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The UTI Mutual Fund was carved out of the erstwhile Unit Trust of India (UTI) as a Securities and Exchange Board of India-registered mutual fund on 1 February 2003. UTI Mutual Fund was launched by the Government of India in 1963, and it is one of the oldest mutual fund companies in India.
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$97 billion) recorded in December 2013.
SBI Mutual Fund; Securities and Exchange Board Of India (Mutual Funds) Regulations, 1996; U. UTI Asset Management
Upendra Kumar Sinha(born 3 March 1952) is a former chairman of SEBI. [3] His term started in February 2011 and he served as SEBI Chairman for six years. [4] He was the Chairman and Managing Director (CMD) of the Unit Trust of India Asset Management Company (UTIAMC), commonly referred to as UTI Mutual Fund.
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.
Alabama Crimson Tide Athletic Director Greg Byrne called on fans to donate to the school’s name, image and likeness (NIL) fund in a message on Wednesday. Byrne posted his message to fans on ...