . . . . . . . . . . . . . . . .Institutional Plan : Nil Exit Load (w.e.f August 24, 2009). . . . . . . . . . . . . . Retail Plan & Institutional Plan 1% if redeemed or switched out on or before completion of 1 year from the date of allotment of units. Nil if redeemed or switched out after completion of 1 year from the date of allotment of units. * In terms of SEBI circular no. SEBI/IMD/CIR No.4/ 168230/09 dated June 30, 2009, no entry load will be charged by the Scheme to the investor effective August 1, 2009. Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors' assessment of various factors including the service rendered by the distributor. Benchmark. . . . . . . . . . . . . . . . . . . . BSE 100 Index PoRTFoLIo oF RELIanCE InFRaSTRUCTURE FUnD as on September 30, 2010 Holdings Weightage (%) Equities 97.09 Era Infra Engineering Ltd. 6.50 SPML Infra Ltd. 5.29 Reliance Infrastructure Ltd. 4.57 Larsen & Toubro Ltd. 4.38 Jindal Saw Ltd. 4.23 Hindustan Construction Co. Ltd. 4.08 ICICI Bank Ltd. 4.07 Sobha Developers Ltd. 3.91 IDFC Ltd. 3.73 Jayaswal Neco Industries Ltd 3.48 NTPC Ltd. 3.44 Oil & Natural Gas Corporation Ltd. 3.43 Jaiprakash Associates Ltd. 3.40 Marg Ltd. 3.05 Nagarjuna Construction Co. Ltd. 2.71 KSB Pumps Ltd. 2.70 Sterlite Industries Ltd. 2.58 Gayatri Projects Ltd. 2.36 MBL Infrastructures Ltd. 2.23 Jindal Steel & Power Ltd. 2.16 PSL Ltd. 2.01 Texmaco Ltd. 1.96 Reliance Industries Ltd. 1.81 Anant Raj Ind Ltd. 1.81 IL&FS Transportation Networks Ltd 1.79 Patel Engineering Ltd. 1.66 Tata Power Co. Ltd. 1.65 BEML Ltd. 1.59 GVK Power & Infrastructure Ltd 1.56 Diamond Power Infrastructure Ltd 1.42 IVRCL Infrastructures & Projects Ltd. 1.26 Equity Less Than 1% Of Corpus 6.29 Cash and other Receivables 2.91 Grand Total 100.00
naV aS on SEPTEMBER 30, 2010 Reliance Infrastructure FundRetail Growth Plan Reliance Infrastructure FundRetail Bonus Plan Reliance Infrastructure FundRetail Dividend Plan Reliance Infrastructure FundInstitutional Growth Plan Reliance Infrastructure FundInstitutional Dividend Plan
RS 12.1378 12.1378 12.1378 12.1569 12.1569
Reliance Infrastructure Fund

The primary investment objective of the scheme is to generate long term capital appreciation by investing predominantly in equity and equity related instruments of companies engaged in infrastructure and infrastructure related sectors and which are incorporated or have their area of primary activity, in India and the secondary objective is to generate consistent returns by investing in debt & money market securities. PoRTFoLIo CoMPoSITIon aS on SEPTEMBER 30, 2010
figures in %
PERFoRManCE oF RELIanCE InFRaSTRUCTURE FUnD VS BSE 100 InDEx aS on SEPTEMBER 30, 2010 Period 6 Months 1 Year 3 Years 5 Years Since Inception Returns of Scheme (%) 7.78 10.31 N.A. N.A. 16.88 Returns of Benchmark (%) 14.09 19.00 N.A. N.A. 27.68
Since Inception Date is July 20, 2009.
Equities 97.09%
AUTOANCILLARIES 0.94% TRANSPORTATION PETROLEUM PRODUCTS INDUSTRIALPRODUCTS OIL NON - FERROUS METALS FINANCE BANKS CEMENT INDUSTRIALCAPITALGOODS MISCELLANEOUS CONSTRUCTION PROJECT FERROUS METALS POWER CONSTRUCTION 1.79% 1.81% 2.70% 3.43% 3.57% 3.73% 4.07% 4.17% 4.23% 5.01% 11.18% 11.88% 12.22% 26.38%
13
Equity : Diversified Theme Based
FUnD DaTa Type. . . . . . . . . . . . . An Open Ended Equity Scheme Date of allotment . . . . . . . . . . . February 25, 2008 Inception Date . . . . . . . . . . . . . . February 26, 2008 Corpus . . Rs 2974.06 crore (September 30, 2010) Minimum Investment . . Retail Plan - Rs 5000 and in multiples of Re. 1 thereafter . . . . . . . . . . . . . . . . Institutional Plan - Rs 5 cr and in multiples of Re. 1 thereafter Fund Manager . . . . . Ashwani Kumar & Shiv Chanani Entry Load* . . . . . . . . . . . . . . . . . . .Retail Plan - Nil . . . . . . . . . . . . . . . . . . . . . . . Institutional Plan - Nil Exit Load (w.e.f August 24, 2009). . . . . . . . . . . . . . Retail Plan & Institutional Plan: 1% if redeemed or switched out on or before completion of 1 year from the date of allotment of units. Nil if redeemed or switched out after completion of 1 year from the date of allotment of units. * In terms of SEBI circular no. SEBI/IMD/CIR No.4/ 168230/09 dated June 30, 2009, no entry load will be charged by the Scheme to the investor effective August 1, 2009. Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors' assessment of various factors including the service rendered by the distributor. Benchmark ........ A custom benchmark created using the BSE-200 to the extent of 65% of portfolio and MSCI World Energy Index for balance 35% of the portfolio.
Equities 65.70%
Reliance Natural Resources Fund

The primary investment objective of the scheme is to seek to generate capital appreciation & provide longterm growth opportunities by investing in companies principally engaged in the discovery, development, production, or distribution of natural resources and the secondary objective is to generate consistent returns by investing in debt and money market securities. PoRTFoLIo CoMPoSITIon aS on SEPTEMBER 30, 2010
figures in %
Derivatives,Cash and Other Receivables 2.75%
naV aS on SEPTEMBER 30, 2010 Reliance Natural Resources FundRetail Growth Plan Reliance Natural Resources FundRetail Bonus Plan Reliance Natural Resources FundRetail Dividend Plan
RS
10.7258 10.7258 10.7258
PERFoRManCE oF RELIanCE naTURaL RESoURCES FUnD vs BEnCHMaRK* aS on SEPTEMBER 30, 2010 Period 6 Months 1 Year 3 Years 5 Years Since Inception Returns of Returns of Scheme (%) Benchmark (%)* 6.11 8.00 N.A. N.A. 2.16 8.16 14.07 N.A. N.A. -0.84
Overseas ETFs 3.52%
International Equity Shares 28.02%
Returns of Retail Plan- Growth Plan. Returns less than one year are absolute returns and returns of one year and more are compounded annualized returns. Calculations assume that all payouts during the period have been reinvested in the units of the scheme at the then prevailing NAV. Past performance may or may not be sustained in the future. *A custom benchmark created using the BSE-200 to the extent of 65% of portfolio and MSCI World Energy Index for balance 35% of the portfolio.
PoRTFoLIo oF RELIanCE naTURaL RESoURCES FUnD
as on September 30, 2010 Holdings Weightage (%) Equities 65.70 Oil & Natural Gas Corporation Ltd. 7.08 Hindustan Petroleum Corporation Ltd. 6.65 Reliance Industries Ltd. 5.64 SECToR aLLoCaTIon aS on SEPTEMBER 30, 2010 (Domestic) Bharat Petroleum Corporation Ltd. 5.29 Tata Steel Ltd. 4.82 1.34% TEXTILES - SYNTHETIC BEML Ltd. 3.27 Triveni Engeering & Industries Ltd. 2.90 1.66% NON - FERROUS METALS United Phosphorus Ltd. 2.71 Indian Oil Corporation Ltd. 2.52 Cairn India Ltd. 2.25 3.07% PESTICIDES GAIL (India) Ltd. 2.25 Gujarat Narmada Valley Fertilisers Co. Ltd. 2.15 3.31% GAS Gujarat State Fertilizers & Chemicals Ltd. 1.99 Jindal Saw Ltd. 1.94 3.61% POWER Reliance Infrastructure Ltd. 1.80 Hindalco Industries Ltd. 1.66 4.14% FERTILISERS Oil India Ltd. 1.53 Advanta India Ltd. 1.45 INDUSTRIAL CAPITAL 4.20% GOODS JBF Industries Ltd. 1.34 Gujarat State Petronet Ltd 1.06 CONSUMER NON 5.24% DURABLES Equity Less Than 1% Of Corpus 5.39 International Equity Shares 28.02 8.16% FERROUS METALS Potash Corp Of Saskatchewan Inc 3.94 Peabody Energy Corp 2.68 10.87% OIL General Electric Co 2.22 Mosaic Company Ltd. 2.21 20.11% PETROLEUM PRODUCTS Caterpillar Inc 2.18 2.02 Industry Classification as per AMFI. CSX Corp BP Plc 1.61 JGC Ord 1.57 1.53 SECToR aLLoCaTIon aS on SEPTEMBER 30, 2010 (Overseas) Macarthur Coal Ltd Xstrata Ord 1.49 Riversdale Mining Ltd. 1.37 MINING / METALS - SPECIALTY 0.33% United States Steel Corporation 1.20 0.63% MINERALS/MINING Atlas Energy Inc- Usd 1.06 CHEMICALS 1.05% Agrium Ord 1.05 STEEL 1.20% Paladin Energy Ltd. 0.94 Alumina Ltd 0.63 1.57% INDUSTRIAL CAPITAL GOODS Thompson Creek Metals Ord. 0.33 ENERGY 1.61% overseas ETFs 3.52 OIL / GAS EXPLORATION 2.00% Market Vectors Agribusiness-Etf 3.52 / PRODUCTION Derivatives,Cash and other Receivables 2.75 INDUSTRIALS 2.18% Grand Total 100.00
MISCELLANEOUS MATERIALS MINING AND MATERIALS 3.52% 8.17% 9.29%
Industry Classification as per MSCI.
14
Equity : Sector
FUnD DaTa
Type. . . . . . . . . . . . . An Open Ended Banking Sector Scheme Date of allotment . . . . . . . . . . . . . . . . . . . . . May 26, 2003 Inception Date . . . . . . . . . . . . . . . . . . . . . . . . May 28, 2003 Corpus: . . . . . . . . . . . 1502.65 crore (September 30, 2010) Minimum Investment . . . . . . . Retail Plan - Rs 5000 and in multiples of Re. 1 thereafter . . . . . . . . . . . . . . . . . . . . . . . Institutional Plan - Rs 5 cr and in multiples of Re. 1 thereafter Fund Manager . . . . . . . . . . . . . . . . . . . . . . . . Sunil Singhania Assistant Fund Manager (w.e.f. September 1, 2010) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Shrey Loonker Entry Load* . . . . . . . . . . . . . . . . . . . . . . . . . Retail Plan - Nil . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Institutional Plan - Nil Exit Load (w.e.f August 24, 2009). . . . . . . . . . . . . . . . . . . . . Retail Plan & Institutional Plan 1% if redeemed or switched out on or before completion of 1 year from the date of allotment of units. Nil if redeemed or switched out after completion of 1 year from the date of allotment of units. * In terms of SEBI circular no. SEBI/IMD/CIR No.4/ 168230/09 dated June 30, 2009, no entry load will be charged by the Scheme to the investor effective August 1, 2009. Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors' assessment of various factors including the service rendered by the distributor. Benchmark. . . . . . . . . . . . . . . . . . . . . . .S&P CNX Bank Index
Reliance Banking Fund

The primary investment objective of the scheme is to seek to generate continuous returns by actively investing in equity and equity related or fixed income securities of companies in the Banking Sector.
R Squared Sharpe Ratio Portfolio Turnover Ratio
0.7537 0.1006 0.30
naV aS on SEPTEMBER 30, 2010
RS
Reliance Banking Fund-Retail Growth Plan 112.4780 Reliance Banking Fund-Retail Bonus Plan 112.4780 Reliance Banking Fund-Retail Dividend Plan 44.8818 DIVIDEnD HISToRy Date November 25, 2003 March 28, 2005 December 29, 2005 March 30, 2006 February 21, 2007 November 5, 2007 August 28, 2009 Rate (Re/ Unit) 1.00 3.00 4.00 5.00 2.00 2.00 2.00 Cum Dividend naV 13.32 23.26 25.05 21.16 19.57 27.85 27.26 *ExDividend naV 12.31 19.94 21.35 16.32 17.24 25.85 25.26
PoRTFoLIo oF RELIanCE BanKInG FUnD as on September 30, 2010 Holdings Equities State Bank Of India ICICI Bank Ltd. Canara Bank Corporation Bank Bank Of Baroda Oriental Bank Of Commerce Bajaj Finance Ltd. HDFC Bank Ltd. Bank Of India Federal Bank Ltd. Ing Vysya Bank Ltd. Punjab National Bank Indiabulls Financial Services Ltd Kotak Mahindra Bank Ltd. Reliance Capital Ltd. Axis Bank Ltd. Karur Vysya Bank Ltd. Equity Less Than 1% Of Corpus Cash and other Receivables Grand Total
figures in %

Weightage (%) 93.84 14.03 12.10 9.01 8.12 7.83 7.38 7.27 6.69 4.07 3.01 2.95 2.32 2.20 1.90 1.43 1.28 1.04 1.22 6.16 100.00 0.9528 5.1988
PERFoRManCE oF RELIanCE BanKInG FUnD VS S&P Cnx BanK InDEx aS on SEPTEMBER 30, 2010 Period 6 months 1 Year 3 Years 5 Yrs Since Inception Returns of Scheme (%) 41.48 54.10 26.49 27.58 38.90 Returns of Benchmark (%) 35.93 45.62 16.39 23.10 33.16
VoLaTILITy MEaSURES Beta Standard Deviation SIP RETURn as on September 30, 2010 Period 1 year SIP Start Date October 1, 2009 Current NAV (As on September 30, 2010) 112.48 Total No. of units accumulated 145.47 Total Amount Invested in Rs. 12000 Market Value of Scheme in Rs. 16362.63 Market Value if invested in Benchmark in Rs. 16067.10 Return on SIP in Scheme 77.76% Return on SIP in Benchmark (S&P CNX Banks Index)72.08%
Equities 93.84%
3 year 5 year October 1, 2007 October 1, 2005 112.48 112.48 634.29 1334.26 36000 60000 71343.18 150074.65 66606.14 128225.73 50.75% 38.03% 45.11% 31.23%
Since Inception May 28, 2003 112.48 3032.30 89000 341066.75 275008.87 35.74% 29.95%
Reliance Diversified Power Sector Fund

The primary investment objective of the scheme is to seek to generate continous returns by actively investing in equity and equity-related or fixed-income securities of Power and other associated companies.
FUnD DaTa Type. . . . . . . . An Open Ended Power Sector Scheme Date of allotment: . . . . . . . . . . . . . . . .May 8, 2004 Inception Date . . . . . . . . . . . . . . . . . May 10, 2004 Corpus: . . . . 5021.12 crore (September 30, 2010) Minimum Investment . . . Retail Plan - Rs 5,000 & in multiples of Re 1 thereafter . . . . . . . . . . . . . . . . . . . Institutional Plan - Rs 5 cr & in multiples of Re 1 thereafter Fund Manager . . . . . . . . . . . . . . . . . .Sunil Singhania Entry Load* . . . . . . . . . . . . . . . . . . .Retail Plan - Nil . . . . . . . . . . . . . . . . . . . . . . . Institutional Plan - Nil Exit Load (w.e.f August 24, 2009). . . . . . . . . . . . . . Retail Plan & Institutional Plan 1% if redeemed or switched out on or before completion of 1 year from the date of allotment of units. Nil if redeemed or switched out after completion of
1 year from the date of allotment of units. * In terms of SEBI circular no. SEBI/IMD/CIR No.4/ 168230/09 dated June 30, 2009, no entry load will be charged by the Scheme to the investor effective August 1, 2009. Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors' assessment of various factors including the service rendered by the distributor. Benchmark. . . . . . . . . . . . . . . . . . India Power Index PoRTFoLIo oF RELIanCE DIVERSIFIED PoWER SECToR FUnD as on September 30, 2010 Holdings Equities Torrent Power Ltd. Weightage (%) 96.77 5.87 contd...
15
Equity: Sector
Cummins India Ltd. ICICI Bank Ltd. Reliance Infrastructure Ltd. Jindal Steel & Power Ltd. Siemens Ltd. Oil & Natural Gas Corporation Ltd. PTC India Ltd. Tata Power Co. Ltd. Jaiprakash Associates Ltd. Crompton Greaves Ltd. Adani Power Ltd. Larsen & Toubro Ltd. NTPC Ltd. Sterlite Technologies Ltd JSL Stainless Ltd BGR Energy Systems Ltd. Bajaj Electricals Ltd. Reliance Industries Ltd. KEC International Ltd. Sterlite Industries Ltd. Thermax India Ltd. Rural Electrification Corp Ltd Alstom Projects India Ltd. IDFC Ltd. Reliance Power Ltd. Kirloskar Brothers Ltd Hindustan Petroleum Corporation Ltd. Jyoti Structures Ltd. Voltamp Transformers Ltd. Kirloskar Pneumatic Company Ltd. Prakash Industries Ltd. Adani Enterprises Ltd. Equity Less Than 1% Of Corpus Cash and other Receivables Grand Total VoLaTILITy MEaSURES Beta Standard Deviation R Squared Sharpe Ratio Portfolio Turnover Ratio
5.47 4.71 4.68 4.11 4.00 3.92 3.73 3.51 3.49 3.49 3.45 3.11 3.08 2.61 2.46 2.35 2.20 2.19 2.12 2.00 1.83 1.82 1.75 1.74 1.67 1.47 1.32 1.27 1.18 1.13 1.10 1.03 6.90 3.23 100.00
naV aS on SEPTEMBER 30, 2010 Reliance Diversified Power Growth Plan Reliance Diversified Power Bonus Plan Reliance Diversified Power Dividend Plan Reliance Diversified Power Institutional Growth Plan DIVIDEnD HISToRy Date December 29, 2005 February 21, 2007 August 17, 2007 March 28, 2008 March 26, 2009 March 30, 2010 Rate (Re/ Unit) 4.00 2.50 3.00 1.50 2.00 2.50 Cum Dividend naV 22.7957 30.4120 35.0854 44.8514 27.1657 49.1336 Sector Fund-
RS
87.4492 Sector Fund87.4492 Sector Fund51.6173 Sector Fund85.6183
*ExDividend naV 18.9886 27.4754 32.5381 42.1742 25.3848 46.7484
"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 distributions, 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 and distribution taxes, if any. Performance of Dividend Plan/Option would be net of applicable statutory levy, if any * NAV on the 1st transaction day after Record Date, which includes the mark to market impact also. "
PERFoRManCE oF RELIanCE DIVERSIFIED PoWER SECToR FUnD VS InDIa PoWER InDEx aS on SEPTEMBER 30, 2010 Period Returns of Scheme (%) 10.68 17.26 16.13 33.49 40.28 Returns of Benchmark (%) 4.18 6.87 1.01 18.13 20.98
0.8547 4.3328 0.8732 0.0667 0.31
6 months 1 Year 3 Years 5 Years Since Inception

figures in %
Returns are of Retail Plan - Growth Plan. Returns less than one year are absolute returns and returns of one year and more are compounded annualized returns. Calculations assume all payouts during the period have been reinvested in the units of the scheme at the prevailing NAV. Past performance may or may not be sustained in the future
SIP RETURn as on September 30, 2010 Period 1 year 3 year 5 year SIP Start Date October 1, 2009 October 1, 2007 October 1, 2005 Current NAV (As on September 30, 2010) 87.45 87.45 87.45 Total No. of units accumulated 151.65 593.53 1392.06 Total Amount Invested in Rs. 12000 36000 60000 Market Value of Scheme in Rs. 13261.40 51903.79 121734.15 Market Value if invested in Benchmark in Rs. 12619.98 42730.01 84226.79 Return on SIP in Scheme 21.07% 25.70% 29.01% Return on SIP in Benchmark (India Power Index) 10.20% 11.65% 13.66%
Equities 96.77%
Since inception May 10, 2004 87.45 2734.19 77000 239102.68 139362.45 35.50% 18.41%
Reliance Media & Entertainment Fund

