If you’ve been investing in mutual funds, chances are you’ve wondered why some of these funds scale faster than others. You might also have noticed that certain AMCs consistently attract investors during different market cycles.
A steadily growing AMC often points to stable performance and disciplined processes, which makes it a good pick for investors. However, what’s the ideal way to choose an AMC with so many fund houses operating in India?
We have identified five good AMCs with strong AUM trajectories for your convenience.
AMCs With Strong AUM Trajectories
These fund houses have already built their resilience and scale, demonstrating their stability with consistent performance over the years.
1. ICICI Prudential Mutual Fund (AUM – INR 9.89 lakh crore)
In terms of reputation, ICICI Prudential Mutual Fund is one of the leaders in the industry. It strategically combines the strength of domestic banking with global insight from Prudential Plc. The fund house was launched in 1998 with just 2 locations and six employees. Currently, it operates across more than 350 locations and has a massive base of over 99 lakh investors.
Currently, ICICI Prudential Mutual Fund offers around 126 schemes across different sectors and themes.
Best-Performing Funds
- ICICI Pru Technology Fund
- ICICI Pru Small Cap Fund
- ICICI Pru India Opportunities Fund
2. HDFC Mutual Fund (AUM – INR 8.91 lakh crore)
HDFC AMC is one of the largest and most influential fund houses. This AMC has a long-standing reputation for its disciplined approach to fund management. After it was established in 2000, it expanded into PMS and advisory services in 2016.
Investors can choose from as many as 85 primary mutual fund schemes under this AMC, which covers equity, debt, hybrid, gold, and ETFs.
Best-Performing Funds
- HDFC Mid Cap Fund
- HDFC Flexi Cap Fund
- HDFC Focussed Fund
3. SBI Mutual Fund (AUM – INR 8.80 lakh crore)
SBI MF is one of the oldest AMCs in India. It was launched in 1987 and is noted for its long-standing experience with deep retail reach. The innovative products it has launched over the decades have contributed to a steady growth in AUM.
With AMCs like Société Générale and later Amundi holding stakes over time, the company has built a globally aligned, professionally managed structure. SBI mutual fund has more than 72 schemes across different categories.
Best-Performing Funds
- SBI ELSS Tax Saver Fund
- SBI Contra Fund
- SBI Focussed Fund
4. Kotak Mahindra Mutual Fund (AUM – INR 5.59 lakh crore)
Kotak MF is known for its innovative products and disciplined approach to fund management. After it was launched in 1998, Kotak became the first AMC in India to launch a gilt fund investing in government securities. Later, it also launched a unique gold leaf program dedicated to government bonds.
Kotak Mutual Fund offers more than 261 schemes, which makes it one of the most diverse fund houses in India.
Best-Performing Funds
- Kotak Pioneer Fund
- Kotak Focused Fund
- Kotak Flexi Cap Fund
5. Axis Mutual Fund (AUM – INR 2.74 lakh crore)
After Axis MF was launched in 2009, it has benefited from its partnership with Schroder Singapore Holdings. This fund house balances its understanding of the domestic market with international expertise, evident from its global investment collaboration across 19 nations.
You can choose from 59 mutual fund schemes across different categories like equity, hybrid, debt, and liquid funds.
Best-Performing Funds
- Axis Large and Mid-Cap Fund
- Axis Small Cap Fund
- Axis Flexi Cap Fund
Conclusion
Mutual funds with a rising AUM point to deeper trust among investors. Most of these funds have performed consistently across different market cycles and have set benchmarks with their long-term stability.
Depending on your approach to mutual fund investments and risk tolerance, you can choose a scheme from any of these leading AMCs in India. An SIP or a lump sum investment in these fund houses can help you build wealth with confidence.
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