Reliance Equity Opportunities Fund

This product is suitable for investors who are seeking*

· Long term capital growth.· investment in equity and equity related securities.

*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

Invest in a fund that aimsto pick up the right opportunities

Invest withReliance Equity Opportunities Fund

• Multi-cap investment mandate with 40-60% allocation in large caps and balance in mid-caps

• Attempts to combine stability of large caps with growth potential of mid-caps

• Unique blend of companies with strong fundamentals and scalable business models, along with exposure to emerging themes

RelianceEquity Opportunities Fund(An open ended Diversified Equity Scheme)

SMS

char

ges

appl

y.

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

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

Reliance Equity Opportunities Fund

TOP 10 STOCKS WEIGHTAGE (%)

State Bank of India 7.92

ICICI Bank Limited 5.41

Larsen & Toubro Limited 4.98

The Indian Hotels Company Limited 4.91

HDFC Bank Limited 4.08

HCL Technologies Limited 3.90

GE T&D India Limited 3.85

Infosys Limited 3.82

Divi's Laboratories Limited 3.36

Cummins India Limited 3.20For complete portfolio, please refer website www.reliancemutual.com.

TOP 5 SECTORS

Banks 21.2%

IndustrialCapital Goods 13.2%

Software 8.3%

Hotels, Resorts And Other Recreational

Activities6.7%

Retailing 6.5%

2

SCHEME DETAILS

PORTFOLIO DETAILS

Inception Date

Scheme Type

Fund Manager

Fund Size

Benchmark

Entry Load

Exit Load

• 28th March 2005

• Month end AUM: Rs. 10054.52 crs (July 2017)

• An Open Ended Diversified Equity Scheme

• S&P BSE 100

• Sailesh Raj Bhan

• Nil

• 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 the completion of 1 year from the date of allotment of units.

CURRENT INVESTMENT PHILOSOPHY

It is a multi-cap, trend based fund with the flexibility to be overweight in a particular sector or market caps depending on the potential & opportunities as they arise

� Sector Calls – Emerging Themes & Opportunities not appreciated by markets • Different sectors give different returns over a period of time. • A broader mandate helps take timely sector calls to maximize returns. • Investments based on sector view & not on sector weights of the benchmark index. • Deep research in sectors where there is limited market interest.� Stock Calls – Across Market Caps to diversify the portfolio

• Investment in large caps may help to capture market movements & ensures liquidity in volatile times.

• Investment in niche mid/small cap companies having scalable business models.� Deep Value Stocks - Currently mispriced by markets • Stocks which remain under-valued and under-researched. • Low valuations coupled with quality management & attractive sector fundamentals. • Investments done for long term period

WHY INVEST

� The fund invests in combination of market leaders, sustainable alpha creators and emerging themes.

� The portfolio is well positioned to benefit from domestic revival through allocations in themes like:• Urban Discretionary – Auto, Retail• Short Cycle Capex - Industrial Capital Goods, Industrial Products• Niche Themes - Entertainment, Insurance, Hotels/Resorts

NAV MOVEMENT

Please Refer Page 3 for detailed Scheme Performance

Please Refer Page 4 for detailed SIP Performance

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

17-Mar-17 3.00 31.6909 28.690923-Mar-16 2.75 29.1413 26.391320-Mar-15 4.00 37.7197 33.719714-Mar-14 2.00 26.0320 24.03201-Mar-13 2.50 25.0153 22.5153

29-Mar-12 1.50 23.5418 22.041811-Mar-11 2.00 23.4875 21.629424-Jul-09 2.00 17.1017 15.288619-Mar-08 1.50 18.1927 16.55791-Feb-07 1.50 20.8782 19.52547-Aug-06 1.00 16.4146 15.4147

Reliance Equity Opportunities Fund has given a dividend of Rs. 23.75 per unit on the face value of Rs. 10 per unit, since inception.

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 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 neces-sarily 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 sub-ject 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

10

20

30

40

50

60

70

80

90

100

Nor

mal

ized

Valu

es

Reliance Equity Opportunities Fund S&P BSE 100

31 Jul 2017

28 March 2005

Rs. 1,00,000

Rs. 8,74,746

Rs. 5,16,17931 Jul 2017

SCHEME:

BENCHMARK:

INVESTMENT:

Rs. 1 lac invested at the time of inception is worth Rs. 8.75 lac in the scheme compared to Rs. 5.16 lac in the Benchmark