The primary investment objective of the scheme is togenerate continous returns by investing in equity and equity-related or fixed-income securities of Media & Entertainment and other associated companies.
FUnD DaTa Type. . . . . . . An Open Ended Media & Entertainment Sector Scheme Date of allotment: . . . . . . . . . .September 30, 2004 Inception Date . . . . . . . . . . . . . . . . October 7, 2004 Corpus . . . . . . .112.05 crore (September 30, 2010) Minimum Investment . . . . . . . . . . . . . . . . . Rs 5,000 Fund Manager . . . . . . . . . . . . . . . . . Sailesh Rajbhan Entry Load* . . . . . . . . . . . . . . . . . . . . . . . . . . . - Nil Exit Load (w.e.f August 24, 2009). . . . . . . . . . . . . . 1% if redeemed or switched out on or before completion of 1 year from the date of allotment of units. Nil if redeemed or switched out after completion of 1 year from the date of allotment of units. * In terms of SEBI circular no. SEBI/IMD/CIR No.4/ 168230/09 dated June 30, 2009, no entry load will be charged by the Scheme to the investor effective August 1, 2009. Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors' assessment of
various factors including the service rendered by the distributor. Benchmark. . . S&P CNX Media & Entertainment Index PoRTFoLIo oF RELIanCE MEDIa & EnTERTaInMEnT FUnD as on September 30, 2010 Holdings Weightage (%) Equities 97.64 Dish Tv India Ltd. 15.58 Zee Entertainment Enterprises Ltd 10.72 Hinduja Ventures Ltd. 9.28 Hathway Cable And Datacom Ltd. 9.11 Jagran Prakashan Ltd 8.93 Sun Tv Network Ltd. 8.80 PVR Ltd. 7.76 Balaji Telefilms Ltd. 6.14 Network 18 Media And Investments Lt 5.03 HT Media Ltd. 4.31 contd...
16
Equity: Sector
DB Corp Ltd. Info Edge India Ltd. Hindustan Media Ventures Ltd. Wire And Wireless India Ltd. Preference Shares,Cash and other Receivables Grand Total VoLaTILITy MEaSURES Beta Standard Deviation R Squared Sharpe Ratio Portfolio Turnover Ratio
3.73 3.14 2.64 2.49 2.36 100.00
DIVIDEnD HISToRy Date December 29, 2005 January 29, 2007 March 28, 2008 September 18, 2009 Rate (Re/ Unit) 1.00 2.50 1.50 1.50 Cum Dividend naV 15.3538 23.2086 23.3321 18.4531 *ExDividend naV 14.5695 20.2771 21.6013 17.3196
0.8338 4.9494 0.6369 0.0111 0.51
naV aS on SEPTEMBER 30, 2010 Reliance Media & Entertainment FundGrowth Plan Reliance Media & Entertainment FundBonus Plan Reliance Media & Entertainment FundDividend Plan
figures in %
Preference Shares, Cash and Other Receivables 2.36%
RS 31.7408 31.7408 22.8229
PERFoRManCE oF RELIanCE MEDIa & EnTERTaInMEnT FUnD VS S&P Cnx MEDIa & EnTERTaInMEnT InDEx aS on SEPTEMBER 30, 2010 Period 6 Months 1 Year 3 Years 5 Years Since Inception Returns of Scheme (%) 23.58 28.43 0.57 15.45 21.28 Returns of Benchmark (%) 15.76 33.88 -4.70 14.03 16.39
SIP RETURn as on September 30, 2010 Period 1 year 3 year 5 years Since inception SIP Start Date October 1, 2009 October 1, 2007 October 1, 2005 October 7, 2004 Current NAV (As on September 30, 2010) 31.74 31.74 31.74 31.74 Total No. of units accumulated 444.35 1604.50 2804.92 3847.68 Total Amount Invested in Rs. 12000 36000 60000 72000 Market Value of Scheme in Rs. 14104.04 50928.17 89030.33 122128.55 Market Value if invested in Benchmark in Rs. 14242.56 52224.12 85514.51 112729.62 Return on SIP in Scheme 35.82% 24.29% 15.94% 17.61% Return on SIP in Benchmark (S&P CNX Media & Entertainment) 38.30% 26.16% 14.29% 14.93%
Equities 97.64%
Reliance Pharma Fund

The primary investment objective of the scheme is to seek to generate consistent returns by investing in equity and equity related or fixed income securities of Pharma and other associated companies . PoRTFoLIo CoMPoSITIon aS on SEPTEMBER 30, 2010
FUnD DaTa Type. . . . . . . An Open Ended Pharma Sector Scheme Date of Allotment . . . . . . . . . . . . . . . .June 5, 2004 Inception Date . . . . . . . . . . . . . . . . . . June 8, 2004 Corpus . . . . . . 504.36 crore (September 30, 2010) Minimum Investment . . . . . . . . . . . . . . . . . Rs 5,000 Fund Manager . . . . . . . . . . . . . . . . . Sailesh Rajbhan Entry Load* . . . . . . . . . . . . . . . . . . . . . . . . . . . - Nil Exit Load (w.e.f August 24, 2009). . . . . . . . . . . . . . 1% if redeemed or switched out on or before completion of 1 year from the date of allotment of units. Nil if redeemed or switched out after completion of 1 year from the date of allotment of units * In terms of SEBI circular no. SEBI/IMD/CIR No.4/ 168230/09 dated June 30, 2009, no entry load will be charged by the Scheme to the investor effective August 1, 2009. Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors' assessment of various factors including the service rendered by the distributor. Benchmark. . . . . . . . . . . . . . . BSE Health Care Index PoRTFoLIo oF RELIanCE PHaRMa FUnD
Equities 98.98%
figures in %
Indoco Remedies Ltd. Cipla Ltd. Lupin Ltd. Divi's Laboratories Ltd. Cadila Healthcare Ltd. Zydus Wellness Ltd Astrazeneca Pharma India Ltd. Torrent Pharmaceuticals Ltd. Sun Pharma Advance Research Co Ltd Fulford India Ltd. Biocon Ltd. Apollo Hospitals Enterprise Ltd Glaxosmithkline Pharmaceuticals Ltd. Fresenius Kabi Oncology Ltd Equity Less Than 1% Of Corpus Cash and other Receivables Grand Total VoLaTILITy MEaSURES Beta Standard Deviation R Squared Sharpe Ratio Portfolio Turnover Ratio
(taken as 91days T-bill yield as on September 29, 2010)
7.01 6.39 5.77 5.47 5.28 4.60 4.60 4.50 4.44 4.16 3.56 2.71 2.33 2.06 1.09 1.02 100.00
0.6231 3.8676 0.5824 0.1275 0.27
Note: The above measures have been calculated by taking rolling return for a 3 year period from September 30, 2007 with 6.27% Risk Free returns
as on September 30, 2010 Holdings Equities Ranbaxy Laboratories Ltd. Aventis Pharma Ltd. Sun Pharmaceutical Industries Ltd. Wyeth Ltd.
Weightage (%) 98.98 9.92 9.28 8.01 7.79
naV aS on SEPTEMBER 30, 2010 Reliance Pharma Fund-Growth Plan Reliance Pharma Fund-Bonus Plan Reliance Pharma Fund-Dividend Plan
RS 53.9167 53.9167 40.2146 contd...
17
Equity: Sector
DIVIDEnD HISToRy Rate (Re/ Unit) December 19, 2005 1.00 February 21, 2007 1.50 March 19, 2008 1.50 August 28, 2009 1.50 Date Cum Dividend naV 16.8681 19.1030 17.5487 25.4824 *ExDividend naV 15.8674 17.5537 15.9285 23.9825
PERFoRManCE oF RELIanCE PHaRMa FUnD VS BSE - HEaLTH CaRE InDEx aS on SEPTEMBER 30, 2010 Period 6 months 1 Year 3 Years 5 Years Since Inception Returns of Scheme (%) 12.60 50.05 28.90 27.99 30.57 Returns of Benchmark (%) 13.36 36.13 16.53 14.25 16.83
SIP RETURn as on September 30, 2010 Period 1 year 3 year SIP Start Date October 1, 2009 October 1, 2007 Current NAV (As on September 30, 2010) 53.92 53.92 Total No. of units accumulated 264.09 1329.91 Total Amount Invested in Rs. 12000 36000 Market Value of Scheme in Rs. 14238.86 71704.33 Market Value if invested in Benchmark in Rs. 14007.72 54839.20 Return on SIP in Scheme 38.23% 51.17% Return on SIP in Benchmark (BSE HC) 34.11% 29.85%
Assumptions:
5 year October 1, 2005 53.92 2568.43 60000 138481.51 95827.42 34.54% 18.97%
Since Inception June 8, 2004 53.92 3885.50 76000 209493.48 132655.99 32.15% 17.52%
Equity: Tax Saver
Reliance Tax Saver (ELSS) Fund

The primary objective of the scheme is to generate long term capital appreciation from a portfolio that is invested predominantly in equity and equity-related instruments. SECToR aLLoCaTIon aS on SEPTEMBER 30, 2010
TEXTILE ENGINEERING TRANSPORTATION CONSTRUCTION PROJECT RETAILING FERROUS METALS CONSTRUCTION INDUSTRIAL CAPITAL GOODS MEDIA & ENTERTAINMENT MISCELLANEOUS PETROLEUM PRODUCTS FINANCE POWER CONSUMER NON DURABLES OIL SOFTWARE PHARMACEUTICALS AUTO ANCILLARIES AUTO CEMENT INDUSTRIAL PRODUCTS BANKS 0.19% 0.70% 1.15% 1.34% 1.76% 2.61% 2.83% 2.97% 3.37% 3.59% 4.20% 4.70% 5.21% 5.34% 5.65% 5.65% 6.01% 6.33% 6.40% 6.40% 6.75% 12.31%
FUnD DaTa Type. . . . An Open Ended Equity Linked Savings Scheme Date of allotment . . . . . . . . . .September 21, 2005 Inception Date . . . . . . . . . . . . .September 22, 2005 Corpus . . . Rs 2492.91 crore (September 30, 2010) Minimum Investment . . . . . . . Rs 500 & in multiples . . . . . . . . . . . . . . . . . . . . . . . . of Rs 500 thereafter Fund Manager . . . . . . . . . . . . . . . . . Ashwani Kumar Assistant Fund Manager (w.e.f. September 1, 2010) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Viral Berawala Entry Load* . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nil Exit Load . . . . . . . . . . Nil (Lock in Period of 3 Years) * In terms of SEBI circular no. SEBI/IMD/CIR No.4/ 168230/09 dated June 30, 2009, no entry load will be charged by the Scheme to the investor effective August 1, 2009. Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors' assessment of various factors including the service rendered by the distributor. Benchmark. . . . . . . . . . . . . . . . . . . . . . . . . BSE 100 PoRTFoLIo oF RELIanCE Tax SaVER (ELSS) FUnD as on September 30, 2010 Holdings Equities State Bank Of India Eicher Motors Ltd. Indian Metal And Ferro Alloys Ltd. NTPC Ltd. HDFC Bank Ltd. Oil India Ltd. Siemens Ltd. Info Edge India Ltd. Oil & Natural Gas Corporation Ltd. Cummins India Ltd. Tata Steel Ltd. Aventis Pharma Ltd. Ultratech Cement Ltd. Bajaj Finance Ltd. Federal Mogal Goetze Ltd. Tata Consultancy Services Ltd. Triveni Engeering & Industries Ltd. Power Finance Corporation Ltd. Jaiprakash Associates Ltd. Madras Cements Ltd. Divi's Laboratories Ltd. Torrent Power Ltd. Swaraj Engines Ltd Motherson Sumi Systems Ltd.
Bharat Petroleum Corporation Ltd. ICICI Bank Ltd. ITC Ltd Zee Entertainment Enterprises Ltd Hindustan Petroleum Corporation Ltd. Swaraj Mazda Ltd. Cipla Ltd. Sobha Developers Ltd. United Spirits Ltd. KSB Pumps Ltd. Anant Raj Ind Ltd. Gammon India Ltd. Trent Ltd. Cox And Kings Ltd Hathway Cable And Datacom Ltd. Equity Less Than 1% Of Corpus IDR,Preference Shares,Cash and other Receivables Grand Total VoLaTILITy MEaSURES Beta Standard Deviation R Squared Sharpe Ratio Portfolio Turnover Ratio
1.81 1.74 1.72 1.69 1.60 1.58 1.55 1.47 1.40 1.36 1.36 1.34 1.32 1.15 1.15 6.36 4.52 100.00
0.7910 4.0765 0.8449 0.0439 1.04
Note: The above measures have been calculated by taking rolling return for
PERFoRManCE oF RELIanCE Tax SaVER (ELSS) FUnD VS BSE 100 InDEx aS on SEPTEMBER 30, 2010 Period 6 Months 1 Year 3 Years 5 Years Since Inception Returns of Scheme (%) 24.13 40.31 10.01 18.00 18.40 Returns of Benchmark (%) 14.09 19.00 5.81 18.39 19.45
Weightage (%) 95.48 7.57 4.66 3.59 3.39 3.00 2.98 2.97 2.93 2.68 2.66 2.61 2.57 2.54 2.49 2.39 2.23 2.22 2.20 1.94 1.92 1.88 1.82 1.82 1.81
a 3-year period from September 30, 2007 with 6.27% Risk Free returns (taken as 91days T-bill yield as on September 29, 2010)
RS
Reliance Tax Saver (ELSS) Fund-Growth Plan 23.2500 Reliance Tax Saver (ELSS) Fund-Dividend Plan 18.1253 DIVIDEnD HISToRy Date August 28, 2009 February 21, 2007 November 5, 2007 Rate (Re/ Unit) 1.50 1.00 1.00 Cum Dividend naV 13.55 14.69 17.08 *ExDividend naV 12.05 13.52 16.08
contd...
18
Equity: Tax Saver

figures in %
IDR,Preference Shares, Cash and Other Receivables 4.52%
SIP RETURn as on September 30, 2010 Period 1 year 3 year 5 year Since Inception SIP Start Date October 1, 2009 October 1, 2007October 1, 2005 September 22, 2005 Current NAV (As on September 30, 2010) 23.25 23.25 23.25 23.25 Total No. of units accumulated 641.04 2499.03 4384.25 4484.46 Total Amount Invested in Rs. 12000 36000 60000 61000 Market Value of Scheme in Rs. 14904.19 58102.42 101933.75 104263.70 Market Value if invested in Benchmark in Rs. 13821.63 50622.78 92873.96 95373.75 Return on SIP in Scheme 50.30% 34.28% 21.54% 21.41% Return on SIP in Benchmark (BSE 100) 30.82% 23.85% 17.68% 17.78%
Equities 95.48%
Reliance Equity Linked Saving Fund Series I

The primary objective of the scheme is to generate long-term capital appreciation from a portfolio that is invested predominantly in equities along with income tax benefit. PoRTFoLIo CoMPoSITIon aS on SEPTEMBER 30, 2010
Warrants,Preference Shares,Cash and Other Receivables 16.27%
FUnD DaTa Type. . . . . . . . . A 10 Year Close Ended Equity Linked Savings Scheme Date of allotment . . . . . . . . . . . . . March 31, 2008 Inception Date . . . . . . . . . . . . . . . . . . .April 1, 2008 Corpus:. . . . Rs 199.97 crore (September 30, 2010) Minimum Investment . . . . . . . . . . . Rs 500/- and in multiples of Rs 500/- thereafter Fund Manager . . . . . . . . . . . . . . . . .Sailesh Raj Bhan Entry Load* . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nil Exit Load** . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nil * In terms of SEBI circular no. SEBI/IMD/CIR No.4/ 168230/09 dated June 30, 2009, no entry load will be charged by the Scheme to the investor effective August 1, 2009. Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors' assessment of various factors including the service rendered by the distributor. **In accordance with the SEBI (MFs) Regulations, 1996, NFO expenses not exceeding 6% of the amount mobilised, will be charged to the scheme and will be amortised over a period of 10 years. If the investor opts for the redemption before the completion of 10 years, proportionate unamortized portion of the NFO expenses outstanding as on the date of the redemption shall be recovered from such investor. Benchmark. . . . . . . . . . . . . . . . . . . . BSE 100 Index PoRTFoLIo oF RELIanCE EQUITy LInKED SaVInG FUnD SERIES I as on September 30, 2010 Holdings Weightage (%) Equities 83.73 Hikal Ltd. 6.67 Fulford India Ltd. 6.30 Tata Consultancy Services Ltd. 5.79 Astrazeneca Pharma India Ltd. 5.41 Graphite India Ltd. 5.08 Divi's Laboratories Ltd. 4.83 Coromandel International Ltd. 4.08 HCL Technologies Ltd. 3.68 Reliance Industries Ltd. 3.47 State Bank Of India 3.24 Larsen & Toubro Ltd. 3.08 SKF India Ltd. 2.93 ICICI Bank Ltd. 2.78 Pantaloon Retail (India) Ltd. 2.72 DCM Shriram Consolidated Ltd. 2.71 Sasken Communication Technologies 2.62 HDFC Bank Ltd. 2.49 Blue Star Ltd. 2.43 Hexaware Technologies Ltd. 1.90 Trent Ltd. 1.86 Bharti Airtel Ltd. 1.83 Bharat Forge Ltd. 1.81 Maruti Suzuki India Ltd. 1.80 Torrent Power Ltd. 1.71 Ratnamani Metals And Tubes Ltd. 1.61
Equity Less Than 1% Of Corpus Warrants,Preference Shares,Cash and other Receivables Grand Total VoLaTILITy MEaSURES Beta Standard Deviation R Squared Sharpe Ratio Portfolio Turnover Ratio
0.89 16.27 100.00
0.7425 3.6373 0.8652 0.0871 0.66
naV aS on SEPTEMBER 30, 2010 Reliance Equity Linked Saving FundSeries I-Growth Plan Reliance Equity Linked Saving FundSeries I-Dividend Plan
RS 15.5259 15.5259
figures in %
PERFoRManCE oF RELIanCE EQUITy LInKED SaVInG FUnD - SERIES I - GRoWTH vs BSE 100 aS on SEPTEMBER 30, 2010 Period 6 Months 1 Year 3 Years 5 Years Since Inception Returns of Scheme (%) 22.61 31.61 N.A. N.A. 19.09 Returns of Benchmark (%) 14.09 19.00 N.A. N.A. 10.79
Equities 83.73%
Returns of the Growth Plan. Returns less than one year are absolute returns and returns of one year and more are compounded annualized returns. Calculations assume that all payouts during the period have been reinvested in the units of the scheme at the then prevailing NAV. Past performance may or may not be sustained in the future.

MISCELLANEOUS 0.00% FERROUS METALS POWER AUTO TELECOM - SERVICES CONSUMER DURABLES CONSTRUCTION PROJECT PETROLEUM PRODUCTS RETAILING PESTICIDES FERTILISERS BANKS INDUSTRIAL PRODUCTS SOFTWARE PHARMACEUTICALS 1.61% 1.71% 1.80% 1.83% 2.43% 3.08% 3.47% 4.58% 6.67% 6.79% 8.51% 9.82% 14.89% 16.54%
19
Debt : Liquid
FUnD DaTa Type. . . . . . . . . . . . . An Open Ended Liquid Scheme Date of allotment . . . . . . . . . . . . . . .June 16, 2005 Inception Date . . . . . . . . . . . . . . . . .June 16, 2005 Corpus . . Rs 13349.44 crore (September 30, 2010) Minimum Investment . . Rs 5 crore for all investors & in multiples of Re 1 thereafter Fund Manager . . . . . . . . Amit Tripathi & Anju Chhajer Weighted Average YTM . . . . . . . . . . . . . . . . 7.00% Modified Duration . . . . . . . . . . . . . . . . . 0.08 Years Weighted Avg. Maturity . . . . . . . . . . . . . 0.09 Years Entry Load* . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nil Exit Load . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nil * In terms of SEBI circular no. SEBI/IMD/CIR No.4/ 168230/09 dated June 30, 2009, no entry load will be charged by the Scheme to the investor effective August 1, 2009. Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors' assessment of various factors including the service rendered by the distributor. Benchmark. . . . . . . . . . . . . . . Crisil Liquid Fund Index PoRTFoLIo oF RELIanCE LIQUIDITy FUnD as on September 30, 2010 Holdings Certificate of Deposit Central Bank Of India UCO Bank State Bank Of India Punjab National Bank ICICI Bank Ltd. Allahabad Bank Central Bank Of India Punjab & Sindh Bank Ltd Bank Of Baroda Ing Vysya Bank Ltd. Axis Bank Ltd. Allahabad Bank State Bank Of Patiala Kotak Mahindra Bank Ltd. State Bank Of Travancore Syndicate Bank Ltd. Andhra Bank Ltd IDBI Bank Ltd Yes Bank Ltd. Corporation Bank Canara Bank Vijaya Bank Oriental Bank Of Commerce State Bank Of Patiala Commercial Paper IDFC Ltd. NABARD Indian Oil Corporation Ltd. SIDBI Aditya Birla Finance Ltd JM Financial Products Private Ltd. JM Financial Services Pvt Ltd Ericsson India Private Ltd SIDBI Utkal Alumina International Ltd Infina Finance Private Ltd. Indiabulls Securities Ltd. SKS Microfinance Ltd. Apollo Tyres Ltd Export Import Bank Of India Religare Finvest Ltd. DIVIDEnD HISToRy Date(DD/MM/yy) Reliance Liquidity Fund - Weekly Dividend September 24, 2010 September 17, 2010 September 13, 2010 September 3, 2010 Reliance Liquidity Fund - Monthly Dividend November 25, 2008 February 25, 2008 January 25, 2008 Rating Weightage(%) 38.76 PR1+ 6.27 P1+ 3.98 P1+ 3.69 PR1+ 3.34 A1+ 2.77 A1+ 2.70 P1+ 2.36 A1+ 2.22 A1+ 1.66 P1+ 1.55 P1+ 1.52 P1+ 1.48 A1+ 1.08 P1+ 0.93 P1+ 0.74 PR1+ 0.58 F1+(Ind) 0.56 A1+ 0.37 A1+ 0.37 P1+ 0.19 P1+ 0.13 PR1+ 0.12 P1+ 0.10 P1+ 0.07 14.40 A1+ 3.68 P1+ 1.66 P1+ 1.48 PR1+ 1.48 A1+ 1.18 P1+ 0.93 P1+ 0.74 A1+ 0.74 P1+ 0.67 PR1+ 0.55 P1+ 0.37 P1+ 0.37 PR1+ 0.19 P1+ 0.18 P1+ 0.10 A1+ 0.07
Reliance Liquidity Fund

