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(Top) 1 List. Toggle List subsection. 1.1 1. RBI – Reserve Bank of India. ... Association of Mutual Funds in India. 1.16 16. EEPC – Engineering Export Promotional ...
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.
As of 2022, it was the 5th largest mutual fund house in India with more than 2.86 lakh crore Assets Under Management. It operated out of 86 branches in India with headquarters in Mumbai, and had around 75 lakhs investor accounts, with a distribution network comprising 50,000 empanelled distributors.
It focused on index funds and had only direct plans which paid no commissions to distributors. [27] [28] The first fund they launched tracked the Nifty LargeMidcap250 index. [29] In March 2024, the fund house achieved an AUM of ₹1,000 Crore. [30] [31]
L&T Mutual Fund was an Indian mutual fund company that operated between 2010 and 2023. [2] The asset manager of its mutual fund schemes was L&T Investment Management Ltd, a wholly-owned subsidiary of Larsen & Toubro .
It was incorporated on 22 August 1995, as a non-profit organisation. As of now, 44 Asset Management Companies that are registered with SEBI, are its members. 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]
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