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The Indian mutual fund industry is blooming. For premium support please call: 800-290-4726 more ways to reach us
The total Assets Under Management (AUM) of the Indian mutual fund industry as of December 31, 2023, stood at a staggering ₹ 50.78 trillion (US$590 billion). This is a significant milestone, marking over a six-fold increase compared to the ₹ 8.26 trillion (US$95 billion) recorded in December 2013.
Invesco India Nifty Exchange Traded Fund (NSE: IVZINNIFTY) Invesco India Gold Exchange Traded Fund (NSE: IVZINGOLD) Kotak Mutual Fund. Kotak Mutual Fund - Gold Exchange Traded Fund (NSE: KOTAKGOLD) Kotak Mutual Fund - PSU Bank Exchange Traded Fund (NSE: KOTAKPSUBK) Kotak Mutual Fund - Banking Exchange Traded Fund Dividend Payout Option (NSE ...
Mutual Fund - The Mutual Fund primarily targets retail investors. [10] Portfolio Management Services - allows high net worth investors to invest in a more concentrated portfolio aiming at higher returns. In the year 2000, ICICI Prudential AMC was the first institutional participant to offer these service in India. [11]
SBI Mutual Fund is an Indian private asset management company [6] introduced by the State Bank of India (SBI) and incorporated in 1987 with its corporate head office located in Mumbai, India. SBIFMPL is a joint venture between the State Bank of India , an Indian public sector bank , and Amundi , a European asset management company.
Below are some of the top dividend mutual funds with attractive long-term returns, growing payouts, reasonable expenses and no sales load. (Data from Morningstar as of Dec. 8, 2023.)
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