Every Mutual Fund has an Asset Management Company (AMC) associated with it. 

An asset management company (AMC) is a firm that invests a pooled fund of capital on behalf of its clients. The capital is used to fund different investments in various asset classes. Asset management companies are commonly referred to as money managers or money management firms as well.

The AMC employs professionals to manage the funds. The AMC may be assisted by a custodian and a registrar.

AMCs are obliged to make investments in compliance with SEBI regulations.