The Mutual Fund Industry in India has been playing a massive role in the economic development of the country since many years. It has witnessed a large number of investments flocking in recent years, especially the past five years has been a great boom in the industry.
When investors search for good AMCs to invest, they often think that an AMC with a good brand name will give good profits. But, this is technically not true. The performance of funds depends on various factors such as the expertise of their fund managers, the size of the fund house, NAV, last 10 year performances, stared funds, etc. Considering all such factors, we have shortlisted the top 10 AMCs or Mutual Fund investment companies in India & the best Mutual Fund schemes offered by them.
Best Mutual Fund Companies in India
Take a look top 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
- Tata Mutual Fund
- Nippon India Mutual Fund
- Sundaram Mutual Fund
1. SBI Mutual Fund
SBI Mutual Fund is one of the well-recognised company in India. The company is present in the Indian Mutual Fund industry for more than three decades now. It was launched in the year 1987. The AMC is a Joint Venture between SBI Bank (India's largest bank) and AMUNDI (France), one of the world's leading fund management companies. The user base of SBI Mutual Fund is more than 54 Lakhs. It offers schemes across various categories of funds to cater the diverse requirements of the individuals. Investors who wish to invest in SBI Mutual Fund schemes, here are some of the top funds that you can choose as per your investment needs and objectives.
Fund NAV Net Assets (Cr) Min SIP Investment 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2023 (%) Sharpe Ratio SBI Small Cap Fund Growth ₹162.347
↑ 0.55 ₹27,760 500 7.8 17.2 37.9 22.3 25.2 25.3 2.66 SBI Magnum Children's Benefit Plan Growth ₹96.7199
↑ 0.32 ₹110 500 2.4 8 17.6 12.1 11.3 16.9 3.1 SBI Debt Hybrid Fund Growth ₹66.2316
↓ -0.09 ₹9,789 500 3.5 7.9 14 10.3 10.6 12.2 2.65 SBI Magnum COMMA Fund Growth ₹97.79
↓ -0.35 ₹597 500 8.6 22.3 50.3 15.1 21.1 32.3 2.46 SBI Large and Midcap Fund Growth ₹548.418
↓ -0.10 ₹22,689 500 7 18.7 33.5 20.2 19.3 26.8 2.25 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 29 May 24 Note: Ratio's shown as on 30 Apr 24
2. ICICI Prudential Mutual Fund
Launched in the year 1993, ICICI Mutual Fund is one of the biggest Asset Management Companies in the country. The fund house offers a broad spectrum of solutions for both corporate and retail investments. The fund house has been maintaining a strong customer base by delivering satisfying product solutions and innovative schemes. The AMC has witnessed substantial growth in scale, along with an investor base of more than 1.9 million.There are various Mutual Fund schemes offered by the AMC like equity, debt, hybrid, ELSS, liquid, etc. Here are a few top performing schemes of ICICI MF that you could prefer Investing in.
Fund NAV Net Assets (Cr) Min SIP Investment 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2023 (%) Sharpe Ratio ICICI Prudential Nifty Next 50 Index Fund Growth ₹59.853
↓ -0.42 ₹4,909 100 17.4 45.2 64.4 22.4 19.6 26.3 3.18 ICICI Prudential Banking and Financial Services Fund Growth ₹109.76
↓ -1.60 ₹7,424 100 5.6 11.2 18.7 11.9 9.9 17.9 1.49 ICICI Prudential MIP 25 Growth ₹68.0148
↓ -0.11 ₹3,402 100 3.1 7.5 14.1 9.4 9.5 11.4 2.99 ICICI Prudential Long Term Plan Growth ₹33.6697
↓ -0.02 ₹12,458 100 1.9 4.1 7.3 5.9 7.5 7.6 -0.18 ICICI Prudential Bluechip Fund Growth ₹98.45
↓ -0.85 ₹54,904 100 6.2 21.7 39.2 20.7 18 27.4 2.99 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 29 May 24 Note: Ratio's shown as on 30 Apr 24
3. HDFC Mutual Fund
HDFC Mutual Fund is one of the most well-known AMCs in India. It launched its first scheme in 2000 and since then, the fund house has been showing a promising growth. Over the years, HDFC MF has won the trust of several investors and has placed itself amongst the top performers in India. The AMC is India’s largest mutual fund managers with ₹4.4 trillion in assets under management. Investors who are keen to invest in HDFC Mutual Fund, here are some of the best schemes to choose.
