top investment companies

7/29/2019 Top Investment Companies

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http://ir.kotak.com/financials/annual-report-07-08

http://www.onemint.com/2012/08/21/best-company-fixed-deposits-returns-wise-safety-wise-be-wise/

Top six investment companies in India:

Bajaj Allianz

HSBC Asset Management India Private Limited

SMC Investment Solutions and Services

Shah Financial Group

Stanrose Mafatlal Investment and Finance Limited

Tata Investment Corporation Limited

Here are some of the details regarding these top companies in the investment sector in India:

Bajaj Allianz:

This company is a collaboration between Bajaj Allianz Life Insurance Company limited and

Bajaj Finsery and Allianz SE and this is an international known asset management company with

a wealth of more than trillion dollars. They are offering their service to more than 70 countriesand they are also known as the fastest growing insurance consultants in the world. They are

offering a wide range of customized services to their customers.

HSBC Asset Management India Private Limited:

This company with its headquarters in Mumbai has an excellent track record as a leading fund

management company in the world. They offer all inclusive range of investment management

services to the people belonging not only to India, but also to other countries as well. They areoffering a wide range of investment management services like portfolio management, mutual

fund, etc and they are dedicated to executing steady endowment performance.

SMC Investment Solutions and Services:

This company is a recognized name among the fiscal service providers in India and they areoffering investment solutions to people belonging to different parts of the country. They haverecently expanded their business operations abroad as well and at present they have branches in

over 350 Indian cities with more than 1500 branches.

Shah Financial Group:
http://ir.kotak.com/financials/annual-report-07-08http://ir.kotak.com/financials/annual-report-07-08http://www.onemint.com/2012/08/21/best-company-fixed-deposits-returns-wise-safety-wise-be-wise/http://www.onemint.com/2012/08/21/best-company-fixed-deposits-returns-wise-safety-wise-be-wise/http://www.onemint.com/2012/08/21/best-company-fixed-deposits-returns-wise-safety-wise-be-wise/http://ir.kotak.com/financials/annual-report-07-08


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This company came into existence in the year 2004 and they are presently involved in the

distribution trade of home finance, individual finance and business finance through variousfinancial institutions, external business loans, NRI investment, EXIM, buying and selling of

debentures, etc

Stanrose Mafatlal Investment and Finance Limited:

The main activity of this company is to offer investment supervision facilities to its clientsbelonging to different fields. They are involved in financing, fund market operations, inter-

corporate endowments, etc in the investment industry in India.

Tata Investment Corporation Limited:

This company is endorsed by TATA sons and they are engaged in offering services like

allocation of mutual funds and several other services in the investment industry in India and they

are operating from their corporate office in the city of Mumbai In India.

In addition to these top six companies there are also other top companies like Toss Financial

Services Private Limited, Veronica Financial Services Limited and several other companies that

offer best service to the investment sector of the country

Read more here:http://entrance-exam.net/top-investment-companies-in-india/#ixzz08vFC8a9L

The top asset management companies in India have been performing fairly well of late in spiteof the condition of the mutual fund investors in the present economic scenario. During the

2011-12 fiscal the leading companies in this segment have, in fact, been profitable in their

business operations.

According to Investopedia, an asset management company is one which makes an investment of the

funds it has received from its clients into securities that are in line with the actual financial objectives of

the company itself. With an asset management company, an individual investor has more diverse

options than he or she would have otherwise been able to avail.

HDFC Mutual Fund has been the biggest performer in 2011-12 fiscal, replacing Reliance Mutual Fund. In

2012, Reliance has earned an approximate net profit of INR 276 crore, while in 2011 the same figure had

stood at INR 261 crore.

This represents a growth of 5.6 percent on a year-on-year basis. In the same period HDFC Mutual Fund,

which is the biggest of its kind in India, has gone up from INR 242 crore to INR 269 crore.
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ICICI Asset Management Company, which is the third biggest fund based organization in the country,

saw a profit of 22.5 percent earning INR 88 crore in 2012 as opposed to INR 72 crore in 2011. However,

Birla Sun Life AMC (Asset Management Company) saw a 30 percent dip in its profits in 2012.

