SlideShare a Scribd company logo
Top Asset Management Companies in India
                           By Riyaj Shah, MBA (Marketing Management)
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.

More Related Content

What's hot

Business Environment market reform
Business Environment market reformBusiness Environment market reform
Business Environment market reform
Milan Padariya
 
Assignment of indian financial system.
Assignment of indian financial system.Assignment of indian financial system.
Assignment of indian financial system.
Aman Mehra
 
public relation interview of LIC branch
public relation interview of LIC branch public relation interview of LIC branch
public relation interview of LIC branch
Himmat Patel
 
Mahindra and Mahindra Financial Services
Mahindra and Mahindra Financial ServicesMahindra and Mahindra Financial Services
Mahindra and Mahindra Financial Services
HBJ Capital Services Pvt. Ltd
 
Financial statement analysis Mahindra finance vs SF
Financial statement analysis Mahindra finance vs SFFinancial statement analysis Mahindra finance vs SF
Financial statement analysis Mahindra finance vs SF
Nachiketas Waychal
 
Mahindra Finance Pratik Negi
Mahindra Finance   Pratik NegiMahindra Finance   Pratik Negi
Mahindra Finance Pratik Negi
pratik negi
 
Merger-Mahindra Bank & ING Vysya Bank
Merger-Mahindra Bank & ING Vysya Bank Merger-Mahindra Bank & ING Vysya Bank
Merger-Mahindra Bank & ING Vysya Bank
Ravi
 
Industrial finance in india new
Industrial finance in india newIndustrial finance in india new
Industrial finance in india new
8880003684
 
IDBI PPT
IDBI PPT IDBI PPT
IDBI PPT
9743224142
 
Industrial development bank of india (idbi)
Industrial development bank of india (idbi)Industrial development bank of india (idbi)
Industrial development bank of india (idbi)
Anil Upadhyay
 
Mahindra Finance
Mahindra FinanceMahindra Finance
Mahindra Finance
Ashil Ashok
 
Industrial finance corporation of india(ifci)
Industrial finance corporation of india(ifci)Industrial finance corporation of india(ifci)
Industrial finance corporation of india(ifci)
Humsi Singh
 
HDFC Life Insurance | Marketing of Services | 7 Ps of Services
HDFC Life Insurance | Marketing of Services | 7 Ps of ServicesHDFC Life Insurance | Marketing of Services | 7 Ps of Services
HDFC Life Insurance | Marketing of Services | 7 Ps of Services
HeenaKauser17
 
Institutional support to entrepreneurs
Institutional support to entrepreneursInstitutional support to entrepreneurs
Institutional support to entrepreneurs
Sunny Sukhija
 
Profle
ProfleProfle
Mfi 3 unit already
Mfi 3 unit alreadyMfi 3 unit already
Mfi 3 unit already
Soniya Bhasin
 
Icici final presentation
Icici final presentationIcici final presentation
Icici final presentation
Gagan Pareek, PMP
 
Mahindra finance swot analysis
Mahindra finance swot analysisMahindra finance swot analysis
Mahindra finance swot analysis
vedant kashyap
 
development banks
development banksdevelopment banks
development banks
Parul Singh
 
INDUSTRIAL DEVELOPMENT BANK OF INDIA
INDUSTRIAL DEVELOPMENT BANK OF INDIA INDUSTRIAL DEVELOPMENT BANK OF INDIA
INDUSTRIAL DEVELOPMENT BANK OF INDIA
vinay kumar
 

What's hot (20)

Business Environment market reform
Business Environment market reformBusiness Environment market reform
Business Environment market reform
 
Assignment of indian financial system.
Assignment of indian financial system.Assignment of indian financial system.
Assignment of indian financial system.
 
public relation interview of LIC branch
public relation interview of LIC branch public relation interview of LIC branch
public relation interview of LIC branch
 
Mahindra and Mahindra Financial Services
Mahindra and Mahindra Financial ServicesMahindra and Mahindra Financial Services
Mahindra and Mahindra Financial Services
 
Financial statement analysis Mahindra finance vs SF
Financial statement analysis Mahindra finance vs SFFinancial statement analysis Mahindra finance vs SF
Financial statement analysis Mahindra finance vs SF
 
