Which asset management company has become the first in India to cross the Rs. 5 lakh crore average assets under the management mark?

1. 

Which asset management company has become the first in India to cross the Rs. 5 lakh crore average assets under the management mark?
[A]. Kotak Mahindra Mutual Fund
[B]. Aditya Birla Sun Life Mutual Fund
[C]. Reliance Mutual Fund
[D]. SBI Mutual Fund

Answer: Option D

Explanation:

The SBI Funds Management Pvt. Ltd has informed that it has become the first mutual fund house in India to cross the Rs. 5 lakh crore average assets under management mark.

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