Reliance Capital Asset Management

Reliance MF closed-ended equity fund gets record Rs 1,000 cr

The previous highest collection in a close-ended equity fund was by UTI focused Equity Fund – Series II, which had mobilised around Rs 890 crore in December 2014.

Nippon Life keen to hike stake in Reliance Life to 49%

The Japanese insurer has 26-percent stake in Reliance Capital Asset Management for $290 million and Reliance Life Insurance Company for $680 million in 2011.<br />