HDFC Asset Management Company is a joint venture between Housing Development

Finance Corporation Limited (“HDFC”) and Standard Life Investments Limited (“SLI”).
They manage mutual funds and most of their revenue comes from the fee they charge
their clients to manage these funds.

AMCs are colloquially referred to as money managers or money management firms.

Those that offer public mutual funds or ETFs are also known as investment companies
or mutual fund companies. ... AMCs are generally distinguished by their assets under
management (AUM)—the amount of assets that they manage.

44 asset management companies

There are 44 asset management companies (AMCs) or mutual fund houses operating
in India. These companies manage the investments of investors to fetch them optimal
returns. Below we have provided a list of mutual fund houses in India: Axis Asset
Management Company Ltd.

Data include mutual funds that invest primarily in other mutual funds. Mutual funds
reporting to the Investment Company Institute.
...
Number of mutual funds in the United States from 1997 to 2020.

Characteristic Number of mutual funds

2020 7,636

2019 7,943

2018 8,093

2017 7,965

Best 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.
List of Equity Mutual Funds in India
Fund Name Category 1Y Returns

Quant Infrastructure Fund Equity 56.8%

Quant Tax Plan Fund Equity 41.0%

PGIM India Midcap Opportunities Fund Equity 34.7%

Axis Small Cap Fund Equity 41.1%

There are 20 HDFC Mutual Funds asset Management Companies In Mumbai

The company has around 210 branches located in more than 200 cities around India. It
has 53 Lakh investors with 91 Lakh live accounts. HDFC Asset Management Company
Ltd.
...
List of Hdfc Mutual Funds in India.
Fund Name HDFC Banking and PSU Debt Fund

Risk Moderate

1Y Returns 4.5%

Rating 5

Fund Size(in Cr) ₹8,823

HDFC Asset Management Co Ltd (Head Office) in Churchgate, Mumbai

HDFC Asset Management Co Ltd (Head Office) in Mumbai is one of the leading
businesses in the Mutual Fund Agents. Also known for Mutual Fund Agents, Investment
Companies, Investment Consultants, Mutual Fund Consultants, Mutual Fund Companies,
Investment Agents, Share Consultants, Mutual Fund Agents-HDFC and much more. Find
Address, Contact Number, Reviews & Ratings, Photos, Maps of HDFC Asset Management
Co Ltd (Head Office), Mumbai.

Location and Overview:

HDFC Asset Management Co Ltd (Head Office) in Churchgate, Mumbai is a top player in
the category Mutual Fund Agents in the Mumbai. This well-known establishment acts as
a one-stop destination servicing customers both local and from other parts of Mumbai.
Over the course of its journey, this business has established a firm foothold in it’s
industry. The belief that customer satisfaction is as important as their products and
services, have helped this establishment garner a vast base of customers, which
continues to grow by the day. This business employs individuals that are dedicated
towards their respective roles and put in a lot of effort to achieve the common vision
and larger goals of the company. In the near future, this business aims to expand its line
of products and services and cater to a larger client base. In Mumbai, this establishment
occupies a prominent location in Churchgate. It is an effortless task in commuting to this
establishment as there are various modes of transport readily available. It is at HT
Parekh Marg, 165-166, Backbay Reclamation, which makes it easy for first-time visitors
in locating this establishment. It is known to provide top service in the following
categories: Mutual Fund Agents, Investment Companies, Investment Consultants,
Mutual Fund Consultants, Mutual Fund Companies, Investment Agents, Share
Consultants, Mutual Fund Agents-HDFC.

Products and Services offered:

HDFC Asset Management Co Ltd (Head Office) in Churchgate has a wide range of
products and / or services to cater to the varied requirements of their customers. The
staff at this establishment are courteous and prompt at providing any assistance. They
readily answer any queries or questions that you may have. Pay for the product or
service with ease by using any of the available modes of payment, such as Cash. This
establishment is functional from 09:30 - 17:00.
 Asset management companies (AMCs) are firms pooling funds from various
individual and institutional investors and investing in various securities. The
company invests the funds in capital assets such as stocks, real estate, bonds, and so on.

