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Introduction to mutual fund and its houses
There are numerous mutual fund houses in India that one can select for its mutual fund investments. Also, they provide various type in mutual funds like Liquid fund, Income funds, debt funds, Equity mutual funds etc.
Mutual funds are becoming so popular in terms of investment nowadays that the AUM has been continuously developing from the past 5 years.
Heightened awareness and wants to invest in equity markets safely. Decayed the germination of gold prices. Several other parts have appeared in many people searching the mutual fund option. There are mutual fund houses like SBI mutual fund, Kotak mutual fund, HDFC mutual fund and many more.
A Mutual fund overview says it is the investment where the money from a different investor is collected. Further invests in different investment plans by the fund managers. In accordance with the demands of the investor. The Sebi is a regulatory body that secures the invest of investors.
Let’s discuss the list of various Popular mutual fund houses in India or we can simply call them Asset Management Company in India.
ICICI Prudential Mutual Fund house in India
- This mutual fund was founded in 1993 and has its headquarters in Mumbai.
- ICICI Prudential Asset Management Company Limited is the 2nd largest AMCs in the country.
- They worked an instrumental part in introducing Indian investors with mutual funds in the last 25 years.
- Many investors have chosen their products to be safe and advanced.
- There is a slew of products that cater to investors from different socioeconomic settings. For example, one can begin investing with a SIP amount as small as Rs. 100. with no upper limit.
- Likewise, one can choose an investment horizon rising from 1 day. The great quality of mutual funds provides people with a fortune to create investment portfolios that satisfy them the best.
The ICICI Prudential Mutual fund has various schemes in terms of equity, debt, and short-term mutual funds. The name of 10 best performing schemes are :
ICICI Prudential Mutual Fund schemes |
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ICICI Prudential Midcap Fund – Regular – Growth |
Reliance Mutual Fund
- The reliance Mutual has been set up on June-30 1995.
- It gives a big 1033 funds. Reliance Mutual Fund as an AMC has a good amount of popularity in India. They are one of India’s leading mutual funds, with Average Assets Under Management (AAUM) of Rs 2,33,628.56 Crores .
- Reliance Small Cap Fund started in 2010 has returned a very high since the beginning.
- Being a small-cap fund, it is considered as a high-risk fund.
- Additional notice worthy funds by this AMC are Reliance Index Fund – Nifty Plan, Reliance Regular Savings Fund – Balanced and many more.
- RMF gives investors a well-rounded portfolio of products to satisfy differing investor wants.
- It has a presence in 300 cities over the country.
- RMF continually aims to begin innovative products and customer service leads to build value to investors.
The Reliance Prudential Mutual fund has various schemes in terms of equity, debt, and short-term mutual funds. The name of 10 best performing schemes are :
Reliance Mutual Fund schemes |
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Reliance Classic Bond Fund – Regular – Growth |
Franklin Templeton Mutual Fund houses in India
- Franklin Templeton is really an American financial services company that was founded in 1947.
- Its Indian office was established in 1996.
- The company has been a general in the mutual fund domain ever since.
- The rate is viewed as very good as this fund is a large-cap fund.
- Added very remarkable fund with others is Franklin India High Growth Companies Fund.
- This multi-cap fund begun in 2007 has returned a rate notwithstanding exposing the market crash of 2008.
The Franklin Templeton Mutual Fund has various schemes in terms of equity, debt, large-cap funds and short-term mutual funds. The name of 10 best performing schemes are :
Franklin Templeton Mutual Fund |
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Birla Sun Life Mutual Fund
- This AMC is a joint venture among Birla Group of India and Sun Life Financial Inc. of Canada.
- Birla Sun Life Mutual Fund was begun in 1994.
- Birla Sun Life Frontline Equity Fund has returned a striking since in 2002.
- This rate of performance is really great for a large-cap mutual fund.
- Added very useful fund by this AMC is Birla Sun Life Tax Relief 96.
- This fund is an ELSS fund and assists people to save tax under Section 80C.
Read More about Aditya Birla mutual fund
The Birla Sun Life Mutual Fund has various schemes in terms of equity, debt, large-cap and short-term mutual funds. The name of 10 best performing schemes are :
Birla Sun Life Mutual Fund |
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Aditya Birla Sun Life Balanced 95 Fund – Regular – Growth |
UTI Mutual Fund
- UTI Mutual Fund was created out of the former Unit Trust of India as a SEBI listed mutual fund from 1 February 2003.
- The comes in at 6th position as mutual fund houses in India with an AU.
- UTI was established in 1963 and was India’s 1st asset management company.
- This AMC offers a very great 1399 mutual funds to pick from.
- As an AMC, UTI Mutual Fund has returned a price great over 15% over the 3 decades it has been in continuation.
- It is very good for a large-cap fund.
Must Read more about UTI mutual fund
The UTI Mutual Fund has various schemes in terms of equity, debt, large-cap and short-term mutual funds. The name of 10 best performing schemes are :
UTI Mutual Fund |
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The above 5 are leading mutual fund house in India that renders great deals in mutual fund services are under the regulatory body.
Conclusion
Mutual funds are 1 of the greatest investment choices for retail investors. Mutual funds enable investors to receive greater returns due to the appearance of a diversified portfolio of stocks or bonds for a small amount with WealthBucket along with professional management of funds.
We also provide great-in-deal mutual fund services. For knowing the services of mutual fund do visit our website WealthBucket.We render several services in a mutual fund like equity funds, small-cap funds or multi-cap funds, Short Term Mutual Funds and many more.
You can either call us on +91 9999379929 or email us at contact@wealthbucket.in.For any help regarding our mutual fund service hassle-free call or mail us.
A happy customer is our priority!
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