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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.
Top center: Indira Gandhi was the first and only woman to serve as prime minister. Top right: Morarji Desai was the first non- Congress prime minister. Bottom left: Atal Bihari Vajpayee was the first non-Congress prime minister to complete a full 5 year term and the only non-Congress prime minister to date to have served on three occasions.
The Constitution of India is the supreme law of India. [2] [3] The document lays down the framework that demarcates fundamental political code, structure, procedures, powers, and duties of government institutions and sets out fundamental rights , directive principles , and the duties of citizens, based on the proposal suggested by M. N. Roy .
WWF-India. World Wide Fund for Nature-India, better known by its abbreviation WWF-India ,Established as a Charitable Trust in 1969, has been devotedly working to protect and secure natural heritage and ecology for more than 50 years. It has an autonomous office, with the Secretariat based in New Delhi and various state, divisional and project ...
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$640 billion). This is a significant milestone, marking over a six-fold increase compared to the ₹ 8.26 trillion (US$100 billion) recorded in December 2013. [2]
The economy of India has transitioned from a mixed planned economy to a mixed middle-income developing social market economy with notable public sector in strategic sectors. It is the world's fifth-largest economy by nominal GDP and the third-largest by purchasing power parity (PPP); on a per capita income basis, India ranked 136th by GDP (nominal) and 125th by GDP (PPP).
Unemployment in India has been at a 45-year old high. According to a 2022 World Bank report, India's youth unemployment rate stood at 23.2%, whereas the national unemployment hovered around 7%. In 2023, 42.3% of graduates were unemployed, showing the lack of job growth needed to accommodate the increasing workforce.
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. History. 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.
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