1963 | Establishment of Unit Trust of India |
1964 | Unit Scheme 1964 launched |
1987 | Entry of non-UTI, Public Sector mutual funds |
1993 | Entry of private sector funds
First Mutual Fund regulations came into being |
1996 | Substitution of prevalent rules by SEBI (Mutual Funds) Regulations 1996 |
2003 | UTI bifurcated into two separate entities
-1964Â Â Â Â Â Â Â Â Â Â Â Â Specified Undertaking of Unit Trust of India -1965Â Â Â Â Â Â Â Â Â Â Â Â UTI Mutual Fund |
2004 | Existence of 421 schemes, managing assets worth Rs. 153108 |
History of Mutual Funds in India
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