The primary investment objective of this scheme is to generate consistent returns by investing in equity/equity related or fixed income securities of power and other companies associated with the power sector. And it has achieved its given objective splendidly!
With assets under management, or AUM, to the tune of Rs 4,937.46 (November 30, 2007), Reliance Diversified Power Sector Fund has declared a dividend of Rs 40 till now this year.
Reliance Diversified Power Sector Fund has emerged as the top-gun among the mutual funds with an annual return of 129.72 per cent as calculated on December 13, 2007.
The fund managed by Sunil Singhania was launched on April 15, 2004, and has done consistently well since then.
Here's the top 10 holdings in this fund's portfolio:
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