The investment objective of the Scheme is to generate optimal returns consistent with moderate levels of risk and high liquidity. Accordingly, investments shall predominantly be made in Debt and Money Market Instruments.
non Convertible Debentures 0.13 Kotak Mahindra Prime Ltd. LAA 0.13 Pass Through Certificates 0.03 Invt Vehicle For Structure Tr 1208 AAA(SO) 0.03 Treasury Bills 0.74 91 Days Tbill Sovereign 0.74 Cash and other Receivables 45.93 Grand Total 100.00 naV aS on SEPTEMBER 29, 2010 RS
Reliance Liquidity Fund-Daily Dividend Plan 10.0051 Reliance Liquidity Fund-Weekly Dividend Plan 10.0118 Reliance Liquidity Fund-Growth Plan 14.2239 RaTInG PRoFILE Rating SOV P1+ A1+ F1+(IND) PR1+ AAA(SO) LAA Cash & Other Receivables Grand Total Weightage(%) 0.74 23.24 16.84 0.56 12.52 0.03 0.13 45.93 100.00
PERFoRManCE oF RELIanCE LIQUIDITy FUnD VS CRISIL LIQUID FUnD InDEx aS on SEPTEMBER 29, 2010 Period 7 Days 15 Days 30 Days 3 Months 6 Months 1 Year 3 Years 5 Years Since Inception Returns of Scheme (%) 0.12 0.23 0.49 1.41 2.64 4.74 6.78 6.95 6.88 Returns of Benchmark (%) 0.11 0.23 0.49 1.41 2.43 4.04 6.11 6.25 6.16

figures in %
Miscellaneous Government Of India 1.48% 0.74% Petroleum Products Auto Ancillaries 1.48% 0.18% Financial Institutions 1.76% Finance 7.48% Finance - Asset Backed 0.03%
Rate (Re/ Unit) 0.0091 0.0049 0.0115 0.0083 0.0402 0.0534 0.0413
Cum Dividend naV 10.0151 10.0097 10.0182 10.0141 12.8956 10.7585 10.7387
Ex Dividend naV* 10.0035 10.0035 10.0035 10.0035 12.8440 10.6900 10.6857
Banks 40.91%
20
Debt : Liquid
FUnD DaTa Type. . . . . . . . . . . . . An Open Ended Liquid Scheme Date of allotment . . . . . . . . . . . . . March 18, 1998 Inception Date . . . . . . . . . . . . . . . . March 23, 1998 Corpus . . . Rs 2624.54 crore (September 30, 2010) Minimum Investment . . . . . . . Retail Plan: Rs. 5,000 & in multiples of Re 1 thereafter . . . . . . . . . . . . . Institutional Plan: Rs. 1,00,00,000 & in multiples of Re 1 thereafter Fund Manager . . . . . . . . . . . . . . . . . Prashant Pimple Weighted Average YTM . . . . . . . . . . . . . . . . 6.41% Modified Duration . . . . . . . . . . . . . . . . . 0.12 Years Weighted Avg. Maturity . . . . . . . . . . . . . 0.12 Years Entry Load* . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nil Exit Load . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nil * In terms of SEBI circular no. SEBI/IMD/CIR No.4/ 168230/09 dated June 30, 2009, no entry load will be charged by the Scheme to the investor effective August 1, 2009. Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors' assessment of various factors including the service rendered by the distributor. Benchmark. . . . . . . . . . . . . . . Crisil Liquid Fund Index PoRTFoLIo oF RELIanCE LIQUID FUnD TREaSURy PLan as on September 30, 2010 Holdings Certificate of Deposit Bank Of Baroda Punjab National Bank Axis Bank Ltd. ICICI Bank Ltd. UCO Bank Canara Bank Punjab & Sindh Bank Ltd Allahabad Bank Central Bank Of India State Bank Of Patiala State Bank Of Travancore Kotak Mahindra Bank Ltd. State Bank Of Hyderabad Oriental Bank Of Commerce Union Bank Of India Andhra Bank Ltd Commercial Paper HDFC Ltd Indiabulls Financial Services Ltd Investsmart Financial Services Ltd JM Financial Products Private Ltd. L&T Finance Ltd Kotak Mahindra Investments Ltd. Infina Finance Private Ltd. Tata Capital Ltd. Cash and other Receivables Grand Total Rating Weightage(%) 72.83 A1+ 12.57 PR1+ 11.05 P1+ 9.77 A1+ 9.41 P1+ 5.07 P1+ 4.95 A1+ 3.76 A1+ 3.76 PR1+ 3.42 A1+ 3.05 P1+ 1.88 P1+ 0.95 A1+ 0.94 P1+ 0.94 A1+ 0.94 F1+(Ind) 0.38 16.85 A1+ 7.51 P1+ 1.88 F1+(Ind) 1.88 P1+ 1.87 PR1+ 1.70 A1+ 0.95 P1+ 0.61 A1+ 0.46 10.33 100.00
naV aS on SEPTEMBER 29, 2010 Reliance Liquid Fund - Treasury Plan Daily Dividend Plan Reliance Liquid Fund - Treasury Plan Weekly Dividend Plan Reliance Liquid Fund - Treasury Plan Monthly Dividend Plan Reliance Liquid Fund - Treasury Plan Quarterly Dividend Plan Reliance Liquid Fund - Treasury Plan Growth Plan Reliance Liquid Fund - Treasury Plan Institutional Daily Dividend Plan Reliance Liquid Fund - Treasury Plan Institutional Weekly Dividend Plan Reliance Liquid Fund - Treasury Plan Institutional Monthly Dividend Plan Reliance Liquid Fund - Treasury Plan Institutional Growth Plan RaTInG PRoFILE Rating P1+ A1+ F1+(IND) PR1+ Cash & Other Receivables Grand Total -
RS
Reliance Liquid Fund - Treasury Plan

The primary investment objective of the scheme is to generate optimal returns consistent with moderate levels of risk and high liquidity. Accordingly, investments shall predominantly be made in Debt and Money Market Instruments
15.2428 10.3502 13.3127 12.1665 22.6054 15.2874 15.3161 21.7501 23.0193
Weightage (%) 27.91 43.33 2.25 16.18 10.33 100.00
PERFoRManCE oF RELIanCE LIQUID FUnDTREaSURy PLan VS CRISIL LIQUID FUnD InDEx aS on SEPTEMBER 29, 2010 Period 7Days 15 Days 30 Days 3 Months 6 Months 1 Year 3 Years 5 Years Since Inception Returns of Scheme (%) 0.11 0.23 0.46 1.27 2.41 4.44 6.48 6.48 6.71 Returns of Benchmark (%) 0.11 0.23 0.49 1.41 2.43 4.04 6.11 6.25 N.A.*
"Returns are of Retail Plan - Growth Plan. Returns less than one year are absolute returns and returns of one year and more are compounded annualized returns. Calculations assume all payouts during the period have been reinvested in the units of the scheme at the prevailing NAV. Past performance may or may not be sustained in the future." * N.A. denotes non-availability of suitable index at the time of inception.

figures in %
DIVIDEnD HISToRy Date(DD/MM/yy) Rate (Re/ Unit) Reliance Liquid Fund - Treasury Plan - Retail - Monthly Dividend September 27, 2010 0.0496 August 25, 2010 0.0410 July 26, 2010 0.0414 Reliance Liquid Fund - Treasury Plan - Retail - Weekly Dividend September 24, 2010 0.0091 September 17, 2010 0.0052 September 13, 2010 0.0112 September 3, 2010 0.0076 Reliance Liquid Fund - Treasury Plan - Retail - Quarterly Dividend September 20, 2010 0.1133 June 21, 2010 0.1086 March 19, 2010 0.0841 Cum Dividend naV 13.3714 13.3594 13.3599 10.3533 10.3483 10.3560 10.3514 12.2934 12.2839 12.2531 Ex Dividend naV* 13.3081 13.3071 13.3070 10.3417 10.3417 10.3417 10.3417 12.1488 12.1453 12.1452
Finance 16.85% Banks 72.83%
21
Debt : Liquid
FUnD DaTa Type. . . . . . . . . . . . . An Open Ended Liquid Scheme Date of allotment . . . . . . . . . . . December 7, 2001 Inception Date . . . . . . . . . . . . . . December 7, 2001 Corpus . . . . . Rs 34.30 crore (September 30, 2010) Minimum Investment . . Rs 25,000 & in multiples of . . . . . . . . . . . . . . . . . . . . . . . . . . . . Re.1 thereafter. Fund Manager . . . . . . . . . . . . . . . . . . . .Amit Tripathi Weighted Average YTM . . . . . . . . . . . . . . . . 5.78% Modified Duration . . . . . . . . . . . . . . . . . 0.00 Years Weighted Avg. Maturity . . . . . . . . . . . 0.0027 Years Entry Load* . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nil Exit Load . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nil * In terms of SEBI circular no. SEBI/IMD/CIR No.4/ 168230/09 dated June 30, 2009, no entry load will be charged by the Scheme to the investor effective August 1, 2009. Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors' assessment of various factors including the service rendered by the distributor. Benchmark. . . . . . . . . . . . . . . Crisil Liquid Fund Index PoRTFoLIo oF RELIanCE LIQUID FUnD CaSH PLan as on September 30, 2010 Holdings Cash and other Receivables Grand Total aSSET aLLoCaTIon Sector Cash and Other Receivables Grand Total Rating Weightage (%) 100.00 100.00
PRoFILE Rating Cash and Other Receivables Grand Total naV aS on SEPTEMBER 29, 2010 Reliance Liquid Cash Plan-Growth Plan Reliance Liquid Cash PlanWeekly Dividend Plan Reliance Liquid Cash PlanDaily Dividend Plan Weightage(%) 100.00 100.00 RS 15.3246 10.9249 11.1415
Reliance Liquid Fund - Cash Plan

PERFoRManCE oF RELIanCE LIQUID FUnD CaSH PLan VS CRISIL LIQUID FUnD InDEx aS on SEPTEMBER 29, 2010 Period 7Days 15 Days 30 Days 3 Months 6 Months 1 Year 3 Years 5 years Since Inception Returns of Scheme (%) 0.10 0.21 0.43 1.21 2.13 3.46 4.55 5.08 4.96 Returns of Benchmark (%) 0.11 0.23 0.49 1.41 2.43 4.04 6.11 6.25 N.A.
"Returns are of Growth Plan. Returns less than one year are absolute returns and returns of one year and more are compounded annualized returns. Calculations assume all payouts during the period have been reinvested in the units of the scheme at the prevailing NAV. Past performance may or may not be sustained in the future. N.A. denotes non-availability of suitable index at the time of inception."
Weightage(%) 100.00 100.00

The fundamental attributes of Reliance Liquid Fund Cash Plan will be changed w.e.f. Nov 9, 2010. Please refer addendum No 45 dated Sep 30, 2010 available on Downloads section of our website www.reliancemutual.com
DIVIDEnD HISToRy Date(DD/MM/yy) September September September September 24, 2010 17, 2010 13, 2010 3, 2010 Rate (Re/ Unit) 0.0091 0.0050 0.0109 0.0073 Cum Dividend naV 10.9285 10.9233 10.9308 10.9262 Ex Dividend naV* 10.9169 10.9169 10.9169 10.9169
Debt : Ultra Short Term
FUnD DaTa Type. . . . . . . . . . . . An Open Ended income Scheme Date of allotment . . . . . . . . . . . . .August 27, 2004 Inception Date . . . . . . . . . . . . . . September 2, 2004 Corpus . . . Rs 3530.11 crore (September 30, 2010) Minimum Investment . . . .Rs 5,000 & in multiples of . . . . . . . . . . . . . . . . . . . . . . . . . . . . Re.1 thereafter. Fund Manager . . . . . . . . . . . . . . . . . . . .Amit Tripathi Weighted Average YTM . . . . . . . . . . . . . . . . 7.38% Modified Duration . . . . . . . . . . . . . . . . . 0.40 Years Weighted Avg. Maturity . . . . . . . . . . . . . 0.45 Years Entry Load* . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nil Exit Load . . . . . . . 0.25%, if the units are redeemed within 1 months from the date of allotment (w.e.f. June 3, 2010). Nil thereafter * In terms of SEBI circular no. SEBI/IMD/CIR No.4/ 168230/09 dated June 30, 2009, no entry load will be charged by the Scheme to the investor effective August 1, 2009. Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors' assessment of various factors including the service rendered by the distributor. Benchmark. . . . . . . . . . . . . . . Crisil Liquid Fund Index
Reliance Floating Rate Fund -Short Term Plan

(Formerly as Reliance Floating Rate Fund)
PoRTFoLIo oF RELIanCE FLoaTInG RaTE FUnD SHoRT TERM PLan as on September 30, 2010 Holdings Bills Re-Discounted Kotak Mahindra Bank Ltd. Certificate of Deposit Canara Bank ICICI Bank Ltd. Axis Bank Limited Andhra Bank Ltd Central Bank Of India State Bank Of Patiala Ing Vysya Bank Ltd. Bank Of India Bank Of Baroda State Bank Of Mysore State Bank Of Patiala Bank Of India Oriental Bank Of Commerce Yes Bank Ltd. Punjab National Bank State Bank Of Travancore Punjab & Sindh Bank Ltd Commercial Paper Religare Finvest Limited ECL Finance Limited Rating Weightage(%) 5.61 Unrated 5.61 61.70 P1+ 13.94 A1+ 11.67 P1+ 5.78 PR1+ 5.59 P1+ 4.95 A1+ 4.70 P1+ 3.11 P1+ 2.77 A1+ 1.34 A1+ 1.32 P1+ 1.32 A1+ 1.31 P1+ 1.23 A1+ 1.02 PR1+ 0.82 P1+ 0.71 A1+ 0.12 4.71 A1+ 1.70 P1+ 1.40 contd...
The primary investment objective of the scheme is to generate regular income through investment in a portfolio comprising substantially of Floating Rate Debt Securities (including floating rate securitised debt, Money Market Instruments and Fixed Rate Debt Instruments swapped for floating rate returns). The scheme shall also invest in Fixed Rate Debt Securities (including floating rate securitised debt, Money Market Instruments and Fixed Rate Debt Instruments swapped for fixed returns).
22
Reliance Floating Rate Fund -Short Term Plan

(Formerly as Reliance Floating Rate Fund)
Cholamandalam Invt And Fin Co. Ltd. A1+ Ballarpur Industries Ltd. F1+(Ind) Kotak Mahindra Investments Ltd. A1+ Floating Rate note Tata Steel Ltd. AA(Ind) Tata Sons Ltd. AAA Ultratech Cement Ltd. AAA non Convertible Debentures ICICI Home Finance Co. Ltd. LAAA Indiabulls Financial Services Ltd LAA Gruh Finance Ltd LAA+ Manappuram General Fin & Leasing Lt LA+ SIDBI AAA LIC Housing Finance Ltd. AAA Sundaram Finance Limited AA+ Tata Capital Limited CareAA+ Indian Hotels Company Ltd. LAA+ TGS Investment & Trade Pvt Ltd A1+ Trapti Trading & Invest Pvt. Ltd. A1+ Pass Through Certificates Indian Inf Equip Rec Trust AAA(Ind) Aditya Birla Nuvo Ltd. LAA+(SO) India Microfin Loan Rec Trus P1+(SO) Tata Capital Limited CareAA+(SO) Cash and other Receivables Grand Total naV aS on SEPTEMBER 29, 2010 Reliance Floating Rate Fund - Short Term Plan Growth Plan Reliance Floating Rate Fund - Short Term Plan Dividend Plan Reliance Floating Rate Fund - Short Term Plan Daily Dividend Plan Reliance Floating Rate Fund - Short Term Plan Weekly Dividend Plan Reliance Floating Rate Fund - Short Term Plan Quarterly Dividend Plan RaTInG PRoFILE Rating LAA+(SO) P1+ P1+(SO) A1+ F1+(IND) PR1+ AAA LAAA AAA(IND)
0.68 0.53 0.40 9.41 4.99 3.71 0.71 13.46 3.55 2.55 1.80 1.41 1.41 1.22 0.56 0.28 0.28 0.20 0.20 4.59 1.88 1.42 1.17 0.12 0.52 100.00 RS 14.8991 10.1244 10.0700 10.0836 10.0402
AA+ LAA+ AA(IND) LAA CAREAA+(SO) CAREAA+ LA+ Unrated Cash & Other Receivables Grand Total
0.56 2.08 4.99 2.55 0.12 0.28 1.41 5.61 0.52 100.00
PERFoRManCE oF RELIanCE FLoaTInG RaTE FUnD VS CRISIL LIQUID FUnD InDEx aS on May 23, 2010 Period Returns of Returns of Scheme (%) Benchmark (%) 7days 0.09 0.06 15 days 0.19 0.13 30 days 0.39 0.27 3 months 1.13 0.94 6 months 2.22 1.72 1 Year 4.76 3.10 3 Years 7.18 6.23 5 Years 7.05 6.19 Since Inception 7.43 6.50 Inception date : September 12, 2006
Reliance Floating Rate Fund was launched on Sep 2,2004. Subsequently the trustees of RMF (w.e.f May 24,2010) changed the features of the scheme and renamed the same as Reliance Floating Rate Fund - Short Term Plan. For more details on the features of Reliance Floating Rate Fund - Short Term Plan please refer addendum to the offer document dated April 17, 2010.
PERFoRManCE oF RELIanCE FLoaTInG RaTE FUnD - SHoRT TERM PLan vs CRISIL LIQUID FUnD InDEx aS on SEPTEMBER 29, 2010 Period Returns of Scheme (%) Since Inception 2.09 Inception date : May 24, 2010 Returns of Benchmark (%) 1.87

Finance Asset Backed 1.17% Diversified 1.42% Ferrous Metals 4.99% Cement 0.71%
Weightage (%) 1.42 35.22 1.17 24.65 0.53 6.41 7.05 3.55 1.88
Reliance Floating Rate Fund was launched on Sep 2,2004. Subsequently the trustees of RMF (w.e.f May 24,2010) changed the features of the scheme and renamed the same as Reliance Floating Rate Fund - Short Term Plan. For more details on the features of Reliance Floating Rate Fund - Short Term Plan please refer addendum to the offer document dated April 17, 2010. The key features like Change in Name and Type of the Scheme, Change in Asset Allocation of Reliance Floating Rate Fund were made with effect from May 24, 2010. Accordingly, the Scheme was converted into an income scheme from a Liquid Scheme. Please refer to Addendum No. 106 dated April 17, 2010. Accordingly, performance of the Scheme subsequent to change is also provided. "Returns are of Growth Plan. Returns less than one year are absolute returns and returns of one year and more are compounded annualized returns. Calculations assume all payouts during the period have been reinvested in the units of the scheme at the prevailing NAV. Past performance may or may not be sustained in the future."
figures in %
Paper 0.53% Cash & Other Receivables 0.52% Hotels 0.28%
DIVIDEnD HISToRy Date(DD/MM/yy) Rate Cum Dividend (Re/ Unit) naV Reliance Floating Rate Fund - Short Term Plan- Weekly Dividend September 28, 2010 0.0107 10.0936 September 21, 2010 0.0112 10.0942 September 14, 2010 0.0098 10.0926 September 7, 2010 0.0104 10.0932 August 3, 2010 0.0100 10.0928 Reliance Floating Rate Fund - Short Term Plan - Monthly Dividend September 20, 2010 0.0434 10.1578 August 20, 2010 0.0455 10.1561 July 19, 2010 0.0411 10.1542 Reliance Floating Rate Fund - Short Term Plan - Quarterly Dividend September 20, 2010 0.0952 10.1329 Ex Dividend naV* 10.0814 10.0814 10.0814 10.0814 10.0814 10.1099 10.1090 10.1089 10.0259
Miscellaneous 8.80%
Banks 68.73% Finance 12.87%
Reliance
FUnD DaTa Type. . . . . . . . . . . . An Open Ended Income Scheme Date of allotment . . . . . . . . . . . . . March 20, 2007 Inception Date . . . . . . . . . . . . . . . . March 21, 2007 Corpus . . Rs 13355.00 crore (September 30, 2010) Minimum Investment . . . . . . . . .Retail Plan: Rs 1 lac . . . . . . . . . . . . . and in multiples of Re. 1 thereafter . . . . . . . . . . . . . . . . . . Institutional Plan: Rs 1 crore . . . . . . . . . . . . . and in multiples of Re. 1 thereafter Fund Manager . . . . . . . . Amit Tripathi & Anju Chhajer Weighted Average YTM . . . . . . . . . . . . . . . . .6.55% Modified Duration . . . . . . . . . . . . . . . . . . 0.14 Years
Weighted Average Maturity . . . . . . . . . . 0.15 Years Entry Load* . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nil Exit Load . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nil * In terms of SEBI circular no. SEBI/IMD/CIR No.4/ 168230/09 dated June 30, 2009, no entry load will be charged by the Scheme to the investor effective August 1, 2009. Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors' assessment of various factors including the service rendered by the distributor. Benchmark. . . . . . . . . . . . . . . Crisil Liquid Fund Index
Money Manager Fund