1.2 3.6 6.012.0 14.8

1.44.3

9.2

30.0

45.6

0.0

10.0

20.0

30.0

40.0

50.0

1 Year 3 Years 5 Years 10 Years Since Inception

SIP Returns

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

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

7% 14% 23%

54%

Portfolio Market Capitalization

Reliance Equity Opportunities Fund

3

SCHEME PERFORMANCE SUMMARY

Reliance Equity Opportunities Fund (REOF)NAV as on Jul 31, 2017: Rs 87.4746

Particulars CAGR %

1 Year 3 Years 5 Years Since Inception

Reliance Equity Opportunities Fund 17.80 13.02 18.49 19.20

B: S&P BSE 100 17.70 10.17 14.80 14.21

AB: S&P BSE Sensex 15.82 7.88 13.53 13.91

Value of Rs. 10000 Invested

Reliance Equity Opportunities Fund 11,791 14,443 23,363 87,475

B: S&P BSE 100 11,780 13,376 19,951 51,618

AB: S&P BSE Sensex 11,591 12,556 18,864 49,940

Inception Date: Mar 28, 2005

Fund Manager: Sailesh Raj Bhan (Since Mar 2005)

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

Fund Manager: Sailesh Raj Bhan

Scheme Name/sCAGR %

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

Reliance Pharma Fund -8.56 -12.84 8.46 4.77 16.35 14.72Reliance Media & Entertainment Fund 5.71 11.49 10.60 15.71 16.87 19.42Reliance Top 200 Fund 23.81 18.56 16.08 11.68 19.79 15.68

Mr. Sailesh Raj Bhan has been managing Reliance Pharma Fund since Jun 2004.Mr. Sailesh Raj Bhan has been managing Reliance Media & Entertainment Fund since Sep 2004.Mr. Sailesh Raj Bhan has been managing Reliance Top 200 Fund since Aug 2007 jointly with Mr. Ashwani Kumar.

Note: a. Mr. Sailesh Raj Bhan 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 Top 200 Fund(An open ended Diversified Equity Scheme)

• long term capital growth

• investment in equity and equity related securities of companies whose market capitalization is within the range of highest & low-est market capitalization of S&P BSE 200 Index.

Reliance Media & Entertainment Fund(An open ended Media & Entertainment sector Scheme)

• long term capital growth

• investment in equity and equity related securities of media and entertainment and other associated companies

Reliance Pharma Fund(An open ended Pharma Sector Scheme)

• long term capital growth

• investment in equity and equity related Securities of pharma & other associated companies

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

Investors understand that their principalwill be at Moderately High risk

Investors understand that their principalwill be at High risk

Reliance Equity Opportunities Fund

4

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

Reliance Equity Opportunities FundPeriod Since Inception 15 Years 10 Years 5 Years 3 Years 1 Year

Total Amount Invested (Rs.) 1,480,000 - 1,200,000 600,000 360,000 120,000

Market Value (Rs.) 4,564,552 - 2,997,324 915,967 433,685 136,484

Scheme Return (%) 17.05 - 17.50 17.11 12.68 27.79

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

AB: S&P BSE Sensex Return (%) 10.74 - 10.55 12.38 12.00 26.92

Reliance Top 200 FundPeriod Since Inception 15 Years 10 Years 5 Years 3 Years 1 Year

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

Market Value (Rs.) 2,728,701 - - 977,270 464,031 139,599

Scheme Return (%) 15.75 - - 19.78 17.48 33.27

B: S&P BSE 200 Return (%) 12.18 - - 15.45 15.11 28.41

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

Reliance Media & Entertainment FundPeriod Since Inception 15 Years 10 Years 5 Years 3 Years 1 Year

Total Amount Invested (Rs.) 1,540,000 - 1,200,000 600,000 360,000 120,000

Market Value (Rs.) 3,729,149 - 2,368,610 818,264 409,867 121,633

Scheme Return (%) 12.96 - 13.10 12.48 8.75 2.66

B: Nifty 500 Media & Entertainment Index Return (%) 12.96 - 14.50 16.69 16.50 11.31

AB: S&P BSE Sensex Return (%) 11.16 - 10.55 12.38 12.00 26.92

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

Total Amount Invested (Rs.) 1,580,000 - 1,200,000 600,000 360,000 120,000

Market Value (Rs.) 6,317,903 - 3,110,846 768,213 349,179 113,755

Scheme Return (%) 19.37 - 18.19 9.92 -2.00 -9.95

B: S&P BSE HC Return(%) 14.35 - 14.73 6.65 -5.83 -14.08

AB: S&P BSE Sensex Return(%) 11.54 - 10.55 12.38 12.00 26.92

Inception Dates: Reliance Equity Opportunities Fund - 28/03/2005, Reliance Top 200 Fund - 08/08/2007, Reliance Media & Entertainment Fund - 30/09/2004, Reliance Pharma Fund - 05/06/2004.

B: Benchmark, AB: Additional Benchmark

Disclaimer: 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 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.

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