2021
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Kotak Mahindra Mutual Fund
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Aditya Birla Sun Life Mutual Fund
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Reliance Mutual Fund
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SBI Mutual Fund
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Detailed explanation-1: -SBI Funds Management Pvt. Ltd has informed that it has become the first mutual fund house in India to cross the Rs. 5 lakh crore average assets under management (AAUM) mark.
Detailed explanation-2: -SBI Mutual Fund is the first mutual fund house to cross Rs. 5 Lakh crore AAUM milestone | Business News This Week.
Detailed explanation-3: -HDFC Asset Management Company Ltd. or HDFC Mutual Fund is currently the largest mutual fund and actively managed equity mutual fund in India. 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.
Detailed explanation-4: -This involves the collection and allocation of the funds in a variety of assets and securities such as stocks, bonds, etc. The AMC appoints professionals to manage the funds and such professionals are called fund managers.