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Which is the largest AMC in India?

Which is the largest AMC in India?

It was started in 1993. With an Average AUM of Rs 4.47 lakh crore, ICICI Prudential Mutual Fund is the second largest AMC in India….Invest in direct mutual funds.

AMC Average AUM (July-September, 2021) (in Rs)
HDFC Mutual Fund 4.39 lakh crore
Aditya Birla Sun Life Mutual Fund 3 lakh crore

Is HDFC AMC good buy?

If you see the risk-rating of these schemes, many of the popular equity funds from HDFC AMC have a higher risk compared to the respective category. However, advisors also say that for the long-term investors, who understand the investment strategy of the fund house, HDFC schemes are a good bet.

How does HDFC AMC earn money?

WHAT IS HDFC AMC? 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.

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Is Nippon mutual fund safe?

Nippon India Mutual Fund (Formerly Known as Reliance Mutual Fund) is one of the fastest growing fund houses in India. The money you invest is being handled by a strong In-House fund management team. They ensures that your wealth is safe and secure.

Which mutual fund AMC is best?

The top 10 AMCs in India are:

  • SBI Mutual Fund.
  • HDFC Mutual Fund.
  • ICICI Prudential Mutual Fund.
  • Reliance Mutual Fund.
  • Aditya Birla Sun Life Mutual Fund.
  • DSP BlackRock Mutual Fund.
  • Kotak Mutual Fund.
  • Tata Mutual Fund.

Is HDFC AMC overvalued?

Price to Book Ratio PB vs Industry: HDFCAMC is overvalued based on its PB Ratio (11.2x) compared to the IN Capital Markets industry average (0.9x).

Is HDFC AMC good for long term?

Is HDFC AMC a debt free company?

There are 23 equity-oriented schemes & 90 debt oriented schemes as of March 2020. HDFC AMC total customer count stands at 56 Lakh as against the total of 2.08 Crore in the market which is 27\% of the market share. The company has delivered a poor sales growth of 8.04\% over past five years.

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Is Nippon India Large Cap Fund good?

The Reliance Large Cap Fund is now called Nippon India Large Cap Fund. It is a very good fund in the large cap space. It has a good mix of focused bets and cyclical stocks which can play well in the current market environment. If you want to add another large cap fund, you can consider investing in Axis Bluechip Fund.

Which AMC share is best?

HDFC AMC leads the pack The country’s third largest asset manager, HDFC AMC, commands the highest valuation on the stock markets. The company has a market capitalisation of Rs 62,112 crore. It reported net profits of Rs 1,326 crore for FY2020-21.

Is Nippon MF better than HDFC AMC and Reliance Capital Ltd?

Stock score of Reliance Capital Ltd moved down by 1 in a week on a 10-point scale. After the latest bout of price corrections, Nippon MF is available at 10 per cent of AUM, compared with 17 per cent for HDFC AMC.

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What is the market share of Nippon AMC in unique investors?

Market share of NIPPON AMC in unique investors is 29\% which is marginally higher than that of HDFC AMC. HDFC AMC’s ~87\% allocation comes from top 30 cities ,whereas ~13\% allocation comes from below 30 cities. This is lesser as compared to industry allocation from below 30 cities.

How does HDFC AMC’s SIP count compare with innnippon AMC?

NIPPON AMC has 34 lakh active SIPs as of June’20, greater than that of HDFC AMC which has 31.1 lakh active SIPs in June’20. It has managed to register a growth of 2 lakh SIPs on QoQ basis, where as HDFC AMC’s SIP count has reduced ~1.8 lakhs.

How much of HDFC AMC is held by promoters?

As on September 30, 2019, promoters held 82.50 per cent of HDFC AMC. Standard Life Investments sold 2.23 per cent last week for Rs 3,170 per share. Promoters will have to lower their stake to 75 per cent by July 2021.