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To identify the best mutual funds for 2022, GOBankingRates looked at a number of factors, including: Year-to-date and long-term performance. Years since fund creation. Tenure of fund managers.
According to SEBI, during FY 2022–23, 73% of mutual fund units were redeemed within 2 years of investment. Only investments in 3% of the units continued for more than 5 years. [3] [4] According to the Reserve Bank of India report, mutual funds attracted 6% of household savings in FY2023 and less than 1% went into direct equities.
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He consistently ranked in the Best Fund Manager listings of ET Wealth-Morningstar from 2016 [9] to 2022. [ 10 ] [ 11 ] [ 12 ] [ 3 ] [ 13 ] [ 2 ] In 2019, he received the Best Engagement by an Institutional Investor award at the IR Magazine Awards India.
An index fund is a type of mutual fund that either buys all or a representative sample of securities in a specific index, such as the S&P 500. ... 9 Best Index Funds for 2022. Barbara Friedberg.
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. [11]
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