Ads
related to: performance of mutual funds in india
Search results
Results from the WOW.Com Content Network
The first introduction of a mutual fund in India occurred in 1963, when the Government of India launched the Unit Trust of India (UTI). [1] Mutual funds are broadly categorised into three segments: equity funds, hybrid funds, and debt funds.
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.
The Indian mutual fund industry is blooming.
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.
UTI Mutual Fund Company. UTI Mutual Fund is the oldest mutual fund companies in India founded by the Government of India in 1963 with over 22 million investor accounts under its 230 domestic schemes as of September 2023. UTI Mutual Fund has a nationwide distribution network, which is spread across the length and breadth of the country.
SBI Mutual Fund is an Indian 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.
FundsIndia (est. 2009) is an online investment website headquartered in Chennai, Tamil Nadu. [2] [3] The website is owned by Wealth India Financial Services Pvt. Ltd. [1] It was initially created just for mutual funds but later introduced other investment products like stocks, corporate fixed deposits, bonds, and more. [4] FundsIndia was founded by C.R. Chandrasekar and Srikanth Meenakshi, [5 ...
Association of Mutual Funds in India, abbreviated as AMFI, is the association of all the asset management companies of SEBI registered mutual funds in India.
Ads
related to: performance of mutual funds in india