SBI Balanced Advantage Fund, launched on August 11, seeks to generate long-term appreciation by aiming to capture the potential upside and limit the downside in volatile equity markets
May 12, 2021
At ₹5.04 lakh crore, SBI MF occupies top position
ICICI Prudential Mutual Fund has regained its second spot in the list of asset under management as of April-end toppling HDFC MF. Interestingly, SBI Mutual Fund with AUM of ₹5.04 lakh crore retained its numero uno position.
ICICI Pru MF recorded an AUM of ₹4.13 lakh crore while HDFC MF’s stood at ₹4.08 lakh crore last month. Previously, the difference between ICICI Mutual Fund and HDFC Mutual was just ₹1,000 crore.
Aditya Biral Sun Life Mutual Fund, which is gearing up to get listed on the stock exchange, has occupied the fourth position with an AUM of₹2.66 lakh crore while Kotak MF ranked fifth.
India Business News: Investors in all the six debt schemes of Franklin Templeton Mutual Fund that are in the process of being closed down are set to get another Rs 2,962 c
International Women s day: The women who run the show in the Indian mutual fund industry
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Synopsis
As CEOs, heads of asset classes and fund managers, women in the mutual fund space are doing a great job and this women’s day we tell you about their remarkable work.
ET Online
Several reports suggest that women are still massively underrepresented in the mutual fund industry. However, a small number of women are running quite a big show in the industry. As CEOs, heads of asset classes and fund managers, women in the mutual fund space are doing a great job and this women’s day we tell you about their remarkable work.