Comparing the Top Asset Management Companies in India: SBI AMC, HDFC AMC, and UTI AMC

TLDRThere are more than 40 asset management companies in India, managing a total of 33 lakh 44,932 crore rupees. The largest AMC 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, HDFC AMC, and UTI AMC are the top public-listed AMCs in India. SBI AMC has the highest market cap, while HDFC AMC has the highest revenue. UTI AMC has been experiencing strong profit growth. All three companies are debt-free and have a strong foothold in the industry. UTI AMC is the least valued among the three.

Key insights

🏦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.

Q&A

How many asset management companies are there in India?

There are more than 40 asset management companies in India.

Which is the largest asset management company in India?

The largest asset management company in India is SBI AMC.

Why is mutual fund penetration in India lower compared to other countries?

Mutual fund penetration in India is lower compared to other countries due to various factors such as lack of awareness, preference for traditional investment options, and lower income levels.

Which asset management company has the highest market cap in India?

SBI AMC has the highest market cap among the top public-listed AMCs in India.

Which asset management company has the highest revenue in India?

HDFC AMC has the highest revenue among the top public-listed AMCs in India.

Timestamped Summary

00:00There are more than 40 asset management companies in India, managing a total of 33 lakh 44,932 crore rupees.

00:21The largest asset management company in India is SBI AMC, followed by ICSA Prudential AMC and HDFC AMC.

03:19Mutual 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.

05:42SBI AMC has the highest market cap among the top public-listed AMCs in India.

06:50HDFC AMC has the highest revenue among the top public-listed AMCs in India.