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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.
Mutual Fund - The Mutual Fund primarily targets retail investors. [10] Portfolio Management Services - allows high net worth investors to invest in a more concentrated portfolio aiming at higher returns. In the year 2000, ICICI Prudential AMC was the first institutional participant to offer these service in India. [11]
SBI Mutual Fund is an Indian private asset management company [6] introduced by the State Bank of India (SBI) and incorporated in 1987 with its corporate head office located in Mumbai, India.
The best mutual funds to invest in span the gamut from exceptionally high returns to fairly modest returns, all of which are related to risk. Stock mutual funds — high risk: 12% Bond mutual ...
Mutual funds offer a simple way to build a diverse portfolio. Find out which funds have low fees and proven lasting power and what to consider before investing. Best Mutual Funds To Invest In Now ...
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 ...
ET Money is an Indian fintech and wealth management platform which was founded in 2015 . [2] It offers a variety of financial products and services, including mutual funds, insurance, fixed deposits, NPS and SIPs. [3]
Mutual fund highlight: More than 6,000 no-load, no-transaction-fee mutual funds Ally Invest The broker cut its commission on no-load mutual funds to $0 from $9.95 per trade in 2023.
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