RIL invests Rs. 8bn in Reliance MF

India Infoline News Service | Mumbai |

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 group’s 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.
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