Indian investment manager Reliance Capital Asset Management (RCAM) has launched its first UCITS vehicle for the UK market.
Launched through specialist fund distributor Cohesion Investments, the Luxembourg-domiciled India Equities Portfolio fund will be managed from India by RCAM's CIO Sunil Singhania. The new fund will use the same investment philosophy and process as RCAM's flagship Reliance Growth fund, which has a 20-year track record. It will have a minimum investment of $10,000 (£6,906) and is launching with seed assets of $50m. The fund will invest in a portfolio of 40-50 stocks across all market caps, and will have an annual charge of 1.25%. Industry Voice: What makes India unique? The lau...
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