What is AMC (Asset Management Company)? — Meaning, Definition & Example
Definition
An AMC is a company that manages and operates mutual fund schemes. It pools money from investors and invests in securities according to the scheme's objective. Major AMCs in India include SBI MF, HDFC MF, ICICI Prudential MF, Nippon India MF, and Axis MF. AMCs charge expense ratio for management.
SBI Mutual Fund (AMC) manages over ₹10 lakh crore in assets across equity, debt, hybrid, and index fund schemes.
🇮🇳 AMC (Asset Management Company) in Hindi / हिंदी में
AMC (एसेट मैनेजमेंट कंपनी) — AMC म्यूचुअल फंड स्कीम्स का प्रबंधन और संचालन करने वाली कंपनी है। यह निवेशकों से पैसा इकट्ठा करके प्रतिभूतियों में निवेश करती है।
AMC (Asset Management Company) (Hinglish) — AMC wo company hai jo mutual fund schemes ko manage aur operate karti hai. Investors ka paisa pool karke securities mein invest karti hai. India mein SBI MF, HDFC MF, ICICI Prudential MF major AMCs hain.