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Asset Management Companies in India

Updated on June 25, 2026 , 71025 views

Asset management companies in India are broadly categorised into three types; bank-sponsored mutual funds, mutual fund institutions, and the private sector mutual funds. There are total 44 asset management companies in India as of today (February 2017). 35 of these AMCs are part of the private sector.

AMCs-in-India

All the asset management companies are part of Association of Mutual Funds in India (AMFI). AMFI was incorporated in 1995 as a non-profit organisation of all the registered AMCs in India.

Since the inception of mutual funds in 1963 by the UTI act of the Parliament, the industry has overseen a significant evolution to reach its present state. The introduction of the public sector then followed by the entry of private sector has marked the momentous phases of the history of the mutual fund industry.

1987 marked the entry of the public sector in the mutual funds market. SBI mutual funds, set up in June 1987, is the oldest public sector managed AMC. SBI Mutual Fund has a rich history of more 25 years and a very impressive track record. The total asset under management (AUM) of SBI Mutual Fund is reported to be over INR 1,31,647 crores in September 2016.

Kothari Pioneer (now merged with Franklin Templeton) was the first private sector managed AMC to enter the mutual fund market in 1993. Franklin Templeton has been in the industry for over two decades now. The total AUM of Franklin Templeton stands over INR 74,576 crores as recorded on September 2016.

Over the years, many private sector AMCs penetrated the mutual funds market. HDFC Mutual Fund set up in 2000 is one of the most successful Mutual Fund Houses in India. As on June 2016, the assets under management of HDFC Mutual Fund stand over INR 2,13,322 crores.

ICICI Prudential Mutual Fund was the top performing AMC in terms of average AUM from June 2015 to June 2016. The total assets under management under ICICI Prudential are estimated at around INR 193,296 crores. This amount shows a growth rate of 24% from the previous year.

Reliance Mutual Fund is one of the most popular asset management companies in the country. Reliance AMC covers around 179 cities across India, making it one of the fastest growing mutual funds in the country. As on September 2016, the total assets under management of the Reliance Mutual Fund is recorded to be over INR 18,000 crores.

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Birla Sun Life Asset Management Company (BSLAMC) is also among the leading and widely known asset management companies in India. It is a joint venture of Aditya Birla Group and Sun Life Financial. The total assets under management of BSLAMC in September 2016 is reported to be INR 1,68,802 crores.

UTI Asset Management Company established in 2002, is sponsored by four public sector companies, namely LIC India, State Bank of India, Bank of Baroda and Punjab National Bank. The AUM of UTI Asset Management Company in September 2016 was estimated at INR 1,27,111 crores.

Top Asset Management Companies

1. ICICI Prudential Asset Mgmt.Company Limited

With the AUM size of approximately ₹ 3 lakh crore, ICICI Prudential Asset Management Company Ltd. is the largest asset management company (AMC) in the country. It is a joint venture between ICICI Bank in India and Prudential Plc, in UK. It was started in 1993.

Apart from mutual funds, the AMC also caters to Portfolio Management Services (PMS) and Real Estate for investors.

Fund Selection Methodology used to find 3 funds

  • Asset Management Company : ICICI%20Prudential
  • Sorted On : 3-month return (high to low)
  • Tags: fcpro
  • No Of Funds: 3

Top ICICI Prudential Mutual Funds 2026

FundNAVNet Assets (Cr)3 MO (%)6 MO (%)1 YR (%)3 YR (%)5 YR (%)2025 (%)
ICICI Prudential Smallcap Fund Growth ₹89.62
↓ -0.33
₹8,94915.54.32.413.815.9-0.4
ICICI Prudential Multicap Fund Growth ₹849.68
↓ -4.36
₹17,67613.95.96.818.916.35.7
ICICI Prudential Nifty Next 50 Index Fund Growth ₹63.3676
↑ 0.12
₹9,24213.44.66.718.913.32.1
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 25 Jun 26

Research Highlights & Commentary of 3 Funds showcased

CommentaryICICI Prudential Smallcap FundICICI Prudential Multicap FundICICI Prudential Nifty Next 50 Index Fund
Point 1Bottom quartile AUM (₹8,949 Cr).Highest AUM (₹17,676 Cr).Lower mid AUM (₹9,242 Cr).
Point 2Established history (18+ yrs).Oldest track record among peers (31 yrs).Established history (16+ yrs).
Point 3Rating: 3★ (lower mid).Rating: 3★ (bottom quartile).Top rated.
Point 4Risk profile: Moderately High.Risk profile: Moderately High.Risk profile: Moderately High.
Point 55Y return: 15.87% (lower mid).5Y return: 16.25% (upper mid).5Y return: 13.33% (bottom quartile).
Point 63Y return: 13.81% (bottom quartile).3Y return: 18.92% (upper mid).3Y return: 18.92% (lower mid).
Point 71Y return: 2.42% (bottom quartile).1Y return: 6.83% (upper mid).1Y return: 6.74% (lower mid).
Point 8Alpha: -2.06 (bottom quartile).Alpha: 5.38 (upper mid).1M return: 1.83% (lower mid).
Point 9Sharpe: -0.17 (bottom quartile).Sharpe: 0.15 (upper mid).Alpha: -0.79 (lower mid).
Point 10Information ratio: -0.90 (lower mid).Information ratio: 0.79 (upper mid).Sharpe: 0.15 (lower mid).

