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Online IPO & Mutual Funds Investments with Reliance Securities 2024

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Reliance Securities Limited IPO and Mutual Funds Investment
  1. The Pioneer Discount Broker
  2. Get 100% Free Delivery Trading
  3. Free Direct Mutual Funds & SIP

IPO Investment through Reliance Securities

Reliance Securities as a Stock Broker is no longer offering online IPO application to its clients. After SEBI’s mandate in Jan 2016, all application in IPO and FPO (Initial Public Offering and Follow on Public Offering) has to be channel through ASBA (Applications Supported by Blocked Amount) process through Self-Certified Syndicate Bank (SCSB).

You can apply in IPOs with any of the self-certified syndicate banks by providing Reliance Securities DP account details. After allotment, you can use your Reliance Securities Trading account to trade and sell in your holding of shares.

Current and Upcoming IPO's investment with Reliance Securities

Step to Invest in IPOs

  • Login into your net banking account.
  • Go to Investment options, Select IPO.
  • Under IPO Page – Select the IPO you wish to invest.
  • Provide the required information like PAN No, Demat Account Number and number of shares and bid price (including option to select cut off price ).
  • Submit application subject to availability of clear balance in your bank account.

Detail Article on ASBA Process for IPO Investment >> Read

Note: Client having account in those bank who are not offering paperless ASBA application or those client who do not do online banking has to fill the physical application and submit to syndicate member for onward submission to client’s bank for blocking required amount in client ‘s bank account.

What type of account I need to invest in IPO?

To invest in IPO, you need to have:

  • Bank account with Self-Certified Syndicate Bank.
  • DP account with any broker.
  • Trading Account to trade in holding of shares.

Where can I find the Self-Certified Syndicate Bank branches list?

List of Self-Certified Syndicate Banks under the ASBA facility are available on SEBI, NSE and BSE Sites.

Where can I find my Reliance Securities DP Account Number?

You can find Reliance Securities Depository Account Number from welcome letter sent to you , back office software , your monthly demat holding statement or calling Reliance Securities Customer care.

Mutual Fund Investment with Reliance Securities:

You can invest in Mutual Funds with Reliance Securities in three easy ways:

  1. With the assistance from their Relationship Managers that help you in choosing a Mutual Fund that meet your needs.
  2. Online via their trading website www.rsec.co.in. Free research and tips on Mutual Funds is also available online for better decision making.
  3. Directly from their Mutual Fund houses website like https://www.reliancemutual.com/. In this case you even don’t need a trading account. You can invest in MF after going through KYC.

Reliance Securities Ltd allows you to Invest in MF through the Systematic Investment Plan (SIP).

Reliance Mutual Funds broadly come under 4 categories:

  • Equity Funds
  • Debt Funds
  • Liquid Funds
  • Gold Funds

Steps to Invest in Mutual Funds  SIP online with Reliance Securities:

  • Login to your Reliance Securities Account.
  • Select Investment Offerings > Mutual Funds.
  • Click on register SIP.
  • Select Fund > select SIP amount and tenure.
  • Confirm your SIP.

What is Systematic Investment Plans (SIPs)?

A systematic investment plan is one where an investor contributes a fixed amount at specific intervals of time and at the prevailing NAV the units are credited to his account.

What is NAV?

A Mutual Fund NAV (Net asset Value) is the price per share of a particular fund. In simple words it reflects the current market price of unit held by an investor. NAV doesn’t change throughout the day like a stock price will.

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Last Updated on 13th Sep 2023