MouthShut.com Would Like to Send You Push Notifications. Notification may includes alerts, activities & updates.
Concern / Feedback Form
Secure your account
Please enter your valid contact number to receive OTP.
Just one step away to protect your account with 2FA.
Protect your account by adding an extra layer of security.
Home > Personal Finance > Capital Market Equity and Mutual Funds > Reliance Balanced Advantage Fund
Reliance Balanced Advantage Fund
Customer Service:
Staff Courtesy:
The ingenuineness of this review appears doubtful. Justify your opinion.
I feel this review is:
From the last 3 year, I am regularly investing in SIP in ELSS Fund but from starting to today I never have seen positive. Then I decided to stop SIP but that time on of employee of Company told me to not stop the SIP, he assured me that now this fund is taken over of Nippon and will perform now, Therefore I didn`t STOP this fund. But I am too sad whenever I see in Negative from last 3 year.
View more comments
I had invested in reliance mutual funds for quite sometime through SIP in both their growth funds and ELSS. However to my surprise unlike how other funds are performing reliance funds have shown negative growth with heavy losses. They only keep increasing their brokerage and service charges every 2 months but no focus on customer gains. Certainly not advisable a company to invest.
Its more than a year I had invested heavily my hard earned income and till the date my returns are in negative approx -10%
While others like Franklin and Birla have given positive returns.
My advise to other investors is to avoid Reliance Mutual Fund but they are free to try their luck.
Also most of the reviews on this platform seems paid one as they showing the bright side of Reliance and their narrative seems common.
YOUR RATING ON
In India, the popularity of investment in the mutual funds has developed by leaps and bounds. This is on the grounds that the sum got toward the end is essentially incredible which can't be offered by a few banks and other financial foundations. Truth to be told, banks and a few different organizations can't offer an indistinguishable returns from offered by the mutual funds.
The installment for the SIPs of Reliance can be made in any mode as per the accommodation of the proprietor. Aside from giving awesome returns, this organization has likewise opened numerous new plans for the Indian market.
Reliance SIP expects you to invest as least as Rs.100. It is an outstanding amongst other SIP investment plans in India appropriate to your requirements with the investment least every month.
Settle on a decision between an equity SIP plan or debit SIP plan.
Recommend to Invest and Make it SIP with Reliance .
I had put a sizeable amount in Reliance equity hybrid fund monthly dividend scheme around May 18.As per scheme I was to get monthly dividend which I got till September 18 and after that it has completely stopped till date while I am getting i am getting it from all other mutual funds..Now I am exiting at huge loss as no dividend is being paid and nav has also gone down substantially
Reliance mutual fund is very friendly and it is so good for our investment.If anyone want to invest money , I will suggest reliance mutual fund.if we will invest money in mutual fund we will get more income monthly than any other investment.if we will deposit money in bank they will not provide this much interest.3.5 lakh rs I invested in this fund as a pension scheme.now iam getting 3500 rs per month .every year this will increase and our deposited amount also will increase.mutual fund is the good way to invest our money.
I have done SIP with Reliance Growth Fund first time and in starting I was confused about MF and also fear of share mkt downfall but when I track my investment in its online tools I am not very happy that I found approx 7% return only. I am very disappointed to see that its return is not more than any government saving scheme. Its my first mf investment and I am not very hopeful to earn good returns with this fund's performance
Updates to your profile and account doesnt update.
Looks like stale entries even if you have cleared cache and tried multiple browsers. Last SIP transaction took 25 days to deduct from bank account from SIP date.
Very slow browsing speed and not user friendly websites.
I have been investing in reliance mutual fund for six months and have earned a good return. There are lots of schemes in Reliance Mutual Fund. Some are high risk and some are very low risk. Reliance Small Cap Fund is a high risk scheme that can give a good return in long term investment. Reliance Liquid Fund is a low risk short term scheme that can give 7% return in a year. You can redeem any time in this scheme without any exit load. I am investing in these two schemes. Their coustomer service is also good. You can call their toll free number any time for help. So at last I want to say that I have a good experience with Reliance Mutual Fund.
