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Who is the controlling authority for mutual funds?
The Securities and Exchanges Board of India SEBI and The Association of Mutual Funds in India (AMFI) control the Mutual Funds in India
Is income from mutual funds are taxable in India?
No.
Who owns mutual funds?
Although mutual funds are usually initiated and often indirectly managed by investment companies, shareholders own the funds
How many mutual fund companies 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.
What does AMFI stands for?
Association of Mutual Funds in India
What is AMFI?
Association of Mutual Funds of India(AMFI)
Why mutual funds are not popular in south 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
How many mutual funds are in India?
in India there is almost 34 mutual fund houses are active as on APRIL 2008 gmrpraveen@gmail.com
Is ok to invest in State bank of India 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.
Who is the number one mutual fund company in India?
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
What is the current net asset of mutual funds?
In India: 6.81 Crore Lakh Rupees
Mutual funds in companies?
There are numerous Mutual Fund Companies in India. Some of the prominent ones are:ICICI Prudential Mutual FundsHDFC Mutual FundsSBI Mutual FundsPrincipal Mutual FundsDSP Black Rock Mutual FundsReligare Asset ManagementReliance Mutual Fundetc
