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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.
The East India Company ( EIC) [a] was an English, and later British, joint-stock company founded in 1600 and dissolved in 1874. [4] It was formed to trade in the Indian Ocean region, initially with the East Indies (the Indian subcontinent and Southeast Asia ), and later with East Asia. The company gained control of large parts of the Indian ...
In India, black money is funds earned on the black market, on which income and other taxes have not been paid. Also, the unaccounted money that is concealed from the tax administrator is called black money. The black money is accumulated by the criminals, smugglers, and tax-evaders. Around ₹22,000 crores are supposed [citation needed] to have ...
Company rule in India (sometimes Company Raj, from Hindi: rāj, lit. 'rule') was the rule of the British East India Company on the Indian subcontinent.This is variously taken to have commenced in 1757, after the Battle of Plassey, when the Nawab of Bengal Siraj ud-Daulah was defeated and replaced with Mir Jafar, who had the support of the East India Company; or in 1765, when the Company was ...
In the financial history of the world, the Dutch East India Company (VOC) was the first recorded (public) company ever to pay regular dividends. The VOC paid annual dividends worth around 18 percent of the value of the shares for almost 200 years of existence (1602–1800).
An Act to provide for the Redemption or Commutation of the Dividend on the Capital Stock of the East India Company, and for the transfer of the Security Fund of the India Company to the Secretary of State in Council of India, and for the dissolution of the East India Company. Citation: 36 & 37 Vict. c. 17: Dates; Royal assent: 15 May 1873 ...
The Government of India Act 1833 ( 3 & 4 Will. 4. c. 85), sometimes called the East India Company Act 1833 or the Charter Act 1833, was an Act of the Parliament of the United Kingdom, later retitled as the Saint Helena Act 1833. It extended the royal charter granted to the East India Company for an additional twenty years, and restructured the ...
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]
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