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About Reliance Capital Asset Management Ltd.
Reliance Capital Asset Management Ltd.(RCAM) is an unlisted Public Limited Company incorporated under the Companies Act, 1956 on February 24, 1995, having its registered office at "Reliance House", Near. Mardia Plaza, Off. C.G. Road, Ahmedabad, 380 006 and its Corporate Office at One Indiabulls Centre, Tower 1, Jupiter Mills Compound , 841, Senapati Bapat Marg, Elphinstone Road, Mumbai - 400 013. RCAM has been appointed as the Asset Management Company of Reliance Mutual Fund by The Trustee vide Investment Management Agreement (IMA) dated May 12, 1995 and executed between Reliance Capital Trustee Co. Limited and Reliance Capital Asset Management Ltd. and amended on August 12, 1997 and January 20, 2004 in line with SEBI (Mutual Funds) Regulations, 1996).
Pursuant to this IMA, RCAM is authorised to act as Investment Manager of the Mutual Fund. The networth of the Asset Management Company based on audited accounts as on March 31, 2009 is Rs. 841.32 Crore. The Mutual Fund has launched Forty Seven Schemes till date, namely:
Reliance Growth Fund (September 1995)
Reliance Income Fund (December 1997)
Reliance Medium Term Fund (August 2000)
Reliance Fixed Term Scheme (March 2003)
Reliance Gilt Securities Fund (July 2003)
Reliance Monthly Income Plan (December 2003)
Reliance Pharma Fund ( May 2004)
Reliance Media & Entertainment Fund (September 2004)
Reliance NRI Income Fund (October 2004)
Reliance Equity Opportunities Fund (February 2005)
Reliance Fixed Maturity Fund – Series II (April 2005)
Reliance Liquidity Fund (June 2005)
Reliance Fixed Tenor Fund (November 2005)
Reliance Fixed Horizon Fund I (August 2006)
Reliance Fixed Horizon Fund III (March 2007)
Reliance Interval Fund (March 2007)
Reliance Equity Advantage Fund (June 2007)
Reliance Fixed Horizon Fund V (September 2007)
Reliance Equity Linked Saving Fund - Series I (December 2007)
Reliance Natural Resources Fund (January 2008)
Reliance Fixed Horizon Fund VIII (March 2008)
Reliance Banking Exchange Traded Fund (May 2008)
Reliance Fixed Horizon Fund XI (October 2008)
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Reliance Vision Fund (September 1995)
Reliance Liquid Fund (March 1998)
Reliance Short Term Fund (December 2002)
Reliance Banking Fund (May 2003)
Reliance Diversified Power Sector Fund (March 2004)
Reliance Floating Rate Fund (August 2004)
Reliance NRI Equity Fund (October 2004)
Reliance Index Fund (February 2005)*
Reliance Fixed Maturity Fund – Series I (March 2005)
Reliance Regular Savings Fund (May 2005)
Reliance Tax Saver (ELSS) Fund (July 2005)
Reliance Equity Fund (February 2006)
Reliance Fixed Horizon Fund (April 2006)
Reliance Fixed Horizon Fund II ( November 2006)
Reliance Long Term Equity Fund (November 2006)
Reliance Money Manager Fund (March 2007)
Reliance Fixed Horizon Fund IV (August 2007)
Reliance Gold Exchange Traded Fund (October 2007)
Reliance Fixed Horizon Fund VI (December 2007)
Reliance Fixed Horizon Fund VII (January 2008)
Reliance Fixed Horizon Fund IX (March 2008)
Reliance Fixed Horizon Fund X (August 2008)
Reliance Fixed Horizon Fund XII (November 2008)
Reliance Infrastructure Fund (June 2009)
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RCAM has been registered as a Portfolio Manager vide SEBI Registration No. INP000000423 and renewed effective 1st August, 2009.
RCAM was appointed as the Investment Manager of “Reliance India Power Fund”, a Venture Capital Fund registered with the SEBI vide registration number IN/VCF/05-06/062 dated June 16, 2005.
Reliance Capital Asset Management Limited has also incorporated a wholly owned subsidiary named Reliance Capital Pension Fund Limited for managing the funds of Pension Fund Regulatory and Development Authority (PFRDA) – Mandate vide Letter of appointment dated March 13, 2009.
The AMC has also been rendering advisory services in respect of ‘Emergent India Investment Limited’, an offshore fund for investment in India.
RCAM has commenced these activities. It has been ensured that key personnel of the AMC, the systems, back office, bank and securities accounts are segregated activity wise and there exists systems to prohibit access to inside information of various activities. As per SEBI Regulations, it will further ensure that AMC meets the capital adequacy requirements, if any, separately for each such activity.
However, there is no conflict of interest between various business activities carried on by Asset Management Company
| Name and Address |
Other Directorships |
Mr. Soumen Ghosh *
Kalpataru Horizon, Flat No. 264,
Tower A, S.K. Ahire Marg,
Worli, Mumbai – 400 025
B.Sc (Hons) Mechanical Engineering from University of London.
ACA – Institute of Chartered
Accountants England & Wales |
Reliance General Insurance Co. Ltd
Reliance Life Insurance Pvt Ltd
Reliance Asset Management (Mauritius) Ltd
Reliance Home Finance Pvt Ltd
Reliance Consumer Finance Pvt Ltd
Reliance Capital (Singapore) Pte Ltd
Reliance Asset Management (Malaysia)Sdn Bhd
Reliance Capital Pension Fund Ltd.
Reliance Exchangenext Pvt. Ltd. |
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Mr. Kanu Doshi
102, Shivala, Khatau Road,
Cuffe Parade, Mumbai - 400 005.
Chartered Accountant |
Chairman :
Matrix Advisors (India) Private Ltd.
Director :
Motilal Oswal Asset Management Company Ltd.
Peoples Financial Services Ltd.
Dalton Capital Advisors (India) Private Ltd.
Edelweiss Asset Management Ltd.
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Mr. Manu Chadha *
C-35, Malcha Marg,
Chankyapuri,
New Delhi - 110 021.
Chartered Accountant |
Director :
TRC Financial Services Ltd.
GIC Housing Finance Ltd.
TRC Corporate Consulting (P) Ltd.
M/s TRC Securities Pvt Ltd.
Reliance Asset Management (Singapore) Pte Ltd.
Partner :
M/s T. R. Chadha & Co., Chartered Accountants |
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Mr. Sushil C. Tripathi, I. A. S. (Retd.)
27, Sector 15A,
NOIDA - 201 301(UP)
(Former Secretary to Government of India,
Ministry of Petroleum & Natural Gas /
Ministry of Education) |
Director :
IL&FS Infrastructure Development Corporation Ltd.
Indusind Bank Ltd.
ILFS Energy Development Corporation Ltd
Kailash Healthcare Ltd
Gammon Infrastructure Projects Ltd.
Shipping Corporation of India Ltd
Power Grid Corporation of India Ltd. |
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*Associate Director.
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