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Data released by the Association of Portfolio Managers in India (APMI) based on SEBI disclosure shows that SBI Funds Management, UTI AMC and Darashaw & Company are the top three PMS players in India in June 2024.
SBI Funds Management is the leader in terms of AUM with assets of Rs. 13.89 lakh crore while UTI AMC is second with an AUM of Rs. 12.93 lakh crore.
Darashaw & Company is a distant third with an AUM of Rs. 1.33 lakh crore. These assets include contribution from EPFO.
Next in the list are Nippon Life India AMC and Enam Asset Management with PMS assets of Rs. 75000 crore and Rs. 41600 crore, respectively.
Following the top 5 is 360 One Portfolio Managers which recorded an AUM of Rs. 31400 crore. Franklin Templeton Asset Management occupies the 7th spot with assets AUM of Rs. 31100 crore.
360 One Asset Management captures the eight position with an AUM of Rs. 27750 crore.
ASK Investment Managers and Unifi Capital complete the top 10 with assets of Rs. 24700 crore and Rs. 22800 crore, respectively.
Let’s look at the table to know more about who are the top 100 players in the PMS:
|
Ranking |
PMS |
AUM (Rs Cr) |
|
1 |
SBI Funds Management |
1388939 |
|
2 |
UTI AMC |
1293213 |
|
3 |
Darashaw & Company |
132705 |
|
4 |
Nippon Life India AMC |
75010 |
|
5 |
Enam Asset Management |
41610 |
|
6 |
360 One Portfolio Managers |
31409 |
|
7 |
Franklin Templeton AMC |
31110 |
|
8 |
360 One AMC |
27751 |
|
9 |
Ask Investment Managers |
24670 |
|
10 |
Unifi Capital |
22805 |
|
11 |
ICICI Prudential AMC |
18733 |
|
12 |
Quantum Advisors |
18453 |
|
13 |
Abakkus Asset Manager |
17842 |
|
14 |
Avendus Wealth Management |
16765 |
|
15 |
Deutsche Investments |
15100 |
|
16 |
Valuequest Investment Advisors |
14677 |
|
17 |
Trust Investment Advisors |
14511 |
|
18 |
Invesco AMC |
14044 |
|
19 |
Motilal Oswal AMC |
13656 |
|
20 |
Old Bridge Capital Management |
9508 |
|
21 |
IDBI Capital Market Services |
8468 |
|
22 |
Alchemy Capital Management |
8408 |
|
23 |
Marcellus Investment Managers |
7800 |
|
24 |
Julius Baer Wealth Advisors |
7711 |
|
25 |
White Oak Capital Management Consultants |
6664 |
|
26 |
Whiteoak Capital AMC |
6578 |
|
27 |
Brain Point Investment |
6574 |
|
28 |
Karma Capital Advisors |
6347 |
|
29 |
Carnelian Asset Management & Advisors |
5637 |
|
30 |
Banyan Tree Advisors |
5564 |
|
31 |
Nuvama AMC |
5085 |
|
32 |
Capitalmind Financial Services |
4859 |
|
33 |
Sageone Investment Managers |
4735 |
|
34 |
Oaklane Capital Management |
4673 |
|
35 |
Credit Suisse Securities (India) |
4634 |
|
36 |
Motilal Oswal Wealth |
4611 |
|
37 |
Dezerv Investments |
4502 |
|
38 |
NJ AMC |
4302 |
|
39 |
Barclays Securities (India) |
3927 |
|
40 |
Ask Wealth Advisors |
3870 |
|
41 |
O3 Securities |
3803 |
|
42 |
Kotak Mahindra AMC |
