trustee report for website_equity schmes

8/3/2019 Trustee Report for Website_Equity Schmes

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Annual Report 2009 - 2010 Annual Report 2009 - 2010

11th oor & 12th oor, One Indiabulls Centre, Tower 1, Jupiter Mil ls Compound, 841, Senapati Bapat Marg, Elphinstone Road, Mumbai - 400 013. 11th oor & 12th oor, One Indiabulls Centre, Tower 1, Jupiter Mil ls Compound, 841, Senapati Bapat Marg, Elphinstone Road, Mumbai - 400 013.

Trustee Report

Reliance Growth Fund:

1. Scheme Perormance, Future Outlook and Operations o the Scheme

Name o theScheme /

Benchmarks

Date oInception

Compounded Annualised Returns (%) ason 31.03.2010

1 year 3 years 5 years SinceInception

Reliance GrowthFund - RetailPlan

112.06 19.13 29.72 29.83

BSE 100 88.17 12.16 21.70 12.73

08-Oct-95

RelianceGrowth Fund -Institutional Plan

112.46 N.A N.A 13.93

BSE 100 08-Oct-07 88.17 N.A N.A 6.63

Past performance may or may not be sustained in future.

Calculation assume that all payouts during the period have been re-invested inthe units o the schem e at the then prevailing NAV.

All the returns are o Growth Plan - Growth Option.

Reliance Growth has outperormed the benchmark since inception by almost17% in Retail Plan and 7% in Institutional Plan. The portolio o this undhas quality stocks which have been instrumental in this out perormance involatile market conditions. Going ahead the und manager intends to maintainappropriate cash levels and churn the portolio depending on the marketcondition.

Future Outlook - The Indian Mutual Fund Industry is one o the astest growingsectors in the Indian capital and fnancial markets with 38 Asset ManagementCompanies currently operating in the country (as on 31st March 10). Over thelast 5 years(31st Mar 05-31st Mar 10), the mutual und industry has grown ata remarkable pace o 38 per cent CAGR per annum. The Total Average IndustryAsset under Management (AUM) is Rs 7,47,525.15 crores as on 31st March2010. (Source – AMFI). The mutual und industry in India has seen dramaticimprovements in quantity as well as quality o product and service oerings inrecent years.

According to KPMG India’s recent report released in June 09 industry AUM islikely to continue to grow in the range o 15 to 25 percent rom the period2010 to 2015 based on the pace o economic growth. In the event o quickrevival and positive reinorcement o growth drivers identifed, K PMG in India iso the view that the Indian mutual und industry may grow in the range o 15to 18 percent in the period rom 2010 to 2015, resulting in AUM o Rs 15 lakhto 17 lakh crores in 2015.

2. Brie background o Sponsors, Trust, Trustee Co. and AMC.

a. Reliance Capital Limited – Sponsor

Reliance Mutual Fund is sponsored by Reliance Capital Limited (RCL). TheSponsor is the Settler o the Mutual Fund Trust. Reliance Capital AssetManagement Limited (RCAM) is a subsidiary o RCL. RCL holds 93.37%o the paid-up capital o RCAM, the balance paid up capital being held byminority shareholders. RCL has interest in asset management and mutualunds, lie and non-lie insurance, private equity and proprietary investments,stock broking, and other activities in the fnancial services sector.

b. Reliance Mutual Fund

Reliance Mutual Fund (RMF) was set up as a Trust by the Settler i.e.Reliance Capital Limited, on April 25, 1995 with Reliance Capital Trustee

Co. Limited as a Trustee in accordance with the provisions o the Indian TrustAct, 1882 and is duly registered under the Indian Registration Act, 1908.The Trustee has entered into an Investment Management Agreement datedMay 12, 1995 with Reliance Capital Asset Management Ltd. to unction asthe Investment Manager or all the Schemes o RMF. The agreement wasamended on August 12, 1997 in line with SEBI (Mutual Funds) Regulations,1996. RMF was registered with SEBI on June 30, 1995.

c. Reliance Capital Trustee Company Limited

The Trustee is the exclusive owner o the Trust Fund and holds the same in trustor the beneft o the unitholders. The Trustee has been discharging its dutiesand carrying out the responsibilities as provided in the Regulations and theTrust Deed. The Trustee seeks to ensure that the Fund and the Schemes oatedthere under are managed by the AMC in accordance with the Trust Deed, theRegulations, directions and guidelines issued by the SEBI, the Stock Exchanges,the Association o Mutual Funds in India and other regulatory agencies.

d. Reliance Capital Asset Management Limited

Reliance Capital Asset Management Limited (RCAM) is a Public Limited Companyincorporated under the Companies Act, 1956 on February 24, 1995, havingits registered ofce at “Reliance House”, Near. Mardia Plaza, O. C.G. Road,Ahmedabad, 380 006 and its Corporate Ofce at “One Indiabulls Centre – TowerOne, 11th and 12th oor, Jupiter Mills Compound, Elphinstone Road, Mumbai –400 013. RCAM has been appointed as the Asset Management Company o Reliance Mutual Fund by The Trustee vide Investment Management Agreement(IMA) dated May 12, 1995 and executed between Reliance Capital Trustee Co.Limited and RCTC and amended on August 12, 1997 in line with SEBI (MutualFunds) Regulations, 1996.

3. Investment Objective o the Scheme

The primary investment objective o the scheme is to achieve long term growtho capital by investing in equity and equity related securities through a researchbased investment approach.

4. Signifcant Accounting Policies:

Accounting policies ollowed by Reliance Mutual Fund are in accordance withSecurities Exchange Board o India (Mutual Fund) Regulations 1996.

5. Unclaimed Dividend & Redemptions:

Unclaimed Dividend Unclaimed Redemptions

No. oinvestors

Amount(Rs)

N o. o inv est or s A mo unt(Rs.)

5,824 37,675,417.00 Nil Nil

6. Statutory Inormation:

a. The Sponsors are not responsible or liable or any loss resulting rom theoperation o the Schemes o the Fund beyond their initial contribution (tothe extent contributed) o Rs. 1 Lakh or setting up the Fund, and such otheraccretions / additions to the same.

b. The price and redemption value o the units, and income rom them, can goup as well as down with uctuations in the market value o its underlyinginvestments.

c. Full Annual Report shall be disclosed on the website (www.reliancemutual.com) and shall be available or inspection at the Head Ofce o the mutualund. Present and prospective unit holder can obtain copy o the trust deed,the ull Annual Report o the Fund / AMC at a price.

For and on behal o the Board o TrusteeReliance Capital Trustee Co. Limited

Place: Mumbai A.N. Shanbha g P.P. VoraDate: June 30, 2010 Director Director

Trustees Report

Reliance Vision Fund


Name o the Scheme /Benchmarks

Date oInception

Compounded Annualised Returns(%) as on 31.03.2010

1 year 3years

5years

SinceInception

Reliance Vision Fund -Retail Plan

8 8. 44 1 4.0 9 2 3. 78 2 4. 95

BSE 100 88.17 12.16 21.70 12.73

08-Oct-95

Reliance Vision Fund -Institutional Plan

88.78 N.A N.A 6.06

BSE 100 88.17 N.A N.A 6.63

08-Aug-07

Past performance may or may not be sustained in future.Calculation assume that all payouts during the period have been re-investedin the units o the scheme at the then prevailing NAV.All the returns are o Growth Plan - Growth Option.

Reliance Vision’s perormance was better than the benchmark despite theextreme volatile conditions. The und is invested in stocks which would havea signifcant part to play in India growth story over next ew years. The undmanager intends to maintain appropriate cash levels and take stock callsdepending on the market conditions.

Future Outlook - The Indian Mutual Fund Industry is one o the astest growingsectors in the Indian capital and fnancial markets with 38 Asset ManagementCompanies currently operating in the country (as on 31st March 09). Over thelast ew years, the mutual und industry has grown at a remarkable pace o 30per cent CAGR per annum. The Total Average Industry Asset under Management(AUM) is Rs 4, 93,194.77 crores as on 31st March 2009. (Source – AMFI).The mutual und industry in India has seen dramatic improvements in quantityas well as quality o product and service oerings in recent years.

According to KPMG India’s recent report released in June 09 industry AUM islikely to continue to grow in the range o 15 to 25 percent rom the period2010 to 2015 based on the pace o economic growth. In the event o quickrevival and positive reinorcement o growth drivers identifed, KPMG in India iso the view that the Indian mutual und industry may grow in the range o 15to 18 percent in the period rom 2010 to 2015, resulting in AUM o Rs 15 lakhto 17 lakh crores in 2015.



Reliance Mutual Fund is sponsored by Reliance Capital Limited (RCL). TheSponsor is the Settler o the Mutual Fund Trust. Reliance Capital AssetManagement Limited (RCAM) is a subsidiary o RCL. RCL holds 93.37%o the paid-up capital o RCAM, the balance paid up capital being held byminority shareholders. RCL has interest in asset management and mutualunds, lie and non-lie insurance, private equity and proprietary investments,

stock broking, and other activities in the fnancial services sector.b. Reliance Mutual Fund

Reliance Mutual Fund (RMF) was set up as a Trust by the Settler i.e.Reliance Capital Limited, on April 25, 1995 with Reliance Capital TrusteeCo. Limited as a Trustee in accordance with the provisions o the Indian TrustAct, 1882 and is duly registered under the Indian Registration Act, 1908.The Trustee has entered into an Investment Management Agreement datedMay 12, 1995 with Reliance Capital Asset Management Ltd. to unction asthe Investment Manager or all the Schemes o RMF. The agreement wasamended on August 12, 1997 in line with SEBI (Mutual Funds) Regulations,1996. RMF was registered with SEBI on June 30, 1995.


The Trustee is the exclusive owner o the Trust Fund and holds the same intrust or the beneft o the unitholders. The Trustee has been discharging itsduties and carrying out the responsibilities as provided in the Regulationsand the Trust Deed. The Trustee seeks to ensure that the Fund and theSchemes oated there under are managed by the AMC in accordance withthe Trust Deed, the Regulations, directions and guidelines issued by theSEBI, the Stock Exchanges, the Association o Mutual Funds in India andother regulatory agencies.


Reliance Capital Asset Management Limited (RCAM) is a Public LimitedCompany incorporated under the Companies Act, 1956 on February 24,1995, having its registered ofce at “Reliance House”, Near. Mardia Plaza,O. C.G. Road, Ahmedabad, 380 006 and its Corporate Ofce at “One

Indiabulls Centre – Tower One, 11 th and 12th oor, Jupiter Mills Compound,

Elphinstone Road, Mumbai – 400 013. RCAM has been appointed as theAsset Management Company o Reliance Mutual Fund by The Trusteevide Investment Management Agreement (IMA) dated May 12, 1995

and executed between Reliance Capital Trustee Co. Limited and RCTC andamended on August 12, 1997 in line with SEBI (Mutual Funds) Regulations,1996.


Reliance Vision Fund (An Open-ended Equity Growth Scheme): The primaryinvestment objective o the scheme is to achieve long-term growth o capitalby investment in equity and equity related securities through a research basedinvestment approach.




U nc la im ed Di vi de nd U nc la im ed R ed em pt io ns

No. o in ve st or s A moun t (R s) No. o in ve st or s A moun t (R s. )

1,123 4,446,664.97 NIL NIL


a. The Sponsors are not responsible or liable or any loss resulting rom theoperation o the Schemes o the Fund beyond their initial contribution (tothe extent contributed) o Rs. 1 Lakh or setting up the Fund, and suchother accretions / additions to the same.

b. The price and redemption value o the units, and income rom them, can go

up as well as down with uctuations in the market value o its underlyinginvestments.


For and on behal o the Board o TrusteesReliance Capital Trustee Co. Limited






Trustees Report

Reliance Tax Saver (ELSS) Fund:



Date oInception

Compounded Annualised Returns (%) ason 31.03.2010


Reliance Tax Saver (ELSS)Fund

92.75 12.08 N.A 15.00

BSE 100 88.17 12.16 N.A 18.29

22-Sep-05


Calculation assume that all payouts during the period have been re-investedin the units o the scheme at the then prevailing NAV.


Reliance Tax Saver (ELSS) Fund is a tax saving investment with an aim togenerate better returns over three year tenure. This is a und with 3 year lockin so the portolio has quality stocks majority rom BSE 100 index and othersquality mid cap stocks which require a longer investment horizon. Since theinvestor has a lock in period o three years, this gives the und manager libertyto take more o long term calls.

Future Outlook - The Indian Mutual Fund Industry is one o the astestgrowing sectors in the Indian capital and fnancial markets with 38 AssetManagement Companies currently operating in the country (as on 31st March10). Over the last 5 years(31st Mar 05-31st Mar 10), the mutual undindustry has grown at a remarkable pace o 38 per cent CAGR per annum. TheTotal Average Industry Asset under Management (AUM) is Rs 7,47,525.15crores as on 31st March 2010. (Source – AMFI). The mutual und industryin India has seen dramatic improvements in quantity as well as quality o product and service oerings in recent years.

According to KPMG India’s recent report released in June 09 industry AUM islikely to continue to grow in the range o 15 to 25 percent rom the period2010 to 2015 based on the pace o economic growth. In the event o quickrevival and positive reinorcement o growth drivers identifed, KPMG in Indiais o the view that the Indian mutual und industry may grow in the range o 15 to 18 percent in the period rom 2010 to 2015, resulting in AUM o Rs15 lakh to 17 lakh crores in 2015.



Reliance Mutual Fund is sponsored by Reliance Capital Limited (RCL). TheSponsor is the Settler o the Mutual Fund Trust. Reliance Capital AssetManagement Limited (RCAM) is a subsidiary o RCL. RCL holds 93.37%o the paid-up capital o RCAM, the balance paid up capital being heldby minority shareholders. RCL has interest in asset management andmutual unds, lie and non-lie insurance, private equity and proprietaryinvestments, stock broking, and other activities in the f nancial servicessector.


Reliance Mutual Fund (RMF) was set up as a Trust by the Settler i.e.Reliance Capital Limited, on April 25, 1995 with Reliance CapitalTrustee Co. Limited as a Trustee in accordance with the provisions o the Indian Trust Act, 1882 and is duly registered under the IndianRegistration Act, 1908. The Trustee has entered into an InvestmentManagement Agreement dated May 12, 1995 with Reliance CapitalAsset Management Ltd. to unction as the Investment Manager orall the Schemes o RMF. The agreement was amended on August 12,1997 in line with SEBI (Mutual Funds) Regulations, 1996. RMF wasregistered with SEBI on June 30, 1995.


The Trustee is the exclusive owner o the Trust Fund and holds thesame in trust or the beneft o the unitholders. The Trustee has beendischarging its duties and carrying out the responsibilities as provided inthe Regulations and the Trust Deed. The Trustee seeks to ensure thatthe Fund and the Schemes oated there under are managed by theAMC in accordance with the Trust Deed, the Regulations, directions andguidelines issued by the SEBI, the Stock Exchanges, the Association o Mutual Funds in India and other regulatory agencies.


Reliance Capital Asset Management Limited (RCAM) is a Public LimitedCompany incorporated under the Companies Act, 1956 on February24, 1995, having its registered ofce at “Reliance House”, Near. MardiaPlaza, O. C.G. Road, Ahmedabad, 380 006 and its Corporate Ofceat “One Indiabulls Centre – Tower One, 11 th and 12th oor, Jupiter MillsCompound, Elphinstone Road, Mumbai – 400 013. RCAM has beenappointed as the Asset Management Company o Reliance Mutual Fundby The Trustee vide Investment Management Agreement (IMA) dated

May 12, 1995 and executed between Reliance Capital Trustee Co.Limited and RCTC and amended on August 12, 1997 in line with SEBI(Mutual Funds) Regulations, 1996.


Reliance Tax Saver (ELSS) Fund (An Open-ended Equity Linked SavingsScheme): The primary objective o the scheme is to generate long-termcapital appreciation rom a portolio that is invested predominantly in equityand equity related instruments.




U nc la im ed Di vi de nd U nc la im ed Re de mp ti on s

No. o investors Amount (Rs) No. o investors Amount (Rs.)

251 557,930.23 Nil Nil


a. The Sponsors are not responsible or liable or any loss resulting rom theoperation o the Schemes o the Fund beyond their initial contribution(to the extent contributed) o Rs. 1 Lakh or setting up the Fund, andsuch other accretions / additions to the same .

b. The price and redemption value o the units, and income rom them,can go up as well as down with uctuations in the market value o itsunderlying investments.

c. Full Annual Report shall be disclosed on the website www.reliancemutual.com) and shall be available or inspection at the Head Ofce o themutual und. Present and prospective unit holder can obtain copy o thetrust deed, the ull Annual Report o the Fund / AMC at a price.



Trustees Report

Reliance Long Term Equity Fund:


Name o the Scheme / Benchmarks

Date oInception



Reliance Long TermEquity Fund

94.86 11.80 N.A 9.87

BSE 200 92.87 12.19 N.A 9.11

27-Dec-06


Calculation assume that all payouts during the period have been re-invested inthe units o the scheme at the then prevailing NAV.


Reliance Long Term Equity Fund is an open ended diversifed equity schemewhich ocuses on small & mid cap stocks with investment horizon o minimum3 years. This und has stocks which have long term potential and ability tooutperorm. The und manager has taken a longer term view in constructing thisportolio.

Future Outlook - The Indian Mutual Fund Industry is one o the astest growingsectors in the Indian capital and fnancial markets with 38 Asset ManagementCompanies currently operating in the country (as on 31st March 10). Over thelast 5 years(31st Mar 05-31st Mar 10), the mutual und industry has grown ata remarkable pace o 38 per cent CAGR per annum. The Total Average IndustryAsset under Management (AUM) is Rs 7,47,525.15 crores as on 31st March2010. (Source - AMFI). The mutual und industry in India has seen dramaticimprovements in quantity as well as quality o product and service oerings inrecent years.

According to KPMG India’s recent report released in June 09 industry AUM islikely to continue to grow in the range o 15 to 25 percent rom the period2010 to 2015 based on the pace o economic growth. In the event o quickrevival and positive reinorcement o growth drivers identifed, KPMG in India iso the view that the Indian mutual und industry may grow in the range o 15to 18 percent in the period rom 2010 to 2015, resulting in AUM o Rs 15lakh to 17 lakh crores in 2015.





Reliance Mutual Fund (RMF) was set up as a Trust by the Settler i.e.

Reliance Capital Limited, on April 25, 1995 with Reliance Capital TrusteeCo. Limited as a Trustee in accordance with the provisions o the Indian TrustAct, 1882 and is duly registered under the Indian Registration Act, 1908.The Trustee has entered into an Investment Management Agreement datedMay 12, 1995 with Reliance Capital Asset Management Ltd. to unctionas the Investment Manager or all the Schemes o RMF. The agreementwas amended on August 12, 1997 in line with SEBI (Mutual Funds)Regulations, 1996. RMF was registered with SEBI on June 30, 1995.




Reliance Capital Asset Management Limited (RCAM) is a Public LimitedCompany incorporated under the Companies Act, 1956 on February 24,1995, having its registered ofce at “Reliance House”, Near. Mardia Plaza,O. C.G. Road, Ahmedabad, 380 006 and its Corporate Ofce at “OneIndiabulls Centre – Tower One, 11 th and 12th oor, Jupiter Mills Compound,Elphinstone Road, Mumbai – 400 013. RCAM has been appointed as theAsset Management Company o Reliance Mutual Fund by The Trusteevide Investment Management Agreement (IMA) dated May 12, 1995and executed between Reliance Capital Trustee Co. Limited and RCTC and

amended on August 12, 1997 in line with SEBI (Mutual Funds) Regulations,1996.


Reliance Long Term Equity Fund (An open ended Diversifed Equity Scheme):The primary investment objective o the scheme is to seek to generate longterm capital appreciation & provide long-term growth oppor tunities by investingin a portolio constituted o equity & equity related securities and Derivativesand the secondary objective is to generate consistent returns by investing indebt and money market securities.




U nc la im ed Di vi de nd U nc la im ed R ed em pt io ns

No. o in ve st or s A moun t ( Rs ) No. o in ve st or s A moun t ( Rs .)

Nil Nil Nil Nil




c. Full Annual Report shall be disclosed on the website (www.reliancemutuaL.com) and shall be available or inspection at the Head Ofce o themutual und. Present and prospective unit holder can obtain copy o thetrust deed, the ull Annual Report o the Fund / AMC at a price.

For and on behal o the Board o Trustees

Reliance Capital Trustee Co. Limited






Trustees Report

Reliance Diversifed Power Sector Fund:



Date oInception

Compounded Annualised Returns (%)as on 31.03.2010


Reliance DiversifedPower Sector Fund -Retail Plan

96.06 32.03 40.78 41.97

India Power Index 51.24 15.68 23.01 21.96

10-May-04

Reliance DiversifedPower Sector Fund -Institutional Plan

96.32 N.A N.A 4.16

India Power Index 51.24 N.A N.A -3.80

14-Feb-08Past performance may or may not be sustained in future.

Returns are o Growth Option. Calculation assume that all payouts duringthe period have been re-invested in the units o the scheme at the thenprevailing NAV.

Reliance Diversifed Power Sector Fund aims to capitalise on the opportunity inpower sector, the und manager is positive on the prospects o this sector andaims to outperorm the perormance vis-a-vis the benchmark .

Future Outlook - The Indian Mutual Fund Industry is one o the astest growingsectors in the Indian capital and fnancial markets with 38 Asset ManagementCompanies currently operating in the country (as on 31st March 10). Over thelast 5 years(31st Mar 05-31st Mar 10), the mutual und industry has grown ata remarkable pace o 38 per ce nt CAGR per annum. The Total Average IndustryAsset under Management (AUM) is Rs 7,47,525.15 crores as on 31st March2010. (Source – AMFI). The mutual und industry in India has seen dramaticimprovements in quantity as well as quality o product and service oerings inrecent years.

According to KPMG India’s recent report released in June 09 industry AUM islikely to continue to grow in the range o 15 to 25 percent rom the period2010 to 2015 based on the pace o economic growth. In the event o quickrevival and positive reinorcement o growth drivers identifed, KP MG in India iso the view that the Indian mutual und industry may grow in the range o 15to 18 percent in the period rom 2010 to 2015, resulting in AUM o Rs 15 lakhto 17 lakh crores in 2015.



Reliance Mutual Fund is sponsored by Reliance Capital Limited (RCL). TheSponsor is the Settler o the Mutual Fund Trust. Reliance Capital AssetManagement Limited (RCAM) is a subsidiary o RCL. RCL holds 93.37%o the paid-up capital o RCAM, the balance paid up capital being held byminority shareholders. RCL has interest in asset management and mutualunds, lie and non-lie insurance, private equity and proprietary investments,

stock broking, and other activities in the fnancial services sector.b. Reliance Mutual Fund

Reliance Mutual Fund (RMF) was set up as a Trust by the Settler i.e.Reliance Capital Limited, on April 25, 1995 with Reliance Capital TrusteeCo. Limited as a Trustee in accordance w ith the provisions o the Indian TrustAct, 1882 and is duly registered under the Indian Registration Act, 1908.The Trustee has entered into an Investment Management Agreement datedMay 12, 1995 with Reliance Capital Asset Management Ltd. to unction asthe Investment Manager or all the Schemes o RMF. The agreement wasamended on August 12, 1997 in line with SEBI (Mutual Funds) Regulations,1996. RMF was registered with SEBI on June 30, 1995.




Reliance Capital Asset Management Limited (RCAM) is a Public Limited

Company incorporated under the Companies Act, 1956 on February 24,

1995, having its registered ofce at “Reliance House”, Near. Mardia Plaza,

O. C.G. Road, Ahmedabad, 380 006 and its Corporate Ofce at “One


Elphinstone Road, Mumbai – 400 013. RCAM has been appointed as the

Asset Management Company o Reliance Mutual Fund by The Trustee

vide Investment Management Agreement (IMA) dated May 12, 1995and executed between Reliance Capital Trustee Co. Limited and RCTC and

amended on August 12, 1997 in line with SEBI (Mutual Funds) Regulations,

1996.


Reliance Diversifed Power Sector Fund (An Open-ended Power SectorScheme): The primary investment objective o the scheme is to seek togenerate continuous returns by actively investing in equity and equity related orfxed income securities o Power and other associated companies.





No. o investors Amount (Rs) No. o investors Amount (Rs .)

1,256 4,137,839.78 Nil Nil




c. Full Annual Report shall be disclosed on the website (www.reliancemutual)and shall be available or inspection at the Head Ofce o the mutual und.Present and prospective unit holder can obtain copy o the trust deed, theull Annual Report o the Fund / AMC at a price.


Place: Mumbai A.N. Shanbha g P.P. VoraDate: June 30,2010 Director Director

Trustees Report

Reliance Equity Advantage Fund:



Date oInception


1 year 3 years 5years

SinceInception

Reliance EquityAdvantage Fund - RetailPlan

69.06 N.A N.A 6.75

S & P CNX Nity 73.76 N.A N.A 6.87

09-Aug-07

Reliance EquityAdvantage Fund -Institutional Plan

69.45 N.A N.A 6.42

S&P CNX Nity 73.76 N.A N.A 6.87

09-Aug-07Past performance may or may not be sustained in future.

Calculation assume that all payouts during the period have been re -invested inthe units o the scheme at the then prevailing NAV.


Reliance Equity Advantage Fund has a sector neutral approach & endeavors togive Index plus returns. Sector weightage o the und would mirror exactly thato Nity on monthly basis. Minimum 80% o stocks within each sector would beconstituents o Nity, though not necessarily with their Nity weights. Maximum20% o stocks could be Non-Nity in each sector to provide the additionalalpha possibilities & opportunities.

Future Outlook - The Indian Mutual Fund Industry is one o the astest growingsectors in the Indian capital and fnancial markets with 38 Asset ManagementCompanies currently operating in the country (as on 31st March 09). Over thelast ew years, the mutual und industry has grown at a remarkable pace o 30per cent CAGR per annum. The Total Average Industry Asset under Management(AUM) is Rs 4, 93,194.77 crores as on 31st March 2009. (Source – AMFI).The mutual und industry in India has seen dramatic improvements in quantityas well as quality o product and service oerings in recent years.

According to KPMG India’s recent report released in June 09 industry AUM islikely to continue to grow in the range o 15 to 25 percent rom the period2010 to 2015 based on the pace o economic growth. In the event o quickrevival and positive reinorcement o growth drivers identifed, KP MG in India iso the view that the Indian mutual und industry may grow in the range o 15to 18 percent in the period rom 2010 to 2015, resulting in AUM o Rs 15 lakhto 17 lakh crores in 2015.



Reliance Mutual Fund is sponsored by Reliance Capital Limited (RCL). T heSponsor is the Settler o the Mutual Fund Trust. Reliance Capital AssetManagement Limited (RCAM) is a subsidiary o RCL. RCL holds 93.37%

o the paid-up capital o RCAM, the balance paid up capital being held byminority shareholders. RCL has interest in asset management and mutualunds, lie and non-lie insurance, private equity and proprietary investments,stock broking, and other activities in the fnancial services sector.


Reliance Mutual Fund (RMF) was set up as a Trust by the Settler i.e.Reliance Capital Limited, on April 25, 1995 with Reliance Capital TrusteeCo. Limited as a Trustee in accordance with the provisions o the Indian TrustAct, 1882 and is duly registered under the Indian Registration Act, 1908.The Trustee has entered into an Investment Management Agreement dated

May 12, 1995 with Reliance Capital Asset Management Ltd. to unction asthe Investment Manager or all the Schemes o RMF. The agreement wasamended on August 12, 1997 in line with SEBI (Mutual Funds) Regulations,1996. RMF was registered with SEBI on June 30, 1995.




Reliance Capital Asset Management Limited (RCAM) is a Public LimitedCompany incorporated under the Companies Act, 1956 on February 24,1995, having its registered ofce at “Reliance House”, Near. Mardia Plaza,O. C.G. Road, Ahmedabad, 380 006 and its Corporate Ofce at “OneIndiabulls Centre – Tower One, 11 th and 12th oor, Jupiter Mills Compound,

Elphinstone Road, Mumbai – 400 013. RCAM has been appointed as theAsset Management Company o Reliance Mutual Fund by The Trusteevide Investment Management Agreement (IMA) dated May 12, 1995and executed between Reliance Capital Trustee Co. Limited and RCTC andamended on August 12, 1997 in line with SEBI (Mutual Funds) Regulations,1996.


Reliance Equity Advantage Fund (An Open ended Diversifed Equity Scheme): The primary investment objective o the scheme is to seek to generate capitalappreciation & provide long-term growth opportunities by investing in aportolio predominately o equity & equity related instruments with investmentsgenerally in S & P CNX Nity stocks and the secondary objective is to generateconsistent returns by investing in debt and money market securities.




U nc la im ed D iv id end U ncl ai me d R ed em pt io ns

N o. o inv es to rs A mo unt (R s) N o. o inv es to rs A mou nt(Rs.)

Nil Nil Nil Nil




c. Full Annual Report shall be disclosed on the website (www.reliancemutual.

com) and shall be available or inspection at the Head Ofce o the mutualund. Present and prospective unit holder can obtain copy o the trust deed,the ull Annual Report o the Fund / AMC at a price.


Place: Mumbai A.N. Shanbh ag P.P. VoraDate: June 30, 2010 Director Director





Trustees Report

Reliance Equity Fund:


Name o theScheme /

Benchmarks

Date oInception



Reliance Equity Fund- Retail Plan

59.63 10.31 N.A 9.92

S&P CNX Nity 73.76 11.14 N.A 11.30

30-Mar-06

Reliance Equity Fund- Institutional Plan

59.63 N.A N.A 4.83


08-Aug-07


Calculation assume that all payouts during the period have been re-investedin the units o the scheme at the then prevailing NAV.All the returns are o Growth Plan - Growth Option.

Reliance Equity Fund endeavors to take advantage o both “The Bulls and theBears”. Reliance Equity Fund has been conceived to take care and handle thisvolatility by taking advantage o its hedging eature. Thus the und was designedin a way that it would be necessary to have a specifc hedged/short position.

Future Outlook - The Indian Mutual Fund Industry is one o the astest growingsectors in the Indian capital and fnancial markets with 38 A sset ManagementCompanies currently operating in the country (as on 31st March 10). Over thelast 5 years(31st Mar 05-31st Mar 10), the m utual und industry has grown ata remarkable pace o 38 per cent CAGR per annum. The Total Average IndustryAsset under Management (AUM) is Rs 7,47,525.15 crores as on 31st March2010. (Source – AMFI). The mutual und industry in India has seen dramaticimprovements in quantity as well as quality o product and service oerings inrecent years.





b. Reliance Mutual FundReliance Mutual Fund (RMF) was set up as a Trust by the Settler i.e.Reliance Capital Limited, on April 25, 1995 with Reliance Capital TrusteeCo. Limited as a Trustee in accordance with the provisions o the Indian TrustAct, 1882 and is duly registered under the Indian Registration Act, 1908.The Trustee has entered into an Investment Management Agreeme nt datedMay 12, 1995 with Reliance Capital Asset Management Ltd. to unction asthe Investment Manager or all the Schemes o RMF. The agreement wasamended on August 12, 1997 in line with SEBI (Mutual Funds) Regulations,1996. RMF was registered with SEBI on June 30, 1995.




Reliance Capital Asset Management Limited (RCAM) is a Public Limited

Company incorporated under the Companies Act, 1956 on February 24,

1995, having its registered ofce at “Reliance House”, Near. Mardia Plaza,

O. C.G. Road, Ahmedabad, 380 006 and its Corporate Ofce at “One


Elphinstone Road, Mumbai – 400 013. RCAM has been appointed as the

Asset Management Company o Reliance Mutual Fund by The Trustee vide

Investment Management Agreement (IMA) dated May 12, 1995 andexecuted between Reliance Capital Trustee Co. Limited and RCTC and

amended on August 12, 1997 in line with SEBI (Mutual Funds) Regulations,

1996.


Reliance Equity Fund (An open-ended Diversifed Equity Scheme): The primaryinvestment objective o the schem e is to seek to generate capital appreciation &provide long-term growth opportunities by investing in a portolio constituted o equity & equity related securities o top 100 companies by market capitalization& o companies which are available in the derivatives segment rom time totime and the secondary objective is to generate consistent returns by investingin debt and money market securities.





No. o i nves to rs A moun t (R s) No. o in ve st or s A moun t (R s. )

Nil Nil Nil Nil






Place: Mumbai A.N. Shanbha g P.P. VoraDate: June 30, 2010 Director Directo

Trustees Report

Reliance Equity Opportunities Fund:


Name o theScheme /

Benchmarks

Date oInception

Compounded Annualised Returns (%)as on 31.03.2010


RelianceEquityOpportunitiesFund - RetailPlan

129.84 15.17 25.60 25.60

BSE 100 88.17 12.16 21.70 21.70

31-Mar-05

Reliance

EquityOpportunitiesFund -InstitutionalPlan

129.95 N.A N.A 11.68

BSE 100 88.17 N.A N.A 21.70

08-Aug-07

Past performance may or may not be sustained in future.Calculation assume that all payouts during the period have been re-investedin the units o the scheme at the then prevailing NAV.All the returns are o Growth Plan - Growth Option.

Reliance Equity Opportunities Fund seeks to invest across sectors and marketcaps with an aim to deliver better returns. The und m anager’s ability to churnthe portolio depending on market movements and the philosophy to maintainappropriate cash levels will aim to improve the perormance o the und.





Reliance Mutual Fund is sponsored by Reliance Capital Limited (RCL).The Sponsor is the Settler o the Mutual Fund Trust. Reliance Capital AssetManagement Limited (RCAM) is a subsidiary o RCL. RCL holds 93.37% o thepaid-up capital o RCAM, the balance paid up capital being held by minorityshareholders. RCL has interest in asset management and mutual unds, lie andnon-lie insurance, private equity and proprietary investments, stock broking,and other activities in the fnancial services sector.


