Reliance Nippon Life Asset Management Ltd. (RNLAML) is promoted by Reliance Capital Ltd., an RBI registered non-banking financial company and Nippon Life Insurance Company, one of the leading private life insurers in Japan. It is one of the largest asset management companies in India, managing total AUM of `3625.5bn as on June 30, 2017. RNLAML is involved in managing (i) mutual funds (including ETFs), (ii) managed accounts, including portfolio management services, alternative investment funds (AIFs) and pension funds, and (iii) offshore funds and advisory mandates. RNLAML was ranked as the second most profitable AMC in India for the FY16, and the third largest AMC, in terms of mutual fund quarterly average AUM...