Search results
Results From The WOW.Com Content Network
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.
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]
Pages in category "Mutual funds of India" The following 13 pages are in this category, out of 13 total. This list may not reflect recent changes. ...
The first mutual funds in India were created in 1964 [9] by the Unit Trust of India. In 1987, the leading public sector banks of the country, such as SBI and Canara Bank, set up their mutual funds. It became popular after the 1991 liberalization of the Indian economy. By the end of 2006, there were around 200 mutual funds schemes in India.
The company tied up with State Bank of India in 2006, [8] Punjab National Bank in 2007 [8] and Axis Bank in 2013 [9] to offer online trading to its customers. In January 2010, the company set up a mutual fund business named as Motilal Oswal Asset Management Company (MOAMC). [10]
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 ...
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 ...
Kotak Mutual Fund is an Indian mutual fund that is managed by Mahindra Asset Management Company (KMAMC). KMAMC started operations in December 1998 and as of 2018 [update] , had approximately 74 Lakh investors in various schemes. [ 6 ]