Reliance Nippon Life bags mandate to manage ESIC funds

Mumbai: Reliance Nippon Life Asset Management on Thursday announced it has received a mandate from the Employees’ State Insurance Corporation (ESIC) to manage its funds.

“We are particularly proud to have received this mandate, which is a reaffirmation of our strong investment processes and consistent track record of delivering returns,” said Sundeep Sikka, Executive Director and CEO, Reliance Nippon Life Asset Management, in a statement. (IANS)