Small, yet fullof potential

Current scheme philosophy aims to :

� Select companies with attractive valuations | � Invest in companies with long term growth potential

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

This product is suitable for investors who are seeking*

· Long term capital growth.

· Investment in equity and equity related securities of small cap companies.*Investors should consult their financial advisors if in doubt about whether the product is suitable for them. Investors understand that their principal will be at Moderately High risk

SMS

char

ges

appl

y.

Contact your financial advisor for further detailsCall 1800 300 11111 | SMS ‘SCAP’ to 561617 I www.reliancemutual.com

RelianceSmall Cap Fund

(An Open-ended Equity Scheme)

Reliance Small Cap Fund

2

SCHEME DETAILS

PORTFOLIO DETAILS

Inception Date

Scheme Type

Fund Managers

Fund Size

Benchmark

Entry Load

Exit Load

• 16th September 2010

• Month end AUM: Rs. 4264.24 crs (July 2017)

• An Open Ended Equity Scheme

• S&P BSE SmallCap

• Samir Rachh• Sunil Singhania

• Not Applicable

• 1% if redeemed or switched out on or before completion of 1 year from the date of allotment of units.

• Nil if redeemed or switched out after completion of 1 year from the date of allot-ment of units

TOP 10 STOCKS WEIGHTAGE (%)

Navin Fluorine International Limited 3.74

Seya Industries Limited 2.85

GIC Housing Finance Limited 2.45

Vindhya Telelinks Limited 2.45

Deepak Nitrite Limited 2.16

Honda Siel Power Products Limited 2.09

West Coast Paper Mills Limited 2.06

Karur Vysya Bank Limited 1.86

LG Balakrishnan & Bros Limited 1.85

Tejas Networks Limited 1.80

For complete portfolio, please refer website www.reliancemutual.com.

TOP 5 SECTORS

IndustrialCapital Goods 9.3%

Chemicals 8.3%

ConsumerNon Durables 7.5%

Textile Products 6.6%

Banks 6.4%

CURRENT INVESTMENT PHILOSOPHY

• The fund attempts to generate superior risk adjusted returns by focusing on the smaller capitaliza-tion companies. Small cap stocks, for the purpose of the fund are defined as stocks whose market capitalization is in between the highest & lowest market capitalization of companies on S&P BSE Small Cap at the time of investment.

• Small cap companies are potential mid caps of tomorrow and offer twin advantage of high growth prospects & relatively lower valuation.

• The fund focuses on identifying good growth businesses with reasonable size, quality manage-ment and rational valuation.

• The investment approach adopts prudent risk management measures like margin of safety and diversification across sectors & stocks with a view to generate superior risk adjusted performance over a period of time.

WHY INVEST

• Small and Mid-Cap space can potentially outperform over the long term especially during sustained uptrends.

• Strong in-house research a key differentiator to identify long term winners and RMF has an estab-lished track record of over 20 years in managing equity strategies.

• Portfolio has optimal mix of Growth, Economic Revival, Value & Thematic plays.

NAV MOVEMENT

The performance details provided herein are of Growth Plan (Regular Plan). Please Refer Page 3 for detailed Scheme Performance

The performance details provided herein are of Growth Plan (Regular Plan). Please Refer Page 4 for detailed SIP Performance

Dividend HistoryRecord Date Rate (Re/ Unit) Cum Dividend NAV *EX Dividend NAV

28-Mar-16 1.20 19.8299 18.6299

24-Mar-15 2.00 21.3040 19.3040

31-Jan-14 1.00 11.6954 10.6954

Disclaimer pertaining to SIP Returns: Past performance may or may not be sustained in the future. Returns on SIP and Benchmark are annualised and cumulative investment return for cash flows resulting out of uniform and regular monthly subscriptions have been worked out on excel spreadsheet function known as XIRR. It is assumed that a SIP of Rs. 10,000/- each executed for Growth Plan (Regular Plan) on 10th of every month has been taken into consideration including the first installment. It may please be noted that load has not been taken into consideration. The amounts invested in SIP and the market values of such investments at respective periodic intervals thereof are simulated for illustrative purposes for understanding the concept of SIP. This illustration should not be construed as a promise, guarantee on or a forecast of any minimum returns. The Mutual Fund or the Investment Manager does not assure any safeguard of capital and the illustrated returns are not necessarily indicative of future results and may not necessarily provide a basis for comparison with other investments. SIP does not guarantee or assure any protection against losses in declining market conditions.

