As on 22 May 2014, the NAV was recorded at Rs 612.52. The scheme was launched on 25 September 1995 with the primary investment objective to achieve long term growth of capital through a research based investment approach. The scheme is managed by Sunil Singhania.
Reliance Growth Fund, a mid-cap oriented fund, is primarily invested in financial, information technology, industrials and healthcare companies.
The fund has a corpus of Rs 4169.79 crore and the investors that stayed with the fund since inception have been benefited by growing their wealth over 60-times till date.