Banking Services

A mutual fund is a type of investment vehicle that pools money from multiple investors to invest in a variety of securities, such as stocks, bonds, and other financial instruments. The mutual fund is managed by a professional fund manager who selects the securities to invest in based on the fund’s investment objective.
Mutual funds in India are regulated by the Securities and Exchange Board of India (SEBI) and are available in a variety of categories, such as equity funds, debt funds, hybrid funds, and index funds. An Asset Management Company (AMC) is a firm that invests the funds pooled from individual investors in securities with the objective of optimal return for investors in exchange for a fee. As of today there are 45 Asset Management Companies (AMC) in India. Each of this AMC’s offers various schemes in which you as investor can invest money.