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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]
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.
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 Indian mutual fund industry is blooming. For premium support please call: 800-290-4726 more ways to reach us
The fund was established in 1985 by Uday Kotak. Kotak Mutual Fund became a wholly-owned subsidiary of Kotak Mahindra Bank Limited in December 1998. In December 2020, it became the first Indian Mutual House to launch the Global REIT Fund of Fund. Products and services. The fund is regulated to manage pension funds in India.
An index fund is a type of mutual fund that either buys all or a representative sample of securities in a specific index, such as the S&P 500. Instead of being actively managed by fund managers,...
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