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How Rs 1 Lakh In This Mutual Fund Turned Into Rs 1 Crore In 21 Years
Reliance is the first fund in the industry to achieve NAV level of 1,000 Reliance Mutual Fund was launched 21 years ago in October 1995 The fund's initial investors have increased their wealth by 100 times
02 May 2017, 09:27 PM IST 
Reliance mutual fund was launched 21 years ago in October 1995
New Delhi: Reliance Capital Asset Management's open-ended equity growth scheme, Reliance Growth Fund, has achieved a net asset value (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.
"It gives us immense satisfaction that Rs 1 lakh invested in our fund is valued at Rs 1 crore today, an endorsement of our belief that MFs are best investment option ...