The investment objective of the Scheme is to generate optimal returns consistent with moderate levels of risk and liquidity by investing in debt securities and money market securities.
contd...
23
Reliance
PoRTFoLIo oF RELIanCE MonEy ManaGER FUnD Rating Weightage(%) Certificate of Deposit 69.44 Canara Bank P1+ 14.86 Central Bank Of India PR1+ 13.54 Punjab National Bank PR1+ 12.09 Allahabad Bank A1+ 5.13 Oriental Bank Of Commerce P1+ 4.27 Indian Bank F1+(Ind) 2.77 Axis Bank Ltd. P1+ 2.29 State Bank Of Mysore A1+ 2.15 Andhra Bank Ltd F1+(Ind) 1.86 Axis Bank Ltd. A1+ 1.47 Indian Overseas Bank P1+ 1.11 Ing Vysya Bank Ltd. P1+ 1.03 Punjab & Sindh Bank Ltd A1+ 0.92 Vijaya Bank PR1+ 0.82 State Bank Of Patiala P1+ 0.81 Karur Vysya Bank Ltd. A1+ 0.75 State Bank Of India P1+ 0.74 State Bank Of Bikaner & Jaipur P1+ 0.74 IDBI Bank Ltd A1+ 0.73 Yes Bank Ltd. A1+ 0.37 State Bank Of Patiala A1+ 0.37 Corporation Bank P1+ 0.37 Union Bank Of India A1+ 0.14 IDBI Bank Ltd P1+ 0.11 Commercial Paper 13.48 Indiabulls Financial Services Ltd P1+ 3.68 Religare Finvest Ltd. A1+ 2.91 Edelweiss Capital Ltd. P1+ 1.85 Export Import Bank Of India P1+ 1.50 L & T Infrastructure Finance Co Ltd A1+ 1.10 Utkal Alumina International Ltd PR1+ 0.55 Ericsson India Private Ltd A1+ 0.37 Shriram City Union Finance Ltd. PR1+ 0.37 ECL Finance Ltd. A1+ 0.37 ICICI Securities Ltd P1+ 0.37 Kotak Mahindra Investments Ltd. A1+ 0.18 Sundaram Bnp Paribas Home Fina Ltd. A1+ 0.18 HDFC Ltd A1+ 0.03 Floating Rate note 0.22 Hero Honda Finlease Ltd. P1+ 0.22 non Convertible Debentures 0.52 Kotak Mahindra Prime Ltd. P1+ 0.41 IDFC Ltd. LAAA 0.04 Kotak Mahindra Investments Ltd. A1+ 0.04 Unitech Ltd. B-(Ind) 0.02 Kotak Mahindra Prime Ltd. LAA 0.02 Pass Through Certificates 0.42 Indian Railway Fin. Corpn. Ltd. F1+(Ind)(SO) 0.23 Invt Vehicle For Structure Tr 1508 AAA(SO) 0.11 IFMR Capital Mosec II P1+(SO) 0.06 Indian Infra Equp Rec Trust AAA(Ind)(SO) 0.01 Invt Vehicle For Structure Tr 1208 AAA(SO) 0.00 Treasury Bills 0.92 91 Days Tbill Sovereign 0.37 91 Days Tbil Sovereign 0.19 91 Days Tbill Sovereign 0.19 91 Days Tbill Sovereign 0.17 Zero Coupon Bonds 0.56 LIC Housing Finance Ltd. AAA 0.56 Cash and other Receivables 14.44 Grand Total 100.00 naV aS on SEPTEMBER 29, 2010
figures in %
Money Manager Fund
as on September 30, 2010 Holdings
Reliance Money Manager FundInstItutional Weekly Dividend Reliance Money Manager FundInstitutional Monthly Dividend RaTInG PRoFILE Rating SOV P1+ P1+(SO) A1+ F1+(IND) F1+(IND)(SO) PR1+ AAA LAAA AAA(SO) AAA(IND)(SO) LAA B-(Ind) Cash & Other Receivables Grand Total
1,002.7410 1,008.1323
Weightage(%) 0.92 34.36 0.06 17.23 4.63 0.23 27.37 0.56 0.04 0.11 0.01 0.02 0.02 14.44 100.00
PERFoRManCE oF RELIanCE MonEy ManaGER FUnD VS CRISIL LIQUID FUnD InDEx aS on SEPTEMBER 29, 2010 Period 6 Months 1 Year 3 Years 5 Years Since inception Returns of Scheme (%) 2.49 4.75 6.83 N.A. 7.13 Returns of Benchmark (%) 2.43 4.04 6.11 NA. 6.42

Miscellaneous Government Of India 0.92% 1.54% Finance - Asset Backed Financial Institutions 0.13% 1.73% Construction 0.02% Finance 11.79%
RS 1,276.0565 1,267.6708 1,001.1218 1,003.7569 1,009.2350 1,023.5185 1,288.2793 1,001.3715
Banks 69.44%
Reliance Money Manager FundRetail Growth Reliance Money Manager FundRetail Bonus Reliance Money Manager FundRetail Daily Dividend Reliance Money Manager FundRetail Weekly Dividend Reliance Money Manager FundRetail Monthly Dividend Reliance Money Manager FundRetail Quarterly Dividend Reliance Money Manager FundInstitutional Growth Reliance Money Manager FundInstitutional Daily Dividend
24
DIVIDEnD HISToRy Date (DD/MM/yy) Rate (Re/ Unit) Cum Dividend naV 1003.9992 1003.5375 1004.3533 1003.9457 1011.9555 1012.0880 1011.4628 1011.9555 1034.0841 1032.5403 Ex Dividend naV* 1002.9398 1002.9398 1002.9398 1002.9398 1007.9477 1007.9123 1007.8857 1007.9477 1022.0352 1022.0395
Reliance
Money Manager Fund
Reliance Money Manager Fund - Weekly Dividend September 24, 2010 0.9306 September 17, 2010 0.5250 September 13, 2010 1.2416 September 3, 2010 0.8836 Reliance Money Manager Fund -Retail - Monthly Dividend September 20, 2010 3.6525 August 20, 2010 4.0349 July 19, 2010 3.2634 Reliance Money Manager Fund -Retail - Quarterly Dividend September 20, 2010 11.0551 June 21, 2010 10.6983 March 19, 2010 9.5158
Reliance Medium Term Fund

The primary investment objective of the scheme is to generate regular income in order to make regular dividend payments to unitholders and the secondary objective is growth of capital.
FUnD DaTa Type. . . . . . An Open Ended Income Scheme with no assured returns Date of allotment . . . . . . . . . .September 14, 2000 Inception Date . . . . . . . . . . . . .September 25, 2000 Corpus . . . Rs 3815.27 crore (September 30, 2010) Minimum Investment : Retail : . . . . .Rs. 5,000 & in . . . . . . . . . . . . . . . . . . .multiples of Re.1 thereafter. Fund Manager . . . . . . . . Amit Tripathi & Anju Chhajer Weighted Average YTM . . . . . . . . . . . . . . . . 6.71% Modified Duration . . . . . . . . . . . . . . . . . 0.30 Years Weighted Avg. Maturity . . . . . . . . . . . . . 0.32 Years Entry Load* . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nil Exit Load . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nil * In terms of SEBI circular no. SEBI/IMD/CIR No.4/ 168230/09 dated June 30, 2009, no entry load will be charged by the Scheme to the investor effective August 1, 2009. Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors' assessment of various factors including the service rendered by the distributor. Benchmark. . . . . . Crisil Short-term Bond Fund Index
non Convertible Debentures SIDBI Tata Capital Ltd. Treasury Bills 91 Days Tbill Zero Coupon Bonds Godrej Consumer Products Ltd. IDFC Ltd. Cash and other Receivables Grand Total
1.41 1.30 0.11 2.60 Sovereign 2.60 2.28 A1+ 1.85 AAA(Ind) 0.44 5.98 100.00 AAA LAA+ RS 19.5975 13.9963 10.7220 10.3870 17.0959 17.0991
naV aS on SEPTEMBER 29, 2010 Reliance Medium Term FundGrowth Plan Reliance Medium Term FundBonus Plan Reliance Medium Term FundQuarterly Dividend Plan Reliance Medium Term FundMonthly Dividend Plan Reliance Medium Term FundDaily Dividend Plan Reliance Medium Term FundWeekly Dividend Plan RaTInG PRoFILE Rating SOV P1+ A1+ F1+(IND) PR1+ AAA AAA(IND) LAA+ Cash & Other Receivables Grand Total

Diversified 2.59% Government Of India 2.60% Finance 4.54% Consumer Non Durables 1.85%
PoRTFoLIo oF RELIanCE MEDIUM-TERM FUnD

figures in %
Miscellaneous 5.55%
Cash & Other Receivables 5.98%
Banks 67.99%
Financial Institutions 8.90%
Rating Weightage(%) Certificate of Deposit 66.69 IDBI Bank Ltd A1+ 7.76 Allahabad Bank A1+ 6.44 Vijaya Bank PR1+ 5.87 Federal Bank Ltd. P1+ 5.24 Bank Of India P1+ 4.45 ICICI Bank Ltd. A1+ 4.23 Corporation Bank P1+ 3.88 Central Bank Of India PR1+ 3.52 State Bank Of Patiala A1+ 3.16 Union Bank Of India A1+ 3.07 Axis Bank Ltd. P1+ 2.80 State Bank Of Hyderabad A1+ 2.45 State Bank Of Bikaner & Jaipur P1+ 2.44 State Bank Of Travancore A1+ 2.43 Canara Bank P1+ 2.37 Ing Vysya Bank Ltd. P1+ 1.68 Oriental Bank Of Commerce P1+ 1.29 State Bank Of Mysore P1+ 1.22 Yes Bank Ltd. A1+ 0.71 Andhra Bank Ltd F1+(Ind) 0.65 State Bank Of Travancore P1+ 0.62 Punjab National Bank PR1+ 0.36 Punjab & Sindh Bank Ltd A1+ 0.05 Commercial Paper 20.38 Export Import Bank Of India P1+ 7.07 Aditya Birla Nuvo Ltd. A1+ 2.59 Cholamandalam Invt And Fin Co. Ltd. A1+ 2.50 Morgan Stanley (I) Capital Pvt Ltd F1+(Ind) 1.93 NABARD P1+ 1.82 Utkal Alumina International Ltd PR1+ 1.30 India Infoline Investment Serv Ltd A1+ 1.29 HDB Financial Services Ltd. PR1+ 1.03 Kotak Mahindra Investments Ltd. A1+ 0.64 L&T Finance Ltd PR1+ 0.12 HDFC Ltd A1+ 0.08 Floating Rate note 0.66 Power Finance Corporation Ltd. AAA 0.66
weightage(%) 2.60 34.90 39.25 2.58 12.19 1.96 0.44 0.11 5.98 100.00
PERFoRManCE oF RELIanCE MEDIUM-TERM FUnD VS CRISIL SHoRT TERM BonD FUnD InDEx aS on SEPTEMBER 29, 2010 Period 6 Months 1 Year 3 Years 5 Years Since Inception Returns of Scheme (%) 2.74 5.10 6.56 6.00 6.90 Returns of Benchmark (%) 2.35 4.92 7.23 6.70 N.A.
"Returns are of Growth Plan. Returns less than one year are absolute returns and returns of one year and more are compounded annualized returns. Calculations assume all payouts during the period have been reinvested in the units of the scheme at the prevailing NAV. Past performance may or may not be sustained in the future. N.A. denotes non-availability of suitable index at the time of inception."
25
DIVIDEnD HISToRy Date(DD/MM/yy) Reliance Medium Term Fund - Retail - Weekly September 28, 2010 September 21, 2010 September 14, 2010 September 7, 2010 Reliance Medium Term Fund - Retail - Quarterly September 20, 2010 June 21, 2010 March 22, 2010 Reliance Medium Term Fund - Retail - Monthly September 20, 2010 August 20, 2010 July 20, 2010 Rate (Re/ Unit) 0.0178 0.0170 0.0159 0.0167 0.1290 0.1205 0.1080 0.0411 0.0454 0.0388 Cum Dividend naV 17.1162 17.1153 17.1140 17.1149 10.8525 10.8419 10.8280 10.4179 10.4193 10.4158 Ex Dividend naV* 17.0959 17.0959 17.0959 17.0959 10.7072 10.7062 10.7061 10.3727 10.3723 10.3731
Reliance Medium Term Fund
Debt : Short Term
FUnD DaTa Type. . . . . . . . . . . . An Open Ended Income Scheme Date of allotment . . . . . . . . . . December 18, 2002 Inception Date . . . . . . . . . . . . . December 23, 2002 Corpus . . . Rs 4691.00 crore (September 30, 2010) Minimum Investment . . . .Rs 5,000 & in multiples of . . . . . . . . . . . . . . . . . . . . . . . . . . . . Re.1 thereafter. Fund Manager . . . . . . . . . . . . . . . . . Prashant Pimple Weighted Average YTM . . . . . . . . . . . . . . . . 7.71% Modified Duration . . . . . . . . . . . . . . . . . 1.72 Years Weighted Avg. Maturity . . . . . . . . . . . . . 2.08 Years Entry Load* . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nil Exit Load . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nil * In terms of SEBI circular no. SEBI/IMD/CIR No.4/ 168230/09 dated June 30, 2009, no entry load will be charged by the Scheme to the investor effective August 1, 2009. Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors' assessment of various factors including the service rendered by the distributor. Benchmark. . . . . . . . . . . . . . . Crisil Liquid Fund Index PoRTFoLIo oF RELIanCE SHoRT-TERM FUnD Rating Weightage(%) Certificate of Deposit 42.32 State Bank Of Hyderabad A1+ 6.84 State Bank Of Patiala A1+ 6.80 Axis Bank Ltd. PR1+ 4.31 Oriental Bank Of Commerce P1+ 4.11 HDFC Bank Ltd. PR1+ 3.93 Bank Of India P1+ 2.38 Punjab National Bank PR1+ 2.35 Bank Of India A1+ 1.98 Axis Bank Ltd. P1+ 1.84 Andhra Bank Ltd PR1+ 1.74 ICICI Bank Ltd. A1+ 1.72 State Bank Of Mysore A1+ 1.02 Union Bank Of India P1+ 1.01 State Bank Of Travancore P1+ 1.01 State Bank Of Patiala P1+ 0.99 Canara Bank P1+ 0.30 Commercial Paper 4.82 NABARD P1+ 1.98 Cholamandalam Invt And Fin Co. Ltd. A1+ 1.83 HDFC Ltd P1+ 0.60 HDFC Ltd A1+ 0.41 Floating Rate note 2.68 Tata Steel Ltd. AA(Ind) 2.36 IDFC Ltd. LAAA 0.32 Govt Securities(GSE) 18.98 7.17% GOI (MD 14/06/2015) Sovereign 8.46 7.46% GOI (MD 28/08/2017) Sovereign 7.61 7.99% GOI (MD 09/07/2017) Sovereign 2.91 non Convertible Debentures 20.84 Tata Motors Ltd. AAA 3.37 LIC Housing Finance Ltd. AAA 3.00 National Housing Bank AAA(Ind)(SO) 2.45 Indian Railway Finance Corpn. Ltd. AAA 1.72 Reliance Utilities & Power Pvt.Ltd. CareAAA 1.63 as on September 30, 2010 Holdings
Reliance Short Term Fund

The primary investment objective of the scheme is to generate stable returns for investors with a short term investment horizon by investing in fixed income securitites of a short term maturity PoRTFoLIo CoMPoSITIon aS on SEPTEMBER 30, 2010
figures in %
Cash & Other Receivables 1.97% Ferrous Metals 2.36% Auto 3.37% Financial Institutions 5.18% Power 1.41% Electrical & Electronics 0.54%
NABARD AAA 1.48 Rural Electrification Corp Ltd AAA 1.48 HDFC Ltd AAA 1.20 Power Finance Corporation Ltd. AAA 1.18 Tata Power Co. Ltd. AA 0.86 Power Grid Corporation Ltd. AAA 0.55 LIC Housing Finance Ltd. CareAAA 0.53 Bajaj Finance Ltd. LAA+ 0.53 Kotak Mahindra Prime Ltd. LAA 0.52 ICICI Bank Ltd. AAA 0.21 IDBI Bank Ltd AA+ 0.07 Airport Authority Of India AAA 0.06 Pass Through Certificates 7.30 Tata Teleservices Ltd. Care A+ (SO) 3.86 Indian Inf Equip Rec Trust AAA(Ind) 2.91 IBM India Private Ltd. AAA(Ind)(SO) 0.54 Zero Coupon Bonds 1.09 HDFC Ltd AAA 1.09 Cash and other Receivables 1.97 Grand Total 100.00 naV aS on SEPTEMBER 29, 2010 Reliance Short Term Fund-Growth Plan Reliance Short Term FundDividend Re-Investment Plan Reliance Short Term FundQuarterly Dividend Plan RaTInG PRoFILE Rating SOV P1+ A1+ PR1+ AAA LAAA CAREAAA AAA(IND) AAA(IND)(SO) AA+ LAA+ AA AA(IND) LAA CARE A+ (SO) Cash & Other Receivables Grand Total Weightage (%) 18.98 14.22 20.59 12.33 15.34 0.32 2.15 2.91 2.99 0.07 0.53 0.86 2.36 0.52 3.86 1.97 100.00 RS 17.8392 10.6055 13.3548
Miscellaneous 8.45% Banks 45.05%
Finance 12.68%
Government Of India 18.98%
PERFoRManCE oF RELIanCE SHoRT-TERM FUnD VS CRISIL LIQUID FUnD InDEx aS on SEPTEMBER 29, 2010 Period 6 Months 1 Year 3 Years 5 Years Since Inception Returns of Scheme (%) 2.60 5.49 9.07 8.53 7.71 Returns of Benchmark (%) 2.43 4.04 6.11 6.25 5.59
26
Debt : Short Term
DIVIDEnD HISToRy Date(DD/MM/yy) Reliance Short Term Fund - Monthly Dividend September 27, 2010 August 25, 2010 July 26, 2010 Reliance Short Term Fund - Quarterly Dividend September 20, 2010 June 21, 2010 March 19, 2010 Rate (Re/ Unit) 0.0483 0.0176 0.0218 0.1318 0.1581 0.1222 Cum Dividend naV 10.6563 10.6180 10.6327 13.4785 13.5422 13.4605 Ex Dividend naV* 10.6034 10.5994 10.6052 13.3317 13.3684 13.3227
Debt : Long Term
FUnD DaTa Type. . . . . . . . . . . . . . . . . . An Open Ended Scheme Date of allotment . . . . . . . . . . . . . . . .June 8, 2005 Inception Date . . . . . . . . . . . . . . . . . . .June 9, 2005 Corpus . . . Rs 3327.83 crore (September 30, 2010) Minimum Investment...Rs. 500 & in multiples of Re. 1 Retail Plan: Rs. 500 per option & in multiples of Re. 1 thereafter. Institutional Plan: Rs. 25 lacs per option and in multiples of Re. 1 thereafter. Maximum Investment ...Rs. 10 Crore per investor (for all folios) in one calendar quarter. *Calendar quarter implies January -March, April - June, July - September, October - December. Fund Manager . . . . . . . . . . . . . . . . Prashant Pimple Weighted Average YTM . . . . . . . . . . . . . . . . 8.47% Modified Duration . . . . . . . . . . . . . . . . . . 1.54 Years Weighted Average Maturity . . . . . . . . . . . 1.75 Years Entry Load* Under both Retail and Institutional Plan Nil. Exit Load . . . Under both Retail and Institutional Plan 2%, if redeemed/switched out on or before completion of 1 year. Nil, if redeemed/switched out after completion of 1 year. * In terms of SEBI circular no. SEBI/IMD/CIR No.4/ 168230/09 dated June 30, 2009, no entry load will be charged by the Scheme to the investor effective August 1, 2009. Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors' assessment of various factors including the service rendered by the distributor. Benchmark. . . . . . . Crisil Composite Bond Fund Index PoRTFoLIo oF RELIanCE REGULaR SaVInGS FUnD - DEBT oPTIon
Reliance Regular Savings Fund - Debt Option

