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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.
Old logo of Indiabulls. The Indiabulls Group is an Indian conglomerate headquartered in Gurgaon, whose primary businesses are housing finance, consumer finance, and real estate. The group also has a presence in wealth management, construction-equipment rentals, pharmaceuticals, and LED lighting. [ 1][ 2]
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] The investments tracked and managed on the app is US$3 billion ( ₹ 22,500 crore) as of March 2022.
Money is collected from investors by way of floating various collective investment schemes, e.g. mutual fund schemes. In general, an AMC is a company that is engaged primarily in the business of investing in, and managing, portfolios of securities.
Raamdeo Agrawal. Raamdeo Agrawal is an Indian businessman, stock market investor and Chairman of Motilal Oswal Group [ 1] which he co-founded with Motilal Oswal in 1987. According to Forbes he has a net worth of $1.7 billion as of April 2024. [ 2]
1-800-358-4860. Get live expert help with your AOL needs—from email and passwords, technical questions, mobile email and more.
Navi acquired Essel Mutual Fund, which was given approval by SEBI in December 2020. [20] In May 2021, Navi Mutual Fund moved their headquarters from Mumbai to Bengaluru , making it the first Bengaluru – headquartered asset management company.
The following is a limited list of mutual-fund families in the United States.A family of mutual funds is a group of funds that are marketed under one or more brand names, usually having the same distributor (the company which handles selling and redeeming shares of the fund in transactions with investors), and investment advisor (which is usually a corporate cousin of the distributor).
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