Mutual funds are one of the most reliable and popular investment instruments. Investing in mutual funds is the most convenient way to make investments and diversify portfolios.
It provides immense benefits to both small and large investors. There are a number of big names operating in India’s mutual fund industry; however, it’s not easy to choose from such an array of funds available.
To help you choose the best, we have compiled a list of the top 10 biggest mutual fund companies based on their assets under management (AUM).
List of Top 10 Biggest Mutual Fund Companies in India
| Rank | Mutual Fund Company (AMC) | Asset Under Management (AUM) | Number of Funds |
|---|---|---|---|
| 1 | SBI Mutual Fund | ₹6,48,641 Cr | 52 |
| 2 | ICICI Prudential Mutual Fund | ₹4,84,873 Cr | 86 |
| 3 | HDFC Mutual Fund | ₹4,18,852 Cr | 47 |
| 4 | Kotak Mahindra Mutual Fund | ₹2,83,897 Cr | 41 |
| 5 | Nippon India Mutual Fund | ₹2,81,440 Cr | 90 |
| 6 | Aditya Birla Sun life Mutual Fund | ₹2,82,183 Cr | 75 |
| 7 | Axis Mutual Fund | ₹2,46,127 Cr | 46 |
| 8 | UTI Mutual Fund | ₹2,24,279 Cr | 58 |
| 9 | IDFC Mutual Fund | ₹1,17,110 Cr | 39 |
| 10 | DSP Mutual Fund | ₹1,06,682 Cr | 42 |
1. SBI Mutual Fund
SBI Mutual Fund is one of the leading asset management companies in India with over two decades of experience in the industry. The company offers a wide range of products and services to meet the needs of different investors.
The Mutual Fund company has a strong track record of performance and has been consistently ranked among the top-performing fund houses in the country with an Asset Under Management (AUM) of more than 6 Lakh Crore, making it the biggest mutual fund company in India.
The company offers a wide variety of products including equity, debt, and hybrid funds. It also provides a number of specialized products such as sector-specific funds, tax-saving funds, and index funds.
The company has a team of experienced professionals who manage the funds and make investment decisions.
SBI Mutual Fund has a strong distribution network with over 5,000 distributors across the country. The company offers a number of facilities for investors including online account opening, SIP, and systematic withdrawal plan.
It also offers a mobile app for investors to track their investments and transactions.
2. ICICI Prudential Mutual Fund
ICICI Prudential Mutual Fund is one of the leading asset management companies in India with over 20 years of experience in the industry. The company offers a wide range of products and services to cater to the needs of different investors.
It has a strong track record of performance and has been consistently ranked among the top-performing fund houses in India. The company has a wide network of distribution channels and a large base of satisfied customers.
ICICI Prudential Mutual Fund offers a wide range of products including equity, debt, balanced, and liquid funds. The company has a team of experienced and qualified professionals who manage the funds.
The company follows a disciplined investment process and has a rigorous risk management system in place. The AMC has an AUM of ₹4,84,873 Cr, making it one of the biggest mutual fund companies in India.
ICICI Prudential Mutual Fund has a wide range of products and services to cater to the needs of different investors. The Asset management company (AMC) offers a wide range of products including equity, debt, balanced, and liquid funds.
3. HDFC Mutual Fund
HDFC Mutual Fund is one of the largest asset management companies in India with over 2 decades of experience. They offer a wide range of products and services to meet the needs of different investors. The AMC has a strong track record of performance and is a trusted name in the industry.
Like other AMCs HDFC Mutual Fund also offers a variety of products including equity, debt, and balanced funds. They have a wide range of products to suit the needs of different investors. HDFC Mutual Fund has a strong track record of performance and is a trusted name in the industry.
HDFC AMC offers a wide range of products and services to meet the needs of different investors. They have a strong track record of performance and are a trusted name in the industry. HDFC Mutual Fund is a good choice for those looking for a reliable and experienced asset management company.
The company has an AUM of ₹4,18,852 Cr, making it one of the biggest AMCs in India.
4. Kotak Mahindra Mutual Fund
Kotak Mahindra Mutual Fund is one of the leading mutual fund companies in India. It offers a wide range of mutual fund products to its investors. The AMC has a strong track record of performance and has been a consistent performer over the years.
