Definitions for "Asset Management Company"
Keywords:  pvt, sebi, divestment, amc, ltd
Company which handles the day to day operations and investment decisions of a mutual fund.
The company vested with the responsibility of managing investments of the schemes of a fund in line with the stated investment objective of each scheme.
A Company registered with SEBI, which takes investment/ divestment decisions for the mutual fund, and manages the assets of the mutual fund. e.g. for Sun F&C mutual fund , the AMC is Sun F&C Asset Management (India) Pvt. Ltd.