Nippon-Reliance Capital Asset Management deal gets CCI nod

Last Updated: Monday, February 2, 2015, 18:36

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.

Reliance MF assets surpass Rs 1 lakh crore level

Last Updated: Sunday, January 5, 2014, 11:53

Having regained the Rs 1 lakh crore level for average assets under management, leading fund house Reliance Capital Asset Management Company (RCAM) expects revival in retail investor interest in mutual funds to continue through the current fiscal and in the next year.

Reliance MF recommences sale of gold savings fund

Last Updated: Wednesday, October 23, 2013, 18:51

Nearly three months after suspending new subscription to its gold saving scheme, Reliance Mutual Fund on Wednesday resumed acceptance of fresh investors money for this fund.

Reliance MF retail debt assets grow 144% to Rs 19K cr

Last Updated: Wednesday, October 16, 2013, 18:26

Reliance Mutual Fund has posted a growth of nearly 1.5 times in its retail debt asset base to close to Rs 19,000 crore for the last fiscal 2012-13.

Reliance MF launches portfolio SIP, targets Rs 1K cr in 1st yr

Last Updated: Tuesday, November 20, 2012, 19:36

Reliance Mutual Fund has launched portfolio systematic investment plan (PSIP) that will enable retail customers to invest in multiple schemes run by the company and said it aims to raise Rs 1,000 crore through this route in the first year of launch.

Rel MF sells 35 lakh shares in Take Solutions for Rs 10.8 cr

Last Updated: Thursday, November 15, 2012, 21:42

Reliance Mutual Fund Thursday offloaded over 35 lakh shares of IT firm Take Solutions for nearly Rs 11 crore to Shriram Entrepreneurial Ventures through open market transactions.

Gold ETF records Rs 1,413 cr turnover in Dhanteras: Reliance MF

Last Updated: Wednesday, November 14, 2012, 18:06

Reliance Mutual Fund has recorded a total turnover of Rs 1,413 crore in gold ETF on Dhanteras, an auspicious occasion for gold buying as per Hindu tradition.

Reliance Capital fully-prepared for banking foray: CEO

Last Updated: Sunday, October 21, 2012, 14:32

Amid indications of the government and RBI gearing up to grant new bank licences, Reliance Capital has said it is full-prepared from its side to foray into the banking business.

Reliance MF in distribution tie-up with IOB

Last Updated: Thursday, September 13, 2012, 16:07

Reliance Mutual Fund, a part of Reliance Capital, on Thursday said it has entered into a distribution tie-up with Indian Overseas Bank (IOB).

Reliance MF hikes stake in Madras Cements to over 5%

Last Updated: Monday, June 18, 2012, 20:59

With this acquisition on June 14, the Chennai-based cement maker said the fund house's holding in the company now stands at 5.01 percent, or 1.193 crore shares, according to a BSE filing by Madras Cements.

Reliance MF pips HDFC MF on profits; slips on assets

Last Updated: Tuesday, October 4, 2011, 17:12

Reliance Mutual Fund has overtaken rival HDFC MF in terms of full-year profits, but has slipped below the latter to the second position in terms of their latest assets base.

'Sensex could surge past 23k in one year'

Last Updated: Sunday, September 11, 2011, 10:58

Indian stock market is poised for robust growth in 12-18 months and the BSE benchmark Sensex may soar to a record 23,000 mark by next August, the country's largest fund house has said.