Registered with SEBI, an Asset Management Company is one that handles all the assets within the mutual funds it manages, accepts investments from its customers and takes related decisions on how to run and restructure its mutual funds.
Points to Remember:
AMCs have access to larger resources. That’s why they can provide more diversification to their clients.
Apart from mutual funds, they may manage hedge funds and pension plans as well. In return, they charge a commission or service fees to their investors.