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  • Vivriti Debt ++ Meet the PMS players with the highest AUM

    Meet the PMS players with the highest AUM

    The latest APMI data also shows the PMS players who have the most clients.
    Suhail Chagla Dec 30, 2024

    Listen to this article

    Data from the Association of Portfolio Managers in India (AMPI) shows that SBI Funds Management, UTI AMC and Darashaw & Company are the leaders in the PMS industry as of September 2024.

    APMI has sourced the data from SEBI disclosures.

    SBI Funds Management maintains its top position with assets of Rs. 14.38 lakh crore while UTI AMC holds the second spot with Rs. 13.05 lakh crore in AUM. Darashaw & Company ranks third with an AUM of Rs. 1.43 lakh crore. These three PMS players were the leaders in June 2024 also.

    Following them are Nippon Life India AMC with Rs. 77,926 crore and Enam AMC with Rs. 44,849 crore in AUM. Franklin Templeton AMC occupies the sixth position with assets of Rs. 35,917 crore.

    The next spots are held by 360 One Portfolio Managers and 360 One AMC, managing Rs. 33,864 crore and Rs. 32,756 crore, respectively. ASK Investment Managers and Unifi Capital complete the top 10 with assets of Rs. 23,953 crore and Rs. 23,356 crore.

    Here is the table that shows the top 100 players in PMS in terms of AUM:

     Ranking

    Name 

    AUM (Rs in Crore) 

    1

    SBI Funds Management  

    1437718.39 

    2

    UTI AMC  

    1305267.17 

    3

    Darashaw & Company  

    142660.43 

    4

    Nippon Life India AMC  

    77926.06 

    5

    Enam AMC  

    44848.93 

    6

    Franklin Templeton AMC (India)  *

    35917.17 

    7

    360 One Portfolio Managers  

    33863.82 

    8

    360 One AMC  

    32756.31 

    9

    Ask Investment Managers  

    23952.50 

    10

    Unifi Capital  

    23356.38 

    11

    ICICI Prudential AMC  

    22268.33 

    12

    Abakkus Asset Manager  

    19989.82 

    13

    Quantum Advisors 

    19925.92 

    14

    Invesco AMC (India)  

    19707.16 

    15

    Avendus Wealth Management Private  

    18052.89 

    16

    Valuequest Investment Advisors . . 

    16381.69 

    17

    Deutsche Investments India  

    15501.28 

    18

    Motilal Oswal AMC  

    15181.34 

    19

    Trust Investment Advisors . . 

    14000.71 

    20

    Old Bridge Capital Management  

    9460.70 

    21

    Alchemy Capital Management Private  

    9227.37 

    22

    Julius Baer Wealth Advisors India  

    8768.85 

    23

    IDBI Capital Market Services  

    8730.45 

    24

    White Oak Capital Management Consultants  

    7325.79 

    25

    Brain Point Investment Centre  

    7308.17 

    26

    Karma Capital Advisors  

    7258.14 

    27

    Carnelian AMC & Advisors  

    7067.41 

    28

    Marcellus Investment Managers  

    6708.82 

    29

    Whiteoak Capital AMC  

    6201.48 

    30

    Dezerv Investments  

    5942.49 

    31

    Banyan Tree Advisors  

    5902.73 

    32

    Nuvama AMC  

    5777.21 

    33

    Motilal Oswal Wealth  

    5264.72 

    34

    ICICI Securities  

    5244.50 

    35

    Sageone Investment Managers  

    5164.86 

    36

    Oaklane Capital Management  

    5078.47 

    37

    Capitalmind Financial Services  

    4946.96 

    38

    NJ AMC  

    4657.04 

    39

    Axis Securities  

    4448.58 

    40

    Barclays Securities (India)  

    4312.06 

    41

    Laburnum Capital Advisors  

    4271.97 

    42

    Kotak Mahindra AMC  

    4271.48 

    43

    Buoyant Capital  

    4267.70 

    44

    Buglerock Capital   (O3 SECURITIES ) 

    4105.49 

    45

    Credit Suisse Securities (India) 

    3996.07 

    46

    Ask Wealth Advisors  

    3811.45 

    47

    Helios Capital AMC (India)  

    3739.38 

    48

    HDFC AMC  

    3510.10 

    49

    Sundaram Alternate Assets  

    3311.72 

    50

    Stallion Asset  

    3239.66 

    51

    Bellwether Capital  

    3195.53 

    52

    Aequitas Investment Consultancy  

    3171.15 

    53

    Clubmillionaire Financial Services  

    3164.80 

    54

    Ambit Investment Advisors  

    2933.39 

    55

    Alfaccurate Advisors  

    2928.07 

    56

    Ithought Financial Consulting  

    2814.04 

    57

    Spark Pwm  

    2803.30 

    58

    Unique AMC  

    2792.46 

    59

    Birla Sun Life AMC  

    2537.03 

    60

    Jm Financial  

    2424.12 

    61

    Purnartha Investment Advisers .. 

