Madhusudan Kela

Tue, 12 May 2026 00:00:00 +0000

Madhusudan Kela is a veteran Indian equity investor and former Chief Investment Officer of Reliance Capital Asset Management, the asset management subsidiary of Anil Ambani’s Reliance Group that was subsequently restructured and rebranded as Nippon India Mutual Fund following Nippon Life Insurance of Japan’s acquisition of a controlling stake. Kela is regarded as one of the most accomplished mid-cap and small-cap equity investors in India’s mutual fund history, with a career at Reliance Capital AMC spanning more than a decade and a half during which he oversaw some of the best-performing equity schemes of their era. After leaving Reliance Capital AMC, he has operated as an independent investor and occasional media commentator.

Reliance Mutual Fund (historical)

Tue, 12 May 2026 00:00:00 +0000

Reliance Mutual Fund was the brand name used by Reliance Capital Asset Management Limited, the asset management subsidiary of Reliance Capital Limited within the Reliance ADA Group (Anil Dhirubhai Ambani Group), from its establishment in 2004 until the rebranding to Nippon India Mutual Fund in October 2019. The fund house grew to become one of India’s largest AMCs during the mid-2000s to mid-2010s and operated a range of equity, debt, hybrid, and exchange-traded fund schemes. The historical Reliance Mutual Fund entity no longer exists as a separate brand; all its schemes, assets, and investor accounts are now part of Nippon India Mutual Fund.

Reliance Capital AMC on WebNotes

Madhusudan Kela

Reliance Mutual Fund (historical)