Thank You.
I am investing in this particular mutual funds from last 1 year and I am happy to tell you guys that I have got much better returns then I expected. I am investing in reliance mutual funds growth plan and it was awesome in terms of durability and security. It also offers many useful features like no lock up periods means you can withdraw your investment whenever you want to. This makes Reliance Mutual Funds an unique mutual funds in the market. I am really pleased and will definitely recommend this to everyone if you want to invest your valuable money and wants good returns without any lock in period.
I am an investor in mutual funds of reliance. It was a coincidence that I got information about reliance mutual funds. Everyone knows that Reliance is a reliable name so as I thought of it and started to invest with a initial amount to give a try to invest in Reliance mutual funds. First it looked convincing as my mutual fund folio opened and activated in just few clicks. Later I added some more funds and I became convinced that its a good to invest in reliance mutual funds so I thought of SIP and I started SIP with a very little amount as a monthly investment directly from my bank account. After paying first installment of my SIP I thought to redeem part of my investment so as to be convinced that I will be getting my funds as smoothly as I had invested in it but my redemption never came to my bank account, through which I started all reliance mutual fund. I wrote many emails to customer service and did chat on online platform but no one seem to be interested to solve my problem. So I stopped my SIP after paying for two installments.
Now the problem is my two installments are there in reliance folio which regularly shows some nominal growth but I can not redeem as my first redemption is not yet credited to my bank account.
While online chat I came to know that this problem is may be I had a NRE bank account and not an ordinary savings account. I don't know what the actual problem is. What I know that If you accept funds directly from my NRE account you should be able to return the funds to the same account.
Due to loss of my money, which is not a pocket full of money but its a money at all. I am writing here to keep you all investors be careful while investing and confirm with the authorities that you will get your funds when you need.
I have been advised to visit the branch but as I said I had invested through my NRE account it is not possible for me to visit the branch in near future as I work abroad and not in India, I believe I will get my funds when I return to India and visit the branch but its not sure when and why should I personally visit to a branch?
Its little disturbing so due to desperation or anger I am giving Reliance Mutuals a ZEERO STAR and not ONE.
Hello friends, im using this mutual fung for 2years. Im invested my amount Rs5000 on reliance growth plan . I got high returns upto 5640. Im happy with that amount returned. I redeemed within a fraction. I just got my amount with a next day, customer services is awesome quick and response. Im invested my amount via reliance mutual fund app its good service and response. Hello friends I suggested you that put your money to mutual fund your money gains more money. I LOVE THIS MUTUAL FUND.
I have been investing in Reliance Mutual Fund since 2016 and I am fully satisfied with the service and returns of the funds.My Portfolio -Reliance Growth Fund. ( Equity/Moderately high risk) Reliance Money Manager Fund. ( Debt/Moderately low risk) I use to invest using Reliance MF app and its website.The app I must say offers great services like portfolio manager, investment, withdrawal, switch, SIP, SWP, Live customer support, live chat etc.The fund house really provides up to the mark services, keeps me updated with regular mails and SMS.The customer care cell is very responsive and I have never faced a single problem with RMF. BEST ASSET MANAGEMENT COMPANY. HIGHLY RECOMMENDED!
I would like to share this with you about mutual funds, it is best and good returns for your investments . I really happy to Adjoin with this company.The only I suggest the reliance mutual fund is the one of the best one.So now I have invest in three various scheme in reliance mutual fund both are tax benefits.I have two girl child, so two is for my child education investment. Another one is reliance retirement fund for my husband. Both are long term investment.Minimum you get 15% return.If you think to invest in mutual fund its right decision in your life.If you choose reliance mutual fund its purely right decision. Reliance is one of the oldest and well known company in India. I really investing in the firm to tax saving. The customer service is really very good.
