Top 10 AMCs in India 2026

(The AMCs mentioned in the blog are as per Assets Managed (as of 31-December-2025)

It is indeed a brilliant plan to have a financial adviser in charge of your money, and this is particularly relevant if you don’t understand the functions and workings of the stock market, and that is when a mutual fund investing corporation or an Asset Management Company (AMC) walks in to save the day.

Mutual Fund AMCs, also known as Asset Management Companies, invest their clients’ money in various asset classes.

This blog lists the largest AMCs in India, their Assets Under Management (AUM), and other pertinent information.

Meaning of AMC (Asset Management Company)

An Asset Management Company (AMC) is a company that invests financial assets, such as funds from investors, companies, or other AMCs, in companies that use those assets as financial investments, operational investments, or other types of investments to grow the investment.

Following that, the returns are paid to the actual investor, with a small portion held back as AMC fees. Fund houses, money managers, and money management firms are all terms used to describe these entities.

An AMC company may manage several funds with various investment and financial objectives. Fund managers manage these, set the financial and investment goals, assess the risk and reward profile, and then choose an investment strategy.

Meaning of AUM (Assets Under Management)

The total market value of the investments or assets maintained by a mutual fund, hedge fund, wealth management firm, portfolio manager, or other financial services firm is called Assets Under Management (AUM). In other words, assets under management refer to the total amount of money under the control of a person or entity.

In some cases, assets under management refer to the total value of all assets an entity manages for all clients. For example, AUM stands for Assets Under Management, which refers to the total market value of assets managed for specific clients.

List of Top Asset Management Companies in India 2026

Here is a list of some of the top AMC companies in India-

New entrants in the AMC World in India

1. Groww Asset Management Ltd.

2. Jio BlackRock Mutual Fund 

3. Helios Capital Asset Management

4. Bajaj Finserv Asset Management

5. White Oak Capital Asset Management

Overview of the Top 10 AMCs in India

Here is an overview of some of the AMCs that are top in India-

SBI Funds Management Ltd.

As a joint venture between the State Bank of India (SBI) and AMUNDI, the SBI Mutual Fund was founded in 1987. The fund house leverages SBI's extensive distribution network and AMUNDI's fund management expertise to deliver top-tier service and solutions to all its investors.

Along with overseas funds, the fund house offers a wide selection of domestic mutual fund schemes across equity, debt, and balanced categories.

The goal of SBI Mutual Fund is to become the most dependable and admired asset manager. The fund house's primary goal is to beat the benchmark through actively managing client portfolios and research-supported investment in Indian stocks.

Since its launch, it has established itself as a Top AMC in India and is also known as the largest mutual fund in India.

ICICI Prudential Asset Management Company Ltd.

In 1998, ICICI Bank and Prudential Plc formed a joint venture (JV) to create ICICI Prudential Mutual Fund. The fund house leverages its parent companies' and sponsors' extensive financial knowledge and experience. It is one of the oldest and most profitable Mutual Funds. ICICI Prudential is widely known as the best AMC in India.

To become one of the top AMCs in India, it has leveraged a fantastic combination of investing competence, resource capacity, and process focus.

It offers a wide selection of mutual fund schemes across equity, debt, and hybrid categories, along with exchange-traded funds and solution-oriented schemes.

The fund company makes an effort to provide its investors with a positive investment experience that makes building wealth easier.

HDFC Asset Management Company Ltd.

A joint venture between the Housing Development Finance Corporation Limited (HDFC) and abrdn plc created the HDFC Mutual Fund in 1999 (SLI).

With the aid of specific, easily accessible investment products, methodical transactions, remarkably steady management, and a robust digital presence, the fund house has become one of India's largest and most lucrative mutual fund managers.

Along with fund-of-fund schemes and exchange-traded funds, it offers a full range of mutual fund schemes across equity, debt, and hybrid categories.

The company aims to offer successful investment options so investors can invest without being concerned about market volatility. It is also known as the top Asset Management Company in India.

Nippon Life India Asset Management Company Ltd.

In 1995, Nippon India Mutual Fund was founded to introduce fund schemes that would allow investors to invest in a variety of assets. It is India's largest and fastest-growing AMC by AUM.

The fund house offers a wide selection of exchange-traded funds, retirement funds, and mutual fund schemes across equities, debt, and balanced categories.

