Nippon Life completes acquisition to buy 14% in Reliance MF
Japanese financial services giant Nippon Life has completed acquisition of additional 14 percent stake in Reliance Capital Asset Management (RCAM) for Rs 1,200 crore, raising its holding to 49 percent.
Mar 17, 2016, 12:45 PM ISTNippon Life-Reliance Capital deal gets Sebi approval
Japanese financial services giant Nippon Life has got markets regulator Sebi's nod for raising its stake in Reliance Mutual Fund to 49 per cent, completing the regulatory approval process for the deal.
Mar 03, 2016, 16:12 PM ISTReliance MF eyes more acquisitions after Goldman Sachs buy
After acquiring Goldman Sachs' India mutual fund business, top fund house Reliance Capital Asset Management (RCAM) is looking for more acquisitions in this highly-fragmented market.
Oct 22, 2015, 23:08 PM ISTMutual funds bullish on EPFO move to invest in equity funds
The government's decision to allow Employees' Provident Fund Organisation (EPFO) invest 5 percent of its Rs 1 trillion investible fund in exchange traded equity funds has made mutual fund houses bullish about launching retirement equity funds, industry officials said.
Jul 17, 2015, 22:50 PM ISTIndia's mutual funds base to top $325 bn by 2018: RCAM's Sikka
Riding on the overall positive mood on the Indian economy, the asset base of the mutual fund industry in the country is set to grow faster at 18.6 percent per annum to top Rs.20 lakh crore ($325 billion) by 2018, says a top industry expert.
May 10, 2015, 18:21 PM ISTReliance MF ropes in Samsung AMC for strategic alliance
Top fund house Reliance Capital Asset Management Company on Friday roped in the largest Korean asset management firm Samsung AMC for a strategic alliance, which will allow the two companies to manage, market and distribute each other's investment products in India and South Korea.
Apr 24, 2015, 11:38 AM ISTNippon Life hikes stake in Reliance MF to 35 percent
Japanese financial services giant Nippon Life has completed its acquisition of 9 percent additional stake in Reliance Capital Asset Management (RCAM) for Rs 657 crore, taking its total equity to 35 percent.
Feb 27, 2015, 12:34 PM ISTReliance MF gets regulatory approvals for Nippon deal
Leading mutual fund house Reliance Capital Asset Management (RCAM) today said it has completed the regulatory clearance process for sale of additional stake to Japan's Nippon Life, following approvals of CCI and EPFO.
Feb 18, 2015, 13:49 PM ISTNippon-Reliance Capital Asset Management deal gets CCI nod
Competition Commission has approved Japanese financial services giant Nippon's proposed deal to hike its stake in India's top fund house Reliance Mutual Fund to 49 percent in multiple tranches.
Feb 02, 2015, 18:36 PM ISTReliance MF closed-ended equity fund gets record Rs 1,000 cr
In a record collection of funds, a closed-ended equity fund of Reliance Capital Asset Management has garnered Rs 1,000 crore from investors.
Jan 29, 2015, 14:07 PM ISTReliance Growth Fund touches a net asset value of Rs 600
Reliance Capital Asset Management's open-ended equity growth scheme, Reliance Growth Fund, has achieved a net asset value (NAV) of Rs 600.
Jun 22, 2014, 02:03 AM IST