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​10 fund houses with smallest AUM or assets under management



​Navi Mutual Fund

​Navi Mutual Fund, another new fund house, manages assets worth Rs 3,683.88 crore as on August 2023. The fund house runs a total of 16 schemes, which includes 10 equity schemes, two debt, hybrid, and others schemes. The fund house acquired Essel Mutual Fund in January 2021, before launching Navi.​



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