Which is the largest mutual fund in India?

Which is the largest mutual fund in India?

Nippon AMC was earlier known as Reliance Mutual Fund. The name was changed on September 28. 2019. Nippon India Mutual Fund became the largest foreign-owned AMC in India, wherein Japan’s Nippon Life Insurance currently holds a 75\% stake….Top 10 Mutual Fund Houses in India.

No of Funds Quarterly Average Asset Under Management (AUM)
143 578162.69

Is Nippon India Small Cap fund good?

With respect to Nippon Small Cap fund, it comes in the top five performing schemes in the small cap category with an approximate return of 23\% CAGR in the last five years and it has also outperformed the category average and its benchmark in the last 3, 5 & 7 years.

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How does HDFC AMC perform better than other equity funds?

In terms of asset mix, HDFC AMC stands out far better than the industry, which has 42 percent of total AUM in equity assets as at June-end. Thanks to better asset mix, Q1 saw 21 percent revenue growth, almost keeping in pace with AUM growth.

Is HDFC AMC a long-term compounder?

Given HDFC AMC’s best-in-class return ratios with return on equity (RoE) above 40 percent and future growth levers, premium valuations will sustain and expect the stock to be a long term compounder.

How did HDFC AMC perform in Q1 FY19?

HDFC Asset Management (HDFC AMC), the second largest asset management company (AMC) in India, reported a strong Q1 FY19 earnings, with net profit rising 25 percent year-on year on the back of increase in assets under management (AUM) and better asset class mix.

Which AMC has the highest number of individual customers?

HDFC AMC continues to enjoy the highest share of individual customers. The AMC added 1.88 million individual accounts in the past one year, taking total live individual accounts to 8.4 million as at June-end. As a result, 62.4 percent of the AMCs total monthly average AUM is contributed by individuals compared to 52 percent for the industry.

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