ICICI Prudential Smallcap Fund

  • Bottom quartile AUM (₹8,949 Cr).
  • Established history (18+ yrs).
  • Rating: 3★ (lower mid).
  • Risk profile: Moderately High.
  • 5Y return: 15.87% (lower mid).
  • 3Y return: 13.81% (bottom quartile).
  • 1Y return: 2.42% (bottom quartile).
  • Alpha: -2.06 (bottom quartile).
  • Sharpe: -0.17 (bottom quartile).
  • Information ratio: -0.90 (lower mid).

ICICI Prudential Multicap Fund

  • Highest AUM (₹17,676 Cr).
  • Oldest track record among peers (31 yrs).
  • Rating: 3★ (bottom quartile).
  • Risk profile: Moderately High.
  • 5Y return: 16.25% (upper mid).
  • 3Y return: 18.92% (upper mid).
  • 1Y return: 6.83% (upper mid).
  • Alpha: 5.38 (upper mid).
  • Sharpe: 0.15 (upper mid).
  • Information ratio: 0.79 (upper mid).

ICICI Prudential Nifty Next 50 Index Fund

  • Lower mid AUM (₹9,242 Cr).
  • Established history (16+ yrs).
  • Top rated.
  • Risk profile: Moderately High.
  • 5Y return: 13.33% (bottom quartile).
  • 3Y return: 18.92% (lower mid).
  • 1Y return: 6.74% (lower mid).
  • 1M return: 1.83% (lower mid).
  • Alpha: -0.79 (lower mid).
  • Sharpe: 0.15 (lower mid).

2. HDFC Asset Management Company Limited

HDFC Mutual Fund is at the 2nd number by the size of AUM. With fund size of nearly ₹ 3 lakh crore, it is one of the largest mutual fund companies or AMC in the country.

Top HDFC Mutual Fund Funds 2026

FundNAVNet Assets (Cr)3 MO (%)6 MO (%)1 YR (%)3 YR (%)5 YR (%)2025 (%)
HDFC Small Cap Fund Growth ₹137.936
↓ -0.71
₹38,80911.4-0.8-0.614.616.5-0.6
HDFC Infrastructure Fund Growth ₹48.11
↓ -0.21
₹2,39310.31.40.921.721.62.2
HDFC Capital Builder Value Fund Growth ₹768.735
↓ -1.97
₹7,3149.5-0.33.317.714.88.6
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 25 Jun 26

Research Highlights & Commentary of 3 Funds showcased

CommentaryHDFC Small Cap FundHDFC Infrastructure FundHDFC Capital Builder Value Fund
Point 1Highest AUM (₹38,809 Cr).Bottom quartile AUM (₹2,393 Cr).Lower mid AUM (₹7,314 Cr).
Point 2Established history (18+ yrs).Established history (18+ yrs).Oldest track record among peers (32 yrs).
Point 3Top rated.Rating: 3★ (lower mid).Rating: 3★ (bottom quartile).
Point 4Risk profile: Moderately High.Risk profile: High.Risk profile: Moderately High.
Point 55Y return: 16.51% (lower mid).5Y return: 21.64% (upper mid).5Y return: 14.80% (bottom quartile).
Point 63Y return: 14.55% (bottom quartile).3Y return: 21.70% (upper mid).3Y return: 17.65% (lower mid).
Point 71Y return: -0.64% (bottom quartile).1Y return: 0.85% (lower mid).1Y return: 3.26% (upper mid).
Point 8Alpha: 0.00 (lower mid).Alpha: 0.00 (bottom quartile).Alpha: 2.21 (upper mid).
Point 9Sharpe: -0.31 (bottom quartile).Sharpe: -0.24 (lower mid).Sharpe: -0.08 (upper mid).
Point 10Information ratio: 0.00 (lower mid).Information ratio: 0.00 (bottom quartile).Information ratio: 1.34 (upper mid).

HDFC Small Cap Fund

  • Highest AUM (₹38,809 Cr).
  • Established history (18+ yrs).
  • Top rated.
  • Risk profile: Moderately High.
  • 5Y return: 16.51% (lower mid).
  • 3Y return: 14.55% (bottom quartile).
  • 1Y return: -0.64% (bottom quartile).
  • Alpha: 0.00 (lower mid).
  • Sharpe: -0.31 (bottom quartile).
  • Information ratio: 0.00 (lower mid).

HDFC Infrastructure Fund

  • Bottom quartile AUM (₹2,393 Cr).
  • Established history (18+ yrs).
  • Rating: 3★ (lower mid).
  • Risk profile: High.
  • 5Y return: 21.64% (upper mid).
  • 3Y return: 21.70% (upper mid).
  • 1Y return: 0.85% (lower mid).
  • Alpha: 0.00 (bottom quartile).
  • Sharpe: -0.24 (lower mid).
  • Information ratio: 0.00 (bottom quartile).