Different Types of Asset Management

 1) Digital Asset Management (DAM)
 2) Fixed Asset Management.
 3) IT Asset Management (ITAM)
 4) Enterprise Asset Management.
 5) Financial Asset Management.
 6) Infrastructure Asset Managemen

An asset management company (AMC) is a financial services company that offers a

wide range of mutual fund schemes for investment. The money invested in these

schemes is typically received from the clients of the particular AMC and is

subsequently invested in securities that are in line with the financial objective of the

AMC. It, therefore, becomes highly important to invest with an Asset Management

Company that has a widespread of investment tools with good returns on

investment.

In this article, we have listed down the top 10 AMCs in India and the assets

managed by each of these AMCs. Also listed are the names of important employees

of these AMCs along with their designations and experience to highlight the

expertise of these individuals in their respective Asset Management Company.

Top 10 Asset Management Companies In India

 

1. ICICI Prudential Asset Management Company Ltd

 
The AMC is a joint venture between ICICI Bank of India one of the leading banks in

India and Prudential Plc of UK. While Prudential Plc. is one of the largest players in

the financial services sector of the UK. Set up on October 13, 1993, and

headquartered in Mumbai, this AMC has an asset base of around Rs 2,93,338 crore

and offers over 1400+ funds. The AMC has very well diversified service

offerings and has excellent ratings. The majority of the plans offered are affordable

to retail investors. ICICI Prudential AMC also prides providing superior risk

management in mutual fund investments.

Some of their notable funds include

 ICICI Prudential Focused Bluechip Equity Fund

 ICICI Prudential Balanced Fund

Management Team – Investments at ICICI Prudential Mutual Fund:

Mr. S. Naren

Executive Director & Chief Investment Officer:

Mr. Naren monitors the entire investment function across the Mutual Fund at ICICI

Prudential AMC and the International Advisory Business. He also directly handles

the ICICI Prudential Dynamic Plan and the ICICI Prudential Top 100 Fund. He has a

B. Tech degree from IIT Chennai and an MBA in finance from IIM Kolkata.

Mr. Rahul Goswami

Chief Investment Officer– Fixed Income:

Rahul works as the CIO of Fixed Income. He has an overall work experience of more

than 22 years. He currently manages 8 funds at ICICI Prudential.

o ICICI Prudential Liquid Plan

o ICICI Prudential Flexible Income Plan

o ICICI Prudential Floating Rate Fund

o ICICI Prudential Banking & PSU Debt Fund

o ICICI Prudential Medium Term Plan

 o ICICI Prudential Gilt Fund (All Options)

o ICICI Prudential Multiple Yield Fund and

o ICICI Prudential Capital Protection Oriented Fund

Mr. Rahul Rai

Head of Real Estate Business: 

At ICICI Prudential, Rahul is responsible for handling the Real Estate Business and

driving team synergies. He has an overall work experience of nearly 26 years. He is

a Chartered Accountant and has completed the Cost Accountancy and Intermediate

level Company, Secretary Course.

2. HDFC Mutual Fund

HDFC is one of India’s leading providers of financial services. HDFC AMC was

launched in 1999 and is among the top AMCs in the country. The AMC made a

notable name after the acquisition of eight funds from the Zurich India Mutual Fund. 

HDFC Mutual Fund launched its first product in the year 2000 and has been

constantly evolving over the last decade and a half. There are over 11 types of

mutual fund schemes. The company has recently traded in IPO and has soared a

massive 65% in its debut. The overall Assets Under Management (AUM) are INR

3,06,840.72 Cr (as on June 30, 2018). These funds were then renamed to funds

such as HDFC Top 200 Fund, HDFC Equity Fund, etc. The fund house offers nearly

900 funds across all categories. Some of the notable funds to its credit are:

o HDFC Balanced Fund

o HDFC Top 100 Fund

As mentioned above, HDFC MF offers a wide range of mutual funds to cater to the

needs of investors. Majority of schemes by HDFC Mutual Fund have excellent

CRISIL rating of three and above. By investing in HDFC MF investors can avail tax

benefits as well. Schemes by HDFC Mutual Fund are managed by highly

experienced industry experts to manage the overall risk.

