2018
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Maharashtra
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Goa
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Tamil Nadu
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Kerala
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Detailed explanation-1: -Maharashtra, Gujarat and New Delhi are the top three states in terms of average equity AUM, shows the latest AMFI data. Equity comprises total equity assets across pure equity funds, hybrid funds and ELSS. As on December 2022, they individually manage Rs. 6.14 lakh crore, Rs.
Detailed explanation-2: -SBI Mutual Fund Since then it has made its place as a Top AMC in India and is also known as the largest mutual fund in India. SBI Mutual Fund has 146 funds in total and as of March 2023 and holds Rs. 647064.29 Cr. of AUM.
Detailed explanation-3: -Assets Under Management (AUM) of Indian Mutual Fund Industry as on December 31, 2022 stood at ₹ 39, 88, 735 crore. The AUM of the Indian MF Industry has grown from ₹ 7.60 trillion as on December 31, 2012 to ₹39.89 trillion as on December 31, 2022 more than 5 fold increase in a span of 10 years.