News > Mutual Funds business seeks administration of pension, provident, insurance coverage funds
Mutual Funds business seeks administration of pension, provident, insurance coverage funds
Timesmedianews | 11/12/2022 07:07 PM | Click to read full article
The goal of doubling the asset below administration to ₹80 lakh crore will be met sooner than the focused year of 2027, if the mutual fund sector is allowed to handle pension, provident and insurance coverage funds, an official mentioned on Saturday. The Association of Mutual Funds in India additionally anticipated that AMC Repo Clearing Ltd (ARCL) will turn operational from January 2023, which can present a fillip to the wholesale company debt market.
