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Which is the first mutual fund to be launched in india?


Which is the first mutual fund to be launched in india?

Unit Trust of India was the first mutual fund company in India formed by an act of parliament in the year 1963. UTI launched its first scheme in 1964, named as Unit Scheme 1964 (US-64)

UTI 1964

morgan stanly 1989...

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The first company to start Mutual Fund in India was Unit Trust of India.

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