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

This product is suitable for investors who are seeking*• Income over short term

• Investment in debt and money market instruments such that Macaulay duration of the portfolio is between 6 - 12 months

*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 Low risk

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To know more, log on to www.reliancemutual.com or contact your financial advisor

RelianceLow Duration Fund

(Formerly Reliance Money Manager Fund)(An open ended low duration debt scheme investing in debt

and money market instruments such that the Macaulay duration of the portfolio is between 6 - 12 months)

Thinkingwhere to park your

idle money in the short term?

• Fund endeavors to invest minimum 90% in AAA & AA+ rated issuers.• The fund would invest predominantly into fixed income securities upto 1.25 yrs maturity.

• The weighted average maturity of the fund would be in the range of 180 to 250 days.• The underlying assets provide capital gains as they roll down to lower maturity.

Recommendation for investments:• The fund would be ideal for investors seeking better returns with relatively low volatility.

• The ideal investment horizon for the fund would be anywhere between 3 months to 6 months.

Reliance Low Duration Fund

Why Invest in Reliance Low Duration Fund

� This fund offers investors an opportunity to participate at the shorter end of the yield curve. The nature of the fund provides greater flex-ibility in portfolio construct with low capital risk positioning

� The portfolio predominantly invests in good credit quality instruments and endeavors to provide moderate yield pick up with low volatility

Ideal Investment Horizon

� Ideal for Investors with short term investment horizon (3 to 6 months) and a low risk appetite.

Rating Profile as on 31st August, 2018

Scheme Attributes as on 31st August, 2018

Weighted Average YTM1 8.14%

Weighted Average Maturity 247 days

Modified Duration 212 days

1The weighted average YTM displayed above is for the invested amount of the portfolio ( i.e. excluding other receivables) For the entire portfolio weighted aver-age YTM , i.e including other receivables 8.09%.

Asset Allocation as on 31st August, 2018

About Reliance Low Duration Fund

This fund is managed as a low maturity fund which invests predomi-nantly in upto 2-6 month money market assets with a small allocation to 9-18 month assets (typically not more than 20% of the portfolio.) The fund manager endeavors to provide a moderate yield pick up, with relatively lower re-investment risks.

Portfolio Mix

� Money Market Assets comprising of CPs, CDs, T bills and Cash & Cash equivalents.

� Corporate bonds of up to one year.

Current Investment Strategy

� Fund endeavors to invest minimum 90% in AAA & AA+ rated issuers.

� The weighted average maturity of the fund would be in the range of 180 to 250 days.

� The fund would invest predominantly into fixed income securities upto 1.25 years maturity.

� These assets also provide capital gains as they roll down to lower maturity.

Scheme Features

Inception Date 20 March,2007

Fund Manager Amit Tripathi & Anju Chhajer#

Benchmark CRISIL Ultra Short Term Debt Index (w.e.f. May 19, 2018)

Minimum Application Amount

Daily Dividend Option- Rs.10,000 & in multiples of Re. 1 thereafter; Weekly Dividend Option- Rs.5,000 & in multi-ples of Re. 1 thereafter; Other Plans and Options- Rs.500 & in multiples of Re. 1 thereafter

Month end AUM as on 31/08/2018 Rs. 14229.51 Crs

Plans & Options

i) Growth Plan/Direct Plan - Growth Plan: (i) Growth Optionii) a) Dividend Plan/ Direct Plan - Dividend Plan - Dividend Option b) Dividend Plan/ Direct Plan - Dividend Plan with the frequency of Daily (only reinvestment option)Weekly, Monthly, Quarterly) Both the above mentioned dividend plan/ Direct Plan - Dividend Plan offers Dividend Payout and Dividend Re-investment facility.

Exit Load ** (** If charged, the same shall be credited to the scheme immediately net of goods & service tax, if any)