3800 |
|
43 |
Buoyant Capital |
3742 |
|
44 |
ICICI Securities |
3666 |
|
45 |
Axis Securities |
3510 |
|
46 |
Aequitas Investment Consultancy |
3379 |
|
47 |
Helios Capital AMC |
3269 |
|
48 |
Sundaram Alternate Assets |
3076 |
|
49 |
Clubmillionaire Financial Services |
2983 |
|
50 |
HDFC AMC |
2982 |
|
51 |
Bellwether Capital |
2925 |
|
52 |
Unique AMC |
2594 |
|
53 |
Alfaccurate Advisors |
2587 |
|
54 |
Ambit Investment Advisors |
2522 |
|
55 |
Ithought Financial Consulting |
2462 |
|
56 |
JM Financial |
2325 |
|
57 |
Birla Sun Life AMC |
2195 |
|
58 |
Stallion Asset |
2191 |
|
59 |
Spark Pwm |
2067 |
|
60 |
Purnartha Investment Advisers |
2041 |
|
61 |
Quest Investment Advisors |
1904 |
|
62 |
MIV Investment Services |
1838 |
|
63 |
Solidarity Advisors |
1833 |
|
64 |
Equity Intelligence India |
1829 |
|
65 |
Girik Wealth Advisors |
1699 |
|
66 |
Vallum Capital Advisors |
1688 |
|
67 |
Centrum Broking |
1669 |
|
68 |
Axis AMC |
1547 |
|
69 |
Multi-Act Equity Consultancy |
1521 |
|
70 |
Tata AMC |
1517 |
|
71 |
Globe Capital Market |
1497 |
|
72 |
Valentis Advisors |
1485 |
|
73 |
Itus Capital Advisors |
1438 |
|
74 |
Neo AMC |
1404 |
|
75 |
Right Horizons Portfolio Management |
1383 |
|
76 |
Sameeksha Capital |
1365 |
|
77 |
2Point2 Capital Advisors |
1361 |
|
78 |
Securities Investment Management |
1328 |
|
79 |
Lgt Wealth India |
1321 |
|
80 |
Samvitti Capital |
1255 |
|
81 |
Jain Investment Advisors |
1211 |
|
82 |
Envision Capital Services |
1196 |
|
83 |
Geojit Financial Services |
1118 |
|
84 |
Pioneer Client Associates |
1101 |
|
85 |
Narnolia Financial Services |
1077 |
|
86 |
Avestha Fund Management |
1060 |
|
87 |
Accuracap Consultancy Services |
1053 |
|
88 |
Anand Rathi Advisors |
1048 |
|
89 |
East Lane Capital |
1031 |
|
90 |
Guardian Advisors |
1025 |
|
91 |
Jeetay Investments |
1023 |
|
92 |
Agreya Capital Advisors |
1010 |
|
93 |
Dalal & Broacha Stock Broking |
990 |
|
94 |
Entrust Family Office Investment Advisors |
977 |
|
95 |
Ambit Wealth |
955 |
|
96 |
Equirus Wealth |
954 |
|
97 |
Spark Asia Impact Managers |
953 |
|
98 |
Infinity Asset Advisors |
946 |
|
99 |
Sahasrar Capital |
937 |
|
100 |
Ocean Dial AMC |
933 |
In terms of the number of clients, ICICI Prudential Asset Management has 16900 clients, the highest in the industry.
Ask Investment Managers secures the second spot and has 13900 clients. Motilal Oswal AMC is next with 10900 clients.
Unifi Capital and Abakkus Asset Manager take the fourth and fifth spots with 10200 and 9400 clients, respectively.
Among other PMS players in the top 10 in terms of investor count are 360 One Asset Management, Marcellus Investment Managers, Whiteoak Capital Asset Management, NJ Asset Management and Buoyant Capital.
Here is the list of top 100 PMS players in terms of number of clients.