Reliance Mutual Fund (RMF) was set up as a Trust by the Settler i.e. RelianceCapital Limited, on April 25, 1995 with Reliance Capital Trustee Co. Limitedas a Trustee in accordance with the provisions o the Indian Trust Act, 1882

and is duly registered under the Indian Registration Act, 1908. The Trustee hasentered into an Investment Management Agreement dated May 12, 1995 withReliance Capital Asset Management Ltd. to unction as the Investment Manageror all the Schemes o RMF. The agreement was amended on August 12, 1997in line with SEBI (Mutual Funds) Regulations, 1996. RMF was registered w ithSEBI on June 30, 1995.


The Trustee is the exclusive owner o the Trust Fund and holds the same in trustor the beneft o the unitholders. The Trustee has been discharging its dutiesand carrying out the responsibilities as provided in the Regulations and theTrust Deed. The Trustee seeks to ensure that the Fund and the Schemes oatedthere under are managed by the AMC in accordance with the Trust Deed, theRegulations, directions and guidelines issued by the SEBI, the Stock Exchanges,the Association o Mutual Funds in India and other regulatory agencies.


Reliance Capital Asset Management Limited (RCAM) is a Public Limited Company

incorporated under the Companies Act, 1956 on February 24, 1995, having

its registered ofce at “Reliance House”, Near. Mardia Plaza, O. C.G. Road,

Ahmedabad, 380 006 and its Corporate Ofce at “One Indiabulls Centre – Tower

One, 11th and 12th oor, Jupiter Mills Compound, Elphinstone Road, Mumbai –

400 013. RCAM has been appointed as the Asset Management Company o

Reliance Mutual Fund by The Trustee vide Investment Management Agreement

(IMA) dated May 12, 1995 and executed between Reliance Capital Trustee Co.

Limited and RCTC and amended on August 12, 1997 in line with SEBI (Mutual

Funds) Regulations, 1996.


Reliance Equity Opportunities Fund (An Open-ended Diversifed EquityScheme): The primary investment objective o the scheme is to seek to generatecapital appreciation & provide long-term growth opportunities by investing ina portolio constituted o equity securities & equity related securities and thesecondary objective is to generate consistent returns by investing in debt andmoney market securities.




U ncl ai me d D iv id en d U nc la im ed Re de mp ti on s

No. o investors Amount (Rs) No. o investors Amount (Rs .)

1,987 5,888,644 Nil Nil




c. Full Annual Report shall be disclosed on the website www. (reliancemutual.com) and shall be available or inspection at the Head Ofce o the mutualund. Present and prospective unit holder can obtain copy o the trust deed,the ull Annual Report o the Fund / AMC at a price.


Place: Mumbai A.N. Shanbhag P.P. VoraDate: June 30, 2010 Director Director

Annual Report 2009 - 2010





Trustees Report

Reliance Natural Resources Fund:



Date oInception


1 year 3years

5 years SinceInception

Reliance NaturalResources Fund -Retail Plan

64.47 N.A N.A 0.14

Custom Benchmarkcreated using 65%weight o BSE 200 &35% weight o MSCIWorld Energy Index

71.24 N.A N.A -4.77

26-Feb-08

Reliance NaturalResources Fund -Institutional Plan

64.47 N.A N.A 0.76

A custom benchmarkhas been createdusing BSE 200 to theextent o 65% o theportolio and MSCIWorld Energy Indexor the balance 35%o the portolio

71.24 N.A N.A 8.95

22-Sep-08

Past performance may or may not be sustained in future.Calculation assume that all payouts during the period have been re-invested inthe units o the scheme at the then prevailing NAV.All the returns are o Growth P lan - Growth Option.

Reliance Natural Resources Fund was launched in January 2008, the und hasoutperormed the benchmark on an since inception basis. Due to higher cashcomponent and superior und management, the severe correction in globalindices has not aected signifcantly the und perormance and the undcontinues to perorm in line with its benchmark.

Future Outlook - The Indian Mutual Fund Industry is one o the astest growingsectors in the Indian capital and fnancial markets with 38 A sset ManagementCompanies currently operating in the country (as on 31st March 10). Over thelast 5 years(31st Mar 05-31st Mar 10), the m utual und industry has grown ata remarkable pace o 38 per cent CAGR per annum. The Total Average IndustryAsset under Management (AUM) is Rs 7,47,525.15 crores as on 31st March2010. (Source – AMFI). The mutual und industry in India has seen dramaticimprovements in quantity as well as quality o product and service oerings inrecent years.

According to KPMG India’s recent report released in June 09 industry AUM islikely to continue to grow in the range o 15 to 25 percent rom the period2010 to 2015 based on the pace o economic growth. In the event o quick

revival and positive reinorcement o growth drivers identifed, KPMG in India iso the view that the Indian mutual und industry may grow in the range o 15to 18 percent in the period rom 2010 to 2015, resulting in AUM o Rs 15 lakhto 17 lakh crores in 2015.





Reliance Mutual Fund (RMF) was set up as a Trust by the Settler i.e.Reliance Capital Limited, on April 25, 1995 with Reliance Capital TrusteeCo. Limited as a Trustee in accordance with the provisions o the Indian TrustAct, 1882 and is duly registered under the Indian Registration Act, 1908.The Trustee has entered into an Investment Management Agreement datedMay 12, 1995 with Reliance Capital Asset Management Ltd. to unction asthe Investment Manager or all the Schemes o RMF. The agreement wasamended on August 12, 1997 in line with SEBI (Mutual Funds) Regulations,1996. RMF was registered with SEBI on June 30, 1995.




Reliance Capital Asset Management Limited (RCAM) is a Public LimitedCompany incorporated under the Companies Act, 1956 on February 24,1995, having its registered ofce at “Reliance House”, Near. Mardia Plaza,O. C.G. Road, Ahmedabad, 380 006 and its Corporate Ofce at “OneIndiabulls Centre – Tower One, 11 th and 12th oor, Jupiter Mills Compound,Elphinstone Road, Mumbai – 400 013. RCAM has been appointed as theAsset Management Company o Reliance Mutual Fund by The Trusteevide Investment Management Agreement (IMA) dated May 12, 1995and executed between Reliance Capital Trustee Co. Limited and RCTC andamended on August 12, 1997 in line with SEBI (Mutual Funds) Regulations,1996.


Reliance Natural Resources Fund (An Open Ended Equity Scheme):The primaryinvestment objective o the scheme is to seek to generate capital appreciation& provide long-term growth opportunities by investing in companies principallyengaged in the discovery, development, production, or distribution o naturalresources and the secondary objective is to generate consistent returns byinvesting in debt and money market securities.




U ncl ai me d D iv id en d U ncl ai me d R ed em pt io ns

No. o in ve st or s A moun t (R s) No. o in ve st or s A moun t (R s. )

Nil Nil Nil Nil


a. The Sponsors are not responsible or liable or any loss resulting rom theoperation o the Schemes o the Fund beyond their initial contribution (tothe extent contributed) o Rs. 1 Lakh or setting up the Fund, and such

other accretions / additions to the same.b. The price and redemption value o the units, and income rom them, can go

up as well as down with uctuations in the market value o its underlyinginvestments.




Trustees Report

Reliance Inrastructure Fund:



Date oInception



Reliance InrastructureFund - Retail Plan

N.A N.A N.A 11.87

BSE 100 N.A N.A N.A 17.25

20-Jul-09

Reliance InrastructureFund - Institutional Plan

N.A N.A N.A 12.77

BSE 100 N.A N.A N.A 17.25

20-Jul-09


Calculation assume that all payouts during the period have been re-invested inthe units o the scheme at the then prevailing NAV.


Reliance Inrastructure Funds aims to capture opportunities across inrastructurespectrum. The und adopts multi cap strategy with a medium to long terminvestment horizon that aims to par ticipate in investment opportunities acrossall sub sectors o Inrastructure and market capitalization with no specifcreservation on any particular sub sector or market cap.





Reliance Mutual Fund is sponsored by Reliance Capital Limited (RCL). TheSponsor is the Settler o the Mutual Fund Trust. Reliance Capital AssetManagement Limited (RCAM) is a subsidiary o RCL. RCL holds 93.37%o the paid-up capital o RCAM, the balance paid up capital being held by

minority shareholders. RCL has interest in asset management and mutualunds, lie and non-lie insurance, private equity and proprietary investments,stock broking, and other activities in the fnancial services sector.


Reliance Mutual Fund (RMF) was set up as a Trust by the Settler i.e.Reliance Capital Limited, on April 25, 1995 with Reliance Capital TrusteeCo. Limited as a Trustee in accordance with the provisions o the Indian TrustAct, 1882 and is duly registered under the Indian Registration Act, 1908.The Trustee has entered into an Investment Management Agreement datedMay 12, 1995 with Reliance Capital Asset Management Ltd. to unction as

the Investment Manager or all the Schemes o RMF. The agreement wasamended on August 12, 1997 in line with SEBI (Mutual Funds) Regulations,1996. RMF was registered with SEBI on June 30, 1995.




Reliance Capital Asset Management Limited (RCAM) is a Public LimitedCompany incorporated under the Companies Act, 1956 on February 24,1995, having its registered ofce at “Reliance House”, Near. Mardia Plaza,O. C.G. Road, Ahmedabad, 380 006 and its Corporate Ofce at “OneIndiabulls Centre – Tower One, 11 th and 12th oor, Jupiter Mills Compound,

Elphinstone Road, Mumbai – 400 013. RCAM has been appointed as theAsset Management Company o Reliance Mutual Fund by The Trustee videInvestment Management Agreement (IMA) dated May 12, 1995 andexecuted between Reliance Capital Trustee Co. Limited and RCTC andamended on August 12, 1997 in line with SEBI (Mutual Funds) Regulations,1996.


The primary investment objective o the scheme is to generate long term capitalappreciation by investing predominantly in equity and equity related instrumentso companies engaged in inrastructure and inrastructure related sectors andwhich are incorporated or have their area o primary activity, in India and thesecondary objective is to generate consistent returns by investing in debt andmoney market securities.




Unclaimed Dividend Unclaimed Redemptions

No. oinvestors

Amount(Rs)

N o. o inv es to rs Am ou nt(Rs.)

Nil Nil Nil Nil


a. The Sponsors are not responsible or liable or any loss resulting rom theoperation o the Schemes o the Fund beyond their initial contribution (tothe extent contributed) o Rs. 1 Lakh or setting up the Fund, and such otheraccretions / additions to the same.










PERFORMANCE OF THE SCHEMES VIS - A - VIS BENCHMARK INDICES


Date oInception

Compounded Annualised Returnsas on 31.03.2010 (%)


Reliance Banking Fund– Retail Plan

120.51 30.18 25.58 35.17

S&P CNX Bank Index 125.18 20.44 21.05 29.89

28-May-03

Reliance Banking Fund- Institutional Plan

120.51 N.A N.A 34.29

S&P CNX Banks Index 125.18 N.A N.A 30.25

22-Sep-08

Reliance Pharma Fund 154.12 35.13 32.00 31.31

BSE Health Care Index 88.27 13.42 15.86 16.03

08-Jun-04

Reliance Media &Entertainment Fund

88.83 2.02 20.13 18.94

S&P CNX Media &Entertainment Index

122.33 -4.31 16.86 14.73

07-Oct-04

Reliance NRI EquityFund

94.90 14.15 25.10 26.03

BSE 200 Index 92.87 12.19 20.44 21.16

16-Nov-04

Reliance RegularSavings Fund-Balanced option -Growth Option

91.31 22.68 NA 19.49

Crisil Balanced FundIndex 47.31 11.37 NA 9.28

13-Jan-07

Reliance RegularSavings Fund-EquityOption

112.90 25.58 N.A 24.37

BSE 100 Index 88.17 12.16 N.A 21.31

09-Jun-05

Reliance Equity LinkedSaving Fund - Series I

82.74 N.A N.A 12.69

BSE 100 Index 88.17 N.A N.A 6.33

01-Apr-08Reliance Quant PlusFund - Retail Plan

74.06 N.A N.A 8.74


18-Apr-08

Reliance Quant PlusFund - InstitutionalPlan


18-Apr-08 73.76 N.A N.A 2.96

Reliance BankingExchange Traded Fund

130.34 N.A N.A 37.50

CNX Bank Index 128.87 N.A N.A 36.06

24-Jun-08

PERFORMANCE OF THE SCHEMES VIS - A - VIS BENCHMARK INDICES


Date oInception

Compounded Annualised Returnsas on 31.03.2010 (%)


Reliance GoldExchange TradedFund-

Dividend Payout 7.11 N.A. N.A. 19.65

Domestic Price Gold 8.18 N.A. N.A. 22.02

22-Nov-07


Calculation assume that all payouts during the period have been re-invested in the unitso the scheme at the then prevailing NAV.

All the returns are o Growth Plan - Growth Option. Returns are or Growth Option orReliance Regular Savings Fund and Dividend Payout Option or Reliance Gold ExchangeTraded Fund and Reliance Banking Exchange Traded Fund

For all schemes where inception date is ater 01.04.09, absolute returns are providedsince inception date

Reliance Banking Fund - The und manager has been able to manage the undreasonably well in volatile conditions or banking stocks. The perormance o RelianceBanking Fund has outperormed the benchmark in almost all the time periods.

Reliance Pharma Fund - During the period under consideration the und hasoutperormed its benchmark. The und aims or a combination o large cap and mid capcompanies to provide rapid growth along with some steady perormers.

Reliance Media & Entertainment Fund - In spite o being highly ragmented, mediaindustry in India is growing at a rapid pace. Increasing work orce and rising income levelsaugurs well or the sustenance o these growth rates. Reliance Media & EntertainmentFund aims to capture on the opportunities arising within the sector. As the industry getsderegulated and better compliance sets in the revenue prospects or key players willincrease multiold. The Fund Manager believes the proftability o the companies are setto rise, this und has outperormed the benchmark index on an since inception basis.

Reliance NRI Equity Fund - aims to be an exclusive oering or NRI investors who areseeking exposure to diversifed equity space to participate in the strong trajectory o Indiagrowth story. It aims to invest in BSE 200 or top 200 companies by market cap on theBSE. This und has outperormed the benchmark during the period under consideration.

Reliance Regular Savings Fund – Equity Option - Reliance Regular Savings Fund –Equity Option aims to invest in top companies across sectors with a long term investmenthorizon. The und manager’s ability to churn the portolio depending on marketmovements also played a signifcant part in the und out perormance.

Reliance Regular Savings Fund - Balanced Option - The Scheme aims to invest intop companies across sectors with a long term investment horizon. It provides or twinbenefts o growth rom equity markets by investing in large cap stocks and steadyincome rom debt markets.

Reliance Equity Linked Saving Fund - Series I - The Scheme invest in top companiesacross sectors with a long term investment horizon. This und has outperormed thebenchmark since inception

Reliance Quant Plus Fund - Reliance Quant Plus Fund invests in Nity constituents only.Fund’s perormance was better than the benchmark (i.e. Nity Index) despite o extremevolatile conditions. This was mainly due to appropriate selection o stocks and allocationo unds. The und has outperormed the benchmark by more than 6% since inception.The und invests in blue-chip stocks on ly (maximum 20 stocks) which are selected rom

quant model with a goal to generate higher returns than benchmark. The und manager’sability to maintain appropriate cash levels depending on the market conditions also playsa signifcant role.

Reliance Banking Exchange Traded Fund - Due to ongoing subscription andredemption, there could be tracking error between und and benchmark perormance.Generally a small cash position in alling market helps in increasing returns. The und hasoutperormed the benchmark since inception.

Reliance Gold Exchange Traded Fund - Reliance Gold Exchange Traded Fund NAV hasappreciated rom around Rs 1026.3180 per unit (on 22nd Nov 2007) to around Rs1566.2859 per unit (on 31st Mar 2010). Liquidity crisis, credit concerns, fnancialturmoil, global growth slowdown and geopolitical uncertainties were ew o the majordrivers or higher gold prices. Outlook or gold remains positive as long as an uncertaintyover global fnancial markets prevails.

At times less than 100% is invested in physical gold due to continuous subscription andredemption into the Scheme. Disparity between domestic and international prices andunderinvestment in physical Gold generally gives rise to tracking erro r between the undperormance and actual Gold prices.

Future Outlook - The Indian Mutual Fund Industry is one o the astest growing sectorsin the Indian capital and fnancial markets with 38 Asset Management Companiescurrently operating in the country (as on 31st March 10). Over the last 5 years(31st Mar05-31st Mar 10), the mutual und industry has grown at a remarkable pace o 38 percent CAGR per annum. The Total Average Industry Asset under Management (AUM) is Rs7,47,525.15 crores as on 31st March 2010. (Source – AMFI). The mutual und industryin India has seen dramatic improvements in quantity as well as quality o product andservice oerings in recent years.

According to KPMG India’s recent report released in June 09 industry AUM is likely tocontinue to grow in the range o 15 to 25 percent rom the period 2010 to 2015 basedon the pace o economic growth. In the event o quick revival and positive reinorcemento growth drivers identifed, KPMG in India is o the view that the Indian mutual undindustry may grow in the range o 15 to 18 percent in the period rom 2010 to 2015,resulting in AUM o Rs 15 lakh to 17 lakh crores in 2015.



Reliance Mutual Fund is sponsored by Reliance Capital Limited (RCL). TheSponsor is the Settler o the Mutual Fund Trust. Reliance Capital AssetManagement Limited (RCAM) is a subsidiary o RCL. RCL holds 93.37%o the paid-up capital o RCAM, the balance paid up capital being heldby minority shareholders. RCL has interest in asset management andmutual unds, lie and non-lie insurance, private equity and proprietaryinvestments, stock broking, and other activities in the fnancial servicessector.


Reliance Mutual Fund (RMF) was set up as a Trust by the Settler i.e.Reliance Capital Limited, on April 25, 1995 with Reliance CapitalTrustee Co. Limited as a Trustee in accordance with the provisions o the Indian Trust Act, 1882 and is duly registered under the IndianRegistration Act, 1908. The Trustee has entered into an InvestmentManagement Agreement dated May 12, 1995 with Reliance CapitalAsset Management Ltd. to unction as the Investment Manager orall the Schemes o RMF. The agreement was amended on August 12,1997 in line with SEBI (Mutual Funds) Regulations, 1996. RMF wasregistered with SEBI on June 30, 1995.


The Trustee is the exclusive owner o the Trust Fund and holds thesame in trust or the beneft o the unitholders. The Trustee has beendischarging its duties and carrying out the responsibilities as provided inthe Regulations and the Trust Deed. The Trustee seeks to ensure thatthe Fund and the Schemes oated there under are managed by theAMC in accordance with the Trust Deed, the Regulations, directions andguidelines issued by the SEBI, the Stock Exchanges, the Association o Mutual Funds in India and other regulatory agencies.


Reliance Capital Asset Management Limited (RCAM) is a Public LimitedCompany incorporated under the Companies Act, 1956 on February24, 1995, having its registered ofce at “Reliance House”, Near. MardiaPlaza, O. C.G. Road, Ahmedabad, 380 006 and its Corporate Ofceat “One Indiabulls Centre – Tower One, 11th and 12th oor, Jupiter MillsCompound, Elphinstone Road, Mumbai – 400 013. RCAM has beenappointed as the Asset Management Company o Reliance Mutual Fundby The Trustee vide Investment Management Agreement (IMA) dated

May 12, 1995 and executed between Reliance Capital Trustee Co.Limited and RCTC and amended on August 12, 1997 in line with SEBI(Mutual Funds) Regulations, 1996.


Reliance Banking Fund (An Open Ended Banking Sector Scheme): The primaryinvestment objective o the scheme is to generate continuous returns by activelyinvesting in equity and equity related or fxed income securities o companies in BankingSector.

Reliance Pharma Fund (An Open Ended Pharma Sector Scheme): The primaryinvestment objective o the scheme is to seek to generate consistent returns by investingin equity and equity related securities or fxed income securities o Pharma and otherassociated companies.

Reliance Media & Entertainment Fund (An Open Ended Media & Entertainment SectorScheme): The primary investment objective o the scheme is to generate continuousreturns by investing in equity and equity related or fxed income securities o Media &Entertainment and other associated companies.

Reliance NRI Equity Fund (An Open Ended Diversifed Equity Scheme): The primaryinvestment objective o the scheme is to generate optimal returns by investing in equityand equity related instruments primarily drawn rom the Companies in the BSE 200Index.

Reliance Regular Savings Fund (An Open Ended Scheme) Equity Option: The primaryinvestment objective o this Option is to seek capital appreciation and/or to generateconsistent returns by actively investing in equity / equity related securities. BalancedOption: The primary investment objective o this Option is to generate consistent returnand appreciation o capital by investing in mix o securities comprising o Equity, Equityrealated Instruments & Fixed income instruments.

Reliance Equity Linked Saving Fund – Series I (A 10 Year Close Ended Equity LinkedSavings Scheme): The primary objective o the scheme is to generate long-term capitalappreciation rom a portolio that is invested predominantly in equities along with incometax beneft.

Reliance Quant Plus Fund (An Open Ended Equity Scheme): The investment objectiveo the Scheme is to generate capital appreciation through investment in equity andequity related instruments. The Scheme will seek to generate capital appreciation byinvesting in an active portolio o stocks selected rom S & P CNX Nity on the basis o a mathematical model.Reliance Banking Exchange Traded Fund (An Open Ended, Exchange Listed, IndexLinked Scheme ):The investment objective o Reliance Banking Exchange Traded Fund(RBETF) is to provide returns that, beore expenses, closely correspond to the total returnso the securities as represented by the CNX Bank Index. However, the perormance o Scheme may dier rom that o the underlying index due to tracking error.

Reliance Gold Exchange Traded Fund (An Open Ended Gold ETF) : The investmentobjective is to seek to provide returns that closely correspond to returns provided by priceo gold through investment in physical Gold (and Gold related securities as permitted byRegulators rom time to time). However, the perormance o the scheme may dier romthat o the domestic prices o Gold due to expenses and or other related actors.


Accounting policies ollowed by Reliance Mutual Fund are in accordance with SecuritiesExchange Board o India (Mutual Fund) Regulations 1996.


N am e o t he S ch em e U nc la im ed D iv id end U nc la im edRedemptions

No. oinvestors

A moun t ( Rs ) No. o investors

Amount(Rs.)

Reliance Banking Fund 201 5,288,215.84 Nil Nil

Reliance Pharma Fund 374 831,942.00 Nil Nil

Reliance Media AndEntertainment Fund

60 449,545.44 Nil Nil

Reliance NRI EquityFund

46 779,100.72 Nil Nil


a. The Sponsors are not responsible or liable or any loss resulting rom the operation o the Schemes o the Fund beyond their initial contribution (to the extent contributed)o Rs. 1 Lakh or setting up the Fund, and such other accretions / additions to thesame.

b. The price and redemption value o the units, and income rom them, can go up aswell as down with uctuations in the market value o its underlying investments.


For and on behal o the Board o Trustees

Reliance Capital Trustee Co. Limited






Redressal o Complaints received against Mutual Fund during the F.Y. 2009-2010

Total number o olios as on March 31, 2010 : 7,477,568

Complaintcode

Type ocomplaint#

(a) No. ocomplaintspending at

thebeginningo the year

Action on (a) and (b)

(b) No ocomplaintsreceived

during theyear

Resolved NonActionable*

Pending

Within 30days

30-60days

60-180days

Beyond180days

0-3months

3-6months

6-9months

9-12months

I A N on rec ei pt o Dividend on Units

0 1118 1017 63 20 0 1 17 0 0 0

I B Interes t on delayed paymento Dividend

0 1 1 0 0 0 0 0 0 0 0

I C Non receipt o RedemptionProceeds

0 741 655 44 15 0 0 27 0 0 0

I D Interes t on delayed paymento Redemption

0 26 22 3 0 0 0 1 0 0 0

II A Non receipt o Statement o Account/Unit Certifcate

0 513 490 11 1 0 1 10 0 0 0

II B Discrepancy in Statement o Account

0 1 1 0 0 0 0 0 0 0 0

II C Non receipt o Annual Report/Abridged Summary

0 8 8 0 0 0 0 0 0 0 0

III A Wrong switch between Schemes 0 13 9 3 0 0 0 1 0 0 0

III B Unauthorized switch betweenSchemes

0 0 0 0 0 0 0 0 0 0 0

III C Deviation rom Scheme attributes 0 0 0 0 0 0 0 0 0 0 0

III D Wrong or excess charges/load 0 91 63 13 4 0 0 11 0 0 0

III E Non updation o changes viz.address, PAN, bank details,nomination, etc

0 4013 3925 34 2 0 0 52 0 0 0

IV Others 0 3709 3517 144 19 1 3 25 0 0 0

TOTAL 0 10234 9708 315 61 1 5 144 0 0 0

# including against its authorized persons/ distributors/ employees. etc.

*Non actionable means the complaint that are incomplete / outside the scope o the mutual und

Classifcation o complaints

Type o Complaint

T YPE I De lay /N on -re ce ip t o m on ey

I A Dividend on Units

I B I nte re st on de laye d pay me nt o Div id en d

I C Redemption Proceeds

I D I nt er es t on d el ay ed p ayment o Red empt io n

TYPE I I Statement o Account/Unit Certifcate/Annual Report

I I A Non receipt o Sta tement o Account/Uni t Cert ifcate

I I B Di sc re pa nc y i n S ta te me nt o Acc ou nt

I I C Non rece ip t o Annua l Repor t/Ab ri dg ed Summary

TYPE III Service related

III A Wrong switch betwe en Schem es

I II B U nau tho ri ze d sw itc h b et we en Sc he me s

I II C De vi ati on r om Sc he me att ri bu te s

III D Wrong or excess charge s/load

III E Non updation o changes viz. address, PAN, bank details, nomination, etc

TYPE IV Others



Annual Repor 2009 - 2010 Annual Repor 2009 - 2010


VARIOUS ADDENDA tO thE SChEME INFORMAtION DOCUMENt, StAtEMENt OF ADDItIONAL INFORMAtION & KEy INFORMAtION

MEMORANDUM

NOtICE CUM ADDENDUM NO. 6 DAtED APRIL 23, 2009

Notice is hereby given that Mr. Ankur Parekh ceases to be Portolio Manager – Investment – Debt o Reliance Mutual Fund.

NOtICE CUM ADDENDUM NO. 11 DAtED MAy 8, 2009

Notice is hereby given that Mr. Soumen Ghosh ceases to be the A ssociate Director o Reliance Capital Asset Management Limited & Mr. Vikrant Gugnani has been appointed

as the Associate Director o Reliance Capital Asset Management Limited at its Board Meeting held on April 19, 2009.

NOtICE NO. 14 DAtED MAy 26, 2009

Notice is hereby given to all the prospective investors o Reliance Inrasrucure Fund, an Open - ended Equity Scheme (NFO opened on May 25, 2009 and Closes on

June 23, 2009) that ollowing changes have been made in the Key Inormation Memorandum (KIM) cum Application Form o the said Scheme:

1. Removal o nomenclature “Main Locations” and “Remote Locations” or AXIS Bank – a Designated Collection Banker;

2. Removal o a designated branch o Axis Bank as a collection center namely “CHAMPA: Anupam Plaza, Station Road Champa, Dist. Janjgir-Champa” rom the list o Axis

Bank Collection Centers.

Further, under the heading “Asset Allocation Pattern” in KIM, the words ‘Tax o Instruments’ be read as ‘tpes o Insrumens’.

NOtICE CUM ADDENDUM NO. 15 DAtED MAy 26, 2009

Notice is urther given that DISC at Kanpur o Reliance Capital Asset Management Ltd. is shited to the ollowing address w.e. May 25, 2009: KAN Chamber, 6th Floor,

14/113, Civil Lines Kanpur - 208 001

NOtICE NO. 17 DAtED JUNE 05, 2009

Notice is hereby given to all the prospective investors o Reliance Inrastructure Fund, an Open - ended Equity Scheme (NFO opened on May 25, 2009 and Closes on

June 23, 2009) that ollowing additional Branches o HDFC Bank (Collection Banker) are designated or collection o Application Form during the NFO o the said Schem e

w.e.. June 06, 2009:

ADDENDUM NO. 21 DAtED JUNE 13,2009


June 23, 2009) that Reliance Mutual Fund (RMF) has decided to make the ollowing change in the “Auto Switch Facility” mentioned under “Special Products/acilities

available during the NFO” in the Scheme Inormation Document o the said Scheme w.e.. June 15, 2009:

Exising Auo Swic Facili during NFO Proposed Auo Swic Facili during NFO

This und will oer an auto switch acility rom Reliance Liquid Fund, RelianceLiquidity Fund and Reliance Floating Rate Fund to Reliance Inrastructure Fundduring the NFO. However, RCAM reserves the right to extend or limit the saidacility on such terms and conditions as may be decided rom time to time.

This und will oer an auto switch acility rom Reliance Liquid Fund, Reliance LiquidityFund, Reliance Floating Rate Fund, Reliance Medium Term Fund & Reliance MoneyManager Fund to Reliance Inrastructure Fund during the NFO. However, RCAM reservesthe right to extend or limit the said acility on such terms and conditions as may bedecided rom time to time.

NOtICE NO. 22 DAtED JUNE 13, 2009


June 23, 2009) that Kotak Mahindra Bank Ltd. is appointed as Collection Banker or the said Scheme & its ollowing branches are designated or collection o Application

Form during the NFO w.e.. June 15, 2009:

NOtICE CUM ADDENDUM NO. 23 DAtED JUNE 16, 2009

Notice is urther given that Designated Investor Service Centre (DISC) at Howrah o Reliance Capital Asset Management Ltd. located at Gokul Apartment, Gr. Floor, 14

Watkins Lane, Howrah – 711101 is closed w.e. 12 th June, 2009.

ADDENDUM NO. 28 DAtED JULy 6, 2009

Notice is hereby given that:1) Mr. Sanjay Wadhwa, Chie Financial Ofcer o Reliance Capital Asset Management Ltd. ceases to act as such w.e.. June 30, 2009.

2) Mr. Milind R. Gandhi, has been appointed as Chie Financial Ofcer o Reliance Capital Asset Management Ltd. w.e.. July 01, 2009. The details o his appointment areas ollows:

Name & Designaion Age & Educaional

Qualifcaions

tpe and Naure o Pas experience including assignmens eld during epas 10 ears

Milind R. Gandi

Cie Financial Ofcer

36 years

Chartered Accountant & Company

Secretary

Jul 01, 2009 o dae, Reliance Capial Asse Managemen Ld.: Overallresponsibility o the fnance unction.

Ocober 2006 o June 2009, Reliance Capial Ld.: Overall responsibility o fnance unction pertaining to Reliance Consumer Finance & Reliance HomeFinance.

June 2004 o Sepember 2006, hDFC Asse Managemen Compan Ld.:

Financial Control, Accounting & Taxation.

June 2002 o June 2004, IL&FS Asse Managemen Compan Ld.: Finance,Accounts & Taxation.

Aug 2000 o June 2002, Nine Broadcasing India Limied: Finance, Accounts& Taxation.

April 1999 o Augus 2000, Saw Wallace & Co. Ld.: Internal Audit o allbusiness units o the Company.


(A) Notice is hereby given that the ollowing changes will be eected to the Scheme Inormation Document(s) and Key Inormation Memorandum(s) o all the schemes,

wherever applicable o Reliance Mutual Fund (“RMF”). The provisions o the addendum will be applicable on a prospective basis, eective rom August 1, 2009.

1. Enr Load

In accordance with the requirements specifed by the SEBI circular no. SEBI/IMD/CIR No.4/168230/09 dated June 30, 2009 no entry load will be charged or

purchase / additional purchase / switch-in accepted by RMF with eect rom August 01, 2009. Similarly, no entry load will be charged with respect to applications

or registrations under Systematic Investment Plans / Systematic Transer Plans (including Reliance SIP Insure, Salary AddVantage, Recurring Investment Plan orCorporate Employees and Dividend Transer Plan) accepted by RMF with eect rom August 01, 2009.

The upront commission on investment made by the investor, i any, will be paid to the ARN Holder (AMFI registered Distributor) directly by the investor, based on

the investor’s assessment o various actors including service rendered by the ARN Holder.

2. Exi Load/Coningen Deerred Sales Carge (“CDSC”)

With eect rom August 01, 2009, exit load/ CDSC (i any) up to 1% o the redemption value charged to the unit holder by RMF on redemption o units will be

retained by each o the schemes in a separate account and will be utilized or payment o commissions to the ARN Holder and to meet other m arketing and selling

expenses.

Any amount in excess o 1% o the redemption value charged to the unit holder as exit load/ CDSC will be credited to the respective scheme immediately.

(B) Notice is hereby given that pursuant to SEBI letter dated June 19, 2009 addressed to AMFI, and in compliance with AMFI Guidelines dated July 14, 2009 , investment

in Micro Schemes such as Systematic Investment Plan (SIP) where aggregate o installments in a rolling 12 months period or in a f nancial year i.e. April to March does

not exceed Rs 50,000 per year per investor ( hereinater reerred as “Micro SIP”), will be exempted rom the requirement o Permanent Account Number (PAN) with

eect rom August 01, 2009. T his exemption will be applicable only to investments by individuals (including Joint Holders who are individuals, NRIs but not P IOs),

Minors and Sole proprietary frms. HUFs and other categories will not be eligible or Micro SIPs.

Investors may please note that Micro SIP will be applicable or all the schemes o RMF where SIP acility is available subject to submission o necessary Photo

Identifcation Document along with Micro SIP application as a proo o identifcation in lieu o PAN. The list o acceptable Photo Identifcation Documents is given in

the aoresaid AMFI Guidelines, which is available on our website www.reliancemutual.com.

Reliance SIP Insure acility will not be extended to investors applying under the category o Micro SIPs.


