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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]
The Guggenheim Core Bond Fund invests mostly in investment-grade fixed-income securities, which may include closed-end funds and exchange-traded funds. It’s a lower-risk fund with solid returns ...
The Indian mutual fund industry is blooming. For premium support please call: 800-290-4726 more ways to reach us
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. Most mutual funds firms in India are its members. The organisation aims to develop the mutual funds market in India, by improving ethical and professional standards. [2]
UTI Mutual Fund Company [ edit] 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.
The best mutual fund for you will be one that meets your investment goals, has low fees and performs well over time. Learn about the top picks for 2021. Best Mutual Funds To Invest In Now: 12 Top ...
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