Nil

# Kinjal Desai: Dedicated Fund Manager for Overseas Investments

AAA/SOV/A1+/Cash & Other Receivables, 91.44%AA+, 3.21%

AA, 5.35%

Corporate Bond, 45.23%

Money Market Instruments, 44.79%

PTC, 4.84%

Floating Rate Note, 2.99%

GSecs incl SDLs, 0.02%

Cash & Other Receivables, 2.14%

Reliance Low Duration Fund

Portfolio as on 31st August, 2018

Company/Issuer Rating % of AssetsCertificate of Deposit 19.60

IndusInd Bank Limited CRISIL A1+/ICRA A1+ 8.42

Axis Bank Limited CRISIL A1+/ICRA A1+ 5.15

HDFC Bank Limited CARE A1+ 2.39

AU Small Finance Bank Limited CRISIL A1+ 1.35

ICICI Bank Limited ICRA A1+ 0.95

Yes Bank Limited ICRA A1+ 0.68

Small Industries Dev Bank of India CARE A1+ 0.67

Commercial Paper 25.19

Housing Development Finance Corporation Limited ICRA A1+ 4.73

Reliance Industries Limited CRISIL A1+ 3.51

Bharti Telecom Limited CRISIL A1+ 2.56

Muthoot Finance Limited CRISIL A1+ 1.84

Housing & Urban Development Corporation Limited FITCH A1+ 1.70

LIC Housing Finance Limited CRISIL A1+ 1.69

Magma Fincorp Limited CARE A1+ 1.63

Clix Capital Services Pvt Ltd CRISIL A1+ 1.01

Clix Finance India Private Limited CRISIL A1+ 0.93

Indiabulls Housing Finance Limited CRISIL A1+ 0.86

Reliance Jio Infocomm Limited CRISIL A1+/CARE A1+ 0.72

Piramal Realty Private Limited CARE A1+(SO) 0.70

IVL Finance Limited CRISIL A1+ 0.66

JM Financial Asset Reconstruction Company Limited ICRA A1+ 0.64

Tata Capital Financial Services Limited CRISIL A1+ 0.39

TV18 Broadcast Limited ICRA A1+ 0.34

IndoStar Capital Finance Limited CRISIL A1+ 0.28

Deutsche Investments India Pvt Limited CRISIL A1+ 0.23

Gruh Finance Limited CRISIL A1+ 0.13

Sundaram BNP Paribas Home Finance Limited ICRA A1+ 0.12

L & T Housing Finance CARE A1+ 0.10

Kotak Mahindra Investments Limited ICRA A1+ 0.10

Tata Steel Limited ICRA A1+ 0.07

Rural Electrification Corporation Limited CRISIL A1+ 0.04

Vedanta Limited CRISIL A1+ 0.04

Indus Towers Limited ICRA A1+ 0.04

Shriram Transport Finance Company Limited CRISIL A1+ 0.04

Tata Power Company Limited CRISIL A1+ 0.03

Bajaj Finance Limited CRISIL A1+ 0.03

Corporate Bond 42.59

ONGC Petro Additions Limited CARE AAA(SO) 5.81

Power Finance Corporation Limited CRISIL AAA 5.08

Small Industries Dev Bank of India CARE AAA 4.48

Company/Issuer Rating % of AssetsPiramal Enterprises Limited ICRA AA 2.89

Housing Development Finance Corporation Limited CRISIL AAA 2.71

Rural Electrification Corporation Limited CRISIL AAA 2.57

National Housing Bank CRISIL AAA 2.10

National Bank For Agriculture and Rural Development CRISIL AAA 2.10

Muthoot Finance Limited CRISIL AA 1.76

Nabha Power Limited ICRA AAA(SO) 1.74

Aditya Birla Finance Limited CARE AAA 1.71

LIC Housing Finance Limited CRISIL AAA 1.66

Indiabulls Housing Finance Limited CARE AAA/ICRA AAA/CRISIL AAA 1.39

Tata Capital Financial Services Limited ICRA AAA 1.03

Export Import Bank of India CRISIL AAA 0.99

Jamnagar Utilities & Power Private Limited CRISIL AAA 0.97

TATA Realty & Infrastructure Limited CRISIL AA 0.70

Reliance Jio Infocomm Limited CRISIL AAA 0.70

Indian Railway Finance Corporation Limited CRISIL AAA 0.50

Gruh Finance Limited CRISIL AAA 0.46

Dewan Housing Finance Corporation Limited CARE AAA 0.44

Capital First Limited CARE AA+ 0.35

Aditya Birla Housing Finance Limited ICRA AAA 0.28

Tata Motors Limited CARE AA+ 0.07

HDB Financial Services Limited CRISIL AAA 0.07

NTPC Limited CRISIL AAA 0.03

UltraTech Cement Limited CRISIL AAA 0.02

Oriental Nagpur Betul Highway Limited CRISIL AAA(SO) 0.00

Floating Rate Note 2.99

Dewan Housing Finance Corporation Limited CARE AAA 2.81

Shriram Transport Finance Company Limited CRISIL AA+ 0.18

State Government Bond 0.02

State Government Securities SOV 0.02

Zero Coupon Bond 2.64

Bharti Telecom Limited CRISIL AA+ 1.45

KKR India Financial Services Private Limited CRISIL AA+ 1.05

IDFC Bank Limited FITCH AA+ 0.11

National Bank For Agriculture and Rural Development CRISIL AAA 0.02

PTC 4.84

RENT-A-DEVICE TRUST ICRA AAA(SO) 2.38

Rainbow Devices Trust ICRA AAA(SO) 1.24

Sansar Trust ICRA AAA(SO) 0.99

MFL Securitisation Trust ICRA AAA(SO) 0.22

Cash & Other Receivables 2.14

Grand Total 100.00

Scheme specific Risk factor:Trading volumes and settlement periods may restrict liquidity in debt investments. Investment in Debt is subject to price, credit, and interest rate risk. The NAV of the Scheme may be affected, inter alia, by changes in the market conditions, interest rates, trading volumes, settlement periods and transfer procedures. The NAV may also be subjected to risk associated with investment in derivatives, foreign securities or script lending as may be permissible by the Scheme Information Document.

Disclaimers:The information herein above is meant only for general reading purposes and the views being expressed only constitute opinions and therefore cannot be considered as guidelines, recommendations or as a professional guide for the readers. Before making any investments, the readers are advised to seek independent professional advice, verify the contents in order to arrive at an informed investment decision.

None of the Sponsor, the Investment Manager, the Trustee, their respective directors, employees, affiliates or representatives shall be liable in any way for any direct, indirect, special, incidental, consequential, punitive or exemplary damages, including on account of lost profits arising from the information contained in this material.

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

Note: The Scheme has undergone fundamental attribute change w.e.f. May 19, 2018. Kindly refer notice cum addendum no. 06 dated April 14, 2018 available on website (www.reliancemutual.com) for the details of the aforementioned change before making investment decision.