Notice is hereby given that RMF has decided to make the ollowing changes on a prospective basis with eect rom August 1, 2009

1. Processing o Redempion/Swic/Ssemaic ransacion reques.

The processing o Redemption/Switch/Various transaction request (s) where realization status is not available, RMF shall keep the units allotted to investor on hold or

redemption/switch/Various transactions till the time the payment is realized towards such purchase transaction(s).

In case i the customer submits a redemption / switch / Various other transaction request like SWP, STP when the units are on hold, RMF reserves the right to reject/

partially process the redemption/switch/ Variuos transaction requests, as the case may be, based on the realization status o the units held by the investor. In all the

above cases (i.e., rejection/partial processing), intimation will be sent to the investor accordingly. Whenever a redemption/switch/ Various transaction request is rejected

then an investor needs to submit a resh request or reprocessing the same.Units which are not redeemed /switched on account o the request being rejected due to non realization o unds, will be processed only upon confrmation o realization

status and submission o a resh redemption/switch request or such transactions.

2. Communicaion or e invesors.

I the investor(s) has/have provided his/their email address in the application orm or any subsequent communication in any o the olio belonging to the investor(s),

RMF / Asset Management Company reserves the right to use Electronic Mail (email) as a deault mode to send various communication which include account

statements or transactions done by the investor(s).

The investor(s) may request or a physical account statement by writing or calling RMF’s Investor Service Center/ Registrar & Transer Agent. In case o specifc request

received rom the investor(s), RMF shall endeavor to provide the account statement to the investor(s) within 5 working days rom the receipt o such request. RMF shall

comply with SEBI Circular No. IMD/CIR/12/80083/2006 dates November 20, 2006 with respect to dispatch o the account statement.


Notice is hereby given that the RMF has decided to change the Exit Load or all the below mentioned schemes as per the ollowing table on prospective basis with eect

rom August 1, 2009.





Scemes Exising Exi Load Srucure Revised Exi Load Srucure

Reliance Growth Fund,

Reliance Vision Fund,

Reliance Equity Opportunities Fund,

Reliance Equity Fund,

Reliance Natural Resources Fund,

Reliance Equity Advantage Fund,

Reliance Diversifed Power Sector Fund &

Reliance Banking Fund

Reail Plan:

For subscriptions o less than Rs 5 Crore per

purchase transactions

• 1%ifredeemedorswitchedoutonorbefore

completion o 1 year rom the date o allotment

o units.

• Nil ifredeemed orswitched out afterthe

completion o 1 year rom the date o

allotment o units;

For subscription o Rs 5 Crore and above, no exit

load shall be charged.

Insiuional Plan:

Nil

Reail Plan:

For Subscriptions o less than Rs 5 Crore;

• 1%oftheapplicableNAVifredeemedorswitchedouton

or beore completion o 3 years rom the date o allotment

o units.

• Nilifredeemedorswitchedoutafterthecompletionof3

years rom the date o allotment o units;

For subscription o Rs 5 Crore and above,


or beore completion o 10 days rom the date o allotment

o units.

• Thereshallbenoexitloadaftercompletionof10days

rom the date o allotment o units.

Insiuional Plan:

• 1%oftheapplicableNAVifredeemedorswitchedoutonor beore completion o 10 days rom the date o allotmento units.



Reliance Inrastructure Fund Retail Plan:

For subscriptions o less than Rs 5 Crore per

purchase transactions;


completion o 1 year rom the date o allotment

o units

• Nilifredeemedorswitchedoutaftercompletion

o 1 year rom the date o allotment o units;

For subscriptions o more than Rs 5 Crore – Nil

Insiuional Plan:

Nil

Reail Plan:




o units.

• Nilifredeemedorswitchedoutafterthecompletionof3





o units.



Insiuional Plan:



o units.



Reliance Regular Saving Fund – Balanced Option For Subscriptions o less than Rs 5 Crore per

purchase transaction;


completion o 12 months rom the date o allotment o units.

• 1.5%ifredeemedorswitchedoutonorafter

12 months 1 day and on or beore completion

o 24 months rom the date o allotment o

units.

• 1%ifredeemedorswitched out after 24

months - 1 day and on or beore completion o

36 months rom the date o allotment o units

• Nilifredeemedorswitchedoutaftercompletion

o 36 months rom the date o allotment o

units;

For subscription o Rs 5 Crore and above, no exit

load shall be charged.




o units.• Nilifredeemedorswitchedoutafterthecompletionof3





o units.



Scemes Exising Exi Load Srucure Revised Exi Load Srucure

Reliance Regular Saving Fund – Equity Option,Reliance Pharma Fund & Reliance Media &Entertainment Fund

For subscriptions o less than Rs 5 Crore perpurchase transactions;

• 1%ifredeemedorswitchedoutonorbeforecompletion o 1 year rom the date o allotmento units.

• Nilifredeemedorswitchedoutaftercompletiono 1 year rom the date o allotment o units;

For subscription o Rs 5 Crore and above, no exitload shall be charged.


• 1%oftheapplicableNAVifredeemedorswitchedoutonor beore completion o 3 years rom the date o allotmento units.

• Nilifredeemedorswitchedoutafterthecompletionof3years rom the date o allotment o units;



• Thereshallbenoexitloadaftercompletionof10daysrom the date o allotment o units.

Reliance NRI Equity Fund Nil For Subscriptions o less than Rs 5 Crore;

• 1%oftheapplicableNAVifredeemedorswitchedoutonor beore completion o 3 years rom the date o allotment

o units.

• Nilifredeemedorswitchedoutafterthecompletionof3years rom the date o allotment o units;



• Thereshallbenoexitloadaftercompletionof10daysrom the date o allotment o units.

The revised exit load will not be applicable or all the Reliance SIP Insure Transactions (i.e. existing and prospective) including all such Systematic Investment Plan (SIP),

Systematic Withdrawal Plan (SWP) and Systematic Transer Plan (STP) installments where registrations have been done beore the above mentioned eective date.

NOtICE CUM ADDENDUM NO. 35 DAtED JULy 31, 2009

Notice is urther given that Reliance Capital Asset Management Ltd. has opened a DISC at Gorakhpur at the ollowing address w.e. August 01, 2009:

Ist Floor, Radhika Complex, Asuran Chowk, Medical Road, Gorakhpur, UP - 273 001

ADDENDUM NO. 40 DAtED AUGUSt 21, 2009

Notice is hereby given that Reliance Mutual Fund (RMF) has decided to revise the Exit Load or all transactions including Systematic Investment Plan (SIP), SystematicWithdrawal Plan (SWP) and Systematic Transer Plan (STP) o ollowing schemes o RMF pursuant to SEBI Circulars SEBI/ IMD / CIR No. 6 / 172445/ 2009 dated August7, 2009 & SEBI / IMD / CIR No. 7 /173650 / 2009 dated August 17, 2009 on prospective basis with eect rom August 24, 2009.

Following changes shall be made in the Scheme Inormation Document o the respective Schemes:

Sc eme Name Exi s in g Exi Load S r uc u re Rev is ed Exi Load S r uc u re

Reliance Growth Fund,

Reliance Vision Fund,

Reliance Equity Opportunities

Fund,

Reliance Equity Fund,

Reliance Natural ResourcesFund,

Reliance Equity Advantage

Fund,

Reliance Diversifed Power

Sector Fund,

Reliance Banking Fund &

Reliance Inrastructure Fund

Reail Plan:


• 1% o the applicable NAV i redeemed or switched out on or beore completion o

3 years rom the date o allotment o units.

• Nil i redeemed or switched out ater the completion o 3 years rom the date o

allotment o units;


• 1%oftheapplicableNAVifredeemedorswitchedoutonorbeforecompletionof

10 days rom the date o allotment o units.

• Thereshallbenoexitloadaftercompletionof10daysfromthedateofallotment

o units.

Insiuional Plan:

• 1%oftheapplicableNAVifredeemedorswitchedoutonorbeforecompletionof

10 days rom the date o allotment o units.

• Thereshallbenoexitloadaftercompletionof10daysfromthedateofallotment

o units.

Reail Plan & Insiuional Plan

• 1% i redeemed or switched out on or

beore completion o 1 year rom the date

o allotment o units.

• Nil i redeemed or switched out ater the

completion o 1 year rom the date o

allotment o units





Reliance Regular Saving Fund –Equity Option, Reliance PharmaFund & Reliance Media &Entertainment Fund


• 1% o the applicable NAV i redeemed or switched out on or beore completion o 3 years rom the date o allotment o units.

• Nil i redeemed or switched out ater the completion o 3 years rom the date o allotment o units;


• 1% o the applicable NAV i redeemed or switched out on or beore completion o 10 days rom the date o allotment o units.

• There shall be no exit load ater completion o 10 days rom the date o allotmento units.

• 1% i redeemed or switched out on orbeore completion o 1 year rom the dateo allotment o units.

• Nil i redeemed or switched out atercompletion o 1 year rom the date o allotment o units

Reliance Regular Savings Fund-Balanced option






• There shall be no exit load ater completion o 10 days rom the date o allotmento units



Reliance NRI Equity Fund For Subscriptions o less than Rs 5 Crore;





• There shall be no exit load ater completion o 10 days rom the date o allotmento units.



Reliance Quant Plus Fund Retail Plan- For Subscriptions o less than Rs 5 Crs per transaction

• 1% i redeemed/switched on or beore completion o 1 year rom the date o allotment.

• Nil i redeemed/switched ater completion o 1 year rom the date o allotment

For subscription o Rs 5 Crs and above per purchase transaction, no exit load shall becharged

Institutional Plan- Nil

Retail Plan & Institutional Plan

• 1% o the applicable NAV i redeemedor switched out on or beore completiono 15 days rom the date o allotment o units.

• There shall be no exit load ater completiono 15 days rom the date o allotment o units.

Reliance Gilt Securities Fund Under Retail Plan: 0.80%, i redeemed within 1 year

Under Institutional Plan: Nil

Retail Plan & Institutional Plan: Nil

Reliance NRI Income Fund For subscription upto Rs. 5 Lacs, the exit load will be 0.50%, i the units are redeemed

within 6 months rom the date o allotment o units. Nil, i units are redee med ater six

months rom the date o allotment o units. For subscription above 5 lacs, Nil.

• 1.00%, i the units are redeemed within

6 months rom the date o allotment o

units.

• Nil, i units are redeemed ater six months


Reliance Income Fund For subscription o less than Rs. 1 crore per purchase transaction exit load shall be:

• 1% i redeemed/switch – out on or beore completion o 12 months rom the date

o allotment.

• Nil i redeemed/switch – out ater completion o 12 months rom the date o

allotment.

For subscription o Rs. 1 crore and above per purchase transaction, exit load shall be:

• 1% i redeemed/switch – out on or beore completion o 1 month rom the date

o allotment.

• Nil, i redeemed/switch out ater completion o 1 month rom date o allotment

• 1% o the applicable NAV i redeemed

or switched out on or beore completion

o 30 days rom the date o allotment o

units.

• There shall be no exit load ater completion

o 30 days rom the date o allotment o

units.





Reliance Capital Asset Management Limited

11th oor & 12th oor, One Indiabulls Centre, Tower 1

Jupiter Mills Compound, 841, Senapati Bapat Marg,

Elphinstone Road, Mumbai - 400 013

Tel No. - 022-30994600

Fax No. - 022-30994699

Notice is urther given that consequent to shiting o Corporate Ofce, the Designated Investor Service Centre (DISC) attached to it will cease to unction at the present

location ater September 19, 2009. The said DISC will be merged with the DISC o RCAM at Mittal Chambers, 228, Ground Floor, Nariman Point, Mumbai – 400021 w.e.

September 21, 2009.

Investors are requested to take note o the above.

ADDENDUM NO. 56 DAtED OCtOBER 08, 2009

Notice is hereby given that Mr. Bhalchandra Joshi has been appointed as Head Service Delivery and Operations Excellence o Reliance Capital Asset Management Limitedw.e.. October 5, 2009. The details o his appointment are as ollows:

Name & Designaion Age and Educaional

Qualifcaion

tpe and Naure o Pas experience including assignmens eld during e pas 10 ears

Mr. Bhalchandra Joshi

head – Service Deliver

and Operaions

Excellence

43,

BSC – Chemistry

M.M.S. Marketing

Ocober 5, 2009 ill dae

Reliance Capital Asset Management Limited : Seamless delivery o Service and smooth unctioning o Banking

operations and R & T operations.

Augus 2nd, 1999 o Sepember 22nd 2009

ICICI Bank, Head SEG Wealth Management and De posit Mobilisation: Distribution o Third Party Products to Small

and Medium Enterprise Customers and mobilize deposits rom SMEs.

ADDENDUM NO. 62 DAtED NOVEMBER 03, 2009

Notice is hereby given that Reliance Capital Asset Management Ltd. (RCAM) has decided to appoint Mr. Soumen Ghosh as Associate Director w.e.. October 28, 2009.

Details o Mr. Soumen Ghosh are as ollows:

Name Age/

Educaional Qualifcaion

Brie Expereince

Mr. Soumen Ghosh 50

B.Sc (Hons.) Mechanical Engineering rom University o London

ACA, Institute o Chartered Accountants England & Wales.

Mr. S. Ghosh is an Associate Member o The Institute o Chartered Accountants

England and Wales and CEO o Reliance Capital Limited. He was a Regional

CEO, MENA and South Asia or Allianz SE, Bahrain. He was the CEO in Bajaj

Allianz Lie Insurance Co. Ltd., India beore that.

Notice is urther given that Mr. Vikrant Gugnani, Associate Director o RCAM has resigned w.e. October 28, 2009.

ADDENDUM NO. 64 DAtED NOVEMBER 17, 2009

Notice is hereby given that Reliance Mutual Fund (RMF) has decided to revise the process or Bank Mandate Updation /Change in details o Bank Account or all individualinvestors (either singly/jointly), with the intent o strengthening the existing processes, with eect rom December 01, 2009 on prospective basis.

I) Reques or e Cange in Bank Mandae given b e invesor b submiing Applicaion Leer or Common transacion Slip.

Exising Documenaion Revised Documenaion

Common Transaction slip / Application letter romthe investor requesting or the Change o BankMandate.

1. Common Transaction Slip / Application letter rom the investor requesting or the Change o BankMandate.

And

2. “Cancelled” original cheque o new Bank mandate.

And

3. Any one o the ollowing documents in respect o the existing bank mandate currently registered withRMF:

a) “Cancelled” original cheque (bearing account number and frst unit holder name on the ace o thecheque); or

b) Original bank account statement. True copy o the bank account statement may be accepted only i the original bank account statement is brought to Designated Investor Service Centre (“DISC”) o RMFor physical verifcation, in which case the original bank account statement will be returned across thecounter ater due verifcation; or

c) True copy o the Bank passbook. Original Bank passbook should also be brought to DISC or verifcation.Original Bank passbook will be returned across the counter ater due verifcation; or


d) In case such bank account is already closed, a duly stamped original letter rom such bank, on the letterhead o bank, confrming the closure o such account.

RMF shall endeavor to process the request or change o Bank Mandate within 7 working days, rom the dateo receipt o request.

II) Reques or e Cange in e Bank Mandae given b e invesor b submiing Applicaion leer or Common transacion Slip along wi e RedempionSlip.


Redemption Slip with duly flled change o

Bank mandate column requesting or the

Change o Bank Mandate along with the

redemption.

1. Redemption Slip along with Common Transaction Slip / Application Letter rom the investor requesting or the

Change o Bank Mandate, along with the redemption.

And

2. “Cancelled” original cheque o new Bank mandate.

And

3. Any one o the ollowing documents in respect o the existing bank mandate currently registered with RMF:

a) Cancelled original cheque (bearing account number and frst unit holder name on the ace o the cheque); or

b) Original bank account statement. True copy o the bank account statement may be accepted only i the

original bank account statement is brought to Designated Investor Service Centre (“DISC”) o RMF or physical

verifcation, in which case the original bank account statement will be returned across the counter ater due

verifcation; or

c) True copy o the Bank passbook. Original Bank passbook should also be brought to DISC or verifcation. Original

Bank passbook will be returned across the counter ater due verifcation; or

d) In case such bank account is already closed, a duly stamped original letter rom such bank, on the letter head

o bank, confrming the closure o such account.

The documents to be submitted above should be complete in all respects to the satisaction o RMF, ailing which

RMF may, at its sole discretion, reject the change o bank mandate request and pay the redemption proceeds in the

existing bank account registered with RMF, either through direct credit to such existing bank account or through a

physical redemption warrant. RMF shall not be responsible or any direct, indirect, special, incidental, consequential,

punitive or exemplary damages, o whatsoever nature and by whatsoever name called, arising out o any such

action.

RMF shall endeavor to process the request or change o Bank Mandate and thereater redeem the specifed units,

within 10 working days, rom the date o receipt o request. RMFs e ndeavor to dispatch the redemption proceeds

within 3-4 working days o receipt o valid redemption request, shall not be applicable in case redemption request

is accompanied by Change o Bank Mandate request.

Note: It is advisable or investors to submit the change o Bank mandate request at least 10 days prior to the submission o redemption request. RMF shall abide bySEBI (Mutual Funds) Regulations, 1996 as regards dispatch o redemption proceeds within stipulated time o receipt o valid Redemption request.

ADDENDUM NO. 70 DAtED DECEMBER 1, 2009

With a view to encourage investors to save and invest regularly through Systematic Transer Plan (STP) and help the investors to achieve their f nancial objective, RelianceMutual Fund (RMF) has decided to provide an add-on eature o ‘Reliance SMARt StEP’ in Reliance Floating Rate Fund - Short Term Plan, Reliance Liquidity Fund, RelianceLiquid Fund - Treasury Plan, Reliance Liquid Fund - Cash Plan, Reliance Medium Term Fund, Reliance Short Term Fund, Reliance Gilt Securities Fund, Reliance MonthlyIncome Plan, Reliance Money Manager Fund, Reliance Income Fund, Reliance Regular Savings Fund - Debt Option with eect rom December 3, 2009.

The objective o ‘Reliance SMART STEP’ is that it aims to provide long term capital growth by investing smaller amount at higher market levels and investing higher amountat lower market levels.

I. Preamble o Reliance SMARt StEP

Reliance SMART STEP is the special product available in selected liquid/debt schemes o RMF. The plan works on a simple concept o, “when the stock market trades at lowerlevels, a higher number o units should be bought and on the other hand, when the stock market trades at higher levels, lower number o units should be bought”.

In this plan, the interval o investment is pre-defned, but the amount o each installment would be determined on the basis o a scientifc model, where the averagevalue o the “Bombay Stock Exchange Sensitivity Index” (BSE SENSEX), calculated on basis o historical values would be compared with the current value o BSESENSEX.

On the basis o the scientifc model, the current value o BSE Sensex would be compared with the average value calculated on the basis o historical values. I the currentvalue is more than the average value, then lowest value rom the plan selected would be transerred. I current value is less than the average value, then highest valuerom the plan selected would be transerred, otherwise medium value would be transerred.

II. Invesmen Process Flow

At the time o enrollment o the acility, the investor selects any one o the Transeror (Liquid/Debt) Scheme, any one o the Transeree (Equity) Scheme and one planout o the 4 plans as m entioned below. The investment is made initially in any o the Transeror (Liquid/Debt) Schemes selected by the investor (New or existing), eitherin lump sum or SIP mode (wherever SIP acility is available). The system would calculate the monthly amount to be transerred under the selected plan, 2 trading daysbeore the transer date (10 th o every month), based on the scientifc model. However actual amount shall be transerred rom Transeror (Liquid/Debt) Scheme andinvested in the Transeree (Equity) Scheme on 10th o every month.





III. Plans Available

Investors may choose any one o the ollowing plans:

Plan Low Medium hig

Plan A (Rs.) 500 1,000 1,500

Plan B (Rs.) 1,500 3,000 4,500

Plan C (Rs.) 8,000 12,000 16,000

Plan D (Rs.) 15,000 22,500 30,000

Investors should clearly indicate plans as mentioned above. Please note that i no Plan is mentioned / indicated in the Application Form, Plan A shall be considered asdeault Plan.

IV. Eligible transeror (Liquid/Deb) and transeree (Equi) Scemes

The ollowing is the list o Transeror (Liquid/Debt) Scheme and the Transeree (Equity) Scheme:

a. Transeror (Liquid/Debt) Schemes

Reliance Floating Rate Fund - Short Term Plan, Reliance Liquidity Fund, Reliance Liquid Fund - Treasury Plan, Reliance Liquid Fund - Cash Plan, Reliance MediumTerm Fund, Reliance Short Term Fund, Reliance Gilt Securities Fund, Reliance Monthly Income Plan, Reliance Money Manager Fund, Reliance Income Fund, RelianceRegular Savings Fund - Debt Option

b. Transeree (Equity) Schemes

Reliance Growth Fund, Reliance Vision Fund, Reliance Equity Opportunities Fund, Reliance Equity Fund, Reliance Equity Advantage Fund, Reliance Quant Plus Fund,Reliance Regular Savings Fund - Equity Option, Reliance Regular Savings Fund - Balanced Option, Reliance Natural Resources Fund, Reliance Banking Fund, Reliance

Pharma Fund, Reliance Media & Entertainment Fund, Reliance Diversifed Power Sector Fund, Reliance Inrastructure Fund, Reliance Tax Saver (ELSS) Fund*, RelianceLong Term Equity Fund**

*Investment in the scheme is subject to the lock in period o three years.

**This can be transeree scheme only ater conversion into an open-ended scheme upon maturity.

Reliance Capital Asset Management Limited (RCAM) reserves the right to introduce or withdraw any o the above mentioned transeror or transeree schemes.

V. Minimum Invesmen Amoun in transeror (Liquid/ Deb) Sceme

a. For invesors invesing or e frs ime in e transeror (Liquid/Deb) Sceme

i. Lumpsum Investment – As applicable in respective Scheme

ii. Systematic Investment Plan (SIP) – As applicable in respective Scheme. SIP Facility is presently available in Reliance Floating Rate Fund - Short Term Plan,Reliance Liquid Fund – Treasury Plan – Retail Plan, Reliance Medium Term Fund, Reliance Gilt Securities Fund – Retail Plan, Reliance Monthly Income Plan,Reliance Income Fund and Reliance Regular Savings Fund – Debt Option - Retail Plan.

b. For exising invesors o e transeror (Liquid/Deb) Sceme

i. Existing investors have to maintain the minimum investment amount (as applicable in the respective SID) to keep the account in operation.

ii. However, existing investors have to maintain below mentioned minimum balance or starting Reliance SMART STEP.

VI. Minimum Balance Amoun in transeror (Liquid/Deb) Sceme or saring Reliance SMARt St EP

Investors shall have to maintain below mentioned minimum balance in a particular option o the transeror scheme. Incase o insufcient balance in the account / olio,the application or Reliance SMART ST EP shall be rejected.

a. For new invesors

i. Non-Liquid scheme: Rs. 10,000/- or the minimum amount as stated in the Scheme Inormation Document o the respective transeror scheme, whichever ishigher.

ii. Liquid scheme (Except Reliance Liquid Fund – Treasury Plan - Retail Plan): Rs. 25,000/- or the minimum amount as stated in the Scheme InormationDocument o the respective transeror scheme, whichever is higher.

iii. No minimum balance shall be required or Reliance Liquid Fund – Treasury Plan - Retail Plan to start investing via Reliance SMART STEP.

b. For exising invesors

i. Non-Liquid scheme: Rs. 10,000/-

ii. Liquid scheme (Except Reliance Liquid Fund – Treasury Plan - Retail Plan) : Rs. 25,000/

iii. No minimum balance shall be required or Reliance Liquid Fund – Treasury Plan - Retail Plan to start investing via Reliance SMART STEP.

VII. Minimum tenure o Invesmen in transeror (Liquid/Deb) Sceme

a. Lumpsum Investment – Not Applicable.

b. Systematic Investment Plan (SIP) – As applicable in respective Scheme.

VIII.tenure o Invesmen under Reliance SMARt St EP

a. Minimum Tenure - 1 year & in multiples o 1 year thereater.

b. Maximum Tenure - Not Applicable

IX. Monl StP Dae rom an o e transeror (Liquid/Deb) Sceme ino an o e transeree (Equi) Sceme

10th o every month. Incase 10th is a non – transaction day, the amount shall be transerred in the Transeree (Equity) Scheme on the next working day.

Noe: I an investor opts or SIP investment in Transeror (Liquid/Debt) Scheme on a date later than or on 10 th o every month, then each & every STP installment tothe Transeree (Equity) Scheme, would be transerred on 10th o the subsequent month.

For example: An investor opts or 10 th o every month as SIP Date. On 10 th o July 2009, SIP transaction would be processed; however, amount calculated underReliance Smart STEP shall be transerred into Equity Scheme on 10 th August 2009.

X. Load Srucure

a. Enr Load –

i. Transeror (Liquid/Debt) Scheme – Nil

ii. Transeree (Equity) Scheme – Nil

b. Exi Load –

i. Transeror (Liquid/Debt) Scheme– As applicable in the respective scheme.

ii. Transeree (Equity) Schemes – As applicable in the respective scheme.

Investors may please note that Reliance SMART STEP is a new oering under special product category o the respective Transeror (Liquid/Debt) Scheme and is dierentrom the existing STP being oered by RMF. RCAM reserves the right to change the load structure o Transeror (Liquid/Debt) Schemes and / or Transeree (Equity)Schemes. However, any imposition or enhancement in the load shall be applicable on prospective investments only.

XI. Oer Imporan Poins

a. Reliance SMART STEP can be opted by all the investors whether in Retail or Institutional Plan. Investors should reer section “Who can invest” o respective SchemeInormation Document.

b. The investment in Transeror (Liquid/Debt) Scheme (whether in Lumpsum / SIP mode) shall also be subject to terms and conditions o Common Application Form.

c. All valid transer requisitions would be treated as switch-out / redemption or the Transeror (Liquid/Debt) Scheme and switch-in/ subscription transactions or theTranseree (Equity) scheme and would be processed at the applicable NAV (subject to applicable exit load) o the re spective schemes. The dierence between theNAVs o the two Schemes/ Plans will be reected in the number o units allotted. All valid transactions would be processed as per the applicable cut o timing onthe business days as mentioned in the re spective SID and are subject to SEBI regulations.

d. This acility will not be available or units which are under any Lien/Pledged or any lock-in period.

e. The investors may approach/ consult their tax consultants in regard to the treatment o the transer o units rom the tax point o view.

. Application shall be submitted atleast fteen calendar days beore the commencement o frst execution date o Reliance SMART STEP.

g. Investors can discontinue Reliance SMART STEP acility by providing a written notice to the Designated Investor Service Centers atleast 15 calendar days prior to thedue date o the next transer date.

h. Reliance SMART STEP shall be automatically terminated i all the units are liquidated or withdrawn rom the Transeror (Liquid/Debt) Scheme or pledged or uponreceipt o intimation o death o the unit holder.

i. Investors have to maintain minimum balance in accordance with Plans selected in the Transeror (Liquid/Debt) Scheme on the transer date. In case o insufcientbalance / unclear units on the date o transer in the olio the transaction will be rejected. However, Reliance SMART STEP will be continued.

j. Investors should note that investors’ details and mode o holding (single, joint, anyone or survivor) in the Transeree (Equity) Scheme will be as per the existing olionumber o the Transeror (Liquid/Debt) Scheme. Units will be allotted under the same olio number.

k. Investors should clearly indicate rom and to which scheme / option he / she wish to transer their investment. Please note that i no Transeror (Liquid/Debt)Scheme is mentioned in the application orm the application shall be rejected. However i no Transeree (Equity) Scheme is mentioned, Reliance Growth Fund -Retail Plan - Growth Option shall be considered as deault scheme and in case no Plan is selected in Transeree (Equity) Scheme, Retail Plan (i applicable), GrowthOption shall be considered as deault plan / option.

l. Reliance SMART STEP acility shall be available or all sub options except or Daily Dividend Option (wherever applicable) o the above mentioned Transeror (Liquid/Debt) Scheme.

m. RCAM reserves the right to withdraw this oering, modiy the procedure, requency, dates, load structure in accordance with the SEBI Regulations and any suchchange shall be applicable only to units transacted pursuant to such change on a prospective basis.

ADDENDUM NO. 71 DAtED DECEMBER 02, 2009

Notice is hereby given that in terms o SEBI Circular SEBI/IMD/CIR No.11/183204/ 2009 dated November 13, 2009, units o the ollowing schemes o Reliance MutualFund (RMF) can be transacted through all the registered stock brokers o the National Stock Exchange o India Limited and / or Bombay Stock Exchange Limited who arealso registered with Association o Mutual Funds o India (AMFI) and are empanelled as distributors with Reliance Capital Asset Management Limited (RCAM). Accordinglysuch stock brokers shall be eligible to be considered as ‘ofcial points o acceptance’ o RMF with eect rom December 4, 2009.

Scemes o RMF, e unis owic a can be ransacedroug Sock excangemecanism:

(i) Reliance Growth Fund, (ii) Reliance Vision Fund, (iii) Reliance Equity Opportunities Fund, (iv) Reliance E quity Advantage Fund,(v) Reliance NRI Equity Fund, (vi) Reliance Equity Fund, (vii) Reliance Quant Plus Fund, (viii) Reliance Natural Resources Fund, (ix)Reliance Banking Fund, (x) Reliance Pharma Fund, (xi) Reliance Diversifed Power Sector Fund, (xii) Reliance Inrastructure Fund, and(xiii) Reliance Media & Entertainment Fund

International Security Identifcation Numbers (ISIN) in respect o the plans / options o the above mentioned schemes have been created and have been admitted toNational Securities Depository Limited (NSDL) and Central Depository Services Limited (CDSL) and can be transacted using the benefciary accounts m aintained with anyo the respective Depository Participants (DPs). The units will be allotted in the physical or depository mode in accordance with the choice o the investor. The acility o transacting in mutual und schemes through stock exchange inrastructure is available subject to such limits, operating guidelines, terms and conditions as may be prescribedby the respective Stock Exchanges rom time to time.

Time stamping as evidenced by confrmation slip given by stock exchange mechanism shall be considered or the purpose o determining applicable NAV and cut o timing or the transaction. Where units are held by investor in dematerialised orm, the dem at statement issued by the DP would be deemed adequate compliance withthe requirements in respect o despatch o statements o account. In case investors desire to convert their existing physical units (represented by statement o account)into dematerialised orm, RCAM will acilitate the same with Registrar and Transer Agents, Depositories and DPs. In case the units are desired to be held by investor indematerialised orm, the KYC perormed by DP shall be considered compliance with SEBI Circular ISD/AML/CIR-1/2008 dated December 19, 2008.

ADDENDUM NO. 73 DAtED DECEMEBER 11, 2009

Notice is hereby given that Mr. Sanja Kumar Sing , has been appointed as head - Produc Developmen o Reliance Capital Asset Management Ltd. w.e.. December08, 2009 in place o Mr. D. Ramanaan. The details o appointment o Mr. Sanja Kumar Sing are as ollows:

N am e & De si gna i on A ge & E du ca i on alQualifcaions tpe and Naure o Pas experience including assignmens eld during e pas 10 ears

Sanjay Kumar Singh

head – Produc Developmen

36

PGDBM Marketing,

BE Mechanical

December 08, 2009 ill dae, Reliance Capital Asset Management Limited: Product Development.

Sepember 2007 – December 2009, Reliance Capital Asset Management Limited - Segment Head –

Institutional Sales: Responsible or ormulating & executing the business development, market expansion &

penetration strategy or Direct sales and achieving the business targets.

Jul 2005 – Augus 2007, Reliance Capital Asset Management Limited - Regional Manager – Corporate: Responsible or

spearheading the business growth through direct sales. Responsible or achieving the business targets.

Ocober 2004 – June 2005, Reliance Capital Asset Management Limited – Manager: Responsible or

spearheading the business growth through direct sales. Responsible or achieving the business targets.

Jul 2000 – Sepember 2004, Reliance Capital Asset Management Limited - Assistant Manager: Responsible

or spearheading the business growth through direct sales and channel sales. Responsible or achieving the

business targets.

Sep 1999 – June 2000, JK Tyres Ltd. Engineer Trainee: Field Evaluation o developmental tyres.





NOtICE CUM ADDENDUM NO. 74 DAtED DECEMEBER 11, 2009

Notice is given that additional Designated Investor Service Centres (DISC) o Reliance Capital Asset Management Ltd. shall be operational at locations mentioned below:

1. Ofce No 405, 2nd Floor, “2/4, NEHRU PARISAR”, Bhilai w.e. December 15, 2009;

2. Ofce Number 101, 1st Floor, “TARANG COMPLEX” , Valsad w.e. December 15, 2009 and

3. 1st Floor, Excel Arcade, Near hotel Amar, Laltaki, Sarjepura, Ahmednagar – 414001 w.e. December 26, 2009.


NOtICE CUM ADDENDUM NO. 75 DAtED DECEMBER 15, 2009

Notice is given that additional Designated Investor Service Centre (DISC) o Reliance Capital Asset Management Ltd. shall be operational at 11th oor, One Indiabulls Centre,

Tower 1, Jupiter Mills Compound, 841, Senapati Bapat Marg, Elphinstone Road, Mumbai - 400 013 w.e. December 21, 2009.


NOtICE CUM ADDENDUM NO. 78 DAtED DECEMBER 25, 2009

Notice is hereby given that the Reliance Long Term Equity Fund, a 36 months close ended diversifed equity scheme with an automatic conversion into an open ended

scheme on expiry o 36 months rom the date o allotment shall get converted into an Open Ended Diversifed Equity Scheme with eect rom December 29, 2009.

Accordingly all the provisions pertaining to close ended scheme shall cease to apply and those pertaining to open ended scheme shall be applicable rom the eective date.The Entry Load & Exit Load or the scheme shall be Nil.

Investors may note that the Scheme will now oer Subscription / Redemption / Switch in and Switch out o Units at NAV based prices on every Business Day on an

ongoing basis.

