AMC Full Form | Complete Detail about AMC

AMC FULL FORM:

In this post, you will get AMC Full Form in the different fields and other concepts related to AMC. Like AMC in the banking field, AMC in trading (mutual funds), AMC in medicines, AMC in the college, AMC in the agriculture field, and AMC full form in abbreviation and more.

AMC FULL FORM in Banking:

The AMC Full Form is an Annual Maintenance Contract. The annual maintenance contract is also known as Annual Maintenance Charges. It is offered by the manufacturing companies after-sales.

AMC is the term related to the supplier and buyer. The manufacturing companies provide the maintenance service to the buyer to a valuable product to maintain the reputation of the company. This maintenance service of the product may be free and charges depending on the product taken by the customer. 

For example: When you buy a car, there is a contract deal between the supplier and buyer person. On that agreement paper, the annual service detail is provided to the owner, so that the owner of the car has to comes to the service center for service.

Benefits of AMC:

The customer gets satisfaction with the product because the product has maintenance, regular checkup, the performance of the product increases, etc. 

AMC FULL FORM IN TRADING (MUTUAL FUNDS):

The AMC Full Form in trading is the Asset Management Company. The market governs by SEBI. Just like RBI and investing companies govern in Banking and IRDA govern in insurance.

The main structure of Mutual funds is given by SEBI. As per the regulations of SEBI. The mutual funds have three tiers structure.

1. Sponsor
2. Trustees 
3. AMC

1. Sponsor: The sponsor is a promoter of mutual funds. The sponsor of the mutual fund brings in capital and creates a mutual fund trust and set up the AMC. 

The sponsor required to have 5 years of the experience track record of the sponsor in the financial services business and out of the five-year experience the sponsor should also have the three years of growth in a positive direction(profit) in the same field.

 Who is the sponsor? Ans: Sponsor could be a bank, a corporate, or a financial institute. 

1. Trustees: The sponsor appoints trustees for that the trustees have to take approval from the SEBI.

What is the work of the Trustee? Ans: the primary objective of the trustees of the mutual fund is to hold its property for the benefits of the unit-holders.

The boards of the trustee act as a protector of unit-holders interests. It appoints a custodian for the safekeeping of assets of the customer and closely monitors the assets management company.

1. AMC:

AMC is the face of mutual funds. An AMC is a company that manages a mutual fund to grow the business in a positive direction. The AMC hires professional money managers to maintain the structure of the company, which buys and sells securities in line with the funds to get benefits to the investor.

So, AMC take and collects money from the public (investor) and makes it as a pool of funds.

1. AMC should have a net worth of more than 10 crores required in the field(present 50 crores).
2. AMC has to submit the report to the trustees quarterly and also SEBI to maintain the structure of the company.

Registrar and transfer agent:

A company tracks the daily purchase and sale of mutual fund units.

How AMC make money?

They make money by taking a commission or fee depending on the size of the fund that they are managing. 

AMC FULL FORM IN MEDICAL:

The AMC full form in medical is Arthrogryposis Multiplex Congenital. It refers to the development of multi-joint contracture affecting two or more areas of the body before birth.  

Causes of Arthrogryposis:

There is no single cause of arthrogryposis. One main and important known factor in causing arthrogryposis is “fetal akinesia”. Which decreases the fetal in the utero. 

Treatment of Arthrogryposis:

There is no absolute cure or solution for this condition of arthrogryposis. Improve health in the physical therapy that includes stretching, casting, strengthening, mobility training, improve range of motion.

AMC FULL FORM IN COLLEGE:

The AMC stands for the AMC group of the institute. The AMC group of the institute is an educational institution that presents in Bangalore, India. This college comes under the top colleges of engineering. 

Fee structure of AMC college:

Fee structure is depending on the courses of the student.

AMC FULL FORM IN ARMY:

The AMC full form in the army field is Army Medical Crops. Army Medical Crops specialist crops provide medical service to all army forces, serving, veterans, and their families.

Indian medical service of the army formed after the formation of East India Company. Indian medical crops were formed on 1 June 1920.

Initially started as a compounder position and dresser position in the three presidencies medical service and then they become sub surgeons and later on Indian medical assistant. 

AMC FULL FORM IN AGRICULTURE:

The AMC Full Form in the agriculture field is Agriculture Mortgage corporate. It was found in 1928 under the Agriculture Credits Acts. Agriculture Mortgage corporate provide long term mortgage to the land owner and to redevelop the farming and rural-based business on the field. 

History of AMC in agriculture:

During the first world war, there was a shortage of food during the world war condition and farming field because few people have their land at that time for forming. There was depend on food and AMC started creating the farming field. AMC create a new generation former on their lands.

AMC Full Form in Abbreviation:

Conclusion of AMC Full Form:

We hope you guys understand the AMC full form and other concepts related to the AMC. If this information looks informative then let us know in the comment section.