Fund managers at HDFC Mutual Fund:

Mr. Prashant Jain

Executive Director & Chief Investment Officer

Over 20 years of experience in fund management and research in the mutual fund

industry.

Mr. Shobhit Mehrotra

Senior Fund Manager and Head of Credit

He has over 18 years of experience in Fixed Income markets, credit rating etc

Mr. Vinay R. Kulkarni

Senior Fund Manager

Collectively over 22 years of experience, of which 20 years in Fund Management

and Equity Research and 2 years in the IT industry.

Mr. Anupam Joshi

Fund Manager in Fixed Income group

He has more than 10 years’ experience in fund management, research, and dealing.

3. Reliance Mutual Fund   (Now Nippon India Mutual Fund)

Reliance Mutual Fund is one of the fastest developing mutual fund houses in India.

The mutual fund is sponsored by a joint venture of Nippon Life Insurance (Japan)

and Reliance Capital (India). The company has an impressive track record of

consistent returns. Reliance Mutual Fund has a presence in more than 150 cities in

India. The diverse array of offerings has something for everyone. The company has

over 55 lakh active portfolios. There are over 200 schemes in place for customers to

choose from. While Reliance currently has less AUM as compared to ICICI and

HDFC, the fund offers close 1100 funds and enjoys decent popularity in India.

Some of the notable mutual fund schemes offered by Reliance Mutual Fund are:
  Reliance Small Cap Fund

 Reliance Liquid Fund

Reliance Mutual Fund was set up on June 30, 1995, and has its headquarters in

Santacruz, Mumbai. The AMC has been plying its trade in the market for over two

decades and has massive experience in identifying the basic needs of the investors.

This experience in the market allows them to pick stocks and funds that possess a

good potential to generate returns for the investors. The company prides itself in

launching new and innovative schemes in the market and have a large bouquet of

funds and schemes to cater to the specific needs of the investors.  The customer

care support offered by the Reliance Mutual Fund is quite robust and along with their

strong pan-India network, they value their customers and are open for

communication at all times.

Here are some of the fund managers at Reliance Mutual Fund:

Mr. Ashwani Kumar

Senior Fund Manager – Equity Investments:

Mr. Ashwani Kumar has 18 years of experience in the financial services industry. He

has been a Fund Manager since 2003.

Mr. Sailesh Raj Bhan

Deputy CIO

Mr. Sailesh Raj Bhan has 19 years of experience in equity research and fund

management.

Mr. Samir Rachh

Fund Manager – Equity Investments:

Mr. Rachh has total experience of more than 25 years. He is a commerce graduate

from Mumbai University.

Mr. Sanjay Parekh

Senior Fund Manager – Equity Investments

Aditya Birla Sun Life Mutual Fund manages over 18 years of experience in equity

research and fund management, 9 years in fund management and 8 years as an

analyst across various sectors.

4. Aditya Birla Sun Life Mutual Fund

The fund house manages over Rs 2,41,107 crore in AUM currently spread across

600+ schemes. The AMC is a joint venture between Aditya Birla Group of India and

Sun Life Financial Inc. of Canada and was started in 1994. The company has now

established a strong reputation and gained wide recognition in the mutual

fund industry. The Birla Sun Life Mutual Fund offers a broad spectrum of mutual fund

schemes ranging from diversified equity schemes to sector-specific schemes. It also

offers debts mutual funds, hybrid schemes, fund of fund schemes, monthly income

plans, and offshore funds. It boasts of a diverse range of investments and sound

financial portfolio. The company specializes in various investment objectives like tax

savings, personal savings, wealth creation etc. It is well known for its consistency in

helping its customers to reach their financial goals. The company’s schemes are well

crafted to cater to the needs of the investors. Some of the notable funds offered by

the AMC include

 Aditya Birla Sun Life Tax Relief 96

 Aditya Birla Sun Life Balanced 95 Fund.