    2368.71 

    62

    Quest Investment Advisors  

    2183.85 

    63

    Equity Intelligence India  

    2133.74 

    64

    Miv Investment Services  

    1976.07 

    65

    Axis AMC  

    1914.96 

    66

    Girik Wealth Advisors  

    1899.30 

    67

    Vallum Capital Advisors  

    1841.40 

    68

    Solidarity Advisors  

    1782.45 

    69

    Jain Investment Advisors  

    1770.82 

    70

    Valentis Advisors  

    1687.90 

    71

    Centrum Broking  

    1681.54 

    72

    Neo AMC  

    1670.54 

    73

    Multi-act Equity Consultancy  

    1594.63 

    74

    Itus Capital Advisors  

    1590.41 

    75

    Envision Capital Services 

    1584.48 

    76

    Tata AMC  

    1572.99 

    77

    Sameeksha Capital  

    1562.36 

    78

    Right Horizons Portfolio Management  

    1529.98 

    79

    Globe Capital Market 

    1522.30 

    80

    Securities Investment Management  

    1473.78 

    81

    2point2 Capital Advisors  

    1411.74 

    82

    Lgt Wealth India  

    1390.29 

    83

    Pioneer Client Associates  

    1340.39 

    84

    Samvitti Capital  

    1335.09 

    85

    Geojit Financial Services  

    1300.61 

    86

    Anand Rathi Advisors  

    1209.79 

    87

    Avestha Fund Management  

    1191.75 

    88

    Ambit Wealth  

    1170.63 

    89

    Guardian Advisors  

    1151.56 

    90

    East Lane Capital  

    1120.43 

    91

    Dalal & Broacha Stock Broking . . 

    1119.74 

    92

    Agreya Capital Advisors  

    1107.17 

    93

    Accuracap Consultancy Services  

    1103.72 

    94

    Narnolia  Financial Services  

    1064.87 

    95

    Spark Asia Impact Managers  

    1041.17 

    96

    Entrust Family Office Investment Advisors  

    1036.99 

    97

    Renaissance Investment Managers  

    1028.95 

    98

    Negen Capital Services  

    1028.28 

    99

    Care Portfolio Managers  

    1008.04

    100

    OCEAN DIAL ASSET MANAGEMENT INDIA PRIVATE LIMITED

    993.01

    Note: Franklin Templeton AMC only have advisory PMS.

     

    In terms of the number of clients, ICICI Prudential AMC leads with 20,309 clients. Ask Investment Managers follows with 12,923 clients, while Motilal Oswal AMC ranks third with 11,188 clients.

    Unifi Capital and Abakkus Asset Managers round up the top five in client numbers with 10,530 and 10,461 clients, respectively. Other notable players in terms of client base include 360 One AMC (6,808 clients), Marcellus Investment Managers (4,510 clients), and Whiteoak Capital AMC (3,643 clients).

    The data reveals an interesting contrast between AUM rankings and client numbers. For instance, while SBI Funds Management leads in AUM with Rs. 14.38 lakh crore, it serves 1,788 clients.

    On the other hand, ICICI Prudential AMC, which leads in client numbers with 20,309 clients, manages a relatively smaller AUM of Rs. 22,268 crore.

