Top AMCs in India 2020| North Loop Official Blog
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02 Nov 2020

Top AMCs in India 2020

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AMC or Asset Management Company is a type of company that invests money into various instruments such as stocks, bonds, etc. that are pooled in from different clients. The investments made by Asset management companies are in-line with the financial plan and objectives of the investors and the type of investments made depend on the risk appetite of the investors.

Before investing in mutual funds, investors first need to set clear financial goals and objectives, risk appetite, and tenure. Post this, investors need to invest in AMC’s with a large AUM (Assets Under Management) size. AMCs with large AUM size imply good and reliable performance and that the investments would fetch good returns. AMCs also need to be chosen based on whether the portfolio is aligned with the financial objectives of the investors.

Top AMC in India 2020-

Top AMCs in India 2020
AMC NameAUM SIze (in Rs. Cr.)No. Of Schemes
SBI Mutual Fund422122.96137
HDFC Mutual Fund376379.1097
ICICI Prudential Mutual Fund368697.71170
Birla Sun Life Mutual Fund239028.96149
Nippon India Mutual Fund201301.77154
Kotak Mahindra Mutual Fund192311.3077
Axis Mutual Fund156493.5651
UTI Mutual Funds155190.10149
IDFC Mutual Funds114519.0655
DSP Mutual Fund82286.0063


1. SBI Mutual Funds- SBI Mutual funds were established in 1987, with its headquarters in Mumbai, Maharashtra. The fund company has over 1000 employees and has served over 5 million investors, with a strong network of over 200 branches across India. SBI Funds Management Private Limited (SBIFMPL), a joint venture between State Bank of India and Amundi of France, is now the appointed AMC of SBI mutual funds.

2. HDFC Mutual Funds- HDFC Mutual Funds is one of India’s biggest Asset Management Companies, which was established in 1999. The company is now publicly listed and close to 26% of the company is owned by the public. The company offers a wide range of investment and savings products across several asset classes and has a strong base of over 9 million live accounts. The company has over 220 branches across the country and has an employee base of over 1100 people.

3. ICICI Prudential Mutual Funds- ICICI Prudential Mutual Funds was established in 1993 and is easily one of the biggest AMCs in the country, The company is a joint venture between ICICI Bank in India and Prudential Plc and has its headquarters in Mumbai, Maharashtra. The company has an investor base of over 1.9 million, with a strong network of over 120 branches and an employee base of over 1000 employees.

4. Birla Sun Life Mutual Funds- Aditya Birla Sun Life Mutual Fund is a joint venture between Aditya Birla Group and Sun Life Financial Inc. of Canada. The company was established in 1994 and has an AUM size of over Rs. 2200 Billion. The company offers a wide range of investment and savings products across several asset classes and has a strong base of over 7 million customers.

5. Nippon India Mutual Funds-Nippon Life India Asset Management Limited (NAM India) is one of the largest AMCs in India, with an AUM size of over Rs. 2 Lakh Crores. The company has its presence in over 300 cities across India and has served close to 9 million customers.

6. Kotak Mahindra Mutual Fund- Kotak Mahindra Asset Management Company (KMAMC) was established in 1998 and has served over 7 Million customers in various schemes, from savings to investment schemes.

7. Axis Mutual Funds- Axis Asset Management Company was established in 2009 and has over 6 million live investor accounts. The company has its presence in over 100 cities and offers more than 50 types of different savings as well as investment schemes.

8. UTI Mutual Funds- UTI Asset Management is India’s oldest and largest mutual fund management company, which registered with SEBI in 2003. It is an initiative of the Government of India and the Reserve Bank of India. The company has a strong base of over 11 million portfolios.

9. IDFC Mutual Funds- IDFC Asset Management Company was founded in the year 2000. It has Assets of over Rs. 1 trillion under management and has over 1 million live folios. The company has its network of branches in over 46 cities and 280 towns in India.

10. DSP Mutual Funds- DSP Mutual Funds was founded in 1996 and is a joint venture between DSP Group and BlackRock.

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