Reliance Mutual Fund (historical)

Tue, 19 May 2026 00:00:00 +0000

Reliance Mutual Fund was the Indian asset management arm of Reliance Capital, the Anil Ambani group’s financial services holding company. Operating from 1995 to 2019, Reliance Mutual Fund grew into one of India’s top-tier AMCs before its acquisition by Nippon Life Insurance and rebranding as Nippon India Mutual Fund in October 2019. The transition was driven by Reliance Capital’s broader financial distress and the strategic interest of Nippon Life (which had been a 50% joint-venture partner since 2012) in acquiring full control.

Anil Ambani Group on WebNotes

Reliance Mutual Fund (historical)