The CEO of Reliance AMC, Sundeep Sikka, states that the company has focused on retail customers

from a long term view and this has contributed in a major way to its profitability. Even though retail

acquisition is costly it yields profits in the long term. He opines that the company is in it for the long

haul.

As of March 31, 2012 the average worth of the assets being managed by 44 fund houses was estimated

at INR 6,64,792 crore and 54 percent of the total amount was being controlled by the 5 leading

companies.

In all, the total worth of the assets under management went down by a bit more than 5 percent. The

equity AUM (assets under management) also decreased by 6.7 percent at the same time.

Dhirendra Kumar, who operates as the CEO of Value Research, a firm that is engaged in tracking funds,

has stated that the mutual fund business requires low capital and a company can keep making profits

after attaining a sustainable figure. The AMCs also make greater profits with more equity assets.

List of Top Asset Management Companies in India

UTI Asset Management

The major shareowners of UTI Asset Management are State Bank of India, bank of Baroda, Punjab

National Bank, and Life Insurance Corporation. It is the oldest provider of mutual fund services in India

At the end of 2011-12 UTI's assets were valued at INR 11,387.9 million as opposed to INR 10,653.9

million. In the same year its aggregate revenue was INR 4,475.1 million and its profits were INR 1,340.9


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million. The company has also performed well in terms of achievements like winning 8 prizes at the ICRA

Mutual Fund Awards 2012 and the Star Fund House Of The Year - DEBT Award in the same year.

Birla Sun Life Asset Management

One of the leading asset management companies in India, Birla Sun Life Asset Management is a

combined effort of the India based Aditya Birla Group and Sun Life Financial, which is one of the top

insurers in Canada. Its products and services may be broken down into the following:

Wealth creation

Savings

Tax savings

Regular income

Reliance Group

Reliance Mutual Fund is owned by the Reliance Group and is one of the quickest growers in the

segment. It is presently operative in 179 cities across India. On an average it manages assets worth INR

86,327 crores and has between 61 and 67 lakh investor portfolios.

In 2011-12 the consolidated gross income of Reliance Capital Asset Management Limited was INR

664,68,33,246 and its net profit in the same period was INR 246,09,43,867up from INR 236,18,48,818 in

2010-11. The balance carried to the balance sheet was INR 8271075316 compared to INR 5810154693

IN 2010-11.

Tata Group

Tata Mutual Fund enjoys the support of Tata Group, which is one of the premier brands in the country

and presently caters to several lakh investors. It manages assets that are worth approximately INR

20,247 crores.


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In 2011-12 the total worth of the equities and liabilities of Tata Asset Management Company was INR

1,885,402,125 while in 2010-11 the figure read INR 1,674,312,573.

Franklin Templeton

In India Franklin Templeton has been operating for more than 10 years. Its first office was launched

here during 1996 as the Templeton Asset Management India Private Limited and its mutual fund

business in India was started by introducing the Templeton India Growth Fund.

L&T Finance Limited

The L&T Mutual Funds are issued by L&T Finance Limited that was set up as a NBFC (non banking

finance corporation during November 1994. At present the organization also offers corporate and

infrastructure finance, wealth management, loans, and general insurance services apart from mutual

funds.

SBI

SBI Mutual Fund has been one of the leading names in the business for the past two decades and half.

The company is a combined enterprise of AMUNDI from France and the State Bank of India, one of the

leading banks in India. At present the organization has at least 222 acceptance points in India.

In 2011-12 the total income of SBI Mutual Funds was INR 24,758.25 lakh and its post tax profits

amounted to INR 6,051.91 lakh. The net balance brought forward from the earlier year in 2011-12 was

INR 18,017.54 lakh compared to INR 14,293.63 lakh in 2010-11.

In the same period the asset management company's amount available for appropriation went up from

INR 22,178.39 lakh to INR 24,069.45 lakh. Its balance to be carried forward also increased from INR

18,017.54 lakh to INR 20,093.80 lakh.