ADDENDUM NO. 85 DAtED FEBUARy 20, 2010

I. Notice is hereby given that Reliance Mutual Fund (RMF) has decided to introduce alternate means o transaction – Online Transactions w.e.. February 22, 2010 in

Reliance Inrasrucure Fund, Reliance Naural Resources Fund, Reliance Long term Equi Fund and Reliance Mone Manager Fund.

Consequently ollowing paragraph on Online Transactions shall be inserted under the heading Special P roducts/Facilities available – Alternate Means o Transaction in the

respective Scheme Inormation Document o aoresaid Schemes:

“Facility o online transactions is available on the ofcial website o Reliance Mutual Fund i.e. www.reliancemutual.com. Consequent to this, the said website is declared

to be an “ofcial point o acceptance” or applications or subscriptions, redemptions, switches and other acilities with eect rom the transaction date, February

22, 2010. The Uniorm Cut -o time as prescribed by SEBI and as mentioned in the Scheme Inormation Documents o respective schemes shall be applicable or

applications received on the website. However, investors should note that transactions on the website shall be subject to the eligibility o the investors, any terms &

conditions as stipulated by Reliance Mutual Fund/Reliance Capital Asset Management Ltd., rom time to time and any law or the time being in orce.”

All other terms and conditions o the respective Schemes remain unchanged. This addendum orms an integral part o the Scheme Inormation Documents and Key

Inormation Memorandum o the respective scheme, read with the Addenda issued rom time to time.

II. Notice is urther given that ollowing change shall be made in the Scheme Inormation Document (s), Key Inormation Memorandum cum Application Form/ Micro SIP

Form o all Schemes o Reliance Mutual Fund where Systematic Investment Plan (SIP) is available w.e. February 22, 2010:

Exising SIP Provision Revised SIP Provision

An investor shall have the option o choosing one day among

multiple days or SIP. These shall be 2 nd, 10 th, 18 th or 28th o

every month/ quarter. However, only one SIP per month/

quarter is permitted.

An investor shall have the option o choosing or 1 or more than 1 SIP in the same scheme and in

the same month. SIP debit dates shall be 2nd, 10th, 18th or 28th. However more than one SIP or the

same debit date is not allowed. To register multiple SIP in the same scheme/same month, please

submit separate ECS/Auto Debit Mandate Forms.

The frst SIP cheque/drat could be o any Business Day but

subsequent cheques should be dated 2nd, 10th, 18th or 28th

and there should be a minimum gap o at least 21 Business

Days between the 1st SIP and the 2nd SIP or as specifed by

RCAM rom time to time. Investors should check the same

at the Designated Investor Service Centre o Reliance Mutual

Fund beore investing. However, subsequent cheques should

have a gap o atleast a month or a quarter depending upon the

requency chosen. I the date on the cheque/drat is a non-

Business Day or the scheme, then the units shall be allotted on

the next Business Day.

The frst SIP cheque/drat could be o any Business Day but subsequent cheques or ECS/Auto Debit

Transactions should be dated 2 nd, 10th ,18th or 28th and there should be a minimum gap o at least

21 Business Days between the 1st SIP and the 2nd SIP or as specifed by RCAM rom time to time.

In case the criteria is not met the SIP would start on the same date rom the next month. Investors

should check the same at the Designated Investor Service Centre o Reliance Mutual Fund beore

investing. I the date on the cheque/drat/ ECS/Auto Debit Transactions is a non-Business Day or

the scheme, then the units shall be allotted on the next Business Day.

Investors are requested to take note o the above change.

NOtICE CUM ADDENDUM NO. 87, DAtED FEBUARy 27, 2010

I. Notice is hereby given that Mr. Roan Sa has been appointed as an independen direcor o Reliance Capial trusee Compan Limied (RCtC) and has beeninducted on the board o RCTC with eect rom the Februar 23, 2010. The details o appointment o Mr. Shah are as ollows:

Name Age Qualifcaion Brie Experience

Rohan Shah 47 yea rs L .L .B . Mr. Rohan Shah, a qua li fed sol ic itor , pursued h is deg ree rom the Universi ty o

Mumbai and is also a Member o the Law Society o U.K. Mr. Shah started his

career with Craword Bayley and Co., Advocates and Solicitors, Mumbai and joined

chambers o various eminent solicitors.

He was acting as Counsel in the Mumbai High Court & the Supreme Court or almost

a decade. Later, he joined Lex Inde, Solicitors & Advocates, as a ounding partner,

practicing in the areas o Taxation and Corporate Laws.

Since 2001, Mr. Shah is acting as the Managing Partner o Economic Laws Practice.

The practice areas o Mr. Shah are Taxation, Corporate & Commercial Transaction,

Real Estate, Media and International Trade Laws.

Mr. Shah is also acting as independent director on the board o various companies

like J B Chemicals & Pharmaceuticals Limited, Grauer & Weil (India) Ltd, Bharat

Serums & Vaccines Ltd etc and hold trusteeships in The DL Shah Trust or Applied

Sciences, Technology, Arts & Philosophy and The Steve Waugh Charitable Trust.

II. Notice is hereby given that Mr. S.S. Bandari – Independen Direcor o RCTC has resigned as a Director o RCTC with eect rom Februar 23, 2010.

III. Notice is hereby given that Mr. Vivek Sarma, has been appointed as Dealer – Fixed Income o Reliance Capital Asset Management Ltd. w.e.. Februar 22, 2010.The details o appointment o Mr. Vivek Sharma are as ollows:

Name & Des ignaion Age & Educa ional

Qualifcaions

tpe and Naure o Pas experience including assignmens eld during e pas 10 ears

Vivek Sharma

Dealer – Fixed Income

27 Years,

B.E (Elex.),PGDBM(Finance)

February 22, 2010 till date, Reliance Capital Asset Management Limited – Responsible or investment/trading– Fixed Income.

May 2007 – February 2010 Reliance Capital Asset Management Limited - Assistant Manager – Fixed Income.Responsible or Assisting Fund Managers in FMP/Open ended portolio analysis & MIS related activities.

June, 2006 to April 2007 Reliance Capital Asset Management Limited - Management Trainee – Sales &Distribution. Responsible or Product support to corporate sales team across country.

NOtICE CUM ADDENDUM NO. 91 DAtED MARCh 16, 2010

Notice is given that additional Designaed Invesor Service Cenre (DISC) o Reliance Capital Asset Management Ltd. shall be operational at 1st Floor, No.2, JK Tower, MainRoad, Binny Compound, tiruppur - 646101 w.e. Marc 19, 2010.




AUDITED SCHEME FINANCIALS FOR THE YEAR ENDED 31st

MARCH 2010

SCHEME NAME RELIANCE GROWTH FUND

RELIANCE VISION FUND

RELIANCE DIVERSIFIED

POWER

SECTOR

FUND

RELIANCE EQUITY OPPORTUNITIES FUND

RELIANCE TAX SAVER (ELSS) FUND

RELIANCE EQUITY FUND

RELIANCE LONG TERM EQUITY FUND

RELIANCE EQUITY ADVANTAGE FUND

RELIANCE NATURAL RESOURCES FUND

RELIANCE INFRASTRUCTURE FUND

RELIANCE BANKING FUND

RELIANCE PHARMA

FUND

RELIANCE MEDIA & ENTERTAINMENT FUND

RELIANCE QUANT PLUS FUND

RELIANCE BANKING EXCHANGE TRADED FUND

RELIANCE EQUITY LINKED SAVING FUND ‐ SERIES I

RELIANCE REGULAR SAVING FUND ‐ EQUITY OPTION

RELIANCE REGULAR SAVING FUND ‐ BALANCED OPTION

RELIANCE NRI EQUITY FUND

RELIANCE GOLD EXCHANGE TRADED FUND



AUDITORS’ REPORT TO THE BOARD OF DIRECTOR OF TRUSTEES OF RELIANCE MUTUAL FUND

We have audited the attached Balance sheet of the schemes (As per Annexure) of Reliance Mutual Fund

(Scheme) as at 31st March, 2010, the Revenue Account for the year/period ended on that date annexed thereto and

Cash Flow Statement for the year/period ended on that date; which we have signed under reference to this report.

These financial statements are the responsibility of the Management of the Trustees and Asset Managementcompanies. Our responsibility is to express an opinion on these financial statements based on our audit.

We conducted our audit in accordance with auditing standards generally accepted in India. Those standards require

that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of

material misstatements. An audit includes examining, on a test basis, evidence supporting the amounts and

disclosures in the financial statements. An audit also includes assessing the accounting principles used and

significant estimates made by the management, as well as evaluating the overall financial statement presentation.

We believe that our audit provides a reasonable basis for our opinion.

We report that:

1. We have obtained all the information and explanations, which to the best of our knowledge and belief were

necessary for the purpose of our audit.

2. The Balance Sheet, the Revenue Account and Cash Flow Statement dealt with by this report are in agreement

with the books of account of the scheme.

3. In our opinion, the valuation methods for non-traded securities are fair and reasonable and are in accordance

with the guidelines for valuation issued by SEBI, under the regulation.

4. In our opinion, the Balance Sheet and the Revenue Account dealt with by this report have been prepared in

accordance with the Accounting Policies and Standards as specified in the Ninth Schedule of the SEBI (Mutual

Funds) Regulations, 1996 as amended up to date.

5. In our opinion, and to the best of our information and according to the explanations given to us, the said

financial statements give the information required by the SEBI (Mutual Funds) Regulations, 1996 as applicable

and give a true and fair view in conformity with the accounting principles generally accepted in India:

i) in the case of the Balance Sheet, of the state of affairs of the Scheme as at 31st March, 2010;

ii) in the case of the Revenue Account, of the surplus/(deficit) of the Scheme for the year/period ended on that

date ; and

iii) in case of the Cash Flow Statement, of the cash flows for the year/period ended on that date.

For HARIBHAKTI & CO.

Chartered Accountants

Firm Membership No. 103523W

___________________

CHETAN DESAI

Place: Mumbai PartnerDate: 30

th June, 2010 Membership No 17000



Annexure to Auditors’ Report for the year/period ended 31st March, 2010

SR NO. SCHEME NAME

1 RELIANCE GROWTH FUND

2 RELIANCE VISION FUND

3 RELIANCE DIVERSIFIED POWER SECTOR FUND

4 RELIANCE EQUITY OPPORTUNITIES FUND

5 RELIANCE TAX SAVER (ELSS) FUND

6 RELIANCE EQUITY FUND

7 RELIANCE LONG TERM EQUITY FUND

8 RELIANCE EQUITY ADVANTAGE FUND

9 RELIANCE NATURAL RESOURCES FUND

10 RELIANCE INFRASTRUCTURE FUND

11 RELIANCE BANKING FUND

12 RELIANCE PHARMA FUND

13 RELIANCE MEDIA & ENTERTAINMENT FUND

14 RELIANCE QUANT PLUS FUND

15 RELIANCE BANKING EXCHANGE TRADED FUND

16 RELIANCE EQUITY LINKED SAVING FUND ‐ SERIES I

17 RELIANCE REGULAR SAVING FUND ‐ EQUITY OPTION

18 RELIANCE REGULAR SAVING FUND ‐ BALANCED OPTION

19 RELIANCE NRI EQUITY FUND

20 RELIANCE GOLD EXCHANGE TRADED FUND



Schedule 31st MARCH, 2010 31st MARCH, 2009

Amount (Rs) Amount (Rs)

LIABILITIES

Unit Capital 'A' 152,332,109 130,382,809

Reserves and Surplus 'B' 2,233,624,279 1,774,210,158

Current Liabilities and Provisions 'C' 1,947,142 5,518,474

Total 2,387,903,530 1,910,111,441

ASSETS

Investments 'D' 2,368,645,678 1,899,752,812

Other Current Assets 'E' 19,257,852 10,358,629

Total 2,387,903,530 1,910,111,441

Notes forming part of Accounts'F '

As per our Report of even date

For Haribhakti & Co. For and on behalf of For and on behalf of

Chartered Accountants Reliance Capital Asset Reliance Capital Trustee Co.

Management Limited Limited

Chetan Desai Soumen Ghosh A.N. Shanbhag

Partner Director Director

Kanu Doshi P.P. Vora

Director Director

Sundeep Sikka

CEO

Hiren Chandaria

Fund Manager

Mumbai

Date : June 30, 2010

RELIANCE MUTUAL FUND


BALANCE SHEET AS AT 31st MARCH, 2010



Schedule 31st MARCH, 2010 31st MARCH, 2009

Amount (Rs) Amount (Rs)

INCOME

Interest 162,512 1,434,245

Profit on sale / redemption of investments (Other than

inter-scheme transfer / sale) 225,160,473 152,885,119

Total 225,322,985 154,319,364

EXPENSES AND LOSSES

Management fees 10,516,676 10,446,764

Advertisement and Publication Expenses 2,858,082 1,558,082

Audit fees 11,124 5,515

Custodian fees 666,227 583,194

Registrar and Transfer Agent's fees 907,171 1,516,907

Selling and Marketing Expenses 1,157,116 215,697

Commission to Agents 425,881 205,553

Service Tax on Management Fees 1,083,218 1,248,640 Insurance Premium 2,672,493 1,825,850

Other Operating Expenses 735,365 1,287,224

Total 21,033,353 18,893,426

Net Surplus / ( Deficit ) for the period 204,289,632 135,425,938

Net Surplus brought forward from previous period 173,111,423 48,983,226

Net Surplus / (Deficit) for the period 204,289,632 135,425,938

Add : Transferred from Equalisation Account 1,045,169,632 -

Less : Transferred to Equalisation Account - 11,297,741

Total 1,422,570,687 173,111,423

Net Available Surplus 1,422,570,687 173,111,423

Net Surplus / ( Deficit ) carried forward 1,422,570,687 173,111,423

Notes forming part of Accounts ' F '

As per our Report of even date

For Haribhakti & Co. For and on behalf of For and on behalf of

Chartered Accountants Reliance Capital Asset Reliance Capital Trustee Co.

Management Limited Limited

Chetan Desai Soumen Ghosh A.N. Shanbhag

Partner Director Director

Kanu Doshi P.P. Vora

Director Director

Sundeep Sikka

CEO

Hiren Chandaria

Fund Manager

Mumbai




REVENUE ACCOUNT FOR THE YEAR ENDED 31st MARCH, 2010

APPROPRIATION ACCOUNT FOR THE YEAR ENDED 31 st MARCH, 2010



31st MARCH, 2010 31st MARCH, 2009

Units Amount (Rs) Units Amount (Rs)

SCHEDULE 'A'

UNIT CAPITAL

(Face Value of Rs. 10 Each)

Unit Capital {Opening Balance) 1,303,827 130,382,809 1,123,986 112,398,643

Add : Subscription during New Fund Offer - - - - Add : Subscription during the year 789,000 78,900,000 753,455 75,345,522

Less : Redemption during the year 569,507 56,950,700 573,614 57,361,356

Unit Capital (Closing Balance) 1,523,320 152,332,109 1,303,827 130,382,809

SCHEDULE 'B'

Reserves & Surplus

Unit Premium

Opening Balance 1,081,753,031 991,123,748

Add\(Less) : Net Additions\(Deductions)

during the period 356,676,000 79,331,542

Less:-Transferred to / (from) Equalisation Account 1,045,169,632 (11,297,741)

Closing Balance 393,259,399 1,081,753,031

Equali sati on Account

Transferred (to) / from Unit Premium

Reserve1,045,169,632 (11,297,741)

Less: Transferred to / (from) Revenue

Account1,045,169,632 (11,297,741)

Closing Balance - -

UNREALISED APPRECIATION IN THE VALUE OF

INVESTMENTS

Opening Balance 519,345,704 196,084,373

Add:Net change during the period (101,551,511) 323,261,331

417,794,193 519,345,704

Appropri at ion Account

Surplus/(Deficit) carried forward 1,422,570,687 173,111,423

Total Reserves & Surplus 2,233,624,279 1,774,210,158

SCHEDULE 'C'

CURRENT LIABILITIES & PROVISIONS

Sundry Creditors 1,160,138 4,075,479

Management Fees Payable 32,464 1,003,598

Audit Charges Payable 11,499 5,515

Custody Fees Payable 109,389 18,327

Registrar Fees Payable 80,883 198,154

Inter Scheme Payable 538,505 251,095

Redemption Payable (other than Inter Scheme) 14,264 (33,694)

Total 1,947,142 5,518,474

SCHEDULE 'D'

INVESTMENTS

Gold 2,368,645,678 1,899,752,812 Total 2,368,645,678 1,899,752,812

SCHEDULE 'E'

OTHER CURRENT ASSETS

Balances with Banks in Current Account 777,060 1,312,920

Repo 18,038,616 9,044,718

Outstanding and Accrued Income 2,421 991

Receivable from AMC 439,755 -

Total 19,257,852 10,358,629



SCHEDULES FORMING PART OF THE BALANCE SHEET AS AT 31st MARCH, 2010



22 Segment Reporting:

23 Prior Year Comparatives :

For and on behalf of For and on behalf of

Reliance Capit al Asset Reliance Capital Trustee Co. Limited

Management Limited

Soumen Ghosh A. N. Shanbhag

Director Director

Kanu Doshi P. P. Vora

Director Director

Sundeep Sikka

CEO

Madhusudan Kela

Head - Equities

Sunil Singhania Ashwani Kumar Omprakash Kuckian

Fund Manager Fund Manager Fund Manager

Sailesh Raj bhan Krishan Daga Shiv Chanani

Fund Manager Fund Manager Fund Manager

Mumbai


As per the disclosure requirement under Accounting Standard 17 on 'Segment Reporting' issued by ICAI, the Scheme operates only in one segment viz to p rimarily generate returns, based on Schemes' Investment Objectives.

The figures of the previous period have been regrouped / rearranged, wherever applicable, to conform to current year's presentation. As these are the first financial statement of Reliance Infrastructure Fund since the

date of it's commencement , there are no comparative figures of previous years.Since the previous year figures of Reliance Quant Plus Fund and Reliance Banking Exchange Traded Fund, are for a period of less than one

year and hence are not comparable to the current year figures.



7.9

1)

a)

b)

c)

i)

ii)

2)

7.10 The above policies are followed as and when applicable.

C. NOTES ON ACCOUNTS

1)

2) The Cost and Market Value/Fair Value of Investments as on March 31, 2010 is given below:

Securities Book Cost Market Value

Rs. Rs.

Gold Exchange Traded Fund 1,950,851,485 2,368,645,678

TOTAL 1,950,851,485 2,368,645,678

3) Appreciation/Depreciation in value of investments as at March 31, 2010 is under:

Scheme Name

Depreciation in the value

of Investments as on

31.03.10

Appreciation in the value of

Investments as on 31.03.10

Net Appreciation / (Depreciatio

as on 31.03.10

Gold Exchange Traded Fund - 417,794,193 417,794,1

4) There were no investments recognised as Non-performing Assets (NPAs), as on March 31, 2010.

adjustment for conversion of US dollars into Indian rupees as per the RBI reference rate declared by the Foreign Exchange Dealers Association of India (FEDAI); and

addition of –

Value of gold ascertained as per circular no. SEBI/IMD/CIR No.14 /84243/07 dated January 15, 2007

The gold held by the scheme is valued at the AM fixing price of London Bullion Market Association (LBMA) in US dollars per troy ounce for gold having a fineness of 99

adjustment for conversion to metric measures as per standard conversion rates;

transportation and other charges that may be normally incurred in bringing such gold from London to the place where it is actually stored on behalf of the mutual

fund; and

notional customs duty and other applicable taxes and levies that may be normally incurred to bring the gold from London to the place where it is actually stored on

behalf of the mutual fund:

Provided that the adjustment under clause (c) above may be made on the basis of a notional premium that is usually charged for delivery of gold to the place where

is stored on behalf of the mutual fund:

Provided further that where the gold held by the scheme has a greater fineness, the relevant LBMA prices of AM fixing shall be taken as the reference price under th

sub-paragraph.

If the gold acquired by the scheme is not in the form of standard bars, it will be assayed and converted into standard bars which comply with the good delivery norm

of the LBMA and thereafter valued in terms of sub-paragraph (1).

The Scheme offers Dividend Payout Option. A combined Balance Sheet and Revenue Account is prepared for the Scheme.



19) No dividend has been declared during the year ended March 31, 2010.

20) Movement in Unit Capital:

Gold Exchange Traded Fund

Particulars Number of units Amount (Rs) Number of units

Initial subscription/Opening Units 1,303,827 130,382,809 1,123,98

Units issued during the period 789,000 78,900,000 753,45

Units repurchased during the period 569,507 56,950,700 573,61

Closing units at the end of the period 1,523,320 152,332,109 1,303,82

21)

For and on behalf of For and on behalf of

Reliance Capital Asset Management Limited Reliance Capital Trustee Co. Limited

Soumen Ghosh A. N. Shanbhag

Director Director

Kanu Doshi P. P. Vora

Director Director

Sundeep Sikka

CEO

Hiren Chandaria

Fund Manager

Mumbai


DIVIDEND PAYOUT PLAN

Prior Year Comparatives : The figures of the previous period have been regrouped / rearranged, wherever applicable, to conform to current year's presentation.

2009-2010 2008-2



ANNEXURE I

RELIANCE GROWTH FUND

Portfolio Statement as on March 31, 2010

Name of the Instrument Rating QuantityMarket Value

(in Rs. Lacs)

% of Net

Assets

Equity & Equity related

(a) Listed/ awaiting listing on Stock Exchange

Equity Shares

Auto 24,157.01 3.34%

Escorts Ltd. 6,430,768 9,581.84 1.33%

Maruti Suzuki India Ltd. 653,850 9,271.27 1.28%

Tata Motors Ltd. 700,000 5,303.90 0.73%

Banks 74,668.06 10.33%

Bank of Baroda 3,942,303 25,193.29 3.48%

State Bank of India 1,170,409 24,323.44 3.36%

ICICI Bank Ltd. 2,162,816 20,600.82 2.85%

Kotak Mahindra Bank Ltd. 608,235 4,550.51 0.63%

Cement 27,205.54 3.76%Jaiprakash Associates Ltd. 7,454,040 11,147.52 1.54%

Orient Paper & Industries Ltd. 17,989,806 9,075.86 1.26%

Kesoram Industries Ltd. 1,857,698 6,982.16 0.97%

Chemicals 1,834.39 0.25%

GeeCee Ventures Ltd. 2,065,754 1,834.39 0.25%

Construction 19,728.04 2.73%

D B Realty Ltd. 2,118,968 9,616.94 1.33%

Madhucon Projects Ltd. 4,308,142 7,063.20 0.98%

Ganesh Housing Corporation Ltd. 1,767,923 3,047.90 0.42%

Construction Project 6,581.23 0.91%

Nagarjuna Construction Company Ltd. 2,628,429 4,275.14 0.59%

Gammon India Ltd. 979,441 2,306.09 0.32%

Consumer Non Durables 39,672.02 5.49%

E.I.D. Parry (India) Ltd. 4,612,725 15,761.68 2.18%

United Spirits Ltd. 1,079,177 14,260.24 1.97%

Radico Khaitan Ltd. 7,527,382 9,650.10 1.33%

Ferrous Metals 56,749.37 7.85%

Jindal Saw Ltd. 12,850,055 27,293.52 3.78%

Jindal Steel & Power Ltd. 2,617,180 18,401.39 2.55%

Tata Steel Ltd. 901,000 5,694.77 0.79%

Maharashtra Seamless Ltd. 1,511,049 5,359.69 0.74%

Fertilisers 17,639.86 2.44%

Gujarat State Fertilizers & Chemicals Ltd. 4,243,218 9,390.24 1.30%

Tata Chemicals Ltd. 1,630,165 5,349.39 0.74%

DCM Shriram Consolidated Ltd. 5,477,308 2,900.23 0.40%

Finance 34,166.78 4.73%

Edelweiss Capital Ltd. 2,202,200 9,701.79 1.34%

Rural Electrification Corporation Ltd. 3,407,052 8,539.78 1.18%

Bajaj Holdings and Investment Ltd. 1,164,999 7,038.34 0.97%

Indiabulls Financial Services Ltd. 4,693,908 4,933.30 0.68%

Shriram Transport Finance Company Ltd. 750,701 3,953.57 0.55%

Hardware 2,230.22 0.31%

Moser Baer India Ltd. 3,055,099 2,230.22 0.31%

Industrial Capital Goods 36,244.75 5.01%

BEML Ltd. 1,041,434 10,930.89 1.51%

Crompton Greaves Ltd. 4,166,736 10,873.10 1.50%

Texmaco Ltd. 5,142,060 7,322.29 1.01%

AIA Engineering Ltd. 1,775,400 7,118.47 0.98%

Industrial Products 34,383.65 4.76%

Jain Irrigation Systems Ltd. 1,250,244 12,009.84 1.66%

Sintex Industries Ltd. 3,628,953 10,723.56 1.48%

Greaves Cotton Ltd. 2,975,704 8,692.03 1.20%

HEG Ltd. 878,724 2,958.22 0.41%

Media & Entertainment 24,856.28 3.44%

Zee Entertainment Enterprises Ltd. 5,748,733 15,420.98 2.13%

HT Media Ltd. 6,768,509 9,435.30 1.31%

Minerals/Mining 13,708.53 1.90%

Gujarat Mineral Development Corporation Ltd. 8,795,748 12,481.17 1.73%

Ashapura Minechemical Ltd. 1,899,934 1,227.36 0.17%

Miscellaneous 93.72 0.01%

Welspun Global Brands Ltd. ** 317,664 62.48 0.01%

Welspun Investments Ltd. ** 158,832 31.24 0.00%

Non - Ferrous Metals 8,153.99 1.13%

Hindalco Industries Ltd. 4,498,754 8,153.99 1.13%

Oil 30,502.75 4.22%

Oil & Natural Gas Corporation Ltd. 1,000,000 10,987.00 1.52%

Cairn India Ltd. 3,224,250 9,854.92 1.36%

Shiv-Vani Oil & Gas Exploration Services Ltd. 2,221,902 9,660.83 1.34%

Paper 4,607.80 0.64%

Tamil Nadu Newsprint and Papers Ltd. 5,145,510 4,607.80 0.64%

Pesticides 13,287.66 1.84%

United Phosphorus Ltd. 6,967,018 10,394.79 1.44%

Hikal Ltd. 780,801 2,892.87 0.40%

Petroleum Products 19,052.23 2.64%

Reliance Industries Ltd. 1,773,538 19,052.23 2.64%

Pharmaceuticals 64,635.45 8.94%

Lupin Ltd. 2,067,891 33,651.82 4.65%

Divis Laboratories Ltd. 2,443,814 16,576.39 2.29%Strides Arcolab Ltd. 3,054,399 10,346.78 1.43%

Cipla Ltd. 825,000 2,791.39 0.39%

Themis Medicare Ltd. 639,009 1,269.07 0.18%

Power 13,776.54 1.91%

Reliance Infrastructure Ltd. 750,000 7,492.88 1.04%

NTPC Ltd. 3,031,925 6,283.66 0.87%

Retailing 5,120.28 0.71%

Pantaloon Retail (India) Ltd. 1,298,740 5,120.28 0.71%

Software 41,321.38 5.72%

Infosys Technologies Ltd. 653,904 17,105.80 2.37%

Financial Technologies India Ltd. 829,000 13,003.69 1.80%

HCL Technologies Ltd. 3,128,318 11,211.89 1.55%

Telecom - Equipment & Accessories 7,527.63 1.04%

HCL Infosystem Ltd. 3,928,725 5,343.07 0.74%

Avaya Globalconnect Ltd. 939,798 2,184.56 0.30%

Telecom - Services 10,793.32 1.49%

Bharti Airtel Ltd. 1,776,918 5,553.76 0.77%

Reliance Communications Ltd. 3,083,000 5,239.56 0.72%

Textile Products 5,980.40 0.83%

Bombay Rayon Fashions Ltd. 1,675,178 3,623.41 0.50%

Welspun India Ltd. 2,575,943 2,356.99 0.33%

Textiles - Cotton 17,213.80 2.38%

Bombay Dyeing & Manufacturing Company Ltd. 2,202,957 12,131.68 1.68%Vardhman Textiles Ltd. 1,917,421 5,082.12 0.70%

Trading 11,990.65 1.66%

Adani Enterprises Ltd. ( Including Rights shares) 2,482,603 10,974.86 1.52%

Gujarat Ambuja Exports Ltd. 5,888,660 1,015.79 0.14%

(b) Unlisted

Globsyn Technologies Ltd. **# 200,000 - 0.00%

Total 667,883.33 92.39%

Page 29 of 62



ANNEXURE I

RELIANCE GROWTH FUND



(in Rs. Lacs)

% of Net

Assets

Derivatives

Index / Stock Futures

Tata Motors Ltd. April 2010 Future 99,450 741.55 0.10%

Index / Stock Options

Total 741.55 0.10%

Debt Instruments


Total - 0.00%

(b) Privately placed/ Unlisted

Non Convertible Debentures

14.00% Unitech Ltd. ** #^ F4(IND) by FITCH 119,000 55.81 0.01%

Total 55.81 0.01%

OTHERSFixed Deposits Duration (in Days)

6.00% Bank of Nova Scotia (30/04/2010) 31 50,000,000 500.00 0.07%

Margin Deposits

5.25% ICICI Bank Ltd. (02/08/2010) 181 630,000,000 6,300.00 0.87%

5.50% ICICI Bank Ltd. (15/08/2010) 181 150,000,000 1,500.00 0.21%

3.00% ICICI Bank Ltd. (16/04/2010) 91 100,000,000 1,000.00 0.14%

3.00% ICICI Bank Ltd. (20/04/2010) 91 90,000,000 900.00 0.12%

5.00% ICICI Bank Ltd. (22/06/2010) 91 50,000,000 500.00 0.07%

3.00% ICICI Bank Ltd. (14/04/2010) 91 30,000,000 300.00 0.04%

CCIL Margin Deposit 150,000,000 1,500.00 0.21%

CBLO/REPO

Repo Transaction 46,813.06 6.48%

Total 59,313.06 8.20%

Net Receivables/Payables (5,066.85) -0.70%

GRAND TOTAL 722,926.90 100.00%

** Non Traded Security

# Unlisted Security

$ Less Than 0.01% of NAV

^ NPA

Page 30 of 62



ANNEXURE I

RELIANCE VISION FUND



(in Rs. Lacs)

% of Net

Assets



Equity Shares

Auto 22,724.80 6.10%


Ashok Leyland Ltd. 15,222,100 8,493.93 2.28%

Tata Motors Ltd. 279,085 2,114.63 0.57%

Auto Ancillaries 7,615.57 2.04%

Automotive Axles Ltd. 1,356,761 5,471.14 1.47%

Sundaram Fasteners Ltd. 4,155,864 2,144.43 0.58%

Banks 55,554.48 14.92%State Bank of India 1,490,188 30,969.09 8.32%

ICICI Bank Ltd. 1,502,203 14,308.48 3.84%

Canara Bank 1,364,248 5,596.15 1.50%

Union Bank of India 1,601,354 4,680.76 1.26%

Cement 5,233.67 1.41%

Jaiprakash Associates Ltd. 3,499,612 5,233.67 1.41%


Larsen & Toubro Ltd. 1,000,000 16,308.50 4.38%


United Spirits Ltd. 707,900 9,354.19 2.51%

ITC Ltd. 2,845,000 7,483.77 2.01%


Tata Steel Ltd. 2,500,000 15,801.25 4.24%

Finance 8,151.60 2.19%

Housing Development Finance Corporation Ltd. 300,000 8,151.60 2.19%

Gas 4,106.00 1.10%

GAIL (India) Ltd. 1,000,000 4,106.00 1.10%


Siemens Ltd. 1,800,191 13,324.11 3.58%

ABB Ltd. 900,000 7,470.00 2.01%

Industrial Products 11,150.15 2.99%Bharat Forge Ltd. 2,757,300 7,013.19 1.88%

Mahindra Forgings Ltd. 3,662,650 4,136.96 1.11%

Oil 13,186.10 3.54%




Bharat Petroleum Corporation Ltd. 1,084,690 5,619.24 1.51%


Divis Laboratories Ltd. 2,753,923 18,679.86 5.02%

Cadila Healthcare Ltd. 1,784,507 14,786.43 3.97%

Aventis Pharma Ltd. 699,816 12,611.03 3.39%

Ranbaxy Laboratories Ltd. 2,482,800 11,803.23 3.17%

Glaxosmithkline Pharmaceuticals Ltd. 550,000 9,779.00 2.63%

Power 16,098.41 4.32%


NTPC Ltd. 3,000,000 6,217.50 1.67%

Retailing 4,531.47 1.22%

Pantaloon Retail (India) Ltd. 1,149,391 4,531.47 1.22%

Software 31,226.85 8.39%


Infosys Technologies Ltd. 400,945 10,488.52 2.82%Tata Consultancy Services Ltd. 1,250,000 9,758.13 2.62%




Transportation 365.98 0.10%

Kingfisher Airlines Ltd. 782,000 365.98 0.10%

Warrants

Finance 3,969.75 1.07%

Housing Development Finance Corporation Ltd. (Warrant) 999,936 3,969.75 1.07%

(b) Unlisted

Total 354,722.30 95.25%

Derivatives


Tata Motors Ltd. April 2010 Future 1,235,050 9,209.15 2.47%

Reliance Industries Ltd. April 2010 Future 442,200 4,777.97 1.28%

NTPC Ltd. April 2010 Future 999,375 2,075.70 0.56%

Union Bank of India April 2010 Future 539,700 1,578.08 0.42%

Kingfisher Airlines Ltd. April 2010 Future (782,000) (368.32) -0.10%


Total 17,272.58 4.64%

Debt Instruments(a) Listed/ awaiting listing on Stock Exchange

Total - 0.00%



6.00% Indian Hotels Company Ltd. ** # LAA+ by ICRA 750,246 737.28 0.20%

Total 737.28 0.20%

OTHERS

Margin Deposits Duration (in Days)