The primary investment objective of this option is to generate optimal returns consistent with moderate level of risk. This income may be complemented by capital appreciation of the portfolio. Accordingly investments shall predominantly be made in Debt & Money Market Instruments. PoRTFoLIo CoMPoSITIon aS on SEPTEMBER 30, 2010
Power 1.22% Paper Consumer 1.50% Durables 1.50% Cash & Other Receivables 2.72% Software 3.83% Banks 4.35% Electrical & Electronics 1.15% Transportation 0.06% Finance Asset Backed 0.03%
figures in %
Sundaram Bnp Paribas Home Fina Ltd. CareAA+ 0.77 Shriram Transport Finance Co Ltd. CareAA+ 0.76 RHC Holding Pvt Ltd A1+ 0.75 Ballarpur Industries Ltd. AA-(Ind)(SO) 0.75 Ballarpur Industries Ltd. AA-(Ind) 0.75 Cholamandalam Invt and Fin Co. Ltd. AA0.74 LIC Housing Finance Ltd. AAA 0.59 India Infoline Investment Serv Ltd LAA-(SO) 0.33 Indiabulls Infrastructure Credit Lt AA 0.22 SREI Equipment Finance Pvt Ltd PR1+ 0.03 Indiabulls Housing Finance Ltd AA 0.03 Pass Through Certificates 18.34 Tata Teleservices Ltd. Care A+ (SO) 5.50 Aditya Birla Nuvo Ltd. LAA+(SO) 5.26 Tata Motors Finance Ltd. A+(SO) 2.19 Shriram Transport Fin. Co Ltd. CareAA+(SO) 1.51 Indian Inf Equip Rec Trust AAA(Ind) 1.37 IBM India Private Ltd. AAA(Ind)(SO) 1.15 TML Auto Sec Trust AA+(SO) 0.73 Tata Capital Ltd. CareAA+(SO) 0.53 Jet Airways (India) Ltd. AAA(SO) 0.06 Indian Infra Equp Rec Trust AAA(Ind)(SO) 0.03 Zero Coupon Bonds 15.42 Indiabulls Financial Services Ltd LAA 4.59 Lands End Properties Pvt. Ltd. CareAA+ 4.06 Sundaram Finance Ltd. LAA+ 2.42 Deutsche Postbank Home Finance Ltd CareAAA(SO) 2.27 Citifinancial Consumer Finance India Ltd. AA+ 1.29 Kotak Mahindra Prime Ltd. LAA 0.81 Cash and other Receivables 2.74 Grand Total 100.00 Interest Rate Swap (Notional %) 4.51 *Guranteed by Citigroup Inc. naV aS on SEPTEMBER 29, 2010 Reliance Regular Savings Fund Debt OptionRetail Growth Plan Reliance Regular Savings Fund Debt OptionRetail Quarterly Dividend Plan Reliance Regular Savings Fund Debt OptionInstitutional Growth Plan Reliance Regular Savings Fund Debt OptionInstitutional Quarterly Dividend Plan RS
Diversified 7.54% Finance 55.01%
12.9502 12.2651 13.0651 12.3440
Miscellaneous 21.10%
as on September 30, 2010 Holdings RatingWeightage Certificate of Deposit 4.33 State Bank Of Travancore P1+ 1.46 Andhra Bank Ltd F1+(Ind) 1.43 State Bank Of Mysore A1+ 0.72 Axis Bank Ltd. PR1+ 0.43 ICICI Bank Ltd. A1+ 0.29 non Convertible Debentures 59.18 Sundaram Finance Ltd. LAA+ 7.32 Citifinancial Consumer Fin. India Ltd.* AA+ 4.55 Cholamandalam Invt And Fin Co. Ltd. LAA4.18 Kotak Mahindra Prime Ltd. LAA 3.41 Tata Sons Ltd. AAA 3.41 Geetanjali Trading & Inv Pvt Ltd BwrAAA 3.03 Tata Capital Ltd. CareAA+ 2.67 HCL Technologies Ltd. AA+ 2.58 Tata Motors Finance Ltd. AA2.21 Tata Capital Ltd. LAA+ 1.68 Shriram City Union Finance Ltd. CareAA1.50 Tube Investments Of India Ltd. AA1.50 Mahindra & Mahindra Fin Ser Ltd. AA(Ind) 1.48 Bajaj Finance Ltd. AA+ 1.36 Indiabulls Financial Services Ltd AA 1.31 Tech Mahindra Ltd. CareAAA 1.25 SREI Equipment Finance Pvt Ltd CareAA 1.23 Tata Power Co. Ltd. AA 1.22 LIC Housing Finance Ltd. CareAAA 1.19 Aditya Birla Nuvo Ltd. LAA+ 1.19 SREI Equipment Finance Pvt Ltd AA(Ind) 1.10 Aditya Birla Nuvo Ltd. CareAA+ 1.09 Reliance Capital Ltd. CareAAA 1.07 L&T Finance Ltd CareAA+ 1.03 Bilt Graphic Paper Products LtdAA-(Ind)(SO) 0.90
PERFoRManCE oF RELIanCE REGULaR SaVInGS FUnD - DEBT oPTIon VS CRISIL CoMPoSITE BonD FUnD InDEx aS on SEPTEMBER 29, 2010 Period 6 Months 1 Year 3 Years 5 Years Since Inception Returns of Scheme (%) 2.50 6.34 6.39 5.05 4.94 Returns of Benchmark (%) 2.67 5.47 6.35 5.55 5.52
RaTInG PRoFILE aS on September 30, 2010 Rating LAA+(SO) P1+ A1+ F1+(IND) PR1+ AAA BWRAAA Weightage (%) 5.26 1.46 1.76 1.43 0.46 4.00 contd... 3.03
27
Debt : Long Term
Reliance Regular Savings Fund - Debt Option
CAREAAA CAREAA AAA(SO) AAA(IND) AAA(IND)(SO) AA+ LAA+ AA+(SO) AA AA(IND) LAA CAREAA+(SO) CAREAA+ CAREAAA(SO) CAREAAAALAALAA-(SO) A+(SO) CARE A+ (SO) AA-(IND) AA-(IND)(SO) Interest Rate Swaps Cash & Other Receivables Grand Total
3.52 1.23 0.06 1.37 1.18 9.77 12.60 0.73 2.78 2.58 8.80 2.04 10.39 2.27 1.50 4.45 4.18 0.33 2.19 5.50 0.75 1.65 0.02 2.72 100.00
DIVIDEnD HISToRy Date September 29, 2010 June 28, 2010 March 30, 2010 Rate (Re/ Unit) 0.0864 0.1212 0.1206 Cum Dividend naV 12.2651 12.2847 12.2437 *ExDividend naV 12.1715 12.1486 12.1108
Reliance Income Fund

The primary investment objective of the scheme is to generate optimal returns consistent with moderate level of risk. This income may be complemented by capital appreciation of the portfolio.Accordingly, investments shall predominantly be made in Debt & Money Market Instruments
FUnD DaTa Type. . . . . . . . . . . . An Open Ended Income Scheme Date of allotment . . . . . . . . . . . . . January 1, 1998 Inception Date . . . . . . . . . . . . . . . . January 1, 1998 Corpus . . . . Rs 284.57 crore (September 30, 2010) Minimum Investment . . . Growth Option: Rs. 5,000 . . . . . . . . . . . . . . . & in multiples of Re.1 thereafter; Monthly Dividend Plan: Rs 25,000 & in multiples of Re.1 thereafter; . . . . . . . . . . . . . . . . . . . . . . . . . . . . Qurterly Dividend Plan: Rs 10,000 & in multiples of Re.1 thereafter; . . . . . . . . . . . . . . . . . . . . . . . . . . . . Half Yearly Dividend Plan: Rs 5,000 & in multiples of Re.1 thereafter; . . . . . . . . . . . . . . . . . . . . . . . . . . . . Annual Dividend Plan: Rs 5,000 & in multiples of Re.1 thereafter Fund Manager . . . . . . . . . . . . . . . . . Prashant Pimple Weighted Average YTM . . . . . . . . . . . . . . . . 8.04% Modified Duration . . . . . . . . . . . . . . . . . 6.58 Years Weighted Avg. Maturity . . . . . . . . . . . . 11.35 Years Entry Load* . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nil Exit Load (w.e.f August 24, 2009) . . . . . . . . . . . . . 1% of the applicable NAV if redeemed or switched out on or before completion of 30 days from the date of allotment of units. There shall be no exit load after completion of 30 days from the date of allotment of units * In terms of SEBI circular no. SEBI/IMD/CIR No.4/ 168230/09 dated June 30, 2009, no entry load will be charged by the Scheme to the investor effective August 1, 2009. Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors' assessment of various factors including the service rendered by the distributor. Benchmark. . . . . . . Crisil Composite Bond Fund Index PoRTFoLIo oF RELIanCE InCoME FUnD as on September 30, 2010 Holdings Rating Weightage(%) Certificate of Deposit 82.43 8.13% GOI (MD 21/09/2022) Sovereign 19.53 8.26% GOI (MD 02/08/2027) Sovereign 19.28 8.08% GOI (MD 02/08/2022) Sovereign 10.61 7.80% GOI (MD 03/05/2020). Sovereign 10.51 7.46% GOI (MD 28/08/2017) Sovereign 8.60 8.30% GOI (MD 02/07/2040) Sovereign 7.01 7.17% GOI (MD 14/06/2015) Sovereign 6.88 7.99% GOI (MD 09/07/2017) Sovereign 0.01 non Convertible Debentures 15.46 Tata Motors Ltd. AAA 9.58 Indian Railway Finance Corpn. Ltd. AAA 3.55 NABARD AAA 1.74 Rural Electrification Corp Ltd AAA 0.36 State Bank Of Hyderabad AAA 0.22 Cash and other Receivables 2.11 Grand Total 100.00
naV aS on SEPTEMBER 29, 2010 Reliance Income Fund-Growth Plan Reliance Income Fund-Bonus Plan Reliance Income FundAnnual Dividend Plan Reliance Income FundHalf Yearly Dividend Plan Reliance Income FundQuarterly Dividend Plan Reliance Income FundMonthly Dividend Plan RaTInG PRoFILE Rating SOV AAA Cash & Other Receivables Grand Total
RS 31.5302 14.8613 12.5384 12.1135 13.2264 10.2353
Weightage(%) 82.43 15.46 2.11 100.00

Cash & Other Receivables 2.11% Financial Institutions 5.29% Auto 9.58% Finance 0.36% Banks 0.22%
figures in %
PERFoRManCE oF RELIanCE InCoME FUnD VS CRISIL CoMPoSITE BonD FUnD InDEx aS on SEPTEMBER 29, 2010 Period Returns of Returns of Scheme (%) Benchmark (%) 6 Months 2.26 2.67 1 Year 4.48 5.47 3 Years 9.18 6.35 5 Years 7.75 5.55 Since Inception 9.45 N.A.*
Returns are of Growth Plan. Returns less than one year are absolute returns and returns of one year and more are compounded annualized returns. Calculations assume all payouts during the period have been reinvested in the units of the scheme at the prevailing NAV. Past performance may or may not be sustained in the future. * N.A. denotes non-availability of suitable index at the time of inception.
contd...
28
Debt : Long Term
DIVIDEnD HISToRy Date(DD/MM/yy) Reliance Income Fund September 20, 2010 March 19, 2010 September 22, 2009 March 19, 2009 Reliance Income Fund September 20, 2010 July 19, 2010 May 19, 2010 Reliance Income Fund June 21, 2010 March 19, 2010 December 21, 2009 Reliance Income Fund March 19, 2010 March 19, 2009 March 19, 2008 - Retail - Half yearly Rate (Re/ Unit) 0.1789 0.1595 0.3153 0.7337 0.0351 0.0264 0.0878 0.1581 0.0758 0.1007 0.5941 1.2530 1.4189 Cum Dividend naV 12.2342 12.2065 12.3467 12.7144 10.2051 10.2434 10.3463 13.3143 13.1741 13.1666 12.9176 13.6323 13.6953 Ex Dividend naV* 12.0449 12.0233 12.0021 11.9005 10.1772 10.2016 10.2472 13.1438 13.0863 13.0615 12.2381 12.2273 12.0146
Reliance Income Fund
- Retail - Monthly
- Retail - Quarterly
- Retail - annually
Debt : Dynamic
FUnD DaTa Type. . . . . . . . . . . . An Open Ended Income Scheme Date of allotment . . . . . . . . . . November 15, 2004 Inception Date . . . . . . . . . . . . . November 16, 2004 Corpus . . . .Rs 362.50 crore (September 30, 2010) Minimum Investment . . . . . . Rs 5,000 & in multiples . . . . . . . . . . . . . . . . . . . . . . . . . . of Re.1 thereafter Fund Manager . . . . . . . . . . . . . . . . . Prashant Pimple Weighted Average YTM . . . . . . . . . . . . . . . . 8.11% Modified Duration . . . . . . . . . . . . . . . . . 5.60 Years Weighted Avg. Maturity . . . . . . . . . . . . . 9.71 Years Entry Load* . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nil Exit Load (w.e.f August 24, 2009). . . . . . . . . . . . . . 1% if the units are redeemed within 6 months from the date of allotment of units. Nil if units are redeemed after 6 months from the date of allotment of units. * In terms of SEBI circular no. SEBI/IMD/CIR No.4/ 168230/09 dated June 30, 2009, no entry load will be charged by the Scheme to the investor effective August 1, 2009. Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors' as sessment of various factors including the service rendered by the distributor. Benchmark. . . . . . . Crisil Composite Bond Fund Index PoRTFoLIo oF RELIanCE DynaMIC BonD FUnD
aSSET aLLoCaTIon Sector Government Of India FINANCE BANKS AUTO Cash & Other Receivables Financial Institutions Grand Total RaTInG PRoFILE Rating SOV A1+ AAA LAA+ AA(IND) AA(IND)(SO) LAA CAREAA+ Cash & Other Receivables Grand Total naV aS on SEPTEMBER 29, 2010 Weightage(%) 62.27 9.76 18.08 0.44 0.95 0.27 0.84 0.54 6.84 100.00 RS Weightage(%) 62.27 12.49 9.49 7.52 6.84 1.39 100.00
Reliance Dynamic Bond Fund

(Formerly as Reliance nRI Income Fund)
The primary investment objective of the scheme is to generate optimal returns consistent with moderate levels of risk. This income may be complemented by capital appreciation of the portfolio. Accordingly, investments shall predominantly be made in Debt Instruments

Financial Institutions 1.39% Cash & Other Receivables 6.84% Auto 7.52%
figures in %
Reliance Dynamic Bond Fund-Dividend Plan 12.4554 Reliance Dynamic Bond Fund-Growth Plan 12.4539 PERFoRManCE - DynaMIC BonD FUnD VS CRISIL CoMPoSITE BonD FUnD InDEx aS on SEPTEMBER 29, 2010 Period 6 Months 1 Year 3 Years 5 Years Since Inception Returns of Scheme (%) 4.25 4.89 2.61 3.72 3.77 Returns of Benchmark (%) 2.67 5.47 6.35 5.55 5.77
Banks 9.49%
Rating
Finance 12.49%
Certificate of Deposit State Bank Of Patiala A1+ By Icra Govt Securities(GSE) 8.13% GOI (MD 21/09/2022) Sovereign 8.26% GOI (MD 02/08/2027) Sovereign 7.80% GOI (MD 03/05/2020). Sovereign 8.08% GOI (MD 02/08/2022) Sovereign 8.30% GOI (MD 02/07/2040) Sovereign 7.99% GOI (MD 09/07/2017) Sovereign non Convertible Debentures Tata Motors Ltd. AAA Power Finance Corporation Limited AAA Reliance Capital Ltd. AAA Indian Railway Finance Corpn. Ltd. AAA Shriram Transport Finance Co Ltd. AA(Ind) Kotak Mahindra Prime Ltd. LAA HDFC Ltd AAA L&T Finance Ltd CareAA+ Kotak Mahindra Investments Ltd. A1+ SREI Equipment Fin. Pvt Ltd AA(Ind)(SO) Zero Coupon Bonds Sundaram Finance Ltd. LAA+ Cash and other Receivables Grand Total
Weightage (%) 9.49 9.49 62.27 19.51 13.76 11.00 6.94 6.88 4.18 20.96 7.52 6.94 1.41 1.39 0.95 0.84 0.82 0.54 0.27 0.27 0.44 0.44 6.84 100.00
29
Debt : Gilt
FUnD DaTa Type. . . . . . . . . . . . . . . An Open Ended Government . . . . . . . . . . . . . . . . . . . . . . . . . . Securities Scheme Date of allotment . . . . . . . . . . . . .August 22, 2008 Inception Date . . . . . . . . . . . . . . . .August 22, 2008 Corpus . . . . . Rs 64.97 crore (September 30, 2010) Minimum Investment . . . . . . . Retail Plan Rs 10,000 per plan per option . . . . . . . . . . . . . . . . . Institutional Plan : Rs 1 Cr per plan per option Fund Manager: . . . . . . . . . . . . . . . . . Prashant Pimple Load Structure . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Entry Load* . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nil Exit Load (w.e.f. August 24, 2009) . . . . . . . . . . . Nil Weighted Average YTM . . . . . . . . . . . . . . . . 7.84% Modified Duration . . . . . . . . . . . . . . . . 7.03 Years Weighted Avg. Maturity . . . . . . . . . . . 12.50 Years * In terms of SEBI circular no. SEBI/IMD/CIR No.4/ 168230/09 dated June 30, 2009, no entry load will be charged by the Scheme to the investor effective August 1, 2009. Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors' assessment of various factors including the service rendered by the distributor. Benchmark. . . . . . . . . . . . . . . . . . . . . I-Sec Li-BEX PoRTFoLIo oF RELIanCE GILT SECURITIES FUnD Rating Weightage(%) Govt Securities(GSE) 93.80 8.26% GOI (MD 02/08/2027) Sovereign 23.04 7.80% GOI (MD 03/05/2020) Sovereign 23.01 8.13% GOI (MD 21/09/2022) Sovereign 15.55 8.08% GOI (MD 02/08/2022) Sovereign 15.49 8.30% GOI (MD 02/07/2040) Sovereign 7.68 7.17% GOI (MD 14/06/2015) Sovereign 7.54 11.83% GOI (MD 12/11/2014) Sovereign 1.41 10.95% GOI (MD 30/05/2011) Sovereign 0.05 8.33% GOI (07/06/2036) Sovereign 0.03 Cash and other Receivables 6.20 Grand Total 100.00 naV aS on SEPTEMBER 29, 2010 RS Reliance Gilt Securities Fundas on September 30, 2010 Holdings
Reliance Gilt Securities Fund

The primary investment objective of the scheme is to generate optimal credit risk-free returns by investing in a portfolio of securities issued and guaranteed by the Central Government and State Government
Retail Growth Plan 11.9409 Reliance Gilt Securities FundRetail Dividend Plan 10.0356 Reliance Gilt Securities FundRetail Automatic Capital App Plan 11.9409 Reliance Gilt Securities FundRetail Defined Maturity Plan 11.9409 Reliance Gilt Securities FundRetail Automatic Annual Reinvestment Plan10.0087 Reliance Gilt Securities FundInstitutional Growth Plan 11.9564 Reliance Gilt Securities FundInstitutional Dividend Plan 10.0306 Reliance Gilt Securities FundInstitutiOnal Automatic Capital App Plan 11.9564 RaTInG PRoFILE Rating SOV Cash & Other Receivables Grand Total Weightage(%) 93.80 6.20 100.00
PERFoRManCE oF RELIanCE GILT SECURITIES FUnD VS I-SEC LI-BEx InDEx aS on SEPTEMBER 29, 2010 Period Returns of Returns of Scheme (%) Benchmark (%) 6 Months 1.35 3.48 1 Year 2.66 5.92 3 Years N.A. N.A. 5 years N.A. N.A. Since Inception 8.60 13.46 Inception Date - August 22, 2008
Returns are of Retail Plan - Growth Plan. Returns less than one year are absolute returns and returns of one year and more are compounded annualized returns. Calculations assume all payouts during the period have been reinvested in the units of the scheme at the prevailing NAV. Past performance may or may not be sustained in the future. The key features of Reliance Gilt Securities Fund having Short Term Plan and Long Term Plan have been changed w.e.f August 22, 2008. Pursuant to the changes, the scheme will have Retail Plan and Institutional Plan . For more details please refer to the Addendum dated July 21, 2008

Cash & Other Receivables 6.20%
figures in %
DIVIDEnD HISToRy Date(DD/MM/yy) Reliance Gilt Securities Fund - Retail - Dividend May 25, 2010 April 26, 2010 January 25, 2010 April 27, 2009 January 28, 2009 December 26, 2008 November 25, 2008 October 29, 2008 September 25, 2008 Rate (Re/ Unit) 0.0719 0.0195 0.0390 0.2628 0.0613 0.6462 0.0821 0.5473 0.0363 Cum Dividend naV 10.1296 10.0309 10.0445 10.9402 10.5098 11.8046 10.4811 10.9056 10.1237 Ex Dividend naV* 10.0000 10.0280 10.0135 10.6373 10.4398 11.0669 10.4681 10.2808 10.0000
Debt : MIP
FUnD DaTa Type. . . . . . . . . . . . . . . . . . . . . An Open Ended Fund Monthly income is not assured and is subject to the availability of distributable surplus Date of allotment . . . . . . . . . . December 29, 2003 Inception Date . . . . . . . . . . . . . . . January 13, 2004 Corpus . . . Rs 7485.44 crore (September 30, 2010) Minimum Investment . . Growth Plan: Rs 10,000; & in multiples of Re.1 thereafter. . . . . . . . . . . . . . . . . . . . . . Monthly Dividend Plan: Rs 25,000; & in multiples of Re.1 thereafter. . . . . . . . . . . . . . . . . . . . . . Quarterly Dividend Plan: Rs 10,000 & in multiples of Re.1 thereafter. Fund Manager . . . . . . Amit Tripathi , Ashwani Kumar Weighted Average YTM . . . . . . . . . . . . . . . . 6.21%
Reliance Monthly Income Plan

