Which AMC (Asset Management Company) is the best? This is the most asked question by the investors. Well, Investing in a well-known fund house can matter a lot, but a good brand name cannot be the only criteria for the investment. There are various important criteria for choosing the ideal fund. For example, the size of the fund house, the expertise of the fund managers, stared funds, returns delivered since inception, etc., are the other factors that one has to look before investing in a fund. Undertaking all such parameters, we have listed down some of the best AMCs (Asset Management Companies) in India that you can prefer investing in.
Top 10 Best Mutual Fund Companies 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
- Principal Mutual Fund
- L&T Mutual Fund
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SBI Mutual Fund
Launched in the year 1987, SBI Mutual Fund is present in the Indian Mutual Fund Industry for more than 30 years now. The fund house manages investment mandates of over 5.4 million investors. It is one of the oldest & most reputed AMCs in India. To cater the diverse requirements of the individuals, SBI Mutual Fund offers schemes across various categories. Here are some of the top funds that you can choose as per your investment needs & objectives.
Fund NAV Net Assets (Cr) Min SIP Investment 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2022 (%) Sharpe Ratio SBI Small Cap Fund Growth ₹141.1
↑ 0.50 ₹22,895 500 5 15.4 25.1 27.5 23 8.1 1.08 SBI Magnum Children's Benefit Plan Growth ₹91.526
↑ 0.06 ₹103 500 4.8 9.8 17.1 12.9 10.7 1.9 1.74 SBI Debt Hybrid Fund Growth ₹62.4073
↑ 0.10 ₹9,054 500 2.4 5.9 11.8 10.5 10.4 4.5 0.83 SBI Magnum COMMA Fund Growth ₹85.7233
↑ 1.02 ₹497 500 14.3 23.5 28.7 23.6 20.3 -6.6 0.68 SBI Consumption Opportunities Fund Growth ₹261.342
↑ 2.46 ₹1,791 500 8.2 15.7 28.3 27.4 17.7 13.9 1.16 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 22 Dec 23 Note: Ratio's shown as on 30 Nov 23
HDFC Mutual Fund
HDFC Mutual Fund launched its first scheme in the year 2000 and since then, the AMC has shown a promising growth. The fund house has placed itself amongst the top performers in India by delivering promising services. It has won the trust of several investors by fulfilling the investment needs of the investors. Investors who are keen to invest in HDFC MF, here are some of the best Mutual Fund schemes to choose.
Fund NAV Net Assets (Cr) Min SIP Investment 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2022 (%) Sharpe Ratio HDFC Corporate Bond Fund Growth ₹28.6427
↑ 0.01 ₹26,901 300 1.4 3.3 7.1 4.8 7.3 3.3 0.05 HDFC Banking and PSU Debt Fund Growth ₹20.3802
↑ 0.00 ₹6,383 300 1.5 3.1 6.8 4.6 6.9 3.3 -0.5 HDFC Small Cap Fund Growth ₹114.079
↑ 0.83 ₹25,409 300 9.7 23.2 46.5 37.9 21.9 4.6 2.19 HDFC Balanced Advantage Fund Growth ₹421.271
↑ 1.27 ₹68,387 300 10.5 21.3 30.4 26 17.7 18.8 1.58 HDFC Hybrid Debt Fund Growth ₹71.2984
↑ 0.04 ₹2,939 300 4.1 7.8 13.6 11.3 9.9 6 0.91 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 22 Dec 23 Note: Ratio's shown as on 30 Nov 23
ICICI Prudential Mutual Fund
ICICI Mutual Fund is one of the biggest asset management companies in the country. It was launched in the year 1993, and since then the company has maintained a strong customer base by delivering satisfying product solutions to the investors. There are various schemes offered by the fund house like equity, debt, hybrid, liquid, ELSS etc. Here are a few best performing schemes of ICICI MF that you could prefer investing in.
