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Rolinco, a second mutual fund for investors more interested in capital growth than taxable dividend, was founded in 1965. Robeco Group is also founded. The company became the largest mutual fund in Europe in 1969. Rorento, Robeco’s first bond fund, was founded in 1974 as an answer to the oil crisis in 1973.
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]
Canara Bank. Canara Bank is an Indian public sector bank based in Bangalore, India. Established in 1906 at Mangalore by Ammembal Subba Rao Pai. The bank was nationalized in 1969. Canara Bank also has offices in London, Dubai and New York.
Canara HSBC Life Insurance is an Indian life insurance company, headquartered in Gurugram. [5] Established in 2008, Canara HSBC Life Insurance [6] was a joint venture between Canara Bank (51%), HSBC Insurance (Asia Pacific) Holdings Limited (26%) and Punjab National Bank (23%). On 15 June 2022, the company renamed itself as Canara HSBC Life ...
History In February 1999, CDSL received certificate of commencement of business from Securities and Exchange Board of India (SEBI). On 30 June 2017, CDSL was listed on the National Stock Exchange (NSE) through initial public offering (IPO) making it the first depository in Asia-Pacific region and only the second depository in the world to get listed. CDSL was initially promoted by BSE Ltd ...
URL. www .fundsindia .com. 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 ...
Arevuk Advisory Services Pvt. Ltd. Website. https://kuvera.in. Kuvera is an Indian online wealth management platform for mutual funds, digital gold, fixed deposits, cryptocurrency exchange, insurance & US ETF investment. It is operated by Arevuk Advisory Services Pvt. Ltd., a company headquartered in Bangalore. [1] [2]
Birla Sun Life Asset Management Company was established in 1994 as a joint venture between the Aditya Birla Group and the Sun Life Financial of Canada where the former owns 51% and the rest by latter. It provides wealth accumulation and protection products, and services to individuals and corporate customers.
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