RIL invests Rs. 8bn in Reliance MF
India Infoline News Service | Mumbai | April 04, 2013 16:29 IST
RIL has made these investments mostly in FMPs and other debt schemes of Reliance MF
Mukesh Ambani-led Reliance Industries Ltd (RIL) has invested more than Rs. 8 billion in various mutual fund schemes of Anil Ambani's Reliance Group, according to a media report.
Reliance MF is part of Anil Ambani-led groups financial services arm Reliance Capital Ltd.
RIL has made these investments mostly in the fixed maturity plans and other debt schemes of Reliance Mutual Fund, the report added.