The company is a hugely trusted brand among investors and one of the first

companies preferred by novice investors. They specialize in tracking down the best

companies and investing in them. The company focuses on delivering transparent,

ethical, research-based, and efficient capital management services to give optimum

benefits to its investors. The mutual fund schemes offered by Birla SunLife Mutual

Fund are highly formulated and are well researched. The help investors to achieve

their financial objectives, career goals, and due inheritance. The plans cover both

aggressive and conservative investors and cater to the various requirements of the

investors.

Fund managers at Aditya Birla Sun Life Mutual Fund:

Mr. Mahesh Patil

Co-Chief Investment Officer, Equity:

As Co-Chief Investment Officer, Mahesh Patil spearheads Equity Investments at

Aditya Birla Sun Life AMC Limited. With over twenty-seven years of rich experience

in fund and investment management, Mahesh leads a team of twenty, comprising

fund managers and analysts, managing around INR 88,590 crores in equity assets.

Mr. Maneesh Dangi

Co-Chief Investment Officer, Debt:

As Co-Chief Investment Officer, Maneesh Dangi spearheads Fixed Income

investments at Aditya Birla Sun Life AMC Limited. With over eighteen years of rich

experience in Finance and Research, Maneesh leads a team of twenty-two,

comprising fund managers and analysts, managing around INR 155,424 crores.

Mr. Anil Shah

Sr. Fund Manager:

He has over 24 years of experience in equity research and investments. He is

B.Com, C.A, and a Cost Accountant.

Mr. Ajay Garg

Sr. Fund Manager:

Ajay has over 15 years of work experience in financial services. He has a degree of

B.E. in Electronics and has an MBA in Finance.

5. SBI Mutual Fund

SBI Mutual Fund is managed by SBI Fund Management Company. SBI Fund

Management Company is India’s oldest asset management company. It boasts a

rich history of over two and a half decades in investing and fund management. The

AMC is a joint venture between the State Bank of India (SBI) and Amundi, a

European Asset Management Company. The fund house manages assets over Rs

2,05,273 crore and offers 550+ funds. It has an extensive reach in the country with

over 200 acceptance points all over. The user base of SBI Mutual Fund is well over

50 lakhs. The company is India’s one of the most trusted and popular mutual fund

scheme provider. The company is also a leading enterprise in terms of offshore fund

management.

Some of the notable funds include:

 SBI Blue Chip Fund

 SBI Magnum Multi-Cap Fund.

SBI Mutual Fund is one of the most popular mutual fund company across the

country. People have huge trust in the AMC because of the high amount of safety

offered by the schemes. SBI MF is undoubtedly one of the most trusted brands in the

country. Investing in SBI MF schemes give you various advantages such as tax

benefit and capital appreciation.  SBI Mutual Fund has expertise in managing both

onshore and offshore funds and it also has a provision for NRIs to invest in mutual

funds in India.

Fund managers at SBI Mutual Fund:

Mr. Navneet Munot

Executive Director & Chief Investment Officer:

Navneet has more than 24 years of rich experience in Financial Markets. He is now

responsible for overseeing investments worth over USD 40 billion across various

asset classes in mutual fund and segregated accounts.

Mr. R Srinivasn

Head of Equity:

R Srinivasan is now the Head of Equity and also directly manages a number of

funds. He has an experience of over 25 years.

Mr. Rajeev Radhakrishnan

Head of Fixed Income & Fund Manager:

Rajeev currently heads the Fixed Income desk at the AMC. He has a degree of

Engineering and holds a Masters degree in finance from Mumbai University. He is

also a charter holder of the CFA Institute, USA.

Ms. Sohini Andani

Fund Manager:

Sohini joined SBIFM as Head of Research in 2007 and was subsequently promoted

as a portfolio manager in 2010.

