How big is the US mutual fund market?

How big is the US mutual fund market?

With a whopping USD 21.3 trillion in total Net assets, The United States mutual fund industry remained the largest in the world in 2019. US accounted for almost 40% of the global mutual fund market that was valued at USD 54.93 Trillion in 2019.

Is there mutual fund in US?

The United States has a very large mutual fund market. There are literally hundreds of different fund families and thousands of individual funds available, and all of them are vying for your investment dollars.

How many mutual funds are there worldwide?

The number of mutual funds globally increased from approximately 66,400 in 2009 to approximately 126,500 thousand in 2020. Mutual funds are a form of collective investment. The investors’ money is pooled together and invested in selected financial instruments, according to the strategy defined in the fund prospectus.

How many mutual funds are there in North America?

While the number of mutual funds registered the U.S. has remained stable at around 8,000 for the last two decades, however the assets under management of U.S mutal funds has more than tripled over this time, breaking the 20 trillion U.S. dollar barrier in 2019.

How many mutual funds exist in 2020?

7,636 mutual funds
In 2020, there were 7,636 mutual funds in the United States. This is a reasonable decline from the previous year, and reverses the upward trend of the preceding decade, most likely due to the economic effects of the global coronavirus (COVID-19) pandemic.

How much money is invested in mutual funds in the US?

It was found that the total global net assets of mutual funds registered in the United States amounted to approximately 23.9 trillion U.S. dollars in 2020….

Characteristic Total net assets in trillion U.S. dollars
2019 21.29
2018 17.71
2017 18.76
2016 16.35

Is BlackRock a hedge fund?

BlackRock manages US$38bn across a broad range of hedge fund strategies. With over 20 years of proven experience, the depth and breadth of our platform has evolved into a comprehensive toolkit of 30+ strategies.

Which is the most profitable mutual fund?

Top 10 Mutual Funds

  • ICICI Prudential Focused Bluechip Equity Fund.
  • Aditya Birla Sun Life Small & Midcap Fund.
  • Tata Equity PE Fund.
  • HDFC Monthly Income Plan – MTP.
  • L Tax Advantage Fund.
  • SBI Nifty Index Fund.
  • Kotak Corporate Bond Fund.
  • Canara Robeco Gilt PGS.

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