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Reliance Mutual Fund
September 28 , 2012

Reliance Mutual Fund is the countrys second largest mutual fund by asset under management (AUM). Reliance Mutual Fund is part of the Reliance ADA Group. The funds schemes are managed by Reliance Capital Asset Management Ltd. It started business operations in 1995 and is among the oldest fund houses.

Reputed fund managers like Shailesh Raj Bhan and Ashwani Kumar of Reliance Mutual Fund manage some of the largest schemes in the country by asset size. Reliance Mutual fund manages some of the best equity funds, particularly sector funds like Reliance Pharma and Reliance Banking funds. Reliance Growth Fund and Reliance Vision Fund were considered industry stalwarts until their performance deteriorated (however theyre picking up, thankfully). The AMC manages a large number of funds across various categories.

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