Reliance Mutual Fund (RMF) is one of India’s leading Mutual Funds, with Average Assets Under Management (AAUM) of Rs. 1,07,749 Crores and an investor count of over 72 Lakh folios. (AAUM and investor count as of September 2010) AAUM Source : http://www.amfiindia.com/
Reliance Mutual Fund, a part of the Reliance - Anil Dhirubhai Ambani Group, is one of the fastest growing mutual funds in the country. RMF offers investors a well-rounded portfolio of products to meet varying investor requirements and has presence in 159 cities across the country. Reliance Mutual Fund constantly endeavors to launch innovative products and customer service initiatives to increase value to investors. "Reliance Mutual Fund schemes are managed by Reliance Capital Asset Management Limited., a subsidiary of Reliance Capital Limited, which holds 93.37% of the paid-up capital of RCAM, the balance paid up capital being held by minority shareholders."
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.
Sponsor: Reliance Capital Limited
Trustee: Reliance Capital Trustee Co. Limited
Investment Manager: Reliance Capital Asset Management Limited Statutory Details: The Sponsor, the Trustee and the Investment Manager are incorporated under the Companies Act 1956. Reliance Mutual Fund (formerly known as Reliance Capital Mutual Fund), a Trust under Indian Trust Act, 1882 and registered with SEBI vide registration number MF/022/95/1 dated June 30, 1995.
|Scheme Name||NAV(Rs.)||1m %||3m %||6m %||1y %||3y %|
|Reliance Diversified Power Sector - Direct (G)||78.5||7.74||7.07||0.73||3.95||0|
|Reliance Diversified Power Sector (G)||77.42||7.69||6.92||0.42||3.31||14.31|
|Reliance Diversified Power Sector (Bonus)||77.42||7.69||6.92||0.42||3.31||14.31|
|Reliance Media & Entertainment Fund - Direct (G)||54.2||7.53||8.28||-2.87||12.32||0|
|Reliance Media & Entertainment Fund (G)||53.19||7.4||8.05||-3.24||11.64||23|
One Indiabulls Centre, Tower 1,
12th Flr, 841, Senapati Bapat
Marg, Elphinstone Road, Mumbai-400013
N-111-112-114, 1st Floor,
North Block, Manipal Centre,
Dickenson Road, Bangalore- 560 042.
|Phone : 022-30994600||Phone :|
|Email : firstname.lastname@example.org||Email : email@example.com|
|Website : www.reliancemutual.com||Website : www.reliancemutual.com|
capital market/12:19, Jul 27, 2015
NFO period is from 27 July to 10 August 2015
The old adage Sell in May seems to have been ignored largely in second half of the month as the market left behind the carnage of March & April. . A move above the downward sloping trendline (above 8,550) would prove to be icing on the cake and market looks poised to see further build up after the gains of May.
Strength of every market is judged on corrections. After Mondays turnaround it is important to observe that if the recovery turns out to be sluggish and market starts to give up gains, will it find support around 8,200 or not? As of now, it will act as a new support line for the bulls.
Barriers in life come and go but 8,350 is acting as a tough one since the third week of April. This consolidation at the bottom has taken shape of a bullish H&S pattern. A move above the same could result in reversal of the trend.
However, it is imperative to understand that demographics eventually shape the dynamics of an economy.
CIBIL REPORTS are being touted as the solution to all credit decisions. To my mind, such a mindset could be extremely damaging. In this article, I will try to explain why.