Table of Contents
What is AMC and its functions?
An asset management company (AMC) invests pooled funds from clients into a variety of securities and assets. A fund house decides when, where and how to invest this money. Its decisions will be in line with their stated investment goals.
What are assets under management?
Assets under management (AUM), also called funds under management, is the total market value of the securities. a financial institution (such as a bank, mutual fund, or hedge fund) owns or manages on behalf of its clients.
What are the types of mutual fund?
Let’s take a look at the various types of equity and debt mutual funds available in India:
- Equity or growth schemes. These are one of the most popular mutual fund schemes.
- Money market funds or liquid funds:
- Fixed income or debt mutual funds:
- Balanced funds:
- Hybrid / Monthly Income Plans (MIP):
- Gilt funds:
What is the difference between assets under management and assets under administration?
Assets under administration (AUA) is a measure of the total assets for which a financial institution provides administrative services and charges a fee for doing so. AUA differs from assets under management (AUM) in that the service provider does not have discretion over asset allocation decisions.
How many locations does AMC have?
Number of movie theaters operated by AMC Theatres worldwide from 2013 to 2020
| Characteristic | Number of theaters |
|---|---|
| 2020 | 959 |
| 2019 | 1,004 |
| 2018 | 1,006 |
| 2017 | 1,014 |
What are AMC in India?
Top Asset Management Companies
| AMC Name | Schemes | AUM |
|---|---|---|
| Invesco Asset Management (India) Private Ltd | 52 | ₹ 47,182 Cr |
| Kotak Mahindra Asset Management Co Ltd | 115 | ₹ 2,78,917 Cr |
| HDFC Asset Management Company Limited | 134 | ₹ 4,74,681 Cr |
| Axis Asset Management Company Limited | 69 | ₹ 2,54,562 Cr |
Which is largest AMC in India?
With an Average AUM of Rs 4.47 lakh crore, ICICI Prudential Mutual Fund is the second largest AMC in India….Invest in direct mutual funds.
| AMC | Average AUM (July-September, 2021) (in Rs) |
|---|---|
| Nippon India Mutual Fund | 2.65 lakh crore |
| Axis Mutual Fund | 2.38 lakh crore |
What is an ‘asset management company’ – AMC?
What is an ‘Asset Management Company – AMC’. An asset management company (AMC) is a company that invests its clients’ pooled funds into securities that match declared financial objectives.
What are the different types of asset management companies?
Asset management companies come in many different forms and structures, such as: Index Funds Index funds are mutual funds or exchange-traded funds (ETFs) that are designed to track the performance of a market index. Currently available index funds track different market indices, including the S&P 500, Russell 2000, and FTSE 100.
What is assets under management?
Assets under management (AUM) is the total market value of the investments that a person (portfolio manager) or entity (investment company, financial institution) handles on behalf of investors.
What is the difference between hedge funds and asset management companies?
Hedge funds are notorious for charging much higher fees, sometimes upwards of 20\%. However, hedge funds utilize more unorthodox and aggressive investment strategies to generate returns. Asset management companies are referred to as “buy-side” firms. It means that they help clients to buy investments.