Fund NAV Net Assets (Cr) Min SIP Investment 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2023 (%) Sharpe Ratio HDFC Corporate Bond Fund Growth ₹29.6827
↑ 0.00 ₹28,968 300 1.9 4.2 7.3 5.5 7 7.2 0.26 HDFC Banking and PSU Debt Fund Growth ₹21.0545
↑ 0.00 ₹6,205 300 1.7 3.9 6.8 5.3 6.7 6.8 -0.66 HDFC Balanced Advantage Fund Growth ₹479.473
↓ -0.71 ₹83,549 300 6.8 20 41 23.8 18.6 31.3 3.31 HDFC Small Cap Fund Growth ₹124.243
↑ 0.14 ₹29,685 300 2.9 13.2 40.7 26.9 23 44.8 2.7 HDFC Equity Savings Fund Growth ₹60.916
↓ -0.10 ₹4,180 300 2.6 9.3 17.3 10.8 10.3 13.8 2.47 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 29 May 24 Note: Ratio's shown as on 30 Apr 24
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4. DSP BlackRock Mutual Fund
DSPBR is the largest listed AMC in the world. It offers a variety of Mutual Fund schemes to cater the diverse investment needs of the investors. It has a performance record of more than two decades in investment excellence. The AMC is backed by the 150+ year old DSP Group, which has been very influential in the growth and professionalisation of Capital markets and the money management business in India. Here are some of the best performing DSPBR Mutual Fund schemes that you can consider while investing.
Fund NAV Net Assets (Cr) Min SIP Investment 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2023 (%) Sharpe Ratio DSP BlackRock Natural Resources and New Energy Fund Growth ₹92.033
↓ -0.64 ₹1,094 500 16.1 35.8 59 22.9 22.6 31.2 2.31 DSP BlackRock Equity Opportunities Fund Growth ₹551.107
↓ -2.78 ₹11,631 500 10 24.8 47.8 20.1 19.7 32.5 2.75 DSP BlackRock US Flexible Equity Fund Growth ₹53.4385
↑ 0.17 ₹864 500 4.2 15.3 22.2 11 17.2 22 1 DSP BlackRock India T.I.G.E.R Fund Growth ₹314.136
↑ 0.62 ₹3,815 500 20.5 44.1 81.4 37.8 26.3 49 3.41 DSP BlackRock Tax Saver Fund Growth ₹122.852
↓ -0.61 ₹14,860 500 9 24.6 44.1 20.3 20 30 2.61 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 28 May 24 Note: Ratio's shown as on 30 Apr 24
5. Aditya Birla Sun Life Mutual Fund
Birla Sun Life Mutual Fund offers solutions that can help investors achieve their financial success. The fund house specialises in various investment objectives like tax savings, personal savings, wealth creation, etc. They offer a bundle of Mutual Fund schemes like equity, debt, hybrid, ELSS, Liquid Funds, etc. The AMC is always known for its consistent performance. It holds the total AUM of over Rs. 3,120 billion under its suite of mutual fund (excluding our domestic FoFs), Portfolio management services, Offshore and Real Estate offerings and 7.3 million investor folios for the quarter ending September 30, 2021. Investors preferring to earn optimal returns can add the schemes of BSL Mutual Fund in their portfolio.
