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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$610 billion). This is a significant milestone, marking over a six-fold increase compared to the ₹ 8.26 trillion (US$99 billion) recorded in December 2013.
Association of Mutual Funds in India, abbreviated as AMFI, is the association of all the asset management companies of SEBI registered mutual funds in India. History. 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.
The Indian mutual fund industry is blooming. For premium support please call: 800-290-4726 more ways to reach us
Axis Mutual Fund. Axis Mutual Fund is an Indian asset management company. It was established in the year 2009 and has its headquarters in Mumbai. [9] [10] Axis Mutual Fund offers various types of mutual fund schemes to invest in India, such as equity funds, hybrid funds, debt funds, and more. [11]
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. [5] [6]
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 ...
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