With a focus on customer service and a culture of good corporate governance, it strives to become a respected wealth generator on a worldwide scale.

Some of its efforts to deliver value to investors include innovative product offerings and customer service programs. As a result, Nippon India is considered the best asset management company in India.

Kotak Mahindra Asset Management Company Ltd.

To provide mutual funds that meet the needs of investors with different risk-return profiles, Kotak Mahindra Mutual Fund was founded in 1998. It started small but has become one of India's top AMCs.

The fund house has produced many investor folios thanks to an exceptional selection of investment products across asset classes. Along with fund-of-fund schemes and exchange-traded funds, it offers a broad selection of mutual fund schemes across equity, debt, and hybrid categories. Moreover, to ensure customer satisfaction, the fund firm works to consistently outperform the benchmark across all of its products.

In addition, it strives to be an ethical competitor in the Indian mutual fund market. As a result, it is touted as a critical market member and has been in the Top 10 AMC in India 2026 for the past many years.

Aditya Birla Sun Life Asset Management Company Ltd.

A joint venture between the Aditya Birla Group and Sun Life Financial Inc. of Canada resulted in the creation of Sun Life Mutual Fund in 1994. Since then, it has expanded to rank among India's largest AMCs.

The fund house has generated many investor folios thanks to an excellent combination of broad reach, innovative product offerings, and reliable investment performance.

The fund house offers a wide selection of mutual fund schemes across equity, debt, and balanced funds, as well as fund of funds and offshore funds.

UTI Asset Management Company Ltd.

UTI Mutual Fund was founded in 2003 to give investors chances to build wealth via participation in the capital market. With industry-led best practices, a long-term outlook, and a robust business strategy, the fund company has emerged as one of India's top AMCs.

In addition to domestic mutual funds, portfolio management services, international business, retirement solutions, venture funds, and alternative investment funds, it offers several other investment options.

The fund house strives to provide best-in-class services, focusing on country growth while remaining the most popular mutual fund.

Axis Asset Management Company Ltd.

Axis Mutual Fund provides top-notch financial and investing solutions with a strong focus on risk management and planning, which has been a critical factor in helping the fund house to acquire a sizable number of investor folios.

A wide range of mutual fund schemes covering the equity, debt, and hybrid categories, as well as fund-of-fund schemes and special circumstance funds, are among its intelligent products.

Customer-focused service, a more straightforward digital investment procedure, and the finest of fund products have helped Axis Mutual Fund expand its reach further into the country.

Tata Asset Management Private Limited

Tata Asset Management Private Limited (TAML) is one of the foremost AMCs (asset management companies) in India, managing investments for the Tata Mutual Fund. Founded in 1994, it is under the aegis of the respected Tata Group, one of the world’s most prestigious business conglomerates. The sponsors of the entity include Tata Investment Corporation Limited and Tata Sons Limited. TAML is registered with SEBI (Securities and Exchange Board of India). The company focuses on service, performance, and trust, with a particular emphasis on building long-term trust. The AMC offers equity, debt, and hybrid funds, as well as other segments such as exchange-traded funds (ETFs) and index funds. It also offers portfolio management services for HNWIs (high-net-worth individuals) and advisory services to funds and offshore investors interested in venturing into the Indian market. 

Mirae Asset Investment Managers (India) Pvt. Ltd.

Mirae Asset Mutual Fund is a part of Mirae Asset Financial Group, a global financial services firm headquartered in South Korea. In India, Mirae Asset Mutual Fund is managed by Mirae Asset Investment Managers (India) Pvt. Ltd., which was established in 2007.

The company offers a range of mutual fund schemes across equity, debt, and hybrid categories, catering to various investor needs and risk profiles.

Mirae Asset Mutual Fund is known for its research-driven investment approach and aims to deliver consistent long-term performance through active fund management.

Conclusion

This was the list of the Top 10 AMCs in India. We hope this article helps you get a better picture of the meaning and workings of these top AMC in India.

Before investing in any Mutual Fund, it is essential to study it in detail, as hasty decisions may lead you to experience the downside of investing. You can even use an Online SIP Calculator to project your returns on mutual fund investments that are made through SIP.

Thus, to become a lead player in the Investing game, ensure you have all your facts straight and a detailed understanding of the necessary details.

Happy Investing!

Disclaimer: This blog is solely for educational purposes. The securities/investments quoted here are not recommendatory.

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