CURRENT AFFAIRS

Detailed explanation-1: -It is also known as the top Asset Management Company in India It is one of the most profitable asset management companies in the country. HDFC Mutual Fund has 85 no. of funds in total and as of March 2023 holds Rs. 432084.97 Cr.

Detailed explanation-2: -Some of the Best Asset Management Companies in India Mirae Asset Global Inv (India) Private. Ltd. Mirae Asset Tax Saver Fund, Mirae Asset Hybrid – Equity Fund, Mirae Asset Emerging Bluechip Fund, Mirae Asset Large Cap Fund,Mirae Asset Midcap Fund, Mirae Asset Short Term Fund, Mirae Asset Dynamic Bond Fund.

Detailed explanation-3: -SBI Fund Management Company is India’s oldest asset management company. It boasts a rich history of over two and a half decades in investing and fund management. The AMC is a joint venture between the State Bank of India (SBI) and Amundi, a European Asset Management Company.

Detailed explanation-4: -Fixed assets, equity (equity investments, equity-linked savings schemes), real estate, commodities (gold, silver, bronze), cash and cash equivalents, derivatives (equity, bonds, debt), and alternative investments such as hedge funds and bitcoins are examples.

Detailed explanation-5: -There are 44 asset management companies (AMCs) or mutual fund houses operating in India. These companies manage the investments of investors to fetch them optimal returns. Below we have provided a list of mutual fund houses in India: 1.