Reliance MF gets Rs 500 crore daily online corporate transactions

MUMBAI: Reliance Capital Asset Management (RCAM) today said it has witnessed around Rs 500 crore worth corporate transactions every day on its web-based facility ' Invest Easy'.

"Investors are driven by convenience and this brings larger allocation of funds from corporate investors to Reliance MF. A large part of corporate financial advisors have migrated to the online platform, minimising their operational time and cost," company's chief executive Sundeep Sikka said.

As per the company, ' Invest Easy' is configured to accept complex authorisation requirements of various entities.

Investors can define their approval workflow and transaction authorisation matrix, it added.