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Rel Cap is one of the leading and fastest growing private sector financial services company.It is the
largest asset management co in India.It also offers life insurance and general insurance products
through its subsidiaries.It has sizable private equity and proprietary investments.It recently
commenced its stock broking business and will soon start consumer finance and asset recovery
business.
CMP: 971
Market Cap: 23,860crs
Asset Management
Reliance Mutual Fund has a total Assets under Management(AUM) of Rs.59,143.47crs as on 30th
May,2007.
PMS AUM at end of FY07 - Rs.30bn
Offshore Fund - Current AUM US $125mn
General Insurance
Pre-tax profit of Rs.224mn in FY07.It has approx.45mn retail customers including 35mn customers of
RCOM and 5mn customers of REL.Retail business: 55%.Corporate business:45%
Life Insurance
Gross Premium for FY07- Rs.10bn
Broking
Reliance Money has 75,000 customers and more than Rs.500crs daily turnover happening.It has
captured 1% of the total market share. It also distributes life and general insurance products,mutual
fund distribution,maketing of credit cards.Only 4.9% of household savings invested in equity/equity
related assets.
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"You don't need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beat
the guy with a 130 IQ. Rationality is essential"- Warren Buffett
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