Explore the top 10 mutual fund companies in India, including their investment strategies, key offerings, performance, and unique features. Stay informed about the best options for your investment portfolio. India’s mutual fund industry has grown significantly over the past few years, offering a diverse range of investment options to cater to various investor needs. This article delves into the top 10 mutual fund companies in India, highlighting their strengths, key offerings, performance metrics, and unique features that set them apart.
Table of Contents
1. SBI Mutual Fund
| Aspect | Details |
|---|---|
| Overview | SBI Mutual Fund, a subsidiary of State Bank of India, is one of the largest and most trusted mutual fund houses in India. It has a robust presence in both urban and rural areas, providing a wide range of investment products. |
| Founded | 1987 |
| Assets Under Management | Over ₹5 lakh crore |
| Types of Funds | Equity Funds, Debt Funds, Hybrid Funds |
| Popular Funds | SBI Bluechip Fund, SBI Magnum Multicap Fund |
| Performance | Consistently strong returns across various market cycles |
| Unique Features | Extensive distribution network, Strong research and fund management team, Focus on investor education and awareness |
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SBI Mutual Fund, a subsidiary of State Bank of India, is one of the largest and most trusted mutual fund houses in India. It has a robust presence in both urban and rural areas, providing a wide range of investment products.
Key Offerings
- Equity Funds: SBI Bluechip Fund, SBI Magnum Multicap Fund
- Debt Funds: SBI Magnum Income Fund, SBI Dynamic Bond Fund
- Hybrid Funds: SBI Equity Hybrid Fund, SBI Debt Hybrid Fund
Performance
SBI Mutual Fund has consistently delivered strong returns across various market cycles, with several funds outperforming their benchmarks.
Unique Features
- Extensive distribution network
- Strong research and fund management team
- Focus on investor education and awareness
2. HDFC Mutual Fund
| Aspect | Details |
|---|---|
| Overview | HDFC Mutual Fund is renowned for its consistent performance and wide range of investment products. It caters to both retail and institutional investors with a focus on long-term wealth creation. |
| Founded | 2000 |
| Assets Under Management | Over ₹4.5 lakh crore |
| Types of Funds | Equity Funds, Debt Funds, Hybrid Funds |
| Popular Funds | HDFC Equity Fund, HDFC Top 100 Fund |
| Performance | Strong performance in equity and hybrid funds, resilient in volatile markets |
| Unique Features | Strong brand reputation, Experienced fund management team, Comprehensive investor services |
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HDFC Mutual Fund is renowned for its consistent performance and wide range of investment products. It caters to both retail and institutional investors with a focus on long-term wealth creation.
Key Offerings
- Equity Funds: HDFC Equity Fund, HDFC Top 100 Fund
- Debt Funds: HDFC Short Term Debt Fund, HDFC Corporate Bond Fund
- Hybrid Funds: HDFC Balanced Advantage Fund, HDFC Hybrid Equity Fund
Performance
HDFC Mutual Fund’s equity and hybrid funds have shown resilience and strong performance, especially in volatile markets.
Unique Features
- Strong brand reputation
- Experienced fund management team
- Comprehensive investor services
3. ICICI Prudential Mutual Fund
| Aspect | Details |
|---|---|
| Overview | ICICI Prudential Mutual Fund is a leading player in the Indian mutual fund industry, known for its innovative products and customer-centric approach. It is a joint venture between ICICI Bank and Prudential Plc. |
| Founded | 1993 |
| Assets Under Management | Over ₹4 lakh crore |
| Types of Funds | Equity Funds, Debt Funds, Hybrid Funds |
| Popular Funds | ICICI Prudential Bluechip Fund, ICICI Prudential Multi-Asset Fund |
| Performance | Well-regarded for balanced advantage and multi-asset funds, strong risk management |
| Unique Features | Innovative investment solutions, Strong risk management framework, Comprehensive digital platform |
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ICICI Prudential Mutual Fund is a leading player in the Indian mutual fund industry, known for its innovative products and customer-centric approach. It is a joint venture between ICICI Bank and Prudential Plc.
Key Offerings
- Equity Funds: ICICI Prudential Bluechip Fund, ICICI Prudential Multi-Asset Fund
- Debt Funds: ICICI Prudential Savings Fund, ICICI Prudential Corporate Bond Fund
- Hybrid Funds: ICICI Prudential Balanced Advantage Fund, ICICI Prudential Equity & Debt Fund
Performance
ICICI Prudential Mutual Fund’s balanced advantage and multi-asset funds are particularly well-regarded for their performance and risk management.