    Let look at the top 100 PMS players in terms of clients:

     Rankings

    Name

    Number of clients

    1

    ICICI Prudential AMC

    20309

    2

    ASK Investment Managers 

    12923

    3

    Motilal Oswal AMC 

    11188

    4

    Unifi Capital 

    10530

    5

    Abakkus Asset Manager 

    10461

    6

    360 One AMC 

    6808

    7

    Marcellus Investment Managers 

    4510

    8

    Whiteoak Capital AMC 

    3643

    9

    NJ AMC 

    3448

    10

    Axis Securities 

    3078

    11

    Buoyant Capital 

    2835

    12

    Sundaram Alternate Assets 

    2359

    13

    Carnelian AMC & Advisors 

    2332

    14

    Dezerv Investments 

    2284

    15

    Stallion Asset 

    2241

    16

    Alchemy Capital Management Private 

    2058

    17

    360 One Portfolio Managers 

    2033

    18

    Birla Sun Life AMC 

    2033

    19

    Banyan Tree Advisors 

    1935

    20

    Purnartha Investment Advisers

    1849

    21

    Valuequest Investment Advisors 

    1835

    22

    Sbi Funds Management 

    1788

    23

    Icici Securities 

    1769

    24

    Enam AMC Co

    1717

    25

    Geojit Financial Services 

    1702

    26

    Axis AMC 

    1701

    27

    Ambit Investment Advisors 

    1618

    28

    Kotak Mahindra AMC 

    1429

    29

    Equity Intelligence India 

    1285

    30

    Ithought Financial Consulting 

    1261

    31

    Capitalmind Financial Services 

    1240

    32

    Alfaccurate Advisors 

    1230

    33

    Nippon Life India AMC 

    1203

    34

    Karvy Capital 

    1039

    35

    Anand Rathi Advisors 

    989

    36

    Jain Investment Advisors 

    943

    37

    Clubmillionaire Financial Services 

    911

    38

    Sageone Investment Managers 

    903

    39

    Markets Mojo AMC 

    862

    40

    Negen Capital Services 

    851

    41

    Renaissance Investment Managers 

    851

    42

    Nuvama AMC 

    849

    43

    Quest Investment Advisors 

    826

    44

    Brain Point Investment Centre 

    819

    45

    Invesco AMC (India) 

    796

    46

    Helios Capital AMC (India) 

    795

    47

    2point2 Capital Advisors 

    728

    48

    HSBC AMC (India) 

    714

    49

    Marathon Trends Advisory 

    680

    50

    Care Portfolio Managers 

    675

    51

    Unique AMC 

    668

    52

    Green Lantern Capital 

    655

    53

    Right Horizons Portfolio Management 

    654

    54

    Valentis Advisors 

    628

    55

    Centrum Broking 

    618

    56

    Trustline Holding 

    605

    57

    Sharekhan 

    544

    58

    Bellwether Capital 

    543

    59

    Julius Baer Wealth Advisors India 

    536

    60

    Motilal Oswal Wealth 

    533

    61

    Itus Capital Advisors 

    513

    62

    Equirus Wealth 

    512

    63

    Sameeksha Capital 

    510

    64

    PROPSHARE CAPITAL ADVISORS (Altlnvest

    489

    65

    Invasset 

    480

    66

    Dalal & Broacha Stock Broking 

    468

    67

    Vallum Capital Advisors 

    466

    68

    Girik Wealth Advisors 

    452

    69

    Nine Rivers Capital Holdings 

    452

    70

    Spark Asia Impact Managers 

    451

    71

    Prabhudas Lilladher 

    449

    72

    Phillipcapital

    448

    73

    Avendus Wealth Management Private 

    437

    74

    Buglerock Capital   (O3 SECURITIES )

    422

    75

    Piper Serica Advisors 

    419

    76

    Ask Wealth Advisors 

    411

    77

    Spark Pwm 

    409

    78

    Globe Capital Market

    406

    79

    Old Bridge Capital Management 

    391

    80

    Jm Financial 

    385

    81

    Miv Investment Services 

    381

    82

    Molecule Ventures 

    379

    83

    Incred AMC 

    373

    84

    Agreya Capital Advisors 

    369

    85

    Wryght Research & Capital 

    364

    86

    Ghalla Bhansali Stock Brokers 

    360

    87

    Ckredence Wealth Management 

    358

    88

    Pgim India AMC 

    358

    89

    Ambit Wealth 

    355

    90

    Counter Cyclical Investments 

    348

    91

    Oaks AMC 

    343

    92

    Master Portfolio Services 

    340

    93

    Samvitti Capital 

    338

    94

    Accuracap Consultancy Services 

    337

    95

    Securities Investment Management 

    332

    96

    Electrum Portfolio Managers 

    323

    97

    Emkay Investment Managers 

    316

    98

    Asit C. Mehta Investment Interrmediates 

    315

    99

    Credit Suisse Securities (India) 

    315

    100

    Ayan Analytics

    308

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