Top Asset Management Firms in India

Following are the top leading asset management firms/companies in India:

Reliance Capital - It is one of India's leading and most valuable financial services companies in the private sector. The company has interests in asset management and mutual fund; life and general insurance; commercial finance; stock broking; depository services; private equity and proprietary investments; exchanges, asset reconstruction; distribution of financial products and other activities in financial services. Reliance Capital has a net worth of Rs. 8,126 crore (US$ 2 billion) and total assets of Rs. 30,393 crore (US$ 7 billion) as on December 31, 2010. Reliance Mutual Fund is India's largest Mutual Fund.

Canara Robeco Asset Management Company Limited (CRAMC) - It manages the assets of Canara Robeco Mutual Fund by virtue of an investment management agreement dated 16th June 1993 (as amended from time to time). Canara Robeco Mutual Fund is the oldest Mutual Fund in India, established in December 1987 as Canbank Mutual Fund.

Birla Sun Life Asset Management Company Limited - It is one of the top 5 AMCs based on average Assets Under Management (AUM), has been adjudged the "Best Debt Fund House" at the Outlook Money Awards 2010. In addition, it was adjudged the best "Asset Management Company, India‟ by the Asset magazine, Hong Kong, as a part of their Triple A investment Performance Awards 2010.

Deutsche Asset Management (DeAM) - It is one of the world's largest investment management organisations. Established in 2002, DeAM, India covers marketing, client servicing and fund management. Its product portfolio consists of range of equity and debt schemes with Assets Under Management of Rs 8076.57 crores (as on January 2011).

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Kelvin Wong Loke Yuen is a highly experienced education writer. He has obtained many certifications from the UK, USA, Australia and Canada, including an MBA and a Postgraduate Diploma from Heriot-Watt (UK's World-Class University) and a BCom degree from Adelaide (Australia’s Group of Eight University). Follow him on: LinkedIn