People who have a little knowledge about the investment industry may have come across the term AMC. Doesn’t that sound very technical? Do you know the full form of AMC? Do not! Then here we present the ideas of the AMCs and a brief overview of the TATA Mutual Fund. AMC is short for Asset Management Company. Do not be afraid! It’s not rocket science that would baffle you. An asset management company or AMC is a commercial company that offers the possibility of investing in mutual funds.
All existing investment schemes on the market are provided by one AMC or another. The elementary task performed by all AMCs is to pool the money of numerous clients and invest it in the stock market. As we all know, mutual funds serve as a proxy for capital investment. Therefore, AMC is an instrument that mitigates the monotony of customers.
The TATA group has meant its presence in almost all sectors namely information technology, finance, automotive, consulting services, etc. Symbol of excellence and certainty since 1868, the TATA group has proven its worth in all the areas in which it has stepped. In this section we will discuss about the mutual fund segment of the company called TATA mutual fund.
You may have heard the phrase “The family is like a tree and all members are like its branches.” The phrase means the importance of a family. You may be thinking about the authenticity of the phrase here. The TATA group is the family tree referenced here. And the branches are the diversified sectors. All divisions serve the divergent needs of customers, but they all share common roots. Therefore, the TATA mutual fund is a subdivision of the parent company, but inseminates identical creeds to those of the parent organization.
Glimpse of the TATA mutual fund
This subsidiary of the TATA group has its origin in 1995. It has a panorama of service to ordinary people and does not limit its scope to a small segment of citizens. The instigator of the parent company, the late Mr. JRD Tata, watched the company’s spectacular growth prospects to shape the future. He firmly believed in the saying: “The best way to predict the future is to create it.” He was a man of wisdom and foresight. Continuing with the founder’s guidance, the TATA mutual fund has also been able to use the implausible experience of the parent company in dealing with the client and marketing.
Recognizing all of your wishes that you intend to fulfill through an investment, this AMC has successfully launched a mix of schemes for its clients. So if you can aspire to a plan that will ease the strain on your financial situation after retirement or if you are looking for a plan that provides capital appreciation that will fund the construction of your assets in the future. You will have it all done with the help of a single AMC.
Therefore, investing in a mutual fund can be beneficial to you in many ways. Without a doubt, the plans will be more effective than any other alternative method of saving.