Economics · Financial Institutions
Which institution setup the first mutual fund in India?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Life Insurance Corporation of India (LIC)
- 2Unit Trust of India (UTI)✓
- 3State Bank of India (SBI)
- 4General Insurance Corporation of India (GIC)
Correct answer
Unit Trust of India (UTI)
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