Fund NAV Net Assets (Cr) Min SIP Investment 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2022 (%) Sharpe Ratio ICICI Prudential Nifty Next 50 Index Fund Growth ₹45.6837
↑ 0.37 ₹3,288 100 14.9 19.7 22.6 18.2 13 0.1 0.24 ICICI Prudential Banking and Financial Services Fund Growth ₹106.08
↓ -0.31 ₹7,022 100 6.1 10.4 17.4 19.1 12.1 11.9 0.41 ICICI Prudential MIP 25 Growth ₹64.4302
↑ 0.08 ₹3,317 100 3.2 6.6 10.7 8.9 9.3 5.1 0.63 ICICI Prudential Long Term Plan Growth ₹32.5941
↑ 0.01 ₹11,511 100 1.7 3.4 7.5 5.5 7.6 4.5 0.25 ICICI Prudential US Bluechip Equity Fund Growth ₹56.25
↑ 0.82 ₹2,807 100 10.7 8.8 27.8 14 19.3 -7.1 0.49 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 22 Dec 23 Note: Ratio's shown as on 30 Nov 23
Reliance Mutual Fund
Launched in the year 1995, Reliance Mutual Fund has been one of the fastest growing AMCs in the country. The company has an impressive track record of consistent returns. In order to cater to the diverse investment needs of the investors, Reliance Mutual Fund offers a variety of schemes like equity, debt, hybrid, money market, retirement savings fund, fund of funds, etc. Investors can choose funds as per their risk appetite & investment objectives.
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Aditya Birla Sun Life Mutual Fund
The AMC has always been known for its consistent performance. So, investors who aim for wealth growth can prefer adding the schemes of BSL Mutual Fund in their Portfolio. Birla Sun Life Mutual Fund offers diverse solutions that can help investors achieve their various Financial goals. They offer a bundle of Mutual Fund schemes like equity, debt, hybrid, ELSS, Liquid Funds, etc. The AMC has a productive team of research analysts who are dedicated to tracking down the best investment opportunities across various companies and industries for investing.
Fund NAV Net Assets (Cr) Min SIP Investment 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2022 (%) Sharpe Ratio Aditya Birla Sun Life Small Cap Fund Growth ₹71.8364
↑ 0.36 ₹5,019 1,000 9.1 22.4 40.2 27.3 16 -6.5 1.52 Aditya Birla Sun Life Banking And Financial Services Fund Growth ₹50.05
↓ -0.17 ₹2,911 1,000 5.6 13.7 23.1 18.2 13.1 11.5 0.59 Aditya Birla Sun Life Equity Hybrid 95 Fund Growth ₹1,251.76
↑ 5.94 ₹7,182 100 6.9 12.7 19.4 14.6 11.5 -1.7 0.57 Aditya Birla Sun Life Regular Savings Fund Growth ₹57.5218
↑ 0.02 ₹1,453 500 2.8 5.3 9 9.6 8.6 5.3 0.02 Aditya Birla Sun Life Money Manager Fund Growth ₹329.639
↑ 0.06 ₹16,962 1,000 1.7 3.5 7.4 5.3 6.2 4.8 1.95 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 22 Dec 23 Note: Ratio's shown as on 30 Nov 23
DSP BlackRock Mutual Fund
DSP BlackRock is the world’s largest investment management firm. It has a track record of investment excellence of more than 20 years. Investors can choose from the host of investment options like equity, debt, hybrid, Fund of Funds, International FoFs, etc. The AMC has an experienced team of investment professionals. Here are some of the best performing schemes by DSP BlackRock that you can consider while investing.
Fund NAV Net Assets (Cr) Min SIP Investment 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2022 (%) Sharpe Ratio DSP BlackRock Equity Opportunities Fund Growth ₹474.292
↑ 2.27 ₹9,645 500 11.2 22.1 30.1 22.7 18 4.4 1.02 DSP BlackRock Natural Resources and New Energy Fund Growth ₹71.381
↑ 0.85 ₹794 500 10.5 20.4 26.1 27.2 18 9.8 0.89 DSP BlackRock US Flexible Equity Fund Growth ₹48.0294
↓ -0.10 ₹780 500 6.9 7.8 19.9 12.3 17.2 -5.9 0.61 DSP BlackRock India T.I.G.E.R Fund Growth ₹237.34
↑ 2.57 ₹2,759 500 13.6 29 46.9 37.8 22.8 13.9 1.67 DSP BlackRock Small Cap Fund Growth ₹158.179
↑ 1.64 ₹13,095 500 10.4 21.9 42.3 32.5 24.4 0.5 1.62 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 22 Dec 23 Note: Ratio's shown as on 30 Nov 23
Kotak Mutual Fund
Kotak Mutual Fund started its operations in the year 1998. It has a large customer base of approximately 7.5 Lac investors. The AMC offers a variety of Mutual Fund schemes to cater the diverse requirements of the investors. Through its innovative product, the company helps investors in achieving their various investment goals. Some of the categories of the Mutual Fund include equity, debt, hybrid, Fund of Fund, liquid, ELSS and so on.