HDFC Capital Builder Value Fund

  • Lower mid AUM (₹7,314 Cr).
  • Oldest track record among peers (32 yrs).
  • Rating: 3★ (bottom quartile).
  • Risk profile: Moderately High.
  • 5Y return: 14.80% (bottom quartile).
  • 3Y return: 17.65% (lower mid).
  • 1Y return: 3.26% (upper mid).
  • Alpha: 2.21 (upper mid).
  • Sharpe: -0.08 (upper mid).
  • Information ratio: 1.34 (upper mid).

3. Reliance Nippon Life Asset Management Limited

With Assets under Management of approximately ₹ 2.5 lakh crore, Reliance Mutual Fund is one of India’s leading mutual fund companies.

A part of Reliance Anil Dhirubhai Ambani (ADA) Group, Reliance Mutual Fund is one of the fastest growing AMCs in India.

Top Reliance Mutual Fund Funds 2026

No Funds available.

4. Aditya Birla Sun Life Asset Management Company Limited

Formerly known as Birla Sun Life Asset Management Company, this fund house is the 3rd largest in terms of the AUM size. Presently it is known as Aditya Birla Sun Life (ABSL) Asset Management Company Ltd. It is a joint venture between the Aditya Birla Group in India and Sun Life Financial Inc of Canada. It was set up as a joint venture in 1994.

Top Aditya Birla Mutual Fund Funds 2026

FundNAVNet Assets (Cr)3 MO (%)6 MO (%)1 YR (%)3 YR (%)5 YR (%)2025 (%)
Aditya Birla Sun Life Infrastructure Fund Growth ₹107.1
↓ -0.13
₹1,18518.81313.621.419.60.7
Aditya Birla Sun Life Small Cap Fund Growth ₹94.2618
↓ -0.57
₹5,45318.610.98.817.413.8-3.7
Aditya Birla Sun Life Manufacturing Equity Fund Growth ₹36.82
↓ -0.05
₹1,19814.510.716.221.213.93.5
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 25 Jun 26

Research Highlights & Commentary of 3 Funds showcased

CommentaryAditya Birla Sun Life Infrastructure FundAditya Birla Sun Life Small Cap FundAditya Birla Sun Life Manufacturing Equity Fund
Point 1Bottom quartile AUM (₹1,185 Cr).Highest AUM (₹5,453 Cr).Lower mid AUM (₹1,198 Cr).
Point 2Oldest track record among peers (20 yrs).Established history (19+ yrs).Established history (11+ yrs).
Point 3Rating: 3★ (lower mid).Top rated.Not Rated.
Point 4Risk profile: High.Risk profile: Moderately High.Risk profile: High.
Point 55Y return: 19.59% (upper mid).5Y return: 13.82% (bottom quartile).5Y return: 13.92% (lower mid).
Point 63Y return: 21.39% (upper mid).3Y return: 17.41% (bottom quartile).3Y return: 21.18% (lower mid).
Point 71Y return: 13.62% (lower mid).1Y return: 8.83% (bottom quartile).1Y return: 16.19% (upper mid).
Point 8Alpha: 5.38 (upper mid).Alpha: 0.00 (lower mid).Alpha: 0.00 (bottom quartile).
Point 9Sharpe: 0.30 (lower mid).Sharpe: 0.23 (bottom quartile).Sharpe: 0.59 (upper mid).
Point 10Information ratio: 0.03 (upper mid).Information ratio: 0.00 (lower mid).Information ratio: 0.00 (bottom quartile).

Aditya Birla Sun Life Infrastructure Fund

  • Bottom quartile AUM (₹1,185 Cr).
  • Oldest track record among peers (20 yrs).
  • Rating: 3★ (lower mid).
  • Risk profile: High.
  • 5Y return: 19.59% (upper mid).
  • 3Y return: 21.39% (upper mid).
  • 1Y return: 13.62% (lower mid).
  • Alpha: 5.38 (upper mid).
  • Sharpe: 0.30 (lower mid).
  • Information ratio: 0.03 (upper mid).

Aditya Birla Sun Life Small Cap Fund

  • Highest AUM (₹5,453 Cr).
  • Established history (19+ yrs).
  • Top rated.
  • Risk profile: Moderately High.
  • 5Y return: 13.82% (bottom quartile).
  • 3Y return: 17.41% (bottom quartile).
  • 1Y return: 8.83% (bottom quartile).
  • Alpha: 0.00 (lower mid).
  • Sharpe: 0.23 (bottom quartile).
  • Information ratio: 0.00 (lower mid).

Aditya Birla Sun Life Manufacturing Equity Fund

  • Lower mid AUM (₹1,198 Cr).
  • Established history (11+ yrs).
  • Not Rated.
  • Risk profile: High.
  • 5Y return: 13.92% (lower mid).
  • 3Y return: 21.18% (lower mid).
  • 1Y return: 16.19% (upper mid).
  • Alpha: 0.00 (bottom quartile).
  • Sharpe: 0.59 (upper mid).
  • Information ratio: 0.00 (bottom quartile).

