Reliance MF bags mandate for ESIC funds
Total investment of ESIC stands at Rs 59,382 crore. The fund house was awarded this mandate after successfully fulfilling an independent competitive technical and financial bidding process.
It already manages mandates from Employees’ Provident Fund Organization (EPFO), The Coal Mines Provident Fund Organisation (CMPFO) and The Pension Fund Organization (EPFO), The Coal Mines Provident Fund Organisation (CMPFO) and The Pension Fund Regulatory and Development Authority (PFRDA).
Source: Economic Times
CMPFO Coal Mines Provident Fund Organisation Employee Employees State Insurance Corporation Employees' State Insurance Act Employees’ Provident Fund Employer EPF and MP Act EPFO ESIC ESIC Data Insurance National Pension System Nippon Life Asset Management Pension Pension Fund Regulatory and Development Authority Pension Schemes PF PFRDA RNAM Social Insurance