in India there is almost 34 mutual fund houses are active as on APRIL 2008
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the he number of Companies in India have increased at an impressive rate in the last few decades. Most of the Indian Companies have tasted tremendous success due to the massive industrialization that has taken place. More and more foreign companies are either holding hands with some of the Companies in India by entering into a partnership with them or they are building up their own offices and branches in India. The various Companies in India like the Engineering Companies in India , Software Companies in India , Food & Beverage Companies in India , Iron & Steel Companies in India , Pharmaceutical Companies in India and many others are helping in the speedy development of the Indian economy.
By 1990, there were 3,105 different mutual funds
Yes. SBI Mutual Funds is a profitable and well performing mutual fund company in India. However all funds offered by SBI are not performing greatly so, you must look at the funds prospectus, offer document and past performance before taking your investment decision.
To develop the commercial bills market, the Securities and Exchange Board of India (SEBI) allowed, in 1995-96, 14 mutual funds to participate as lenders in the bills rediscounting market. During 1996-97, seven more mutual funds were permitted to participate in this market as lenders while another four primary dealers were allowed to participate as both lenders and borrowers
According to me these are the best equity mutual funds to invest in India. 1. IDFC Premier Equity A fund-Growth. 2. Birla Sun Life Dividend Yield Plus fund-Growth. 3. Reliance Equity Opportunities fund -Growth. 4. HDFC Balanced fund-Growth. 5. ICICI Prudiential Discovery fund-Growth. And to add a pinch of Gold you can add Reliance Gold Savings fund to your portfolio. BY: Chandra Mohan Semwal. Email ID: mohansemu@gmail.com.
The Securities and Exchanges Board of India SEBI and The Association of Mutual Funds in India (AMFI) control the Mutual Funds in India
the he number of Companies in India have increased at an impressive rate in the last few decades. Most of the Indian Companies have tasted tremendous success due to the massive industrialization that has taken place. More and more foreign companies are either holding hands with some of the Companies in India by entering into a partnership with them or they are building up their own offices and branches in India. The various Companies in India like the Engineering Companies in India , Software Companies in India , Food & Beverage Companies in India , Iron & Steel Companies in India , Pharmaceutical Companies in India and many others are helping in the speedy development of the Indian economy.
No.
Association of Mutual Funds of India(AMFI)
Association of Mutual Funds in India
Unfortunately this is a Myth. Mutual Funds are very popular in South India and even investors from Rural Areas are starting to invest in MFs
By 1990, there were 3,105 different mutual funds
The Mutual Funds Group of India offer global marketing and portfolio management. This group also deals in selling of properties to internationally based companies.
There are a lot of mutual fund houses in India. Some of the significant ones are:HDFC Asset Management CompanyICICI PrudentialUTISBISundaram BNP ParibasKotakReligare Asset Management CompanyReliance Mutual fundsPrincipal Mutual fundsetc.
There are many good mutual funds available. According to CNN, some of the best mutual funds available include the American Funds American Mutual A and Sound Shore.
Yes. SBI Mutual Funds is a profitable and well performing mutual fund company in India. However all funds offered by SBI are not performing greatly so, you must look at the funds prospectus, offer document and past performance before taking your investment decision.
No one fund house can claim to be the number one fund company in India. The top few fund houses could be either of the below 3 fund houses: 1. SBI Magnum Mutual Funds 2. HDFC Mutual Funds 3. ICICI Prudential Mutual Funds