Reliance MF's CPSE ETF to open on Mar 14; to raise Rs 2,500-cr
The government will next week launch the third tranche of CPSE Exchange Traded Fund, managed by Reliance Mutual Fund, to garner about Rs 2,500 crore.
Mar 08, 2017, 19:53 PM IST
CPSE ETF oversubscribed by 2 times, gets bids worth Rs 12,000 crore
The second tranche sale of government's exchange traded fund (ETF) of top 10 state-owned companies saw bids worth Rs 12,000 crore from investors, which is twice the amount sought to be raised.
Jan 20, 2017, 20:15 PM IST
Now purchase mutual funds through FreeCharge
FreeCharge on Friday announced the launch of Mutual Funds on its platform in partnership with Reliance Mutual Fund.
Jan 20, 2017, 11:36 AM IST
Reliance Growth Fund touches net asset value of Rs 900
Reliance Capital Asset Management's open-ended equity growth scheme, Reliance Growth Fund, has achieved a net asset value (NAV) of Rs 900.
Sep 08, 2016, 15:33 PM IST
Reliance MF gets govt nod to manage CPSE ETF
Reliance Mutual Fund has received the government's approval to manage its Rs 3,000 crore CPSE Exchange Traded Fund, which was launched in March 2014.
Sep 01, 2016, 19:09 PM IST
57% investment professionals bet on equities for best returns
More than half of the country's investment professionals think that equities will provide the best returns to investors compared with other asset classes and have predicted an 11 percent surge in the benchmark BSE Sensex by the end of 2016-17, says a report.
Apr 05, 2016, 15:47 PM IST
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 IST
Nippon 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 IST
Reliance Mutual Fund ups stake to 8% in Indian Hotels
Reliance Mutual Fund has hiked stake in Tatas-run Indian Hotels to nearly 8 percent, making the hospitality sector another key area with significant investments by the two Ambani groups.
Dec 29, 2015, 16:33 PM IST
Reliance 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 IST
Ease of doing biz: Mutual Funds roll out e-KYC for first-time investors
To make it easier for investors to buy or sell mutual fund products, fund houses are offering an electronic, or e-KYC, initiative to first-time investors.
Oct 18, 2015, 13:35 PM IST
Nippon-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 IST
Reliance Cap shares gain 5% as Nippon to up stake in unit
Shares of Reliance Capital rose by nearly 5 percent as Japanese financial services giant Nippon will hike its stake in India's top fund house Reliance Mutual Fund from 26 percent to 49 percent.
Nov 26, 2014, 21:50 PM IST
Reliance Capital to double market capitalisation in 3-4 yrs: Ambani
Besides Reliance Capital, which has applied for universal banking licence, would explore all opportunities in the banking space.
Sep 30, 2014, 14:56 PM IST
Reliance MF to launch India-focussed funds abroad
RCAM is part of Anil Ambani-led business conglomerate Reliance Group's financial services arm Reliance Capital.
Sep 29, 2014, 12:53 PM IST
