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Reliance MF emerges as country’s best fund house in 2008
Anil Dhirubhai Ambani Group firm Reliance Mutual Fund has emerged as the best fund house in the country for 2008, while Vikrant Gugnani has been adjudged the best Chief Executive Officer, according to a Hong Kong-based journal.
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Reliance MF files paper with SEBI for Infrastructure Fund
Reliance Mutual Fund (MF) has filed papers with Securities Exchange Board of India (SEBI) for Reliance Infrastructure Fund, an open-ended equity scheme. The units of the scheme will be available at Rs 10 per unit.
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Reliance Mutual Fund (MF) launches Fixed Horizon Fund (FHF)- XII - Series 13
Reliance Mutual Fund (MF) has launched Reliance Fixed Horizon Fund (FHF)- XII - Series 13, a closed-end income scheme. The scheme opens for subscription on Oct. 7, 2008 and closes on Oct. 8, 2008. The units of the scheme will be available at Rs 10 per unit.
Reliance MF buys engg & cap goods, bank, oil stocks
Reliance Mutual Fund has enlarged its exposure to engineering & capital goods, banking & financial services, oil & gas and utilities sectors. However, cut its holding in information technology, metals & mining and automotive. Continue Reading »»
Reliance Mutual eyes presence in UAE via BOB
Reliance Mutual Fund has joined hands with Bank of Baroda UAE for the distribution of its schemes through their branches in the Gulf Co-operative Council region.
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Reliance MF declares dividend under Reliance Interval Fund
Reliance Mutual Fund has declared a dividend of 100% per unit, under the dividend option of the Reliance Interval Fund - Quarterly Interval Fund-Series Fund-I.
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Reliance Mutual Fund launches Reliance SIP
Reliance Mutual Fund today launched Reliance SIP (Systematic Investment Plan) Insure - an add on feature of free life insurance cover ensuring that all planned investments are completed even in the event of unfortunate demise of an investor.
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Reliance MF to shun rate-sensitive sectors
Reliance MF on Tuesday told NDTV that it would currently focus on interest-neutral sectors in the current market conditions. It also disclosed that it has applied to Sebi to increase limits for overseas investments.
The AMC has a cautious view on markets in the short term, expecting crude oil and inflation determining the market direction. Its cash levels stand at 22-23% across equity schemes. Its Natural Resources Fund, which raised $1.6 billion, is sitting on even higher levels of cash, at 40%.
But Reliance MF pointed out that it is seeing no redemption pressures and is still seeing inflows through SIPs and diversified funds.
Source: ndtvprofit.com
Reliance MF announces divdidend
Reliance MF announces divdidend
Myiris.com - Mumbai,Maharashtra,India
Reliance Mutual Fund (MF) has approved dividend declaration, under the dividend option of Retail and Institutional plan of Reliance Fixed Horizon Fund - II …