Reliance Growth Fund has achieved a NAV of Rs. 1,000. This is the first fund in the industry to achieve this NAV level. The fund was launched 21 years ago in October 1995.
The growth of NAV — from Rs. 10 to Rs. 1,000 — is a growth of 100 times in 21.5 years.
Reliance Growth Fund, a mid-cap oriented fund, is primarily invested in financial, information technology, industrials and healthcare companies.
Inspite of being an average performer in the past few years….just staying in the fund, has rewarded it’s investors handsomely.
Fund performance data courtesy Valueresearchonline.com