6. UTI Mutual Fund

UTI was founded in 1963 and is one of the first asset management companies in

India. The AMC, UTI Mutual Fund is sponsored by the four biggest institutes in the

public sector: SBI, PNB, BoB, and LIC. Being the first company to offer mutual fund,

UTI offers some of the best schemes with assured returns. Investment in UTI easy

and can be accessed at any time of the year. UTI Mutual Fund schemes are

managed by the sharpest minds in finance domain and hence the yields from their

schemes are reliable and in line with their capital appreciation objectives. With nearly
1400 funds, the AMC manages over Rs 1,53,364 crore in AUM and offers fund

across multiple categories. Some of the notable funds across categories include:

 UTI Equity Fund

 UTI Bond Fund

UTI AMC is India’s one of the most trusted wealth creators and is well known to care

for the interest of its investors in its heart. UTI AMC has been India’s leading

Financial service institution for almost 50 years and it was a primary vehicle of Indian

Citizens for investing in the capital market until the early ’90s. The institution has

shown incredible versatility and has developed from quality to quality beating

economic changes and volatilities and worldwide turnarounds. UTI AMC has

contributed significantly to the development of the industrial and capital sector of the

Indian markets. It has spearheaded the transformative ingenuities such as rural

outreach programs, developmental financial institutions, and financial products and

services. UTI AMC manages assets across different businesses, which include

Portfolio Management Services, domestic mutual fund, Retirement Solutions,

International business, Alternative Investment assets, and Venture Funds.

Fund managers at UTI Mutual Fund are:

Mr. Vetri Subramaniam

Group President & Head-Equity:

Vetri Subramaniam is Group President & Head of Equity at UTI Asset Management

Company Ltd. He has been in this role since January 2017. UTI MF manages assets

of Rs 1524 bn and the total assets under management of UTI are Rs 3615 bn.

Mr. Amandeep Chopra

Group President & Head-Fixed Income:

Mr. Amandeep Singh Chopra is the Group President & Head of Fixed Income of UTI

AMC Ltd. He serves on the Executive Investment Committee (EIC), the Valuation
Committee and the Management Committee of UTI AMC Ltd. He is also a member

of the Valuation Committee of the Association of Mutual Funds in India (AMFI) and

was also a member of the Corporate Bonds and Securitization Advisory Committee

(CoBoSAC) of SEBI which advises SEBI on issues related to further developments

of these markets.

Mr. Sanjay Ramdas Dongre

Executive Vice President and Sr Fund Manager – Equity:

Mr. Sanjay Dongre is Executive Vice President and Sr Fund Manager – Equity at UTI

AMC Ltd. He is a B.E. (Instrumentation) graduate from College of Engineering and a

PGDM from IIM Calcutta.

Ms. Swati Kulkarni, Executive Vice President, and Fund Manager:

Ms. Swati Kulkarni is Executive Vice President and Fund Manager – Equity at UTI

AMC Ltd. After her graduation in Commerce, she went on to earn her Masters in

Financial Management from Narsee Monjee Institute of Management Studies from

the University of Mumbai, where she also distinguished herself as a rank holder.

7. Kotak Mahindra Mutual Fund

Kotak Mahindra Bank is the fourth biggest private sector bank in India and has an

AA+ brand rating. The brand value of Kotak Mahindra is over US$481 million. The

company ranks at a respectable rank of 245 among the top 500 banks across the

globe. The company offers more than 40 schemes for investors to choose from

depending on their risk profile and time horizon. The AMC offers different schemes

with variable risk according to the specific customer requirement. It was the first fund

house in the country to launch a dedicated gilt fund scheme. The company operates

in over 70 cities in India currently and has a healthy network of more than 75

branches to help the customers. The AMC has AUM of over Rs 1,19,800 crore, and

the fund house offers over 300 funds. Some of the notable funds by Kotak Mahindra

MF include:
  Kotak Select Focus Fund

 Kotak Taxsaver Fund.

Kotak Mahindra Mutual Fund was launched in the year 1998 and has its

headquarters in Bandra, Mumbai. Majority of mutual fund schemes offered by Kotak

MF have high credit ratings. Kotak AMC offers a wide range of schemes that offer

you benefits such as wealth creation and tax rebates.

