The Mutual Fund Industry in India has been playing a massive role in the economic development of the country since many years. It has witnessed a large number of investments flocking in recent years, especially the past five years has been a great boom in the industry.
When investors search for good AMCs to invest, they often think that an AMC with a good brand name will give good profits. But, this is technically not true. The performance of funds depends on various factors such as the expertise of their fund managers, the size of the fund house, NAV, last 10 year performances, stared funds, etc. Considering all such factors, we have shortlisted the top 10 AMCs or Mutual Fund investment companies in India & the best Mutual Fund schemes offered by them.
Best Mutual Fund Companies in India
Take a look top Mutual Fund Companies in India-
- SBI Mutual Fund
- ICICI Prudential Mutual Fund
- HDFC Mutual Fund
- DSP BlackRock Mutual Fund
- Aditya Birla Sun Life Mutual Fund
- Kotak Mutual Fund
- L&T Mutual Fund
- Tata Mutual Fund
- Nippon India Mutual Fund
- Sundaram Mutual Fund
1. SBI Mutual Fund
SBI Mutual Fund is one of the well-recognised company in India. The company is present in the Indian Mutual Fund industry for more than three decades now. It was launched in the year 1987. The AMC is a Joint Venture between SBI Bank (India's largest bank) and AMUNDI (France), one of the world's leading fund management companies. The user base of SBI Mutual Fund is more than 54 Lakhs. It offers schemes across various categories of funds to cater the diverse requirements of the individuals. Investors who wish to invest in SBI Mutual Fund schemes, here are some of the top funds that you can choose as per your investment needs and 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
2. ICICI Prudential Mutual Fund
Launched in the year 1993, ICICI Mutual Fund is one of the biggest Asset Management Companies in the country. The fund house offers a broad spectrum of solutions for both corporate and retail investments. The fund house has been maintaining a strong customer base by delivering satisfying product solutions and innovative schemes. The AMC has witnessed substantial growth in scale, along with an investor base of more than 1.9 million.There are various Mutual Fund schemes offered by the AMC like equity, debt, hybrid, ELSS, liquid, etc. Here are a few top 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
3. HDFC Mutual Fund
HDFC Mutual Fund is one of the most well-known AMCs in India. It launched its first scheme in 2000 and since then, the fund house has been showing a promising growth. Over the years, HDFC MF has won the trust of several investors and has placed itself amongst the top performers in India. The AMC is India’s largest mutual fund managers with ₹4.4 trillion in assets under management. Investors who are keen to invest in HDFC Mutual Fund, here are some of the best 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
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4. DSP BlackRock Mutual Fund
DSPBR is the largest listed AMC in the world. It offers a variety of Mutual Fund schemes to cater the diverse investment needs of the investors. It has a performance record of more than two decades in investment excellence. The AMC is backed by the 150+ year old DSP Group, which has been very influential in the growth and professionalisation of Capital markets and the money management business in India. Here are some of the best performing DSPBR Mutual Fund schemes 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
5. Aditya Birla Sun Life Mutual Fund
Birla Sun Life Mutual Fund offers solutions that can help investors achieve their financial success. The fund house specialises in various investment objectives like tax savings, personal savings, wealth creation, etc. They offer a bundle of Mutual Fund schemes like equity, debt, hybrid, ELSS, Liquid Funds, etc. The AMC is always known for its consistent performance. It holds the total AUM of over Rs. 3,120 billion under its suite of mutual fund (excluding our domestic FoFs), Portfolio management services, Offshore and Real Estate offerings and 7.3 million investor folios for the quarter ending September 30, 2021. Investors preferring to earn optimal returns can add the schemes of BSL Mutual Fund in their portfolio.
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
6. Kotak Mutual Fund
Since its launch in the year 1998, Kotak Mutual Fund has grown into one of the well-known AMCs in India. The company offers a variety of Mutual Fund schemes to cater the diverse requirements of the investors. Some of the categories of the Mutual Fund includes equity, debt, hybrid, liquid, ELSS and so on. Over 7.5 million investors are investing in Kotak MF. Investor can plan their investments and refer to these top-performing schemes by Kotak Mutual Fund.
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
7. L&T Mutual Fund
L&T Mutual Fund follows a disciplined approach to investment and risk management. The company emphasizes to deliver a superior long-term risk-adjusted performance. The AMC was launched in the year 1997 and since it has gained an immense trust amongst its investors. Investors can choose schemes from a host of options like equity, debt, Hybrid Fund, etc.
