Large and mid-cap funds have experienced tremendous growth, with assets under management skyrocketing by over 500% in the past five years, reaching Rs 2.57 lakh crore in July 2024. This remarkable expansion is further underscored by impressive compound annualized returns: 44.07% over one year, 21.85% over three years, 23.67% over five years, and a solid 16.40% over seven years.
IRDAI and GIC conclave: Task force formed to strengthen surety bond insurance
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