Fund managers at Kotak Mahindra Mutual Fund:

Ms. Lakshmi Iyer

Chief Investment Officer (Debt) & Head Products:

Joined KMAMC in 1999 as a fund manager, and was responsible for credit research

as well as deal execution, managing fund performance across all debt funds and

assisting sales in client interaction.

Mr. Abhishek Bisen

Vice President & Fund Manager (Debt):

Associated with the company since October 2006 and his key responsibilities include

fund management of debt schemes. The schemes managed by him are Kotak

Monthly Income Plan, Kotak Bond, Kotak Gilt Investment (Regular & PF-Trust),

Kotak Multi Asset Allocation Fund, Kotak Balance, Kotak Equity Savings Fund, Kotak

Global Emerging Market Fund, Kotak Gold Fund, and Kotak Gold ETF.

Mr. Deepak Agrawal

Vice President & Fund Manager (Debt):

Over 16 years of experience in Research, Dealing and Fund Management. He is

managing Kotak Bond Short Term, Kotak Banking & PSU Debt Fund, Kotak

Dynamic Bond Fund, Kotak Savings Fund, Kotak Liquid, Kotak Money Market
Scheme, Kotak Credit Risk Fund, Kotak Medium Term Fund, Kotak Corporate Bond

Fund, Kotak Low Duration Fund, FMPs & QIPs.

Mr. Harsha Upadhyaya

Chief Investment Officer – Equity:

Harsha Upadhyaya heads the equity desk at KMAMC, and also directly manages

funds such as Kotak Standard Multicap Fund, Kotak Equity Opportunities Fund, and

Kotak Tax Saver. Harsha has over two decades of experience spread across equity

research and fund management.

8. Franklin Templeton Mutual Fund  

Franklin Templeton is an American company that was established in 1947. The

company’s Indian office was set up in 1996 and ever since its AUM has been

growing rapidly. Some of the notable funds include:

 Franklin India Flexi Cap Fund

 Franklin India Low Duration Fund

Franklin Templeton Mutual Fund is sponsored by Templeton International Inc. Its

assets are managed by Templeton Asset Management. This AMC is one of the

oldest AMCs in India. In 2002, it acquired Pioneer ITI and added considerably to its

user base. It aims to build a company with a broad range of investment experience

and has built profitable mutual fund portfolios. Since the consolidation, the business

has scaled substantially. This has catapulted Franklin Templeton to be considered

as one of the top fund houses in India. The company focuses on short-term market

fluctuations, revenues, cash flows, and the intrinsic value of the company to provide

the perfect solution to the customer query.

Here are some of the fund managers at Franklin Templeton AMC:

Mr. K. N. Sivasubramanian
Chief Investment Officer, Equity:

He is responsible for overseeing Franklin Equity Team’s local India Funds.

Mr. Anand Vasudevan

Sr. Vice President, Equity:

He is working as a fund manager for Franklin Equity Team. He has B.Tech degree

from IIT Madras, PGDM from IIM Calcutta, and Masters in Finance from London

Business School. He has an overall experience of over 10 years.

Mr. Rajat Malhotra:

Raja has a Masters degree in Computational Finance (USA), a Bachelor’s of

Computing (Computer Science) from NUS Singapore. He has over 6 years of

experience in this industry. He is responsible for fund and investment management

at Franklin Templeton.

9. DSP Mutual Fund

Initially, AMC was a joint venture between the 150-year old DSP and BlackRock

Group. Recently, DSP decided to buy out the 40% stake of BlackRock Inc in the joint

venture. This lead to DSP BlackRock Mutual Fund renamed to DSP Mutual Fund.

With AUM of over Rs 86,255 crore and over 250 funds, the fund house has made a

notable name in the mutual fund industry. Some of the notable funds include:

 DSP Focus 25 Fund

 DSP Opportunities Fund

DSP is among the oldest business groups in India. It has a rich and strong history of

more than 145 years. DSP MF offers a wide range of mutual fund schemes. DSP’s

Equity fund schemes are considered to be its flagship products. The company is well

known for providing custom-made mutual fund schemes according to the need of

their investors. Many of the mutual fund schemes offered by DSP Mutual Fund are
highly popular in the market and are often considered as a benchmark for

comparison with other mutual fund schemes.

