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Topic : Dreams of Getting Rich
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Started by : Ekta Dutta, Hedge Fund Analyst/Trader, ING Vysya Bank   06 14 2010 03:50:01 +0000
Industry : Asset ManagementFunctional Area : Getting Rich(Others)
Activity:  66 views;  last activity : 07 06 2010 20:18:09 +0000

The Indian asset management industry has seen a steady asset growth over the past few years, though there certainly have been some rough patches. After the setback due to the recent recession, the mutual fund industry in India is recovering slowly. The industry is dominated by the institutional investors. Like hundreds of mutual funds, there are a number of asset management companies in India as well.

Among those, there are some Indian companies as well as some foreign/joint venture companies. However, Indian players are outperforming the foreign counterparts in every area, viz. revenues, assets, and profitability.


So, who is the bull in the AMC segment in India??

 
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1 2 3 4 5
1 Reliance
2 HDFC - With 30 Rated Funds
3 HDFC, of course
4 LIC
5 brila sunlife mutual funds
6 How about "Kotak"?

Reliance

idea posted by Ekta Dutta Hedge Fund Analyst/Trader, ING Vysya Bank

According to me Reliance is the most productive asset managemnt company in India. They have a simple funda ---- Give us 1Rs. & take home 20Rs.

So, the way they manage & generate revenue is worth investing with them. Thus, Relaince is the best AMC company in India till now & continues to be...

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I support for Reliance.

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Asset management for what? Whether from the shareholder's perspective or from the perspective of the investors of Mutual Funds?

It is too early to judge without making a detailed survey, as there are several criteria to judge the the performance of the AMC.

Add your argument:

HDFC - With 30 Rated Funds

idea posted by Vipin Bhasin Private Equity/Hedge Fund/VC-Manager, Indian Investment Co.

In case of Mutual funds it is not easy to say that which is better if we have no criteria to comparison.

However if we calculate on the basis of total AAUM then Reliance is No.1 with approx Rs. 119000 crore as comaprable with HDFC approx. Rs. 100000 cr.

But if we talking about performance of funds then HDFC have approx 30 rated funds as comparable to reliance have only 20 Numbers. Out of these 30s, 24 funds of HDFC having 3star(12) & 4star(12) rating. The rating is calculated on the basis of overall performance given by funds to retail investors.

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HDFC, of course

idea posted by Srikanth Shankar Matrubai Advisor/Outside Consultant, http://goodfundsadvisor.blogspot.com

When you are talking about the Best AMC, it should cover all types of investors across the ladder.

This covers retirees, students, housewives, risk averse, in fact investors across the spectrum.

Reliance, fails in this aspect, because when the markets tank, their funds more often than not, fall faster and more than the benchmark. And, if an investor in Reliance, needs his money exactly at this point of time, then all the previous above average returns will be of little value.

 

HDFC scores in this aspect. Their funds may not lead the pack during the bull run, but they give sufficiently better returns than the Benchmark, which is what a Fund should be doing in the first place.

And most importantly, during the Bear periods too, they fall much lower than the Benchmark and deliver outperformance here too.

 

Thus, HDFC Mutual fund is a 'no surprise' fund AMC and wins my vote as the BEST AMC in India

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idea posted by Jyoti CHETANI Freelancer, Equity Research/Analytics

LIC is the major largest PSU AMC.

The factor is trust and no hidden clauses  as of PVT. LIC having the best credintials that they are always in huge liquidity aheads at the bear equity phases and and in recessions.

I feel major PVT crooks / players in the feild look for their own personal charm first thereafter investor, if left with some residue.

Hence LIC.

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brila sunlife mutual funds

idea posted by manikanta raj Deputy Manager Finance, project financing, leading Financing company

Because Birla Sun Life Mutual Fund follows a conservative long-term approach to investment, which is based on identifying companies that have good credit-worthiness and are fundamentally strong.It places a lot of emphasis on quality of management and risk control.This is done through extensive analysis that includes factory visits and field research.

It has one of the largest team of research analysts in the industry. The company is one of India's leading, private mutual funds with a large customer base. It has been recognised nationally with coveted awards in past ten years.

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How about "Kotak"?

idea posted by Kaustabh Basu Consultant, Hewlett-Packard
i think they are doing a pretty good job.....
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