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