Shreeta Rege
HDFC AMC holds the top spot in terms of monthly average equity AUM with equity assets of Rs. 1.53 lakh crore as on July 2018. Of the total assets, the fund house has Rs. 91,839 crore in pure equity and ELSS funds and Rs.61378 crore in balanced funds, shows the latest AMFI data. Equity AUM includes pure equity, balanced and ELSS funds.
In the second place comes ICICI Prudential MF with total equity AUM of Rs.1.43 lakh crore as on July 2018. In the third place is Aditya Birla Sun Life MF with equity assets of Rs. 89,727 crore. Following them are Reliance MF and SBI MF with equity assets of Rs. 88,583 crore and Rs. 82,474 crore in assets.
Of the Rs. 9.78 lakh crore equity AUM, Rs. 5.57 lakh crore comes from the top five AMCs. This means 57% of the industry’s equity AUM comes from the top five AMCs.
|
Fund House |
Equity AAUM (Rs. crore) |
ELSS AAUM (Rs. crore) |
Balanced AAUM (Rs. crore) |
Total AAUM (Rs. crore) |
|
HDFC Mutual Fund |
83593 |
8246 |
61378 |
153216 |
|
ICICI Prudential Mutual Fund |
109379 |
5421 |
28035 |
142834 |
|
Aditya Birla Sun Life Mutual Fund |
64958 |
7037 |
17733 |
89727 |
|
Reliance Mutual Fund |
65213 |
9608 |
13763 |
88583 |
|
SBI Mutual Fund |
50039 |
6873 |
25562 |
82474 |
|
Franklin Templeton Mutual Fund |
49270 |
3665 |
0 |
52935 |
|
UTI Mutual Fund |
37242 |
4159 |
6333 |
47734 |
|
Kotak Mahindra Mutual Fund |
46038 |
749 |
0 |
46788 |
|
DSP BlackRock Mutual Fund |
29849 |
4360 |
7079 |
41288 |
|
Axis Mutual Fund |
21854 |
17871 |
0 |
39725 |
|
L&T Mutual Fund |
36247 |
3241 |
0 |
39489 |
|
IDFC Mutual Fund |
19113 |
1565 |
1156 |
21835 |
|
Tata Mutual Fund |
12374 |
1420 |
5169 |
18963 |
|
Motilal Oswal Mutual Fund |
17741 |
1091 |
0 |
18832 |
|
Sundaram Mutual Fund |
14593 |
3082 |
1138 |
18812 |
|
Mirae Asset Mutual Fund |
15509 |
1053 |
0 |
16562 |
|
JM Financial Mutual Fund |
4462 |
32 |
3579 |
8072 |
|
Edelweiss Mutual Fund |
7549 |
86 |
0 |
7634 |
|
Canara Robeco Mutual Fund |
5000 |
866 |
1656 |
7523 |
|
Invesco Mutual Fund |
5590 |
571 |
0 |
6161 |
|
PRINCIPAL Mutual Fund |
3256 |
666 |
1446 |
5368 |
|
BNP Paribas Mutual Fund |
3388 |
523 |
364 |
4274 |
|
IDBI Mutual Fund |
2011 |
647 |
445 |
3104 |
|
HSBC Mutual Fund |
2087 |
164 |
0 |
2251 |
|
DHFL Pramerica Mutual Fund |
1590 |
317 |
0 |
1907 |
|
LIC Mutual Fund |
1002 |
439 |
331 |
1771 |
|
Union Mutual Fund |
1406 |
224 |
53 |
1683 |
|
Baroda Pioneer Mutual Fund |
805 |
140 |
713 |
1657 |
|
BOI AXA Mutual Fund |
751 |
283 |
272 |
1305 |
|
Mahindra Mutual Fund |
982 |
295 |
0 |
1278 |
|
PPFAS Mutual Fund |
1160 |
0 |
0 |
1160 |
|
Quantum Mutual Fund |
891 |
70 |
0 |
961 |
|
Indiabulls Mutual Fund |
723 |
72 |
0 |
795 |
|
IIFL Mutual Fund |
698 |
0 |
0 |
698 |
|
Essel Mutual Fund |
575 |
46 |
0 |
620 |
|
Taurus Mutual Fund |
361 |
52 |
0 |
413 |
|
Shriram Mutual Fund |
50 |
0 |
0 |
50 |
|
Sahara Mutual Fund |
38 |
6 |
0 |
44 |
|
IIFCL Mutual Fund (IDF) |
0 |
0 |
0 |
0 |
|
IL&FS Mutual Fund (IDF) |
0 |
0 |
0 |
0 |
|
Escorts Mututal Fund |
|
|
|
|
|
SREI Mutual Fund (IDF) |
|
|
|
|
|
Total |
717402 |
84946 |
176220 |
978568 |
Source: AMFI
In terms of absolute growth, HDFC MF has added Rs.33505 crore of equity assets, which is the highest in the industry. Closely following on its heels was ICICI Prudential MF and SBI MF with assets of Rs.31795 crore and SBI MF Rs.24419, respectively.
