History Of Mutual Funds In India
5paisa Research Team
Last Updated: 02 Jan, 2025 12:54 PM IST
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Content
- What Is Meant By The History Of Mutual Funds In India?
- A Detailed History Of Mutual Funds In India
- Facts Concerning Mutual Fund Industry Growth
- Future of Mutual Funds
- Conclusion
Mutual funds have provided retail investors with the opportunity to restructure their financial landscape. It serves as a fascinating vehicle for investment that has played a crucial role in the mobilization of savings from individuals and channeling them into different financial instruments, thereby fostering the creation of wealth and rapid growth in the economy of the country.
But are you aware of the history of mutual funds in India? It marks a fascinating journey reflecting the facial growth of the country. This article will delve deep into the roots of mutual funds and how it has brought about significant transformations in the oeuvre of finance.
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- How to Check Mutual Fund Status with Folio Number
- Oldest Mutual Funds In India
- History Of Mutual Funds In India
- How To Redeem ELSS Before 3 Years?
- Types of Index Funds
- Who Regulates Mutual Funds In India?
- Mutual Fund Vs. Share Market
- Absolute Return in Mutual Fund
- ELSS Lock in Period
- Treasury Bills Repurchase (TREPS)
- Target Date Fund
- Stock SIP vs Mutual Fund SIP
- ULIP vs ELSS
- Long Term Capital Gain Tax on Mutual Funds
- Smart Beta Funds
- Inverted Yield Curve
- Risk-Return Trade-Off
- Registrar and Transfer Agents (RTA)
- Mutual Funds Overlap
- Mutual Fund Redemption
- Mark to Market (MTM)
- Information Ratio
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- Tax Treatment of Long Term Capital Gains
- What is SIP?
- NAV in Mutual Funds
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- Advantages and Disadvantages of Mutual Funds
- How to Choose Mutual Funds in India?
- How to Invest In Mutual Funds?
- How to Calculate NAV of Mutual Fund?
- What Is CAGR In Mutual Funds?
- AUM in Mutual Fund
- Total Expense Ratio
- What is XIRR in Mutual Funds?
- What is SWP in Mutual Fund
- How to Calculate Mutual Fund Return?
- Gold Mutual Funds
- Tax On Mutual Fund Investment
- The Top Benefits and Drawbacks of The Rupee Cost Averaging Approach
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- Top Fund Managers in India
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- ELSS vs Equity Mutual Fund
- NPS vs Mutual Fund
- Can NRIs Invest in Mutual Funds?
- Mutual Funds Categorisation In India
- Everything You Need to Know About Small-Cap Funds
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- What is Large Cap Mutual Fund ?
- What is Index Fund ?
- What is IDCW in Mutual Fund ?
- What is Hybrid Fund?
- What is Gilt Fund ?
- What is ELSS Fund ?
- What is Debt Funds?
- What is an Asset Management Company - A Thorough Explanation
- What are Mid Cap Funds
- Liquid Funds - What are Liquid Funds?
- A Beginner's Guide to Investing in Fund of Funds Read More
Disclaimer: Investment in securities market are subject to market risks, read all the related documents carefully before investing. For detailed disclaimer please Click here.
Frequently Asked Questions
UTI (Unit Trust Of India) is the first mutual fund of India, established on 1st February 1964 through a joint attempt of the Reserve Bank of India and the Government of India.
SIP, or Systematic Investment Plan, was introduced in India in the late 1990s. The credit for launching the first SIP in India goes to Kothari Pioneer Mutual Fund in 1993, which has now merged with Franklin Templeton Mutual Fund.
In December 2000, UTI launched the very first index fund in India named "UTI Nifty Index Fund," whose main objective was to track the performance of the index of Nifty 50, which serves as India's key stock market indices entertaining the top 50 largest and most liquid stocks that are listed on NSE (National Stock Exchange).
The Reserve Bank of India, along with the collaboration of the government of India, introduced the first mutual fund in India.