Mahindra Finance Pratik Negi
Mahindra Finance   Pratik NegiMahindra Finance   Pratik Negi
Mahindra Finance Pratik Negi
 
Merger-Mahindra Bank & ING Vysya Bank
Merger-Mahindra Bank & ING Vysya Bank Merger-Mahindra Bank & ING Vysya Bank
Merger-Mahindra Bank & ING Vysya Bank
 
Industrial finance in india new
Industrial finance in india newIndustrial finance in india new
Industrial finance in india new
 
IDBI PPT
IDBI PPT IDBI PPT
IDBI PPT
 
Industrial development bank of india (idbi)
Industrial development bank of india (idbi)Industrial development bank of india (idbi)
Industrial development bank of india (idbi)
 
Mahindra Finance
Mahindra FinanceMahindra Finance
Mahindra Finance
 
Industrial finance corporation of india(ifci)
Industrial finance corporation of india(ifci)Industrial finance corporation of india(ifci)
Industrial finance corporation of india(ifci)
 
HDFC Life Insurance | Marketing of Services | 7 Ps of Services
HDFC Life Insurance | Marketing of Services | 7 Ps of ServicesHDFC Life Insurance | Marketing of Services | 7 Ps of Services
HDFC Life Insurance | Marketing of Services | 7 Ps of Services
 
Institutional support to entrepreneurs
Institutional support to entrepreneursInstitutional support to entrepreneurs
Institutional support to entrepreneurs
 
Profle
ProfleProfle
Profle
 
Mfi 3 unit already
Mfi 3 unit alreadyMfi 3 unit already
Mfi 3 unit already
 
Icici final presentation
Icici final presentationIcici final presentation
Icici final presentation
 
Mahindra finance swot analysis
Mahindra finance swot analysisMahindra finance swot analysis
Mahindra finance swot analysis
 
development banks
development banksdevelopment banks
development banks
 
INDUSTRIAL DEVELOPMENT BANK OF INDIA
INDUSTRIAL DEVELOPMENT BANK OF INDIA INDUSTRIAL DEVELOPMENT BANK OF INDIA
INDUSTRIAL DEVELOPMENT BANK OF INDIA
 

Viewers also liked

A tale of two hedge funds
A tale of two hedge fundsA tale of two hedge funds
A tale of two hedge funds
Manju Natarajan
 
Porsche, Volkswagen and CSX Cars, Trains & Derivatives
Porsche, Volkswagen and CSXCars, Trains & Derivatives Porsche, Volkswagen and CSXCars, Trains & Derivatives
Porsche, Volkswagen and CSX Cars, Trains & Derivatives
Brandix India Apparel City Pvt Ltd.
 
Alternate grp project hedge funds in india
Alternate grp project    hedge funds in india Alternate grp project    hedge funds in india
Alternate grp project hedge funds in india
Saurabh Mittra
 
Hedge Funds
Hedge FundsHedge Funds
Hedge Funds
Drago Indjic
 
Hedge Funds - The tale of two
Hedge Funds - The tale of twoHedge Funds - The tale of two
Hedge Funds - The tale of two
Praful Anchaliya
 
Jon Terracciano - Background and Structure of Hedge Funds
Jon Terracciano - Background and Structure of Hedge FundsJon Terracciano - Background and Structure of Hedge Funds
Jon Terracciano - Background and Structure of Hedge Funds
Jon Terracciano
 
Market Outlook: Hedge Funds 2017 – Discover the Changing Outlook
Market Outlook: Hedge Funds 2017 – Discover the Changing OutlookMarket Outlook: Hedge Funds 2017 – Discover the Changing Outlook
Market Outlook: Hedge Funds 2017 – Discover the Changing Outlook
FIS
 
Hedge funds (The Indian Context and the Regulatory Framework)
Hedge funds (The Indian Context and the Regulatory Framework)Hedge funds (The Indian Context and the Regulatory Framework)
Hedge funds (The Indian Context and the Regulatory Framework)
Sham Chandak
 
Parul kumar hedge funds ppt
Parul kumar hedge funds pptParul kumar hedge funds ppt
Parul kumar hedge funds ppt
vaibhav Kukreja
 
MFA Hedge Funds 101
MFA Hedge Funds 101MFA Hedge Funds 101
MFA Hedge Funds 101
ManagedFunds
 