If we calculate the growth in percentage terms over last year, we notice that among the top 10 AMCs L&T MF and Axis MF have reported the highest growth in equity assets of 82% and 69% respectively. If we consider all fund houses then Essel MF (153%), Mahindra MF (142%) and BOI AXA MF (125%) have grown phenomenally largely due to low base effect.
Overall, majority of the fund houses reported growth in equity AUM. However, a few small fund houses Taurus MF, Sahara MF and Indiabulls MF saw their equity AUM declining last quarter.
|
Fund House |
Total Monthly Average Equity AUM as on July 2018 (Rs. crore) |
Total Monthly Average Equity AUM as on July 2017 (Rs. crore) |
Increase over last year (Rs. crore) |
Increase over last year (%) |
|
HDFC Mutual Fund |
153216 |
119712 |
33505 |
28% |
|
ICICI Prudential Mutual Fund |
142834 |
111039 |
31795 |
29% |
|
Aditya Birla Sun Life Mutual Fund |
89727 |
65341 |
24386 |
37% |
|
Reliance Mutual Fund |
88583 |
68981 |
19602 |
28% |
|
SBI Mutual Fund |
82474 |
58056 |
24419 |
42% |
|
Franklin Templeton Mutual Fund |
52935 |
50698 |
2236 |
4% |
|
UTI Mutual Fund |
47734 |
40638 |
7096 |
17% |
|
Kotak Mahindra Mutual Fund |
46788 |
29716 |
17072 |
57% |
|
DSP BlackRock Mutual Fund |
41288 |
33735 |
7553 |
22% |
|
Axis Mutual Fund |
39725 |
23565 |
16160 |
69% |
|
L&T Mutual Fund |
39489 |
21733 |
17755 |
82% |
|
IDFC Mutual Fund |
21835 |
14871 |
6964 |
47% |
|
Tata Mutual Fund |
18963 |
14202 |
4761 |
34% |
|
Motilal Oswal Mutual Fund |
18832 |
10987 |
7844 |
71% |
|
Sundaram Mutual Fund |
18812 |
15279 |
3533 |
23% |
|
Mirae Asset Mutual Fund |
16562 |
9596 |
6966 |
73% |
|
JM Financial Mutual Fund |
8072 |
6030 |
2042 |
34% |
|
Edelweiss Mutual Fund |
7634 |
3978 |
3657 |
92% |
|
Canara Robeco Mutual Fund |
7523 |
5496 |
2026 |
37% |
|
Invesco Mutual Fund |
6161 |
2821 |
3340 |
118% |
|
PRINCIPAL Mutual Fund |
5368 |
3221 |
2147 |
67% |
|
BNP Paribas Mutual Fund |
4274 |
3617 |
657 |
18% |
|
IDBI Mutual Fund |
3104 |
2698 |
406 |
15% |
|
HSBC Mutual Fund |
2251 |
2018 |
234 |
12% |
|
DHFL Pramerica Mutual Fund |
1907 |
1606 |
301 |
19% |
|
LIC Mutual Fund |
1771 |
1596 |
175 |
11% |
|
Union Mutual Fund |
1683 |
1150 |
533 |
46% |
|
Baroda Pioneer Mutual Fund |
1657 |
1108 |
549 |
49% |
|
BOI AXA Mutual Fund |
1305 |
580 |
725 |
125% |
|
Mahindra Mutual Fund |
1278 |
529 |
749 |
142% |
|
PPFAS Mutual Fund |
1160 |
804 |
357 |
44% |
|
Quantum Mutual Fund |
961 |
843 |
118 |
14% |
|
Indiabulls Mutual Fund |
795 |
802 |
-7 |
-1% |
|
IIFL Mutual Fund |
698 |
433 |
265 |
61% |
|
Essel Mutual Fund |
620 |
245 |
376 |
153% |
|
Taurus Mutual Fund |
413 |
464 |
-51 |
-11% |
|
Shriram Mutual Fund |
50 |
42 |
7 |
17% |
|
Sahara Mutual Fund |
44 |
53 |
-9 |
-17% |
Source: AMFI
