NovaAI · Novelty Wealth
Mutual Fund Houses in India (Asset Management Companies)
Pick a fund house in India to explore its equity & hybrid funds available for SIP.
| # | Fund Name | Category | AUM (₹ Cr) | 5Y CAGR | 3Y CAGR | 1Y | Expense |
|---|---|---|---|---|---|---|---|
| 1 | Parag Parikh Flexi Cap Fund | Flexi Cap | 128,966 | 11.3% | 12.4% | -4.3% | 0.69% |
| 2 | Mirae Asset Large & Midcap Fund | Large & Mid-Cap | 38,138 | 9.8% | 10.9% | -0.7% | 0.86% |
| 3 | Mirae Asset Large Cap Fund | Large-Cap | 35,343 | 7.1% | 7.8% | -4.8% | 0.75% |
| 4 | ICICI Prudential India Opportunities Fund | Equity - Other | 32,925 | 15.7% | 13.2% | -2.9% | 0.91% |
| 5 | UTI Nifty 50 Index Fund | Index Funds | 24,433 | 6.2% | 6.0% | -8.4% | 0.25% |
| 6 | Mirae Asset ELSS Tax Saver Fund | ELSS (Tax Savings) | 22,940 | 10.0% | 11.2% | -2.0% | 1.02% |
| 7 | Kotak Multi Cap Fund | Multi-Cap | 22,095 | 16.2% | 16.1% | 1.9% | 0.72% |
| 8 | SBI Multicap Fund | Multi-Cap | 20,779 | - | 12.5% | -1.2% | 1.07% |
| 9 | UTI Flexi Cap Fund | Flexi Cap | 20,438 | 4.2% | 7.5% | -3.1% | 1.05% |
| 10 | Bandhan Small Cap Fund | Small-Cap | 20,130 | 19.1% | 23.0% | 11.2% | 0.60% |
Past performance is not indicative of future returns. 3Y & 5Y returns are annualised (CAGR); 1Y is absolute. Mutual fund investments are subject to market risks.
Data as of 12 Oct 2026
By AUM
How to Use the Mutual Fund Houses Explorer
Four steps to move from a fund house name to a shortlist you can actually compare.
Select a mutual fund house
Choose any Asset Management Company (AMC) from the dropdown, for example Mirae Asset Mutual Fund, SBI Mutual Fund, HDFC Mutual Fund, ICICI Prudential Mutual Fund or Parag Parikh Financial Advisory Services Mutual Fund. The explorer loads every equity and hybrid scheme that fund house runs, in the direct plan and growth option.
Choose how many funds to see
Switch between Top 5, Top 10 and All. Top 10 is the default view and is ranked by Assets Under Management (AUM), so the schemes carrying the most investor money appear first. IF you want the full lineup of a large fund house, THEN select All.
Sort on the metric that matters to you
Every column is sortable. Rank by Assets Under Management for scale, by 5 year or 3 year Compound Annual Growth Rate (CAGR) for long term performance, by 1 year return for recent momentum, or by expense ratio to see what each scheme costs you every year.
Compare across fund houses before you commit
Use the ranked list on the right to jump between fund houses. Looking at the same category, for example large and mid cap, across three or four Asset Management Companies is a faster way to judge a scheme than reading one fact sheet in isolation.
What Is a Mutual Fund House?
A mutual fund house, a mutual fund company and an Asset Management Company (AMC) are three names for the same entity. It pools money from investors and runs it across schemes such as large cap, mid cap, flexi cap, Equity Linked Savings Scheme (ELSS) and hybrid funds. Mirae Asset Mutual Fund, SBI Mutual Fund and Parag Parikh Financial Advisory Services Mutual Fund are all fund houses. The individual schemes they run, for example Mirae Asset Large and Midcap Fund, are the products you actually invest in through a lump sum or a Systematic Investment Plan (SIP).
The fund house matters more than most investors assume. It sets the investment philosophy, hires and retains the fund managers, decides how aggressively a scheme deviates from its benchmark, and controls the expense ratio it charges you. Two large cap funds with near identical mandates can behave very differently because the houses behind them think differently about risk.
IF you already hold four or five schemes and most of them come from the same fund house, THEN you are far more concentrated than your portfolio looks on paper. The same house often runs the same core holdings across multiple schemes, which shows up later as portfolio overlap. Starting your research at the fund house level, rather than at a ranked list of individual schemes, is the cleaner way to see that risk early.
How to Read the Numbers in This Explorer
Four columns do most of the work. Here is what each one is telling you.
Fund Name or AMC (Asset Management Company)
The scheme name, or the Asset Management Company that runs it.
Assets Under Management (AUM)
Assets Under Management (AUM), shown in rupees crore, is the total money the scheme currently manages.
5, 3 and 1 Year CAGR
Compound Annual Growth Rate (CAGR) is the annualised return the scheme delivered over that period. Returns are historical and do not indicate future results. Read: rolling returns vs CAGR in mutual funds.
Expense Ratio
The expense ratio is the annual fee the fund house charges, expressed as a percentage of your investment. Read: expense ratio in mutual funds.
Why Compare Mutual Funds by Fund House
Most screeners rank schemes. This one starts from the company running them.
Catch portfolio overlap before you buy
Schemes from the same Asset Management Company frequently share their top holdings. Seeing an entire fund house lineup in one table makes it obvious when a large cap fund and a focused fund are effectively holding the same twenty companies twice.
Direct plan and growth option only
Every scheme listed is the direct plan, growth option. That keeps the comparison consistent, because a regular plan expense ratio can be a full percentage point higher and will quietly distort any return ranking you build.