A project report on comparative study of mutual funds in india
A project report on comparative study of mutual funds in indiaA project report on comparative study of mutual funds in india
A project report on comparative study of mutual funds in india
Projects Kart
 

Viewers also liked (11)

A tale of two hedge funds
A tale of two hedge fundsA tale of two hedge funds
A tale of two hedge funds
 
Porsche, Volkswagen and CSX Cars, Trains & Derivatives
Porsche, Volkswagen and CSXCars, Trains & Derivatives Porsche, Volkswagen and CSXCars, Trains & Derivatives
Porsche, Volkswagen and CSX Cars, Trains & Derivatives
 
Alternate grp project hedge funds in india
Alternate grp project    hedge funds in india Alternate grp project    hedge funds in india
Alternate grp project hedge funds in india
 
Hedge Funds
Hedge FundsHedge Funds
Hedge Funds
 
Hedge Funds - The tale of two
Hedge Funds - The tale of twoHedge Funds - The tale of two
Hedge Funds - The tale of two
 
Jon Terracciano - Background and Structure of Hedge Funds
Jon Terracciano - Background and Structure of Hedge FundsJon Terracciano - Background and Structure of Hedge Funds
Jon Terracciano - Background and Structure of Hedge Funds
 
Market Outlook: Hedge Funds 2017 – Discover the Changing Outlook
Market Outlook: Hedge Funds 2017 – Discover the Changing OutlookMarket Outlook: Hedge Funds 2017 – Discover the Changing Outlook
Market Outlook: Hedge Funds 2017 – Discover the Changing Outlook
 
Hedge funds (The Indian Context and the Regulatory Framework)
Hedge funds (The Indian Context and the Regulatory Framework)Hedge funds (The Indian Context and the Regulatory Framework)
Hedge funds (The Indian Context and the Regulatory Framework)
 
Parul kumar hedge funds ppt
Parul kumar hedge funds pptParul kumar hedge funds ppt
Parul kumar hedge funds ppt
 
MFA Hedge Funds 101
MFA Hedge Funds 101MFA Hedge Funds 101
MFA Hedge Funds 101
 
A project report on comparative study of mutual funds in india
A project report on comparative study of mutual funds in indiaA project report on comparative study of mutual funds in india
A project report on comparative study of mutual funds in india
 

Similar to Top Asset Management Companies in india

Sector presentation financial services
Sector presentation financial servicesSector presentation financial services
Sector presentation financial services
vishwasakha
 
UTI AMC research report
UTI AMC research reportUTI AMC research report
UTI AMC research report
Analah Capital
 
Icicibankfinalreport 100813115706-phpapp02
Icicibankfinalreport 100813115706-phpapp02Icicibankfinalreport 100813115706-phpapp02
Icicibankfinalreport 100813115706-phpapp02
333sunny333
 
Final project
Final projectFinal project
Final project
Manish Verma
 
55525761 about-aditya-birla-money-limited
55525761 about-aditya-birla-money-limited55525761 about-aditya-birla-money-limited
55525761 about-aditya-birla-money-limited
Suraj Shah
 
SBI Life insurance
SBI Life insurance SBI Life insurance
SBI Life insurance
Vishnu V
 
Unit trust of india
Unit trust of indiaUnit trust of india
Unit trust of india
Karishma Kolhe
 
Capital structure analysis
Capital structure analysisCapital structure analysis
Capital structure analysis
priyatosh pradhan
 
HDFC Standard Life Insurance Co- Group 1.pptx
HDFC Standard Life Insurance Co- Group 1.pptxHDFC Standard Life Insurance Co- Group 1.pptx
HDFC Standard Life Insurance Co- Group 1.pptx
ParthGarg58
 
The 10 most admired non banking financial companies in 2018
The 10 most admired non banking financial companies in 2018The 10 most admired non banking financial companies in 2018
The 10 most admired non banking financial companies in 2018
Insights success media and technology pvt ltd
 
The 10 most admired non banking financial companies in 2018
The 10 most admired non banking financial companies in 2018The 10 most admired non banking financial companies in 2018
The 10 most admired non banking financial companies in 2018
Insights success media and technology pvt ltd
 
