answersLogoWhite

0


Best Answer

Yes they can. Most large AMC's have multiple types and categories of funds. For ex:

ICICI AMC has many types of funds under their governance some are:

  • ICICI Tax saver
  • ICICI Infrastructure fund
  • ICICI Discovery fund
  • ICICI Banking sector fund
  • etc.
User Avatar

Wiki User

14y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Can an asset management company can have multiple mutual fund under their name?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Finance

List of mutual funds in India?

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. Pasted from <http://www.amfiindia.com/amfimembers.aspx>


What is an asset management fee?

The Asset Management Company (AMC) as the Investment Manager of the Mutual Fund charges a fee for portfolio management. The fee charged on an annual basis is calculated as a percentage of net assets under management. Reliance Mutual Fund house charges nominal charges as compared to other fund houses.


What services does TD Asset Management provide?

TD Asset Management is an investment management firm that manages financial portfolios. They offer mutual funds and their services are available to all kinds of investors, from private to commercial.


What are the top asset management companies?

There are many asset management companies. Some of the top asset management companies are Capital Group Companies, Vanguard Investments, Sanford C. Bernstein and Company, SG Asset Management, Newton Fund Managers Ltd.


What is asset management decision?

Hi, Asset management decision is that decision taken to manage the overall assets of a company. Company runs on assets and managing the assets effectively is one of the vital operation that the management has to do. Taking combine decision of the superior authorities regarding assets that how to manage and fit each company's asset is known as assets management decision. Thanks

Related questions

Who is the owner of the religare mutual fund?

Religare Asset Management company is the owner of Religare Mutual Funds.


Who determines the investment policies of the mutual fund?

The Fund Manager and the Asset Management Company


Who elects the portfolio manager of a mutual fund?

A Portfolio Manager or a Fund Manager for a Mutual Fund is not elected but Selected by the Asset Management Company


List of mutual funds in India?

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. Pasted from <http://www.amfiindia.com/amfimembers.aspx>


What is the mutual fund stock management?

Mutual fund stock management is the activity of buying and selling stocks as part of the money invested by customers in a fund. It is usually done by the fund manager and supervised by the asset management company


What is an asset management fee?

The Asset Management Company (AMC) as the Investment Manager of the Mutual Fund charges a fee for portfolio management. The fee charged on an annual basis is calculated as a percentage of net assets under management. Reliance Mutual Fund house charges nominal charges as compared to other fund houses.


What is a mutual funds manager?

Mutual Fund Manager is a Persona in Asset Management Company (AMC), who handles all the Mutual Fund Investments, Who handles all the money of investors which has been invested in Mutual Funds.


How many mutal funds in India?

There are a lot of mutual fund houses in India. Some of the significant ones are:HDFC Asset Management CompanyICICI PrudentialUTISBISundaram BNP ParibasKotakReligare Asset Management CompanyReliance Mutual fundsPrincipal Mutual fundsetc.


Background of asset mgmt cos?

An 'Asset Management Company' is an investment management firm that invests the pooled funds of retail investors in securities in line with the stated investment objectives. For a fee, the investment company provides more diversification, liquidity, and professional management consulting service than is normally available to individual investors. Mutual fund houses are a common example of asset management companies.


What was the largest mutual fund in 1997?

Fidelity Investments, led by its flagship Magellan fund, was the leading fund management company by 1997 asset size.


What company would need an asset management system?

There are many companies that would need an asset management system as is can help save money for the company. If the company is a public institute or a school then it would be very beneficial to use an asset management system.


What services does TD Asset Management provide?

TD Asset Management is an investment management firm that manages financial portfolios. They offer mutual funds and their services are available to all kinds of investors, from private to commercial.