5. SBI Funds Management Private Limited

SBI Funds Management Pvt Limited is a joint venture between the State Bank of India (SBI) and financial services company Amundi, a European Asset Management company in France. It was launched in 1987.

Top SBI Mutual Fund Funds 2026

FundNAVNet Assets (Cr)3 MO (%)6 MO (%)1 YR (%)3 YR (%)5 YR (%)2025 (%)
SBI Small Cap Fund Growth ₹176.841
↓ -1.00
₹37,395165.12.413.314.2-4.9
SBI Magnum Global Fund Growth ₹390.683
↓ -1.10
₹6,06215.19.97.67.88.9-5.6
SBI Healthcare Opportunities Fund Growth ₹484.073
↓ -0.82
₹4,56614.414.514.624.416.5-3.5
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 25 Jun 26

Research Highlights & Commentary of 3 Funds showcased

CommentarySBI Small Cap FundSBI Magnum Global FundSBI Healthcare Opportunities Fund
Point 1Highest AUM (₹37,395 Cr).Lower mid AUM (₹6,062 Cr).Bottom quartile AUM (₹4,566 Cr).
Point 2Established history (16+ yrs).Oldest track record among peers (21 yrs).Established history (21+ yrs).
Point 3Top rated.Rating: 2★ (lower mid).Rating: 2★ (bottom quartile).
Point 4Risk profile: Moderately High.Risk profile: Moderately High.Risk profile: High.
Point 55Y return: 14.20% (lower mid).5Y return: 8.87% (bottom quartile).5Y return: 16.53% (upper mid).
Point 63Y return: 13.34% (lower mid).3Y return: 7.77% (bottom quartile).3Y return: 24.44% (upper mid).
Point 71Y return: 2.44% (bottom quartile).1Y return: 7.62% (lower mid).1Y return: 14.64% (upper mid).
Point 8Alpha: 0.00 (upper mid).Alpha: -10.17 (bottom quartile).Alpha: -0.04 (lower mid).
Point 9Sharpe: -0.22 (bottom quartile).Sharpe: -0.04 (lower mid).Sharpe: 0.36 (upper mid).
Point 10Information ratio: 0.00 (upper mid).Information ratio: -1.02 (bottom quartile).Information ratio: -0.40 (lower mid).

SBI Small Cap Fund

  • Highest AUM (₹37,395 Cr).
  • Established history (16+ yrs).
  • Top rated.
  • Risk profile: Moderately High.
  • 5Y return: 14.20% (lower mid).
  • 3Y return: 13.34% (lower mid).
  • 1Y return: 2.44% (bottom quartile).
  • Alpha: 0.00 (upper mid).
  • Sharpe: -0.22 (bottom quartile).
  • Information ratio: 0.00 (upper mid).

SBI Magnum Global Fund

  • Lower mid AUM (₹6,062 Cr).
  • Oldest track record among peers (21 yrs).
  • Rating: 2★ (lower mid).
  • Risk profile: Moderately High.
  • 5Y return: 8.87% (bottom quartile).
  • 3Y return: 7.77% (bottom quartile).
  • 1Y return: 7.62% (lower mid).
  • Alpha: -10.17 (bottom quartile).
  • Sharpe: -0.04 (lower mid).
  • Information ratio: -1.02 (bottom quartile).

SBI Healthcare Opportunities Fund

  • Bottom quartile AUM (₹4,566 Cr).
  • Established history (21+ yrs).
  • Rating: 2★ (bottom quartile).
  • Risk profile: High.
  • 5Y return: 16.53% (upper mid).
  • 3Y return: 24.44% (upper mid).
  • 1Y return: 14.64% (upper mid).
  • Alpha: -0.04 (lower mid).
  • Sharpe: 0.36 (upper mid).
  • Information ratio: -0.40 (lower mid).

6. UTI Asset Management Company Ltd

UTI Mutual Fund is a part of Unit Trust of India (UTI). It was registered with SEBI in 2003. It is promoted by SBI, LIC, Bank of Baroda and PNB.

UTI is one of the oldest and largest mutual funds in India.

Top UTI Mutual Fund Funds 2026

FundNAVNet Assets (Cr)3 MO (%)6 MO (%)1 YR (%)3 YR (%)5 YR (%)2025 (%)
UTI Healthcare Fund Growth ₹320.767
↓ -1.29
₹1,21715.612.413.726.114.8-3.1
UTI Mid Cap Fund Growth ₹306.42
↓ -2.26
₹11,87110.310.714.313.4-0.1
UTI Infrastructure Fund Growth ₹146.302
↓ -0.64
₹2,135102.72.617.215.84.3
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 25 Jun 26

