MuLual lund

A MuLual lund ls a LrusL LhaL pools Lhe savlngs

of a number of lnvesLors who share a common
flnanclal goal
voluLlon
W 1963 unlL 1rusL of lndla
W 196487 llrsL hase
W 19871993 Second hase
W 19932003 1hlrd hase
W Slnce lebruary 2003
196387
W unlL 1rusL of lndla formaLlon by 88l ln 1963
W 1978lu8l Lakes over funcLlonallLles from 88l
W 1988 AsseLs under ManagemenL
(AuM) 8s6700 cr
19871993 Second hase
W 1987Marked enLry of ubllc SecLor 8anks LlC and ClC
W !une 87S8l was flrsL nonunlL 1rusL of lndla lnsLlLuLlon
Lo seLup Lhe MuLual lund
W 1989LlC nLered Lhe MuLual lund Space
W 1990 ClC nLered Lhe MuLual lund MarkeLs
19932003 1hlrd hase
W 1993nLry of rlvaLe layers
S8l Lald Culdellnes for all
players excepL unlL 1rusL of lndla
W 1996 S8l(MuLual lund) 8egulaLlons
passed
W 2003 33 MuLual lund layers were ln Lhe
lndlan MarkeL
W 2003 AuM 121803 cr
2003Cnwards
W unlL 1rusL of lndla 8lflrcaLed lnLo Lwo enLlLles
W u1lMuLual lund sponsored by S8l n8 8C8 and LlC
W u1lMuLual lund governed by S8l 8egulaLlons 1996
W unlL 1rusL of lndla only covers uS64
2003Cnwards
W ConsolldaLlon of Lhe MuLual lund Pouses
8eglns