Assets under management (AUM) of this equity category in FY24 soared by ₹1.22 lakh crore to ₹2.93 lakh crore from ₹1.7 lakh crore a year ago - the highest growth in assets under management (AUM) collected by any equity category in this period.
Financial Literacy News: The introduction of new Know-Your-Customer (KYC) regulations for mutual funds, effective from April 1, 2024, has changed how investors can access mutual fund schemes. That's why it's important for mutual fund investors to check their KYC status and understand what it means, so they can invest in mutual fund schemes without any hassle.
Discover the top Banking & PSU mutual funds to invest in April 2024. Understand the safety and risks involved in these debt funds. Learn about the methodology used to shortlist the best funds for investment.