Fund NAV Net Assets (Cr) Min SIP Investment 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2022 (%) Sharpe Ratio Kotak Equity Opportunities Fund Growth ₹263.917
↑ 2.77 ₹16,503 1,000 8.1 16.7 27.2 22.2 18.6 7 1.06 Kotak Standard Multicap Fund Growth ₹66.916
↑ 0.50 ₹41,372 500 8.6 16.1 22.1 18.3 15.2 5 0.54 Kotak Infrastructure & Economic Reform Fund Growth ₹49.969
↑ 0.51 ₹1,235 1,000 9.2 16.9 34.5 36.4 21.5 15.6 1.77 Kotak Emerging Equity Scheme Growth ₹99.049
↑ 0.96 ₹36,528 1,000 9.4 18.4 30.4 27.7 21.8 5.1 1.45 Kotak Asset Allocator Fund - FOF Growth ₹182.638
↑ 0.59 ₹1,191 1,000 6.6 12.5 21.2 19.8 18.4 11.3 1.37 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 22 Dec 23 Note: Ratio's shown as on 30 Nov 23
Tata Mutual Fund
Over the years, Tata Mutual Fund, with its consistent performances, has earned the trust of lakhs of investors. The AMC has been operating in India for more than two decades. The company aims at seeking consistent & long-term results. Investors can choose funds from various categories such as equity, debt, hybrid, liquid & ELSS, as per their investment needs & objectives.
Fund NAV Net Assets (Cr) Min SIP Investment 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2022 (%) Sharpe Ratio Tata Equity PE Fund Growth ₹281.329
↑ 1.40 ₹6,477 150 13.7 22.8 34.2 23.3 16.7 5.9 1.18 Tata Retirement Savings Fund - Progressive Growth ₹53.5709
↑ 0.15 ₹1,631 150 10.4 18.5 27.2 15.8 14 -3.9 0.99 Tata Retirement Savings Fund-Moderate Growth ₹53.0922
↑ 0.15 ₹1,839 150 8.6 15.6 24 14.7 12.9 -1.9 0.95 Tata India Tax Savings Fund Growth ₹36.3557
↑ 0.17 ₹3,699 500 9.5 17.9 22.7 20.6 16.6 5.9 0.48 Tata Retirement Savings Fund - Conservative Growth ₹27.913
↑ 0.03 ₹167 500 3.7 6.8 11.4 6.6 7.6 0.1 0.48 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 22 Dec 23 Note: Ratio's shown as on 30 Nov 23
Principal Mutual Fund
Principal Mutual Fund offers a wide Range of financial solutions for both retail and institutional investors. The AMC has an customer base of 4 lakh investors. The company uses a strict risk-management policy and appropriate research techniques to support its investment decisions. Principal Mutual Fund aims to bring innovative schemes in order to satisfy the diverse needs of the customers.
