Top Asset Management Companies in India


Even though there might be some rough patches, the Indian Asset management industry has performed steadily with respect to growth of asset over the past few years. After the recent period of recession, the mutual fund industry is slowly improving in India and like mutual fund companies, a number of asset management companies are also offering their valuable service in India. Even though, there are actual Indian companies and joint-venture companies in the asset management sector in India, the Indian companies are performing well as compared to their counter parts in areas like profitability, assets and revenues.

According to a latest report, the asset management companies are expected improve their revenue by a minimum of 30% every year. The asset management companies are working hard to achieve this expected performance from the industry. The names of some of the top players in the asset management sector in India are given below:

Top six companies in the Asset Management Sector in India:

UTI Asset Management Company Limited

Reliance Capital Asset Management Limited

SBI Funds Management Private Limited

HDFC Asset Management Company Limited

ICICI Prudential Asset Management Company Limited

Birla Sun Life Asset Management Co. Ltd.

To explore more information about these top players in asset management industry in India, read on the content given below:

UTI Asset Management Company Limited:

UTI Asset Management Company came into existence under the Companies Act 1956 and this company was established as the asset management company of the UTI Mutual Fund in terms of the investment management agreement. Four sponsors are contributing towards the paid up capital of this country and they are Punjab National Bank, Bank of Baroda, Life Insurance Corporation of India and State Bank of India.

Reliance Capital Asset Management Limited:

Reliance Capital Asset Management Company is a wholly owned subsidiary company of India’s most popular Reliance Capital Limited. This company acts as the AMC to the Reliance Mutual Fund, which is promoted by the Anil Dhirubhai Ambani Group of Companies.

SBI Funds Management Private Limited:

SBI Funds Management Private Limited is one of the popular fund houses in India with an investor base of nearly 6 million. They are in this field for more than 20 years and they are delivering consistent service and value to the funds of their investors. This company is a joint venture between the SBI of India and Societe Generale Asset Management Company in France.

HDFC Asset Management Company Limited:

HDFC Asset Management Company Limited came into existence in the year 1999 on the 10th on December and this company is acting as Asset Management Company of the HDFC. The headquarters of the company is located in the city of Mumbai and the paid up capital of this company is Rs. 25 crore.

ICICI Prudential Asset Management Company Limited:

This is a privately owned investment company that offers services to institutions and individuals. The company is managing balanced mutual funds, fixed income and client-focused equity. They are investing in fixed income and public equity markets in India and they are operating as the subsidiary of the ICICI bank right from their inception in the year 1998 in the city of Mumbai.

Birla Sun Life Asset Management Co. Ltd.:

This company is the investment management company of Birla Mutual Fund, which is a joint venture between the Sun Life Financial Services of Canada and the Aditya Birla Group. This joint venture has brought about great success in the asset management industry mainly because of the experience of Aditya Birla Group in the Indian Market and the experience of Sun Life Financial Services in the global market.

These companies play a crucial role in the management of assets of some of the top players in the financial sector in India thereby improving the financial standard of the country.



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