BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
How many Mutual Fund companies are there in India?
A
43
B
44
C
54
D
48
Explanation: 

Detailed explanation-1: -There are 44 asset management companies (AMCs) or mutual fund houses operating in India.

Detailed explanation-2: -There are as many as 44 AMFI (Association of Mutual Funds in India) registered fund houses in India which together offer more than 2, 500 mutual fund schemes. The wide array of funds often make it a little difficult for investors to choose the best scheme for them.

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