What are the top 10 financial services companies in India?

What are the top 10 financial services companies in India?

The Top 10 NBFCs in India, 2021

  • Power Finance Corporation Limited.
  • Shriram Transport Finance Company Limited.
  • Bajaj Finance Limited.
  • Mahindra & Mahindra Financial Services Limited.
  • Muthoot Finance Ltd.
  • HDB Finance Services.
  • Cholamandalam.
  • Tata Capital Financial Services Ltd.

Which is best MF distributors in India?

NJ India, SBI Bank and Axis Bank are the top three mutual fund distributors who received highest gross commission in FY 2020-21. AMFI data on commission disclosure shows that NJ IndiaInvest remained the top distributor with highest gross commission of Rs. 874 crore; 12% higher than what it earned in FY 2020.

What are financial services companies in India?

List of top 10 Finance Companies in India

  • Bajaj Finance Limited.
  • Tata Capital Financial Services Ltd.
  • Aditya Birla Finance Ltd.
  • L & T Finance Limited.
  • Muthoot Finance Ltd.
  • Mahindra & Mahindra Financial Services Limited.
  • HDB Financial Services.
  • Power Finance Corporation Limited.

How do I become a successful mutual fund distributor?

Eligibility Criteria for Mutual Fund Distributor

  1. Pass the NISM Certification Test known as “NISM Series V (a): Mutual Fund Distributors Certification Examination”.
  2. Get registered with AMFI after passing NISM Certification Test.
  3. Obtain a unique code-AMFI Registration Number (ARN) along with an identity card from AMFI.

How much does a mutual fund distributor earn?

In regular MFs, they earn 1–2% on a trailing basis on your investments per year. Suppose you’ve invested in the mutual fund for 5 years. First-year your total investment was Rs 12000 through the sip.

Which is the top financial company in India?

How many finance company are there in India?

There are total of 91 commercial banks operating in India. Out of which, there are 20 Public Sector Banks in India including SBI and 19 nationalized banks.

What are the different types of financial services in India?

These financial services are explained below:

  • Banking. The banking industry is the backbone of India’s financial services industry.
  • Professional Advisory.
  • Wealth Management.
  • Mutual Funds.
  • Insurance.
  • Stock Market.
  • Treasury/Debt Instruments.
  • Tax/Audit Consulting.

Which are the top financial services companies in India?

Mahindra & Mahindra is one of the top financial services companies and it has two affiliates offering Insurance services and rural housing financial services. India’s largest private sector HDFC Bank, HDB Finance Services offers a wide variety of secured and unsecured financial loans.

What are the financial services provided by finance companies?

Financial services provided by finance companies include insurance, housing financing, mutual funds, credit reporting, debt collection, stock broking, portfolio management, and investment advisory. Find below a comprehensive list of top financial services companies in India.

Why DSP Merrill Lynch for financial advisors in India?

A major player in the equity and debt market in India, DSP Merrill Lynch offers financial advises to varied corporations and institutions. With an array of wealth management and investor services, their services are customized in a manner that they meet every investor requirement.

What is the history of Mahindra Financial Services Ltd?

Founded in the year 1991, Mahindra & Mahindra Financial Services Ltd is headquartered in Mumbai, India. The company serves the financing needs of the population residing in rural and semi-urban areas of the nation. Read Also: Mahindra Logistics Ltd. Delivers Strong 37 percent Revenue Growth in H1FY18