Top Asset Management Companies in India


The Indian asset management industry has seen a steady asset growth over the past few years, though there certainly have been some rough patches. After the setback due to the recent recession, the mutual fund industry in India is recovering slowly. The industry is dominated by the institutional investors. Like hundreds of mutual funds, there are a number of asset management companies in India as well. Among those, there are some Indian companies as well as some foreign/joint venture companies. However, Indian players are outperforming the foreign counterparts in every area, viz. revenues, assets, and profitability.

According to the latest report, asset management business in India is going to increase at least 33% annually. And without wasting any time, Indian asset management companies are getting prepared to cash in the scenario. The main growth is expected in the retail segment (an estimated growth of 36%). Also in the list is investor segment (as estimated growth of 29%). According to the McKinsye study, this growth will lead AUM (Assets Under Management) to US$ 440 billion.

List of Top Asset Management Companies in India


UTI Asset Management Company Ltd.

Name
UTI Asset Management Company Ltd.
Income / Debt Oriented Schemes
1,935,985
Growth / Equity Oriented Schemes
6,817,477
Balanced Schemes
1,028,613
Exchange Traded Funds
29,046
Fund of Funds Investing Overseas
-
Grand Total
9,811,121


Reliance Capital Asset Management Ltd.

Name
Reliance Capital Asset Management Ltd.
Income / Debt Oriented Schemes
172,612
Growth / Equity Oriented Schemes
6,389,925
Balanced Schemes
1,074,839
Exchange Traded Funds
41,343
Fund of Funds Investing Overseas
-
Grand Total
7,678,719


SBI Funds Management Private Ltd.

Name
SBI Funds Management Private Ltd.
Income / Debt Oriented Schemes
87,184
Growth / Equity Oriented Schemes
5,730,085
Balanced Schemes
72,437
Exchange Traded Funds
2
Fund of Funds Investing Overseas
-
Grand Total
5,889,708


HDFC Asset Management Co. Ltd.

Name
HDFC Asset Management Co. Ltd.
Income / Debt Oriented Schemes
247,240
Growth / Equity Oriented Schemes
3,097,662
Balanced Schemes
308,655
Exchange Traded Funds
-
Fund of Funds Investing Overseas
55
Grand Total
2,448,913


ICICI Prudential Asset Management Co. Ltd.

Name
ICICI Prudential Asset Management Co. Ltd.
Income / Debt Oriented Schemes
276,928
Growth / Equity Oriented Schemes
2,660,902
Balanced Schemes
16,862
Exchange Traded Funds
899
Fund of Funds Investing Overseas
-
Grand Total
2,955,591


Franklin Templeton Asset Management (India) Pvt. Ltd.

Name
Franklin Templeton Asset Management (India) Pvt. Ltd.
Income / Debt Oriented Schemes
193,977
Growth / Equity Oriented Schemes
2,231,995
Balanced Schemes
22,886
Exchange Traded Funds
-
Fund of Funds Investing Overseas
55
Grand Total
2,448,913


Birla Sun Life Asset Management Co. Ltd.

Name
Birla Sun Life Asset Management Co. Ltd.
Income / Debt Oriented Schemes
158,366
Growth / Equity Oriented Schemes
2,140,298
Balanced Schemes
36,831
Exchange Traded Funds
-
Fund of Funds Investing Overseas
-
Grand Total
2,335,495


Sundaram BNP Paribas Asset Management Co. Ltd.

Name
Sundaram BNP Paribas Asset Management Co. Ltd.
Income / Debt Oriented Schemes
26,749
Growth / Equity Oriented Schemes
2,155,301
Balanced Schemes
8,890
Exchange Traded Funds
-
Fund of Funds Investing Overseas
42,319
Grand Total
2,233,259


Tata Asset Management Ltd.

Name
Tata Asset Management Ltd.
Income / Debt Oriented Schemes
39,745
Growth / Equity Oriented Schemes
1,617,471
Balanced Schemes
94,576
Exchange Traded Funds
-
Fund of Funds Investing Overseas
-
Grand Total
1,751,792


DSP BlackRock Investment Managers Pvt. Ltd.

Name
DSP BlackRock Investment Managers Pvt. Ltd.
Income / Debt Oriented Schemes
37,081
Growth / Equity Oriented Schemes
1,370,767
Balanced Schemes
28,052
Exchange Traded Funds
-
Fund of Funds Investing Overseas
136,300
Grand Total
1,572,200