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