Unique Features
- Innovative investment solutions
- Strong risk management framework
- Comprehensive digital platform
4. Aditya Birla Sun Life Mutual Fund
| Aspect | Details |
|---|---|
| Overview | Aditya Birla Sun Life Mutual Fund, a joint venture between Aditya Birla Group and Sun Life Financial Inc., is known for its strong research capabilities and diverse investment options. |
| Founded | 1994 |
| Assets Under Management | Over ₹3.5 lakh crore |
| Types of Funds | Equity Funds, Debt Funds, Hybrid Funds |
| Popular Funds | Aditya Birla Sun Life Frontline Equity Fund, Aditya Birla Sun Life Equity Fund |
| Performance | Consistent returns, particularly in equity and hybrid funds |
| Unique Features | Strong focus on research and analysis, Wide range of product offerings, Strong customer support services |
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Aditya Birla Sun Life Mutual Fund, a joint venture between Aditya Birla Group and Sun Life Financial Inc., is known for its strong research capabilities and diverse investment options.
Key Offerings
- Equity Funds: Aditya Birla Sun Life Frontline Equity Fund, Aditya Birla Sun Life Equity Fund
- Debt Funds: Aditya Birla Sun Life Corporate Bond Fund, Aditya Birla Sun Life Short Term Fund
- Hybrid Funds: Aditya Birla Sun Life Equity Hybrid ’95 Fund, Aditya Birla Sun Life Balanced Advantage Fund
Performance
The fund house has a track record of delivering consistent returns, particularly in equity and hybrid funds.
Unique Features
- Strong focus on research and analysis
- Wide range of product offerings
- Strong customer support services
5. Axis Mutual Fund
| Aspect | Details |
|---|---|
| Overview | Axis Mutual Fund, part of Axis Bank, has quickly established itself as a leading mutual fund company in India. It is known for its focused investment strategy and strong performance. |
| Founded | 2009 |
| Assets Under Management | Over ₹2.5 lakh crore |
| Types of Funds | Equity Funds, Debt Funds, Hybrid Funds |
| Popular Funds | Axis Bluechip Fund, Axis Long Term Equity Fund |
| Performance | Outperformed benchmarks in equity funds, popular among investors |
| Unique Features | Focused investment approach, Strong fund management team, Robust digital platform for investors |
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Axis Mutual Fund, part of Axis Bank, has quickly established itself as a leading mutual fund company in India. It is known for its focused investment strategy and strong performance.
Key Offerings
- Equity Funds: Axis Bluechip Fund, Axis Long Term Equity Fund
- Debt Funds: Axis Short Term Fund, Axis Banking & PSU Debt Fund
- Hybrid Funds: Axis Equity Hybrid Fund, Axis Triple Advantage Fund
Performance
Axis Mutual Fund’s equity funds have consistently outperformed benchmarks, making it a popular choice among investors.
Unique Features
- Focused investment approach
- Strong fund management team
- Robust digital platform for investors
6. Kotak Mahindra Mutual Fund
| Aspect | Details |
|---|---|
| Overview | Kotak Mahindra Mutual Fund is a part of Kotak Mahindra Bank and is known for its innovative products and strong performance across various market conditions. |
| Founded | 1998 |
| Assets Under Management | Over ₹2 lakh crore |
| Types of Funds | Equity Funds, Debt Funds, Hybrid Funds |
| Popular Funds | Kotak Standard Multicap Fund, Kotak Emerging Equity Fund |
| Performance | Strong performance in equity and debt categories, focus on risk-adjusted returns |
| Unique Features | Innovative investment solutions, Strong research and analysis capabilities, Comprehensive investor support |
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Kotak Mahindra Mutual Fund is a part of Kotak Mahindra Bank and is known for its innovative products and strong performance across various market conditions.
Key Offerings
- Equity Funds: Kotak Standard Multicap Fund, Kotak Emerging Equity Fund
- Debt Funds: Kotak Bond Fund, Kotak Savings Fund
- Hybrid Funds: Kotak Equity Hybrid Fund, Kotak Debt Hybrid Fund
Performance
Kotak Mahindra Mutual Fund has demonstrated strong performance in both equity and debt categories, with a focus on risk-adjusted returns.
