India’s Reliance Launches Media, Entertainment Fund

One of the biggest diversified companies in India, Reliance Group, has launched a new portfolio investment scheme to tap the potential offered in India’s media and entertainment sector.

Reliance Media and Entertainment Fund, as the scheme is called, will invest in equity and fixed income securities of media, entertainment and associated companies.

The scheme will look at opportunities in print, TV, radio, cinema, advertising, Net advertising, portals and companies that provide content for Internet, mobile and broadband, the company said.

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