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  • Question
  • Which among the following tops in the list of Association of Mutual Funds in India (Amfi)?


  • Options
  • A. ICICI Prudential Asset Management
  • B. HDFC Asset Management
  • C. Reliance Capital Asset Management
  • D. UTI Asset Management

  • Correct Answer
  • HDFC Asset Management 

    Explanation
    India's asset management companies (AMCs) own assets under management (AUM) worth Rs24.46 trillion, according to data released by the Association of Mutual Funds in India (Amfi). HDFC Asset Management Co. Ltd has claimed the top spot with an average AUM of Rs3.42 trillion, overtaking ICICI Prudential Asset Management Co. Ltd with an average AUM of at Rs3.20 trillion. Out of the total industry assets, a huge 82.7% is owned by the top 10 AMCs, who have owned around 80% of the industry assets over at least three years now.

  • Business problems


    Search Results


    • 1. Who get an approval from CCI to acquire up to 66.15% stake in Mindtree?

    • Options
    • A. Tata Group
    • B. Shapoorji Pallonji Group
    • C. Hindustan Unilever
    • D. Larsen & Toubro
    • Discuss
    • 2. Which of the following comapny palns to acquired British toy retailer Hamleys?

    • Options
    • A. Wipro
    • B. Infosys
    • C. Tata Group
    • D. Reliance Industries Ltd
    • Discuss
    • 3. Who plans to close down its retail operations in China?

    • Options
    • A. Sunsky
    • B. Ali Express
    • C. Tmart
    • D. Amazon
    • Discuss
    • 4. Name the company which has Unveils its Own Blockchain-Based Service.

    • Options
    • A. Sony
    • B. IBM
    • C. Microsoft
    • D. Adobe
    • Discuss
    • 5. Name the company which launched Mosquito Disease Protection Policy which will cover people against common mosquito-borne diseases.

    • Options
    • A. TATA AIG
    • B. HDFC ERGO General Insurance
    • C. Apollo Munich Health Insurance
    • D. Max Bupa
    • Discuss
    • 6. The new ?20 denomination banknote has a motif of __________ on the reverse, depicting the country's cultural heritage.

    • Options
    • A. Ellora Caves
    • B. Ajanta Caves
    • C. Agra Fort
    • D. Fatehpur Sikri
    • Discuss
    • 7. Name the company which overtakes Apple to become 2nd Biggest Smartphone Maker.

    • Options
    • A. OnePlus
    • B. Sony Corporation
    • C. Huawei Technologies
    • D. Xiaomi
    • Discuss
    • 8. IGNOU has launched an awareness programme on GST in collaboration with which stock exchange?

    • Options
    • A. BSE
    • B. NSE
    • C. India International Exchange
    • D. OTCEI
    • Discuss
    • 9. Who has patnered with the GE Healthcare to bring digital healthcare solutions to the market?

    • Options
    • A. AIMA
    • B. T-Hub
    • C. Infosys
    • D. NASSCOM
    • Discuss
    • 10. Who raise 173 cr from Belgium's Advent Management?

    • Options
    • A. Unacademy
    • B. HealthKart
    • C. Shuttl
    • D. Amazon
    • Discuss


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