Disclaimer pertaining to Dividend History: Past performance may or may not be sustained in the future. Dividend distribution is subject to availability & adequacy of distributable surplus. The Mutual Fund is not assuring that it will make periodical dividend distributions, though it has every intention of doing so. After the payment of dividend, the per unit NAV falls to the extent of the dividend payout and distribution taxes, if any. Performance of dividend plan/option would be net of applicable statutory levy , if any. Face value of Rs.10. * NAV on the 1st transaction day after Record Date, which includes the mark to market impact also. The above table provides dividend details of Other-than-direct-plan.

General Disclaimer: Data as on 31st July, 2017. Past Performance may or may not be sustained in future. Sector(s)/ Stock(s)/ Issuer(s) mentioned above are for the purpose of disclosure of the portfolio of the scheme(s) and should not be construed as a recommendation. The Fund manager(s) may or may not choose to hold the stock mentioned, from time to time. Investors are requested to consult their financial, tax and other advisors before taking any investment decision(s).

0

5

10

15

20

25

30

35

40

45

Sep-

10

Jan-

11

Apr-

11

Aug-

11

Dec-

11

Apr-

12

Jul-1

2

Nov-

12

Mar

-13

Jun-

13

Oct

-13

Feb-

14

Jun-

14

Sep-

14

Jan-

15

May

-15

Aug-

15

Dec-

15

Apr-

16

Aug-

16

Nov-

16

Mar

-17

Jul-1

7

Nor

mal

ized

Valu

es Reliance Small Cap Fund S&P BSE SMALL CAP

31 Jul 2017

16 September 2010Rs. 1,00,000

Rs. 3,90,766

Rs. 1,58,64431 Jul 2017

INVESTMENT:

BENCHMARK:

SCHEME:Rs. 1 lac invested at the time of inception is worth Rs. 3.91 lac in the scheme compared to Rs. 1.59 lac in the Benchmark.

0%

20%

40%

60%

less than Rs. 3,500 crs Rs. 3,500 crs to

Rs. 10,000 crs Rs. 10,000 crs to Rs. 20,000 crs more than Rs.

20,000 crs

59%

23%

3% 7%

Portfolio Market Capitalization

1.23.6

6.08.3

1.45.3

14.0

23.6

0.0

5.0

10.0

15.0

20.0

25.0

1 Year 3 Years 5 Years Since Inception

SIP Returns

Total Amount Invested (Rs. Lakhs) Market Value (Rs. Lakhs)

SIP Performance

Reliance Small Cap Fund

SCHEME PERFORMANCE SUMMARY

Reliance Small Cap Fund (RSCF)

NAV as on Jul 31, 2017: Rs 39.0766

Particulars CAGR %

1 Year 3 Years 5 Years Since Inception

Reliance Small Cap Fund 38.12 27.42 33.12 21.92

B: S&P BSE SmallCap 30.55 17.21 20.06 6.94

AB: S&P BSE Sensex 15.82 7.88 13.53 7.78

Value of Rs.10000 Invested

Reliance Small Cap Fund 13,837 20,702 41,835 39,077

B: S&P BSE SmallCap 13,074 16,111 24,959 15,864

AB: S&P BSE Sensex 11,591 12,556 18,864 16,745

Inception Date: Sep 16, 2010

Fund Manager: Samir Rachh (Since Sep 2010) & Sunil Singhania (Since Dec 2006)

Note: Different plans shall have a different expense structure. The performance details provided herein are of Growth Plan (Regular Plan).

