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Below, we share with you three Utility sector mutual funds, namely, FSUTX, FIUIX, and CSUAX. Each has earned a Zacks Mutual Fund Rank #1. Top 3 Utility Mutual Funds to Invest in Amid Market Downturn
The best mutual funds to invest in span the gamut from exceptionally high returns to fairly modest returns, all of which are related to risk. Stock mutual funds — high risk: 12% Bond mutual ...
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.
Considering the active schemes, UTI Mutual Fund is one of the oldest mutual fund companies in India. UTI Mutual Fund has been a pioneer in launching various schemes, such as the UTI Unit Linked Insurance Plan (ULIP) with life and accident cover (launched in 1971), UTI Master Share (launched in 1986), India's first Offshore Fund – India Fund ...
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.
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