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Most mutual funds firms in India are its members. The organisation aims to develop the mutual funds market in India, by improving ethical and professional standards. [2] As of April 2015, there are 44 members. [3] These are asset management companies which are registered with AMFI with assets under management of over ₹27 lakh crore. [4]
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.
Axis Mutual Fund is an Indian asset management company.It was established in the year 2009 and has its headquarters in Mumbai. [9] [10]Axis Mutual Fund offers various types of mutual fund schemes to invest in India, such as equity funds, hybrid funds, debt funds, and more.
Fidelity Investments is considered one of the leaders in the financial services industry with a presence in eight countries. 4 Best-Performing Fidelity Mutual Funds To Buy in November Skip to main ...
A mutual fund is an investment fund that pools money from many investors to purchase securities.The term is typically used in the United States, Canada, and India, while similar structures across the globe include the SICAV in Europe ('investment company with variable capital'), and the open-ended investment company (OEIC) in the UK.
[Editor's note: This story was previously published in June 2019. It has since been updated and republished.]The best Fidelity funds for 2019 include a diversified set of mutual funds that can ...
These are the best-performing Fidelity funds for retirement over the past decade. Recent stock market volatility probably has your investments pretty shaken up. So shaken up, your portfolio may ...
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: KOTAKBKETF) Kotak Mutual Fund - Nifty Index Exchange Traded Fund (NSE: KOTAKBKETF) Kotak Mutual Fund - Sensex Index ...