Reliance Multi-Cap Fund Can Be Your Ticket to Become a Millionaire

The article explains how Reliance Multi-Cap Fund can make you a millionaire if a long term disciplined investment is carried out.

Gaining wealth from investment in a mutual fund is a long term process but for the disciplined investors, it is the most convenient way to achieve their financial objective. In the equity market, any category of stocks can surge under any trends as it is uncertain and unpredictable. Hence a mutual fund that can take advantage of rise and fall in any category of stocks can be highly productive for the long term investment. Reliance Multi-Cap Fund is one such mutual fund that can grab the wealth gain opportunities under any market conditions and is ideal for disciplined long term investment. Read to know why the fund has the potential to make you a millionaire in the long term.

What is Reliance Multi-Cap Fund?

It is a consistent performer in the category of multi-cap funds which aims to deliver long term capital gains to the investors from a diversified portfolio involving stocks of large, mid, and small-cap segment. The fund manager Mr Shailesh Raj Bhan takes concerned calls according to the market conditions and prospective trends in the equity market. It is a largely chosen scheme which has delivered impressive returns to the investors in the past and has the ability to deliver better returns in the long term. It was launched in 2005 and has maintained annualised returns since inception as 17%. By investing for the long term in Reliance Multi-Cap Fund in a disciplined manner, one can become a millionaire conveniently.

To Own a Million

Your dream to own a million rupees can become a reality if you make disciplined investment in Reliance Multi-Cap Fund for the long term. For the last 10 years, it has maintained trailing returns of more than 16% while the benchmark and category average have stayed low at 11.26% and 12.44% respectively. Due to volatile trends in the equity market for the last few years, the trailing returns for the short term does not look impressive but are still far better than the peers and index. The fund has the potential to deliver better gains than peers as Mr Bhan has always taken better calls to enhance the long term gains for the investors. For the long term, investors can expect annualised returns between 12-16% and to own a million, one needs to make the following investment.

It can be observed from the table above that the objective to own a million can be achieved in multiple ways if the fund delivers expected returns. The actual returns and wealth gain can be different and can even be more than 16%.

Why to Invest?

You might be wondering that out of a wide variety of mutual funds in India, what makes Reliance Multi-Cap Fund a better choice to achieve the target. The answer lies in the investment style and market conditions. Reliance Multi-Cap Fund can invest across any equity segment and grab the opportunity under any trend. Historically, the dynamic shifting of allocation has also been witnessed. Currently, the large-cap stocks are trading at their higher levels while the mid and small-cap stocks are beaten down. As the large-caps are currently having limited growth opportunities and the small and mid-cap are available at an attractive valuation, the manager is slowly increasing the holdings in the aggressive stocks. Similarly, multi-cap funds take better advantage of equity trends as they have a flexible mandate and can invest dynamically.

Reliance Multi-Cap Fund is a promising scheme for the long term but there exists a moderate risk in the short term and the potential investors must be ready to tolerate trivial fluctuations. The fund can be highly beneficial in the long term and can make you a millionaire with very little effort.