As we know the reliance company has many branches and Reliance Mutual Fund is one of the institution like other institutions of reliance'reliance Mutual Fund also a worst institution becsuse I adjoining with reliance Mutual fund snice December 2015 and my contrbution is 500/month I invest almost every month and when I register himself with reliance Mutual Fund the sales executive tell me that when you want you will withdrawl your depodit with interest and after near about thirteen months I have a need of funds and I go to reliance Mutual Fund office and tell them situation I have need of finace I want to withdrawl my finance they tell me that you can't withdrawl your finance for ten years because you signed agrdement with us the sales executive tell me some thing and company officers some thing and I confuse finally they are not able to give my deposit back they fruad with me think once a time
Reliance mutual fund is one of the biggest investment place that we can trust and it will give good service to their investors and the percentage is good its growing very well and having very good options to invest and gain money in future. There is no special attraction or any money making tricks they simply explain the way how to build a good money investment plans.
Dear Friends, Myself Amit Mathur sharing my views on "Reliance Mutual fund", since whom I am connected since Jan'17. As you all know That reliance industries is one of the largest industries in India, its Business spread not only in India but worldwide. so Definitely, there is no doubt of growth & secure future.
I would like to share this opportunity to all of you that its the simplest way to grow the amount by Investing from INR 500/- Monthly.
This amount can be submitted easily In Monthly EMIs, there are no burden for even a lower level person.
I am really happy to Adjoin with this company.
The only thing you need to kept in mind that Till 3 years its locking period during which you need to pay, if you dont pay during this period it might be loss or lost of amount due to certain fix charges.
Otherwise Mutual fund investment is really a better option for your money to grow by simply investing from a small amount monthly basis.
I have invested in liquid Reliance Mutual Fund through Piggy App. It is very easy and secure to invest. Reliance Mutual fund is giving very good interest which I can daily track it in Piggy app. I think it is good to invest in Reliance Mutual Fund. In liquid mutual fund you will able to withdraw money any time without any extra charges. In Reliance Mutual fund, you can start invest only from ₹100. So lets try.
Mutual fund industry is on an increasing rise in today's worlds. There are more than 100 fund houses pulling funds of individual and institutional investors all over the globe and investing their capital in the financial market. Reliance Mutual fund is one of the top rated mutual funds in the country.
My self being an investor in mutual fund started of my journey by starting a systematic investment plan(SIP) in Reliance Mutual fund(Balance fund) of a thousand rupees every month and have earned good returns, over the past 1.5 year.
The customer service is excellent and provide immediate response to all the questions raised at them. The statement of account is sent via email and post on a monthly basis. I have also redeemed a part of my investment and the redemption was initiated within seven working days.
The product distribution staff is excellent in providing their valuable service. It has been a wonderful journey as an investor in the mutual fund industry with reliance mutual funds.
I request everyone to go in for their investment products it will be really beneficial for the near future
Generally everyone have some hesitation to invest in mutual fund because it's subjected to market risk, including me so that I am approach a financial advisor before invest in mutual fund.He clearly explain to me the benefits of mutual funds and he suggest the reliance mutual fund is the one of the best one.So now I have invest in two various scheme in reliance mutual fund both are tax benefits.one is for my child education investment ELSS, another one is reliance retirement fund for me, both are long term investment.Minimum you get 12% return.If you think to invest in mutual fund its right decision in your life.If you choose reliance mutual fund its purely right decision.
Showing: 1 - 20 Reviews on Reliance Balanced Advantage Fund
Photo Uploaded successfully.
Upload photo files with .jpg, .png and .gif extensions. Image size per photo cannot exceed 10 MB
Upload menu files with .jpg, .png and .gif extensions. Image size per photo cannot exceed 10 MB
See all Photos
Select a product from search suggestions
Free MouthShut app saves money.
OTP Verification
Verify
An OTP has been sent to your email and mobile number. Please enter OTP to verify the account.
Didn't receive? Resend OTP
An OTP has been sent to your email address. Please Enter OTP to verify your email address