Research Highlights & Commentary of 3 Funds showcased

CommentaryUTI Healthcare FundUTI Mid Cap FundUTI Infrastructure Fund
Point 1Bottom quartile AUM (₹1,217 Cr).Highest AUM (₹11,871 Cr).Lower mid AUM (₹2,135 Cr).
Point 2Oldest track record among peers (27 yrs).Established history (22+ yrs).Established history (22+ yrs).
Point 3Rating: 1★ (bottom quartile).Rating: 2★ (lower mid).Top rated.
Point 4Risk profile: High.Risk profile: Moderately High.Risk profile: High.
Point 55Y return: 14.76% (lower mid).5Y return: 13.44% (bottom quartile).5Y return: 15.76% (upper mid).
Point 63Y return: 26.10% (upper mid).3Y return: 14.29% (bottom quartile).3Y return: 17.21% (lower mid).
Point 71Y return: 13.67% (upper mid).1Y return: 0.70% (bottom quartile).1Y return: 2.60% (lower mid).
Point 8Alpha: 0.91 (upper mid).Alpha: -5.18 (bottom quartile).Alpha: -2.52 (lower mid).
Point 9Sharpe: 0.42 (upper mid).Sharpe: -0.10 (bottom quartile).Sharpe: -0.06 (lower mid).
Point 10Information ratio: 0.08 (upper mid).Information ratio: -1.80 (bottom quartile).Information ratio: -0.61 (lower mid).

UTI Healthcare Fund

  • Bottom quartile AUM (₹1,217 Cr).
  • Oldest track record among peers (27 yrs).
  • Rating: 1★ (bottom quartile).
  • Risk profile: High.
  • 5Y return: 14.76% (lower mid).
  • 3Y return: 26.10% (upper mid).
  • 1Y return: 13.67% (upper mid).
  • Alpha: 0.91 (upper mid).
  • Sharpe: 0.42 (upper mid).
  • Information ratio: 0.08 (upper mid).

UTI Mid Cap Fund

  • Highest AUM (₹11,871 Cr).
  • Established history (22+ yrs).
  • Rating: 2★ (lower mid).
  • Risk profile: Moderately High.
  • 5Y return: 13.44% (bottom quartile).
  • 3Y return: 14.29% (bottom quartile).
  • 1Y return: 0.70% (bottom quartile).
  • Alpha: -5.18 (bottom quartile).
  • Sharpe: -0.10 (bottom quartile).
  • Information ratio: -1.80 (bottom quartile).

UTI Infrastructure Fund

  • Lower mid AUM (₹2,135 Cr).
  • Established history (22+ yrs).
  • Top rated.
  • Risk profile: High.
  • 5Y return: 15.76% (upper mid).
  • 3Y return: 17.21% (lower mid).
  • 1Y return: 2.60% (lower mid).
  • Alpha: -2.52 (lower mid).
  • Sharpe: -0.06 (lower mid).
  • Information ratio: -0.61 (lower mid).

7. Kotak Mahindra Asset Management Company Limited

Kotak Mahindra Mutual Fund is a part of the Kotak Group established in 1985 by Mr. Uday Kotak. Kotak Mahindra Asset Management Company (KMAMC) is the asset manager for Kotak Mahindra Mutual Fund (KMMF). KMAMC started its operations in 1998.

Top Kotak Mutual Fund Funds 2026

FundNAVNet Assets (Cr)3 MO (%)6 MO (%)1 YR (%)3 YR (%)5 YR (%)2025 (%)
Kotak Global Emerging Market Fund Growth ₹41.413
↑ 0.74
₹1,79323.335.663.428.211.439.1
Kotak Small Cap Fund Growth ₹263.961
↓ -1.06
₹17,806165.5013.413.6-9.1
Kotak Infrastructure & Economic Reform Fund Growth ₹69.453
↓ -0.19
₹2,38513.66.4617.920.3-3.7
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 25 Jun 26

Research Highlights & Commentary of 3 Funds showcased

CommentaryKotak Global Emerging Market Fund Kotak Small Cap FundKotak Infrastructure & Economic Reform Fund
Point 1Bottom quartile AUM (₹1,793 Cr).Highest AUM (₹17,806 Cr).Lower mid AUM (₹2,385 Cr).
Point 2Established history (18+ yrs).Oldest track record among peers (21 yrs).Established history (18+ yrs).
Point 3Rating: 3★ (lower mid).Rating: 3★ (bottom quartile).Top rated.
Point 4Risk profile: High.Risk profile: Moderately High.Risk profile: High.
Point 55Y return: 11.38% (bottom quartile).5Y return: 13.63% (lower mid).5Y return: 20.28% (upper mid).
Point 63Y return: 28.25% (upper mid).3Y return: 13.37% (bottom quartile).3Y return: 17.87% (lower mid).
Point 71Y return: 63.36% (upper mid).1Y return: -0.01% (bottom quartile).1Y return: 6.04% (lower mid).
Point 8Alpha: -1.76 (lower mid).Alpha: -3.80 (bottom quartile).Alpha: -1.00 (upper mid).
Point 9Sharpe: 2.29 (upper mid).Sharpe: -0.25 (bottom quartile).Sharpe: 0.02 (lower mid).
Point 10Information ratio: -0.25 (upper mid).Information ratio: -0.96 (bottom quartile).Information ratio: -0.27 (lower mid).

