Enam, Ask and 360 ONE: Top three players in equity discretionary PMS

Data released by the Association of Portfolio Managers in India (APMI) shows that Enam Asset Management Company has the largest AUM in equity discretionary PMS in April 2024.

Discretionary PMS is similar to mutual funds where portfolio managers do not seek investors’ approval to invest money. Here, the portfolio managers have complete freedom and flexibility to deploy funds.

In equity PMS category, Enam Asset Management Company tops the list with AUM of Rs.35,000 crore. Next in the list are ASK Investment Managers and 360 ONE Asset Management with AUM of Rs.24,000 crore and Rs.19,600 crore, respectively.

Unifi Capital (Rs.19,000 crore), Quantum Advisors (Rs.18,000 crore) and Abakkus Asset Manager (Rs.15,000 crore) are the next three in the equity PMS category.

These are the only 6 PMS providers with AUM of over Rs.15,000 crore.

Here is the top ten list equity PMS:

Equity

In debt category, SBI Funds Management has the largest AUM of Rs.2,000 crore.  Tata Asset Management and ICICI Prudential Asset Management Company follow SBI Funds Management with AUM of Rs.1,200 crore and Rs.950 crore, respectively.

Unifi Capital and Dezerv Investments are the next two in the list. Let us look at the table to know more.

Debt

In hybrid category, NJ Asset Management, Credit Suisse Securities (India) and 360 One Portfolio Managers are the top 3 players. They have an AUM of Rs.1,300 crore, Rs.800 crore, Rs.300 crore, respectively.

Let’s look at the table to know more.

Hybrid

Lastly, in multi asset category, 360 One Portfolio Managers has the largest AUM of Rs 7.000 crore. Next two in the list are Nuvama Asset Management and Deutsche Investments India. Here is the list of top 10 multi asset discretionary PMS.

Multi asset

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