Background

Reliance Capital Asset Management Ltd (RCAM) was incorporated in 1995 as the AMC of Reliance Mutual Fund. The custodian is Deutsche. In 2004, Reliance Capital AMC commenced its portfolio management services.

Business Profile

RCAM is the investment manager to Reliance Mutual Fund and manages a range of equity, debt and balanced schemes for individual and institutional investors. The company’s portfolio management services offer discretionary and advisory services to various categories of clients whose assets have crossed a certain threshold level. The company also manages an offshore fund - Reliance Emergent India Fund. During FY08, RCAM launched 10 schemes, which included six close ended income schemes; one open ended diversified equity scheme; an open ended gold exchange traded fund; an open ended diversified equity scheme; and a close ended equity linked saving scheme.