There are 47 registered Asset Management Companies (AMCs) in India that offer little more than 3200 different schemes. (AMFI – Aug 2018)
As of Q2 2018, the total assets under management (AMU) are about INR 2,34,0361.6496 crores with the top 10 AMCs cornering more than 80% of the market share.
ICICI Mutual Fund and HDFC Mutual Fund are the two largest AMCs in India responsible for more than 26% of the AMU — about INR 6,00,000 crore.
These funds are further subdivided into 10 categories with Income & Equity based funds become the top 2 categories accounting for more than 60% of the assets under management.
| Category | Averge AUM (Crore) |
| Income | 791154 |
| Equity (other than ELSS) | 704764 |
| Liquid/ Money Market | 484167 |
| Balanced | 178518 |
| Equity – ELSS | 84,069 |
| Other ETF | 78,868 |
| Gilt | 10,391 |
| GOLD ETF | 4,752 |
| Infrastructure Debt Fund | 2,119 |
| Fund of Fund investing overseas | 1,575 |
Source: AMFI
Data Source: AMFI
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