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DSP BlackRock

DSP BlackRock mutual funds are offered by DSP BlackRock Investment Managers, which is one of the

leading asset managers in the country. It is a combined venture of BlackRock and DSP Group. The latter

is led by Hemendra Kothari, has been in the business for 145 years. It is also one of the entities that set

up the Bombay Stock Exchange.

BlackRock is the biggest publicly listed asset management organization of the world. It operates in

South and North America, Australia, Europe, Middle East, Asia, and Africa. It has at least 9300

employees and has an investor base spanning corporate entities, union, public companies, and industry

pension providers.

At the end of the quarter that concluded after September 2012 DSP BlackRock had earned INR

1,334,776.61 lakh and its equity amounted to INR 1,014,833.57 lakh.

HDFC Asset Management Company

HDFC Mutual Fund is a product of the HDFC Asset Management Company Limited (AMC), which was set

up on December 10, 1999 as per the Companies Act, 1956. Its headquarters are presently at Mumbaiand it owns paid up capital worth INR 25.169 crore.

In 2011-12 its pre-tax profit amounted to INR 381.49 crores compared to INR 355.78 at the end of 2010-

11. In the same period its post tax profits grew from INR 242.11 crores to INR 269.14 crores, balance

carried forward from the earlier year increased from INR 281.32 crores to INR 404.16 crores, and

balance carried forward to the balance sheet went up from INR 404.16 crores to INR 487.15 crores.

Religare Asset Management Company Limited

Religare Mutual Fund is marketed by the Religare Asset Management Company Limited. At the end of

the quarter that concluded after September 2012, the organization's average asset base is at least INR

126 billion. It caters to individual investors as well as institutions and corporate clients.


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In 2011-12 Religare Mutual Fund earned INR 572,198 thousand in total income compared to INR

391,688 thousand in 2010-11. Its total expenses in the same period went down from INR 862,913

thousand to INR 550,364 thousand.

ICICI Prudential Asset Management Company Limited:

The ICIC Prudential Mutual Fund is offered by ICICI Prudential Asset Management Company Limited. It is

a joint venture of Prudential PLC, based in the UK, and ICICI Bank. The company was inaugurated during

1993 and is one of the biggest asset management entities in India.

It offers international advisory mandates, and portfolio management services along with mutual fund

asset under management services. Its international advisory mandates are available in asset categories

such as debt, real estate, and equity. The company has grown substantially in the last few years with

operations in almost 150 areas and at least 700 employees.

At the end of 2010-11 its equities and liabilities were worth INR 2152.2 million as opposed to INR

2,493.6 million after 2011-12. In the same period its assets went up to INR 1407.5 million from INR

1,263.4 million. The value of its current assets in the same time went up from INR 888.8 million to INR

1,086.1 million.

Its total income in the period under consideration increased from INR 3,497.1 million to INR 3,507.7

million and its aggregate expenditure came down from INR 2,463.4 million to INR 2,222.5 million. The

net profit after tax deductions also went up from INR 718.3 million to INR 880.6 million.

Kotak Mahindra Asset Management Company Limited

Kotak Mahindra Asset Management Company Limited or KMAMCL is owned by Kotak Mahindra Bank

Limited. The fund house has entered into collaboration with T Rowe Price for marketing funds on a

global basis.


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The net worth of the group is INR 7911 crore and it has approximately 20 thousand employees who

cater to the approximately 7 million customer accounts. The company's distribution network comprises

1716 branches, satellite offices, and franchisees in at least 470 towns and cities in India.

Sundaram Asset Management Company Limited

Sundaram Asset Management Company Limited was set up during 1996. The company is owned by

Sundaram Finance, which is one of the oldest non banking financial companies of India. For the quarter

that ended in September, the company had, on an average, managed assets worth INR 13,668.88 crore.

It, along with SBI Mutual Fund is among the companies that are planning to buy mutual fund property

worth INR 789 crore from Daiwa Asset Management India.

The company also has offices in the following locations:

New York

Dubai

California

Mauritius

San Francisco

Singapore

London

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