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Follow on Google News | Investment in mutual funds via e-wallets to be a reality soonDigital wallet companies in India might soon find a new set of customers.
By: TradeIndia Research An upper limit on investments of Rs 50,000 per month will be applicable to mutual fund schemes for which no extra KYC process will be required. However, for all other products the limit remains at Rs 10,000 as stipulated earlier. The 44 asset management companies in India managed total average assets under management worth Rs16.1 trillion during the July-September period. As of June 30, there were 49 million mutual fund investor accounts in the country, according to Association of Mutual Funds in India (AMFI). TradeIndia Research is India's one of the best stock advisory who caters & delivers best stock recommendation in Equity Market, Commodity Market & Forex Market. Our aim at providing services in accordance with the comfort levels of all traders/investors in stock market ranging from small investors to HNI's, who trades in vast domain of share market such as Intraday, Free Stock Tips (https://www.tradeindiaresearch.com/ Website : https://www.tradeindiaresearch.com Contact Number(Toll Free No.): 18003157801 End
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