Category tags on every scheme
Large cap, large and mid cap, mid cap, multi cap, flexi cap, small cap focused, Equity Linked Savings Scheme and aggressive hybrid are labelled inline. Comparing a mid cap fund against a large cap fund on one year returns tells you almost nothing. Comparing within a category tells you a lot.
Ranked by size, sortable by anything
The default ranking is by Assets Under Management, so the flagship schemes of each fund house surface first. IF you care about cost more than scale, THEN sort by expense ratio and the view rebuilds instantly.
How to Choose a Mutual Fund House in India
There is no single best mutual fund house in India, because fund houses are good at different things. A house with an excellent mid cap track record may run an unremarkable large cap scheme. What you can assess is consistency, cost and fit with your own goal.
Start with performance across full market cycles. A fund house whose schemes hold up across both 3 year and 5 year Compound Annual Growth Rate, rather than spiking on one year returns alone, is showing process rather than luck. Then look at how wide the gap is between the best and worst scheme in the house. A narrow gap suggests a shared investment framework. A wide gap suggests you are betting on one specific fund manager.
Next, check cost discipline. Expense ratios inside a single fund house tend to cluster, which tells you how that house prices its products overall. Finally, check scale in context. Large Assets Under Management is reassuring in a large cap scheme and worth a second look in a small cap scheme, where size can restrict what the manager is able to do.
IF two schemes from different fund houses look similar on returns and category, THEN a lower expense ratio reduces annual cost and a more consistent 5 year record reflects process rather than a single strong year. Nothing on this page is a recommendation to buy or sell any specific scheme. Treat it as research input and match the final choice to your own goal, time horizon and risk tolerance.
Related Calculators and Research
Shortlisted a fund house? Check your overlap, project your returns, and dig deeper by category.
Portfolio Overlap Calculator
Comparing two funds from the same category? Check how much their holdings overlap before you buy both.
SIP Calculator
Project what a monthly Systematic Investment Plan grows to at different return rates and time horizons before you commit.
Mutual Fund Category Explorer
Compare mutual fund categories in India, then open any one to see its funds ranked by Assets Under Management.
See Every Fund You Already Own in One Place
The explorer shows you what a fund house offers. NovaAI shows you what your own portfolio is actually doing, including overlap between schemes, cost leakage from regular plans and the gap between your returns and your goals.
Frequently Asked Questions
A mutual fund house is an Asset Management Company (AMC) that designs, launches and manages mutual fund schemes. Mutual fund house, mutual fund company and Asset Management Company all mean the same thing. It appoints the fund managers, sets the investment mandate for each scheme and charges an annual expense ratio for running it. In India, fund houses are registered with and regulated by the Securities and Exchange Board of India (SEBI).
There are [TO CONFIRM: AMC_COUNT] mutual fund houses, or Asset Management Companies, in India as of [TO CONFIRM: AS_OF], per [TO CONFIRM: SOURCE, for example the Association of Mutual Funds in India]. They range from bank backed houses such as SBI Mutual Fund and HDFC Mutual Fund to independent houses such as Parag Parikh Financial Advisory Services Mutual Fund and global entrants such as Mirae Asset Mutual Fund. The explorer above lets you open any of them and see their equity and hybrid schemes side by side.
As of [TO CONFIRM: AS_OF], the largest mutual fund house in India by Assets Under Management is [TO CONFIRM: LARGEST_AMC]. The table above ranks houses by Assets Under Management and updates from [TO CONFIRM: SOURCE]. Assets Under Management is a measure of size and reach, not of future performance, so read it alongside a scheme's own track record, risk and cost.
No single fund house is best across every category. A house can be strong in mid cap and average in large cap. The practical approach is to compare within one category at a time, look at 3 year and 5 year Compound Annual Growth Rate together rather than one year returns alone, and check the expense ratio. This explorer is built to make that comparison quick, not to declare a winner.
The fund house list is ordered by total Assets Under Management, which is a measure of size and investor trust rather than performance. Inside each fund house, the schemes are also ranked by Assets Under Management by default. You can re-sort any column, so ranking by 5 year Compound Annual Growth Rate or by expense ratio takes one click.
Direct plans exclude distributor commission, so their expense ratios are lower and their returns are cleaner to compare. Mixing direct and regular plans in one table would make some schemes look better simply because of how they are distributed. Every figure here is direct plan, growth option, so the comparison stays like for like.
It works like a mutual fund screener organised by fund house rather than by scheme. Instead of filtering thousands of schemes at once, you pick an Asset Management Company and screen its equity and hybrid lineup on Assets Under Management, returns and expense ratio. That structure is more useful when you are evaluating a house, checking overlap, or deciding where to route a Systematic Investment Plan.
Holding schemes from only one fund house ties your outcome to that house's investment philosophy and its fund managers. Holding schemes across several houses can reduce that concentration, but it does not automatically mean diversification as large schemes across the industry often hold many of the same companies, so the benefit depends on how much those schemes actually overlap. Checking overlap between your holdings, rather than assuming more fund houses means more diversification, is the more reliable way to see where your portfolio actually stands.
Assets Under Management, returns and expense ratios refresh on a regular schedule from published scheme data, sourced from [TO CONFIRM: SOURCE], current as of [TO CONFIRM: AS_OF]. Returns are historical and past performance does not indicate future results. Mutual fund investments are subject to market risk. Read all scheme related documents carefully before investing.
Important Disclosures
The securities quoted are for illustration only and are not recommendatory.
Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Registration granted by SEBI, membership of BASL and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.
Nothing on this page is investment advice or a recommendation to buy, sell or hold any specific fund house or scheme. Treat it as research input and match any decision to your own goal, time horizon and risk tolerance.