There are total 44 asset management companies in India as of today (February 2017). 35 of these AMCs are part of the private sector. All the asset management companies are part of Association of Mutual Funds in India (AMFI).
How many mutual funds AMC in India?
There are 44 asset management companies (AMCs) or mutual fund houses operating in India.
Which AMC is best for mutual funds 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.
How many focused equity funds can an AMC launch in India?
According to SEBI’s regulations, each asset management company (AMC) can have only one scheme under each category of mutual funds, such as large-cap funds, multi-cap funds, focused funds, etc.
How many mutual funds are available in India?
There are as many as 44 AMFI (Association of Mutual Funds in India) registered fund houses in India which together offer more than 2,500 mutual fund schemes. The wide array of funds often make it a little difficult for investors to choose the best scheme for them.
What is the largest mutual fund?
The 25 Largest Mutual Funds
| Rank | Symbol | Fund Name |
|---|---|---|
| 1 | VFIAX | Vanguard 500 Idx;Adm |
| 2 | SPY | SPDR S&P 500 ETF |
| 3 | FXAIX | Fidelity 500 Index Fund |
| 4 | VTSAX | Vanguard TSM Idx;Adm |
Which is the No 1 AMC in India?
ICICI Prudential Mutual Fund
With the AUM size of approximately ₹ 3 lakh crore, ICICI Prudential Asset Management Company Ltd. is the largest asset management company (AMC) in the country.
Which MF gives highest return?
Here is the list of top 10 schemes:
- Axis Bluechip Fund.
- Mirae Asset Large Cap Fund.
- Parag Parikh Long Term Equity Fund.
- Kotak Standard Multicap Fund.
- Axis Midcap Fund.
- DSP Midcap Fund.
- Axis Small Cap Fund.
- SBI Small Cap Fund.
What are the top 5 mutual funds?
Top 5 Biggest Mutual Funds
- Vanguard Total Stock Market Index Fund Admiral Shares (VTSAX)
- Fidelity 500 Index Fund (FXAIX)
- Vanguard Institutional Index Mutual Fund (VINIX)
- Fidelity Government Cash Reserves (FDRXX)
- Vanguard Federal Money Market Fund (VMFXX)
Which is the best focused fund?
Equity Hybrid Debt Solution Oriented Others Filter
| Scheme Name | Plan | 5Y |
|---|---|---|
| Motilal Oswal Focused 25 Fund – Direct Plan – Growth | Direct Plan | 16.93% |
| HDFC Focused 30 Fund – Direct Plan – Growth | Direct Plan | 14.41% |
| IDFC Focused Equity Fund – Direct Plan – Growth | Direct Plan | 17.45% |
| JM Core 11 Fund – (Direct) – Growth | Direct Plan | 15.27% |
How many focused funds can an AMC launch as per Sebi?
A focused mutual fund is a type of mutual equity fund that invests only in a limited number of stocks. These funds can invest in a maximum of 30 stocks as per the guidelines of Securities and Exchange Board of India (SEBI).
Which is best large cap fund?
The following table shows the top large cap funds as per the past 3-year and 5-year returns:
| Mutual fund | 5 Yr. Returns | 3 Yr. Returns |
|---|---|---|
| Axis Bluechip Fund | 20.65% | 22.29% |
| BNP PARIBAS LARGE CAP FUND DIRECT PLAN GROWTH | 18.82% | 22.12% |
| UTI Mastershare Unit Scheme – Direct Plan – Growth | 18.72% | 21.93% |
| Kotak Bluechip Fund | 17.33% | 21.39% |