Reliance Mutual Fund (RMF) is one of India’s leading mutual funds, with Average Assets Under Management (AAUM) of ` 2,22,964 Crores (April 2017 – June 2017 Quarter Q1) and 70.05 lakhs folios (as on 30th June,2017).
Reliance Mutual Fund (RMF) has been established as a trust under the Indian Trusts Act, 1882 with Reliance Capital Limited (RCL), as the Settler/Sponsor and Reliance Capital Trustee Co. Limited (RCTC), as the Trustee.
Reliance Mutual Fund has been registered with the Securities & Exchange Board of India (SEBI) vide registration number MF/022/95/1 dated June 30, 1995. The name of Reliance Capital Mutual Fund was changed to Reliance Mutual Fund effective March 11,2004 vide SEBI’s letter no. IMD/PSP/4958/2004 dated March 11,2004. RMF was formed to launch various schemes under which units are issued to the public with a view to contribute to the capital market and to provide investors the opportunities to make investments in diversified securities.
Vision of the Company:
- To carry on the activity of a mutual fund as may be permitted at law, and formulate and devise various collective schemes of savings and investments for people in India and abroad, and also ensure liquidity of investments for the unit holders.
- To deploy funds thus raised so as to help the unit holders earn reasonable returns on their savings; and
- To take such steps as may be necessary from time to time to realise the effects without any limitation.
It was founded in Feb-24-1995.
Rs. 222963.89 crore (Jun-30-2017)
Product & Services:
Equity Funds, Debt Funds, Liquid Fund, Gold fund,
- HDFC Mutual Fund
- ICICI Mutual Fund
- IDBI Mutual Fund