About Reliance Mutual Insurance

A part of Anil Dhirubhai Ambani Group, Reliance Mutual is one of the largest and fastest growing mutual funds of the Indian financial market. A well organized portfolio of products and services is offered to the consumers to meet their needs and requirements of all kinds. Reliance Mutual is a subsidiary of Reliance Capital Ltd, a private sector company which offers products in the field of asset management, life and general insurance, proprietary investments, stock broking and private equity. Reliance Mutual currently manages assets worth over one trillion and an employee base of over seventy five lakhs.

The Reliance Mutual offers three kinds of schemes which appeal to different genres of consumers. These schemes are equity scheme, income scheme and sector specific scheme.

The equity scheme allows the consumer to opt for dividend option and capital appreciation along with the option to change the preferences at a later date. This scheme suits those consumers who have long term outlook while seeking appreciation over a longer period. These schemes also tend to have a larger risk factor along with a higher return on the investment.

Income funds scheme tends to provide constant and steady income to the consumer while investing in fixed income securities such as debentures and dividend bonds. They are comparatively less risky than equity schemes as they are not affected by the fluctuations in the equity market and therefore the chances of capital appreciation are reduced.

The sector specific schemes allow the consumer to invest only on those sectors which are specified in the offer documents for example petroleum stocks, software firms etc. The returns on these investments are totally dependent on the performance of the mentioned industries. The risk factor in this scheme is very high along with increased chances of higher returns as well.