Overview Of Housing Finance Companies In India
Overview Of Housing Finance Companies In IndiaOverview Of Housing Finance Companies In India
Overview Of Housing Finance Companies In India
Dhanashri Shet
 
Study the customer satisfaction ratio and views
Study the customer satisfaction ratio and viewsStudy the customer satisfaction ratio and views
Study the customer satisfaction ratio and views
Supa Buoy
 
equity reserach
equity reserachequity reserach
equity reserach
Vajir Baji
 
A comparative analysis of the financial ratios of selected banks in the india...
A comparative analysis of the financial ratios of selected banks in the india...A comparative analysis of the financial ratios of selected banks in the india...
A comparative analysis of the financial ratios of selected banks in the india...
Alexander Decker
 
A comparative analysis of the financial ratios of selected banks in the india...
A comparative analysis of the financial ratios of selected banks in the india...A comparative analysis of the financial ratios of selected banks in the india...
A comparative analysis of the financial ratios of selected banks in the india...
Alexander Decker
 
216282008 reliance-mutual-fund-recovered
216282008 reliance-mutual-fund-recovered216282008 reliance-mutual-fund-recovered
216282008 reliance-mutual-fund-recovered
homeworkping8
 
CUSTOMER SATISFACTION TOWARDS RELIANCE MUTUAL FUNDS
CUSTOMER SATISFACTION TOWARDS RELIANCE MUTUAL FUNDSCUSTOMER SATISFACTION TOWARDS RELIANCE MUTUAL FUNDS
CUSTOMER SATISFACTION TOWARDS RELIANCE MUTUAL FUNDS
AAnand Rajput
 
Hdfc final (1)
Hdfc final (1)Hdfc final (1)
Hdfc final (1)
Rishabh Dua
 
Why We Launched The INDF ETF
Why We Launched The INDF ETFWhy We Launched The INDF ETF
Why We Launched The INDF ETF
Amit Anand
 

Similar to Top Asset Management Companies in india (20)

Sector presentation financial services
Sector presentation financial servicesSector presentation financial services
Sector presentation financial services
 
UTI AMC research report
UTI AMC research reportUTI AMC research report
UTI AMC research report
 
Icicibankfinalreport 100813115706-phpapp02
Icicibankfinalreport 100813115706-phpapp02Icicibankfinalreport 100813115706-phpapp02
Icicibankfinalreport 100813115706-phpapp02
 
Final project
Final projectFinal project
Final project
 
55525761 about-aditya-birla-money-limited
55525761 about-aditya-birla-money-limited55525761 about-aditya-birla-money-limited
55525761 about-aditya-birla-money-limited
 
SBI Life insurance
SBI Life insurance SBI Life insurance
SBI Life insurance
 
Unit trust of india
Unit trust of indiaUnit trust of india
Unit trust of india
 
Capital structure analysis
Capital structure analysisCapital structure analysis
Capital structure analysis
 
HDFC Standard Life Insurance Co- Group 1.pptx
HDFC Standard Life Insurance Co- Group 1.pptxHDFC Standard Life Insurance Co- Group 1.pptx
HDFC Standard Life Insurance Co- Group 1.pptx
 
The 10 most admired non banking financial companies in 2018
The 10 most admired non banking financial companies in 2018The 10 most admired non banking financial companies in 2018
The 10 most admired non banking financial companies in 2018
 
The 10 most admired non banking financial companies in 2018
The 10 most admired non banking financial companies in 2018The 10 most admired non banking financial companies in 2018
The 10 most admired non banking financial companies in 2018
 
Overview Of Housing Finance Companies In India
Overview Of Housing Finance Companies In IndiaOverview Of Housing Finance Companies In India
Overview Of Housing Finance Companies In India
 
Study the customer satisfaction ratio and views
Study the customer satisfaction ratio and viewsStudy the customer satisfaction ratio and views
Study the customer satisfaction ratio and views
 
equity reserach
equity reserachequity reserach
equity reserach
 
A comparative analysis of the financial ratios of selected banks in the india...
A comparative analysis of the financial ratios of selected banks in the india...A comparative analysis of the financial ratios of selected banks in the india...
A comparative analysis of the financial ratios of selected banks in the india...
 
