Reliance Vision Fund (an open Ended equity growth Scheme) Scheme Information Document

Product Label This product is suitable for investors who are seeking*: • long term capital growth • investment in equity and equity related instruments through a research based approach

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

Continuous offer of the Units of the face value of Rs. 10 each for cash at NAV based prices (subject to applicable load)

The particulars of the Scheme have been prepared in accordance with the NAME OF MUTUAL FUND

Securities and Exchange Board of (Mutual Funds) Regulations 1996, Reliance Mutual Fund (RMF) (herein after referred to as SEBI (MF) Regulations) as amended till date, and filed with SEBI, along with a Due Diligence Certificate from the AMC. The units being offered for public subscription have not been approved or NAME OF ASSET MANAGEMENT COMPANY recommended by SEBI nor has SEBI certified the accuracy or adequacy Reliance Nippon Life Asset Management Limited (RNLAM) of the Scheme Information Document. (formerly Reliance Capital Asset Management Limited)

The Scheme Information Document sets forth concisely the information about CIN : U65910MH1995PLC220793 the scheme that a prospective investor ought to know before investing. Before investing, investors should also ascertain about any further changes to this NAME OF TRUSTEE COMPANY Scheme Information Document after the date of this Document from the Mutual Fund / Investor Service Centres /Website / Distributors or . Reliance Capital Trustee Co. Limited (RCTC) CIN : U65910MH1995PLC220528 The investors are advised to refer to the Statement of Additional Information (SAI) for details of Reliance Mutual Fund, Tax and Legal issues and general information on www.reliancemutual.com. Corporate office (RMF, RNLAM, RCTC)

Reliance Centre, 7th Floor South Wing,

SAI is incorporated by reference (is legally a part of the Off Western Express Highway, Scheme Information Document). For a free copy of the current SAI, please contact your nearest Investor Service Centre or Santacruz (East), Mumbai - 400 055. log on to our website. Tel No. - 022- 33031000; Fax No. - 022- 33037662

Website : www.reliancemutual.com The Scheme Information Document should be read in conjunction with the SAI and not in isolation. Registered Office (RNLAM, RCTC) :

H Block, 1st Floor, Dhirubhai Ambani Knowledge City,

This Scheme Information Document is dated March 30, 2017 Koparkhairne, Navi Mumbai - 400 710. Table of Contents

HIGHLIGHTS/SUMMARY OF THE SCHEME...... 1

I. INTRODUCTION...... 4

A. RISK FACTORS...... 4

B. REQUIREMENT OF MINIMUM INVESTORS IN THE SCHEME...... 7

C. SPECIAL CONSIDERATIONS...... 7

D. DEFINITIONS & ABBREVIATIONS...... 8

E. DUE DILIGENCE BY THE ASSET MANAGEMENT COMPANY...... 9

II. INFORMATION ABOUT THE SCHEME –...... 10

A. TYPE OF THE SCHEME...... 10

B. WHAT IS THE INVESTMENT OBJECTIVE OF THE SCHEME?...... 10

C. HOW WILL THE SCHEME ALLOCATE ITS ASSETS?...... 10

D. WHERE WILL THE SCHEME INVEST?...... 10

E. WHAT ARE THE INVESTMENT STRATEGIES?...... 11

F. FUNDAMENTAL ATTRIBUTES...... 14

G. HOW WILL THE SCHEME BENCHMARK ITS PERFORMANCE?...... 15

H. WHO MANAGES THE SCHEME?...... 15

I. WHAT ARE THE INVESTMENT RESTRICTIONS?...... 15

J. HOW HAS THE SCHEME PERFORMED?...... 17

K. aDDITIONAL DISCLOSURES...... 18

III. UNITS AND OFFER...... 19

A. NEW FUND OFFER (NFO)...... 19

B. ONGOING OFFER DETAILS...... 22

C. PERIODIC DISCLOSURES...... 47

D. COMPUTATION OF NAV...... 48

IV. FEES AND EXPENSES...... 49

A. NEW FUND OFFER (NFO) EXPENSES...... 49

B. aNNUAL SCHEME RECURRING EXPENSES...... 49

C. LOAD STRUCTURE...... 50

D. WAIVER OF LOAD FOR DIRECT APPLICATIONS...... 51

E. TRANSACTION