Table of Contents
How many mutual funds AMC in India?
44 asset management companies
There are 44 asset management companies (AMCs) or mutual fund houses operating in India. These companies manage the investments of investors to fetch them optimal returns. Below we have provided a list of mutual fund houses in India: Axis Asset Management Company Ltd.
Is NAV same as AUM?
NAV shows what price shares in a fund can be bought and sold at. AUM by contrast refers to the value of assets managed by an individual or firm, not a fund. Unlike NAV, AUM is in reference to the total value of assets being managed rather than expressed on a per-share basis.
What is the biggest fund in the world?
1. Government Pension Fund Global – $1.3 Trillion (Norway)
| Asset Class | \% of Total Assets | Number of Securities |
|---|---|---|
| Public Equities | 72.8\% | 9,123 companies |
| Fixed income | 24.7\% | 1,245 bonds |
| Real estate | 2.5\% | 867 properties |
Which is the top AMC in India with the largest Aum?
The following are the top Indian AMCs with the largest Assets Under Management (AUM) as of March 2020. 1. SBI Mutual Fund 2. HDFC Asset Management Company 3. ICICI Prudential Asset Management Company 4. Birla Sun Life Mutual Fund (BSLMF)
Which is the largest mutual fund company in India?
HDFC Mutual Fund. HDFC Mutual Fund is at the 2 nd number by the size of AUM. With fund size of nearly ₹ 3 lakh crore, it is one of the largest mutual fund companies or AMC in the country. HDFC Asset Management Company (AMC) was incorporated in 1999. It was approved to act as AMC for HDFC Mutual Fund in 2000.
What is AMC in India?
10 Biggest AMCs in India – Asset Management Companies List 2020! List of the Biggest AMCs in India 2020: An Asset Management Company (AMC) manages a pool of funds collected from investors.
What is an AMC in mutual funds?
An asset management company (AMC) is a financial services company that offers a wide range of mutual fund schemes for investment. The money invested in these schemes is typically received from the clients of the particular AMC and is subsequently invested in securities that are in line with the financial objective of the AMC.