PERFORMANCE OF OTHER OPEN ENDED SCHEMES MANAGED BY THE SAME FUND MANAGERS

Fund Manager: Samir Rachh

Scheme Name/sCAGR %

1 Year Return 3 Years Return 5 Years ReturnScheme Benchmark Scheme Benchmark Scheme Benchmark

Reliance Mid & Small Cap Fund 22.38 26.43 19.89 19.72 25.13 21.00Reliance Regular Savings Fund - Equity Option 19.94 17.70 15.92 10.17 19.60 14.80

Mr. Samir Rachh has been managing Reliance Mid & Small Cap Fund since Sep 2010 jointly with Mr. Sunil Singhania who has been managing the fund since Dec 2006.Mr. Samir Rachh has been managing Reliance Regular Savings Fund - Equity Option since April 2017.

Note: a. Mr. Samir Rachh manages 3 open-ended schemes of Reliance Mutual Fund .b. In case the number of schemes managed by a fund manager is more than six, in the performance data of other schemes, the top 3 and bottom 3 schemes managed by fund

manager has been provided herein.c. Period for which scheme’s performance has been provided is computed basis last day of the month-end preceding the date of advertisementd. Different plans shall have a different expense structure. The performance details provided herein are of Growth Plan (Regular Plan).

Fund Manager: Sunil Singhania

Scheme Name/sCAGR %

1 Year Return 3 Years Return 5 Years ReturnScheme Benchmark Scheme Benchmark Scheme Benchmark

Reliance Growth Fund 25.01 17.70 18.26 10.17 21.03 14.80Reliance Diversified Power Sector Fund 35.14 11.83 13.05 2.88 15.14 4.14Reliance Mid & Small Cap Fund 22.38 26.43 19.89 19.72 25.13 21.00

Mr. Sunil Singhania has been managing Reliance Growth Fund since December 2003.Mr. Sunil Singhania has been managing Reliance Diversified Power Sector Fund since May 2004 and jointly with Mr. Sanjay Doshi since Jan 2017.Mr. Sunil Singhania has been managing Reliance Small Cap since September 2012 and jointly with Mr. Samir Rachh since Jan 2017.

Note: a. Mr. Sunil Singhania manages 4 open-ended schemes of Reliance Mutual Fund .b. In case the number of schemes managed by a fund manager is more than six, in the performance data of other schemes, the top 3 and bottom 3 schemes managed by fund

manager has been provided herein.c. Period for which scheme’s performance has been provided is computed basis last day of the month-end preceding the date of advertisementd. Different plans shall have a different expense structure. The performance details provided herein are of Growth Plan (Regular Plan).

Note: Performance as on July 31, 2017

B: Benchmark, AB: Additional Benchmark,

Past performance may or may not be sustained in future and the same may not necessarily provide the basis for comparison with other investment. Performance of the schemes (wherever provided) are calculated basis CAGR for the past 1 year, 3 years, 5 years and since inception. Dividends (if any) are assumed to be reinvested at the prevailing NAV. Bonus (if any) declared has been adjusted. In case, the start/end date of the concerned period is non-business day (NBD), the NAV of the previous date is considered for computation of returns. Schemes which have not completed one year, performance details for the same are not provided. Performance details of closed ended schemes are not provided since these are not comparable with other schemes.

PRODUCT LABELS

Name of Scheme This product is suitable for investors who are seeking*:

Reliance Growth Fund(An Open Ended Equity Growth Scheme)

• long term capital growth• investment in equity and equity related instruments through a research

based approach

Reliance Mid & Small Cap Fund(An Open Ended Diversified Equity Scheme)

• long term capital growth• investment in equity and equity related securities including derivatives

Reliance Regular Savings Fund - Equity Option(An Open Ended Scheme)

• long term capital growth• investment in equity and equity related securities

Reliance Diversified Power Sector Fund(An Open Ended Power Sector Scheme)

• long term capital growth• investment in equity and equity related securities of companies in power

sector

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

3

Investors understand that their principalwill be at Moderately High risk

Investors understand that their principalwill be at High risk

Reliance Small Cap Fund

4

SIP PERFORMANCE OF EQUITY SCHEMES (as on July 31, 2017)

Reliance Small Cap FundPeriod Since Inception 15 Years 10 Years 5 Years 3 Years 1 Year

