LIC

The other side of Mutual Fund- Sahi Nehi Hai Popularity of Mutual fund in India is at peak. Increasing acceptance of Mutual Funds as a preferred asset class amongst Indian investors because of a strong Indian economy, better regulation, entry of private players and spreading awareness. As on 30th June, 2018, we have 41 Asset Management Companies (AMC) in country. Assets Under Management (AUM) as on June 30, 2018 stood at Rs 22.86 lakh crore. The MF Industry’s AUM has grown from Rs 7.01 trillion as on 31st March, 2013 to Rs…