5.25% ICICI Bank Ltd. (02/08/2010) 181 300,000,000 3,000.00 0.81%

3.00% ICICI Bank Ltd. (20/04/2010) 91 270,000,000 2,700.00 0.73%

3.00% ICICI Bank Ltd. (14/04/2010) 91 250,000,000 2,500.00 0.67%

5.75% ICICI Bank Ltd. (31/08/2010) 181 80,000,000 800.00 0.21%

CCIL Margin Deposit 20,000,000 200.00 0.05%

CBLO/REPO


Total 22,334.41 6.00%


GRAND TOTAL 372,399.77 100.00%


# Unlisted Security

Page 31 of 62



ANNEXURE I

RELIANCE BANKING FUND



(in Rs. Lacs)

% of Net

Assets



Equity Shares

Banks 86,976.83 83.84%

ICICI Bank Ltd. 1,533,416 14,605.79 14.08%

State Bank of India 700,546 14,558.75 14.03%

Bank of Baroda 1,501,515 9,595.43 9.25%

Canara Bank 2,321,168 9,521.43 9.18%

Oriental Bank of Commerce 2,405,400 7,720.13 7.44%Corporation Bank 1,375,815 6,611.48 6.37%

Andhra Bank Ltd. 4,636,707 5,016.92 4.84%

HDFC Bank Ltd. 253,627 4,903.88 4.73%

ING Vysya Bank Ltd. 1,166,104 3,221.95 3.11%

Federal Bank Ltd. 1,152,870 3,076.43 2.97%

Kotak Mahindra Bank Ltd. 327,244 2,448.28 2.36%

Punjab National Bank 208,355 2,110.12 2.03%

Jammu & Kashmir Bank Ltd. 230,141 1,568.87 1.51%

Dhanalaxmi Bank Ltd. 733,998 976.95 0.94%

Karur Vysya Bank Ltd. 210,000 966.74 0.93%

State Bank of Mysore 11,619 73.68 0.07%

Finance 10,342.28 9.97%

Bajaj Auto Finance Ltd. 1,411,226 4,520.86 4.36%

Shriram Transport Finance Company Ltd. 555,000 2,922.91 2.82%

Reliance Capital Ltd. 200,000 1,512.10 1.46%


(b) Unlisted

Total 97,319.11 93.81%

OTHERS


5.25% ICICI Bank Ltd. (02/08/2010) 181 180,000,000 1,800.00 1.74%3.00% ICICI Bank Ltd. (10/04/2010) 91 80,000,000 800.00 0.77%

CBLO/REPO


Total 5,705.51 5.50%

Net Receivables/Payables 720.89 0.69%

GRAND TOTAL 103,745.51 100.00%

Page 32 of 62



ANNEXURE I

RELIANCE DIVERSIFIED POWER SECTOR FUND



(in Rs. Lacs)

% of Net

Assets



Equity Shares

Banks 28,752.15 5.18%

ICICI Bank Ltd. 2,472,718 23,552.64 4.24%


Cement 21,718.44 3.91%



Larsen & Toubro Ltd. 974,800 15,897.53 2.86%

Punj Lloyd Ltd. 4,795,689 8,502.76 1.53%

Shriram EPC Ltd. 1,813,807 3,718.30 0.67%

Gammon India Ltd. 1,440,100 3,390.72 0.61%

Consumer Durables 11,277.39 2.03%

Bajaj Electricals Ltd. 5,073,050 11,277.39 2.03%


Jindal Steel & Power Ltd. 3,467,376 24,379.12 4.39%

JSL Ltd. 9,668,431 10,456.41 1.88%

Prakash Industries Ltd. 2,759,383 6,131.35 1.10%

Jai Balaji Industries Ltd. 1,606,283 3,831.79 0.69%

Finance 24,379.56 4.39%

Rural Electrification Corporation Ltd. 6,623,984 16,603.02 2.99%

Infrastructure Development Finance Company Ltd. 4,831,650 7,776.54 1.40%


Siemens Ltd. 2,389,862 17,688.56 3.18%

Crompton Greaves Ltd. 5,597,396 14,606.40 2.63%

ABB Ltd. 1,629,388 13,523.92 2.43%

Sterlite Technologies Ltd. 13,181,320 11,632.51 2.09%

BGR Energy Systems Ltd. 1,745,786 9,377.49 1.69%

Thermax India Ltd. 1,149,100 7,836.29 1.41%

Alstom Projects India Ltd. 1,077,877 6,732.96 1.21%Voltamp Transformers Ltd. 637,957 5,413.70 0.97%

Apar Industries Ltd. 1,914,238 3,778.71 0.68%

Areva T & D India Ltd. 1,116,987 3,406.81 0.61%

Emco Ltd. 3,436,005 2,863.91 0.52%

Suzlon Energy Ltd. 3,291,000 2,364.58 0.43%


Cummins India Ltd. 5,412,120 27,780.41 5.00%

Kirloskar Brothers Ltd. 2,879,222 7,501.81 1.35%

Finolex Cables Ltd. 1,991,391 1,031.54 0.19%

Greaves Cotton Ltd. 228,468 667.36 0.12%


Gujarat Mineral Development Corporation Ltd. 1,664,576 2,362.03 0.43%

Miscellaneous 7,219.18 1.30%

Kirloskar Pneumatic Company Ltd. 880,325 3,657.31 0.66%

Kirloskar Brothers Investment Ltd. 191,948 2,500.60 0.45%

Om Metal Infraprojects Ltd. 4,113,441 1,061.27 0.19%


Sterlite Industries Ltd. 1,503,464 12,778.69 2.30%

Oil 18,991.53 3.42%


Petroleum Products 16,090.21 2.90%Reliance Industries Ltd. 812,522 8,728.52 1.57%

Hindustan Petroleum Corporation Ltd. 2,311,000 7,361.69 1.33%

Power 160,542.48 28.90%

Torrent Power Ltd. 11,757,760 33,962.29 6.11%

Reliance Infrastructure Ltd. 2,374,014 23,717.59 4.27%

Tata Power Company Ltd. 1,571,627 21,588.65 3.89%

Adani Power Ltd. 15,660,779 18,166.50 3.27%

PTC India Ltd. 16,046,917 17,980.57 3.24%

NTPC Ltd. 7,135,700 14,788.74 2.66%

KEC International Ltd. 2,323,656 13,595.71 2.45%

Jyoti Structures Ltd. 3,529,600 5,733.84 1.03%

CESC Ltd. 1,059,880 4,056.16 0.73%

JSW Energy Ltd. 3,043,440 3,404.09 0.61%

Reliance Power Ltd. 1,757,000 2,625.84 0.47%

Indiabulls Power Ltd. 3,000,000 922.50 0.17%

Software 42.88 0.01%

KLG Systel Ltd. 36,700 42.88 0.01%

(b) Unlisted

Total 516,669.48 93.01%

Derivatives


Punj Lloyd Ltd. April 2010 Future (109,500) (195.46) -0.04%


Total (195.46) -0.04%

OTHERS

Fixed Deposits Duration (in Days)

4.75% Allahabad Bank (25/04/2010) 30 100,000,000 1,000.00 0.18%

4.00% Punjab National Bank (16/05/2010) 46 50,000,000 500.00 0.09%

Margin Deposits

3.00% ICICI Bank Ltd. (16/04/2010) 91 730,000,000 7,300.00 1.31%

3.00% ICICI Bank Ltd. (20/04/2010) 91 540,000,000 5,400.00 0.97%

5.25% ICICI Bank Ltd. (27/07/2010) 181 100,000,000 1,000.00 0.18%

5.25% ICICI Bank Ltd. (02/08/2010) 181 50,000,000 500.00 0.09%

5.50% ICICI Bank Ltd. (16/08/2010) 181 50,000,000 500.00 0.09%

CCIL Margin Deposit 150,000,000 1,500.00 0.27%

CBLO/REPO


Total 47,601.91 8.57%


GRAND TOTAL 555,484.69 100.00%

Page 33 of 62



ANNEXURE I

RELIANCE PHARMA FUND



(in Rs. Lacs)% of Net Assets



Equity Shares

Healthcare Services 835.33 2.42%

Apollo Hospitals Enterprise Ltd. 114,500 835.33 2.42%


Zydus Wellness Ltd. 676,100 2,595.89 7.54%

Fulford India Ltd. 204,866 1,981.87 5.75%



Cipla Ltd. 800,303 2,707.83 7.86%

Indoco Remedies Ltd. 649,947 2,617.01 7.60%

Ranbaxy Laboratories Ltd. 500,000 2,377.00 6.90%

Divis Laboratories Ltd. 331,111 2,245.93 6.52%

Torrent Pharmaceuticals Ltd. 400,550 2,184.80 6.34%

Lupin Ltd. 130,000 2,115.56 6.14%

Wyeth Ltd. 250,000 2,044.88 5.94%

Cadila Healthcare Ltd. 200,127 1,658.25 4.81%

Sun Pharmaceutical Industries Ltd. 90,000 1,612.80 4.68%

Biocon Ltd. 400,000 1,137.80 3.30%

Glaxosmithkline Pharmaceuticals Ltd. 48,000 853.44 2.48%

Fresenius Kabi Oncology Ltd. 687,000 843.64 2.45%

Sun Pharma Advance Research Company Ltd. 641,476 638.91 1.85%

Aurobindo Pharma Ltd. 50,774 487.13 1.41%

Venus Remedies Ltd. 102,154 262.69 0.76%

Vimta Labs Ltd. 310,313 80.68 0.23%

(b) Unlisted

Total 32,083.16 93.13%

OTHERS

CBLO/REPO


Total 1,731.77 5.03%


GRAND TOTAL 34,449.05 100.00%



ANNEXURE I

RELIANCE MEDIA & ENTERTAINMENT FUND



(in Rs. Lacs)

% of Net

Assets



Equity Shares

Finance 851.72 6.55%

Network 18 Media and Investments Ltd. 755,744 851.72 6.55%


Zee News Ltd. 2,300,000 1,566.30 12.05%

Sun TV Network Ltd. 275,000 1,177.00 9.06%

Jagran Prakashan Ltd. 950,000 1,117.20 8.60%Balaji Telefilms Ltd. 2,146,526 1,096.87 8.44%

Hinduja Ventures Ltd. 334,167 1,058.31 8.14%

Zee Entertainment Enterprises Ltd. 370,000 992.53 7.64%

Television Eighteen India Ltd. 1,249,258 948.19 7.30%

PVR Ltd. 500,000 881.25 6.78%

Dish TV India Ltd. 2,156,386 790.32 6.08%

HT Media Ltd. 474,400 661.31 5.09%

Wire and Wireless India Ltd. 3,000,000 481.50 3.70%

DB Corporation Ltd. 200,000 479.80 3.69%

Prime Focus Ltd. 72,756 175.05 1.35%

ETC Networks Ltd. 45,900 111.12 0.85%

Sri Adhikari Brothers TV Network Ltd. 159,500 43.30 0.33%

IBN18 Broadcast Ltd. ( Partly paid up Shares) 30,000 9.03 0.07%

Software 288.35 2.22%

Info Edge India Ltd. 33,000 288.35 2.22%

Preference Shares

Finance 169.10 1.30%

Network 18 Media and Investments Ltd. 144,802 169.10 1.30%

(b) Unlisted

Total 12,898.25 99.24%

OTHERS

CBLO/REPO

Repo Transaction 146.14 1.12%

Total 146.14 1.12%

Net Receivables/Payables (47.52) -0.37%

GRAND TOTAL 12,996.87 100.00%

Page 35 of 62



ANNEXURE I

RELIANCE QUANT PLUS FUND



(in Rs. Lacs)

% of Net

Assets



Equity Shares

Auto 171.67 2.67%

Maruti Suzuki India Ltd. 12,000 170.15 2.64%

Tata Motors Ltd. 200 1.52 0.02%

Banks 1,223.76 19.02%

ICICI Bank Ltd. 48,000 457.20 7.10%

State Bank of India 22,000 457.20 7.10%HDFC Bank Ltd. 16,000 309.36 4.81%

Cement 168.89 2.62%

Grasim Industries Ltd. 6,000 168.89 2.62%

Construction Project 489.26 7.60%

Larsen & Toubro Ltd. 30,000 489.26 7.60%

Consumer Non Durables 394.58 6.13%

ITC Ltd. 150,000 394.58 6.13%

Ferrous Metals 252.82 3.93%

Tata Steel Ltd. 40,000 252.82 3.93%

Finance 326.06 5.07%

Housing Development Finance Corporation Ltd. 12,000 326.06 5.07%

Industrial Capital Goods 286.88 4.46%

Bharat Heavy Electricals Ltd. 12,000 286.88 4.46%

Non - Ferrous Metals 212.49 3.30%

Sterlite Industries Ltd. 25,000 212.49 3.30%

Oil 494.42 7.68%

Oil & Natural Gas Corporation Ltd. 45,000 494.42 7.68%

Petroleum Products 687.52 10.68%

Reliance Industries Ltd. 64,000 687.52 10.68%

Pharmaceuticals 162.41 2.52%

Cipla Ltd. 48,000 162.41 2.52%Power 305.30 4.74%

NTPC Ltd. 75,000 155.44 2.42%

Reliance Infrastructure Ltd. 15,000 149.86 2.33%

Software 859.28 13.35%

Infosys Technologies Ltd. 23,000 601.67 9.35%

Tata Consultancy Services Ltd. 33,000 257.61 4.00%

Telecom - Services 156.28 2.43%

Bharti Airtel Ltd. 50,000 156.28 2.43%

(b) Unlisted

Total 6,191.62 96.22%

Derivatives


Tata Motors Ltd. April 2010 Future 23,800 177.46 2.76%


Total 177.46 2.76%

OTHERS

CBLO/REPO


Total 125.38 1.95%


GRAND TOTAL 6,435.09 100.00%

Page 36 of 62



ANNEXURE I

RELIANCE BANKING EXCHANGE TRADED FUND



(in Rs. Lacs)

% of Net

Assets



Equity Shares

Banks 1,310.05 99.42%

ICICI Bank Ltd. 46,007 438.22 33.26%

HDFC Bank Ltd. 14,348 277.42 21.05%

State Bank of India 10,637 221.06 16.78%

Axis Bank Ltd. 10,180 118.93 9.03%

Punjab National Bank 5,492 55.62 4.22%Kotak Mahindra Bank Ltd. 6,665 49.86 3.78%

Bank of Baroda 6,946 44.39 3.37%

Union Bank of India 9,293 27.16 2.06%

Bank of India 7,703 26.21 1.99%

Canara Bank 4,541 18.63 1.41%

IDBI Bank Ltd. 14,161 16.29 1.24%

Oriental Bank of Commerce 5,067 16.26 1.23%

(b) Unlisted

Total 1,310.05 99.42%

OTHERS

CBLO/REPO


Total 5.06 0.38%


GRAND TOTAL 1,317.67 100.00%

Page 37 of 62



ANNEXURE I

RELIANCE EQUITY OPPORTUNITIES FUND



(in Rs. Lacs)

% of Net

Assets



Equity Shares

Auto 9,562.03 4.73%


Escorts Ltd. 1,000,000 1,490.00 0.74%


Motherson Sumi Systems Ltd. 1,344,900 1,667.00 0.82%

Banks 16,928.60 8.38%State Bank of India 425,000 8,832.35 4.37%

ICICI Bank Ltd. 850,000 8,096.25 4.01%

Cement 6,692.18 3.31%

Rain Commodities Ltd. 3,247,843 6,692.18 3.31%

Chemicals 1,350.60 0.67%

Pidilite Industries Ltd. 1,172,400 1,350.60 0.67%


Phoenix Mills Ltd. 1,713,200 3,183.98 1.58%




Jubilant Foodworks Ltd. 558,100 1,750.20 0.87%

Finance 4,075.80 2.02%



Siemens Ltd. 457,088 3,383.14 1.67%



Mahindra Forgings Ltd. 2,969,840 3,354.43 1.66%Kirloskar Oil Engines Ltd. 1,385,228 2,305.71 1.14%


Zee News Ltd. 6,390,900 4,352.20 2.15%


PVR Ltd. 1,373,900 2,421.50 1.20%

ETC Networks Ltd. 731,686 1,771.41 0.88%

Hathway Cable and Datacom Ltd. 445,475 924.36 0.46%


Nava Bharat Ventures Ltd. 1,107,869 4,433.14 2.19%


Indian Metal & Ferro Alloys Ltd. 1,250,000 9,238.13 4.57%


Reliance Industries Ltd. 800,000 8,594.00 4.25%




Unichem Laboratories Ltd. 1,145,790 5,025.43 2.49%

Lupin Ltd. 183,550 2,987.00 1.48%

Piramal Life Sciences Ltd. 1,781,741 2,318.05 1.15%Wyeth Ltd. 123,958 1,013.91 0.50%

Indoco Remedies Ltd. 173,452 698.40 0.35%

Power 5,776.59 2.86%


Retailing 17,385.45 8.60%

Trent Ltd. 1,167,572 9,383.19 4.64%

Shoppers Stop Ltd. 1,760,419 7,070.72 3.50%

Pantaloon Retail (India) Ltd. 361,063 931.54 0.46%

Software 21,516.09 10.65%

Tata Consultancy Services Ltd. 800,000 6,245.20 3.09%

Info Edge India Ltd. 499,551 4,365.08 2.16%



3I Infotech Ltd. 2,950,000 2,314.28 1.15%

R Systems International Ltd. 700,000 725.20 0.36%


HCL Infosystem Ltd. 2,004,362 2,725.93 1.35%


Bharti Airtel Ltd. 1,275,000 3,985.01 1.97%Reliance Communications Ltd. 500,000 849.75 0.42%

Transportation 9,265.48 4.58%

Cox and Kings India Ltd. 1,924,895 9,265.48 4.58%

Warrants

Finance 2,779.00 1.38%

Housing Development Finance Corporation Ltd. (Warrant) 700,000 2,779.00 1.38%

(b) Unlisted

Total 200,386.88 99.16%

Debt Instruments


Total - 0.00%



6.00% Indian Hotels Company Ltd. ** # LAA+ by ICRA 250,014 245.69 0.12%

Total 245.69 0.12%

OTHERS

CBLO/REPO


Total 1,979.07 0.98%Net Receivables/Payables (528.65) -0.26%

GRAND TOTAL 202,082.99 100.00%


# Unlisted Security

Page 38 of 62



ANNEXURE I

RELIANCE TAX SAVER (ELSS) FUND






Equity Shares

Auto 10,159.33 4.63%

Eicher Motors Ltd. 1,108,588 7,220.79 3.29%

Swaraj Mazda Ltd. 1,263,345 2,938.54 1.34%


Federal Mogal Goetze Ltd. 3,167,100 4,334.18 1.97%

Motherson Sumi Systems Ltd. 2,180,000 2,702.11 1.23%Asahi India Glass Ltd. 2,497,000 1,479.47 0.67%

Rico Auto Industries Ltd. 4,586,831 1,093.96 0.50%

Banks 29,870.80 13.61%


ICICI Bank Ltd. 900,000 8,572.50 3.91%

HDFC Bank Ltd. 250,000 4,833.75 2.20%

Bank of Baroda 300,000 1,917.15 0.87%

Cement 10,691.17 4.87%


Madras Cements Ltd. 3,867,900 4,709.17 2.15%

Chemicals 1,152.00 0.52%



Sobha Developers Ltd. 1,403,225 3,863.08 1.76%


Gammon India Ltd. 1,780,659 4,192.56 1.91%


Triveni Engineering and Industries Ltd. 4,808,100 6,565.46 2.99%

ITC Ltd. 2,070,000 5,445.14 2.48%

United Spirits Ltd. 338,000 4,466.33 2.03%Century Plyboard India Ltd. 3,378,935 1,878.69 0.86%


Tata Steel Ltd. 1,000,000 6,320.50 2.88%

Finance 5,153.56 2.35%

Power Finance Corporation Ltd. 999,089 2,581.15 1.18%

Bajaj Auto Finance Ltd. 803,000 2,572.41 1.17%


Siemens Ltd. 907,939 6,720.11 3.06%

ABB Ltd. 694,504 5,764.38 2.63%



KSB Pumps Ltd. 711,700 3,251.40 1.48%

Swaraj Engines Ltd. 1,113,491 3,228.57 1.47%

Ramkrishna Forgings Ltd. 1,395,894 1,661.11 0.76%



IBN18 Broadcast Ltd. 2,100,000 1,944.60 0.89%

IBN18 Broadcast Ltd. ( Partly paid up Shares ) 600,000 180.60 0.08%


Indian Metal & Ferro Alloys Ltd. 1,250,000 9,238.13 4.21%

Fairfield Atlas Ltd. 2,310,368 869.85 0.40%

Oil 4,755.12 2.17%

Oil India Ltd. 411,788 4,755.12 2.17%



Indian Oil Corporation Ltd. 663,000 1,960.82 0.89%

Hindustan Petroleum Corporation Ltd. 499,500 1,591.16 0.72%


Cipla Ltd. 2,000,000 6,767.00 3.08%



Glenmark Pharmaceuticals Ltd. 738,650 1,983.64 0.90%

Power 12,800.25 5.83%

NTPC Ltd. 3,917,187 8,118.37 3.70%


Adani Power Ltd. 1,048,000 1,215.68 0.55%

Retailing 3,724.53 1.70%

Shoppers Stop Ltd. 500,000 2,008.25 0.91%

Trent Ltd. 213,561 1,716.28 0.78%

Software 12,585.27 5.73%

Info Edge India Ltd. 481,451 4,206.92 1.92%Tata Consultancy Services Ltd. 500,000 3,903.25 1.78%

Infotech Enterprises Ltd. 773,128 2,851.68 1.30%

Aurionpro Solutions Ltd. 489,720 1,623.42 0.74%

Textile Products 490.50 0.22%

Grabal Alok Impex Ltd. 1,000,000 490.50 0.22%

Textiles - Cotton 320.78 0.15%

Delta Corporation Ltd. 927,100 320.78 0.15%


Mercator Lines Ltd. 5,200,808 2,894.25 1.32%

Cox and Kings India Ltd. 513,350 2,471.01 1.13%

Kingfisher Airlines Ltd. 2,353,000 1,101.20 0.50%

(b) Unlisted

Total 213,128.75 97.09%

OTHERS

CBLO/REPO


Total 4,578.28 2.09%

Net Receivables/Payables 1,815.39 0.83%

GRAND TOTAL 219,522.42 100.00%

Page 39 of 62



ANNEXURE I

RELIANCE EQUITY FUND



(in Rs. Lacs)

% of Net

Assets



Equity Shares

Auto 12,297.15 5.97%


Mahindra & Mahindra Ltd. 700,000 3,789.45 1.84%

Banks 22,080.80 10.72%


ICICI Bank Ltd. 900,000 8,572.50 4.16%

Construction 1,431.75 0.69%Housing Development & Infrastructure Ltd. 500,000 1,431.75 0.69%


Punj Lloyd Ltd. 3,500,000 6,205.50 3.01%




Tata Steel Ltd. 500,000 3,160.25 1.53%

Jindal Steel & Power Ltd. 400,000 2,812.40 1.36%

Finance 7,010.46 3.40%


Reliance Capital Ltd. 288,600 2,181.96 1.06%




Sterlite Industries Ltd. 890,000 7,564.56 3.67%

Oil 13,542.23 6.57%


Cairn India Ltd. 836,000 2,555.23 1.24%

Petroleum Products 13,930.38 6.76%Reliance Industries Ltd. 1,000,222 10,744.88 5.21%




Cipla Ltd. 1,700,000 5,751.95 2.79%

Power 11,337.27 5.50%


NTPC Ltd. 1,000,000 2,072.50 1.01%

Retailing 3,064.56 1.49%

Pantaloon Retail (India) Ltd. 818,144 3,064.56 1.49%

Software 27,301.13 13.25%

Tata Consultancy Services Ltd. 1,500,000 11,709.75 5.68%






Mahanagar Telephone Nigam Ltd. 2,000,000 1,464.00 0.71%

(b) UnlistedTotal 177,065.80 85.93%

Derivatives


NIFTY April 2010 Future (300,000) (15,784.80) -7.66%


NIFTY 5200 Put April 2010 Option 300,000 247.95 0.12%



NIFTY 5600 Call April 2010 Option (250,000) (17.13) -0.01%



Total (15,634.95) -7.59%

OTHERS


5.50% ICICI Bank Ltd. (10/06/2010) 91 1,000,000,000 10,000.00 4.85%

CBLO/REPO


Total 24,687.18 11.98%

Net Receivables/Payables 19,941.03 9.68%GRAND TOTAL 206,059.06 100.00%

Page 40 of 62



ANNEXURE I

RELIANCE LONG TERM EQUITY FUND






Equity Shares

Auto Ancillaries 372.60 0.22%

Lakshmi Precision Screws Ltd. 900,000 372.60 0.22%

Banks 17,543.43 10.20%

Corporation Bank 1,468,200 7,055.44 4.10%

Bank of Baroda 799,946 5,112.05 2.97%

Karnataka Bank Ltd. 2,578,214 3,093.86 1.80%

Andhra Bank Ltd. 2,109,133 2,282.08 1.33%

Cement 10,190.97 5.93%

India Cements Ltd. 3,433,023 4,523.01 2.63%


Everest Industries Ltd. 1,176,648 2,062.08 1.20%


ERA Infra Engineering Ltd. 2,000,000 4,464.00 2.60%


Nitco Ltd. 2,159,203 1,096.88 0.64%

J Kumar Infraprojects Ltd. 297,361 598.29 0.35%

Consumer Durables 2,859.19 1.66%

Tube Investments of India Ltd. 3,777,000 2,859.19 1.66%


CCL Products India Ltd. 1,242,085 2,838.79 1.65%

Nirma Ltd. 1,333,642 2,422.56 1.41%


Bata India Ltd. 227,459 518.83 0.30%


JSL Ltd. 5,083,949 5,498.29 3.20%

PSL Ltd. 1,640,503 2,253.23 1.31%

Man Industries India Ltd. 992,111 766.90 0.45%


Gujarat Narmada Valley Fertilisers Company Ltd. 4,287,390 4,819.03 2.80%

Finance 2,142.78 1.25%

Sundaram Finance Ltd. 568,000 2,142.78 1.25%

Hotels 6,555.69 3.81%

Oriental Hotels Ltd. 1,352,106 3,988.04 2.32%

EIH Ltd. 2,127,300 2,567.65 1.49%


Lakshmi Machine Works Ltd. 203,000 3,677.85 2.14%

Zicom Electronic Security Systems 988,070 953.49 0.55%

Manugraph India Ltd. 1,830,853 853.18 0.50%


Greaves Cotton Ltd. 1,476,102 4,311.69 2.51%

Sintex Industries Ltd. 1,079,000 3,188.45 1.85%

Kirloskar Oil Engines Ltd. 1,852,400 3,083.32 1.79%

Time Technoplast Ltd. 5,000,000 2,312.50 1.34%

Essel Propack Ltd. 4,720,950 2,034.73 1.18%

FAG Bearings India Ltd. 365,276 1,916.60 1.11%

Ador Welding Ltd. 689,220 1,161.68 0.68%



T.V. Today Network Ltd. 849,218 948.58 0.55%


Wabco TVS India Ltd. 968,900 6,835.59 3.98%

Sarda Energy and Minerals Ltd. 1,058,184 2,010.55 1.17%

Gulf Oil Corporation Ltd. 1,931,909 1,595.76 0.93%

Vikas WSP Ltd. 3,678,600 1,199.22 0.70%

Oil 1,742.46 1.01%

SEAMEC Ltd. 909,900 1,742.46 1.01%

Pesticides 10,206.67 5.94%

Rallis India Ltd. 575,000 7,153.58 4.16%



Piramal Healthcare Ltd. 1,745,430 7,413.71 4.31%

Unichem Laboratories Ltd. 1,118,669 4,906.48 2.85%


Abbott India Ltd. 306,364 2,706.73 1.57%

Power 3,496.68 2.03%


Software 8,879.66 5.16%

3I Infotech Ltd. 5,900,000 4,628.55 2.69%

Mindtree Ltd. 397,800 2,368.90 1.38%

KPIT Cummins Infosystem Ltd. 971,600 1,123.17 0.65%

Take Solutions Ltd. 3,136,540 759.04 0.44%


Astra Microwave Products Ltd. 3,791,763 2,538.59 1.48%



House of Pearl Fashions Ltd. 1,384,874 1,091.28 0.63%

Textiles - Cotton 432.50 0.25%

Delta Corporation Ltd. 1,250,000 432.50 0.25%

Textiles - Synthetic 664.10 0.39%

Nahar Spinning Mills Ltd. 870,379 664.10 0.39%

Trading 5,439.00 3.16%

Adani Enterprises Ltd. ( includings Rights shares) 1,230,347 5,439.00 3.16%

(b) Unlisted

Total 168,690.32 98.10%

OTHERSMargin Deposits Duration (in Days)

3.00% ICICI Bank Ltd. (16/04/2010) 91 200,000,000 2,000.00 1.16%

CBLO/REPO


Total 5,105.43 2.97%


GRAND TOTAL 171,953.05 100.00%

Page 41 of 62



ANNEXURE I

RELIANCE EQUITY ADVANTAGE FUND



(in Rs. Lacs)

% of Net

Assets



Equity Shares

Auto 6,307.08 4.20%



Tata Motors Ltd. 50,000 378.85 0.25%

Banks 25,552.87 17.01%

ICICI Bank Ltd. 1,200,000 11,430.00 7.61%

State Bank of India 350,000 7,273.70 4.84%HDFC Bank Ltd. 354,237 6,849.17 4.56%

Cement 3,341.85 2.22%

Grasim Industries Ltd. 100,000 2,814.85 1.87%

India Cements Ltd. 400,000 527.00 0.35%

Chemicals 1,347.84 0.90%



DLF Ltd. 600,000 1,853.40 1.23%




ITC Ltd. 2,826,367 7,434.76 4.95%

Diversified 474.31 0.32%

Hindustan UniLever Ltd. 198,000 474.31 0.32%


Tata Steel Ltd. 950,172 6,005.56 4.00%

Finance 9,960.37 6.63%




Siemens Ltd. 862,080 6,380.69 4.25%ABB Ltd. 243,806 2,023.59 1.35%


Kirloskar Oil Engines Ltd. 1,212,000 2,017.37 1.34%

Graphite India Ltd. 615,500 545.95 0.36%

Minerals/Mining 617.03 0.41%

Nava Bharat Ventures Ltd. 154,200 617.03 0.41%



Hindalco Industries Ltd. 288,920 523.67 0.35%

Oil 5,493.50 3.66%

Oil & Natural Gas Corporation Ltd. 500,000 5,493.50 3.66%



Bharat Petroleum Corporation Ltd. 750,000 3,885.38 2.59%

Hindustan Petroleum Corporation Ltd. 871,500 2,776.16 1.85%

Indian Oil Corporation Ltd. 798,530 2,361.65 1.57%


Ranbaxy Laboratories Ltd. 345,000 1,640.13 1.09%

Cipla Ltd. 345,000 1,167.31 0.78%

Divis Laboratories Ltd. 166,628 1,130.24 0.75%Power 8,152.52 5.43%


Torrent Power Ltd. 368,000 1,062.97 0.71%

Software 18,835.97 12.54%



Sasken Communication Technologies Ltd. 1,010,000 1,733.67 1.15%

HCL Technologies Ltd. 400,452 1,435.22 0.96%

KPIT Cummins Infosystem Ltd. 846,200 978.21 0.65%




Idea Cellular Ltd. 287,000 187.99 0.13%

Warrants

(b) Unlisted

Total 149,355.59 99.40%

Derivatives


Tata Motors Ltd. April 2010 Future 199,750 1,489.44 0.99%


Total 1,489.44 0.99%OTHERS


5.75% ICICI Bank Ltd. (23/08/2010) 181 140,000,000 1,400.00 0.93%

CBLO/REPO


Total 3,137.11 2.09%


GRAND TOTAL 150,250.65 100.00%

Page 42 of 62



ANNEXURE I

RELIANCE NATURAL RESOURCES FUND



(in Rs. Lacs)