Here are some of the fund managers at DSP Mutual Fund:

Mr. Apoorva Shah

Fund Manager:

Apoorva has a Post Graduate Diploma in Management (PGDM) from the Indian

Institute of Management (IIM), Ahmedabad. He as an overall work experience of

over 25 years of in the sector of banking and investment.

Mr. Atul Bhole

Fund Manager:

Atul has over 10 Years of experience and his Masters in Management Studies from

Jamnalal Bajaj Institute of Management Studies. He has also cleared his Chartered

Accountancy exams.

Ms. Gauri Sekaria

Fund Manager:

Gauri is the fund manager of the DSP Equal NIFTY 50 Fund and has more than 12

years of experience in managing passive funds across various Index Funds and

ETFs.

Mr. Gopal Agrawal

Senior Fund Manager:

Gopal has more than 20 years of experience in this industry. He has extensive

experience in sectors like Oil & Gas, Petrochemicals, Capital Goods, Power, Metals,

Shipping, Chemicals & Fertilizers and Engineering.

10. IDFC Mutual Fund
IDFC Ltd was set up by the Government of India in 1997. IDFC Mutual Fund is

wholly managed by IDFC Asset Management Company Ltd. The AMC provides

different products and schemes for institutional investors as well as individual

investors. The company aims to develop assets through measures like savings in

equity and debt markets. AMC’s investments and portfolios around infrastructure are

one of the best in the markets. IDFC has a strong connection with the private sector

and government. This helps it to offer smart and unbiased wealth management and

growth advice and help investors. There are over 50 mutual funds schemes in place

to cater to the needs of the investors. The AMC launched its first mutual fund in 2000

and currently has around 300 funds to offer with AUM of over Rs 71,388 crore. Some

of the notable funds offered by IDFC Mutual Fund include:

 IDFC Super Saver Income Fund

 IDFC Large-Cap Fund

Here are some of the fund managers at IDFC MF:

Mr. Daylynn Pinto

Associate Director – Fund Management:

Experience spanning over 12 years in the mutual fund industry. He holds Post

Graduate Diploma in Management (PGDM) and Bachelor’s degree in Commerce

Mr. Rajendra K. Mishra

Fund Manager:

The overall experience of 15+ years (including 12+ years in Equities & Investments).

He is an MBA from Indian Institute of Management, Lucknow, and Engineering from

National Institute of Technology, Jamshedpur

Mr. Sunil Nair

Senior Vice PresidentFund Management:

Experience of over 19 years in Equity Dealing. He holds a Bachelors Degree in Arts.

Mr. Sumit Agrawal

Vice President – Fund Management at IDFC Asset Management Company

Limited:

More than 12 years’ experience in the Finance Industry. He holds PGDM in Finance,

Chartered Financial Analyst (USA) and is a Company Secretary affiliated with

Institute of Company Secretaries of India and Bachelor Degree in Commerce.

Top Asset Management Companies In India

% Change (Q-

Mutual Funds AUM (Cr) Q)

ICICI Prudential Mutual Fund 2,93,338 5.11

HDFC Mutual Fund 2,89,168 7.19

Reliance Mutual Fund 2,43,594 5.26

Aditya Birla Sun Life Mutual

Fund 2,41,107 7.33

SBI Mutual Fund 2,05,273 9.17

UTI Mutual Fund 1,53,364 1.79

Kotak Mahindra Mutual Fund 1,19800 8.29

Franklin Templeton Mutual Fund 99,804 5.34

DSP Mutual Fund 86,255 10.84

IDFC Mutual Fund 71,388 7.58

Source: AMFI

Conclusion
Asset management companies manage huge amounts of money gathered from

investors through multiple schemes and help invest in equity, mutual funds, real

estate, etc. with the intent of providing a good return on investment to its investors.

Investors thus, place their trust in the company and the fund manager who will be

handling their hard-earned money. Investing in the above-mentioned top 10 AMCs

and their acclaimed Mutual Funds respectively, will help in your savings and

generating wealth over time.