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Mutual Fund Industry in India can be traced back to 1963, with the launch of the Unit Trust of India by the Government of India under an Act of Parliament. UTI was launched under the regulatory and administrative control of RBI.
From the year 1993 onwards, private sector funds were established in the mutual fund industry.
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Mutual Fund Industry in India can be traced back to 1963, with the launch of the Unit Trust of India by the Government of India under an Act of Parliament. UTI was launched under the regulatory and administrative control of RBI.
From the year 1993 onwards, private sector funds were established in the mutual fund industry.
Each MF Scheme launch by Asset Management Companies (40 AMCs today) are under the supervision of SEBI and AMFI.
MFs are diversified into many Sub-Categories such as SIP insurance, Child funds, Retirement funds, Monthly IDCW, etc.
Contact your Financial Advisor for more details 7013965360.
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