Fund NAV Net Assets (Cr) Min SIP Investment 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2023 (%) Sharpe Ratio Aditya Birla Sun Life Small Cap Fund Growth ₹78.7146
↑ 0.07 ₹4,762 1,000 6.5 13.8 41 18.3 17.2 39.4 2.51 Aditya Birla Sun Life Equity Hybrid 95 Fund Growth ₹1,374.68
↓ -6.65 ₹7,478 100 6.5 15.9 27.4 13.1 12.5 21.3 2.5 Aditya Birla Sun Life Banking And Financial Services Fund Growth ₹51.78
↓ -0.54 ₹3,178 1,000 5.2 11.3 22.9 13.8 11.1 21.7 1.8 Aditya Birla Sun Life Regular Savings Fund Growth ₹60.146
↓ -0.06 ₹1,384 500 3.3 6.7 11 8.6 8.7 9.6 1.41 Aditya Birla Sun Life Money Manager Fund Growth ₹340.919
↑ 0.08 ₹23,852 1,000 2 3.9 7.6 5.9 6.1 7.4 2.19 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 29 May 24 Note: Ratio's shown as on 30 Apr 24
6. Kotak Mutual Fund
Since its launch in the year 1998, Kotak Mutual Fund has grown into one of the well-known AMCs in India. The company offers a variety of Mutual Fund schemes to cater the diverse requirements of the investors. Some of the categories of the Mutual Fund includes equity, debt, hybrid, liquid, ELSS and so on. Over 7.5 million investors are investing in Kotak MF. Investor can plan their investments and refer to these top-performing schemes by Kotak Mutual Fund.
Fund NAV Net Assets (Cr) Min SIP Investment 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2023 (%) Sharpe Ratio Kotak Equity Opportunities Fund Growth ₹317.672
↓ -1.56 ₹21,496 1,000 14.2 28.2 46.7 23.1 21 29.3 3.11 Kotak Standard Multicap Fund Growth ₹76.838
↓ -0.59 ₹47,466 500 11.6 24.6 37 17.9 16 24.2 2.43 Growth ₹65.336
↓ -0.08 ₹1,804 1,000 19.2 39.4 60.3 35.9 25.2 37.3 3.57 Kotak Emerging Equity Scheme Growth ₹117.5
↓ -0.48 ₹42,699 1,000 15.8 24.9 48.7 24.5 24.8 31.5 3.05 Kotak Asset Allocator Fund - FOF Growth ₹208.362
↓ -0.56 ₹1,419 1,000 7.9 19.1 31.2 20.1 20.6 23.4 3.23 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 29 May 24 Note: Ratio's shown as on 30 Apr 24
7. L&T Mutual Fund
L&T Mutual Fund follows a disciplined approach to investment and risk management. The company emphasizes to deliver a superior long-term risk-adjusted performance. The AMC was launched in the year 1997 and since it has gained an immense trust amongst its investors. Investors can choose schemes from a host of options like equity, debt, Hybrid Fund, etc.
Fund NAV Net Assets (Cr) Min SIP Investment 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2023 (%) Sharpe Ratio Growth ₹99.408
↓ -0.33 ₹12,067 500 8.6 26.4 56.8 26.7 21.9 39.4 3.49 Growth ₹77.184
↑ 0.39 ₹14,619 500 7.5 17.1 48.9 29.9 25.7 46.1 2.58 Growth ₹345.332
↓ -0.69 ₹10,342 500 11.3 27.2 60.9 23.7 20.9 40 3.99 Growth ₹38.6039
↓ -0.01 ₹833 500 12.1 30 49.7 24.6 19 31.3 2.63 Growth ₹119.101
↓ -0.62 ₹3,889 500 12.3 26.7 42.2 19.3 16.9 28.4 2.85 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 29 May 24 Note: Ratio's shown as on 30 Apr 24
8. Tata Mutual Fund
Tata Mutual Fund has been operating in India for more than two decades. Tata Mutual Fund is one of the well-reputed fund houses in India. The fund house has been able to win the trust of millions of customers with its consistent performances top-notch service. Tata Mutual Fund offers various categories such as equity, debt, hybrid, liquid & ELSS, investors can invest as per their investment needs & objectives.