The primary investment objective of the scheme is to generate regular income in order to make regular dividend payments to unitholders and the secondary objective is growth of capital
Modified Duration . . . . . . . . . . . . . . . . . 2.08 Years Weighted Avg. Maturity . . . . . . . . . . . . . 2.68 Years Entry Load* . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nil Exit Load (w.e.f August 24, 2009). . . . . . . . . . . . . . 1% if the units are redeemed/switched out on or before completion of 1 year from the date of allotment of units. There shall be no exit load after completion of 1 year from the date of allotment of units * In terms of SEBI circular no. SEBI/IMD/CIR No.4/ 168230/09 dated June 30, 2009, no entry load will be charged by the Scheme to the investor effective August 1, 2009. Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors' assessment of various factors including the service rendered by the distributor. Benchmark. . . . . . . . . . . . . Crisil MIP Blended Index
30
Debt : MIP
PoRTFoLIo oF RELIanCE MonTHLy InCoME PLan as on September 30, 2010 Holdings Rating Weightage(%) 0.53
Reliance Monthly Income Plan

Hotels Transportation Leisure Facilities 0.50% 0.49% Construction 0.51% 0.49% Consumer Non Index/stock Durables Futures 0.47% 0.53% Financial Institutions Construction 0.40% Project 0.66% Pesticides 0.36% Diversified 0.88% Media & Entertainment Cement 0.21% 1.08% Telecom - Services Software 0.21% 1.09% Fertilisers Cash & Other 0.12% Receivables 1.12% Oil 1.13% Petroleum Products 1.31% Industrial Capital Goods 1.39% Banks 29.58% Pharmaceuticals 1.71% Industrial Products 1.77% Power 3.03% Ferrous Metals 3.87% Auto 4.47%
figures in %
Miscellaneous 5.15%
Finance 17.64%
Government of India 19.84%
RaTInG PRoFILE Rating SOV P1+ AAA PR1+ LAAA AA(IND) A1+ CAREAAA AA CARE A+ (SO) AA+ LAA+ AAA(IND) LAA+(SO) LAACAREAA+ LAA CAREAA+(SO) Index/Stock Futures Equity Shares Interest Rate Swaps Warrants Cash & Other Receivables Grand Total Weightage (%) 19.84 16.38 10.92 7.56 3.77 3.57 3.25 3.23 2.47 2.10 2.01 1.28 0.92 0.88 0.75 0.51 0.37 0.19 0.53 17.88 0.01 0.48 1.12 100.00
PERFoRManCE oF RELIanCE MIP VS CRISIL MIP BLEnDED InDEx aS on SEPTEMBER 29, 2010 Period Returns of Returns of Scheme (%) Benchmark (%) 6 months 6.86 4.24 1 Year 13.23 7.68 3 Years 14.88 7.14 5 Years 12.76 8.01 Since Inception 12.11 7.22
Index/Stock Futures State Bank Of India October 2010 Future 0.46 Mahindra & Mahindra Ltd October 2010 Future 0.23 Maruti Suzuki India Ltd. October 2010 Future -0.16 Certificate of Deposit 26.54 Oriental Bank Of Commerce P1+ 5.60 Bank Of India P1+ 4.53 HDFC Bank Ltd. PR1+ 3.83 Punjab National Bank PR1+ 3.72 Axis Bank Ltd. P1+ 2.40 IDBI Bank Ltd A1+ 2.01 Union Bank Of India P1+ 1.47 Canara Bank P1+ 0.97 State Bank Of Travancore P1+ 0.65 Corporation Bank P1+ 0.64 ICICI Bank Ltd. A1+ 0.59 State Bank Of Bikaner & Jaipur P1+ 0.13 Commercial Paper 0.65 HDFC Ltd A1+ 0.65 Equity Shares 17.88 Oil & Natural Gas Corporation Ltd. 1.13 Siemens Ltd. 0.89 Tata Steel Ltd. 0.78 SKF India Ltd. 0.78 Maruti Suzuki India Ltd. 0.77 Hindustan Petroleum Corporation Ltd. 0.71 Tata Motors Ltd. 0.70 Larsen & Toubro Ltd. 0.66 Cipla Ltd. 0.65 Bharat Petroleum Corporation Ltd. 0.60 Talwalkars Better Value Fitness Ltd 0.51 HDFC Bank Ltd. 0.50 ABB Ltd 0.49 Spicejet Ltd. 0.49 Eicher Motors Ltd. 0.49 Bharat Forge Ltd. 0.48 Madras Cements Ltd. 0.46 Hindustan Media Ventures Ltd. 0.42 Canara Bank 0.40 HCL Technologies Ltd. 0.38 Graphite India Ltd. 0.37 Tata Consultancy Services Ltd. 0.37 State Bank Of India 0.36 United Phosphorus Ltd. 0.36 Torrent Power Ltd. 0.34 Piramal Healthcare Ltd. 0.33 Jaiprakash Associates Ltd. 0.32 Ultratech Cement Ltd. 0.30 Glaxosmithkline Pharmaceuticals Ltd. 0.29 Sobha Developers Ltd. 0.28 Aventis Pharma Ltd. 0.26 ITC Ltd 0.26 Punjab National Bank 0.26 Anant Raj Ind Ltd. 0.21 Triveni Engeering & Industries Ltd. 0.20 Cadila Healthcare Ltd. 0.18 Bank Of Baroda 0.17 Jagran Prakashan Ltd 0.16 Tata Power Co. Ltd. 0.15 Mahindra Forgings Ltd. 0.13 DIVIDEnD HISToRy Date (DD/MM/yy)
Gujarat State Fertilizers & Chemicals Ltd. 0.12 PVR Ltd. 0.06 Mahindra & Mahindra Ltd. 0.05 Swaraj Mazda Ltd. 0.04 Floating Rate note 9.40 IDFC Ltd. LAAA 3.16 Tata Steel Ltd. AA(Ind) 3.09 Power Finance Corporation Ltd. AAA 2.68 Shriram Transport Finance Co Ltd. AA(Ind) 0.48 Govt Securities(GSE) 19.50 8.13% GOI (MD 21/09/2022) Sovereign 4.05 8.26% GOI (MD 02/08/2027) Sovereign 3.77 7.17% GOI (MD 14/06/2015) Sovereign 3.46 7.46% GOI (MD 28/08/2017) Sovereign 3.33 8.08% GOI (MD 02/08/2022) Sovereign 2.62 7.80% GOI (MD 03/05/2020) Sovereign 0.93 8.30% GOI (MD 02/07/2040) Sovereign 0.87 8.28% GOI (MD 15/02/2032) Sovereign 0.46 non Convertible Debentures 18.90 Tata Power Co. Ltd. AA 2.47 LIC Housing Finance Ltd. CareAAA 1.79 Tata Motors Ltd. AAA 1.68 Citifinancial Consumer Fin. India Ltd. AA+ 1.67 LIC Housing Finance Ltd. AAA 1.67 SIDBI AAA 1.34 Reliance Utilities & Power Pvt.Ltd. CareAAA 1.22 IDFC Ltd. AAA(Ind) 0.92 Tata Sons Ltd. AAA 0.91 Tata Motors Ltd. LAA0.75 Sundaram Finance Ltd. LAA+ 0.67 HDFC Ltd AAA 0.66 Power Finance Corporation Ltd. AAA 0.61 Indian Hotels Company Ltd. LAA+ 0.50 Indian Railway Finance Corpn. Ltd. AAA 0.40 Kotak Mahindra Prime Ltd. LAA 0.37 HCL Technologies Ltd. AA+ 0.34 Rural Electrification Corp Ltd AAA 0.27 Tata Communications Ltd. CareAAA 0.21 L&T Finance Ltd CareAA+ 0.15 Tata Capital Ltd. LAA+ 0.11 Power Grid Corporation Ltd. AAA 0.07 ONGC Videsh Ltd. AAA 0.07 Samruddhi Cement Ltd. AAA 0.07 Pass Through Certificates 3.18 Tata Teleservices Ltd. Care A+ (SO) 2.10 Aditya Birla Nuvo Ltd. LAA+(SO) 0.88 Tata Capital Ltd. CareAA+(SO) 0.19 Treasury Bills 0.33 91 Days Tbill Sovereign 0.33 Warrants 0.48 HDFC Ltd 0.48 Zero Coupon Bonds 1.48 IDFC Ltd. LAAA 0.61 HDFC Ltd AAA 0.51 Lands End Properties Pvt. Ltd. CareAA+ 0.36 Cash and other Receivables 1.13 Grand Total 100.00 Interest Rate Swap (Notional %) 2.00 naV aS on SEPTEMBER 29, 2010 Reliance Monthly Income FundMonthly Dividend Plan Reliance Monthly Income FundQuarterly Dividend Plan Reliance Monthly Income FundGrowth Plan RS
11.2080 11.7235 21.5906
"Returns are of Growth Plan. Returns less than one year are absolute returns and returns of one year and more are compounded annualized returns.Calculations assume all payouts during the period have been reinvested in the units of the scheme at the prevailing NAV. Past performance may or may not be sustained in the future."
Reliance Monthly Income Plan - Monthly Dividend September 20, 2010 August 20, 2010 July 20, 2010 Reliance Monthly Income Plan - Quarterly Dividend September 20, 2010 June 21, 2010 March 22, 2010
Rate (Re/ Unit) 0.0615 0.0672 0.0962 0.1933 0.1757 0.1332
Cum Dividend naV 11.2351 11.1139 11.0919 11.8985 11.6465 11.4777
Ex Dividend naV* 11.1675 11.0568 10.9970 11.6811 11.4377 11.3366
31
ETF
FUnD DaTa Type. An Open Ended, Exchange Listed, Index Linked Scheme (tracking CNX Bank Index) Date of allotment . . . . . . . . . . . . . . .June 19, 2008 Inception Date . . . . . . . . . . . . . . . . . .June 24, 2008 Corpus:. . . . . Rs 14.79 crore (September 30, 2010) Minimum Investment On-going purchases directly from the Mutual Fund would be restricted to Authorised Participants and Large Investors provided the value of units to be purchased is in creation unit size. Authorised Participants and Large Investors may buy the units on any business day for the scheme directly from the Mutual Fund at applicable NAV and transaction charges, if applicable, by transferring stocks or cash, value of which is equal to creation unit size. Each creation unit consist of 10,000 units and cash component, if any, of Reliance Banking Exchange Traded Fund. Others can buy the units in multiple of one from the exchange where they are traded. Fund Manager . . . . . . . . . . . . . . . . . . . Krishan Daga Entry Load* . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nil Exit Load . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nil Exchange Listed . . . . . . . . . . . . . . . . . . . . . . . . . NSE NSE Symbol . . . . . . . . . . . . . . . . . . . . . . . .RELBANK * In terms of SEBI circular no. SEBI/IMD/CIR No.4/ 168230/09 dated June 30, 2009, no entry load will be charged by the Scheme to the investor effective August 1, 2009. Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors' assessment of various factors including the service rendered by the distributor. Benchmark. . . . . . . . . . . . . . . . . . . .CNX Bank Index
PoRTFoLIo oF RELIanCE BanKInG ExCHanGE TRaDED FUnD as on September 30, 2010 Holdings Equities ICICI Bank Ltd. HDFC Bank Ltd. State Bank Of India Axis Bank Ltd. Punjab National Bank Kotak Mahindra Bank Ltd. Bank Of Baroda Bank Of India Union Bank Of India IDBI Bank Ltd Canara Bank Oriental Bank Of Commerce Cash and other Receivables Grand Total
Reliance Banking Exchange Traded Fund

The investment objective of Reliance Banking Exchange Traded Fund (RBETF) is to provide returns that, before expenses, closely correspond to the total returns of the securities as represented by the CNX Bank Index. However, the performance of Scheme may differ from that of the underlying index due to tracking error. PERFoRManCE oF RELIanCE BanKInG ExCHanGE TRaDED FUnD vs Cnx BanK InDEx aS on SEPTEMBER 30, 2010 Period 6 Months 1 Year 3 Years 5 Years Since Inception Returns of Scheme (%) 31.33 40.84 N.A. N.A. 44.58 Returns of Benchmark (%) 30.58 40.33 N.A. N.A. 43.04
Weightage (%) 99.25 29.92 20.32 19.40 9.33 4.07 4.04 3.47 2.21 2.04 1.66 1.48 1.30 0.75 100.00 RS
Reliance Banking Exchange Traded Fund 1,266.4009 aSSET aLLoCaTIon Equities Cash and Other Receivables VoLaTILITy MEaSURES Beta Standard Deviation R Squared Sharpe Ratio Portfolio Turnover Ratio
as on September 29, 2010)
(%) 99.25 0.75
Calculations assume that all payouts during the period have been reinvested in the units of the scheme at the then prevailing NAV. Past performance may or may not be sustained in the future.
0.2489 6.2809 0.0039 0.1412 0.19
Note: The above measures have been calculated by taking rolling return since inception with 6.27% Risk Free returns (takan as 91days T-bill yield
Reliance Gold Exchange Traded Fund

The investment objective is to seek to provide returns that closely correspond to returns provided by price of gold through investment in physical Gold (and Gold related securities as permitted by Regulators from time to time). However, performance of the scheme may differ from that of the domestic prices of Gold due to expenses and or other related factors.
FUnD DaTa Type . . . . . An Open Ended Gold ETF that tracks the domestic prices of gold through investments in physical gold Date of allotment . . . . . . . . . . November 21, 2007 Inception Date . . . . . . . . . . . . . November 22, 2007 Corpus . . . . Rs 321.33 crore (September 30, 2010) Minimum Investment. . . . On going purchase directly from mutual fund would be available only to the Authorised Participants provided the value of units to be purchased is in creation unit size. Authorised Participants may buy the units on any business day for the scheme directly from the mutual fund at applicable NAV and transaction charges, if applicable, by depositing Gold or cash, value of which is equal to creation size. Each creation unit consists of 1000 units and cash components, if any, of Reliance Gold Exchange Traded Fund. Others can buy the units in multiple of one from the exchange where they are traded. Exchange listed . . . . . . . . . . . . . . . . . . . . . . . . . NSE NSE Symbol . . . . . . . . . . . . . . . . . . . . . . . RELGOLD Fund Manager . . . . . . . . . . . . . . . . . Hiren Chandaria Entry Load* . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nil Exit Load . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nil * In terms of SEBI circular no. SEBI/IMD/CIR No.4/ 168230/09 dated June 30, 2009, no entry load will be charged by the Scheme to the investor effective August 1, 2009. Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors' assessment of various factors including the service rendered by the distributor. Benchmark. . . . . . As there are no indices catering to the gold sector/securities linked to Gold, . . currently GETF shall be benchmarked against the price of Gold.
PoRTFoLIo oF RELIanCE GoLD ExCHanGE TRaDED FUnD as on September 30, 2010 Holdings GoLD GOLD 995 1KG BAR Cash and other Receivables Grand Total naV aS on SEPTEMBER 30, 2010 Reliance Gold Fund-Dividend Payout aSSET aLLoCaTIon Gold Cash and Other Receivables Weightage (%) 100.00 100.00 0.00 100.00 RS 1,826.6036 (%) 100.00 0.00
PERFoRManCE oF RELIanCE GoLD ExCHanGE TRaDED FUnD-DIVIDEnD PayoUT oPTIon VS GoLD PRICE aS on SEPTEMBER 30, 2010 Period 6 Months 1 Year 3 Years 5 Years Since Inception Returns of Scheme (%) 16.32 21.18 N.A. N.A. 22.27 Returns of Benchmark (%) 16.92 22.42 N.A. N.A. 24.49
Returns of Dividend Payout option. Calculations assume that all payouts during the period have been reinvested in the units of the scheme at the then prevailing NAV. Past performance may or may not be sustained in the future.
32
Equity Fund Management Team

name of the Fund Manager Sunil Singhania Experience in managing the respective funds Reliance Growth Fund - Since Dec 2003 Reliance Equity Fund - From March 06 till Aug 31, 2009 Reliance Long Term Equity Fund - Since Dec 2006 Reliance Diversified Power Sector Fund - Since May 2004 Reliance Banking Fund - Since May 2003 Reliance Vision Fund - Since June 2003 Reliance Tax Saver (ELSS) Fund- Since Sept 2005 Reliance Equity Advantage Fund - Since Aug 2007 Reliance Monthly Income Plan Since Jan 2004 Reliance Equity Opportunities Fund- Since March 2005 Reliance Equity Advantage Fund- Since Aug 2007 Reliance Pharma Fund - Since June 2004 Reliance Media & Entertainment Fund- Since Oct 2004 Reliance Equity Linked Saving Fund - Series 1Since March 2008 Reliance Dual Advantage Fixed Tenure Fund Plan A-Since May 2010 Reliance NRI Equity FundSince November 2004 Reliance Regular Savings FundEquity option Since Oct 2007 Reliance Regular Savings FundBalanced optionSince Oct 2007 Reliance Equity Fund - Since Aug 31, 2009 Reliance Natural Resources FundSince Feb 2008 Reliance Quant Plus Fund Since July 2008 Reliance Banking Exchange Traded Fund - Since June 2008 Assistant Fund Manager for Reliance Banking Fund since Total Experience Over 19 Years of experience, of which 13 years in Capital Markets
Viral Berawala
Samir Rachh
Sep 2010 Assistant Fund Over 11 years Manager for of experience of Reliance Tax which 4 years in Saver (ELSS) Fund equity research & Reliance Equity Opportunities Fund since Sep 2010 Assistant Fund Over 12 years of Manager for experience in Reliance Long equity research Term Equity Fund since Sep 2010
Reliance Any Time Money Card

Reliance any Time Money Card is a special facility available in select Schemes of Reliance Mutual Fund If investor wants to opt for the same he needs to fill in the appropriate fields in the application form RMF will issue a Co-Branded Card, called as Reliance Any Time Money Card(hereinafter referred to as the Card), which will facilitate instant cash withdrawal by unit holders, at all VISA enabled ATMs and Merchant Establishments/ Point of Sale (PoS) terminals across the world. This Co-Branded Card is issued by RMF in collaboration with HDFC Bank Ltd. It shall be issued only to investors subscribing in this fund through Self Cheque. The facility will be in addition to the conventional method of redemption
Debt Fund Management Team

