Reliance MF profit up 22% at Rs 352 crore in FY14

India Infoline News Service | Mumbai |

The total assets managed by RCAM stood at Rs. 1.93 trillion as on March 31, 2014

Reliance Capital Asset Management Company's profit before tax grew by 22% to Rs 352 crore for the financial year 2013-14 from Rs 290 crore in 2012-13.
The company's income from operations rose by 5% to Rs 775 crore in FY14 from Rs 735 crore in FY13.
The average asset under management of Reliance Mutual Fund increased by 9% to Rs. 1.03 trillion in the last financial year.
The total assets managed by RCAM stood at Rs. 1.93 trillion as on March 31, 2014.
 

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