๐Ÿ“ข Too many exams? Donโ€™t know which one suits you best? Book Your Free Expert ๐Ÿ‘‰ call Now!

  • google app store apple app store
  • โœ–

      Question

      What significant milestone did the mutual fund industry

      achieve in December 2023, as per the data released by AMFI?
      A โ‚น50 lakh crore assets under management (AUM) Correct Answer Incorrect Answer
      B โ‚น40 lakh crore assets under management (AUM) Correct Answer Incorrect Answer
      C โ‚น30 lakh crore assets under management (AUM) Correct Answer Incorrect Answer
      D โ‚น20 lakh crore assets under management (AUM) Correct Answer Incorrect Answer
      E โ‚น10 lakh crore assets under management (AUM) Correct Answer Incorrect Answer

      Solution

      The mutual fund industry achieved a significant milestone of โ‚น50 lakh crore assets under management (AUM) in the month of December 2023, the AMFI data released on Monday showed. What is awe-inspiring is that it took barely 13 months to take the overall AUM from โ‚น40 lakh crore to โ‚น50 lakh crore.

      Practice Next
      ask-question