Top AMC in India 2022
Table of Contents
Which is the top AMC in India?
SBI Mutual Fund (AMC)- Rs. 647064.29 Cr
SBI Mutual Fund (State Bank Of Inida) is a payment system introduced by State Bank of India and incorporated in 1987 with its corporate head office located in Mumbai, India. SBIFMPL is a joint venture between the State Bank of India, an Indian public sector bank India’s biggest bank.
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List Of Top AMC (Asset Managment Company) In India 2022
| Sr | AMC | AMU In Rs. June 2022 (Rs Cr.) |
|---|---|---|
| 1. | SBI Funds Management Ltd | 409422.35 |
| 2. | ICICI Prudential Asset Management Company Limited | 360405.27 |
| 3. | HDFC Asset Management Company Limited | 410316.33 |
| 4. | Aditya Birla Sun Life AMC Ltd | 281168.84 |
| 5. | Kotak Mahindra Asset Management Co Ltd | 259526.59 |
| 6. | Nippon Life India Asset Management Ltd | 281180.39 |
| 7. | Axis Asset Management Company Limited | 246097.52 |
| 8. | UTI Asset Management Company Ltd | 158148.66 |
| 9. | IDFC Asset Management Company Limited | 117102.22 |
| 10. | DSP Investment Managers Private Limited | 106639.99 |
Top AMC in India 2022
1. SBI Mutual Fund
SBI Mutual Fund was established in 1987 as a joint venture between the State Bank of India (SBI), and the AMUNDI (France). The fund house leverages on SBIs extensive distribution network and AMUNDIs fund management expertise to deliver best in class service and solutions to all its investors. The fund house offers a broad range of domestic mutual fund schemes across equity, debt and balanced categories along with offshore funds. SBI Mutual Fund aspires to be the most trusted and respected asset manager. The focus of the fund house is on outperforming the benchmark with the help of research-backed investments in Indian equities, and through the active management of clients portfolios.
2. ICICI Prudential Mutual Fund
ICICI Prudential Mutual Fund was established in 1998 as a Joint Venture (JV) between ICICI Bank, and Prudential Plc. The fund house draws upon the financial expertise and rich experience of its parent company and sponsors. It has used an impressive blend of investment expertise, resource bandwidth and process orientation to become one of the leading AMCs in India. It offers a broad range of mutual fund schemes across equity, debt and hybrid categories along with exchange-traded funds and solution oriented schemes. The fund house endeavors to provide a good investment experience to its investors that would simplify their wealth creation journey.
3. HDFC Asset Management Company Limited
HDFC Mutual Fund was established in 1999 as a joint venture between the Housing Development Finance Corporation Limited (HDFC) and Standard Life Investments Limited (SLI). The fund house has become one of Indias largest and most profitable mutual fund managers with the help of simple and accessible investment products, systematic transactions, highly stable management and a diverse distribution network. It offers a comprehensive suit of mutual fund schemes across equity, debt and hybrid categories along with fund of fund schemes and exchange-traded funds. The fund house endeavors to provide investors with profitable investment opportunities, without the need to worry about market volatility.
4. Aditya Birla Sun Life AMC Ltd.
Aditya Birla Sun Life Mutual Fund was established in 1994 as a joint venture between the Aditya Birla Group, and the Sun Life Financial Inc. of Canada. Since then, it has grown to become one of the major AMCs in India. An impressive blend of wide reach, smart product offerings and consistent investment performance has helped the fund house to generate large number of investor folios. The fund house offers a broad range of mutual fund schemes across equity, debt and balanced categories along with fund of fund schemes and offshore funds. User-friendly services, simplified and digital mutual fund processes are some of its efforts to deepen its reach in the country.
5. Kotak Mahindra Asset Management Co Ltd.
Kotak Mahindra Mutual Fund was established in 1998 to offer mutual funds that cater to investors who have varying risk-return profiles. Since its inception, it has grown to become one of the leading AMCs in India. An impressive range of investment products across asset classes has helped the fund house to generate large number of investor folios. It offers a wide range of mutual fund schemes across equity, debt and hybrid categories along with fund of fund schemes and exchange-traded funds. The fund house endeavors to deliver a consistent performance over the benchmark across all its products to create customer satisfaction. It aspires to be a responsible player in the Indian mutual fund space.
6. Nippon Life India Asset Management Ltd.
Nippon India Mutual Fund (formerly known as Reliance Capital Mutual Fund) was established in 1995 to launch various mutual fund schemes that would enable investors to make investments in diversified securities. It is one of the fastest growing and one of the major AMCs in India in terms of AuM (Asset under Management). The fund house offers a broad range of mutual fund schemes across equity, debt and balanced categories along with retirement funds and exchange-traded funds. It aspires to be a globally respected wealth creator with an emphasis on customer care and a culture of good corporate governance. Innovative product offerings and customer service initiatives are some of its efforts to deliver value to investors.
7. Axis Asset Management Company Limited
Axis Mutual Fund was established, and launched its very first scheme, in October 2009. Since its inception, the asset management company has registered strong growth backed by 3 founding principles of Long Term Wealth Creation, Outside in View, and Long Term Relationship. With a strong emphasis on risk management and planning, Axis Mutual Fund delivers quality financial and investment solutions which have been a driving force in helping the fund house amass a large number of investor folios. Its smart products include a broad range of mutual fund schemes spanning equity, debt and hybrid categories, along with fund of fund schemes and special situation funds. Customer-focused service, a simplified digital investing process and the best of fund offerings have helped Axis Mutual Fund penetrate its reach deeper into the country.
8. UTI Asset Management Company Ltd.
UTI Mutual Fund was established in 2003 to provide wealth creation opportunities to investors by means of investment in the capital market. The fund house has since become one of the leading AMCs in India with the help of industry-led best practices, long-term vision and a resilient business model. It offers a broad range of investment solutions including domestic mutual funds, Portfolio Management Services, International Business, Retirement Solutions, Venture Funds and Alternative Investment Funds. The fund house aspires to be the most preferred mutual fund while continuing to deliver best-in-class services with a focus on nation building.
9. IDFC Asset Management Company Limited
One of the largest Mutual Fund houses in the country in terms of Asset Under Management (AUM), IDFC Mutual Fund was established in 2000. It was set up with the sponsorship of the Government of India (GOI) with a major portion of its shares held by the GOI, the Government of Singapore, AIG, the International Finance Corporation and JP Morgan, Citigroup, Morgan Stanley and Goldman Sachs, etc. Headquartered in Mumbai, the AMC has grown into a robust network delivering consistent value to its customers since its inception. With a strong research wing, the fund house offers a diverse range of mutual fund schemes across equity, debt and hybrid categories that includes funds for wealth creation and tax saving.
10. DSP Investment Managers Private Limited
DSP Mutual Fund (formerly known as DSP BlackRock Mutual Fund) was established in 1996 as a joint venture between the DSP Merrill Lynch Ltd., and the Merrill Lynch Investment Managers. Since its inception, the fund house has grown to become one of the premier AMCs in India. It offers a broad range of mutual fund schemes across equity, debt and hybrid categories along with international fund of funds, exchange-traded funds and close-ended funds. The commitment of the fund house to put the clients interests first and its focus to deliver high performance has helped the fund house to generate large number of investor folios.