Total Amount Invested (Rs.) 830,000 - - 600,000 360,000 120,000

Market Value (Rs.) 2,360,917 - - 1,395,090 529,614 144,139

Scheme Return (%) 30.01 - - 34.86 27.19 41.39

B: S&P BSE SmallCap Return(%) 18.15 - - 23.83 21.59 37.15

AB: S&P BSE Sensex Return(%) 11.37 - - 12.38 12.00 26.92

Reliance Growth FundPeriod Since Inception 15 Years 10 Years 5 Years 3 Years 1 Year

Total Amount Invested (Rs.) 2,620,000 1,800,000 1,200,000 600,000 360,000 120,000

Market Value (Rs.) 68,747,657 11,491,545 2,825,141 1,025,799 478,597 139,674

Scheme Return (%) 24.87 22.13 16.40 21.80 19.71 33.41

B: S&P BSE 100 Return(%) 13.66 14.26 11.56 14.30 14.23 28.26

AB: S&P BSE Sensex Return(%) 12.68 13.51 10.55 12.38 12.00 26.92

Reliance Diversified Power Sector FundPeriod Since Inception 15 Years 10 Years 5 Years 3 Years 1 Year

Total Amount Invested (Rs.) 1,590,000 - 1,200,000 600,000 360,000 120,000

Market Value (Rs.) 4,268,219 - 2,038,727 990,850 495,701 146,440

Scheme Return (%) 13.92 - 10.27 20.36 22.28 45.56

B: S&P BSE Power Index Return(%) 2.92 - 1.22 7.89 9.33 17.29

AB: S&P BSE Sensex Return(%) 11.60 - 10.55 12.38 12.00 26.92

Reliance Mid & Small Cap FundPeriod Since Inception 15 Years 10 Years 5 Years 3 Years 1 Year

Total Amount Invested (Rs.) 1,280,000 - 1,200,000 600,000 360,000 120,000

Market Value (Rs.) 3,723,169 - 3,370,180 1,133,541 479,442 137,357

Scheme Return (%) 18.96 - 19.68 25.99 19.84 29.32

B: S&P BSE MidSmallCap Return(%) 15.10 - 15.76 22.89 21.85 33.09

AB: S&P BSE Sensex Return(%) 10.27 - 10.55 12.38 12.00 26.92

Reliance Regular Savings Fund - Equity OptionPeriod Since Inception 15 Years 10 Years 5 Years 3 Years 1 Year

Total Amount Invested (Rs.) 1,460,000 - 1,200,000 600,000 360,000 120,000

Market Value (Rs.) 4,187,235 - 2,738,556 968,059 459,103 137,230

Scheme Return (%) 16.23 - 15.82 19.39 16.72 29.10

B: S&P BSE 100 Return (%) 11.43 - 11.56 14.30 14.23 28.26

AB: S&P BSE Sensex Return (%) 10.59 - 10.55 12.38 12.00 26.92

Inception Dates: Reliance Small Cap Fund - 16/09/2010, Reliance Growth Fund - 08/10/1995, Reliance Diversified Power Sector Fund - 08/05/2004, Reliance Mid & Small Cap Fund - 26/12/2006, Reliance Regular Savings Fund - Equity Option - 08/06/2005

B: Benchmark, AB: Additional Benchmark. Disclaimer: Past performance may or may not be sustained in the future. Returns on SIP and Benchmark are annualised and cu-mulative investment return for cash flows resulting out of uniform and regular monthly subscriptions have been worked out on excel spreadsheet function known as XIRR. It is assumed that a SIP of Rs. 10,000/- each executed on 10th of every month for Growth Plan (Regular Plan) has been taken into consideration including the first installment. It may please be noted that load has not been taken into consideration. The amounts invested in SIP and the market values of such investments at respective periodic intervals thereof are simulated for illustrative purposes for understanding the concept of SIP. This illustration should not be construed as a promise, guaran-tee on or a forecast of any minimum returns. The Mutual Fund or the Investment Manager does not assure any safeguard of capital and the illustrated returns are not necessarily indicative of future results and may not necessarily provide a basis for comparison with other investments. SIP does not guarantee or assure any protection against losses in declining market conditions.

Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.