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Option 5 : Japan
The correct answer is option 5 i.e Japan
- Reliance Mutual Fund has been renamed as Nippon India Mutual Fund (NIMF).
- The organization was renamed following the purchase of 75% stake in Reliance Nippon Life Asset Management by Nippon Life Insurance.
- Nippon India Mutual Fund has become the largest foreign-owned Asset Management Company in India.
- Sundeep Sikka will continue to lead the company as the CEO.
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