Average of the yearly returns of a mutual fund over a given period.
Absolute returns
The total return of a mutual fund over a given period.
Returns and rankings
Annualised returns
Absolute returns
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Fund returns
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Category average (Equity Infrastructure)
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Rank (Equity Infrastructure)
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Understand terms
Expense ratio
A fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company's fund assets used for administrative, management, advertising, and other expenses.
Tax
A percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit load
A fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp duty
A form of tax payable for the purchase or sale of an asset or security.
Exit load, stamp duty and tax
Exit load
Exit load of 1% if redeemed within 1 year
Stamp duty on investment: 0.005% (from July 1st, 2020)
from July 1st 2020
Tax implication
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
About Reliance Infrastructure Fund Direct Growth
Reliance Infrastructure Fund Direct Growth is a Equity Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 30 Jun 1995. The fund currently has an Asset Under Management(AUM) of ?7,48,581 Cr and the Latest NAV as of 06 Sep 2013 is ?4.50.
The Reliance Infrastructure Fund Direct Growth is rated -- risk. Exit load of 1% if redeemed within 1 year
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Investment Objective
The scheme seeks long-term capital appreciation by investing in infrastructure companies and companies indirectly related the infrastructure sector. Its ambit includes construction, metals and minerals, power and power equipments, telecom, banks, ports, and other related areas in the segment. The fund can have 35 per cent of its assets in cash and fixed income investment.;