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1,422 (2024) Website. www.utimf.com. 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.
Mutual fund statistics. 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$610 billion). This is a significant milestone, marking over a six-fold increase compared to the ₹ 8.26 trillion (US$99 billion) recorded in December 2013.
The mutual fund industry in India originally began in 1963 with the Unit Trust of India (UTI) as a Government of India and the Reserve Bank of India initiative. Launched on 29 June 1987, SBI Mutual Fund became the first non- UTI mutual fund in India. [ 8 ]
ICICI Bank (51%) Prudential Plc (49%) Number of employees. 2000–2500 (2022) Website. www.icicipruamc.com. ICICI Prudential Mutual Fund is an Indian asset management company founded in 1993 as a joint venture between ICICI Bank and Prudential plc. [4] It is the second-largest asset management company in India after the SBI Mutual Fund. [5][6]
Money is collected from investors by way of floating various collective investment schemes, e.g. mutual fund schemes. In general, an AMC is a company that is engaged primarily in the business of investing in, and managing, portfolios of securities.
ICICI Prudential Mutual Fund - Bharat-22 Index Exchange Traded Fund (NSE: ICICIB22) HDFC Mutual Fund. HDFC Gold Exchange Traded Fund (NSE: HDFCMFGETF) Invesco India. 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 ...
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. He is a member of the Indian Administrative Services (IAS), belonging to the Bihar Cadre. [4][5][6][7] On 27 March 2023, he was appointed an Independent Director of Adani-owned TV channel NDTV ...
Securities and Exchange Board Of India (Mutual Funds) Regulations, 1996; U. UTI Asset Management This page was last edited on 21 September 2019, at 09:43 (UTC). ...
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