Fund NAV Net Assets (Cr) Min SIP Investment 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2023 (%) Sharpe Ratio Tata Equity PE Fund Growth ₹329.29
↓ -2.21 ₹7,754 150 11 26.7 50 24.5 19.4 37 3.02 Tata Retirement Savings Fund - Progressive Growth ₹59.0029
↓ -0.10 ₹1,836 150 9.1 15.8 34.7 15.3 14.8 29 2.67 Tata India Tax Savings Fund Growth ₹39.5333
↓ -0.16 ₹4,197 500 6.3 17.1 33.3 17.8 16.2 24 2.22 Tata Retirement Savings Fund-Moderate Growth ₹57.5482
↓ -0.09 ₹1,977 150 7.9 13.3 28.8 14.1 13.4 25.3 2.49 Tata Retirement Savings Fund - Conservative Growth ₹29.2935
↓ -0.02 ₹166 500 3.7 7 13.3 7.1 7.9 12.1 1.85 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 29 May 24 Note: Ratio's shown as on 30 Apr 24
9. Nippon India Mutual Fund
Since its launch in the year 1995, Nippon India has been one of the fastest growing Mutual Fund company in the country. The fund house has an impressive track record of consistent returns. Nippon India Mutual Fund offers a variety of schemes that can cater to the diverse needs of the investors. Investors can choose funds as per their investment objectives and invest according to their risk appetite.
Fund NAV Net Assets (Cr) Min SIP Investment 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2023 (%) Sharpe Ratio Nippon India Power and Infra Fund Growth ₹346.448
↓ -3.05 ₹5,043 100 14.5 41 82.6 38.8 27.1 58 3.98 Nippon India Small Cap Fund Growth ₹157.222
↓ -1.40 ₹50,423 100 10.5 21.6 56.1 32.8 30.7 48.9 3.31 Nippon India Large Cap Fund Growth ₹81.8703
↓ -0.33 ₹26,138 100 7.9 23.2 39.5 23.9 17.3 32.1 2.97 Nippon India Equity Hybrid Fund Growth ₹94.5272
↓ -0.30 ₹3,523 100 5.1 15.6 29.6 16.7 11.7 24.1 2.89 Nippon India Japan Equity Fund Growth ₹17.9194
↑ 0.04 ₹304 100 0.7 9.4 13.9 2.6 18.7 0.65 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 28 May 24 Note: Ratio's shown as on 30 Apr 24
10. Sundaram Mutual Fund
Sundaram Mutual Fund offers a diverse Range of innovative financial solutions for both retail and institutional investors. The fund house constantly aims to bring innovative schemes in order to satisfy the diverse needs of the customer. The AMC uses a strict risk-management policy and appropriate research techniques to support its investment decisions.
Fund NAV Net Assets (Cr) Min SIP Investment 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2023 (%) Sharpe Ratio Principal Emerging Bluechip Fund Growth ₹183.316
↑ 2.03 ₹3,124 100 2.9 13.6 38.9 21.9 19.2 2.74 Principal Hybrid Equity Fund Growth ₹145.326
↓ -0.82 ₹4,579 100 3.7 13.5 24.9 14 13.1 16.8 2.7 Principal Cash Management Fund Growth ₹2,137.58
↑ 0.40 ₹5,149 2,000 1.8 3.7 7.2 5.6 5 7 1.17 Principal Multi Cap Growth Fund Growth ₹345.334
↓ -1.44 ₹2,498 100 8 19.7 41.3 21.5 18.9 31.1 2.56 Principal Tax Savings Fund Growth ₹460.255
↓ -3.25 ₹1,287 500 5.6 15.7 31.9 17.9 16.7 24.5 2.51 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 31 Dec 21 Note: Ratio's shown as on 30 Nov 21