% of Net

Assets



Equity Shares


Punj Lloyd Ltd. 6,627,531 11,750.61 3.03%



Advanta India Ltd. 948,642 5,821.34 1.50%

Balrampur Chini Mills Ltd. 4,000,000 3,690.00 0.95%

Shree Renuka Sugars Ltd. 3,000,000 2,139.00 0.55%

Bajaj Hindustan Ltd. 664,900 902.27 0.23%


Tata Steel Ltd. 2,300,836 14,542.43 3.75%

Jindal Saw Ltd. 3,540,990 7,521.06 1.94%

Monnet Ispat Ltd. 1,663,135 7,080.80 1.82%

Usha Martin Ltd. 3,361,224 3,415.00 0.88%

Jindal Steel & Power Ltd. 400,000 2,812.40 0.72%


Gujarat State Fertilizers & Chemicals Ltd. 3,055,624 6,762.10 1.74%

Gujarat Narmada Valley Fertilisers Company Ltd. 5,850,589 6,576.06 1.69%

Gas 7,454.45 1.92%

GAIL (India) Ltd. 1,500,000 6,159.00 1.59%

Gujarat State Petronet Ltd. 1,476,300 1,295.45 0.33%


BEML Ltd. 993,789 10,430.81 2.69%



NMDC Ltd. 1,000,000 2,944.00 0.76%



Oil 30,384.03 7.83%Oil & Natural Gas Corporation Ltd. 1,858,100 20,414.94 5.26%

Cairn India Ltd. 2,506,000 7,659.59 1.97%

Oil India Ltd. 200,000 2,309.50 0.60%

Pesticides 12,851.28 3.31%


Monsanto India Ltd. 141,826 2,407.28 0.62%




Bharat Petroleum Corporation Ltd. 2,177,687 11,281.51 2.91%

Indian Oil Corporation Ltd. 2,167,115 6,409.24 1.65%

Power 27,677.92 7.13%

NTPC Ltd. 5,000,000 10,362.50 2.67%


Tata Power Company Ltd. 382,480 5,253.94 1.35%

Adani Power Ltd. 2,000,000 2,320.00 0.60%

Warrants

(b) Unlisted

Total 250,126.87 64.44%

Foreign Securities/Overseas ETFsAluminum 8,448.91 2.18%

ALCOA Inc. 1,299,800 8,448.91 2.18%

Energy 25,599.05 6.60%

Royal Dutch Shell Plc 700,000 9,048.36 2.33%

BP PLC 2,000,000 8,490.49 2.19%

Valero Energy Corporation Ltd. 900,000 8,060.20 2.08%

Industrials 5,134.76 1.32%

Caterpillar INC 180,101 5,134.76 1.32%

Materials 43,859.93 11.30%

Potash Corporation of Saskatchewan Incorporated 300,000 16,276.13 4.19%

Arcellor Mittal 500,000 9,865.22 2.54%

Agnico Eagle Mines Ltd. 250,000 6,199.98 1.60%

CSX Corporation 250,000 5,792.59 1.49%

Newmont Mining Corporation 250,000 5,726.01 1.48%

Mining and materials 17,265.92 4.45%

Peabody Energy Corporation 450,000 9,276.95 2.39%

Xstrata Ord 500,000 4,184.02 1.08%

Macarthur Coal Ltd. 658,389 3,804.95 0.98%

Steel 5,757.16 1.48%

United States Steel Corporation 200,000 5,757.16 1.48%

ADRTenaris SA 200,000 3,891.97 1.00%

Overseas ETFs

Market Vectors Agribusiness - ETF 700,000 14,332.85 3.69%

Total 124,290.55 32.02%

Derivatives


GAIL (India) Ltd. April 2010 Future 499,500 2,052.95 0.53%


Total 2,052.95 0.53%

OTHERS


5.50% ICICI Bank Ltd. (04/06/2010) 91 500,000,000 5,000.00 1.29%

CBLO/REPO


Total 8,957.25 2.31%

Net Receivables/Payables 2,702.55 0.70%

GRAND TOTAL 388,130.17 100.00%

Page 43 of 62



ANNEXURE I

RELIANCE INFRASTRUCTURE FUND






Equity Shares

Banks 15,609.79 7.41%

ICICI Bank Ltd. 893,025 8,506.06 4.04%


Yes Bank Ltd. 1,144,600 2,932.47 1.39%

Cement 9,191.48 4.36%Jaiprakash Associates Ltd. 5,250,000 7,851.38 3.73%

Madras Cements Ltd. 1,100,700 1,340.10 0.64%


ERA Infra Engineering Ltd. 5,000,000 11,160.00 5.30%


Subhash Projects & Marketing Ltd. 3,080,796 4,363.95 2.07%

Gayatri Projects Ltd. 1,000,000 3,842.50 1.82%

MBL Infrastructures Ltd. 1,374,956 3,110.15 1.48%

Godrej Properties Ltd. 606,418 3,102.13 1.47%

IVRCL Infrastructures & Projects Ltd. 1,692,400 2,809.38 1.33%

Tantia Constructions Ltd. 1,018,900 1,215.55 0.58%

Supreme Infrastructure India Ltd. 337,085 622.09 0.30%


Hindustan Construction Company Ltd. 5,838,900 7,829.96 3.72%


Nagarjuna Construction Company Ltd. 3,336,100 5,426.17 2.58%

Punj Lloyd Ltd. 2,318,300 4,110.35 1.95%


Jindal Saw Ltd. 3,141,555 6,672.66 3.17%Jindal Steel & Power Ltd. 587,152 4,128.27 1.96%

PSL Ltd. 2,728,600 3,747.73 1.78%

Finance 9,855.13 4.68%


Gas 5,522.57 2.62%

GAIL (India) Ltd. 1,345,000 5,522.57 2.62%


Texmaco Ltd. 2,500,000 3,560.00 1.69%


BEML Ltd. 262,554 2,755.77 1.31%


KSB Pumps Ltd. 849,915 3,882.84 1.84%

Kirloskar Oil Engines Ltd. 666,800 1,109.89 0.53%


Diamond Power Infrastructure Ltd. 1,030,666 1,253.29 0.59%



Hindustan Zinc Ltd. 100,000 1,204.35 0.57%

Oil 5,794.92 2.75%Oil & Natural Gas Corporation Ltd. 527,434 5,794.92 2.75%



Power 26,740.21 12.69%


NTPC Ltd. 3,099,625 6,423.97 3.05%

Tata Power Company Ltd. 346,943 4,765.78 2.26%

GVK Power & Infrastructure Ltd. 6,000,000 2,691.00 1.28%

Adani Power Ltd. 2,299,744 2,667.70 1.27%

Torrent Power Ltd. 504,400 1,456.96 0.69%

National Hydraulic Power Corporation 2,142,826 652.49 0.31%


IRB Infrastructure Developers Ltd. 1,483,586 3,788.34 1.80%

IL&FS Transportation Networks Ltd. 920,529 2,562.29 1.22%

Warrants

(b) Unlisted

Total 183,050.98 86.90%

OTHERS

Margin Deposits Duration (in Days)3.00% ICICI Bank Ltd. (02/04/2010) 91 500,000,000 5,000.00 2.37%

5.00% ICICI Bank Ltd. (22/06/2010) 91 450,000,000 4,500.00 2.14%

CBLO/REPO


Total 28,399.61 13.48%


GRAND TOTAL 210,640.08 100.00%

Page 44 of 62



ANNEXURE I

RELIANCE EQUITY LINKED SAVING FUND - SERIES I



(in Rs. Lacs)

% of Net

Assets



Equity Shares

Auto 846.50 5.16%

Ashok Leyland Ltd. 1,250,000 697.50 4.25%

Escorts Ltd. 100,000 149.00 0.91%

Banks 2,156.01 13.15%

ICICI Bank Ltd. 100,000 952.50 5.81%


HDFC Bank Ltd. 30,000 580.05 3.54%

Construction 192.17 1.17%

Phoenix Mills Ltd. 103,400 192.17 1.17%


Voltas Ltd. 300,000 529.35 3.23%

Larsen & Toubro Ltd. 30,000 489.26 2.98%

Hindustan Construction Company Ltd. 200,000 268.20 1.63%

Ferrous Metals 400.40 2.44%

Ratnamani Metals & Tubes Ltd. 400,000 400.40 2.44%

Fertilisers 821.12 5.00%

DCM Shriram Consolidated Ltd. 1,020,700 540.46 3.29%

Coromandel International Ltd. 89,000 280.66 1.71%

Finance 475.51 2.90%

Housing Development Finance Corporation Ltd. 17,500 475.51 2.90%


Crompton Greaves Ltd. 87,500 228.33 1.39%

Industrial Products 755.55 4.61%

Graphite India Ltd. 851,800 755.55 4.61%

Minerals/Mining 803.50 4.90%

Nava Bharat Ventures Ltd. 200,800 803.50 4.90%

Miscellaneous 1,563.21 9.53%Fulford India Ltd. 161,589 1,563.21 9.53%

Pesticides 1,083.22 6.60%

Hikal Ltd. 292,368 1,083.22 6.60%

Petroleum Products 754.36 4.60%



Divis Laboratories Ltd. 140,000 949.62 5.79%

AstraZeneca Pharma India Ltd. 103,466 893.74 5.45%

Power 304.17 1.85%

Torrent Power Ltd. 105,305 304.17 1.85%

Retailing 413.61 2.52%

Shoppers Stop Ltd. 102,978 413.61 2.52%

Software 1,595.39 9.72%


Tata Consultancy Services Ltd. 50,000 390.33 2.38%

HCL Technologies Ltd. 100,000 358.40 2.18%

Sasken Communication Technologies Ltd. 200,000 343.30 2.09%

Info Edge India Ltd. 12,700 110.97 0.68%


Bharti Airtel Ltd. 100,000 312.55 1.91%Warrants

(b) Unlisted

Total 15,835.77 96.53%

OTHERS

CBLO/REPO


Total 69.69 0.42%


GRAND TOTAL 16,405.12 100.00%

Page 45 of 62



ANNEXURE I

RELIANCE REGULAR SAVING FUND - EQUITY OPTION



(in Rs. Lacs)

% of Net

Assets



Equity Shares

Auto 9,165.76 3.65%

Mahindra & Mahindra Ltd. 970,000 5,251.10 2.09%

Tata Motors Ltd. 516,650 3,914.66 1.56%


Exide Industries Ltd. 4,263,110 5,252.15 2.09%

Banks 27,049.53 10.78%


ICICI Bank Ltd. 500,000 4,762.50 1.90%

Canara Bank 983,600 4,034.73 1.61%Federal Bank Ltd. 1,500,000 4,002.75 1.60%

Indian Bank 2,199,860 3,858.55 1.54%

Cement 7,210.01 2.87%

Grasim Industries Ltd. 150,000 4,222.28 1.68%



Phoenix Mills Ltd. 2,100,000 3,902.85 1.56%



Pratibha Industries Ltd. 1,425,000 5,283.19 2.11%

Gammon India Ltd. 1,695,100 3,991.11 1.59%

Punj Lloyd Ltd. 1,800,000 3,191.40 1.27%




Radico Khaitan Ltd. 2,000,000 2,564.00 1.02%

ITC Ltd. 793,000 2,085.99 0.83%

Balrampur Chini Mills Ltd. 1,998,400 1,843.52 0.73%


Jindal Saw Ltd. 1,500,000 3,186.00 1.27%

Tata Steel Ltd. 448,500 2,834.74 1.13%

Usha Martin Ltd. 1,700,000 1,727.20 0.69%

Fertilisers 3,054.33 1.22%Zuari Industries Ltd. 501,285 3,054.33 1.22%

Finance 6,166.70 2.46%


Network 18 Media and Investments Ltd. 1,187,404 1,338.20 0.53%

Gas 4,106.00 1.64%

GAIL (India) Ltd. 1,000,000 4,106.00 1.64%


Petron Engineering Construction Ltd. 360,000 1,227.96 0.49%


Deccan Chronicle Holdings Ltd. 2,650,900 4,086.36 1.63%


DB Corporation Ltd. 558,410 1,339.63 0.53%


Spicejet Ltd. 4,500,000 2,623.50 1.05%

Hindustan Dorr Oliver Ltd. 794,172 827.53 0.33%



Oil 12,485.40 4.98%

Oil & Natural Gas Corporation Ltd. 800,000 8,789.60 3.50%

Shiv-Vani Oil & Gas Exploration Services Ltd. 850,000 3,695.80 1.47%


Reliance Industries Ltd. 1,000,000 10,742.50 4.28%Hindustan Petroleum Corporation Ltd. 1,525,000 4,857.89 1.94%



Biocon Ltd. 1,995,178 5,675.28 2.26%

Lupin Ltd. 250,000 4,068.38 1.62%

Torrent Pharmaceuticals Ltd. 450,078 2,454.95 0.98%

Alembic Ltd. 1,443,000 709.96 0.28%

Sun Pharma Advance Research Company Ltd. 339,200 337.84 0.13%

Power 10,352.64 4.13%


PTC India Ltd. 2,000,000 2,241.00 0.89%

Adani Power Ltd. 722,900 838.56 0.33%

Retailing 2,759.75 1.10%

Pantaloon Retail (India) Ltd. 700,000 2,759.75 1.10%

Software 25,270.50 10.07%



Mphasis Ltd. 980,169 6,081.46 2.42%


3I Infotech Ltd. 3,500,000 2,745.75 1.09%

Take Solutions Ltd. 1,669,678 404.06 0.16%

Persistent Systems Ltd. 37,725 116.95 0.05%

Telecom - Services 8,937.00 3.56%Bharti Airtel Ltd. 1,500,000 4,688.25 1.87%




SPL Industries Ltd. 769,170 80.76 0.03%

Textiles - Cotton 2,753.50 1.10%

Bombay Dyeing & Manufacturing Company Ltd. 500,000 2,753.50 1.10%


Gateway Distriparks Ltd. 2,400,000 3,032.40 1.21%

Warrants

(b) Unlisted

Total 226,685.06 90.33%

Derivatives


Tata Motors Ltd. April 2010 Future 482,800 3,600.00 1.43%

Tata Steel Ltd. April 2010 Future 450,760 2,848.13 1.13%

Deccan Chronicle Holdings Ltd. April 2010 Future (74,800) (115.49) -0.05%


Total 6,332.64 2.52%

OTHERS


5.25% ICICI Bank Ltd. (09/08/2010) 181 100,000,000 1,000.00 0.40%3.00% ICICI Bank Ltd. (02/04/2010) 91 90,000,000 900.00 0.36%

3.00% ICICI Bank Ltd. (10/04/2010) 91 60,000,000 600.00 0.24%

5.75% ICICI Bank Ltd. (30/08/2010) 181 50,000,000 500.00 0.20%

CBLO/REPO


Total 20,275.69 8.08%


GRAND TOTAL 250,938.71 100.00%

Page 46 of 62



ANNEXURE I

RELIANCE REGULAR SAVING FUND - BALANCED OPTION



(in Rs. Lacs)

% of Net

Assets



Equity Shares

Auto 1,136.55 2.82%

Tata Motors Ltd. 150,000 1,136.55 2.82%

Auto Ancillaries 69.70 0.17%

Ceat Ltd. 47,000 69.70 0.17%

Banks 1,916.00 4.76%


Union Bank of India 300,000 876.90 2.18%

Cement 508.90 1.26%

Century Textiles & Industries Ltd. 100,000 508.90 1.26%


Man Infraconstruction Ltd. 357,148 1,281.27 3.18%

DLF Ltd. 125,000 386.13 0.96%

Construction Project 854.68 2.12%

Gammon India Ltd. 363,000 854.68 2.12%

Consumer Non Durables 974.30 2.42%

United Spirits Ltd. 50,000 660.70 1.64%

Jubilant Foodworks Ltd. 100,000 313.60 0.78%

Finance 2,048.84 5.09%

Power Finance Corporation Ltd. 575,000 1,485.51 3.69%

Infrastructure Development Finance Company Ltd. 350,000 563.33 1.40%


Siemens Ltd. 50,000 370.08 0.92%


Sintex Industries Ltd. 300,000 886.50 2.20%

Media & Entertainment 1,341.25 3.33%Zee Entertainment Enterprises Ltd. 500,000 1,341.25 3.33%



Oil 549.35 1.36%


Pesticides 447.60 1.11%

United Phosphorus Ltd. 300,000 447.60 1.11%



Indian Oil Corporation Ltd. 147,500 436.23 1.08%


Aventis Pharma Ltd. 50,000 901.03 2.24%

Glenmark Pharmaceuticals Ltd. 300,000 805.65 2.00%

Cipla Ltd. 200,000 676.70 1.68%

Power 1,498.58 3.72%


Software 3,089.48 7.68%


HCL Technologies Ltd. 300,000 1,075.20 2.67%Infinite Computer Solution India Ltd. 304,400 580.49 1.44%

Tech Mahindra Ltd. 14,747 125.81 0.31%


Reliance Communications Ltd. 400,000 679.80 1.69%

Warrants

(b) Unlisted

Total 23,207.80 57.67%

Derivatives


Sesa Goa Ltd. April 2010 Future 300,000 1,387.65 3.45%


Total 1,387.65 3.45%

Debt Instruments



7.05% LIC Housing Finance Ltd. ** AAA by CRISIL 750,000 750.67 1.87%

Total 750.67 1.87%


Total - 0.00%Money Market Instruments

Certificate of Deposit

State Bank of Mysore ** # A1+ by ICRA 2,500,000 2,478.32 6.16%

Central Bank of India ** # PR1+ by CARE 2,000,000 1,988.83 4.94%

Punjab National Bank ** # PR1+ by CARE 1,300,000 1,290.36 3.21%

Federal Bank Ltd. ** # P1+ by CRISIL 1,000,000 985.51 2.45%

IDBI Bank Ltd. ** # P1+ by CRISIL 1,000,000 979.75 2.43%

UCO Bank ** # P1+ by CRISIL 1,000,000 959.93 2.39%

Punjab National Bank ** # PR1+ by CARE 500,000 487.71 1.21%

Commercial Paper

National Bank for Agriculture & Rural Development ** # P1+ by CRISIL 2,500,000 2,497.95 6.21%

Infrastructure Development Finance Company Ltd. ** # P1+ by CRISIL 2,500,000 2,479.82 6.16%

Total 14,148.18 35.15%

OTHERS

CBLO/REPO


Total 2,558.13 6.36%


GRAND TOTAL 40,245.83 100.00%


# Unlisted Security

Page 47 of 62



ANNEXURE I

RELIANCE NRI EQUITY FUND



(in Rs. Lacs)

% of Net

Assets



Equity Shares

Auto 757.70 5.64%

Tata Motors Ltd. 100,000 757.70 5.64%

Banks 1,915.79 14.26%Corporation Bank 150,000 720.83 5.37%


ICICI Bank Ltd. 60,000 571.50 4.25%

Cement 703.71 5.24%

Grasim Industries Ltd. 25,000 703.71 5.24%

Finance 336.15 2.50%

Bajaj Finserv Ltd. 100,000 336.15 2.50%


Suzlon Energy Ltd. 400,000 287.40 2.14%


Cummins India Ltd. 148,000 759.68 5.65%

Media & Entertainment 536.50 3.99%

Zee Entertainment Enterprises Ltd. 200,000 536.50 3.99%

Non - Ferrous Metals 637.46 4.74%

Sterlite Industries Ltd. 75,000 637.46 4.74%

Oil 1,126.73 8.39%Oil India Ltd. 50,000 577.38 4.30%




Hindustan Petroleum Corporation Ltd. 125,000 398.19 2.96%


Divis Laboratories Ltd. 100,000 678.30 5.05%

Piramal Healthcare Ltd. 150,000 637.13 4.74%

Power 499.53 3.72%

Reliance Infrastructure Ltd. 50,000 499.53 3.72%

Retailing 531.51 3.96%

Pantaloon Retail (India) Ltd. 140,000 531.51 3.96%

Software 1,443.21 10.74%

Oracle Financial Services Software Ltd. 40,000 920.02 6.85%


Warrants

(b) Unlisted

Total 11,893.54 88.53%

OTHERS


5.75% ICICI Bank Ltd. (31/08/2010) 181 22,500,000 225.00 1.67%

CBLO/REPO


Total 1,013.00 7.54%


GRAND TOTAL 13,434.72 100.00%

Page 48 of 62



ANNEXURE I




(in Rs. Lacs)

% of Net

Assets

GOLD

Gold 995 1KG Bar 1,431 23,686.46 99.27%

Total 23,686.46 99.27%

OTHERS

CBLO/REPO


Total 180.39 0.76%Net Receivables/Payables (6.85) -0.03%

GRAND TOTAL 23,860.00 100.00%

Page 9 of 10



ANNEXURE IIDISCLOSURE UNDER REGULATION 25(11) OF SEBI (MUTUAL FUNDS) REGULATIONS, 1996

( Rs. In lacs )

Name of scheme Type of Security Quantity Cost Quantity Market Value

ADITYA BIRLA FINANCE LT RELIANCE FLOATING RATE FUND RELIANCE INTERVAL FUND - QUARTERLY INTERVAL FUND - SERIES II DEBT 5,000,000 4,919.06 5,000,000 4,939.52 RELIANCE FIXED HORIZON FUND - XIII - SERIES 2 DEBT 2,500,000 2,353.05 2,500,000 2,411.75

RELIANCE INTERVAL FUND - MONTHLY INTERVAL FUND - SERIES I DEBT 10,000,000 9,957.57 10,000,000 9,960.31

RELIANCE LIQUID FUND - TREASURY PLAN DEBT 15,000,000 14,956.20 - -

RELIANCE LIQUIDITY FUND DEBT 17,500,000 17,500.00 - - RELIANCE MONEY MANAGER FUND DEBT 7,500,000 7,500.00 - -

APOLLO HOSPITALS ENTERPRISE RELIANCE FIXED HORIZON FUND VII - SERIES 5 RELIANCE PHARMA FUND EQUITY 114,500 700.88 114,500 835.33

RELIANCE FLOATING RATE FUND

BANK OF INDIA RELIANCE FLOATING RATE FUND RELIANCE INTERVAL FUND - QUARTERLY INTERVAL FUND - SERIES II CERTIFICATE OF DEPOSIT 800,000 791.43 - -

RELIANCE BANKING EXCHANGE TRADED FUND EQUITY 449 1.00 7,703 26.21

RELIANCE FIXED HORIZON FUND - XII - SERIES 4 CERTIFICATE OF DEPOSIT 5,000,000 4,712.41 - -

RELIANCE FLOATING RATE FUND CERTIFICATE OF DEPOSIT 1,500,000 1,494.08 - - RELIANCE INCOME FUND CERTIFICATE OF DEPOSIT 23,000,000 22,228.37 - -

R EL IA NC E IN TE RV AL F UN D - M ON TH LY I NT ER VA L F UN D - S ER IE S I C ER TI FI CA TE O F D EP OS IT 5 00 ,0 00 498.64 - -

RELIANCE LIQUID FUND - TREASURY PLAN CERTIFICATE OF DEPOSIT 5,000,000 4,901.29 - -

RELIANCE LIQUIDITY FUND CERTIFICATE OF DEPOSIT 10,000,000 9,963.21 5,000,000 4,995.28

RELIANCE MEDIUM TERM FUND CERTIFICATE OF DEPOSIT 256,500,000 248,149.74 30,000,000 28,685.64 RELIANCE MEDIUM TERM FUND FIXED DEPOSIT 1,000,000,000 10,000.00 - -

RELIANCE MONEY MANAGER FUND CERTIFICATE OF DEPOSIT 284,600,000 276,581.92 70,000,000 67,047.35

RELIANCE MONTHLY INCOME PLAN CERTIFICATE OF DEPOSIT 20,000,000 18,786.62 20,000,000 18,833.24

RELIANCE REGULAR SAVING FUND - BALANCED OPTION EQUITY 75,000 181.09 - -

RELIANCE REGULAR SAVING FUND - DEBT OPTION CERTIFICATE OF DEPOSIT 2,400,000 2,333.53 - - RELIANCE SHORT TERM FUND CERTIFICATE OF DEPOSIT 65,400,000 62,113.78 10,000,000 9,416.62

BHARTI AIRTEL LTD. RELIANCE MEDIUM TERM FUND RELIANCE EQUITY ADVANTAGE FUND EQUITY 841,000 4,979.51 1,050,066 3,281.98

RELIANCE EQUITY FUND EQUITY 600,000 5,248.90 1,000,000 3,125.50 RELIANCE EQUITY LINKED SAVING FUND - SERIES EQUITY 100,000 794.74 100,000 312.55

RELIANCE EQUITY OPPORTUNITIES FUND EQUITY 1,075,000 6,042.83 1,275,000 3,985.01

RELIANCE GROWTH FUND EQUITY 250,000 1,713.75 1,776,918 5,553.76

RELIANCE LONG TERM EQUITY FUND EQUITY 600,000 2,474.14 - -

RELIANCE MONTHLY INCOME PLAN EQUITY 398,000 1,539.75 - - RELIANCE NRI EQUITY FUND EQUITY 25,000 201.70 - -

RELIANCE QUANT PLUS FUND EQUITY 34,400 149.12 50,000 156.28


RELIANCE REGULAR SAVING FUND - EQUITY OPTION EQUITY 1,585,000 8,852.12 1,500,000 4,688.25 RELIANCE TAX SAVER (ELSS) FUND EQUITY 100,000 855.57 - -

RELIANCE VISION FUND EQUITY 3,106,499 17,313.06 1,500,499 4,689.81

BIRLA CORPORATION LTD. RELIANCE FIXED HORIZON FUND VIII - SERIES I RELIANCE LIQUID FUND - TREASURY PLAN DEBT 2,500,000 2,500.00 - -

RELIANCE GILT SECURITIES FUNDRELIANCE INTERVAL FUND - QUARTERL Y PLAN - SERIES I

BOMBAY RAYON FASHIONS LTD. RELIANCE SHORT TERM FUND RELIANCE GROWTH FUND EQUITY 1,675,178 3,545.39 1,675,178 3,623.41

RELIANCE LONG TERM EQUITY FUND EQUITY 1,264,600 2,650.60 2,843,059 6,149.54 RELIANCE REGULAR SAVING FUND - EQUITY OPTION EQUITY 1,932,250 3,794.51 2,432,250 5,260.96

CAIRN INDIA LIMITED RELIANCE LIQUID FUND - TREASURY PLAN RELIANCE EQUITY FUND EQUITY 1,850,000 4,648.56 836,000 2,555.23

RELIANCE GROWTH FUND EQUITY 3,224,250 8,464.54 3,224,250 9,854.92

RELIANCE MONTHLY INCOME PLAN EQUITY 860,000 2,399.41 860,000 2,628.59 RELIANCE NATURAL RESOURCES FUND EQUITY 4,237,290 10,461.58 2,506,000 7,659.59


RELIANCE REGULAR SAVING FUND - EQUITY OPTION EQUITY 800,000 1,571.09 - -

CENTRAL BANK OF INDIA RELIANCE LIQUID PLUS FUND RELIANCE INTERVAL FUND - QUARTERLY INTERVAL FUND - SERIES II CERTIFICATE OF DEPOSIT 900,000 899.62 - -

RELIANCE LIQUIDITY FUND RELIANCE DIVERSIFIED POWER SECTOR FUND FIXED DEPOSIT 1,000,000,000 10,000.00 - -

RELIANCE EQUITY FUND FIXED DEPOSIT 250,000,000 2,500.00 - -

RELIANCE FIXED HORIZON FUND - IX - SERIES 9 CERTIFICATE OF DEPOSIT 5,000,000 4,918.36 5,000,000 4,948.32

RELIANCE FIXED HORIZON FUND - IX - SERIES 6 CERTIFICATE OF DEPOSIT 500,000 499.11 500,000 499.27 RELIANCE FIXED HORIZON FUND - XII - SERIES 3 CERTIFICATE OF DEPOSIT 5,550,000 5,391.35 5,550,000 5,545.51

RELIANCE FIXED HORIZON FUND - XII - SERIES 4 CERTIFICATE OF DEPOSIT 20,000,000 19,045.83 20,000,000 19,959.24

RELIANCE GROWTH FUND FIXED DEPOSIT 1,000,000,000 10,000.00 - -

RELIANCE INCOME FUND CERTIFICATE OF DEPOSIT 5,000,000 4,931.26 5,000,000 4,931.82

RELIANCE INFRASTRUCTURE FUND FIXED DEPOSIT 2,500,000,000 25,000.00 - - R EL IA NC E IN TE RV AL FU ND - Q UA RT ER LY IN TE RV AL FU ND - S ER IE S I C ER TI FI CA TE OF DE PO SI T 4 50 ,0 00 444.85 450,000 449.64

R EL IA NC E IN TE RV AL F UN D - MO NT HL Y I NT ER VA L F UN D - S ER IE S I C ER TI FI CA TE O F D EP OS IT 8 00 ,0 00 797.76 - -

RELIANCE LIQUID FUND - TREASURY PLAN CERTIFICATE OF DEPOSIT 7,500,000 7,435.98 2,500,000 2,479.17

RELIANCE LIQUID FUND - TREASURY PLAN FIXED DEPOSIT 5,000,000,000 50,000.00 - - RELIANCE LIQUIDITY FUND CERTIFICATE OF DEPOSIT 232,500,000 230,525.09 57,500,000 56,957.24

RELIANCE LIQUIDITY FUND FIXED DEPOSIT 3,000,000,000 30,000.00 - -

RELIANCE MEDIUM TERM FUND CERTIFICATE OF DEPOSIT 237,250,000 233,601.50 15,000,000 14,798.01

RELIANCE MEDIUM TERM FUND FIXED DEPOSIT 7,000,000,000 70,000.00 - -

RELIANCE MONEY MANAGER FUND CERTIFICATE OF DEPOSIT 410,050,000 402,240.43 67,500,000 66,125.41 RELIANCE MONTHLY INCOME PLAN CERTIFICATE OF DEPOSIT 7,500,000 7,401.89 7,500,000 7,402.67

RELIANCE REGULAR SAVING FUND - BALANCED OPTION CERTIFICATE OF DEPOSIT 2,000,000 1,988.56 2,000,000 1,988.83

RELIANCE SHORT TERM FUND CERTIFICATE OF DEPOSIT 32,000,000 31,327.96 19,500,000 19,391.10

RELIANCE TAX SAVER (ELSS) FUND FIXED DEPOSIT 750,000,000 7,500.00 - - RELIANCE VISION FUND FIXED DEPOSIT 500,000,000 5,000.00 - -

CORPORATION BANK REL IA NCE LIQUI D FUND - TREA SURY PL AN RE LIANC E INTE RVA L FUND - QUA RTERL Y INTE RV AL FUND - SE RIE S II CE RTIFI CATE OF DE PO SI T 9 00, 00 0 887.63 - -

RELIANCE BANKING FUND EQUITY 58,291 235.83 1,375,815 6,611.48

RELIANCE DIVERSIFIED POWER SECTOR FUND FIXED DEPOSIT 2,350,000,000 23,500.00 - - RELIANCE FIXED HORIZON FUND - X - SERIES 3 CERTIFICATE OF DEPOSIT 1,000,000 998.98 - -

RELIANCE FIXED HORIZON FUND - XIV - SERIES 1 CERTIFICATE OF DEPOSIT 10,000,000 9,370.78 - -

RELIANCE FIXED HORIZON FUND - XIV - SERIES 8 CERTIFICATE OF DEPOSIT 5,000,000 4,873.12 5,000,000 4,874.56

RELIANCE FLOATING RATE FUND CERTIFICATE OF DEPOSIT 1,000,000 997.64 - -

RELIANCE GROWTH FUND FIXED DEPOSIT 500,000,000 5,000.00 - - RELIANCE INCOME FUND CERTIFICATE OF DEPOSIT 15,000,000 14,197.47 - -

RELIANCE INCOME FUND DEBT 1,000,000 1,030.80 - -


RELIANCE LIQUID FUND - TREASURY PLAN CERTIFICATE OF DEPOSIT 50,000 49.66 - - RELIANCE LIQUIDITY FUND CERTIFICATE OF DEPOSIT 43,500,000 42,883.39 - -


RELIANCE LONG TERM EQUITY FUND EQUITY 472,600 1,861.82 1,468,200 7,055.44

RELIANCE MEDIUM TERM FUND CERTIFICATE OF DEPOSIT 123,800,000 118,951.57 35,300,000 34,344.79 RELIANCE MEDIUM TERM FUND FIXED DEPOSIT 1,000,000,000 10,000.00 - -


RELIANCE MONTHLY INCOME PLAN CERTIFICATE OF DEPOSIT 40,000,000 37,577.24 30,000,000 28,292.22

RELIANCE NRI EQUITY FUND EQUITY - - 150,000 720.83

RELIANCE REGULAR SAVING FUND - BALANCED OPTION CERTIFICATE OF DEPOSIT 1,000,000 950.99 - - RELIANCE REGULAR SAVING FUND - DEBT OPTION CERTIFICATE OF DEPOSIT 4,250,000 4,058.42 - -

RELIANCE SHORT TERM FUND CERTIFICATE OF DEPOSIT 21,750,000 20,696.54 - -

DR. REDDYS LABORATORIES LTD. RELIANCE MONTHLY INTERVAL FUND - SERIES I RELIANCE MONTHLY INCOME FUND EQUITY 100,000 812.62 - -

D B REALTY LIMITED RELIANCE MONTHLY INTERVAL FUND - SERIES I RELIANCE GROWTH FUND EQUITY 2,118,968 9,916.77 2,118,968 9,616.94

RELIANCE MONTHLY INTERVAL FUND - SERIES I

DLF LIMITED RELIANCE LIQUID PLUS FUND RELIANCE FIXED HORIZON FUND - IV - SERIES 7 DEBT 130 1,300.04 - - RELIANCE LIQUIDITY FUND RELIANCE EQUITY ADVANTAGE FUND EQUITY 1,600,000 5,122.40 600,000 1,853.40

RELIANCE EQUITY FUND EQUITY 2,000,000 5,279.31 - -

RELIANCE LIQUIDITY FUND DEBT 5,000,345 12,618.75 - -

RELIANCE MONEY MANAGER FUND DEBT 90 10,933.77 - -

RELIANCE REGULAR SAVING FUND - BALANCED OPTION EQUITY 125,000 460.79 125,000 386.13

ECL FINANCE LIMITED RELIANCE FLOATING RATE FUND RELIANCE INTERVAL FUND - QUARTERLY INTERVAL FUND - SERIES II DEBT 5,000,000 4,917.85 5,000,000 4,938.61

RELIANCE FLOATING RATE FUND DEBT 5,000,000 4,967.18 - -

RELIANCE INTERVAL FUND - QUARTERLY INTERVAL FUND - SERIES I DEBT 1,200,000 1,186.71 1,200,000 1,193.65 RELIANCE INTERVAL FUND - MONTHLY INTERVAL FUND - SERIES I DEBT 8,800,000 8,750.25 8,800,000 8,753.46



RELIANCE MONEY MANAGER FUND DEBT 30,000,000 30,000.00 - -

EDELWEISS SECURITIES LTD. RELIANCE FLOATING RATE FUND RELIANCE MONEY MANAGER FUND DEBT 10,500,000 10,500.00 - -

EXPORT IMPORT BANK OF INDIA RELIANCE FLOATING RATE FUND RELIANCE INTERVAL FUND - QUARTERLY INTERVAL FUND - SERIES II DEBT 3,400,000 3,398.44 - -

RELIANCE FIXED HORIZON FUND VIII - SERIES 2 DEBT 900,000 896.76 - - RELIANCE FIXED HORIZON FUND VIII - SERIES 6 DEBT 100,000 99.45 - -

