India is the modern hub for ever-growing businesses, and especially a major country where almost every company is going public. However, it is never easy to invest in the companies that go public directly because of the associated risks. Still, there is no holding you back when you have the choice to invest in them through mutual funds. How do you gain access to mutual funds, though?
The most popular way would be through an AMC or an asset management company. While we speak about asset management companies, it would be best if you know the top ten best performing AMCs in India at the moment. So read on, let’s find out.
The Top Ten Asset Management Companies (AMCs) in India
Keep reading to know the details of the best mutual fund companies in India out here:
- Aditya Birla Sun Life Asset Management
Aditya Birla Sun Life AMC Limited was set up in 1994, 30 years ago, and it is one of the most sought-after AMC for mutual fund investors. This company is known to promote massive mutual fund investments. It is also registered under the Indian Trusts Act, with operations in different strategies that include Portfolio Management Services, Real Estate Investments and Alternative Investment Funds. Today, the company is present in more than 300 locations and has over Rs. 3,676 billion AUM in 2024.
- ICICI Prudential Mutual Fund
ICICI Prudential Asset Management Company Ltd is another leading AMC in the country, and it is concentrated on bridging the gap between savings and investments for people. It aims to create long-term wealth opportunities through a range of simple and relevant investment options in mutual funds and more.
- Groww Mutual Fund
Groww Mutual Fund is one of the leading fund houses in India, and it is famously known for its innovative solutions in online trading and investment in mutual funds. This company specifically holds expertise in offering a broad range of financial products that can be custom-made to cater to the different needs and aspirations of investors. Groww has the philosophy to build pillars of simplicity, transparency, consistent wealth creation, and customer-centricity.
- Franklin Templeton Investments
Franklin Templeton has been on the investment spectrum for almost 70 years and holds expertise in global investments. The company has expanded to over 80 locations worldwide, and it is guided by long-term value creation. This company also offers investors the ability to customize their investments to personal preferences.
- HDFC Mutual Fund
HDFC Mutual Fund aims at being the wealth creator for Indian investors. They follow an investment philosophy for equity-oriented investments according to the conviction that over time the stock price would mirror their intrinsic values. These investments are led by fundamental research with a medium to long term view. Further, they hold the objective to form wealth over a period of time.
- Mirae Asset Management Company
Mirae Assets is a diverse asset management company that offers innovative solutions across the globe to assist clients get their goals in line rapidly. They hold the motive of unwavering principles and philosophies. They also offer open communication with investors to help them stay ahead of the competition while making sure that they keep their faith bestowed.
- DSP Mutual Fund
DSP Mutual Fund has been in the mutual fund picture for about 30 years, and it helps the salaried, the NRIs, small business owners, medium business owners, corporations, trusts and more grow their wealth through guidance to invest better. At the moment the company holds a proud and diverse set of underlying investors, and DSP gives them professionally managed investment options.
- Edelweiss Asset Management
Edelweiss Asset Management offers investors with domestic mutual funds, passive funds, and international mutual funds. This company uses an investment philosophy known as FAIR. This stands for forensic, acceptable prices, investment style agnostic, robustness. These factors help investors gain trust in the company, making them their selected choice for investments in mutual funds.
- SBI Mutual Fund Management
SBI Mutual Fund Management is a renowned AMC known for their curated selection of funds and plans for investors. They also come with a wide range of tools to assist investors with their investments. The company lets you avail the most updated and recent NAV of mutual fund schemes, give investors a starter kit and also mail investment statements to their email.
- UTI Asset Management Co
UTI AMC is known to be one of the largest asset managers in India, and it has a total of Rs. 15.5 lakh crore investments at the moment. This company is professionally managed like all others, but it is led by a board of directors who hold expertise and experience in the investment spectrum. The company holds the belief that it needs to operate its business in compliance with the environment.
There are plenty of other AMCs out there offering you a broad range of investment choices. Make sure you cross-check their AMC well before you start your investments and also make sure you compare their management costs and other fees before registering with them and kick-starting your investment journey. We hope this is what you were looking for in this post.
Conclusion
These are just some of the long list of AMCs that are performing well in today’s Indian market. AMCs are coming up almost every year in the country, widening the accessibility for investors to invest in ever-growing mutual funds and providing more wealth-creation opportunities.
