News From Press India's top AMC SBI Mutual Fund's AUM less than 1% of US-based Blackrock: Porinju Veliyath

India's top AMC SBI Mutual Fund's AUM less than 1% of US-based Blackrock: Porinju Veliyath

Source:Mint Mar 9, 2024

India's top asset management companies (AMCs) such as SBI Mutual Fund (MF), ICICI Prudential MF, HDFC MF, Nippon India MF, and others rank much below than the top US AMCs such as Blackrock, Vanguard etc, in terms of asset under management (AUM). Morgan Stanley, JP Morgan, BNY Mellon are some of the other US AMCs featuring in the top 10 list.

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