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  2. ICICI Prudential Mutual Fund - Wikipedia

    en.wikipedia.org/wiki/ICICI_Prudential_Mutual_Fund

    Owner. 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.

  3. Mutual funds in India - Wikipedia

    en.wikipedia.org/wiki/Mutual_funds_in_India

    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]

  4. ICICI Prudential Life Insurance - Wikipedia

    en.wikipedia.org/wiki/ICICI_Prudential_Life...

    ICICI Prudential Life Insurance started its operations in 2001. The life insurance arm was established as a joint venture between ICICI Bank Limited and Prudential Corporation Holdings Limited with assets under management (AUM) of approx. ₹ 1 billion (US$13 million). In 2005, the company crossed the mark of 1 million policies.

  5. How To Calculate Interest in a Savings Account - AOL

    www.aol.com/finance/calculate-interest-savings...

    First, start by calculating simple interest on an account holding $1,000. Let’s calculate 2.96% simple interest for one year, paid annually. You’d use the following formula: Principal X ...

  6. ICICI Bank - Wikipedia

    en.wikipedia.org/wiki/ICICI_Bank

    ICICI Bank Limited is an Indian multinational bank and financial services company headquartered in Mumbai with a registered office in Vadodara.It offers a wide range of banking and financial services for corporate and retail customers through various delivery channels and specialized subsidiaries in the areas of investment banking, life, non-life insurance, venture capital and asset management.

  7. Mutual fund - Wikipedia

    en.wikipedia.org/wiki/Mutual_fund

    A mutual fund is an investment fund that pools money from many investors to purchase securities. The term is typically used in the United States, Canada, and India, while similar structures across the globe include the SICAV in Europe ('investment company with variable capital'), and the open-ended investment company (OEIC) in the UK.

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  9. Public Provident Fund (India) - Wikipedia

    en.wikipedia.org/wiki/Public_Provident_Fund_(India)

    The Public Provident Fund ( PPF) is a savings-cum-tax-saving instrument in India, [1] introduced by the National Savings Institute of the Ministry of Finance in 1968. The scheme's main objective is to mobilize small savings by offering an investment with reasonable returns combined with income tax benefits. [2]

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