CURRENT AFFAIRS

2022

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The mutual fund mobile app eInvest has been launched by which asset management company for the investor?
A
Invesco Asset Management
B
Edelweiss Asset Management
C
ICICI Prudential Asset Management Company
D
Kotak Mahindra Asset Management
Explanation: 

Detailed explanation-1: -Edelweiss Asset Management has launched the mutual fund investing mobile application eInvest to help investors perform all financial transactions on the go.

Detailed explanation-2: -If you are an existing investor or a new investor with Edelweiss Mutual Fund, you can make transactions, start an SIP, avail Insta Redemption anytime and from anywhere through the eInvest app.

Detailed explanation-3: -Edelweiss Asset Management has launched eInvest- a mutual fund mobile app for investors for a smooth investing experience. eInvest is an easy-to-use app that will help investors perform all financial transactions on the go.

Detailed explanation-4: -First Phase - 1964-1987 Unit Trust of India (UTI) was established in 1963 by an Act of Parliament.

Detailed explanation-5: -Definition: A new fund offer (NFO) is the first time subscription offer for a new scheme launched by the asset management companies (AMCs). A new fund offer is launched in the market to raise capital from the public in order to buy securities like shares, govt. bonds etc.

There is 1 question to complete.