Which AMC Quora mutual fund is best?

Which AMC Quora mutual fund is best?

ICICI Prudential Mutual Fund is the largest AMC in India, it ranks first as per its AUM (Asset Under Management), While HDFC Mutual Fund rank 2nd after ICICI Prudential Mutual Fund. These two are the top most AMC.

Which AMC is best for mutual funds in India?

The top 10 AMCs in India are:

  • SBI Mutual Fund.
  • HDFC Mutual Fund.
  • ICICI Prudential Mutual Fund.
  • Reliance Mutual Fund.
  • Aditya Birla Sun Life Mutual Fund.
  • DSP BlackRock Mutual Fund.
  • Kotak Mutual Fund.
  • Tata Mutual Fund.

Which is the best mutual fund app?

Best Mutual Fund App in India – List of Top 10 Mutual Funds App for Direct SIP

Rank Mutual Fund Apps
1 Zerodha Coin App
2 Groww App
3 ET Money App
4 CAMS App
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Which is the best mutual fund to invest for 5 years?

Best SIP Plans for 5 And 3 Years in Equity Funds and Debt Funds

Fund Name 5 years Return 3 years Return
HDFC Balance Advantage Fund 15.50\% 16.60\%
ICICI Prudential Bluechip Fund 10.81\% 8.48\%
Kotak Standard Multicap Fund 13.24\% 11.14\%
Quant Infrastructure Fund 24.14\% 38.02\%

What should an investor look for when investing in AMC?

Fund Manager’s credibility- AMC work in parallel to its fund manager. The performance of the fund manager is now the performance of AMC then. Hence, an investor must look for past performance of the fund manager w.r.t managing the assets and funds.

What is asset management company (AMC)?

Asset management companies (or AMCs or fund houses) create mutual funds. All AMCs will have to be approved by the government body, Securities and Exchange Board of India (SEBI). All mutual funds have to be whetted by SEBI before it is open for the public to invest. What does investing in long duration mutual funds actually mean?

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Which are the top 10 long duration mutual funds in India?

Top 10 Long Duration Mutual Funds Fund Name 1Y Returns Rating Fund Size (in Cr) ICICI Prudential Technology Fund 107.5\% 5 star ₹ 4,084 Quant Tax Plan Fund 86.5\% 5 star ₹ 327 PGIM India Midcap Opportunities Fund 92.8\% 5 star ₹ 2,383 Quant Infrastructure Fund 108.0\% 5 star ₹ 49

What is the net worth of AMC in India?

The net worth of an AMC must be not less than Rs. 10 crores. e. Before making an investment in any of its schemes the company must disclose its intention to invest in the offer documents.