The company has a team of experienced professionals who manage the fund’s portfolio. Kotak Mahindra Mutual Fund’s investment philosophy is based on the principle of diversification. The fund house follows a disciplined and systematic investment process.
The Mutual Fund company has a wide range of products, which cater to the different needs of investors. The fund house has a strong research team that constantly monitors the market and identifies investment opportunities.
Kotak Mahindra AMC has an Asset under management (AUM) of ₹2,83,897 Cr, making it one of the biggest mutual fund companies in India.
5. Nippon India Mutual Fund
Nippon India Mutual Fund is one of the leading asset management companies in India with over years of experience in the mutual fund industry.
The company offers a wide range of investment products and services to cater to the needs of different investors.
Nippon India Mutual Fund has a strong focus on research and provides its investors with access to some of the best investment professionals in the country.
The company has a wide network of distributors and branches across India and it has an AUM of ₹2,81,440 Cr making it one of the biggest AMCs in India.
6. Aditya Birla Sun life Mutual Fund
Aditya Birla Sun Life Mutual Fund is one of the most trusted and reputed mutual fund companies in India. It is a subsidiary of Aditya Birla Capital Limited, which is one of the largest financial services companies in the country.
The company offers a wide range of mutual fund schemes across different asset classes and risk profiles, making it a great choice for investors of all kinds.
The company has a strong focus on research and offers a team of experienced fund managers who are well-versed in the Indian markets. This, coupled with a robust investment process, makes Aditya Birla Sun Life Mutual Fund a safe and reliable investment option.
7. Axis Mutual Fund
Axis Mutual Fund is one of the leading asset management companies in India. The company offers a wide range of products and services to its clients, which include various types of mutual funds, and other financial services.
The company has a strong focus on providing quality service and products to its clients. It has a team of experienced professionals who are always ready to help investors in making the right investment decisions.
The company offers a wide variety of mutual fund schemes that cater to the different needs of investors. Some of the popular schemes offered by the company include Axis Equity Fund, Axis Growth Fund, and Axis Tax Saver Fund.
Investors can choose from a wide range of investment options offered by the company. They can either invest in the schemes directly or through a systematic investment plan (SIP).
8. UTI Mutual Fund
UTI Mutual Fund is one of the oldest and largest mutual fund companies in India with over 30 years of experience. It offers a wide range of products including equity, debt, and hybrid funds. UTI Mutual Fund has a strong track record of performance and is a trusted name in the industry.
If you’re looking for a mutual fund company that you can trust, then UTI Mutual Fund is a great choice. They have a long history of performance and offer a wide range of products. You can be confident that your money is in good hands with UTI Mutual Fund.
9. IDFC Mutual Fund
IDFC Mutual Fund is one of the best-performing mutual funds in India. It was started in the year 2000 and since then, has given amazing returns to its investors.
The IDFC mutual fund scheme invests across a wide range of sectors and companies. This diversification helps to mitigate the risk associated with any one particular sector or company.
The fund has a strong track record of outperforming the benchmark indices. For example, in the last 5 years, the IDFC mutual fund scheme has given returns of 13.6%, as compared to the Sensex return of 9.3%.
If you are looking for a good mutual fund to invest in, then you should definitely consider the IDFC mutual fund scheme.
10. DSP Mutual Fund
DSP Mutual Fund is one of the leading asset management companies in India with over two decades of experience in managing money. The company offers a wide range of mutual fund schemes across asset classes and risk profiles to cater to the needs of different investors.
DSP Mutual Fund has a strong track record of delivering consistent performance across market cycles. The company has a team of experienced professionals who are well-versed in the latest investment strategies and market trends.
DSP Mutual Fund offers schemes that are suitable for different types of investors, whether they are looking for capital appreciation or income generation. The company also has a wide network of distribution partners, which ensures that investors have easy access to its products and services.
If you are looking for a reliable and experienced asset management company to manage your money, then DSP Mutual Fund is an excellent option to consider. With an Asset Under Management (AUM) of more than 1 lakh crore DSP mutual fund is one of the top 10 biggest AMCs in India.
Conclusion
Investing in mutual funds is one of the best ways to get started and build a long-term portfolio for your financial goals.
However, investing in mutual funds doesn’t come without its risks. The risk involved in mutual funds can be affecting your savings and jeopardize your investments. So invest wisely.
