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What Is An Asset Management Company (amc)? |
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Answer» A HIGHLY regulated organisation that POOLS money from many people into a portfolio structured to achieve certain objectives. Hence it is termed as an Asset Management Company. Typically an AMC manages several funds - open-end /closed-end across several categories - growth, income, balanced. Every mutual FUND has an AMC associated with it. For INSTANCE, Alliance Capital Mutual Fund is associated with Alliance Capital Asset Management Company Ltd. A highly regulated organisation that pools money from many people into a portfolio structured to achieve certain objectives. Hence it is termed as an Asset Management Company. Typically an AMC manages several funds - open-end /closed-end across several categories - growth, income, balanced. Every mutual fund has an AMC associated with it. For instance, Alliance Capital Mutual Fund is associated with Alliance Capital Asset Management Company Ltd. |
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