Mutual Funds
Each one of us wants maximum return on our investments. However to do so, one has to track stock market on daily basis. This can be time consuming and confusing as well. You would need lot of time & expertise to decide which stock to buy and when to sell. A lot of people take chances but only some get lucky. This is where Mutual funds comes in handy. Each fund house has a team of professional manager and research analyst who choose suitable investments suiting the objectives of the scheme by continuously analysing the performance and prospects of different companies. Each fund house offers a variety of schemes to suit every investor needs. By investing money in equities through mutual funds, an investor gets the benefit of diversification. Diversification lowers risk of loss by spreading money across various industries and geographic regions. Investments held by investors for a period of 12 months or more qualify for capital gains and are taxed accordingly. These investments also get the benefit of indexation. The performance of a mutual fund is reviewed by various publications and rating agencies, making it easy for investors to compare fund to another. As a unit holder, one has access to daily NAV’s, information on fund’s holding and the fund manager strategy.List of Asset Management Companies (AMC's) offfering different categories of Mutual Funds in India :-
• AXIS Asset Management Co. Ltd.
• Baroda Pioneer Asset Management Company Limited
• Bharti AXA Investment Manager Private Ltd.
• Birla Sun Life Asset Management Company Limited
• BNP Paribas Asset Management (India) Private Limited
• Canara Robeco Asset Management Company Ltd.
• Deutsche Asset Management (India) Pvt. Ltd.
• Daiwa Asset Management (India) Private Limited
• DSP BlackRock Investment Managers Private Limited
• Edelweiss Asset Management Limited
• Escorts Asset Management Limited
• Fidelity Fund Management Private Limited
• Franklin Templeton Asset Management (India) Private Limited
• Goldman Sachs
• HDFC Asset Management Company Limited
• HSBC Asset Management (India) Private Ltd.
• ICICI Prudential Asset Management Company Ltd.
• IDBI Asset Management Limited.
• IDFC Asset Management Company Ltd.
• INDBULLS Asset Management Company Limited.
• ING Investment Management (India) Pvt. Ltd.
• India Infoline Asset Management Company Limited
• JM Financial Asset Management Private Limited
• J P Morgan Mutual Fund
• Kotak Mahindra Asset Management Company Limited
• L&T Investment Management Limited
• LIC Nomura Mutual Fund Asset Management Company Limited
• Mirae Asset Global Investment Management (India) Pvt.Ltd.
• Morgan Stanley Investment Management Pvt Ltd
• Motilal Oswal Asset Management Company Limited
• Peerless Funds Management Co.Ltd.
• PineBridge Investments Asset Management Company (India) Private Limited
• PPFAS Asset Managers Private Limited
• Pramerica Asset Managers Private Limited
• Principal Pnb Asset Management Co. Pvt. Ltd.
• Quantum Asset Management Co. Private Ltd.
• Reliance Capital Asset Management Ltd.
• Religare Invesco Asset Management Co. Private Ltd.
• Sahara Asset Management Company Private Limited
• SBI Funds Management Private Limited
• Sundaram BNP Paribas Asset Management Company Limited
• Tata Asset Management Limited
• Taurus Asset Management Company Limited
• Union KBC Asset Management Co Pvt Limited
• UTI Asset Management Company Limited