Mutual Fund Houses (AMCs) in India

This directory covers every Asset Management Company (AMC) in India — 40-plus fund houses from giants like SBI, ICICI Prudential and HDFC to newer entrants — with each house's total assets under management, number of schemes and top funds. Click any AMC to see its full lineup.

What an AMC actually is

An AMC is the SEBI-regulated company that manages a mutual fund's money on behalf of its trustees. The structure is deliberately layered for safety: a sponsor sets up the fund, an independent trustee oversees it, the AMC manages investments, and a separate custodian holds the securities. Your units are not a deposit with the AMC — the portfolio is held apart from the AMC's own balance sheet. Understand the size dimension via what AUM means.

Does the fund house matter?

• Bigger is not automatically better. Scale brings process and stability, but some of the strongest recent track records came from smaller houses. Judge the fund, not just the brand — the screener lets you filter by AMC and compare on returns, risk and cost.
• Consistency of process — manager tenure and clarity of mandate — matters more than logo familiarity. Check who runs what in the fund manager directory.
• Costs vary by house for near-identical products, especially index funds. See expense ratio and our ranking methodology for why cost is one of our three scoring pillars.

Frequently asked questions

What is an AMC in mutual funds?

The Asset Management Company — the professional manager that invests the pooled money of a mutual fund under SEBI regulation, charging a disclosed expense ratio for the service.

Is my money safe if an AMC shuts down or is sold?

Scheme assets are held by a custodian under trustee oversight, separate from the AMC's own finances. If an AMC exits the business, schemes are transferred to another fund house or wound up with proceeds returned at NAV — investors keep ownership of the portfolio throughout.

Should I diversify across fund houses?

Spreading across two or three houses reduces exposure to any single team's decisions. Beyond that, more houses usually adds overlap rather than diversification — check your actual overlap in Compare.