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Reliance Mutual Fund

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Reliance Mutual Fund (’RMF’/ ’Mutual Fund’) is one of India’s leading Mutual Funds, with Average Assets Under Management (AAUM) of Rs. 1,03,542 Crores (Jan to Mar ’14 Quarter) and 55.08 Lakh folios. (31st Mar 14) Source : http://www.amfiindia.com/ Reliance Mutual Fund, a part of the Reliance Group, is one of the fastest growing mutual funds in India. RMF offers investors a well-rounded portfolio of products to meet varying investor requirements and has presence in 179 cities across the country.

Reliance Mutual Fund constantly endeavors to launch innovative products and customer service initiatives to increase value to investors. Reliance Capital Asset Management Limited (‘RCAM’) is the asset manager of Reliance Mutual Fund. RCAM is a subsidiary of Reliance Capital Limited (RCL). Presently, RCL holds 65.23% of its total issued and paid-up equity share capital and the balance of its issued and paid up equity share capital is held by other shareholders which includes Nippon Life Insurance Company (“NLI”), holding 26% of RCAM’s total issued and paid up equity share capital. NLI acquired the said 26% share holding in RCAM on August 17, 2012.

Reliance Capital Ltd. is one of India’s leading and fastest growing private sector financial services companies, and ranks among the top 3 private sector financial services and banking companies, in terms of net worth. Reliance Capital Ltd. has interests in asset management, life and general insurance, private equity and proprietary investments, stock broking and other financial services.