name of the Experience in Fund Manager managing the respective funds Mr. Amitabh Mohanty Total Experience Over 11 and half years experience in Fixed Income Function
i.e., physical redemption request through the Designated Investor Service Centers of the Reliance Mutual Fund. In other words, investors can opt for any of the redemption facility as per their choice and convenience. The Card will offer instant liquidity to the unitholder upto a permissible limit as fixed/ determined by the Bank for ATM/PoS withdrawals or 50% of withdrawal limit as set by RMF, from time to time, whichever is lower. The Card will enable the unitholder to withdraw cash (redeem his units) and to check Current holding Value as well as the Balance of Withdrawal limit. The Card shall be issued only to individual Resident Indian unitholders, who are aged 18years and above. The card shall not be issued to Minors, HUF, NRI, Private / Public Ltd Companies,Partnership Firms, Proprietorship Firms, Trusts and any other category of investors as defined in the Scheme Information Document . The card will be issued only after realization of cheque.
Ashwani Kumar
Over 15 years of experience in equity research & 5 years of experience in managing equity portfolios & fund management
Mr. Amit Tripathi
Sailesh Raj Bhan
Over 12 years experience in Equity Securities research, analysis and fund management
Mr. Prashant Pimple
Omprakash S. Kuckian
Over 18 years of experience of which 3 years of managing investments in equities
Ms. Anju Chhajer
Shiv Chanani
Krishan Daga
Over 7 years of experience in Equity Securities research and analysisDe Over 16 years of experience, of which 13 years in Equity Research
Mr. Hiren Chandaria
Reliance Liquidity Over 7 years Fund- Since experience in June 05 managing Fixed Reliance Floating Income portfolios Rate Fund Since Oct 07 Reliance Liquid Fund Cash Plan Since Oct 2003 Reliance Income Fund From Oct 07 to Sept 08 Reliance Liquid Plus Fund Since March 07 Reliance Monthly Income PlanSince Oct 08 Reliance Medium Term FundSince Oct 08 Reliance Regular Saving Fund Balance Options Since Sep 2010 Reliance NRI Income Over 7 years Fund- Since experience in Oct 2008 managing Reliance Income fixed income Fund- Since securities. Oct 2008 Reliance Gilt Securities FundSince Oct 2008 Reliance Short Term FundSince Oct 2008 Reliance Liquid FundTreasury PlanSince Oct 2008 Reliance Regular Savings Fund Debt Option Since Oct 2009 Reliance Money Over 9 years Manager Fund experience in Since Oct 2009 managing Fixed Reliance Medium Income Term Fund - Since portfolios October 2009 Reliance Liquidity Fund - Since October 2009 Reliance Dual Advantage Fixed Tenure Fund Plan A-Since May 2010 Reliance Gold ETF Over 3 years exp - Since May 2008 in commodity analysis, advisory, dealing and trading
Shrey Loonker
Over 6 years of experience in finance and equity research
33
SnapShot
equity
Features/ Scheme Type Inception Date Reliance Growth Fund An open ended equity growth scheme October 8, 1995 Reliance Vision Fund An open ended equity growth scheme October 8, 1995 Reliance Equity Opportunities Fund An open ended diversified equity scheme March 31, 2005 The primary investment objective of the scheme is to seek to generate capital appreciation & provide longThe primary investment objective of Investment objective the scheme is to achieve long term growth of capital by investing in equity and equity related securities approach. the scheme is to achieve long-term growth of capital by investing in equity and equity related securities approach in a portfolio constituted of equity securities & equity related securities and the secondary objective is to generate consistent returns by investing in debt and money market securities. April 18, 2008 The investment objective of the scheme is to generate capital appreciation through investment in The scheme will seek to generate capital appreciation by investing in an active portfolio of stocks selected from S&P CNX Nifty on the basis of a mathematical model. The primary investment objective of the scheme is to generate long term capital appreciation from a portfolio that is invested predominantly in equities along with income tax benefit. An open ended equity scheme Reliance Quant Plus Fund# Reliance Equity Linked Saving Fund-Series I 10 Year close ended equity linked saving scheme April 1, 2008
The primary investment objective of term growth opportunities by investing equity and equity related instruments.
through a research based investment through a research based investment
Equity & Equity Related Instruments75%-100% & Debt & Money Market Equity & Equity Related Instruments Equity & Equity Related Instruments Asset Allocation 65%-100% & Debt & Money Market Instrument 0% - 35% 60% - 100% & Debt Instruments 0% - 30% & Money Market Instruments 0% - 10% Instruments* 0% - 25% (*including Debt). An overall limit of 50% of the portfolio value (i.e. net assets including cash) has been introduced for the purpose of equity derivatives in the scheme. Equity & Equity Related InstrumentsInstruments - 0%-10% Market Instruments- 0% - 20% upto 25% of the corpus in securitised 90%-100% & Debt & Money Market Equity-80%-100% & Debt & Money
Entry Load
Nil In terms of SEBI circular no. SEBI/IMD/CIR No.4/ 168230/09 dated June 30, 2009, no entry load will be charged by the Scheme to the investor effective August 1, 2009. Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors' assessment of various factors including the service rendered by the distributor
Retail Plan & Institutional Plan 1% of the applicable NAV if redeemed or switched out on or before completion Exit Load 1% if redeemed or switched out on or before completion of 1 year from the date of allotment of units. Nil if redeemed or switched out after the completion of 1 year from the date of allotment of units. of 1 year from the date of allotment of units. There shall be no exit load after completion of 1 year from the date of allotment of units. Nil^
Choice of Plans and Options Fund Manager
Under each of Retail and Institutional Plan following options are included: Growth Plan (Growth Option & Bonus Option) & Dividend Plan (Dividend Payout Growth Plan (Growth Option) & Dividend Option & Dividend Reinvestment Option) Plan (Dividend Payout Option) Sailesh Raj Bhan & Viral Berawala Sunil Singhania Ashwani Kumar (Assistant Fund Manager w.e.f. September 01, 2010) Krishan Daga Sailesh Raj Bhan
Benchmark
BSE 100
BSE 100
BSE 100
S&P CNX Nifty
BSE 100
Minimum Application Amount SIP STP SWP Retail Plan: Rs.5000 & in multiples of Re 1 thereafter Institutional Plan: Rs.5 crore & in multiples of Re 1 thereafter (only under Retail Plan) (only under Retail Plan) (both Retail and Institutional Plan) (only under Retail Plan) (only under Retail Plan) (only under Retail Plan) (only under Retail Plan) (only under Retail Plan) (only under Retail Plan) (both Retail and Institutional Plan)
Rs 500 & in multiples of Rs 500 thereafter (Available during specified redemption period) (Aailable during specified redemption period)
(both Retail and Institutional Plans) (both Retail and Institutional Plan)
#Reliance Index Fund- Sensex and Nifty Plan was launched on Feb 8,2005. Subsequently the trusteees ofRMF(w.e.f. April 18, 2008) changed the features of the scheme and renamed the same as Reliance Quant Plus Fund. Please refer addendum to the offer document dated March 17, 2008.
^ In accordance with the SEBI (MFs) Regulations, NFO expenses not exceeding 6% of the amount mobilised, will be charged to the scheme and will be amortised over a period of 10 years. If the investor opts for the redemption before the completion of 10 years, proportionate unamortised portion of the NFO expenses outstanding as on the date of the redemption shall be recovered from such investor.
34
Reliance Regular Savings Fund-Equity Option An open ended scheme June 9, 2005
Reliance Regular Savings Fund - Balanced Option** An open ended scheme June 9, 2005
Reliance NRI Equity Fund An open ended diversified equity scheme November 16, 2004
Reliance Tax Saver (ELSS) Fund An open ended equity linked savings scheme September 22, 2005
Reliance Natural Resources Fund An open ended equity scheme February 26, 2008 The primary investment objective of the
The primary investment objective of this option is to seek capital appreciation and/or to generate consistent returns by actively investing in Equity & Equity-related Securities.
The primary investment objective of this option is to generate consistent return and appreciation of capital by invseting in a mix of securities comprising of equity, equity related instruments and fixed income instruments.
The primary investment objective of the scheme is to generate optimal returns by investing in equity and equity related instruments primarily drawn from the Companies in the BSE 200 Index.
The primary objective of the scheme is to generate long-term capital appreciation from a portfolio that is invested predominantly in equity and equity related instruments
scheme is to seek to generate capital appreciation and provide long term growth opportunities by investing in companies principally engaged in the discovery, development, production or distribution of natural resources and the secondary objective is to generate consistent returns by investing in debt and money market securities.
Equity and Equity related securities 80%-100% and Debt and Money Market Instruments with an average maturity of 5-10 yrs -0%-20%
Equity and Equity Related Instruments50%-75%,Debt & Money Market instruments-25%-50%
Equity & Equity Related Instruments (primarily drawn from the Companies in the BSE 200 index. The Scheme may also invest in listed companies that are in the top 200 by market capitalization on the BSE and/or in large IPO's where the market capitalization of the Company making the IPO based on the Issue price would make such company to be apart of the top 200 companies listed on the BSE based on market capitalization.) 65% -100% & *Debt & Money Market Instruments 0% -35% (*including upto 35% of the corpus in securitised Debt)
Equity and Equity related securities 80%100% and Debt and Money Market Instrument 0% - 20%
Equity and Equity related Securities of companies principally engaged in the discovery, development, production or distribution of natural resources in: 65%100% ( Domestic Companies 65% -100 %, Foreign Companies as permitted by SEBI/RBI from time to time 0 %-35 %); Debt and Money market securities (including investments in securitised debt*):0%-35% # including investments in ADRs/ GDRs/Foreign Securities/Overseas ETFs and any other instruments as may be permitted by SEBI/RBI upto 35%of the net assets of the scheme, exposure in derivatives upto a maximum of 100% of the portfolio value. * including securitised debt upto 35%
1% if redeemed or switched out on or before completion of 1 year from the date of allotment of units. Nil if redeemed or switched out after the completion of 1 year from the date of allotment of units.
Nil (Lock in Period of 3 years)
Retail Plan & Institutional Plan 1% if redeemed or switched out on or before completion of 1 year from the date of allotment of units. Nil if redeemed or switched out after the completion of 1 year from the date of allotment of units
Growth Plan (Growth Option, Bonus Option) Growth Plan & Dividend Plan (Dividend Growth Plan & Dividend Plan (Dividend Payout & Dividend Plan ( Dividend Payout Option & Payout Option & Dividend Reinvestment Option & Dividend Reinvestment Option) Dividend Reinvestment Option) Option) Omprakash Kuckian Amit Tripathi & Omprakash Kuckian Om Prakash Kuckian
Growth Plan (Growth Option) & Dividend Plan (Dividend Payout Option & Dividend Reinvestment Option) Ashwani Kumar & Viral Berawala (Assistant Fund Manager w.e.f. September 01, 2010)
Retail and Institutional Plan: Growth Plan (Growth Option and Bonus Option) & Dividend Plan (Dividend Payout Option and Dividend Reinvestment Option)
Ashwani Kumar, Shiv Chanani
#Crisil Balanced Fund Index #Benchmark of Reliance Regular Savings BSE-100 Fund Balanced Option has been changed to Crisil Balanced Fund Index from Crisil MIP Index with effect from 21st Feb-07 BSE 200 BSE 100 A custom benchmark created using the BSE-200 to the extent of 65% of portfolio and MSCI World Energy Index for balance 35% of the portfolio.
Rs. 500 & in multiples of Re. 1 thereafter
Rs. 500 & in multiples of Re. 1 thereafter
Rs 5000 and in multiples of Re 1 thereafter
Rs. 500 & in multiples of Rs. 500 thereafter (Subject to 3 yrs Lock-in ) (Subject to 3 yrs Lock-in ) (Subject to 3 yrs Lock-in )
Retail Plan: Rs 5000 per plan per option & in multiples of Re 1 thereafter Institutional Plan: Rs.5 crores & in multiples of Re 1 thereafter (Only under Retail Plan) (Only under Retail Plan) (under both Retail and Institutional Plan)
**Reliance Regular Savings Fund- Hybrid Option was launched on June 9,2005 and subsequently Hybrid Option has been changed to Balanced Option w.e.f. January 13, 2007.
*In accordance with the requirements specified by the SEBI circular no. SEBI/IMD/CIR No.4/168230/09 dated June 30, 2009 no entry load shall be charged by the Reliance Mutual Fund (RMF) with effect from August 01, 2009. Similarly, with effect from August 01, 2009, Exit load/ CDSC (if any) up to 1% of the redemption value shall be retained by the scheme in a separate account and will be utilized for payment of commissions
to the ARN Holder and to meet other marketing and selling expenses. Any amount in excess of 1% shall be credited to the respective scheme immediately.
35
SnapShot
equity
Features/ Scheme Reliance Equity Fund Reliance Equity Advanatge Fund Reliance Infrastructure Fund Reliance Long-Term Equity Fund
Type
An open ended diversified equity scheme
An open ended diversified equity scheme August 9, 2007
An open ended diversified equity scheme July 20, 2009
An open ended diversified equity scheme December 27, 2006
Inception Date
March 30, 2006 The primary investment objective of the scheme is to seek to generate capital appreciation & provide long-term growth opportunities by investing in a portfolio constituted of equity & equity related securities of top 100 companies by market capitalization & of companies which are available in the derivatives segment from time to time and the secondary objective is to generate consistent returns by investing in debt and money market securities.
Investment objective
The primary investment objective of the fund is The primary investment objective of the scheme to seek to generate capital appreciation and is to generate long term capital appreciation by The primary investment objective of the provide long term growth opportunities by investing predominantly in equity ang equity scheme is to seek to generate long term investing in a portfolio predominanatly of equity related instruments of companies engaged in capital appreciation & provide long-term and equity related instruments with investments infrastructure and infrastructure related sectors growth opportunities by investing in a generally in S&P CNX Nifty stocks and the and which are incorporated or have their area of portfolio constituted of equity & equity related secondary objective is to generate consistent primary activity, in India and the secondary securities and Derivatives and the secondary returns by investing in debt and money market objective is to generate consistent returns by objective is to generate consistent returns by securities. investing in debt & money market securities investing in debt and money market securities.
Asset Allocation
Equity and Equity related securities 75% -100% and Debt and Money Market Instrument 0% - 25%. (An overall limit of 100% of the portfolio value (i.e. net assets including cash) has been introduced for the purpose of equity derivatives in the schemes)
Equity and equity related securities 70% -100%, Debt and money market securities (including investments in securitised debt*) 0% -30%.* Including upto 25% of the corpus in securitised debt.(An overall limit of 100% of the portfolio value has been introduced for the purpose of equity derivatives in the scheme, however the same is the notional value and it will be seen that, the notional value of the net exposure to the derivatives will not exceed the fund corpus at any point of time. Notional value shall mean value of Future or notional value of Option)
Equities and equity related securities including derivatives engaged in infrastructure sectors and Equity and equity related securities infrastructure related sectors #: 65%-100%. Instruments 70% -100%, Debt and money Debt and Money market securities** (including market securities (including investments in investments in securitised debt): 0% - 35%. ** securitised debt) instruments 0%-30%. ( An including securitised debt upto 30%. #Atleast overall limit of 100% of the portfolio value 65% of investment would be made in equity / has been introduced for the purpose of equity equity related securities of companies engaged derivatives in the scheme) in infrastructure sectors and infrastructure related sectors.
Entry Load
Since it is a close ended scheme, for subscription at the time of nFo n.a. on Retail Plan: For Subscription below Rs 2 croresongoing basis on maturity of the scheme 2.25%, For subscription circular no. SEBI/IMD/CIR No.4/ 168230/09 dated June 30, 2009, no entry load will be charged by the Scheme to the investor effective August 1, 2009. Upfront an Nil In terms of SEBI of Rs 2 crore & above Retail Plan: 2.25% Retail Plan: 2.25% when it is converted automatically into but below Rs 5 Crores- 1.25%, For subscriptions Institutional Distributors based on the investors' Institutional Plan: Nil factors including the service scheme:For Subscription below open ended rendered by the distributor commission shall be paid directly by the investor to the AMFI registeredPlan: Nil assessment of various of Rs 5 Crores & Above -Nil. Institutional Plan: Rs 2 Crore- 2.25%,For Subscription of Rs 2 Nil Crore & above but below Rs 5 Crore -1.25%, For Subscription of Rs 5 Crore & above - Nil 1% if redeemed/switched out on or before completion of 1 year from the date of allotment of units Nil if redeemed/switched after completion of 1year from the date of allotment of units
Exit Load Retail Plan & Institutional Plan 1% if redeemed or switched out on or before completion of 1 year from the date of allotment of units. Nil if redeemed or switched out after the completion of 1 year from the date of allotment of units
Choice of Plans and Options
Under Retail and Institutional Plan there are two options: Growth Plan (Growth Option & Bonus Option) & Dividend Plan (Dividend Payout Option & Dividend Reinvestment Option)
Omprakash Kuckian Ashwani Kumar & Sailesh Raj Bhan
The schemes Offers two plans, Retail Plan and Institutional Plan. Each Plan has the following : Growth Plan (Growth Option) & Dividend Plan Growth Plan (Growth Option & Bonus Option) & (Dividend Payout Option & Dividend Dividend Plan (Dividend Payout Option & Reinvestment Option) Dividend Reinvestment Option) Sunil Singhania Sunil Singhania & Samir Rachh (Assistant Fund Manager w.e.f. September 01, 2010) BSE 200
Fund Manager
Benchmark
S&P CNX Nifty
S&P CNX Nifty
BSE 100
Minimum Application Amount
"Retail Plan: Rs 5000 and in multiples of Re. 1 thereafter under each option, Institutional Plan: Rs. 5 crores in multiples of Re. 1 thereafter under each option
Retail Plan: Rs 5000 and in multiples of Re. 1 thereafter. Rs. 5000 and in multiples of Re 1 thereafter Institutional Plan: Rs. 5 crores and in multiples under each plan of Re. 1 thereafter.
SIP
(only under Retail Plan)
STP
SWP
(under both Retail and Institutional Plans)
(under both Retail and Institutional Plans)
36
Reliance Banking Fund
An open ended banking sector scheme
An open ended power sector scheme
An open ended media & entertainment sector scheme October 7, 2004
An open ended pharma sector scheme June 8, 2004
May 28, 2003
May 10, 2004
The primary investment objective of the scheme is to The primary investment objective of the scheme is to The primary investment objective of the scheme is to The primary investment objective of the scheme is to seek to generate continuous returns by actively seek to generate continuous returns by actively generate consistent returns by investing in equity seek to generate continuous returns by investing in investing in equity and equity related or fixed income investing in equity and equity related or fixed income and equity related or fixed income securities of equity and equity related or fixed income securities of securities of companies in the Banking Sector securities of Power and other associated companies Media & Entertainment and other associated Pharma and other associated companies companies
Equity & Equity Related Instruments-0%-100% & Debt & Money Market Instruments: 0%-100%
Equity & Equity Related Instruments- 0% (Minimum) - 80% (Most Likely) -100% (Maximum) & Debt & Money Market Instruments with Average Maturity of 5-10 years- 0% (Minimum) - 80% (Most Likely) - 100% (Maximum)
Retail Plan & Institutional Plan 1% if redeemed or switched out on or before completion of 1 year from the date of allotment of units. Nil if redeemed or switched out after the completion of 1 year from the date of allotment of units
1% if redeemed or switched out on or before completion of 1 year from the date of allotment of units. Nil if redeemed or switched out after completion of 1 year from the date of allotment of units
Under Retail and Institutional Plan there are two options: Growth Plan (Growth Option & Bonus Option) & Dividend Plan (Dividend Payout Option & Dividend Reinvestment Option) Sunil Singhania & Shrey Loonker (Assistant Fund Manager w.e.f. September 01, 2010) S&P CNX Banks Index Sunil Singhania
Growth Plan (Growth Option & Bonus Option) & Dividend Plan (Dividend Payout Option & Dividend Reinvestment Option) Sailesh Raj Bhan Sailesh Raj Bhan
India Power Index
S&P CNX Media & Entertainment Index
BSE Healthcare Index
Retail Plan: Rs 5000 and in multiples of Re. 1 thereafter, Institutional Plan: Rs. 5 crore in multiples of Re. 1 thereafter
Rs 5000 per plan per option and in multiples of Re 1 thereafter
Rs 5000 and in multiples of Re 1 thereafter
(Both Retail & Institutional Plan)
(Both Retail & Institutional Plan)
37
SnapShot
debt
Features/ Scheme Type Reliance Medium-Term Fund An open ended income scheme with no assured returns Reliance Money Manager Fund Reliance Regular Savings Fund -Debt Option An open ended scheme Reliance Monthly Income Plan An open ended fund. Monthly Income is not assured & is subject to the availability of distributable surplus
An open ended income scheme
Inception Date
September 25, 2000
March 21, 2007
June 9, 2005
January 13, 2004
Investment objective
The primary investment objective of the scheme is to generate regular income in order to make regular dividend payments to unitholders and the secondary objective is growth of capital.
The investment objective of the Scheme is to generate optimal returns consistent with moderate levels of risk and liquidity by investing in debt securities and money market securities
The primary investment objective of this option is to generate optimal returns consistent with a moderate level of risk. This income may be complemented by capital appreciation of the portfolio. Accordingly, investments will predominantly be made in Debt & Money Market Instruments.
The primary investment objective of the scheme is to generate regular income in order to make regular dividend payments to unitholders and the secondary objective is growth of capital
Asset Allocation
Money Market Instruments/Short Term debt Debt* Instruments including Government Instruments/Floating Rate Notes with maturity/ Securities, Corporate Debt, Other debt interest rate reset period not exceeding 3 instruments and Money Market Instruments with months: 0% - 80%, Money Market average maturity less than equal to 12 monthsInstruments (CPs, T-Bills, CDs) and/or other 0% - 100%,Debt* Instruments including Short Term debt instruments (Floating Rate Government Securities, Corporate Debt and other Notes, Short Tenor NCDs, Securitized debt) and debt Instruments with average maturity greater any other instrument with maturity/interest rate than 12 months- 0% - 50% (*Securitised debt reset period of more than 3 months: 20% upto 60% of the corpus) 100%. w.e.f. September 19, 2009 Nil Under Retail and Institutional Plan: Nil
Debt Instruments( including securitised debt) with maturity of more than 1 year 65% -100% & Money Market Instruments (including cash/ Call Money & Reverse Repo) and Debentures with maturity of less than 1 year( Securitised debt will be a part of the debt securities, upto 25% of the corpus) - 0% -35% Under both Retail and Institutional Plan : Nil
Equity and Equity related Securities-0%-20%, Fixed Income Securities 80% - 100% (Securitised debt upto 25% of the corpus)
Nil
Entry Load
Exit Load
Nil
Under Retail and Institutional Plan: Nil
Under both Retail and Institutional Plan : 2%, if redeemed/switched out on or before completion of 1 year. Nil, if redeemed/switched out after completion of 1 year.
1% if the units are redeemed/switched out on or before completion of 1year from the date of allotment of units. There shall be no exit load after completion of 1year from the date of allotment of units.
Choice of Plans and Options
Growth Plan (Growth Option) & Dividend Plan (Dividend Payout Option & Dividend Reinvestment Option)
For Retail and Institutional Plan: Growth Option, Bonus Option, Dividend Option (Dividend Reinvestment Option- (Daily Dividend Under Retail Plan and Institutional Plan: Reinvestment , Weekly Dividend Reinvestment , Growth Plan & Dividend Plan (Dividend Monthly Dividend Reinvestment, Quarterly Payout Option & Dividend Reinvestment Dividend Reinvestment), Dividend Payout OptionOption) (Monthly Dividend Payout, Quarterly Dividend Payout) Daily(reinvestment option),Weekly(reinvestment option), under Monthly & Quarterly (both reinvestment option & payout option) Every Friday 19th 19th Amit Tripathi & Anju Chhajer Crisil Liquid Fund Index NA 21st of the last month of each calendar quarter Prashant Pimple Crisil Composite Bond Fund Index
Growth Plan & Dividend Option (Dividend Payout Option & Dividend Reinvestment Option)
Dividend Frequencies Dividend Periodicity$ Weekly Monthly Quarterly Half yearly Annual Fund Manager Benchmark
For both Dividend Payout & Reinvestment option - Weekly, Monthly & Quarterly. For Dividend Reinvestment Option only - Daily Tuesday 20th 20th of last month of each calendar quarter Amit Tripathi & Anju Chhajer Crisil Short Term Bond Fund Index
Monthly & Quarterly for both the options 20th 20th of last month of each calendar quarter Amit Tripathi & Ashwani Kumar Crisil MIP Blended Index
Minimum Application Amount
Rs. 5,000
For Retail Plan (All Options) - 1 lakh and in Retail Plan: Rs. 500 per option & in multiples of Re 1 thereafter, For Institutional Plan multiples of Re. 1 thereafter. Institutional (All Options) - Rs 1 Crore and in multiples of Re Plan: Rs. 25 lacs per option and in 1 thereafter multiples of Re. 1 thereafter.
For Growth Option; Rs. 10,000 and in multiples of Re 1 thereafter; Monthly Dividend Option: Rs 25,000 and in multiples of Re 1 thereafter; Quarterly Dividend Option: Rs 10,000 and in multiples of Re 1 thereafter
SIP STP SWP
$ If the dividend declaration date for any of the specified frequencies is a non business day then the immediate next business day becomes the record date.
38
Reliance Income Fund An open ended income scheme
# Reliance Gilt Securities Fund
Reliance Dynamic Bond Fund
An open ended government securities scheme
January 1, 1998
December 23, 2002
August 22, 2008
November 16, 2004
The primary investment objective of the scheme is to The primary investment objective of the scheme is to The primary investment objective of the scheme is to The primary investment objective of the scheme is to generate optimal returns consistent with moderate generate optimal credit risk-free returns by investing generate optimal returns consistent with moderate generate stable returns for investors with a short level of risk. This income may be complemented by term investment horizon by investing in fixed income in a portfolio of securities issued and guaranteed by levels of risk. This income may be complemented by capital appreciation of the portfolio.Accordingly, the Central Government and State Government capital appreciation of the portfolio. Accordingly, securitites of a short term maturity investments shall predominantly be made in Debt & investments shall predominantly be made in Debt & Money Market Instruments money market Instruments
Debt Instruments 50% - 100%, Money Market Instruments 0% - 50%
Debt & Money market instruments with average Gilts 70% - 100%, Money Market Instruments 0% maturity upto 1 year:- 60% - 100%; Debt - 30% instruments with average maturity greater than a year and normally upto 7 years depending upon availability:- 0% - 40%
Debt instruments -0% - 100%. *Investment in securitised debts upto 40% may be undertaken.
Nil
Nil
For Retail Plan and Institutional Plan: Nil
Nil
1% of the applicable NAV if the units are redeemed/ switched out on or before completion of 30 days from the date of allotment of units. There shall be no exit load after completion of 30 days from the date of allotment of units.
Nil
Retail Plan & Institutional Plan: Nil
1.00%, if the units are redeemed within 6 months from the date of allotment of units. Nil, if units are redeemed after six months from the date of allotment of units
Under Retail Plan: Growth Plan (Growth Option, Bonus Option) & Dividend Plan (Dividend Payout Option & Dividend Reinvestment Option)
Growth Option , Dividend Plan (Dividend Payout Option & Dividend Reinvestment Option) & Provident Fund (PF) Option (ACAPO,DMDO,AARO).##
Monthly, Quarterly, Half Yearly, Annual for both options 19th 19th of last month of each calendar quarter 19th of last month of each financial year 19th March Prashant Pimple Crisil Composite Bond Fund Index For Growth Option: Rs. 5,000; Monthly Dividend Plan: Rs 25,000 and in multiples of Re 1 thereafter; Quarterly Dividend Plan: Rs 10,000 and in multiples of Re1 thereafter; Half Yearly Dividend Plan: Rs 5,000 and in multiples of Re 1 thereafter; Annual Dividend Plan: Rs 5,000 and in multiples of Re 1 thereafter.
Monthly & Quarterly for both options 25th 19th of last month of each calendar quarter Prashant Pimple Crisil Liquid Fund Index
Monthly 25th Prashant Pimple I Sec - Li Bex
Prashant Pimple Crisil Composite Bond Fund Index
Rs. 5,000 and in multiples of Re 1 thereafter
Retail: Rs. 10,000 Institutional Plan: Rs. 1 crore
Rs. 5,000 and in multiples of Re 1 thereafter
(Retail Plan) (Retail Plan) (Retail Plan & Institutional Plan)
#The key features of Reliance Gilt Securities Fund having Short Term Plan and Long Term Plan have been changed w.e.f August 22, 2008. Pursuant to the changes, the scheme will have Retail Plan and Institutional Plan . For more details please refer to the Addendum dated July 21, 2008. ## ACAPO - Automatic Capital Appreciation Payout Option, DMDO - Defined Maturity Date Option, AARO - Automatic Annual Reinvestment Option.
$ If the dividend declaration date for any of the specified frequencies is a non business day then the immediate next business day becomes the record date.
39
SnapShot
debt
Features/ Scheme Type An open ended liquid scheme An open ended liquid scheme An open ended liquid scheme An open ended income Scheme Reliance Liquid Fund-Cash Plan@ Reliance Liquid Fund-Treasury Plan Reliance Liquidity Fund Reliance Floating Rate Fund - Short Term Plan
Inception Date
December 7, 2001
March 23, 1998
June 16, 2005
September 2, 2004 The primary investment objective of the scheme is to generate regular income through investment in a
The investment objective of the scheme is to generate optimal returns consistent with Investment objective moderate levels of risk and high liquidity. Accordingly, investments shall predominantly be made in Debt and Money Market Instruments
The investment objective of the Scheme is to generate optimal returns consistent with moderate levels of risk and high liquidity. made in Debt and Money Market Instruments.
portfolio comprising substantially of Floating Rate Debt Securities (including floating rate securitised debt, Money Market Instruments and Fixed Rate The scheme shall also invest in Fixed Rate Debt Securities (including fixed rate securitised debt, Money Market Instruments and Floating Rate Debt Instruments swapped for fixed returns). Fixed Rate Debt Securities (including securitized
Accordingly, investments shall predominantly be Debt Instruments swapped for floating rate returns)
Reverse Repo & CBLO 0% - 100%
Mibor Repo and Reverse Repo 0% - 35%,Money - 50%,Money Market Instruments (Mibor linked instruments, CPs, T-Bills, CDs and/or other Short Term papers) 0% - 95% CPs, T-Bills, CDs) and/or other Short Term instruments (Floating Rate Notes, Short Tenor NCDs, PTCs) and/or Less than 1 year maturity Gsecs- 65% -100%
debt, Money Market Instruments & Floating Rate Debt Instruments swapped for fixed rate returns):- 0% - 75%. Money market instruments and Floating Rate Debt Securities (including floating rate securitised debt & Fixed rate debt instruments & Floating Rate Debt Instruments swapped for Fixed Rate returns) with tenure exceeding 3 months upto a maturity of 3 years:25% - 100%
Linked instruments with daily Put/ Call Options Asset Allocation Instruments*0% - 100% *Investments in Overnight Interest Rate Reset Linked Debt Instruments (with maturity or put/call greater than one day) shall not exceed 50% of the corpus of the scheme.
and Overnight Interest Rate Reset Linked Debt Call Money/Cash/Repo and Reverse Repo 0% Market Instruments (Mibor linked instruments,
Entry Load
Nil Nil Nil Nil Nil In terms of SEBI circular no. SEBI/IMD/CIR No.4/ 168230/09 dated June 30, 2009, no entry load will be charged by the Scheme to the investor effective August 1, 2009. Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors' assessment of various factors including the service rendered by the distributor 0.25%, if the units are redeemed within 1
Exit Load
Nil
Nil
Nil
months from the date of allotment (w.e.f. June 3, 2010). Nil thereafter
Under Retail Plan & Institutional Plan: Growth Choice of Plans and Options Growth Option (Growth Option) & Dividend Option (Dividend Reinvestment Option) Option & Dividend Option (Dividend Payout Option & Dividend Reinvestment Option)
Growth Option, Bonus Option & Dividend Option (Dividend Payout Option & Dividend Reinvestment Option)
Daily (Dividend Reinvestment),Weekly Dividend Frequencies Weekly & Daily under only Dividend Reinvestment option Dividend Periodicity$ Weekly Monthly Quarterly Half yearly Annual Fund Manager Benchmark Amit Tripathi Crisil Liquid Fund Index (Dividend Reinvestment), Under Monthly & & dividend payout) Every Friday Every Friday 25th 19th Prashant Pimple Crisil Liquid Fund Index
Daily(Dividend Reinvestment),Weekly(Dividend Reinvestment), Under Monthly & Quarterly payout) Every Friday 25th 19th Amit Tripathi & Anju Chhajer Crisil Liquid Fund Index Under Payout Option (Weekly, Monthly, Quarterly), Under Reinvestment Option (Daily, weekly, Monthly, Quarterly) Every Tuesday 19th 19th Amit Tripathi Crisil Liquid Fund Index
Quarterly options (both dividend reinvestment options (both dividend reinvestment & dividend
Retail Plan: Rs. 5,000 and in multiples of Re 1 Minimum Application Amount Rs. 25,000 and in multiples of Re 1 thereafter thereafter Institutional Plan: Rs. 1,00,00,000 and in multiples of Re 1 thereafter Rs 5 Crore and in multiples of Re 1 thereafter Rs. 5,000 and in multiples of Re 1 thereafter
SIP STP SWP
(Retail Plan) (Retail Plan)
$ If the dividend declaration date for any of the specified frequencies is a non business day then the immediate next business day becomes the record date. @ The fundamental attributes of Reliance Liquid Fund Cash Plan will be changed w.e.f. Nov 9, 2010. Please refer addendum No 45 dated Sep 30, 2010 available on Downloads section of our website www.reliancemutual.com
40
SnapShot
ETF
Reliance Gold Exchange Traded Fund An open ended gold exchange traded fund Reliance Banking Exchange Traded Fund An open ended, exchange listed, index linked scheme (tracking CNX Bank Index).
November 22, 2007
June 24, 2008
The investement objective is to seek to provide returns that closely correspond to returns provided by price of Gold through investment in physical Gold (and Gold related securities as permitted by Regulators from time to time). However, the performance of the scheme may differ from that of the domestic prices of Gold due to expenses and or other related factors. However, there can be no assurance that the investment objective of the scheme will be achieved.
The investment objective of Reliance Banking Exchange Traded Fund (RBETF) is to provide returns that, before expenses, closely correspond to the total returns of the securities as represented by the CNX Bank Index. However, the performance of Scheme may differ from that of the underlying index due to tracking error. There can be no assurance or guarantee that the investment objective of the scheme will be achieved.
Physical Gold or Gold related Instruments as permitted by regulators from time to time^-90-100%, Money Market Instrument, Bonds, Debentures, Government Securities including T-Bills, Securitised Debt** & other debt securities as permitted by regulators from time to time-0-10%(** upto 10% in securitised debt)
Securities covered by the CNX Bank Index- 90-100%; Money Market instruments including CBLO- 0-10%
Nil Nil Nil In terms of SEBI circular no. SEBI/IMD/CIR No.4/ 168230/09 dated June 30, 2009, no entry load will be charged by the Scheme to the investor effective August 1, 2009. Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors' assessment of various factors including the service rendered by the distributor
Nil
Nil
Dividend Pay out option
NA
NA NA NA NA NA NA Hiren Chandaria As there are no indices catering to gold sectors/securities linked to Gold, currently GETF shall be benchmarked against the price of Gold On going purchase directly from mutual fund would be available only to the Authorised Participants provided the value of units to be purchased is in creation unit size. Authorised Participants may buy the units on any business day for the scheme directly from the mutual fund at applicable NAV and transaction charges, if applicable, by depositing Gold or cash, value of which is equal to creation size. Each creation unit consists of 1000 units and cash components, if any, of Reliance Gold Exchange Traded Fund. The minimum number of units that can be bought or sold through the stock exchange is 1 (one) unit. Krishan Daga CNX Bank Index On going purchases directly from the Mutual Fund would be restricted to Authorised Participants and Large Investors provided the value of units to be purchased is in creation unit size. Authorised Participants and Large Investors may buy the units on any business day for the scheme directly from the Mutual Fund at applicable NAV and transaction charges, if applicable, by transfering stocks or cash, value of which is equal to creation unit size. Each creation unit consist of 10,000 units and cash component, if any, of Reliance Banking Exchange Traded Fund. On ongoing basis for all category of investors, they can purchase the units from the exchange with minimum size being 1 unit
^ Presently, investment only in physical gold is allowed as per SEBI guidelines. Investment in gold related instruments maybe undertaken as and when permitted by SEBI.
41
42
Disclaimers: The Fund Edge and Fund Snap Shot Fundamentals is meant for general reading purpose only and is not meant to serve as a professional guide for the readers. This document has been prepared on the basis of publicly available information, internally developed data and other sources believed to be reliable. The Sponsor, The Investment Manager, The Trustee or any of their respective directors, employees, affiliates or representatives do not assume any responsibility for, or warrant the accuracy, completeness, adequacy and reliability of such information. Whilst no action has been solicited based upon the information provided herein, due care has been taken to ensure that the facts are accurate and opinions given fair and reasonable. This information is not intended to be an offer or solicitation for the purchase or sale of any financial product or instrument. Recipients of this information should rely on information/data arising out of their own investigations. Readers are advised to seek independent professional advice and arrive at an informed investment decision before making any investments. None of The Sponsor, The Investment Manager, The Trustee, their respective directors, employees, affiliates or representatives shall be liable for any direct, indirect, special, incidental, consequential, punitive or exemplary damages, including lost profits arising in any way from the information contained in this material. The Sponsor, The Investment Manager, The Trustee, any of their respective directors, employees including the fund managers, affiliates, representatives including persons involved in the preparation or issuance of this material may from time to time, have long or short positions in, and buy or sell the securities thereof, of company(ies) / specific economic sectors mentioned herein. Statutory Details: Reliance Mutual Fund has been constituted as a trust in accordance with the provisions of the Indian Trusts Act, 1882. Sponsor Reliance Capital Ltd. Trustee Reliance Capital Trustee Company Limited. Investment Manager Reliance Capital Asset Management Limited (Registered Office of Trustee & Investment Manager: Reliance House Nr. Mardia Plaza, Off. C.G. Road, Ahmedabad 380 006). The Sponsor, the Trustee and the Investment Manager are incorporated under the Companies Act 1956. 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. 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 Produced by Verity analytics Pvt. Ltd. the Scheme can go up or down depending on the factors and forces affecting the capital markets. Reliance Equity advantage Fund, Reliance nRI Equity Fund, Reliance Vision Fund, Reliance Quant Plus Fund, Reliance Equity Fund, Reliance Growth Fund, Reliance Long Term Equity Fund, Reliance Equity opportunities Fund, Reliance Regular Savings Fund - Equity, option, Reliance Regular Savings Fund - Balanced option, Reliance Infrastructure Fund, Reliance natural Resources Fund, Reliance Banking Fund, Reliance Diversified Power Sector Fund, Reliance Media & Entertainment Fund, Reliance Pharma Fund, Reliance Tax Saver (ELSS) Fund, Reliance Money Manager Fund, Reliance Medium Term Fund, Reliance Liquidity Fund, Reliance Liquid Fund, Reliance Floating Rate Fund - Short Term Plan, Reliance Short Term Fund, Reliance Regular Savings Fund - Debt option, Reliance Income Fund, Reliance Dynamic Bond Fund, Reliance Gilt Securities Fund, Reliance Monthly Income Plan, Reliance Gold Exchange Traded Fund and Reliance Banking Exchange Traded Fund are only the names of the Schemes and does not in any manner indicates either the quality of the Scheme; its future prospects or returns. Past performance of the Sponsor/AMC/Mutual Fund is not indicative of the future performance of the Scheme. The NAV of the Scheme may be affected, interalia, by changes in the market conditions, interest rates, trading volumes, settlement periods and transfer procedures. For details of scheme features and for Scheme specific risk factors please refer to the Scheme Information Document which is available at all the DISC / Distributors / www.reliancemutual.com. Please read the Scheme Information Document and Statement of additional Information carefully before investing.
43
Marcom/Factsheet/January 09/Ver 2.1/17/01/09
An earning member of my family