|
Sr. No. |
Name |
Number Of |
|
1 |
ICICI Prudential AMC |
16903 |
|
2 |
Ask Investment Managers |
13899 |
|
3 |
Motilal Oswal AMC |
10932 |
|
4 |
Unifi Capital |
10188 |
|
5 |
Abakkus Asset Manager |
9429 |
|
6 |
360 One AMC |
6681 |
|
7 |
Marcellus Investment Managers |
5031 |
|
8 |
Whiteoak Capital AMC |
4048 |
|
9 |
NJ AMC |
3454 |
|
10 |
Buoyant Capital |
2597 |
|
11 |
Sundaram Alternate Assets |
2311 |
|
12 |
Axis Securities |
2299 |
|
13 |
Banyan Tree Advisors |
1942 |
|
14 |
360 One Portfolio Managers |
1934 |
|
15 |
Birla Sun Life AMC |
1921 |
|
16 |
Carnelian Asset Management & Advisors |
1844 |
|
17 |
Alchemy Capital Management |
1837 |
|
18 |
Dezerv Investments |
1725 |
|
19 |
Purnartha Investment Advisers |
1719 |
|
20 |
Enam Asset Management |
1679 |
|
21 |
SBI Funds Management |
1677 |
|
22 |
Axis AMC |
1668 |
|
23 |
ICICI Securities |
1640 |
|
24 |
Stallion Asset |
1555 |
|
25 |
Valuequest Investment Advisors |
1510 |
|
26 |
Geojit Financial Services |
1487 |
|
27 |
Ambit Investment Advisors |
1475 |
|
28 |
Kotak Mahindra AMC |
1419 |
|
29 |
Equity Intelligence India |
1286 |
|
30 |
Nippon Life India AMC |
1236 |
|
31 |
Alfaccurate Advisors |
1161 |
|
32 |
Ithought Financial Consulting |
1160 |
|
33 |
Capitalmind Financial Services |
1099 |
|
34 |
Karvy Capital |
1059 |
|
35 |
Clubmillionaire Financial Services |
934 |
|
36 |
Sageone Investment Managers |
869 |
|
37 |
Anand Rathi Advisors |
838 |
|
38 |
Negen Capital Services |
835 |
|
39 |
Invesco AMC |
828 |
|
40 |
Infinity Asset Advisors |
827 |
|
41 |
Brain Point Investment |
796 |
|
42 |
Quest Investment Advisors |
759 |
|
43 |
Nuvama AMC |
741 |
|
44 |
Helios Capital AMC |
734 |
|
45 |
2Point2 Capital Advisors |
722 |
|
46 |
Renaissance Investment Managers |
719 |
|
47 |
Jain Investment Advisors |
688 |
|
48 |
HSBC AMC |
681 |
|
49 |
Unique AMC |
643 |
|
50 |
Care Portfolio Managers |
642 |
|
51 |
Centrum Broking |
633 |
|
52 |
Right Horizons Portfolio Management |
619 |
|
53 |
Trustline Holding |
597 |
|
54 |
Valentis Advisors |
586 |
|
55 |
Equirus Wealth |
584 |
|
56 |
Motilal Oswal Wealth |
545 |
|
57 |
Green Lantern Capital |
539 |
|
58 |
Bellwether Capital |
535 |
|
59 |
Itus Capital Advisors |
519 |
|
60 |
Marathon Trends Advisory |
503 |
|
61 |
Propshare Capital Advisors |
491 |
|
62 |
Julius Baer Wealth Advisors |
475 |
|
63 |
Sameeksha Capital |
467 |
|
64 |
Nine Rivers Capital Holdings |
439 |
|
65 |
Avendus Wealth Management |
433 |
|
66 |
Dalal & Broacha Stock Broking |
433 |
|
67 |
Vallum Capital Advisors |
432 |
|
68 |
Piper Serica Advisors |
415 |
|
69 |
Old Bridge Capital Management |
410 |
|
70 |
Ask Wealth Advisors |
406 |
|
71 |
Girik Wealth Advisors |
406 |
|
72 |
Spark Asia Impact Managers |
393 |
|
73 |
Sharekhan |
388 |
|
74 |
Globe Capital Market |
383 |
|
75 |
O3 Securities |
380 |
|
76 |
Master Portfolio Services |
370 |
|
77 |
Phillipcapital |
370 |
|
78 |
MIV Investment Services |
367 |
|
79 |
Incred AMC |
365 |
|
80 |
Agreya Capital Advisors |
358 |
|
81 |
PGIM India AMC |
355 |
|
82 |
Counter Cyclical Investments |
353 |
|
83 |
JM Financial |
347 |
|
84 |
Accuracap Consultancy Services |
341 |
|
85 |
Ghalla Bhansali Stock Brokers |
339 |
|
86 |
Ckredence Wealth Management |
336 |
|
87 |
Tamohara Investment Managers |
325 |
|
88 |
Credit Suisse Securities (India) |
324 |
|
89 |
Molecule Ventures |
323 |
|
90 |
Oaks AMC |
318 |
|
91 |
Solidarity Advisors |
313 |
|
92 |
Prabhudas Lilladher |
311 |
|
93 |
Securities Investment Management |
310 |
|
94 |
First Global Finance |
308 |
|
95 |
Emkay Investment Managers |
301 |
|
96 |
Spark Pwm |
300 |
|
97 |
Awriga Capital Advisors |
295 |
|
98 |
Samvitti Capital |
286 |
|
99 |
Trust Investment Advisors |
285 |
|
100 |
Ambit Wealth |
283 |