Top 10 Mutual Fund Companies in India

Mutual funds in India have become increasingly popular investment vehicles, offering a diverse range of investment options across various asset classes. The following tables provide detailed information about the top 10 mutual fund companies in India, including their headquarters, founding year, assets under management (AUM), types of funds offered, notable achievements, ownership, website, and an overview .

1. HDFC Mutual Fund

HDFC Mutual Fund is one of the largest mutual fund companies in India, offering a wide range of mutual fund schemes catering to diverse investor needs. Founded in 2000 and headquartered in Mumbai, India, HDFC Mutual Fund is known for its robust investment management practices and extensive distribution network.

Company Name	HDFC Mutual Fund
Headquarters	Mumbai, India
Founded	2000
Assets Under Management (AUM)	Over ₹5.58 trillion (as of June 2024)
Types of Funds	Equity, debt, hybrid, liquid funds
Notable Achievements	Largest mutual fund company in India by AUM
Ownership	Joint venture between HDFC Ltd and Standard Life Investments Ltd
Website	HDFC Mutual Fund
Overview	HDFC Mutual Fund is renowned for its comprehensive range of mutual fund schemes, focusing on delivering consistent returns and wealth creation for investors through disciplined investment strategies.

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2. ICICI Prudential Mutual Fund

ICICI Prudential Mutual Fund is a leading mutual fund house in India, offering a diverse portfolio of investment solutions. Founded in 1993 and headquartered in Mumbai, India, ICICI Prudential Mutual Fund is known for its customer-centric approach and innovative fund offerings.

Company Name	ICICI Prudential Mutual Fund
Headquarters	Mumbai, India
Founded	1993
Assets Under Management (AUM)	Over ₹5.32 trillion (as of June 2024)
Types of Funds	Equity, debt, hybrid, ETFs, FOFs
Notable Achievements	Pioneer in introducing mutual fund solutions in India
Ownership	Joint venture between ICICI Bank and Prudential Plc
Website	ICICI Prudential Mutual Fund
Overview	ICICI Prudential Mutual Fund offers a wide array of investment options designed to meet various financial goals, supported by robust research and investment management expertise.

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3. SBI Mutual Fund

SBI Mutual Fund is one of the largest and oldest mutual fund houses in India, known for its strong retail and institutional presence. Founded in 1987 and headquartered in Mumbai, India, SBI Mutual Fund offers a comprehensive range of mutual fund schemes across asset classes.

Company Name	SBI Mutual Fund
Headquarters	Mumbai, India
Founded	1987
Assets Under Management (AUM)	Over ₹5.03 trillion (as of June 2024)
Types of Funds	Equity, debt, hybrid, ETFs, FMPs
Notable Achievements	Largest bank-sponsored mutual fund in India
Ownership	Joint venture between SBI and Amundi (France)
Website	SBI Mutual Fund
Overview	SBI Mutual Fund is synonymous with trust and reliability, offering a wide range of investment products that cater to both retail and institutional investors, backed by extensive research capabilities.

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4. Aditya Birla Sun Life Mutual Fund

Aditya Birla Sun Life Mutual Fund is a prominent mutual fund company in India, offering innovative investment solutions across asset classes. Founded in 1994 and headquartered in Mumbai, India, Aditya Birla Sun Life Mutual Fund is known for its strong performance track record and customer-focused approach.

Company Name	Aditya Birla Sun Life Mutual Fund
Headquarters	Mumbai, India
Founded	1994
Assets Under Management (AUM)	Over ₹3.86 trillion (as of June 2024)
Types of Funds	Equity, debt, hybrid, ETFs, FMPs
Notable Achievements	Strong presence in rural and semi-urban markets
Ownership	Joint venture between Aditya Birla Capital Ltd and Sun Life Financial Inc.
Website	Aditya Birla Sun Life Mutual Fund
Overview	Aditya Birla Sun Life Mutual Fund offers a diverse range of investment options aimed at achieving long-term wealth creation for investors, with a focus on innovation and investor education.

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5. Nippon India Mutual Fund (formerly Reliance Mutual Fund)

Nippon India Mutual Fund, formerly known as Reliance Mutual Fund, is a leading mutual fund house in India, offering a wide range of investment products. Founded in 1995 and headquartered in Mumbai, India, Nippon India Mutual Fund is known for its strong distribution network and customer-centric approach.

Company Name	Nippon India Mutual Fund
Headquarters	Mumbai, India
Founded	1995
Assets Under Management (AUM)	Over ₹3.32 trillion (as of June 2024)
Types of Funds	Equity, debt, hybrid, ETFs, FMPs
Notable Achievements	Pioneer in introducing innovative mutual fund schemes
Ownership	Nippon Life Insurance Company (Japan)
Website	Nippon India Mutual Fund
Overview	Nippon India Mutual Fund offers a wide range of investment solutions designed to cater to different investor needs, with a focus on delivering consistent and superior investment performance.

