Best Mutual Fund Houses in India

Top Mutual Fund Houses India 

Mutual funds are an excellent investment tool for investors who want to diversify their portfolios and generate long-term wealth. In India, the mutual fund industry has grown significantly over the past decade, and many fund houses have emerged to meet the growing demand from investors. However, with so many mutual fund houses to choose from, it may be challenging to determine the best mutual fund houses in India.

Read on to know more about the top 10 mutual fund houses in India.

• HDFC Mutual Fund

Established in 1999, HDFC Mutual Fund is considered among the top mutual fund houses in India. Presently, the fund manages assets worth over Rs. 4,23,716 crore. It offers several schemes across various categories, including equity, debt, hybrid, and international funds. HDFC Mutual Fund has a strong investment team comprising experienced fund managers and research analysts who follow a rigorous investment process to select stocks and bonds for the fund's portfolio. 

The company also has a robust risk management framework. Additionally, HDFC Mutual Fund has received several awards for its performance, including the Best Fund House - Equity at the Morningstar Fund Awards 2021 and the Best Debt Fund House at the CNBC-TV18 Mutual Fund Awards 2021.

• SBI Mutual Fund

SBI Mutual Fund is a joint venture between the State Bank of India (SBI), the largest public sector bank in India, and Amundi, a leading French asset management company. The fund house was established in 1987 and currently manages different mutual fund schemes across various categories. SBI Mutual Fund has a wide distribution network of over 270 branches, as well as tie-ups with over 30,000 IFAs (independent financial advisors).

Some of the popular mutual fund schemes offered by SBI Mutual Fund include SBI Bluechip Fund, SBI Magnum Equity ESG Fund, SBI Magnum Medium Duration Fund, etc. The fund house has also introduced innovative products such as SBI Equity Minimum Variance Fund and SBI Debt Hybrid Fund, which offer unique investment opportunities to investors.

SBI Mutual Fund has a strong focus on investor education and regularly conducts awareness programs and seminars to educate investors about the benefits and risks of investing in mutual funds. This fund house has also won several awards for its performance and customer service, including the Best Fund House (Large) award at the Morningstar Awards 2020.

• ICICI Prudential Mutual Fund

This well-known fund house was established in 1993 between ICICI Bank and Prudential Corporation Holdings Limited, a UK-based financial services company. ICICI Prudential Mutual Fund offers various types of mutual fund schemes and specialised funds, such as index funds, exchange-traded funds (ETFs), and international funds.

The company's investment philosophy is based on the principles of risk management, research-driven investment decisions, and long-term wealth creation for investors. ICICI Prudential Mutual Fund's investment process involves a rigorous research process, which includes a bottom-up analysis of companies, macroeconomic analysis, and identification of investment opportunities across various sectors and asset classes.

ICICI Prudential Mutual Fund has a strong distribution network with a presence in over 200 cities in India. The company has won several awards for its performance and customer service, including the Best Mutual Fund Company of the Year award at the CNBC-TV18 Mutual Fund Awards 2021.

• Aditya Birla Sun Life Mutual Fund

Aditya Birla Sun Life Mutual Fund was established in 1994 and has since then grown into one of the largest mutual fund houses in India. The company has a strong presence across the country and offers its services through a network of over 400 branches. The mutual fund products offered by Aditya Birla Sun Life Mutual Fund include equity, debt, hybrid, and other fund categories. The company has a team of experienced fund managers who use their expertise to manage the funds and deliver good returns to their investors.

In addition to mutual funds, Aditya Birla Sun Life Mutual Fund also offers a range of other investment solutions, such as portfolio management services, alternative investment funds, and retirement solutions. The company has received several awards and recognitions for its performance and service excellence. Aditya Birla Sun Life Mutual Fund is committed to delivering value to its investors and help them achieve their financial goals through smart and disciplined investments.

• Nippon 

Managed by Nippon Life Asset Management Limited, Nippon India Mutual Fund is a joint venture between Nippon Life Insurance Company, Japan, and Reliance Capital Limited. This fund house has a strong track record of delivering consistent returns to its investors. Its investment philosophy is based on the principles of long-term investing, active management, and risk management. 

Some of the popular mutual fund schemes offered by Nippon India Mutual Fund include Nippon India Large Cap Fund, Nippon India Small Cap Fund, Nippon India Multi Cap Fund, Nippon India Tax Saver (ELSS) Fund, Nippon India Liquid Fund, and Nippon India ETF Gold BeES. Investors can invest in Nippon India Mutual Fund schemes through various channels such as online platforms, distributors, and directly through the fund house. The fund house also offers a range of online tools and resources to help investors make informed investment decisions.

• Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund is a mutual fund company based in India. It is a joint venture between Aditya Birla Group, a conglomerate based in India, and Sun Life Financial, a financial services company based in Canada. The company offers a wide range of mutual fund schemes that cater to different investment objectives and risk profiles of investors. The company's mutual fund schemes are managed by a team of experienced fund managers who use a combination of quantitative and qualitative techniques to select stocks and other securities for the portfolio.

With Birla Sun Life, investors can choose from a range of options, including Systematic Investment Plans (SIPs), Systematic Withdrawal Plans (SWPs), and Systematic Transfer Plans (STPs) to invest in Birla Sun Life Mutual Fund. The company also offers online investment platforms and mobile apps for investors to manage their investments and track their portfolio performance.

Conclusion

Mutual funds are a good investment vehicle for generating long-term wealth. There are several top mutual fund houses in India, each with its unique investment philosophy, product offerings, and track record. However, to make the most out of your investment, consider a few factors, including the fund's financial goals, asset allocations, your risk appetite, and such. This will lead you to the best mutual fund houses in India. You may also consider consulting a financial advisor before making any investment decisions.

Disclaimer

The investment options and stocks mentioned here are not recommendations. Please go through your own due diligence and conduct thorough research before investing. Investment in the securities market is subject to market risks. Please read the Risk Disclosure documents carefully before investing. Past performance of instruments/securities does not indicate their future performance. Due to the price fluctuation risk and the market risk, there is no guarantee that your personal investment objectives will be achieved.