Reliance Capital Begins Merger With Goldman Mutual Fund Schemes

New Delhi: Taking forward its deal to acquire Goldman Sachs' mutual fund business in India, Reliance Capital Asset Management has begun the process of merging the schemes of global giant with itself. Reliance Capital Asset Management, in October 2015, announced takeover of global giant Goldman Sachs' mutual fund business in India for Rs 243 crore in an all-cash deal. Goldman Sachs MF has 12 schemes in operation and would transfer t...