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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$590 billion). This is a significant milestone, marking over a six-fold increase compared to the ₹ 8.26 trillion (US$95 billion) recorded in December 2013.
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.
A nidhi company is a type of company in the Indian non-banking finance sector, recognized under section 406 of the Companies Act, 2013. [1] Their core business is borrowing and lending money between their members. [2] They are also known as Permanent Fund, Benefit Funds, Quasi Bank, Mutual Benefit Funds and Mutual Benefit Company.
Download as PDF; Printable version; ... Pages in category "Mutual funds of India" The following 13 pages are in this category, out of 13 total. ... SBI Mutual Fund;
Redbox TV. Download the Redbox TV app. Go to Watch Free in the top menu bar and then the Free Live TV section. You’ll find Yahoo Finance under News & Weather.
JM Financial (JMFL) is an Indian financial services group headquartered in Mumbai and has branches across India. [3] It also has overseas branches in Ebene, Singapore, New Jersey and Dubai although almost all the group's business are domestic operations in India. [1] [3]
Sundaram Finance Limited is an Indian financial and investment service provider, based in Chennai. The company offers consumer loans, wealth management , commercial finance , investment banking , private equity , treasury advisory, credit cards and infrastructure finance, among others.
The influence of the Reserve Bank of India's power over the Indian money market is confined almost exclusively to the organised banking structure. It is also considered to be the biggest regulator in the markets. There are certain rates and data which are released at regular intervals which have a huge impact on all the financial markets in India.