After the corporate and auto awards, CNBC India, the country's fast growing dedicated business news channel, today announced the Mutual Fund awards of the year, in association with BNP Paribas.

Zurich Asset Management, Templeton Asset Management, Templeton India Growth Fund, Pioneer ITI Bluechip Fund Growth, Pioneer ITI Bluechip Fund, K Bond 99 Wholesale Plan Growth, JM Income Fund Growth, Prudential ICICI Balanced Fund Growth, and Alliance 95 Fund Growth will walk away with the top honours at the awards function to be held in Mumbai on 13 February.

Zurich Asset Management and Templeton Asset Management bagged the top CNBC India BNP Paribas Mutual Fund of the Year awards. Zurich won the Fund House of the Year award in the one-year category, while Templeton won the Fund House of the Year award in the three-year category.

Among the open-ended equity diversified funds, Templeton India Growth Fund walked away with the award in the one-year category. The Pioneer ITI Bluechip Fund Growth was the winner in the three-year category and the Pioneer ITI Bluechip Fund was the winner in the five-year category. In the case of open-ended debt or income funds, the K Bond 99 Wholesale Plan Growth was the winner in the one-year category, while the JM Income Fund Growth was the winner in the three-year category. Among open-ended balanced funds, Prudential ICICI Balanced Fund Growth won in the one-year category and Alliance 95 Fund Growth won in the three and five-year categories.

The company, a joint venture of Television Eighteen India Ltd and CNBC Asia, has reportedly also joined hands with Standard & Poor Fund Services (S&P FS) to form a credible platform for rating the entire range of mutual funds schemes existing in the country.

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