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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]
Mutual Fund. Portfolio Management Services. Website. bandhanmutual .com. Bandhan Mutual Fund is an Indian asset management company that was established in 2000. [1] According to the Association of Mutual Funds in India (AMFI), the company was 9 th largest fund house in India in 2022. [2]
The Morningstar Rating for Funds, or the Star Rating, debuted in 1985, a year after Morningstar was founded. The 1- to 5-star system, "looks at a fund's risk-adjusted return based on its performance over three, five and 10 years and on its volatility. The highest rating of five stars is bestowed on the 10 percent of funds that perform the best ...
The Indian mutual fund industry is blooming. For premium support please call: 800-290-4726 more ways to reach us
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.
GOBankingRates has put together a list some of the best no-load mutual funds to invest in right now. American Funds American Mutual Fund Class F-1 (AMFFX) Fidelity Fund (FFIDX) T. Rowe Price U.S ...
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