Reliance Money, part of the Reliance Anil Dhirubhai Ambani Group, has notified that it has launched an online magazine 'Money Advisor' that deals with mutual funds as a part of its investor education drive.
The company claims that 'Money Advisor' would be the first e-magazine of the country that deals in equity and debt funds.
The magazine aims to provide a synopsis on the mutual fund industry and include the latest trends in AUMs, overview and recommendations on equity and debt funds, performance snapshot, interest rate scenario and fixed income update, economic review apart from sector updates.
In addition, the magazine will also have views shared by various Fund Managers/ CIOs and an investor education series.
A company official stated that the company would mail 'Money Advisor' to all customers and distributors of Reliance Money.
It may be noted that currently, the company has over three million customers and more than 10,000 outlets across 5,165 cities and towns.
Showing posts with label anil dhirubhai ambani. Show all posts
Showing posts with label anil dhirubhai ambani. Show all posts
Monday, February 2, 2009
Thursday, January 29, 2009
Reliance Money Plans to set up SME Stock Exchange
Reliance Money, controlled by the Anil Dhirubhai Ambani Group (ADAG) and a Reliance Capital subsidiary, is exploring the option of setting up a stock exchange for small and medium enterprises (SMEs). For this purpose, the company is currently looking for partners to commence the venture within a year. It is also planning to enter the currency futures space through the SME stock exchange.
Reliance Money would have 26% stake in the proposed exchange. It has already initiated discussions with the Securities and Exchange Board of India (Sebi) for setting up this stock exchange. For this venture, the capital subsidiary of the ADAG will submit its application to the supervisory body very soon. The market regulator had earlier issued guidelines for SME exchanges, and had set a minimum net worth criteria of Rs 100 crore for entities willing to establish an exchange.
The Reliance Capital Company is also holding talks with Chellaram, the Nigeria-based non-resident Indian business group, for starting a stock exchange in the African country.
Reliance Money would have 26% stake in the proposed exchange. It has already initiated discussions with the Securities and Exchange Board of India (Sebi) for setting up this stock exchange. For this venture, the capital subsidiary of the ADAG will submit its application to the supervisory body very soon. The market regulator had earlier issued guidelines for SME exchanges, and had set a minimum net worth criteria of Rs 100 crore for entities willing to establish an exchange.
The Reliance Capital Company is also holding talks with Chellaram, the Nigeria-based non-resident Indian business group, for starting a stock exchange in the African country.
Tuesday, December 16, 2008
Reliance Money debuts in Malaysia
Reliance Money, part of the Reliance Anil Dhirubhai Ambani Group, announced its debut in Malaysia, by joining hands with Infinity Financial Solutions, one of Malaysia's major financial products and services distribution company, as part of plans to expand its global footprint.
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