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6. UTI Mutual Fund

UTI Mutual Fund is one of the oldest mutual fund companies in India, offering a diverse range of investment options. Founded in 1963 and headquartered in Mumbai, India, UTI Mutual Fund is known for its strong retail focus and investor-friendly approach.

Company Name	UTI Mutual Fund
Headquarters	Mumbai, India
Founded	1963
Assets Under Management (AUM)	Over ₹2.32 trillion (as of June 2024)
Types of Funds	Equity, debt, hybrid, ETFs, FMPs
Notable Achievements	Pioneer in the Indian mutual fund industry
Ownership	Joint venture between public sector financial institutions
Website	UTI Mutual Fund
Overview	UTI Mutual Fund has a rich legacy of trust and performance, offering innovative investment solutions that cater to the evolving needs of investors across India.

7. Kotak Mahindra Mutual Fund

Kotak Mahindra Mutual Fund is a prominent player in India’s mutual fund industry, offering a range of investment products and services. Founded in 1998 and headquartered in Mumbai, India, Kotak Mahindra Mutual Fund is known for its strong research capabilities and customer-focused approach.

Company Name	Kotak Mahindra Mutual Fund
Headquarters	Mumbai, India
Founded	1998
Assets Under Management (AUM)	Over ₹2.21 trillion (as of June 2024)
Types of Funds	Equity, debt, hybrid, ETFs, FMPs
Notable Achievements	Robust risk management framework
Ownership	Kotak Mahindra Bank Ltd
Website	Kotak Mutual Fund
Overview	Kotak Mahindra Mutual Fund offers a wide range of investment options tailored to meet diverse investor goals, supported by strong investment expertise and a commitment to financial transparency.

8. Axis Mutual Fund

Axis Mutual Fund is a respected name in India’s mutual fund industry, offering innovative investment solutions to investors. Founded in 2009 and headquartered in Mumbai, India, Axis Mutual Fund is known for its customer-centric approach and robust investment management practices.

Company Name	Axis Mutual Fund
Headquarters	Mumbai, India
Founded	2009
Assets Under Management (AUM)	Over ₹2.18 trillion (as of June 2024)
Types of Funds	Equity, debt, hybrid, ETFs, FMPs
Notable Achievements	Strong focus on investor education and awareness
Ownership	Axis Bank Ltd
Website	Axis Mutual Fund
Overview	Axis Mutual Fund aims to deliver superior investment performance through a range of innovative mutual fund schemes that cater to the diverse needs of investors in India.

9. DSP Mutual Fund

DSP Mutual Fund, formerly DSP BlackRock Mutual Fund, is a well-established mutual fund house in India, known for its strong investment management capabilities. Founded in 1996 and headquartered in Mumbai, India, DSP Mutual Fund offers a comprehensive suite of mutual fund products across asset classes.

Company Name	DSP Mutual Fund
Headquarters	Mumbai, India
Founded	1996
Assets Under Management (AUM)	Over ₹1.73 trillion (as of June 2024)
Types of Funds	Equity, debt, hybrid, ETFs, FMPs
Notable Achievements	Pioneer in offshore fund management from India
Ownership	Joint venture between DSP Group and BlackRock Inc.
Website	DSP Mutual Fund
Overview	DSP Mutual Fund focuses on delivering consistent and superior investment returns through a disciplined investment approach and robust risk management framework.

10. Franklin Templeton Mutual Fund

Franklin Templeton Mutual Fund is a global investment management organization with a significant presence in India’s mutual fund industry. Founded in 1996 and headquartered in San Mateo, California, USA, Franklin Templeton Mutual Fund offers a wide range of mutual fund schemes tailored to meet diverse investor needs in India.

Company Name	Franklin Templeton Mutual Fund
Headquarters	San Mateo, California, USA
Founded	1947 (Operations in India since 1996)
Assets Under Management (AUM)	Over ₹1.65 trillion (as of June 2024)
Types of Funds	Equity, debt, hybrid, ETFs, FMPs
Notable Achievements	Global expertise in investment management
Ownership	Franklin Resources, Inc.
Website	Franklin Templeton India
Overview	Franklin Templeton Mutual Fund combines global investment expertise with local market knowledge to offer innovative investment solutions and deliver long-term value for investors in India.

In Conclusion, These top 10 mutual fund companies in India are recognized for their strong track records, innovative investment solutions, and commitment to investor welfare. They play a crucial role in shaping India’s investment landscape by offering diverse mutual fund products that cater to varying risk appetites and financial goals. Investors can choose from a range of equity, debt, hybrid, and other mutual fund options offered by these companies, supported by robust research and investment management practices.

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