Mutual Funds and Asset Management in Mumbai

SEBI is the regulator of the securities market, set up in 1988 and given statutory powers in 1992; its head office is SEBI Bhavan in Bandra Kurla Complex.

SBI Mutual Fund, managed by SBI Funds Management, a joint venture of State Bank of India and Amundi of France, is the largest fund house in India by assets; its head office is at 9th floor, Crescenzo, Bandra Kurla Comple

ICICI Prudential AMC, the joint venture of ICICI Bank and Prudential plc, is the second-largest fund house in India, with its head office at One BKC in Bandra Kurla Complex.

HDFC AMC, listed on the exchanges since 2018, is one of the three largest fund houses in India; its head office is HDFC House on H.

Nippon India Mutual Fund, the former Reliance Mutual Fund bought by Nippon Life of Japan in 2019, is among the five largest fund houses in India and is listed on the exchanges; its head office is Nesco IT Park in Goregao

Kotak Mahindra AMC, the fund house of the Kotak group, is among the largest in India, run from 27BKC in Bandra Kurla Complex.

Aditya Birla Sun Life AMC, the joint venture of Aditya Birla Capital and Sun Life of Canada, is listed on the exchanges and run from One World Centre in Lower Parel.

UTI AMC is the successor of the Unit Trust of India of 1964, the first mutual fund in the country, and is listed on the exchanges; its head office is UTI Tower, Gn Block, Bandra Kurla Complex.

Axis AMC, the fund house of Axis Bank with Schroders of the UK as partner, is run from Axis House in Worli and is among the ten largest fund houses.

DSP Mutual Fund is the fund house of the DSP group, the Kothari family’s broking house that goes back to the 1860s on Dalal Street; after its partnerships with Merrill Lynch and BlackRock ended it is wholly Indian-owned,

Mirae Asset, the Korean fund house, runs its Indian mutual fund from Unit 606, Windsor Building, Kalina, near Bandra Kurla Complex; its equity schemes made it one of the fastest-growing fund houses in India.

Tata Asset Management, the fund house of the Tata group, is run from Mulla House, Fort, and manages Tata Mutual Fund.

Motilal Oswal AMC, the fund house of the Motilal Oswal group, runs from Motilal Oswal Tower at Prabhadevi and is known for its index funds and focused equity schemes.

Edelweiss AMC, the fund house of the Edelweiss group, runs from Edelweiss House at Kalina and manages the Bharat Bond ETFs for the Government alongside its own schemes.

quant Mutual Fund, managed by quant Money Managers from Sabnis House in Dadar West, grew from a small fund house to one of the most followed in the country in the early 2020s on the strength of its equity schemes.

PPFAS Mutual Fund, run by Parag Parikh Financial Advisory Services from Great Western Building at Fort, manages the Parag Parikh Flexi Cap Fund, one of the largest equity schemes in India, from a single-fund beginning in

Motilal Oswal Financial Services, founded in 1987 by Motilal Oswal and Raamdeo Agrawal as a sub-broking firm on Dalal Street, is a listed financial group run from Motilal Oswal Tower at Prabhadevi: broking, wealth, inves

Aditya Birla Capital is the listed holding company of the Aditya Birla group’s financial businesses — Aditya Birla Finance, Aditya Birla Sun Life Insurance and AMC, housing finance and health insurance — run from One Wor

Edelweiss, founded in 1995 by Rashesh Shah and Venkat Ramaswamy as an investment bank, is a listed diversified financial group run from Edelweiss House at Kalina: asset management, alternative funds, asset reconstruction

360 ONE, the former IIFL Wealth, is the largest independent wealth manager in India, listed on the exchanges and run from 360 ONE Centre, Kamala City, Lower Parel.

Morningstar India, the Indian arm of the Chicago fund-research company, is headquartered in Navi Mumbai and rates and researches mutual funds and equities for Indian investors and advisers.