Reliance Systematic Investment Plan (SIP)
Toll free: 1800-300-11111 SMS 'SIP' to 561617
www.reliancemutual.com
Charges upto Rs. 3/ SMS.
SIP is a Special Product available only in selected Schemes of Reliance Mutual Fund. Entry load will be Nil and Exit load as applicable in the respective Scheme at the time of registration will be applicable. The unit holder is free to discontinue from the SIP facility at any point of time by giving necessary instructions. Statutory Details: Reliance Mutual Fund has been constituted as a trust in accordance with the provisions of the Indian Trusts Act, 1882. Sponsor: Reliance Capital Limited. Trustee: Reliance Capital Trustee Company Limited. Investment Manager: Reliance Capital Asset Management Limited (Registered Office of Trustee & Investment Manager: "Reliance House" Nr. Mardia Plaza, Off. C.G. Road, Ahmedabad 380 006). The Sponsor, the Trustee and the Investment Manager are incorporated under the Companies Act 1956. 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. 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. The names of the Schemes do not in any manner indicate either the quality of the Scheme; its future prospects or returns. Past performance of the Sponsor/AMC/Mutual Fund is not indicative of the future performance of the Scheme. 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 apart from those mentioned above and for Scheme specific risk factors, please refer to the Scheme Information Document which is available at all the DISC, Distributors and www.reliancemutual.com. Please read the Scheme Information Document and Statement of Additional Information carefully before investing.

Reliance October 2010

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Reliance October 2010

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FUNDAMENTALS

Every successful journey starts with a bond of trust.

15 years of wealth creation

Diversified Mid Cap

Reliance Growth Fund.................................................................................................................................8 Reliance Long Term Equity Fund................................................................................................................9

Diversified Multi Cap Balanced

Diversified Theme Based Sector

Ultra Short Term

Reliance Gilt Securities Fund....................................................................................................................30 Reliance Monthly Income Plan................................................................................................................31

Exchange Traded Funds

Fundamentals September 2010

Equity : Diversified Large Cap

Reliance Vision Fund

0.8514 4.1947 0.9243 0.0363 1.33

RS 298.7151 50.1663 48.7266 298.6885 273.9135

SECToR aLLoCaTIon aS on SEPTEMBER 30, 2010

SPECIaL FEaTURE Reliance Any Time Money Card

Industry Classification as per AMFI.

Fundamentals October 2010

Equity : Diversified Large Cap

Reliance Equity Advantage Fund

13.9345 Fund13.9345 Fund13.9345 Fund14.1716 Fund14.1716

SECToR aLLoCaTIon aS on SEPTEMBER 30, 2010

SPECIaL FEaTURE Reliance Any Time Money Card

Fundamentals October 2010

Equity : Diversified Large Cap

RS 14.3249 14.3249 14.3249

Reliance Quant Plus Fund

SECToR aLLoCaTIon aS on SEPTEMBER 30, 2010

Fundamentals October 2010

Equity : Diversified Large Cap

Reliance NRI Equity Fund

RS 42.5986 42.5986 25.3440

*ExDividend naV 18.6693 21.3911 20.7827 18.5803 19.7095

SECToR aLLoCaTIon aS on SEPTEMBER 30, 2010

Fundamentals October 2010

Equity : Diversified Large Cap

Reliance Equity Fund

RS 15.6341 15.6341 15.6341

PoRTFoLIo CoMPoSITIon aS on SEPTEMBER 30, 2010

SECToR aLLoCaTIon aS on SEPTEMBER 30, 2010

SPECIaL FEaTURE Reliance Any Time Money Card

Fundamentals October 2010

Equity : Diversified Mid Cap

Reliance Growth Fund

1.05 19.00 5.37 100.00

0.8516 4.3117 0.8754 0.0584 0.47

RS 509.5282 84.5187 62.4591 513.2638 496.5890

PoRTFoLIo CoMPoSITIon aS on SEPTEMBER 30, 2010

SECToR aLLoCaTIon aS on SEPTEMBER 30, 2010

SPECIaL FEaTURE Reliance Any Time Money Card

Industry Classification as per AMFI.

Fundamentals October 2010

Equity : Diversified Mid Cap

Reliance Long Term Equity Fund

SECToR aLLoCaTIon aS on SEPTEMBER 30, 2010

Industry Classification as per AMFI.

Fundamentals October 2010

Equity : Diversified Multi Cap

Reliance Regular Savings Fund Equity Option

0.9037 4.6282 0.8556 0.0803 0.77

*ExDividend naV 17.7355

SECToR aLLoCaTIon aS on SEPTEMBER 30, 2010