India’s Leading BFSI and FinTech Companies 2023

62 | India’s Leading BFSI and FinTech Companies 2023 T he as se t managemen t i ndus t r y i s expand i ng i ts footpr int across the country, with the help of next-gen technologies, distribution network, investor educat ion ini t iat ives and improved customer service infrastructure. Various schemes are being launched with certain risk-return standards for investors in mind. With an emphasis on innovat ion and cut t ing-edge investments and businesses, modern investment solut ions cover a wide range of asset classes and strategies. INDIAN ASSET MANAGEMENT INDUSTRY Market share of Mutual Fund in India (%) Source: AMFI QAAUM Indian mutual fund industry remains consolidated with top 10 AMCs controlling ~81% share Dun & Bradstreet