Kotak Global Emerging Market Fund

  • Bottom quartile AUM (₹1,793 Cr).
  • Established history (18+ yrs).
  • Rating: 3★ (lower mid).
  • Risk profile: High.
  • 5Y return: 11.38% (bottom quartile).
  • 3Y return: 28.25% (upper mid).
  • 1Y return: 63.36% (upper mid).
  • Alpha: -1.76 (lower mid).
  • Sharpe: 2.29 (upper mid).
  • Information ratio: -0.25 (upper mid).

Kotak Small Cap Fund

  • Highest AUM (₹17,806 Cr).
  • Oldest track record among peers (21 yrs).
  • Rating: 3★ (bottom quartile).
  • Risk profile: Moderately High.
  • 5Y return: 13.63% (lower mid).
  • 3Y return: 13.37% (bottom quartile).
  • 1Y return: -0.01% (bottom quartile).
  • Alpha: -3.80 (bottom quartile).
  • Sharpe: -0.25 (bottom quartile).
  • Information ratio: -0.96 (bottom quartile).

Kotak Infrastructure & Economic Reform Fund

  • Lower mid AUM (₹2,385 Cr).
  • Established history (18+ yrs).
  • Top rated.
  • Risk profile: High.
  • 5Y return: 20.28% (upper mid).
  • 3Y return: 17.87% (lower mid).
  • 1Y return: 6.04% (lower mid).
  • Alpha: -1.00 (upper mid).
  • Sharpe: 0.02 (lower mid).
  • Information ratio: -0.27 (lower mid).

8. Franklin Templeton Mutual Fund

Franklin Templeton India office was set up in 1996 as Templeton Asset Management India Pvt. Limited. This mutual fund has now set up by the name, Franklin Templeton Asset Management (India) Pt Limited.

Top Franklin Mutual Fund Funds 2026

FundNAVNet Assets (Cr)3 MO (%)6 MO (%)1 YR (%)3 YR (%)5 YR (%)2025 (%)
Franklin India Short Term Income Plan - Retail Plan Growth ₹15,041.3
↑ 0.11
₹13192.1192.1192.147.332.5
Franklin Asian Equity Fund Growth ₹45.9339
↑ 0.59
₹87023.230.448.621.77.323.7
Franklin India Smaller Companies Fund Growth ₹176.377
↓ -1.71
₹13,84716.76.81.41718.2-8.4
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 2 May 25

Research Highlights & Commentary of 3 Funds showcased

CommentaryFranklin India Short Term Income Plan - Retail PlanFranklin Asian Equity FundFranklin India Smaller Companies Fund
Point 1Bottom quartile AUM (₹13 Cr).Lower mid AUM (₹870 Cr).Highest AUM (₹13,847 Cr).
Point 2Oldest track record among peers (24 yrs).Established history (18+ yrs).Established history (20+ yrs).
Point 3Rating: 2★ (bottom quartile).Top rated.Rating: 4★ (lower mid).
Point 4Risk profile: Moderate.Risk profile: High.Risk profile: Moderately High.
Point 51Y return: 192.10% (upper mid).5Y return: 7.28% (bottom quartile).5Y return: 18.19% (lower mid).
Point 61M return: 192.10% (upper mid).3Y return: 21.73% (lower mid).3Y return: 17.04% (bottom quartile).
Point 7Sharpe: -90.89 (bottom quartile).1Y return: 48.64% (lower mid).1Y return: 1.45% (bottom quartile).
Point 8Information ratio: -2.42 (bottom quartile).Alpha: 0.00 (upper mid).Alpha: -2.10 (lower mid).
Point 9Yield to maturity (debt): 0.00% (upper mid).Sharpe: 1.73 (upper mid).Sharpe: -0.15 (lower mid).
Point 10Modified duration: 0.00 yrs (upper mid).Information ratio: 0.00 (upper mid).Information ratio: -0.62 (lower mid).

Franklin India Short Term Income Plan - Retail Plan

  • Bottom quartile AUM (₹13 Cr).
  • Oldest track record among peers (24 yrs).
  • Rating: 2★ (bottom quartile).
  • Risk profile: Moderate.
  • 1Y return: 192.10% (upper mid).
  • 1M return: 192.10% (upper mid).
  • Sharpe: -90.89 (bottom quartile).
  • Information ratio: -2.42 (bottom quartile).
  • Yield to maturity (debt): 0.00% (upper mid).
  • Modified duration: 0.00 yrs (upper mid).

Franklin Asian Equity Fund

  • Lower mid AUM (₹870 Cr).
  • Established history (18+ yrs).
  • Top rated.
  • Risk profile: High.
  • 5Y return: 7.28% (bottom quartile).
  • 3Y return: 21.73% (lower mid).
  • 1Y return: 48.64% (lower mid).
  • Alpha: 0.00 (upper mid).
  • Sharpe: 1.73 (upper mid).
  • Information ratio: 0.00 (upper mid).

Franklin India Smaller Companies Fund

  • Highest AUM (₹13,847 Cr).
  • Established history (20+ yrs).
  • Rating: 4★ (lower mid).
  • Risk profile: Moderately High.
  • 5Y return: 18.19% (lower mid).
  • 3Y return: 17.04% (bottom quartile).
  • 1Y return: 1.45% (bottom quartile).
  • Alpha: -2.10 (lower mid).
  • Sharpe: -0.15 (lower mid).
  • Information ratio: -0.62 (lower mid).

