Explore commonly used personal finance terms.
An Asset Management Company (AMC) is a firm that manages a portfolio of investments on behalf of clients, such as mutual funds, pension funds, and private wealth accounts. AMCs invest in a variety of assets, aiming to grow and preserve client wealth based on agreed-upon risk tolerances and goals. AMCs earn fees based on assets under management (AUM) or performance, and they play a key role in helping individuals and institutions access professionally managed portfolios for diversified and efficient investment management.
