🏦There are more than 40 asset management companies in India, managing a total of 33 lakh 44,932 crore rupees.
🥇The largest asset management company in India is SBI AMC, followed by ICSA Prudential AMC and HDFC AMC.
💰Mutual fund penetration in India is lower compared to other countries, but it is expected to grow due to the fast-growing economy, shift towards digital transactions, and rising income levels.
📈SBI AMC has the highest market cap among the top public-listed AMCs in India.
💵HDFC AMC has the highest revenue among the top public-listed AMCs in India.