Unit Trust of India is the first Mutual Fund set up under a separate act, UTI Act in 1963, and started its operations in 1964 with the issue of units under the scheme US-64 TOP Which are the other institutions that have floated Mutual Funds in India?

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Unit Trust of India is the first Mutual Fund set up under a separate act, UTI Act in 1963, and started its operations in 1964 with the issue of units under the scheme US-64 TOP Which are the other institutions that have floated Mutual Funds in India?

April 26, 2017ACT India mutual fund Mutual funds separate Trust UTI

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Unit Trust of India is the first Mutual Fund set up under a separate act, UTI Act in 1963, and started its operations in 1964 with the issue of units under the scheme US-64 TOP Which are the other institutions that have floated Mutual Funds in India?

1 Answer

score 0 · Answer 1 · 2009-05-01T02:46:09+00:00

Currently public sector banks like SBI, Canara Bank, Bank of India, institutions like IDBI, GIC, LIC Foreign Institutions like Alliance, Morgan Stanley, Templeton and Private financial companies like Kothari Pioneer, DSP Merrill Lynch, Sundaram, Kotak Mahindra etc.

Unit Trust of India is the first Mutual Fund set up under a separate act, UTI Act in 1963, and started its operations in 1964 with the issue of units under the scheme US-64 TOP Which are the other institutions that have floated Mutual Funds in India?

1 Answer

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