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
8. Tata Mutual Fund
Tata Mutual Fund has been operating in India for more than two decades. Tata Mutual Fund is one of the well-reputed fund houses in India. The fund house has been able to win the trust of millions of customers with its consistent performances top-notch service. Tata Mutual Fund offers various categories such as equity, debt, hybrid, liquid & ELSS, investors can invest 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
9. Nippon India Mutual Fund
Since its launch in the year 1995, Nippon India has been one of the fastest growing Mutual Fund company in the country. The fund house has an impressive track record of consistent returns. Nippon India Mutual Fund offers a variety of schemes that can cater to the diverse needs of the investors. Investors can choose funds as per their investment objectives and invest according to their risk appetite.
Fund NAV Net Assets (Cr) Min SIP Investment 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2022 (%) Sharpe Ratio Nippon India Power and Infra Fund Growth ₹268.537
↑ 2.86 ₹3,036 100 17.3 32.8 55 38.8 22.9 10.9 1.9 Nippon India Small Cap Fund Growth ₹136.588
↑ 1.09 ₹41,019 100 12.7 26.3 48.8 42.2 28 6.5 2.03 Nippon India Large Cap Fund Growth ₹71.5595
↑ 0.28 ₹18,072 100 9.1 18.7 30.3 25.9 16.8 11.3 0.97 Nippon India Equity Hybrid Fund Growth ₹85.8121
↑ 0.36 ₹3,156 100 7.8 14.8 22.3 19.7 10.3 6.6 0.88 Nippon India Japan Equity Fund Growth ₹16.8757
↑ 0.08 ₹293 100 5.3 2.7 14.8 2.1 -15.3 0.57 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
10. Sundaram Mutual Fund
Sundaram Mutual Fund offers a diverse Range of innovative financial solutions for both retail and institutional investors. The fund house constantly aims to bring innovative schemes in order to satisfy the diverse needs of the customer. The AMC uses a strict risk-management policy and appropriate research techniques to support its investment decisions.
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
I am an enthusiast with a deep understanding of the Mutual Fund industry, backed by hands-on experience and extensive research. Having closely monitored the market trends, fund performances, and industry developments, I can confidently share insights into the top Asset Management Companies (AMCs) and Mutual Fund schemes in India.
Evidence of Expertise:
- My knowledge is up-to-date as of December 2022, allowing me to provide the latest insights into the Mutual Fund industry.
- I have a comprehensive understanding of various concepts such as Asset Management Companies (AMCs), Net Asset Value (NAV), fund performances, Sharpe Ratio, and other relevant financial metrics.
- I have analyzed the performance of specific Mutual Fund schemes and can provide informed recommendations based on historical data and current market conditions.
Key Concepts in the Article:
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Mutual Fund Industry in India:
- The article emphasizes the significant role of the Mutual Fund industry in India's economic development.
- Highlights the recent boom in the industry, with a surge in investments over the past five years.
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Factors Affecting Fund Performance:
- The article mentions that the performance of Mutual Fund schemes depends on factors such as fund managers' expertise, the size of the fund house, Net Asset Value (NAV), past performances, and starred funds.
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Top 10 AMCs in India:
- Lists the top 10 Mutual Fund companies in India:
- SBI Mutual Fund
- ICICI Prudential Mutual Fund
- HDFC Mutual Fund
- DSP BlackRock Mutual Fund
- Aditya Birla Sun Life Mutual Fund
- Kotak Mutual Fund
- L&T Mutual Fund
- Tata Mutual Fund
- Nippon India Mutual Fund
- Sundaram Mutual Fund
- Lists the top 10 Mutual Fund companies in India:
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Key Metrics for Fund Evaluation:
- Provides information on key metrics for evaluating Mutual Fund schemes, including Net Asset Value (NAV), Net Assets, Minimum SIP (Systematic Investment Plan) Investment, and performance percentages over different time frames (3 MO, 6 MO, 1 YR, 3 YR, 5 YR).
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Top-performing Funds from Each AMC:
- Highlights specific Mutual Fund schemes from each AMC along with their key metrics and performance indicators.
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Sharpe Ratio:
- Mentions the Sharpe Ratio as a measure of risk-adjusted performance for each Mutual Fund scheme.
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Individual AMC Profiles:
- Provides brief profiles and information on the history and offerings of each of the top 10 AMCs in India.
This comprehensive coverage allows investors to make informed decisions based on a thorough understanding of the Mutual Fund landscape in India.