Data shared by PMSKart shows that 15 AMCs having mutual fund business offer PMS services too.
Motilal Oswal and Quantum Advisors are the top two AMCs with the highest PMS assets of Rs.15,137 crore and Rs.14,591 crore respectively as on November 2019.
Among the top five names in the PMS industry include IIFL Wealth Advisors, ICICI Prudential, Birla Sun Life. Edelweiss, Invesco, Axis, Sundaram, JM, Reliance, Tata, IDFC, BNP and Taurus were other fund houses offering PMS services.
Overall, fund houses having PMS business contribute Rs.44,174 crore to the PMS industry, which was nearly 10% of the total PMS assets.
Here is the list of AMCs offering PMS services:
|
Asset Management Companies |
AUM (Crore) |
|
Motilal Oswal Asset Management |
15137 |
|
Quantum Advisors |
14591 |
|
IIFL Wealth Advisors India |
3341 |
|
ICICI Prudential Asset Management |
2832 |
|
Birla Sun Life Asset Management |
2053 |
|
Edelweiss Asset Management |
1463 |
|
Invesco Asset Management (India) Private |
1327 |
|
Axis Asset Management |
1141 |
|
Sundaram Alternate Assets |
1052 |
|
JM Financial Services |
408 |
|
Reliance Wealth Management |
394 |
|
Tata Asset Management |
164 |
|
IDFC Asset Management |
156 |
|
BNP Paribas Asset Management India Private |
111 |
|
Taurus Treasury Management Services Private |
4 |
Source: PMSKart