9. DSP Blackrock Mutual Fund

DSP BlackRock is a joint venture between DSP Group and BlackRock, world’s largest investment management firm. DSP BlackRock Trustee Company Private Ltd. is the trustee for the DSP BlackRock Mutual Fund.

Top DSP Mutual Fund Funds 2026

No Funds available.

10. Axis Mutual Fund

Axis Mutual Fund had launched its first scheme in 2009. Mr. Chandresh Kumar Nigam is the MD & CEO. Axis Bank Limited holds 74.99% in Axis Mutual Fund. The remaining 25% is held by Schroder Singapore Holdings Private Limited.

Top Axis Mutual Fund Funds 2026

FundNAVNet Assets (Cr)3 MO (%)6 MO (%)1 YR (%)3 YR (%)5 YR (%)2025 (%)
Axis Mid Cap Fund Growth ₹119
↓ -0.58
₹32,85211.24.84.517.614.51
Axis Focused 25 Fund Growth ₹53.84
↑ 0.16
₹10,6669.7-2-3.19.45.52.5
Axis Long Term Equity Fund Growth ₹95.3136
↑ 0.07
₹31,0237.4-2.4-1.610.97.44.4
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 25 Jun 26

Research Highlights & Commentary of 3 Funds showcased

CommentaryAxis Mid Cap FundAxis Focused 25 FundAxis Long Term Equity Fund
Point 1Highest AUM (₹32,852 Cr).Bottom quartile AUM (₹10,666 Cr).Lower mid AUM (₹31,023 Cr).
Point 2Established history (15+ yrs).Established history (14+ yrs).Oldest track record among peers (16 yrs).
Point 3Rating: 1★ (bottom quartile).Top rated.Rating: 3★ (lower mid).
Point 4Risk profile: Moderately High.Risk profile: Moderately High.Risk profile: Moderately High.
Point 55Y return: 14.51% (upper mid).5Y return: 5.48% (bottom quartile).5Y return: 7.43% (lower mid).
Point 63Y return: 17.59% (upper mid).3Y return: 9.38% (bottom quartile).3Y return: 10.93% (lower mid).
Point 71Y return: 4.49% (upper mid).1Y return: -3.10% (bottom quartile).1Y return: -1.62% (lower mid).
Point 8Alpha: 0.00 (upper mid).Alpha: -6.68 (bottom quartile).Alpha: -3.92 (lower mid).
Point 9Sharpe: 0.08 (upper mid).Sharpe: -0.60 (bottom quartile).Sharpe: -0.43 (lower mid).
Point 10Information ratio: 0.00 (upper mid).Information ratio: -1.12 (bottom quartile).Information ratio: -0.69 (lower mid).

Axis Mid Cap Fund

  • Highest AUM (₹32,852 Cr).
  • Established history (15+ yrs).
  • Rating: 1★ (bottom quartile).
  • Risk profile: Moderately High.
  • 5Y return: 14.51% (upper mid).
  • 3Y return: 17.59% (upper mid).
  • 1Y return: 4.49% (upper mid).
  • Alpha: 0.00 (upper mid).
  • Sharpe: 0.08 (upper mid).
  • Information ratio: 0.00 (upper mid).

Axis Focused 25 Fund

  • Bottom quartile AUM (₹10,666 Cr).
  • Established history (14+ yrs).
  • Top rated.
  • Risk profile: Moderately High.
  • 5Y return: 5.48% (bottom quartile).
  • 3Y return: 9.38% (bottom quartile).
  • 1Y return: -3.10% (bottom quartile).
  • Alpha: -6.68 (bottom quartile).
  • Sharpe: -0.60 (bottom quartile).
  • Information ratio: -1.12 (bottom quartile).

Axis Long Term Equity Fund

  • Lower mid AUM (₹31,023 Cr).
  • Oldest track record among peers (16 yrs).
  • Rating: 3★ (lower mid).
  • Risk profile: Moderately High.
  • 5Y return: 7.43% (lower mid).
  • 3Y return: 10.93% (lower mid).
  • 1Y return: -1.62% (lower mid).
  • Alpha: -3.92 (lower mid).
  • Sharpe: -0.43 (lower mid).
  • Information ratio: -0.69 (lower mid).

