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A. Bank Sponsored
1. Joint Ventures - Predominantly Indian
- Canara Robeco Asset Management Company Limited
- SBI Funds Management Private Limited
2. Joint Ventures - Predominantly Foreign
- Baroda Pioneer Asset Management Company Limited
3. Others
- UTI Asset Management Company Ltd
B. Institutions
- LIC Mutual Fund Asset Management Company Limited
C. Private Sector
1. Indian
- Axis Asset Management Company Ltd.
- Benchmark Asset Management Company Pvt. Ltd.
- DBS Cholamandalam Asset Management Ltd.
- Deutsche Asset Management (India) Pvt. Ltd.
- Edelweiss Asset Management Limited
- Escorts Asset Management Limited
- IDFC Asset Management Company Private Limited
- JM Financial Asset Management Private Limited
- Kotak Mahindra Asset Management Company Limited(KMAMCL)
- Quantum Asset Management Co. Private Ltd.
- Reliance Capital Asset Management Ltd.
- Religare Asset Management Company Ltd.
- Sahara Asset Management Company Private Limited
- Tata Asset Management Limited
- Taurus Asset Management Company Limited
2. Foreign
- AIG Global Asset Management Company (India) Pvt. Ltd.
- FIL Fund Management Private Limited
- Fortis Investment Management (India) Pvt. Ltd.
- Franklin Templeton Asset Management (India) Private Limited
- Goldman Sachs Asset Management (India) Private Limited
- Mirae Asset Global Investments (India) Pvt. Ltd.
3. Joint Ventures - Predominantly Indian
- Birla Sun Life Asset Management Company Limited
- DSP BlackRock Investment Managers Private Limited
- HDFC Asset Management Company Limited
- ICICI Prudential Asset Mgmt.Company Limited
- Religare AEGON Asset Management Company Pvt. Ltd.
- Sundaram BNP Paribas Asset Management Company Limited
4. Joint Ventures - Predominantly Foreign
- Bharti AXA Investment Managers Private Limited
- HSBC Asset Management (India) Private Ltd.
- ING Investment Management (India) Pvt. Ltd.
- JPMorgan Asset Management India Pvt. Ltd.
- Morgan Stanley Investment Management Pvt.Ltd.
- Principal Pnb Asset Management Co. Pvt. Ltd.
- Shinsei Asset Management (India) Pvt. Ltd.
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Who is the controlling authority for mutual funds?
The Securities and Exchanges Board of India SEBI and The Association of Mutual Funds in India (AMFI) control the Mutual Funds in India
Is income from mutual funds are taxable in India?
No.
Where can one find a list of mutual funds?
One can read the latest finance stories and find a list of mutual funds at the USA Today website. Charles Schwab also lists mutual funds on his website.
Where can a person find a listing of the top 10 best performing mutual funds?
To find a list of the top 10 best performing mutual funds, go and visit the website of CNNMoney. They have loads of great recommendations for mutual funds.
What is the current net asset of mutual funds?
In India: 6.81 Crore Lakh Rupees
Who is the controlling authority for mutual funds?
The Securities and Exchanges Board of India SEBI and The Association of Mutual Funds in India (AMFI) control the Mutual Funds in India
Is income from mutual funds are taxable in India?
No.
Where can one find a list of mutual funds?
One can read the latest finance stories and find a list of mutual funds at the USA Today website. Charles Schwab also lists mutual funds on his website.
How many mutual fund companies in India?
the he number of Companies in India have increased at an impressive rate in the last few decades. Most of the Indian Companies have tasted tremendous success due to the massive industrialization that has taken place. More and more foreign companies are either holding hands with some of the Companies in India by entering into a partnership with them or they are building up their own offices and branches in India. The various Companies in India like the Engineering Companies in India , Software Companies in India , Food & Beverage Companies in India , Iron & Steel Companies in India , Pharmaceutical Companies in India and many others are helping in the speedy development of the Indian economy.
What does AMFI stands for?
Association of Mutual Funds in India
What is AMFI?
Association of Mutual Funds of India(AMFI)
Why mutual funds are not popular in south India?
Unfortunately this is a Myth. Mutual Funds are very popular in South India and even investors from Rural Areas are starting to invest in MFs
How many mutual funds are in India?
in India there is almost 34 mutual fund houses are active as on APRIL 2008 gmrpraveen@gmail.com
What service does Mutual Funds in India provide?
The Mutual Funds Group of India offer global marketing and portfolio management. This group also deals in selling of properties to internationally based companies.
Is ok to invest in State bank of India Mutual Funds?
Yes. SBI Mutual Funds is a profitable and well performing mutual fund company in India. However all funds offered by SBI are not performing greatly so, you must look at the funds prospectus, offer document and past performance before taking your investment decision.
Where can a person find a listing of the top 10 best performing mutual funds?
To find a list of the top 10 best performing mutual funds, go and visit the website of CNNMoney. They have loads of great recommendations for mutual funds.
Who is the number one mutual fund company in India?
No one fund house can claim to be the number one fund company in India. The top few fund houses could be either of the below 3 fund houses: 1. SBI Magnum Mutual Funds 2. HDFC Mutual Funds 3. ICICI Prudential Mutual Funds
