Which mutual fund has highest Aum?

Which mutual fund has highest Aum?

SBI Mutual Fund
SBI Mutual Fund Since then it has made its place as a Top AMC in India and is also known as the largest mutual fund in India. SBI Mutual Fund has 146 funds in total and as of March 2022 and holds Rs. 647064.29 Cr. of AUM.

Which company has the highest Aum?

Largest companies

Rank Firm/company AUM (billion USD)
1 BlackRock 9,570
2 Charles Schwab 8,140
3 Vanguard Group 8,100
4 UBS 4,380

Who is the biggest mutual fund company?

BlackRock Funds
BlackRock Funds top the list in terms of assets held by a single fund family, followed by other familiar names such as Vanguard, Charles Schwab, State Street Global Advisors, and Fidelity Investments.

Who is the best mutual fund company?

Top 10 Mutual Funds in India 2020

  • ICICI Prudential Focused Bluechip Equity Fund.
  • Aditya Birla Sun Life Small & Midcap Fund.
  • Tata Equity PE Fund.
  • HDFC Monthly Income Plan – MTP.
  • L Tax Advantage Fund.
  • SBI Nifty Index Fund.
  • Kotak Corporate Bond Fund.
  • Canara Robeco Gilt PGS.

What is AUM of SBI Mutual Fund?

4.565 trillion INR (October – December 2020)SBI Mutual Fund / Assets under management

Which is the top AMC in India?

The top 10 AMCs in India are:

  • SBI Mutual Fund.
  • HDFC Mutual Fund.
  • ICICI Prudential Mutual Fund.
  • Reliance Mutual Fund.
  • Aditya Birla Sun Life Mutual Fund.
  • DSP BlackRock Mutual Fund.
  • Kotak Mutual Fund.
  • Tata Mutual Fund.

What is total AUM of mutual fund?

AUM or Assets Under Management is the total market value of investments managed by an asset management company (AMCs).

Which company has the highest AUM in India?

1. SBI Mutal Fund

AUM (In crore) Number of Funds
373498.27 150

What is AUM of HDFC AMC?

Talking in terms of Asset Management Company (AMC) wise assets under management (AUM), HDFC MF stands at 3rd place with Rs 441,352 crores in Sep 2021.

Is Groww an AMC?

Most platforms charge an annual maintenance charge (AMC) for the demat account. On Groww, we do not have any AMC.

What is a good AUM?

Therefore, it is recommended to invest in a small-cap fund that has a reasonable AUM say 500 crores and above. Debt Funds – Fund size or AUM is more important in the case of a debt fund.

Is NAV same as AUM?

Net asset value vs assets under management NAV shows what price shares in a fund can be bought and sold at. AUM by contrast refers to the value of assets managed by an individual or firm, not a fund. Unlike NAV, AUM is in reference to the total value of assets being managed rather than expressed on a per-share basis.

Which is the largest mutual fund in India?

NEW DELHI: SBI Mutual Fund, India’s largest mutual fund house in terms of assets under management (AUM), was seen lapping up battered shares from banking & financial pack while trimming stakes in select new-age firms and auto and power companies in February, data showed.

What are the best mutual funds for beginners?

– Assets under management: $53.7 billion – Dividend yield: 3.4% – Expenses: 0.13%

What are the top 10 mutual fund companies?

Most Popular Funds

  • U.S. Stock Funds
  • Taxable Bond Funds
  • Sector Funds
  • Municipal Bond Funds
  • International Stock Funds
  • Balanced Funds
  • Alternative Funds
  • Commodities Funds
  • What is the best mutual fund company?

    Best Fund Companies for Index Funds: Fidelity Investments . Fidelity Investments is best known as a mutual fund company and provider of retirement services and products, such as 401(k) plans and IRAs, for businesses and individuals. Founded in 1946, Fidelity is one of the largest multinational financial services corporations in the world.

    What are the top mutual funds?

    Top-Rated Franklin Templeton Funds as of 1/31/22 Fund Name, Ticker, Overall Rating, (Risk Grade) TheStreet Ratings’ mutual fund rating model compiles and examines financial data on a monthly basis to gauge a mutual fund’s risk-adjusted return compared to

    • August 30, 2022