RELIANCE FIXED HORIZON FUND IV - SERIES 8 DEBT 900,000 895.07 - -

RELIANCE FIXED HORIZON FUND - IX SERIES 1 DEBT 850,000 839.40 - -

RELIANCE FIXED HORIZON FUND - IX - SERIES 5 DEBT 5,200,000 5,169.68 - -

RELIANCE FIXED HORIZON FUND - IX - SERIES 2 DEBT 7,300,000 7,207.67 - - RELIANCE FIXED HORIZON FUND - IX - SERIES 6 DEBT 350,000 339.74 300,000 299.43

RELIANCE FIXED HORIZON FUND - VII - SERIES 5 DEBT 4,400,000 4,384.41 - -

RELIANCE FIXED HORIZON FUND - XII - SERIES 4 DEBT 18,700,000 18,417.16 18,700,000 18,664.45

RELIANCE FIXED HORIZON FUND - XIII - SERIES 3 CERTIFICATE OF DEPOSIT 1,300,000 1,229.09 1,300,000 1,247.02 RELIANCE FLOATING RATE FUND DEBT 6,500,000 6,481.52 - -

RELIANCE INCOME FUND CERTIFICATE OF DEPOSIT 5,000,000 4,759.38 - -


RELIANCE INTERVAL FUND - QUARTERLY INTERVAL FUND - SERIES I DEBT 400,000 397.43 - -

RELIANCE INTERVAL FUND - MONTHLY INTERVAL FUND - SERIES I DEBT 400,000 398.89 - - RELIANCE LIQUID FUND - TREASURY PLAN DEBT 11,900,000 11,795.93 - -

RELIANCE LIQUIDITY FUND DEBT 56,050,000 55,766.71 1,500,000 1,499.90


RELIANCE MEDIUM TERM FUND DEBT 76,800,000 75,828.98 - -

RELIANCE MONEY MANAGER FUND CERTIFICATE OF DEPOSIT 10,000,000 9,732.79 - - RELIANCE MONEY MANAGER FUND DEBT 110,600,000 108,588.59 8,000,000 7,799.64

RELIANCE MONTHLY INCOME PLAN CERTIFICATE OF DEPOSIT 5,000,000 4,732.04 - -

RELIANCE MONTHLY INCOME PLAN DEBT 500,000 547.69 - -

RELIANCE REGULAR SAVING FUND - DEBT OPTION DEBT 300,000 312.40 - - RELIANCE SHORT TERM FUND CERTIFICATE OF DEPOSIT 5,000,000 4,713.29 - -

RELIANCE SHORT TERM FUND DEBT 19,300,000 20,195.72 2,000,000 2,022.80

GLOBAL TRADE FINANCE LTD. RELIANCE FLOATING RATE FUND RELIANCE FLOATING RATE FUND DEBT 3,500,000 3,491.03 - -


RELIANCE LIQUIDITY FUND DEBT 10,000,000 9,961.98 - - RELIANCE MONEY MANAGER FUND DEBT 10,000,000 9,931.03 - -

GRASIM INDUSTRIES LTD. RELIANCE FIXED HORIZON FUND-XIV-SERIES-1 RELIANCE EQUITY ADVANTAGE FUND EQUITY 7,403 198.88 100,000 2,814.85 RELIANCE SHORT TERM FUND RELIANCE INFRASTRUCTURE FUND EQUITY 10,592 262.50 - -

RELIANCE MONTHLY INCOME PLAN DEBT 500,000 513.50 500,000 491.76

RELIANCE MONTHLY INCOME PLAN EQUITY 700 15.59 - -

RELIANCE NRI EQUITY FUND EQUITY 25,000 538.71 25,000 703.71

RELIANCE QUANT PLUS FUND EQUITY 12,284 317.04 6,000 168.89 RELIANCE REGULAR SAVING FUND - BALANCED OPTION EQUITY 33,536 826.11 - -

RELIANCE REGULAR SAVING FUND - EQUITY OPTION EQUITY 175,150 3,742.02 150,000 4,222.28

RELIANCE SHORT TERM FUND DEBT 2,500,000 2,500.00 - -

Name Of The Company Name of Scheme in which Co.has invested more than 5%Investments during period ended 31.03.2010 Holding as on 31.03.2010



( Rs. In lacs )

Name of scheme Type of Security Quantity Cost Quantity Market ValueName Of The Company Name of Scheme in which Co.has invested more than 5%

Investments during period ended 31.03.2010 Holding as on 31.03.2010

HCL INFOSYSTEM LTD. RELIANCE QUARTERLY INTERVAL FUND - SERIES III RELIANCE EQUITY OPPORTUNITIES FUND EQUITY 2,004,362 3,087.32 2,004,362 2,725.93


HDFC BANK LTD. RELIANCE LIQUID PLUS FUND RELIANCE BANKING EXCHANGE TRADED FUND EQUITY 4,009 65.51 14,348 277.42

RELIANCE LIQUIDITY FUND RELIANCE BANKING FUND EQUITY 103,167 1,526.13 253,627 4,903.88

RELIANCE DIVERSIFIED POWER SECTOR FUND FIXED DEPOSIT 4,500,000,000 45,000.00 - -

RELIANCE EQUITY ADVANTAGE FUND EQUITY 217,800 2,790.04 354,237 6,849.17 RELIANCE EQUITY LINKED SAVING FUND - SERIES EQUITY - - 30,000 580.05

RELIANCE EQUITY OPPORTUNITIES FUND EQUITY 23,400 381.24 - -

RELIANCE FLOATING RATE FUND CERTIFICATE OF DEPOSIT 15,000,000 14,865.99 - -


RELIANCE INCOME FUND FIXED DEPOSIT 500,000,000 5,000.00 - - RELIANCE INFRASTRUCTURE FUND FIXED DEPOSIT 2,250,000,000 22,500.00 - -


R EL IA NC E IN TE RV AL FU ND - M ON TH LY IN TE RV AL FU ND - S ER IE S I C ER TI FI CA TE OF DE PO SI T 1 ,3 00 ,0 00 1,296.79 - -

RELIANCE LIQUID FUND - TREASURY PLAN FIXED DEPOSIT 3,250,000,000 32,500.00 - - RELIANCE LIQUIDITY FUND CERTIFICATE OF DEPOSIT 208,800,000 207,224.64 - -

RELIANCE LIQUIDITY FUND FIXED DEPOSIT 2,850,000,000 28,500.00 2,100,000,000 21,000.00

RELIANCE LONG TERM EQUITY FUND FIXED DEPOSIT 358,904,394 3,589.04 - -

RELIANCE MEDIUM TERM FUND CERTIFICATE OF DEPOSIT 155,100,000 153,394.86 - -

RELIANCE MEDIUM TERM FUND FIXED DEPOSIT 750,000,000 7,500.00 - - RELIANCE MONEY MANAGER FUND CERTIFICATE OF DEPOSIT 212,800,000 207,219.31 50,000,000 47,124.33

RELIANCE MONEY MANAGER FUND DEBT 142,500,000 141,916.77 92,500,000 92,064.90 RELIANCE MONTHLY INCOME PLAN EQUITY 100,000 1,846.38 100,000 1,933.50

RELIANCE MONTHLY INCOME PLAN FIXED DEPOSIT 1,150,000,000 11,500.00 - -

RELIANCE NATURAL RESOURCES FUND FIXED DEPOSIT 750,000,000 7,500.00 - - RELIANCE QUANT PLUS FUND EQUITY 44,200 637.77 16,000 309.36

RELIANCE REGULAR SAVING FUND - EQUITY OPTION EQUITY 100,000 1,083.51 - -

RELIANCE SHORT TERM FUND FIXED DEPOSIT 750,000,000 7,500.00 - -

RELIANCE TAX SAVER (ELSS) FUND EQUITY 250,000 4,596.06 250,000 4,833.75 RELIANCE TAX SAVER (ELSS) FUND FIXED DEPOSIT 1,000,000,000 10,000.00 - -

RELIANCE VISION FUND FIXED DEPOSIT 1,500,000,000 15,000.00 - -

HERO HONDA MOTORS LTD. RELIANCE ANNUAL INTERVAL FUND - SERIES I RELIANCE EQUITY ADVANTAGE FUND EQUITY 83,000 1,281.71 - -

RELIANCE FIXED HORIZON FUND - IV SERIES - VI RELIANCE QUANT PLUS FUND EQUITY 5,000 80.95 - - RELIANCE FIXED HORIZON FUND - XII - SERIES 3 RELIANCE REGULAR SAVING FUND - BALANCED OPTION EQUITY 50,000 830.83 - -

RELIANCE FIXED HORIZON FUND VII - SERIES 5

RELIANCE FIXED HORIZON FUND-XIII-SERIES-2

RELIANCE FIXED HORIZON FUND-XIII-SERIES-3RELIANCE FIXED HORIZON FUND-XIII-SERIES-4


RELIANCE FIXED HORIZON FUND-XIII-SERIES-

RELIANCE INTERVAL FUND - QUARTERL Y PLAN - SERIES I

RELIANCE LIQUID FUND - TREASURY PLANRELIANCE LIQUIDITY FUND

HINDALCO INDUSTRIES LTD. RELIANCE FIXED HORIZON FUND PLAN C SERIES 3 RELIANCE EQUITY ADVANTAGE FUND EQUITY 288,920 366.19 288,920 523.67

RELIANCE FIXED HORIZON FUND VII - SERIES 4 RELIANCE GROWTH FUND EQUITY 8,498,754 12,735.02 4,498,754 8,153.99 RELIANCE MONTHLY INCOME PLAN EQUITY 2,913,668 4,348.98 - -

RELIANCE NATURAL RESOURCES FUND EQUITY 6,621,074 8,569.53 2,950,000 5,346.88

RELIANCE REGULAR SAVING FUND - EQUITY OPTION EQUITY 4,790,000 4,441.55 3,000,000 5,437.50

RELIANCE TAX SAVER (ELSS) FUND EQUITY 1,000,000 1,473.76 - -

RELIANCE VISION FUND EQUITY 4,879,925 7,435.35 - -

HINDUSTAN ZINC LTD. RELIANCE FIXED HORIZON FUND - XII - SERIES 3 RELIANCE INFRASTRUCTURE FUND EQUITY 100,000 1,078.60 100,000 1,204.35

RELIANCE FIXED HORIZON FUND - XII - SERIES 4 RELIANCE INTERVAL FUND - MONTHLY INTERVAL FUND - SERIES I DEBT 600,000 598.51 - -

RELIANCE FIXED HORIZON FUND- VII - SERIES 1 RELIANCE LIQUIDITY FUND DEBT 50,000,000 49,642.97 - -

RELIANCE FIXED HORIZON FUND VII - SERIES 3 RELIANCE MONEY MANAGER FUND DEBT 19,400,000 19,389.27 - - RELIANCE FIXED HORIZON FUND X SERIES 2

RELIANCE FIXED HORIZON FUND X SERIES 5


RELIANCE FIXED HORIZON FUND-XIV-SERIES-1RELIANCE FIXED HORIZON FUND-XIV-SERIES-5

RELIANCE LIQUIDITY FUND

RELIANCE MONTHLY INTERVAL FUND - SERIES I

RELIANCE QUARTERLY INTERVAL FUND - SERIES III

HOUSING DEVELOPMENT FINANCE COR LTD RELIANCE LIQUIDITY FUND RELIANCE FIXED HORIZON FUND - IV - SERIES 7 DEBT 2,500,000 2,594.27 - -

RELIANCE INTERVAL FUND - QUARTERLY INTERVAL FUND - SERIES II DEBT 1,900,000 1,947.33 - -

RELIANCE EQUITY ADVANTAGE FUND EQUITY 262,100 5,883.11 300,000 8,151.60

RELIANCE EQUITY LINKED SAVING FUND - SERIES EQUITY - - 17,500 475.51 RELIANCE EQUITY OPPORTUNITIES FUND EQUITY 50,000 1,313.93 150,000 4,075.80

RELIANCE EQUITY OPPORTUNITIES FUND WRN 700,000 1,925.00 700,000 2,779.00

RELIANCE FIXED HORIZON FUND - V - 3 YEARS PLAN - SERIES 1 DEBT 650,000 707.86 600,000 613.92

RELIANCE FIXED HORIZON FUND - VII - SERIES 2 DEBT 27,400,000 27,964.52 - -

RELIANCE FIXED HORIZON FUND - VII - SERIES 4 DEBT 6,300,000 6,424.75 - - RELIANCE FIXED HORIZON FUND - VII - SERIES 6 DEBT 1,200,000 1,223.76 - -

RELIANCE FIXED HORIZON FUND VIII - SERIES 2 DEBT 7,300,000 7,584.85 - -

RELIANCE FIXED HORIZON FUND - VIII - SERIES 4 DEBT 700,000 743.15 - -

RELIANCE FIXED HORIZON FUND VIII - SERIES 5 DEBT 5,100,000 5,259.29 - - RELIANCE FIXED HORIZON FUND - IX SERIES 1 DEBT 14,500,000 14,450.22 - -

RELIANCE FIXED HORIZON FUND - IX - SERIES 9 DEBT 12,500,000 12,419.75 12,500,000 12,423.57

RELIANCE FIXED HORIZON FUND - IX - SERIES 2 DEBT 100,000 104.61 - -

RELIANCE FIXED HORIZON FUND - IX - SERIES 10 DEBT 450,000 508.19 1,650,000 1,688.28

RELIANCE FIXED HORIZON FUND - PLAN C - SERIES II DEBT 2,500,000 2,588.96 - - RELIANCE FIXED HORIZON FUND - VII - SERIES 5 DEBT 2,500,000 2,626.69 - -

RELIANCE FIXED HORIZON FUND - XIII - SERIES 2 DEBT 250,000 269.00 250,000 255.80

RELIANCE FIXED HORIZON FUND - XIII - SERIES 6 DEBT 2,750,000 2,830.92 2,750,000 2,885.03

RELIANCE FIXED HORIZON FUND - XIV - SERIES 3 DEBT 2,500,000 2,525.05 2,500,000 2,530.54 RELIANCE FIXED HORIZON FUND - XIV - SERIES 4 DEBT 10,000,000 10,356.51 10,000,000 10,398.79

RELIANCE FIXED HORIZON FUND - XIV - SERIES 5 DEBT 4,000,000 4,352.54 4,000,000 4,092.80

RELIANCE FLOATING RATE FUND DEBT 10,200,000 10,629.50 - - RELIANCE INCOME FUND DEBT 11,000,000 11,131.01 - -

RELIANCE INTERVAL FUND - MONTHLY INTERVAL FUND - SERIES I DEBT 500,000 498.78 - - RELIANCE LIQUID FUND - TREASURY PLAN DEBT 221,850,000 228,577.68 30,000,000 29,684.56


RELIANCE MEDIUM TERM FUND DEBT 51,500,000 51,055.13 1,000,000 967.40

RELIANCE MONEY MANAGER FUND DEBT 475,850,000 479,931.01 26,000,000 25,711.68 RELIANCE MONTHLY INCOME PLAN DEBT 53,750,000 54,493.52 10,750,000 11,238.19


RELIANCE REGULAR SAVING FUND - BALANCED OPTION DEBT 3,000,000 2,894.37 - -

RELIANCE REGULAR SAVING FUND - DEBT OPTION DEBT 24,550,000 25,680.50 6,000,000 6,139.20

RELIANCE SHORT TERM FUND DEBT 36,500,000 36,196.04 5,500,000 5,788.46 RELIANCE VISION FUND EQUITY - - 300,000 8,151.60

RELIANCE VISION FUND WRN 999,936 3,255.81 999,936 3,969.75

ICICI BANK LTD. RELIANCE LIQUIDITY FUND RELIANCE BANKING EXCHANGE TRADED FUND EQUITY 19,066 158.29 46,007 438.22

RELIANCE MEDIUM TERM FUND RELIANCE BANKING FUND EQUITY 287,800 2,188.31 1,533,416 14,605.79 RELIANCE BANKING FUND FIXED DEPOSIT 980,000,000 9,800.00 260,000,000 2,600.00

RELIANCE DIVERSIFIED POWER SECTOR FUND EQUITY 1,375,000 8,572.14 2,472,718 23,552.64

RELIANCE DIVERSIFIED POWER SECTOR FUND FIXED DEPOSIT 6,030,000,000 60,300.00 1,470,000,000 14,700.00

RELIANCE EQUITY ADVANTAGE FUND EQUITY 900,000 6,643.54 1,200,000 11,430.00 RELIANCE EQUITY ADVANTAGE FUND FIXED DEPOSIT 1,297,500,000 12,975.00 140,000,000 1,400.00

RELIANCE EQUITY FUND EQUITY 157,948 1,297.43 900,000 8,572.50

RELIANCE EQUITY FUND FIXED DEPOSIT 4,000,000,000 40,000.00 1,000,000,000 10,000.00

RELIANCE EQUITY LINKED SAVING FUND - SERIES EQUITY 50,000 384.54 100,000 952.50

RELIANCE EQUITY OPPORTUNITIES FUND EQUITY 550,000 4,136.08 850,000 8,096.25 RELIANCE EQUITY OPPORTUNITIES FUND FIXED DEPOSIT 240,000,000 2,400.00 - -

RELIANCE FIXED HORIZON FUND - VII - SERIES 6 CERTIFICATE OF DEPOSIT 400,000 393.19 - -

RELIANCE FIXED HORIZON FUND VIII - SERIES 2 CERTIFICATE OF DEPOSIT 1,000,000 987.84 - -

RELIANCE FIXED HORIZON FUND VIII - SERIES 5 CERTIFICATE OF DEPOSIT 5,100,000 5,071.34 - - RELIANCE FIXED HORIZON FUND VIII - SERIES 6 CERTIFICATE OF DEPOSIT 400,000 394.21 - -

RELIANCE FIXED HORIZON FUND IV - SERIES 8 CERTIFICATE OF DEPOSIT 1,300,000 1,272.97 - -

RELIANCE FIXED HORIZON FUND - IX - SERIES 9 CERTIFICATE OF DEPOSIT 1,350,000 1,291.57 450,000 444.70


RELIANCE FIXED HORIZON FUND - IX - SERIES 10 CERTIFICATE OF DEPOSIT 400,000 379.75 - - RELIANCE FIXED HORIZON FUND - VII - SERIES 5 CERTIFICATE OF DEPOSIT 1,900,000 1,866.84 - -

RELIANCE FIXED HORIZON FUND - X - SERIES 1 CERTIFICATE OF DEPOSIT 4,000,000 3,968.01 - -

RELIANCE FIXED HORIZON FUND - XII - SERIES 3 CERTIFICATE OF DEPOSIT 1,000,000 924.84 - -

RELIANCE FIXED HORIZON FUND - XII - SERIES 4 CERTIFICATE OF DEPOSIT 45,500,000 42,947.93 28,200,000 28,145.07 RELIANCE FIXED HORIZON FUND - XIII - SERIES 2 CERTIFICATE OF DEPOSIT 50,000 48.57 - -

RELIANCE FIXED HORIZON FUND - XIV - SERIES 3 CERTIFICATE OF DEPOSIT 1,100,000 1,095.03 - -



RELIANCE FLOATING RATE FUND FIXED DEPOSIT 500,000,000 5,000.00 - - RELIANCE GROWTH FUND EQUITY 758,450 5,824.17 2,162,816 20,600.82

RELIANCE GROWTH FUND FIXED DEPOSIT 5,100,000,000 51,000.00 1,050,000,000 10,500.00

RELIANCE INCOME FUND FIXED DEPOSIT 250,000,000 2,500.00 - -

RELIANCE INFRASTRUCTURE FUND EQUITY 1,193,025 9,344.09 893,025 8,506.06 RELIANCE INFRASTRUCTURE FUND FIXED DEPOSIT 2,800,000,000 28,000.00 950,000,000 9,500.00

R EL IA NC E IN TE RV AL FU ND - Q UA RT ER LY IN TE RV AL FU ND - S ER IE S I C ER TI FI CA TE OF DE PO SI T 7 00 ,0 00 689.35 - -

RELIANCE INTERVAL FUND - QUARTERLY INTERVAL FUND - SERIES I CERTIFICATE OF DEPOSIT 5,500,000 5,444.99 900,000 897.97


R EL IA NC E IN TE RV AL FU ND - M ON TH LY IN TE RV AL FU ND - S ER IE S I C ER TI FI CA TE OF DE PO SI T 1 1, 45 0, 00 0 11,395.92 9,500,000 9,478.55 RELIANCE LIQUID FUND - TREASURY PLAN CERTIFICATE OF DEPOSIT 66,500,000 65,944.45 - -

RELIANCE LIQUID FUND - TREASURY PLAN FIXED DEPOSIT 6,650,000,000 66,500.00 - -


RELIANCE LONG TERM EQUITY FUND FIXED DEPOSIT 1,300,000,000 13,000.00 200,000,000 2,000.00

RELIANCE MEDIA & ENTERTAINMENT FUND FIXED DEPOSIT 45,000,000 450.00 - - RELIANCE MEDIUM TERM FUND CERTIFICATE OF DEPOSIT 274,400,000 268,014.76 63,500,000 61,860.42

RELIANCE MONEY MANAGER FUND CERTIFICATE OF DEPOSIT 389,950,000 378,427.71 550,000 543.52

RELIANCE MONEY MANAGER FUND FIXED DEPOSIT 20,150,000,000 201,500.00 - -

RELIANCE MONTHLY INCOME PLAN CERTIFICATE OF DEPOSIT 17,500,000 17,288.69 17,500,000 17,293.71 RELIANCE MONTHLY INCOME PLAN EQUITY 990,809 7,563.32 - -

RELIANCE MONTHLY INCOME PLAN FIXED DEPOSIT 700,000,000 7,000.00 340,000,000 3,400.00

RELIANCE NATURAL RESOURCES FUND FIXED DEPOSIT 6,000,000,000 60,000.00 500,000,000 5,000.00


RELIANCE NRI EQUITY FUND FIXED DEPOSIT 110,000,000 1,100.00 22,500,000 225.00 RELIANCE QUANT PLUS FUND EQUITY 54,000 426.45 48,000 457.20

RELIANCE REGULAR SAVING FUND - DEBT OPTION CERTIFICATE OF DEPOSIT 3,200,000 3,196.70 - -

RELIANCE REGULAR SAVING FUND - EQUITY OPTION EQUITY 857,948 6,641.79 500,000 4,762.50 RELIANCE REGULAR SAVING FUND - EQUITY OPTION FIXED DEPOSIT 960,000,000 9,600.00 300,000,000 3,000.00 RELIANCE SHORT TERM FUND CERTIFICATE OF DEPOSIT 8,700,000 8,365.23 - -

RELIANCE SHORT TERM FUND FIXED DEPOSIT 750,000,000 7,500.00 - -

RELIANCE TAX SAVER (ELSS) FUND EQUITY 1,900,950 15,358.32 900,000 8,572.50

RELIANCE TAX SAVER (ELSS) FUND FIXED DEPOSIT 1,780,000,000 17,800.00 - -

RELIANCE VISION FUND EQUITY 1,827,000 11,998.07 1,502,203 14,308.48 RELIANCE VISION FUND FIXED DEPOSIT 4,550,000,000 45,500.00 900,000,000 9,000.00




( Rs. In lacs )



IDBI BANK LTD RELIANCE LIQUIDITY FUND RELIANCE BANKING EXCHANGE TRADED FUND EQUITY 620 0.33 14,161 16.29

RELIANCE MEDIUM TERM FUND RELIANCE FIXED HORIZON FUND VIII - SERIES 2 CERTIFICATE OF DEPOSIT 500,000 496.84 - -

RELIANCE FIXED HORIZON FUND - IX SERIES 1 DEBT 900,000 920.04 - - RELIANCE FIXED HORIZON FUND - IX - SERIES 9 CERTIFICATE OF DEPOSIT 14,000,000 13,922.29 2,500,000 2,486.10


RELIANCE FIXED HORIZON FUND - IX - SERIES 5 CERTIFICATE OF DEPOSIT 300,000 290.18 - -

RELIANCE FIXED HORIZON FUND - IX - SERIES 2 DEBT 2,500,000 2,615.88 - - RELIANCE FIXED HORIZON FUND - IX - SERIES 6 CERTIFICATE OF DEPOSIT 10,000,000 9,956.93 10,000,000 9,980.33



RELIANCE FIXED HORIZON FUND - XII - SERIES 4 DEBT 9,500,000 9,632.58 - -

RELIANCE FIXED HORIZON FUND - XIII - SERIES 4 CERTIFICATE OF DEPOSIT 2,000,000 1,970.85 - - RELIANCE FIXED HORIZON FUND - X - SERIES 5 CERTIFICATE OF DEPOSIT 4,500,000 4,416.04 - -



RELIANCE INCOME FUND CERTIFICATE OF DEPOSIT 15,000,000 14,547.96 - - RELIANCE INCOME FUND DEBT 6,500,000 6,639.82 - -

R EL IA NC E IN TE RV AL FU ND - Q UA RT ER LY IN TE RV AL FU ND - S ER IE S I C ER TI FI CA TE OF DE PO SI T 9 00 ,0 00 894.28 - -

RELIANCE INTERVAL FUND - QUARTERLY INTERVAL FUND - SERIES I CERTIFICATE OF DEPOSIT 6,000,000 5,923.81 6,000,000 5,966.65


RELIANCE LIQUID FUND - TREASURY PLAN CERTIFICATE OF DEPOSIT 50,050,000 49,790.94 - - RELIANCE LIQUID FUND - TREASURY PLAN DEBT 9,950,000 10,784.06 - -

RELIANCE LIQUIDITY FUND CERTIFICATE OF DEPOSIT 100,600,000 99,908.34 - - RELIANCE LIQUIDITY FUND DEBT 2,500,000 2,721.75 1,850,000 1,846.47


RELIANCE MONEY MANAGER FUND CERTIFICATE OF DEPOSIT 273,420,000 266,019.18 91,500,000 88,838.28 RELIANCE MONEY MANAGER FUND DEBT 13,500,000 14,310.64 650,000 648.76

RELIANCE MONTHLY INCOME PLAN CERTIFICATE OF DEPOSIT 4,000,000 3,926.20 - -

RELIANCE MONTHLY INCOME PLAN DEBT 2,500,000 2,500.00 1,000,000 1,015.51

RELIANCE MONTHLY INCOME PLAN EQUITY 1,000,000 1,164.70 1,000,000 1,150.00 RELIANCE REGULAR SAVING FUND - BALANCED OPTION CERTIFICATE OF DEPOSIT 2,250,000 2,157.36 1,000,000 979.75

RELIANCE REGULAR SAVING FUND - EQUITY OPTION EQUITY 1,499,200 1,614.09 - -

RELIANCE SHORT TERM FUND CERTIFICATE OF DEPOSIT 22,000,000 20,979.66 3,500,000 3,332.17

RELIANCE SHORT TERM FUND DEBT 3,300,000 3,589.36 300,000 328.67

RELIANCE TAX SAVER (ELSS) FUND EQUITY 500,000 510.87 - -

INDIA INFOLINE INVESTMENT SERV LT RELIANCE LIQUIDITY FUND RELIANCE FIXED HORIZON FUND - XIV - SERIES 3 DEBT 1,900,000 1,900.00 1,900,000 1,900.00

RELIANCE INTERVAL FUND - QUARTERLY INTERVAL FUND - SERIES I DEBT 5,000,000 4,933.55 5,000,000 4,972.02

RELIANCE LIQUIDITY FUND DEBT 25,500,000 25,426.48 15,000,000 14,972.02 RELIANCE MONEY MANAGER FUND DEBT 30,000,000 30,000.00 - -


INDIA INFOLINE LTD. RELIANCE LIQUID FUND - TREASURY PLAN RELIANCE MONEY MANAGER FUND DEBT 15,000,000 15,000.00 - -

RELIANCE REGULAR SAVING FUND - EQUITY OPTION EQUITY 250,000 302.20 - -

INDIABULLS FINANCIAL SERVICES LT RELIANCE LIQUIDITY FUND RELIANCE INTERVAL FUND - QUARTERLY INTERVAL FUND - SERIES II DEBT 15,000,000 14,771.67 15,000,000 14,829.38

RELIANCE BANKING FUND EQUITY 947,368 1,593.15 1,319,130 1,386.41

RELIANCE EQUITY ADVANTAGE FUND EQUITY 1,721,000 2,194.28 1,721,000 1,808.77 RELIANCE EQUITY OPPORTUNITIES FUND EQUITY 1,721,000 2,427.16 - -


RELIANCE FLOATING RATE FUND DEBT 15,000,000 14,791.34 10,000,000 9,900.95


RELIANCE INTERVAL FUND - MONTHLY INTERVAL FUND - SERIES I DEBT 12,500,000 12,431.08 12,500,000 12,433.37 RELIANCE LIQUID FUND - TREASURY PLAN DEBT 200 19,695.01 - -


RELIANCE MONEY MANAGER FUND DEBT 85,000,100 92,973.35 25,000,000 24,050.24

RELIANCE REGULAR SAVING FUND - DEBT OPTION DEBT 400,000 400.00 400,000 400.00

RELIANCE TAX SAVER (ELSS) FUND EQUITY 1,703,600 3,125.80 - -

INDIABULLS POWER LIMITED RELIANCE FIXED HORIZON FUND-XIV-SERIES-4 RELIANCE DIVERSIFIED POWER SECTOR FUND EQUITY 3,589,844 1,615.43 3,000,000 922.50

RELIANCE LIQUIDITY FUND RELIANCE INFRASTRUCTURE FUND EQUITY 1,958,095 881.14 - -

RELIANCE NATURAL RESOURCES FUND EQUITY 3,589,844 1,615.43 - -

INDIABULLS SECURITIES LIMITE RELIANCE LIQUIDITY FUND RELIANCE FLOATING RATE FUND DEBT 5,000,000 4,944.53 - -


RELIANCE LIQUID FUND - TREASURY PLAN DEBT 5,000,000 4,924.02 5,000,000 4,962.01


INDIAN METAL AND FERRO ALLOYS LIMIT RELIANCE FLOATING RATE FUND RELIANCE EQUITY OPPORTUNITIES FUND EQUITY 1,250,000 4,837.50 1,250,000 9,238.13

RELIANCE TAX SAVER FUND EQUITY 1,250,000 4,837.50 1,250,000 9,238.13

INFOSYS TECHNOLOGIES LTD. RELIANCE MEDIUM TERM FUND RELIANCE EQUITY ADVANTAGE FUND EQUITY 604,000 9,757.14 375,000 9,809.81

RELIANCE EQUITY FUND EQUITY 200,000 4,334.04 - -


RELIANCE EQUITY OPPORTUNITIES FUND EQUITY 776,000 13,189.11 150,000 3,923.93

RELIANCE GROWTH FUND EQUITY 250,000 4,864.79 653,904 17,105.80 RELIANCE MONTHLY INCOME PLAN EQUITY 100,000 2,361.37 - -



RELIANCE REGULAR SAVING FUND - BALANCED OPTION EQUITY 75,000 1,529.81 50,000 1,307.98 RELIANCE REGULAR SAVING FUND - EQUITY OPTION EQUITY 275,000 5,959.31 250,000 6,539.88

RELIANCE TAX SAVER (ELSS) FUND EQUITY 601,326 10,878.60 - -

RELIANCE VISION FUND EQUITY 575,000 11,364.86 400,945 10,488.52

INFRASTRUCTURE DEVELOPMENT FINANCE CRELIANCE LIQUID FUND - TREASURY PLAN RELIANCE FIXED HORIZON FUND - IV - SERIES 7 DEBT 700,000 712.78 - - RELIANCE SHORT TERM FUND RELIANCE INTERVAL FUND - QUARTERLY INTERVAL FUND - SERIES II DEBT 500,000 517.96 - -

RELIANCE DIVERSIFIED POWER SECTOR FUND EQUITY 4,831,650 6,886.02 4,831,650 7,776.54

RELIANCE EQUITY FUND EQUITY 3,000,000 3,970.54 3,000,000 4,828.50

RELIANCE FIXED HORIZON FUND - VII - SERIES 2 DEBT 21,200,000 21,550.38 - - RELIANCE FIXED HORIZON FUND VIII - SERIES 3 DEBT 100,000 102.45 - -

RELIANCE FIXED HORIZON FUND - VIII - SERIES 4 DEBT 2,000,000 2,047.89 - -

RELIANCE FIXED HORIZON FUND - X - SERIES 7 DEBT - - 800,000 802.70 RELIANCE FIXED HORIZON FUND - XIII - SERIES 1 DEBT 6,500,000 6,112.93 800,000 775.47

RELIANCE FIXED HORIZON FUND IV - SERIES 5 DEBT 1,950,000 1,981.01 - - RELIANCE FIXED HORIZON FUND - IX - SERIES 9 DEBT 15,100,000 15,475.39 16,300,000 16,304.38



RELIANCE FIXED HORIZON FUND - XIII - SERIES 4 DEBT 7,050,000 6,269.28 7,050,000 6,559.93 RELIANCE FIXED HORIZON FUND - XIII - SERIES 5 DEBT 600,000 542.83 - -



RELIANCE INTERVAL FUND - ANNUAL INTERVAL FUND - SERIES I DEBT 400,000 412.19 400,000 401.35

RELIANCE INFRASTRUCTURE FUND EQUITY 6,123,100 8,448.60 6,123,100 9,855.13 RELIANCE INTERVAL FUND - MONTHLY INTERVAL FUND - SERIES I DEBT 600,000 598.60 - -




RELIANCE MONEY MANAGER FUND DEBT 194,930,000 193,958.23 19,750,000 19,612.23 RELIANCE MONTHLY INCOME PLAN DEBT 19,100,000 17,865.13 6,600,000 6,397.63

RELIANCE MONTHLY INCOME PLAN EQUITY 498,250 649.64 - -

RELIANCE REGULAR SAVING FUND - BALANCED OPTION DEBT 2,500,000 2,479.49 2,500,000 2,479.82

RELIANCE REGULAR SAVING FUND - BALANCED OPTION EQUITY 700,000 1,020.29 350,000 563.33 RELIANCE REGULAR SAVING FUND - EQUITY OPTION EQUITY 3,000,000 3,999.60 3,000,000 4,828.50