List of Asset Management Companies in India

The complete list of asset management companies in India is as follows:

AMC Type of AMC Inception Date AUM in Crores (#As on March 2018)
BOI AXA Investment Managers Private Limited Bank Sponsored - Joint Venture (Predominantly Indian) March 31, 2008 5727.84
Canara Robeco Asset Management Company Limited Bank Sponsored - Joint Venture (Predominantly Indian) December 19, 1987 12205.33
SBI Funds Management Private Limited Bank Sponsored - Joint Venture (Predominantly Indian) June 29, 1987 12205.33
Baroda Pioneer Asset Management Company Limited Bank Sponsored - Joint Venture (Predominantly Foreign) November 24, 1994 12895.91
IDBI Asset Management Ltd. Bank Sponsored - Others March 29, 2010 10401.10
Union Asset Management Company Private Limited Bank Sponsored - Others March 23, 2011 3743.63
UTI Asset Management Company Ltd Bank Sponsored - Others February 01, 2003 145286.52
LIC Mutual Fund Asset Management Limited Indian Institutions April 20, 1994 18092.87
Edelweiss Asset Management Limited Private Sector - Indian April 30, 2008 11353.74
Escorts Asset Management Limited Private Sector - Indian April 15, 1996 13.23
IIFL Asset Management Ltd. Private Sector - Indian March 23, 2011 596.85
Indiabulls Asset Management Company Ltd. Private Sector - Indian March 24, 2011 8498.97
JM Financial Asset Management Limited Private Sector - Indian September 15, 1994 12157.02
Kotak Mahindra Asset Management Company Limited(KMAMCL) Private Sector - Indian June 23, 1998 122426.61
L&T Investment Management Limited Private Sector - Indian January 03, 1997 65828.9
Mahindra Asset Management Company Pvt. Ltd. Private Sector - Indian February 04, 2016 3357.51
Motilal Oswal Asset Management Company Limited Private Sector - Indian December 29, 2009 17705.33
Essel Funds Management Company Ltd Private Sector - Indian December 04, 2009 924.72
PPFAS Asset Management Pvt. Ltd. Private Sector - Indian October 10, 2012 1010.38
Quantum Asset Management Company Private Limited Private Sector - Indian December 02, 2005 1249.50
Sahara Asset Management Company Private Limited Private Sector - Indian July 18, 1996 58.35
Shriram Asset Management Co. Ltd. Private Sector - Indian December 05, 1994 42.55
Sundaram Asset Management Company Limited Private Sector - Indian August 24, 1996 31955.35
Tata Asset Management Limited Private Sector - Indian June 30, 1995 46723.25
Taurus Asset Management Company Limited Private Sector - Indian August 20, 1993 475.67
BNP Paribas Asset Management India Private Limited Private Sector - Foreign April 15, 2004 7709.32
Franklin Templeton Asset Management (India) Private Limited Private Sector - Foreign February 19, 1996 102961.13
Invesco Asset Management (India) Private Limited Private Sector - Foreign July 24, 2006 25592.75
Mirae Asset Global Investments (India) Pvt. Ltd. Private Sector - Foreign November 30, 2007 15034.99
Axis Asset Management Company Ltd. Private Sector - Joint Venture -Predominantly Indian September 04, 2009 73858.71
Birla Sun Life Asset Management Company Limited Private Sector - Joint Venture -Predominantly Indian December 23, 1994 244730.86
DSP BlackRock Investment Managers Private Limited Private Sector - Joint Venture -Predominantly Indian December 16, 1996 85172.78
HDFC Asset Management Company Limited Private Sector - Joint Venture -Predominantly Indian June 30, 2000 294968.74
ICICI Prudential Asset Mgmt.Company Limited Private Sector - Joint Venture -Predominantly Indian October 13, 1993 310166.25
IDFC Asset Management Company Limited Private Sector - Joint Venture -Predominantly Indian March 13, 2000 69075.26
Reliance Nippon Life Asset Management Limited Private Sector - Joint Venture -Predominantly Indian June 30, 1995 233132.40
HSBC Asset Management (India) Private Ltd. Private Sector - Joint Venture -Predominantly Foreign May 27, 2002 10543.30
Principal PNB Asset Management Co. Pvt. Ltd. Private Sector - Joint Venture -Predominantly Foreign November 25, 1994 7034.80
DHFL Pramerica Asset Managers Private Limited Private Sector - Joint Venture -Others May 13, 2010 24,80,727

*AUM source- MorningStar

Type of Equity Mutual Funds Offered by AMC's

Mutual Fund Companies manage large sums of money invested in various schemes. Investors place confidence in the fund manager as well as the AMC while investing in their schemes.

A large AUM can be both positive, as well as negative. If invested efficiently, it can deliver manifold returns for its investors.

Different Categories of Mutual Funds are as follows:

Large Cap Funds

In this type of mutual fund, the investment is made in large-cap companies. These companies are stable, have a proven track record and good ratings. These companies have historically given returns between 12% and 18%. Moderate risk is involved and it is suggested to invest in these funds for more than 4 years.

Mid Cap Funds

In this type of mutual fund, the investment is made in mid-cap companies. These companies come after Large cap funds in the hierarchy.These companies have historically given returns between 15% and 20%. The risk is slightly more than large-cap funds. It is suggested to invest in these funds for more than 5 years.

Small Cap Funds

In this type of mutual fund, the investment is made in small cap companies. These companies offer 16-22% return. This category is a high risk- high return one.

Balanced Fund

This fund has a combination of equity and debt in its portfolio. Depending on the proportion of investment made in equity and debt, the risk and returns are accordingly determined. Investment can be made via lump sum investment or through SIP (Systematic Investment Plan) mode in any of these fund categories.

An investor can take any investment decision taking into account his/her investment objective, investment duration and risk-return capacity.

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
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