The investment strategy of the Scheme will be to invest in a basket of securities forming part of Nifty 100 Low Volatility 30 Index in similar weight proportion.
Reliance Industries and its partner BP Exploration (Alpha) Ltd (BPEAL) are set to conduct an e-auction on April 3.
Sensex added nearly 600 points in early morning trade tracking a rebound in global equities.
The scheme is a target maturity fund and will be managed passively by tracking the performance of Nifty G-sec Jul 2027 Index
As per the news, the company will increase public shareholding by 25%.
All other major sectoral indices ended marginally higher.
The scheme is a target maturity fund and will be managed passively by tracking the performance of Nifty G-sec Jul 2027 Index.
Nifty metal pack is trading ~3% lower.
In conversation with Sheetal Agarwal of IIFL, the Founder of the company outlines his growth strategy, macro opportunities and fund-raising plans.