Unique Features
- Innovative investment solutions
- Strong research and analysis capabilities
- Comprehensive investor support
7. UTI Mutual Fund
| Aspect | Details |
|---|---|
| Overview | UTI Mutual Fund, one of the oldest and most respected mutual fund companies in India, offers a diverse range of investment products catering to different investor needs. |
| Founded | 1963 |
| Assets Under Management | Over ₹1.75 lakh crore |
| Types of Funds | Equity Funds, Debt Funds, Hybrid Funds |
| Popular Funds | UTI Equity Fund, UTI Nifty Index Fund |
| Performance | Long history of consistent performance, strong presence in equity and debt markets |
| Unique Features | Extensive market experience, Wide range of product offerings, Strong distribution network |
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UTI Mutual Fund, one of the oldest and most respected mutual fund companies in India, offers a diverse range of investment products catering to different investor needs.
Key Offerings
- Equity Funds: UTI Equity Fund, UTI Nifty Index Fund
- Debt Funds: UTI Bond Fund, UTI Short Term Income Fund
- Hybrid Funds: UTI Hybrid Equity Fund, UTI Multi Asset Fund
Performance
UTI Mutual Fund has a long history of delivering consistent performance, with a strong presence in both equity and debt markets.
Unique Features
- Extensive market experience
- Wide range of product offerings
- Strong distribution network
8. Franklin Templeton Mutual Fund
| Aspect | Details |
|---|---|
| Overview | Franklin Templeton Mutual Fund, part of the global Franklin Templeton Investments, is known for its research-driven approach and global expertise. |
| Founded | 1996 |
| Assets Under Management | Over ₹1.5 lakh crore |
| Types of Funds | Equity Funds, Debt Funds, Hybrid Funds |
| Popular Funds | Franklin India Bluechip Fund, Franklin India Prima Fund |
| Performance | Disciplined investment process, strong performance in equity and debt categories |
| Unique Features | Global investment expertise, Strong research capabilities, Comprehensive investor services |
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Franklin Templeton Mutual Fund, part of the global Franklin Templeton Investments, is known for its research-driven approach and global expertise.
Key Offerings
- Equity Funds: Franklin India Bluechip Fund, Franklin India Prima Fund
- Debt Funds: Franklin India Short Term Income Plan, Franklin India Ultra Short Bond Fund
- Hybrid Funds: Franklin India Equity Hybrid Fund, Franklin India Debt Hybrid Fund
Performance
The fund house is known for its disciplined investment process and strong performance in both equity and debt categories.
Unique Features
- Global investment expertise
- Strong research capabilities
- Comprehensive investor services
9. DSP Mutual Fund
| Aspect | Details |
|---|---|
| Overview | DSP Mutual Fund, a part of DSP Group, offers a wide range of investment products and is known for its focus on research and disciplined investment process. |
| Founded | 1996 |
| Assets Under Management | Over ₹1.25 lakh crore |
| Types of Funds | Equity Funds, Debt Funds, Hybrid Funds |
| Popular Funds | DSP Equity Fund, DSP Midcap Fund |
| Performance | Consistent performance across various market cycles, focus on long-term wealth creation |
| Unique Features | Strong research and analysis team, Focus on long-term wealth creation, Robust digital platform |
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DSP Mutual Fund, a part of DSP Group, offers a wide range of investment products and is known for its focus on research and disciplined investment process.
Key Offerings
- Equity Funds: DSP Equity Fund, DSP Midcap Fund
- Debt Funds: DSP Savings Fund, DSP Bond Fund
- Hybrid Funds: DSP Equity & Bond Fund, DSP Dynamic Asset Allocation Fund
Performance
DSP Mutual Fund has shown consistent performance across various market cycles, particularly in equity and hybrid funds.
Unique Features
- Strong research and analysis team
- Focus on long-term wealth creation
- Robust digital platform
10. Nippon India Mutual Fund
| Aspect | Details |
|---|---|
| Overview | Nippon India Mutual Fund, previously known as Reliance Mutual Fund, is one of the largest asset management companies in India, offering a diverse range of investment products. |
| Founded | 1995 |
| Assets Under Management | Over ₹1 lakh crore |
| Types of Funds | Equity Funds, Debt Funds, Hybrid Funds |
| Popular Funds | Nippon India Growth Fund, Nippon India Small Cap Fund |
| Performance | Strong track record of delivering competitive returns, especially in equity and hybrid funds |
| Unique Features | Wide range of investment options, Strong distribution network, Focus on investor education |
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Nippon India Mutual Fund, previously known as Reliance Mutual Fund, is one of the largest asset management companies in India, offering a diverse range of investment products.
