Friday, July 22, 2005
New Fund offer from Reliance Asset management company
Reliance Asset management company, belonged to the Reliance group. Now, it should be under the leadership of the financial wizard Mr. Anil Ambani. The company proposes New Fund Offer on 25th JULY 2005. The Asset manangement company manages 31 schemes. As every schemes has various options such as growth, monthly income, quarterly dividend, etc, if we take these options also into account the number of schemes managed by the company is 92, as at the end of June 2005.
Of the 92 schemes, equity oriented schemes account for 33, Debt schemes 51, Equity and debt 1, and Gilt fund numbering 7.
The total assets under management is Rs.9900.00 Crores app as at the end of 30th June 2005.
The company is coming out with another pure Equity scheme. The attraction is that it is a tax savings scheme.
Of the 92 schemes, equity oriented schemes account for 33, Debt schemes 51, Equity and debt 1, and Gilt fund numbering 7.
The total assets under management is Rs.9900.00 Crores app as at the end of 30th June 2005.
The company is coming out with another pure Equity scheme. The attraction is that it is a tax savings scheme.
