Which of the following is the largest mutual fund organisation in India ........

Indian Economy (Easy) Financial System

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Which of the following is the largest mutual fund organisation in India

SBI Mutual Fund

GIC Mutual Fund

LIC Mutual Fund

Unit Trust of India

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Explanation:

SBI Mutual Fund has displaced HDFC Mutual Fund to become India’s largest fund house, according to quarterly average AUM data released by the Association of Mutual Funds of India (AMFI) for January-March. SBI MF has attributed the growth to its network of independent financial advisors and relative emphasis on debt funds rather than inflows from the Employees Provident Fund Organisation (EPFO) or sales from SBI bank branches.