2019
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Aditya Birla Sun Life Mutual Fund
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SBI Mutual Fund
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ICICI Prudential MF
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HDFC Mutual Fund
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Detailed explanation-1: -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.
Detailed explanation-2: -As of March 2022, SBI Funds Management in India had a total value of assets under management worth over six trillion Indian rupees. Thereby, the wealth management wing of India’s biggest public bank, State Bank of India (SBI), led the list of Indian asset management companies by far.
Detailed explanation-3: -BlackRock Inc, headquartered in New York City, is the world’s largest asset manager serving individual investors, companies, governments and foundations through over 80 offices worldwide. BlackRock is independent publicly traded company with a market capitalization of $106 billion as of December 30, 2022.
Detailed explanation-4: -An asset management company (AMC) is a firm that invests pooled funds from clients, putting the capital to work through different investments including stocks, bonds, real estate, master limited partnerships, and more.