Key Offerings
- Equity Funds: Nippon India Growth Fund, Nippon India Small Cap Fund
- Debt Funds: Nippon India Short Term Fund, Nippon India Liquid Fund
- Hybrid Funds: Nippon India Equity Hybrid Fund, Nippon India Balanced Advantage Fund
Performance
Nippon India Mutual Fund has a strong track record of delivering competitive returns, especially in its equity and hybrid funds.
Unique Features
- Wide range of investment options
- Strong distribution network
- Focus on investor education
These top 10 mutual fund companies in India offer a wide range of investment options to cater to diverse investor needs. Each fund house brings unique strengths, from strong research capabilities and innovative products to robust digital platforms and comprehensive investor services. By understanding their key offerings, performance, and unique features, investors can make informed decisions to build a well-rounded investment portfolio.
FAQs on Top 10 Mutual Fund Companies in India :
Which company mutual fund is best in India?
Determining the “best” mutual fund company in India depends on various factors such as performance, fund offerings, investor services, and suitability to investor goals. Some of the top mutual fund companies in India based on their reputation and assets under management include SBI Mutual Fund, HDFC Mutual Fund, ICICI Prudential Mutual Fund, Aditya Birla Sun Life Mutual Fund, and Axis Mutual Fund.
What is a 5 star mutual fund?
A 5-star mutual fund is a rating given by independent agencies like Morningstar or CRISIL based on the fund’s historical performance compared to its peers. A 5-star rating indicates that the mutual fund has consistently performed well relative to similar funds over a period of time.
What are the top 5 performing mutual funds?
The top-performing mutual funds can vary based on different time periods and market conditions. However, as of recent evaluations, some of the top-performing mutual funds in India have included funds like:
- Axis Bluechip Fund
- Mirae Asset Large Cap Fund
- SBI Bluechip Fund
- Aditya Birla Sun Life Frontline Equity Fund
- ICICI Prudential Bluechip Fund
Which is the largest mutual fund company in India?
As of recent data, the largest mutual fund company in India by assets under management is SBI Mutual Fund.
Which SIP gives 40% return in India?
Achieving a 40% return through SIPs (Systematic Investment Plans) is not typical and depends heavily on market conditions and the performance of the underlying investments. High returns are generally associated with high-risk investments, such as small-cap or sector-specific funds, and they can vary widely year to year.
Which MF gives the highest return?
The mutual fund that gives the highest return can vary over time and depends on market conditions. Equity funds, especially those focused on high-growth sectors or mid-cap/small-cap companies during bullish phases, often offer higher returns. However, they also come with higher risk.
Which mutual fund is rank 1 in India?
Rankings of mutual funds can vary based on different criteria (like returns, asset size, etc.) and different rating agencies. However, SBI Bluechip Fund, Axis Bluechip Fund, and Mirae Asset Large Cap Fund have been highly ranked in various categories.
Which fund has the highest return?
Funds with the highest returns typically include those focused on sectors that are performing well in the market. For example, technology funds during tech booms, or funds that invest in emerging markets during growth periods.
Which mutual fund pays the highest?
Mutual funds distribute earnings to shareholders in the form of dividends or capital gains distributions. High-paying funds often include those that invest in high-yield bonds or dividend-paying stocks.
What is the safest mutual fund?
The safety of a mutual fund depends on its investment objective and the risk profile of its underlying investments. Generally, debt funds and large-cap equity funds are considered safer compared to mid-cap or sector-specific funds.
What are the three largest mutual funds?
The three largest mutual funds globally are Vanguard Total Stock Market Index Fund (USA), Fidelity 500 Index Fund (USA), and Vanguard Institutional Index Fund (USA).
How to pick a mutual fund?
When choosing a mutual fund, consider these factors:
- Investment Goals: Align the fund’s objective with your financial goals.
- Risk Tolerance: Assess your risk tolerance and choose funds that match it.
- Performance: Evaluate historical performance relative to peers and benchmarks.
- Expense Ratio: Lower expense ratios are generally preferable.
- Fund Manager: Research the fund manager’s track record and experience.
- Diversification: Ensure the fund’s holdings are diversified across sectors and asset classes.
