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Defensive portfolio tweak: Reliance Nippon to replace JHS to capture savings shift toward financial assets

Reliance Nippon Life Asset Management (RNAM), the third largest asset management company (AMC) in India, is one of the key beneficiaries of the trend towards financialisation of savings with 11 percent market share (March 2018) in the mutual fund industry.
Buy Reliance Nippon Life Asset Management; target of Rs 350: JM Financial

JM Financial is bullish on Reliance Nippon Life Asset Management has recommended buy rating on the stock with a target price of Rs 350 in its research report dated January 09, 2018.

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Defensive portfolio tweak: Reliance Nippon to replace JHS to capture savings shift toward financial assets

Buy Reliance Nippon Life Asset Management; target of Rs 350: JM Financial