ING VYSYA BANK LTD. R EL IA NC E L IQ UI D F UN D - T RE AS UR Y P LA N R EL IA NC E IN TE RV AL F UN D - Q UA RT ER LY I NT ER VA L F UN D - S ER IE S I I C ER TI FI CA TE O F D EP OS IT 2 2, 80 0, 00 0 22,463.02 16,500,000 16,315.66

RELIANCE BANKING FUND EQUITY 940,000 1,607.29 1,166,104 3,221.95

RELIANCE FIXED HORIZON FUND - IX - SERIES 9 CERTIFICATE OF DEPOSIT 2,500,000 2,478.40 2,500,000 2,484.38 RELIANCE FIXED HORIZON FUND - X - SERIES 3 CERTIFICATE OF DEPOSIT 5,000,000 4,983.84 - -



RELIANCE FLOATING RATE FUND CERTIFICATE OF DEPOSIT 21,000,000 20,744.15 3,200,000 3,166.88 R EL IA NC E IN TE RV AL FU ND - M ON TH LY IN TE RV AL FU ND - S ER IE S I C ER TI FI CA TE OF DE PO SI T 1 ,0 00 ,0 00 998.39 - -


RELIANCE LIQUID FUND - TREASURY PLAN CERTIFICATE OF DEPOSIT 30,000,000 29,662.12 25,000,000 24,702.10


RELIANCE LIQUIDITY FUND FIXED DEPOSIT 1,500,000,000 15,000.00 - - RELIANCE MEDIUM TERM FUND CERTIFICATE OF DEPOSIT 105,350,000 103,899.29 - -

RELIANCE MEDIUM TERM FUND FIXED DEPOSIT 8,500,000,000 85,000.00 - -

RELIANCE MONEY MANAGER FUND CERTIFICATE OF DEPOSIT 151,250,000 147,856.18 - -

RELIANCE MONEY MANAGER FUND FIXED DEPOSIT 15,500,000,000 155,000.00 - - RELIANCE MONTHLY INCOME PLAN EQUITY 200,000 333.08 - -


ITC LTD RELIANCE FIXED HORIZON FUND-XIII-SERIES-2 RELIANCE EQUITY ADVANTAGE FUND EQUITY 1,000,000 1,902.81 2,826,367 7,434.76

RELIANCE FIXED HORIZON FUND-XIII-SERIES-6 RELIANCE MONTHLY INCOME PLAN EQUITY 2,709,500 6,741.20 2,000,000 5,261.00 RELIANCE FIXED HORIZON FUND-XIII-SERIES- RELIANCE QUANT PLUS FUND EQUITY 75,000 182.27 150,000 394.58

RELIANCE INTERVAL FUND - QUARTERLY PLAN - SERIES I RELIANCE REGULAR SAVING FUND - BALANCED OPTION EQUITY 200,000 374.00 - -

RELIANCE QUARTERLY INTERVAL FUND - SERIES III RELIANCE REGULAR SAVING FUND - EQUITY OPTION EQUITY - - 793,000 2,085.99

RELIANCE SHORT TERM FUND RELIANCE TAX SAVER (ELSS) FUND EQUITY 4,648,265 10,029.55 2,070,000 5,445.14 RELIANCE VISION FUND EQUITY 3,000,000 5,809.80 2,845,000 7,483.77

JINDAL SAW LTD. RELIANCE INTERVAL FUND - QUARTERLY PLAN - SERIES I RELIANCE GROWTH FUND EQUITY 105,000 285.42 12,850,055 27,293.52

RELIANCE INFRASTRUCTURE FUND EQUITY 1,108,311 4,317.43 3,141,555 6,672.66

RELIANCE NATURAL RESOURCES FUND EQUITY - - 3,540,990 7,521.06 RELIANCE REGULAR SAVING FUND - EQUITY OPTION EQUITY - - 1,500,000 3,186.00

KOTAK MAHINDRA BANK LTD RELIANCE LIQUIDITY FUND RELIANCE INTERVAL FUND - QUARTERLY INTERVAL FUND - SERIES II DEBT 10,000,000 9,845.70 10,000,000 9,886.03

RELIANCE MEDIUM TERM FUND RELIANCE BANKING EXCHANGE TRADED FUND EQUITY 341 1.30 6,665 49.86

RELIANCE BANKING FUND EQUITY - - 327,244 2,448.28 RELIANCE DIVERSIFIED POWER SECTOR FUND FIXED DEPOSIT 1,800,000,000 18,000.00 - -


RELIANCE FIXED HORIZON FUND - IX - SERIES 6 CERTIFICATE OF DEPOSIT 500,000 499.31 500,000 499.47

RELIANCE FIXED HORIZON FUND - XIII - SERIES 3 CERTIFICATE OF DEPOSIT 5,000,000 4,714.02 5,000,000 4,795.95 R EL IA NC E IN TE RV AL F UN D - A NN UA L I NT ER VA L F UN D - S ER IE S I C ER TI FI CA TE O F D EP OS IT 2 ,5 00 ,0 00 2,354.05 550,000 546.51


RELIANCE GROWTH FUND EQUITY - - 608,235 4,550.51


RELIANCE INCOME FUND CERTIFICATE OF DEPOSIT 10,500,000 10,400.13 - - RELIANCE INFRASTRUCTURE FUND FIXED DEPOSIT 1,400,000,000 14,000.00 - -


R EL IA NC E IN TE RV AL F UN D - M ON TH LY I NT ER VA L F UN D - S ER IE S I C ER TI FI CA TE O F D EP OS IT 7 50 ,0 00 747.92 - - RELIANCE LIQUID FUND - TREASURY PLAN CERTIFICATE OF DEPOSIT 68,500,000 68,007.56 - - RELIANCE LIQUID FUND - TREASURY PLAN DEBT 5,000,000 4,922.85 5,000,000 4,943.01

RELIANCE LIQUID FUND - TREASURY PLAN FIXED DEPOSIT 1,000,000,000 10,000.00 - -

RELIANCE LIQUIDITY FUND CERTIFICATE OF DEPOSIT 86,750,000 86,210.18 - -


RELIANCE MEDIUM TERM FUND CERTIFICATE OF DEPOSIT 77,150,000 76,324.07 - - RELIANCE MEDIUM TERM FUND FIXED DEPOSIT 1,300,000,000 13,000.00 - -



RELIANCE MONEY MANAGER FUND FIXED DEPOSIT 14,350,000,000 143,500.00 - - RELIANCE REGULAR SAVING FUND - BALANCED OPTION CERTIFICATE OF DEPOSIT 100,000 94.86 - -

RELIANCE REGULAR SAVING FUND - DEBT OPTION CERTIFICATE OF DEPOSIT 21,750,000 21,549.64 17,500,000 17,329.16

RELIANCE SHORT TERM FUND CERTIFICATE OF DEPOSIT 10,200,000 10,141.26 100,000 99.36

RELIANCE VISION FUND FIXED DEPOSIT 400,000,000 4,000.00 - -



( Rs. In lacs )



LARSEN & TOUBRO LTD. RELIANCE INCOME FUND RELIANCE DIVERSIFIED POWER SECTOR FUND EQUITY - - 974,800 15,897.53

RELIANCE INTERVAL FUND - QUARTERLY PLAN - SERIES - I RELIANCE EQUITY ADVANTAGE FUND EQUITY 328,000 4,953.00 500,000 8,154.25

RELIANCE LIQUIDITY FUND RELIANCE EQUITY LINKED SAVING FUND - SERIES EQUITY - - 30,000 489.26

RELIANCE SHORT TERM FUND RELIANCE EQUITY OPPORTUNITIES FUND EQUITY 500,000 7,945.85 450,000 7,338.83 RELIANCE INFRASTRUCTURE FUND EQUITY 400,000 5,945.29 400,000 6,523.40



RELIANCE MONEY MANAGER FUND DEBT 155,000,000 155,054.98 - - RELIANCE MONTHLY INCOME PLAN EQUITY 324,800 5,185.81 300,000 4,892.55

RELIANCE NATURAL RESOURCES FUND EQUITY 150,000 2,031.11 - -



MAHINDRA & MAHINDRA FIN SER LTD RELIANCE LIQUID FUND - TREASURY PLAN RELIANCE FIXED HORIZON FUND - IV - SERIES 7 DEBT 7,500,000 7,698.30 - -



RELIANCE MONEY MANAGER FUND DEBT 48,500,000 49,959.81 200,000 199.94

MARUTI SUZUKI INDIA LTD RELIANCE FIXED HORIZON FUND - IV SERIES - 5 RELIANCE EQUITY ADVANTAGE FUND EQUITY 443,000 6,211.54 300,000 4,253.85

RELIANCE FIXED HORIZON FUND - IV SERIES - V RELIANCE EQUITY FUND EQUITY 200,000 3,074.00 600,000 8,507.70

RELIANCE FIXED HORIZON FUND - IV SERIES - VI RELIANCE GROWTH FUND EQUITY - - 653,850 9,271.27

RELIANCE FIXED HORIZON FUND VII - SERIES 3 RELIANCE QUANT PLUS FUND EQUITY 37,400 560.55 12,000 170.15 RELIANCE FIXED HORIZON FUND VII - SERIES 4 RELIANCE REGULAR SAVING FUND - BALANCED OPTION EQUITY 30,000 462.37 - -

RELIANCE FIXED HORIZON FUND VII - SERIES 6 RELIANCE TAX SAVER (ELSS) FUND EQUITY 28,800 276.11 - - RELIANCE FIXED HORIZON FUND X SERIES 2 RELIANCE VISION FUND EQUITY 300,000 4,849.62 854,490 12,116.24


RELIANCE FIXED HORIZON FUND-XIII-SERIES-3RELIANCE FIXED HORIZON FUND-XIII-SERIES-

RELIANCE INCOME FUND

RELIANCE SHORT TERM FUND

MUNDRA PORT & SPECIAL ECO ZONE LTD RELIANCE FIXED HORIZON FUND VII - SERIES 4 RELIANCE INFRASTRUCTURE FUND EQUITY 976,100 6,002.88 - -

NATIONAL BANK FOR AGRI. & RURAL DE RELIANCE LIQUID FUND - TREASURY PLAN RELIANCE FIXED HORIZON FUND - V - 3 YEARS PLAN - SERIES 1 DEBT 50,000 49.50 50,000 49.96

RELIANCE FIXED HORIZON FUND - X - SERIES 7 DEBT 50,000 54.86 - -

RELIANCE FIXED HORIZON FUND - IX - SERIES 9 DEBT 14,840,000 15,894.91 - - RELIANCE FIXED HORIZON FUND - IX - SERIES 5 DEBT 250,000 265.83 - -

RELIANCE FIXED HORIZON FUND - IX - SERIES 6 DEBT 1,700,000 1,683.72 1,250,000 1,248.97


RELIANCE FIXED HORIZON FUND - VII - SERIES 5 DEBT 400,000 431.75 - - RELIANCE FIXED HORIZON FUND - XII - SERIES 3 DEBT 2,250,000 2,246.84 2,250,000 2,248.15


RELIANCE FLOATING RATE FUND CERTIFICATE OF DEPOSIT 2,500,000 2,470.07 2,500,000 2,472.26


RELIANCE INCOME FUND CERTIFICATE OF DEPOSIT 10,000,000 9,449.12 - - RELIANCE INCOME FUND DEBT 4,710,000 3,480.26 - -

RELIANCE INTERVAL FUND - QUARTERLY INTERVAL FUND - SERIES I DEBT 450,000 444.89 450,000 449.63

RELIANCE INTERVAL FUND - MONTHLY INTERVAL FUND - SERIES I DEBT 1,400,000 1,396.11 - -

RELIANCE LIQUID FUND - TREASURY PLAN DEBT 58,250,000 58,135.79 - - RELIANCE LIQUIDITY FUND DEBT 169,350,000 168,603.88 - -




RELIANCE MONEY MANAGER FUND DEBT 285,940,000 284,917.03 21,290,000 21,359.83 RELIANCE REGULAR SAVING FUND - BALANCED OPTION DEBT 2,900,000 2,906.78 2,500,000 2,497.95

RELIANCE REGULAR SAVING FUND - DEBT OPTION CERTIFICATE OF DEPOSIT 150,000 142.40 - -



RELIANCE SHORT TERM FUND DEBT 8,310,000 8,762.74 2,210,000 2,217.25

PETRONET LNG LTD RELIANCE FIXED HORIZON FUND-XIV-SERIES-7 RELIANCE DIVERSIFIED POWER SECTOR FUND EQUITY 3,278,333 2,122.47 - -

RELIANCE MONEY MANAGER FUND DEBT 100 10,073.90 100 10,043.29

PTC INDIA LIMITED RELIANCE FIXED HORIZON FUND-XIV-SERIES-2 RELIANCE DIVERSIFIED POWER SECTOR FUND EQUITY 3,700,000 2,813.47 16,046,917 17,980.57

RELIANCE FLOATING RATE FUND RELIANCE REGULAR SAVING FUND - BALANCED OPTION EQUITY 400,000 300.00 - -

RELIANCE REGULAR SAVING FUND - EQUITY OPTION EQUITY 2,000,000 1,500.00 2,000,000 2,241.00

RELIANCE CAPITAL LTD RELIANCE LIQUID FUND - TREASURY PLAN RELIANCE BANKING FUND EQUITY 200,000 1,812.68 200,000 1,512.10 RELIANCE LIQUIDITY FUND RELIANCE EQUITY ADVANTAGE FUND EQUITY 150,000 1,268.99 - -



RELIANCE FIXED HORIZON FUND - XIV - SERIES 1 DEBT 8,500,000 8,878.25 8,500,000 8,603.32 RELIANCE MONEY MANAGER FUND DEBT 4,000,000 4,019.22 1,800,000 1,821.88

RELIANCE QUANT PLUS FUND EQUITY 25,000 225.02 - -



RELIANCE REGULAR SAVING FUND - EQUITY OPTION EQUITY 107,496 394.04 - - RELIANCE TAX SAVER (ELSS) FUND EQUITY 200,000 1,725.19 - -

RELIANCE INFRASTRUCTURE LIMITED RELIANCE FIXED HORIZON FUND - IV SERIES - 5 RELIANCE DIVERSIFIED POWER SECTOR FUND EQUITY - - 2,374,014 23,717.59

RELIANCE FIXED HORIZON FUND - IV SERIES - V RELIANCE EQUITY ADVANTAGE FUND EQUITY 284,629 1,596.22 709,629 7,089.55 RELIANCE FIXED HORIZON FUND - IV SERIES - VI RELIANCE EQUITY FUND EQUITY 23,000 230.21 927,358 9,264.77

RELIANCE FIXED HORIZON FUND - XII - SERIES 3 RELIANCE GROWTH FUND EQUITY - - 750,000 7,492.88

RELIANCE FIXED HORIZON FUND - XII - SERIES 4 RELIANCE INFRASTRUCTURE FUND EQUITY 809,000 10,164.43 809,000 8,082.31

RELIANCE FIXED HORIZON FUND - XII - SERIES 5 RELIANCE LONG TERM EQUITY FUND EQUITY 400,000 4,674.73 350,000 3,496.68

RELIANCE LIQUID FUND - TREASURY PLAN RELIANCE MONTHLY INCOME PLAN EQUITY 298,000 2,247.39 - - RELIANCE LIQUID PLUS FUND RELIANCE NATURAL RESOURCES FUND EQUITY 400,000 2,953.67 975,074 9,741.48

RELIANCE LIQUIDITY FUND RELIANCE NRI EQUITY FUND EQUITY - - 50,000 499.53

RELIANCE MEDIUM TERM FUND RELIANCE QUANT PLUS FUND EQUITY 21,100 252.24 15,000 149.86

RELIANCE REGULAR SAVING FUND - BALANCED OPTION EQUITY 175,000 1,649.56 150,000 1,498.58 RELIANCE REGULAR SAVING FUND - EQUITY OPTION EQUITY 648,313 5,981.04 728,000 7,273.08


RELIANCE VISION FUND EQUITY - - 989,031 9,880.91

RELIANCE POWER LIMITED RELIANCE FIXED HORIZON FUND - IV SERIES - V RELIANCE DIVERSIFIED POWER SECTOR FUND EQUITY 1,757,000 2,698.98 1,757,000 2,625.84 RELIANCE FIXED HORIZON FUND - IX - SERIES 1

RELIANCE FIXED HORIZON FUND - XII - SERIES 3

RELIANCE FIXED HORIZON FUND - XII - SERIES 4

RELIANCE FIXED HORIZON FUND - XII - SERIES 5RELIANCE FIXED HORIZON FUND IX SERIES 2

RELIANCE FIXED HORIZON FUND IX SERIES 5

RELIANCE FIXED HORIZON FUND IX SERIES 9

RELIANCE FIXED HORIZON FUND VII - SERIES 2

RELIANCE FIXED HORIZON FUND VII - SERIES 3RELIANCE FIXED HORIZON FUND VII - SERIES 5

RELIANCE FIXED HORIZON FUND VIII - SERIES I



RELIANCE FIXED HORIZON FUND-XIII-SERIES-5RELIANCE FIXED HORIZON FUND-XIII-SERIES-6

RELIANCE FIXED HORIZON FUND-XIII-SERIES-

RELIANCE FIXED HORIZON FUND-XIV-SERIES-1

RELIANCE FIXED HORIZON FUND-XIV-SERIES-2RELIANCE FIXED HORIZON FUND-XIV-SERIES-4



RELIANCE INTERVAL FUND - QUARTERLY PLAN - SERIES - I

RELIANCE LIQUID PLUS FUNDRELIANCE LIQUIDITY FUND

RELIANCE MEDIUM TERM FUND

RELIANCE QUARTERLY INTERVAL FUND - SERIES III

RHC HOLDING PVT LTD RELIANCE LIQUIDITY FUND RELIANCE LIQUIDITY FUND DEBT 10,000,000 10,000.00 - -



SESA GOA LTD.RELIANCE FIXED HORIZON FUND - XII - SERIES 4 RELIANCE REGULAR SAVING FUND - BALANCED OPTION EQUITY 295,000 470.18 - - RELIANCE FIXED HORIZON FUND X SERIES 2 RELIANCE REGULAR SAVING FUND - EQUITY OPTION EQUITY 751,000 1,698.95 - -



RELIANCE FIXED HORIZON FUND-XIV-SERIES-5RELIANCE MONTHLY INTERVAL FUND - SERIES I

SHREE CEMENT LTD. RELIANCE FIXED HORIZON FUND - IV SERIES - VII RELIANCE LIQUIDITY FUND DEBT 29,000,000 29,002.31 - -

RELIANCE FIXED HORIZON FUND- VII - SERIES 1 RELIANCE MONEY MANAGER FUND DEBT 14,000,000 14,018.49 - -

STATE BANK OF INDIA RELIANCE LIQUID FUND - TREASURY PLAN RELIANCE BANKING EXCHANGE TRADED FUND EQUITY 543 5.90 10,637 221.06

RELIANCE BANKING FUND EQUITY - - 700,546 14,558.75

RELIANCE DIVERSIFIED POWER SECTOR FUND EQUITY 300,076 4,208.37 250,193 5,199.51

RELIANCE DIVERSIFIED POWER SECTOR FUND FIXED DEPOSIT 1,500,000,000 15,000.00 - - RELIANCE EQUITY ADVANTAGE FUND EQUITY 73,000 1,299.99 350,000 7,273.70


RELIANCE EQUITY FUND FIXED DEPOSIT 250,000,000 2,500.00 - -


RELIANCE EQUITY OPPORTUNITIES FUND EQUITY 250,000 5,244.10 425,000 8,832.35 RELIANCE FLOATING RATE FUND FIXED DEPOSIT 300,000,000 3,000.00 - -

RELIANCE GROWTH FUND EQUITY 899,788 15,859.67 1,170,409 24,323.44


RELIANCE INFRASTRUCTURE FUND EQUITY 384,744 6,733.09 200,715 4,171.26

RELIANCE MEDIUM TERM FUND FIXED DEPOSIT 5,000,000,000 50,000.00 - - RELIANCE MONTHLY INCOME PLAN DEBT 2,000,000 2,001.49 1,230,000 1,217.13

RELIANCE MONTHLY INCOME PLAN EQUITY 849,640 17,210.20 449,764 9,347.00


RELIANCE QUANT PLUS FUND EQUITY 12,000 224.49 22,000 457.20 RELIANCE REGULAR SAVING FUND - BALANCED OPTION EQUITY 90,000 1,767.05 50,000 1,039.10

RELIANCE REGULAR SAVING FUND - EQUITY OPTION EQUITY 307,496 6,127.07 500,000 10,391.00

RELIANCE REGULAR SAVING FUND - EQUITY OPTION FIXED DEPOSIT 500,000,000 5,000.00 - -

RELIANCE TAX SAVER (ELSS) FUND EQUITY 754,124 12,370.80 700,000 14,547.40


STERLITE INDUSTRIES LTD. RELIANCE FIXED HORIZON FUND - XII - SERIES 4 RELIANCE DIVERSIFIED POWER SECTOR FUND EQUITY 1,036,208 6,892.52 1,503,464 12,778.69

RELIANCE FIXED HORIZON FUND X SERIES 2 RELIANCE EQUITY ADVANTAGE FUND EQUITY 634,009 4,622.41 335,916 2,855.12 RELIANCE FIXED HORIZON FUND-XIII-SERIES-2 RELIANCE EQUITY FUND EQUITY 356,132 2,467.13 890,000 7,564.56 RELIANCE FIXED HORIZON FUND-XIII-SERIES-3 RELIANCE EQUITY LINKED SAVING FUND - SERIES EQUITY 25,000 159.56 - -

RELIANCE FIXED HORIZON FUND-XIV-SERIES-1 RELIANCE INCOME FUND DEBT 27,500,000 25,970.40 - -

RELIANCE FIXED HORIZON FUND-XIV-SERIES-5 RELIANCE INFRASTRUCTURE FUND EQUITY 1,458,648 9,112.81 932,988 7,929.93

RELIANCE LIQUID FUND - TREASURY PLAN RELIANCE LIQUIDITY FUND DEBT 110,000,000 110,180.48 - -

RELIANCE LIQUID PLUS FUND RELIANCE MEDIUM TERM FUND DEBT 46,000,000 44,260.39 - - RELIANCE MEDIUM TERM FUND RELIANCE MONEY MANAGER FUND DEBT 186,000,000 185,290.77 - -

RELIANCE MONTHLY INTERVAL FUND - SERIES I RELIANCE NATURAL RESOURCES FUND EQUITY 635,674 4,263.10 - -

RELIANCE MONTHLY INTERVAL FUND - SERIES I RELIANCE NRI EQUITY FUND EQUITY 50,000 192.76 75,000 637.46

RELIANCE QUANT PLUS FUND EQUITY 30,000 216.79 25,000 212.49 RELIANCE REGULAR SAVING FUND - BALANCED OPTION EQUITY 224,776 1,629.95 150,000 1,274.93

RELIANCE REGULAR SAVING FUND - DEBT OPTION DEBT 150,000 143.13 - -

RELIANCE SHORT TERM FUND DEBT 19,000,000 18,177.56 - -


RELIANCE VISION FUND EQUITY 763,060 4,794.80 - -



( Rs. In lacs )



SUNDARAM FINANCE LIMITED RELIANCE INTERVAL FUND - QUARTERLY PLAN - SERIES I RELIANCE FIXED HORIZON FUND - IV - SERIES 7 DEBT 220,000 235.64 - -

RELIANCE FIXED HORIZON FUND - V - 3 YEARS PLAN - SERIES 1 DEBT - - 750,000 757.96

RELIANCE FIXED HORIZON FUND VIII - SERIES 2 DEBT 800,000 822.55 - -

RELIANCE FIXED HORIZON FUND - VIII - SERIES 4 DEBT 150,000 162.08 - - RELIANCE FIXED HORIZON FUND VIII - SERIES 5 DEBT 150,000 162.79 - -

RELIANCE FIXED HORIZON FUND - IX - SERIES 9 DEBT - - 1,000,000 1,007.74

RELIANCE FIXED HORIZON FUND - IX - SERIES 10 DEBT - - 1,750,000 1,784.20

RELIANCE FIXED HORIZON FUND - VII - SERIES 5 DEBT 150,000 160.57 - - RELIANCE FIXED HORIZON FUND - XII - SERIES 4 DEBT 10,000,000 10,000.00 10,000,000 10,005.13


RELIANCE FIXED HORIZON FUND - XIII - SERIES 5 DEBT 500,000 529.99 500,000 506.40


RELIANCE FIXED HORIZON FUND - XIV - SERIES 2 DEBT 3,300,000 3,522.28 3,300,000 3,342.27 RELIANCE FIXED HORIZON FUND - XIV - SERIES 3 DEBT 1,700,000 1,794.44 1,700,000 1,725.40

RELIANCE FIXED HORIZON FUND - XIV - SERIES 4 DEBT 800,000 846.65 800,000 811.96


RELIANCE FLOATING RATE FUND DEBT 5,550,000 5,494.57 - - RELIANCE INTERVAL FUND - MONTHLY INTERVAL FUND - SERIES I DEBT 4,900,000 5,201.68 3,400,000 3,400.73

RELIANCE INTERVAL FUND - MONTHLY INTERVAL FUND - SERIES I DEBT 500,000 545.52 - -



RELIANCE LONG TERM EQUITY FUND EQUITY 568,000 1,738.03 568,000 2,142.78 RELIANCE MEDIUM TERM FUND DEBT 450,000 484.38 - -

RELIANCE MONEY MANAGER FUND DEBT 36,800,000 37,152.17 7,500,000 7,525.96 RELIANCE MONTHLY INCOME PLAN EQUITY 1,550 5.41 - -


RELIANCE SHORT TERM FUND DEBT 15,000,000 15,000.00 - - RELIANCE FIXED HORIZON FUND - XII - SERIES 5 DEBT 1,600,000 1,601.35 1,600,000 1,600.34

SYNDICATE BANK LTD. RELIANCE LIQUIDITY FUND RELIANCE FIXED HORIZON FUND - IX - SERIES 9 FIXED DEPOSIT 430,000,000 4,300.00 - -

RELIANCE FIXED HORIZON FUND - VII - SERIES 5 CERTIFICATE OF DEPOSIT 900,000 895.30 - - RELIANCE FLOATING RATE FUND CERTIFICATE OF DEPOSIT 500,000 496.06 - -

RELIANCE GROWTH FUND CERTIFICATE OF DEPOSIT 5,000,000 4,911.80 - -


RELIANCE INFRASTRUCTURE FUND CERTIFICATE OF DEPOSIT 10,000,000 9,706.35 - -

R EL IA NC E IN TE RV AL FU ND - M ON TH LY IN TE RV AL FU ND - S ER IE S I C ER TI FI CA TE OF DE PO SI T 2 4, 00 0, 00 0 23,914.70 16,700,000 16,645.89 RELIANCE LIQUID FUND - TREASURY PLAN CERTIFICATE OF DEPOSIT 24,000,000 23,867.67 - -



RELIANCE MONEY MANAGER FUND CERTIFICATE OF DEPOSIT 158,500,000 155,635.19 20,000,000 19,501.02 RELIANCE MONEY MANAGER FUND FIXED DEPOSIT 1,570,000,000 15,700.00 - -

RELIANCE REGULAR SAVING FUND - DEBT OPTION CERTIFICATE OF DEPOSIT 6,000,000 5,994.70 - -


TATA CHEMICALS LTD. RELIANCE FLOATING RATE FUND RELIANCE GROWTH FUND EQUITY 500,000 1,433.06 1,630,165 5,349.39

TATA STEEL LTD. RELIANCE LIQUID FUND - TREASURY PLAN RELIANCE EQUITY ADVANTAGE FUND EQUITY 2,409,559 10,441.86 950,172 6,005.56

RELIANCE LIQUIDITY FUND RELIANCE EQUITY FUND EQUITY 723,000 3,789.89 500,000 3,160.25

RELIANCE MEDIUM TERM FUND RELIANCE GROWTH FUND EQUITY 1,962,000 7,292.42 901,000 5,694.77 RELIANCE GROWTH FUND GDR 1,962,000 7,239.31 - -

RELIANCE MONEY MANAGER FUND DEBT 53,500,000 53,510.81 26,000,000 25,976.35

RELIANCE MONTHLY INCOME PLAN DEBT 20,000,000 20,995.19 20,000,000 19,981.81

RELIANCE MONTHLY INCOME PLAN EQUITY 315,000 1,721.91 - -

RELIANCE NATURAL RESOURCES FUND EQUITY 6,016,876 25,050.86 2,300,836 14,542.43 RELIANCE NATURAL RESOURCES FUND GDR 2,616,000 9,652.41 - -

RELIANCE NRI EQUITY FUND EQUITY 150,000 410.31 - -



RELIANCE REGULAR SAVING FUND - EQUITY OPTION EQUITY 448,500 2,507.91 448,500 2,834.74 RELIANCE SHORT TERM FUND DEBT 5,000,000 5,248.80 5,000,000 4,995.45

RELIANCE TAX SAVER (ELSS) FUND EQUITY 5,103,036 24,502.25 1,000,000 6,320.50


UCO BANK REL IA NCE LIQUI D FUND - TREA SURY PL AN RE LIANC E INTE RVA L FUND - QUA RTERL Y INTE RV AL FUND - SE RIE S II CE RTIFI CATE OF DE PO SI T 7 50, 00 0 743.24 - -

RELIANCE FIXED HORIZON FUND - IX SERIES 1 CERTIFICATE OF DEPOSIT 18,700,000 18,563.13 - -

RELIANCE FIXED HORIZON FUND - IX - SERIES 2 CERTIFICATE OF DEPOSIT 100,000 97.96 - -

RELIANCE FIXED HORIZON FUND - IX - SERIES 6 CERTIFICATE OF DEPOSIT 1,500,000 1,450.40 - -

RELIANCE FIXED HORIZON FUND - X - SERIES 1 CERTIFICATE OF DEPOSIT 300,000 296.82 - - RELIANCE FIXED HORIZON FUND - XII - SERIES 3 CERTIFICATE OF DEPOSIT 3,500,000 3,246.61 - -

RELIANCE FIXED HORIZON FUND - XII - SERIES 4 CERTIFICATE OF DEPOSIT 400,000 383.86 - -

RELIANCE FIXED HORIZON FUND - XIII - SERIES 3 CERTIFICATE OF DEPOSIT 7,500,000 7,089.61 7,500,000 7,199.46

RELIANCE FIXED HORIZON FUND - X - SERIES 5 CERTIFICATE OF DEPOSIT 17,700,000 17,572.19 - - RELIANCE FLOATING RATE FUND CERTIFICATE OF DEPOSIT 5,000,000 4,957.43 - -

RELIANCE INCOME FUND CERTIFICATE OF DEPOSIT 2,600,000 2,459.01 - -

R EL IA NC E IN TE RV AL FU ND - M ON TH LY IN TE RV AL FU ND - S ER IE S I C ER TI FI CA TE OF DE PO SI T 1 ,0 00 ,0 00 996.96 - -


RELIANCE LIQUID FUND - TREASURY PLAN CERTIFICATE OF DEPOSIT 45,000,000 44,561.33 20,000,000 19,804.43 RELIANCE LIQUIDITY FUND CERTIFICATE OF DEPOSIT 44,950,000 44,744.11 - -



RELIANCE MONTHLY INCOME PLAN CERTIFICATE OF DEPOSIT 24,000,000 23,004.05 24,000,000 23,038.27 RELIANCE REGULAR SAVING FUND - BALANCED OPTION CERTIFICATE OF DEPOSIT 2,600,000 2,464.88 1,000,000 959.93

RELIANCE REGULAR SAVING FUND - DEBT OPTION CERTIFICATE OF DEPOSIT 1,000,000 947.73 - -


ULTRATECH CEMENT LTD. RELIANCE FIXED HORIZON FUND-XIII-SERIES-5 RELIANCE EQUITY OPPORTUNITIES FUND EQUITY 650,000 4,730.17 - - RELIANCE NATURAL RESOURCES FUND EQUITY 1,050,000 7,735.94 - -

VOLTAMP TRANSFORMERS LTD. RELIANCE REGULAR SAVING DEBT FUND RELIANCE DIVERSIFIED POWER SECTOR FUND EQUITY - - 637,957 5,413.70



ANNEXURE - IV

Name of SchemeName of associate / related parties / group

companies of sponsor / AMC

Nature of Association

/ Nature of relationPeriod covered Business given (Rs.in C

RELIANCE GOLD EXCHANGE TRADED FUND RELIANCE SECURITIES LTD Group 2008-2009

Commission paid to associates/related parties/group companies of sponsor/AMC



Historical Per Unit as on 31 .03.2010


As on As on As on

Per Unit Particulars (Rupees) March 31st 2010 March 31st 2009 March 31st 2008

Face Value RS.100/- RS.100/- RS.100/-

Net Asset Value

Dividend Payout 1566.2859 1,460.7700 1,199.8276

Income

Other than profit on sale of investment 0.11 1.10 3.60

From profit on inter-scheme sales/transfer of - - - investments - -

From profit on sale of investment to third party 147.81 117.26 47.47

Gross Income 147.92 118.36 51.07

Expenses & Losses

Aggregate of expenses,write-off,amortisation

and charges 13.81 14.49 4.66

Loss on sale/redemption of Investments - - -

Provision for depreciation in value of

investments

Provision for Loss on Securities

Gross Expenditure 13.81 14.49 4.66

Net Income 134.11 103.87 46.41

Unrealised appreciation in value of investments (66.66) 247.93 174.45

Unprovided depreciation in value of investments

Ratio of expenses to average net assets 1.00 1.00 1.00

Ratio of gross income to average net assets 10.71 8.17 10.96

REPURCHASE PRICE

Highest

Dividend Payout - -

Lowest

Dividend Payout - -

RESALE PRICE

Highest

Dividend Payout - 1,291.7394

Lowest

Dividend Payout - 1,017.7258