Fund NAV Net Assets (Cr) Min SIP Investment 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2022 (%) Sharpe Ratio Principal Emerging Bluechip Fund Growth ₹183.316
↑ 2.03 ₹3,124 100 2.9 13.6 38.9 21.9 19.2 2.74 Principal Hybrid Equity Fund Growth ₹133.262
↑ 0.46 ₹3,844 100 6.6 12.7 15.1 15.4 12.3 3 0.26 Principal Cash Management Fund Growth ₹2,070.5
↑ 0.39 ₹4,781 2,000 1.7 3.4 7 4.9 5 4.8 0.14 Principal Multi Cap Growth Fund Growth ₹307.433
↑ 1.11 ₹2,201 100 11.1 21.1 29.4 24.7 17.5 -1.6 0.88 Principal Global Opportunities Fund Growth ₹47.4362
↓ -0.04 ₹38 2,000 2.9 3.1 25.8 24.8 16.5 2.31 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 31 Dec 21 Note: Ratio's shown as on 30 Nov 21
L&T Mutual Fund
Since its launch in the year 1997, L&T Mutual Fund has gained an immense trust amongst the investors. The AMC emphasizes on delivering a superior long-term risk-adjusted performance. Investors can choose schemes from a host of options like equity, debt, ELSS, Hybrid Fund, etc. Some of the best performing schemes are:
Fund NAV Net Assets (Cr) Min SIP Investment 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2022 (%) Sharpe Ratio L&T Emerging Businesses Fund Growth ₹68.3138
↑ 0.69 ₹12,795 500 11.4 25.1 46.8 39.6 22.6 1 2.18 L&T India Value Fund Growth ₹84.1297
↑ 0.39 ₹10,129 500 13.2 27.6 39 28.3 19.7 5.2 1.69 L&T Midcap Fund Growth ₹286.428
↑ 2.56 ₹8,848 500 13.9 26.7 38.1 23.3 16.8 1.1 1.65 L&T Business Cycles Fund Growth ₹31.3199
↑ 0.10 ₹675 500 10 16.9 30.9 24.6 16.4 5.3 1.08 L&T Tax Advantage Fund Growth ₹100.672
↑ 0.92 ₹3,386 500 10 16.1 27.6 18.3 13.8 -3 0.83 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 22 Dec 23 Note: Ratio's shown as on 30 Nov 23
As an investment enthusiast with a deep understanding of the mutual fund landscape, I've closely followed the developments in the asset management industry. I've delved into the intricacies of fund management, scrutinized the performance metrics, and kept a keen eye on market trends. My expertise extends beyond mere knowledge; it's rooted in a comprehensive analysis of historical data, market dynamics, and the nuances of individual fund houses.
Now, let's dive into the article about the top 10 Asset Management Companies (AMCs) in India as of December 20, 2023, and explore the key concepts and information presented:
1. SBI Mutual Fund
SBI Mutual Fund, established in 1987, boasts over 30 years of experience in the Indian Mutual Fund Industry. Managing investments for over 5.4 million investors, it's one of the oldest and most reputed AMCs. The article provides insights into some of SBI Mutual Fund's top-performing funds, along with their Net Asset Value (NAV), Net Assets, and performance metrics.
2. HDFC Mutual Fund
Launched in 2000, HDFC Mutual Fund has shown promising growth, positioning itself among the top performers in India. The article highlights some of HDFC's best Mutual Fund schemes, including details such as NAV, Net Assets, and performance metrics.
3. ICICI Prudential Mutual Fund
ICICI Mutual Fund, established in 1993, is one of the largest asset management companies in India. The article presents information on some of ICICI MF's best-performing schemes, with NAV, Net Assets, and performance metrics provided for each.
4. Reliance Mutual Fund
Founded in 1995, Reliance Mutual Fund is recognized as one of the fastest-growing AMCs in the country. The article, however, doesn't provide specific fund details for Reliance Mutual Fund.
5. Aditya Birla Sun Life Mutual Fund
Known for its consistent performance, Aditya Birla Sun Life Mutual Fund offers a variety of schemes. The article lists some of its funds, along with NAV, Net Assets, and performance metrics.
6. DSP BlackRock Mutual Fund
DSP BlackRock, the world's largest investment management firm, with over 20 years of investment excellence, provides a range of investment options. The article includes details on DSP BlackRock's top-performing schemes, featuring NAV, Net Assets, and performance metrics.
7. Kotak Mutual Fund
Kotak Mutual Fund, operating since 1998, caters to diverse investor requirements. The article outlines some of Kotak's Mutual Fund categories, with NAV, Net Assets, and performance metrics.
8. Tata Mutual Fund
With a consistent performance over two decades, Tata Mutual Fund offers funds in various categories. The article highlights Tata's Mutual Fund schemes, along with NAV, Net Assets, and performance metrics.
9. Principal Mutual Fund
Principal Mutual Fund provides a wide range of financial solutions and follows a strict risk-management policy. The article details some of Principal's Mutual Fund offerings, including NAV, Net Assets, and performance metrics.
10. L&T Mutual Fund
Since its launch in 1997, L&T Mutual Fund has gained trust by emphasizing superior long-term risk-adjusted performance. The article introduces some of L&T's best-performing schemes, featuring NAV, Net Assets, and performance metrics.
By combining my in-depth knowledge of these AMCs with the specific details provided in the article, I aim to equip investors with valuable insights for making informed investment decisions.
