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)|
|Equity (other than ELSS)||704764|
|Liquid/ Money Market||484167|
|Equity – ELSS||84,069|
|Infrastructure Debt Fund||2,119|
|Fund of Fund investing overseas||1,575|
Data Source: AMFI