RNAM Ltd.

288.00INR + 16.70 (+ 6.16%) VOLUME : 2957000
    Average Volume
  • 5-Day 1,395,400.00
  • 20-Day 2,160,449.95
  • 3-Months 2,736,038.42

MARKET CLOSED

Price Table

Date Open High GREEN: if High is higher than last 2 days high
RED: if high is lower than last 2 days high
Low GREEN:if Low is higher than last 2 days low
RED: if low is lower than last 2 days low
LTP Close GREEN:if Day's Closing is near the Day's High
RED: if low is lower than last 2 days low
Volume Delivery % 20 Day SMA GREEN: if Day's Closing is above 20-Day SMA
RED: if Day's Closing is below 20-Day SMA
50 Day SMA GREEN: if Day's Closing is above 50-Day SMA
RED: if Day's Closing is below 50-Day SMA
100 Day SMA GREEN: if Day's Closing is above 100-Day SMA
RED: if Day's Closing is below 100-Day SMA
200 Day SMA GREEN: if Day's Closing is above 200-Day SMA
RED: if Day's Closing is below 200-Day SMA
18-Oct-19 272.70 293.00 272.00 288.00 288.60 2,998,023 57% 264.70 257.76 240.35 209.11
17-Oct-19 260.90 275.00 260.85 272.15 271.30 1,736,271 46% 261.95 256.53 239.65 208.47
16-Oct-19 262.40 264.70 259.60 260.90 260.75 604,495 49% 259.81 255.65 239.00 207.93
15-Oct-19 267.75 269.75 259.55 260.00 261.65 918,117 69% 259.21 254.99 238.45 207.45
14-Oct-19 268.95 273.90 266.15 266.50 267.25 721,284 53% 259.24 254.30 237.86 206.98
11-Oct-19 264.50 273.45 262.05 267.20 267.70 838,727 46% 258.98 253.50 237.18 206.48
10-Oct-19 272.25 273.35 262.80 264.50 264.05 1,000,879 64% 259.46 252.69 236.44 205.99

Performance

Key Data

Day High Low Range

Time Lowest Highest
10 AM 272.00 274.75
11 AM 272.00 278.00
12 PM 272.00 279.40
1 PM 272.00 280.00
2 PM 272.00 280.00

Company Profile - RNAM Ltd.

RNAM

It was initially incorporated as ‘Reliance Capital Asset Management Limited,’ a public limited company under the Companies Act, 1956, with a certificate of incorporation issued by the RoC Gujarat as on February 24, 1995, at Ahmedabad. Soon, it also received a certificate for commencement of business on March 20, 1995, from the RoC Gujarat. Also, with the terms of the Second Amended & Restated Shareholders’ Agreement dated October 13, 2015, executed amongst the Company, Reliance Capital and Nippon Life, the company name was changed to ‘Reliance Nippon Life Asset Management Limited’ and a fresh certificate of incorporation was being issued by the Registrar of Companies, Mumbai as on May 5, 2016.

Some of the Achievements:

  • 2016:
  • It was awarded the AON Best Employer Award.
  • It was recognized as one of the best BFSI brands of 2016 by the Economic Times.
  • ... >It was ranked 3 in the Asian Local Currency Bonds category, at the Asset Benchmark Research Awards.
  • It was awarded the ‘Best Disruptive Tech Solution/ Product of the Year – Automation’ award during the Disruptive Tech and Innovation Awards, 2016.
  • 2017:
  • It was awarded the ‘Silver Stevie Award’ in the ‘Innovation in Customer Service - Financial Services Industries’ category.
  • Acquisitions International awarded it the ‘Most Innovative Mutual Fund’ award.

Some of the Milestones:

  • 1995:
  • It received the approval to act as the asset management company to the Reliance Mutual Fund, then known as Reliance Capital Mutual Fund.
  • Also, the Reliance Growth Fund and Reliance Vision Fund schemes launched by the Reliance Mutual Fund, with the Company acting as the asset management company.
  • 2004:
  • It commenced portfolio management services.
  • It commenced offshore operations in Mauritius by setting up a wholly-owned subsidiary, Reliance Asset Management (Mauritius) Limited.
  • 2005: It commenced offshore operations in Singapore by setting up a wholly-owned subsidiary, Reliance Asset Management (Singapore) Pte Limited.
  • 2008: It executed a contract to offer discretionary portfolio management services to the Employees’ -Provident Fund Organisation (acting through its Central Board of Trustees).
  • 2012: It received the first tranche of investment from Nippon Life.
  • 2014:
  • The Subsidiary, Reliance AIF Management Company Limited, was appointed as the ‘manager’ to the Reliance Capital AIF Trust.
  • Also, Reliance Japan Equity Fund, a Japan-focused open-ended diversified equity scheme launched by Reliance Mutual Fund, along with the Company acting as the asset management company.
  • 2015:
  • It entered into an Investor Advisory Agreement with Samsung Asset Management (Hong Kong) Limited.
  • The Equity-oriented Retirement Fund launched by Reliance Mutual Fund, along with the Company acting as the asset management company.
  • Also, the QAAUM (or Reliance Mutual Fund) crossed INR 1,500,000 million.
  • 2016:
  • It acquired the asset management rights of 12 schemes being managed by Goldman Sachs Asset Management (India) Private Limited.
  • It launched the ‘Simply Save’ app and Instant Redemption facility.
  • It executed a contract to provide discretionary portfolio management services to the Coal Mines Provident Fund Organization (acting via its Board of Trustees).
  • The Subsidiary, Reliance AIF Management Company Limited, was appointed as the ‘manager’ to the Reliance Event Opportunities Trust.
  • 2017: QAAUM (Reliance Mutual Fund) crossed INR 2,000,000 million.