A comparative analysis of the financial ratios of selected banks in the india...
A comparative analysis of the financial ratios of selected banks in the india...A comparative analysis of the financial ratios of selected banks in the india...
A comparative analysis of the financial ratios of selected banks in the india...
 
216282008 reliance-mutual-fund-recovered
216282008 reliance-mutual-fund-recovered216282008 reliance-mutual-fund-recovered
216282008 reliance-mutual-fund-recovered
 
CUSTOMER SATISFACTION TOWARDS RELIANCE MUTUAL FUNDS
CUSTOMER SATISFACTION TOWARDS RELIANCE MUTUAL FUNDSCUSTOMER SATISFACTION TOWARDS RELIANCE MUTUAL FUNDS
CUSTOMER SATISFACTION TOWARDS RELIANCE MUTUAL FUNDS
 
Hdfc final (1)
Hdfc final (1)Hdfc final (1)
Hdfc final (1)
 
Why We Launched The INDF ETF
Why We Launched The INDF ETFWhy We Launched The INDF ETF
Why We Launched The INDF ETF
 

More from Riyaj Shah

Research paper on E learning
Research paper on E learning Research paper on E learning
Research paper on E learning
Riyaj Shah
 
Classroom participation
Classroom participationClassroom participation
Classroom participation
Riyaj Shah
 
A project report on Training & Recruitment of Life Insurance Agent. Guwahati ...
A project report on Training & Recruitment of Life Insurance Agent. Guwahati ...A project report on Training & Recruitment of Life Insurance Agent. Guwahati ...
A project report on Training & Recruitment of Life Insurance Agent. Guwahati ...
Riyaj Shah
 
Financial Management
Financial ManagementFinancial Management
Financial Management
Riyaj Shah
 
Some probable reasons for why north east states cannot never be developed.
Some probable reasons for why north east states cannot never be developed.Some probable reasons for why north east states cannot never be developed.
Some probable reasons for why north east states cannot never be developed.
Riyaj Shah
 
How to solve a case study?
How to solve a case study?How to solve a case study?
How to solve a case study?
Riyaj Shah
 
Slide 2
Slide 2Slide 2
Slide 2
Riyaj Shah
 
B0206
B0206B0206
B0206
Riyaj Shah
 
B0204
B0204B0204
B0204
Riyaj Shah
 
B0203
B0203B0203
B0203
Riyaj Shah
 
B0202
B0202B0202
B0202
Riyaj Shah
 
Principle & practice of management
Principle & practice of managementPrinciple & practice of management
Principle & practice of management
Riyaj Shah
 
Unit 4
Unit 4Unit 4
Unit 4
Riyaj Shah
 
Chap5
Chap5Chap5
Chap5
Riyaj Shah
 
Unit 7
Unit 7Unit 7
Unit 7
Riyaj Shah
 

More from Riyaj Shah (15)

Research paper on E learning
Research paper on E learning Research paper on E learning
Research paper on E learning
 
Classroom participation
Classroom participationClassroom participation
Classroom participation
 
A project report on Training & Recruitment of Life Insurance Agent. Guwahati ...
A project report on Training & Recruitment of Life Insurance Agent. Guwahati ...A project report on Training & Recruitment of Life Insurance Agent. Guwahati ...
A project report on Training & Recruitment of Life Insurance Agent. Guwahati ...
 
Financial Management
Financial ManagementFinancial Management
Financial Management
 
Some probable reasons for why north east states cannot never be developed.
Some probable reasons for why north east states cannot never be developed.Some probable reasons for why north east states cannot never be developed.
Some probable reasons for why north east states cannot never be developed.
 
How to solve a case study?
How to solve a case study?How to solve a case study?
How to solve a case study?
 
Slide 2
Slide 2Slide 2
Slide 2
 
B0206
B0206B0206
B0206
 
B0204
B0204B0204
B0204
 
B0203
B0203B0203
B0203
 
B0202
B0202B0202
B0202
 
Principle & practice of management
Principle & practice of managementPrinciple & practice of management
Principle & practice of management
 
Unit 4
Unit 4Unit 4
Unit 4
 
Chap5
Chap5Chap5
Chap5
 
Unit 7
Unit 7Unit 7
Unit 7
 

Top Asset Management Companies in india

  • 1. Top Asset Management Companies in India By Riyaj Shah, MBA (Marketing Management) 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.