HDFC Mutual Fund continues to hold the top position in terms of equity AUM. An analysis of quarterly AUM disclosed on AMC website shows that HDFC MF has the highest equity AUM at Rs.1.57 lakh crore as on September 2018. Despite the fall in key equity indices, the company has witnessed a growth of 2% in its equity AUM i.e. from RS.1.55 lakh crore in June 2018.
We have included pure equity, ELSS and balanced funds in equity funds.
Of the total equity AUM of HDFC MF, AUM of pure equity, balanced funds and equity in ELSS was Rs. 86,184 crore, Rs.62,873 crore and Rs.8,511 crore, respectively.
ICICI Prudential MF and Reliance MF followed HDFC MF for the second and third position with equity AUM of Rs.1.46 crore and Rs.91800 crore respectively.
In absolute terms, SBI Mutual Fund recorded an impressive growth of 8% by adding Rs.6,155 crore in assets in July-September 2018. Axis Mutual Fund and ICICI Prudential Mutual Fund followed SBI Mutual Fund by collecting Rs.5,348 crore and Rs.3,411 crore respectively in July-September 2018. Whereas HDFC MF’s AUM increased by Rs. 2,384 crore.
In percentage terms, Invesco Mutual Fund, Tata Mutual Fund and Axis Mutual Fund recorded double digit in their equity assets last quarter.
However, three fund houses - Edelweiss Mutual Fund, DSP BlackRock Mutual Fund and DHFL Pramerica Mutual Fund recorded a marginal decline in their quarterly AUM.
Overall, the total equity AUM of the top 20 fund houses grew 4% from Rs. 9.27 lakh crore in June 2018 to Rs. 9.64 lakh crore as on September 2018.
Equity AUM break up of top 20 fund houses
|
Fund houses |
Total Quarterly Equity AAUM as on September2018 (Rs. Crore) |
Total Quarterly Balanced AAUM as on September2018 (Rs. Crore) |
Total Quarterly ELSS AAUM as on September2018 (Rs. Crore) |
Total Equity AAUM as on September 2018 (Rs. Crore) |
|
HDFC Mutual Fund |
86,184.00 |
62,873.00 |
8,511.00 |
1,57,568.00 |
|
ICICI Prudential Mutual Fund |
1,12,266.00 |
28,333.40 |
5,621.95 |
1,46,221.35 |
|
Reliance Mutual Fund |
67,692.87 |
14,059.69 |
10,025.75 |
91,778.30 |
|
Aditya Birla Sun Life Mutual Fund |
65,901.14 |
17,829.09 |
7,248.64 |
90,978.87 |
|
SBI Mutual Fund |
51578.19624 |
26897.29426 |
7,219.08 |
85,694.57 |
|
Franklin Templeton Mutual Fund |
50,205.47 |
- |
3,795.12 |
54,000.59 |
|
Kotak Mahindra Mutual Fund |
48,246.78 |
- |
772.33 |
49,019.11 |
|
UTI Mutual Fund |
37,964.17 |
6,420.93 |
4,263.83 |
48,648.93 |
|
Axis Mutual Fund |
22,732.58 |
1,322.23 |
18,046.66 |
42,101.47 |
|
DSP Mutual Fund |
30,256.43 |
7,083.54 |
4,534.03 |
41,874.00 |
|
L&T Mutual Fund |
37,072.79 |
- |
3,315.90 |
40,388.69 |
|
IDFC Mutual Fund |
19,527.41 |
1,129.47 |
1,648.19 |
22,305.07 |
|
Tata Mutual Fund |
13,680.80 |
5,104.41 |
1,482.78 |
20,267.99 |
|
Sundaram Mutual Fund |
14,783.30 |
1,219.20 |
3,150.28 |
19,152.78 |
|
Motilal Oswal Mutual Fund |
18,030.93 |
- |
1,112.87 |
19,143.80 |
|
Mirae Asset Mutual Fund |
16,413.39 |
- |
1,117.63 |
17,531.02 |
|
Edelweiss Mutual Fund |
7,551.30 |
- |
87.03 |
7,638.33 |
|
Invesco Mutual Fund |
6,039.42 |
- |
600.85 |
6,640.27 |
|
DHFL Pramerica Mutual Fund |
1,568.78 |
- |
331.87 |
1,900.65 |
|
LIC Mutual Fund |
1,030.65 |
338.65 |
450.81 |
1,820.11 |
|
TOTAL |
7,08,726.40 |
1,72,610.90 |
83,336.61 |
9,64,673.91 |
Figures in crore
Source: Company Disclosure
Equity AUM growth of top 20 fund houses
|
Fund houses |
Total Quarterly Average Equity AUM as on September2018 (Rs. crore) |
Total Quarterly Average Equity AUM as on June 2018 (Rs. crore) |
Increase over last quarter (Rs. crore) |
Increase over last quarter |
|
HDFC Mutual Fund |
1,57,568.00 |
1,55,180.42 |
2,387.58 |
2% |
|
ICICI Prudential Mutual Fund |
1,46,221.35 |
1,42,810.12 |
3,411.23 |
2% |
|
Reliance Mutual Fund |
91,778.30 |
88,496.48 |
3,281.82 |
4% |
|
Aditya Birla Sun Life Mutual Fund |
90,978.87 |
89,031.15 |
1,947.72 |
2% |
|
SBI Mutual Fund |
85,694.57 |
79,539.02 |
6,155.55 |
8% |
|
Franklin Templeton Mutual Fund |
54,000.59 |
53,519.24 |
481.35 |
1% |
|
Kotak Mahindra Mutual Fund |
49,019.11 |
45,406.04 |
3,613.07 |
8% |
|
UTI Mutual Fund |
48,648.93 |
46,982.64 |
1,666.29 |
4% |
|
Axis Mutual Fund |
42,101.47 |
36,752.50 |
5,348.97 |
15% |
|
DSP BlackRock Mutual Fund |
41,874.00 |
42,419.16 |
-545.16 |
-1% |
|
L&T Mutual Fund |
40,388.68 |
38,661.26 |
1,727.42 |
4% |
|
IDFC Mutual Fund |
22,305.07 |
21,372.02 |
933.05 |
4% |
|
Tata Mutual Fund |
20,267.98 |
17,669.26 |
2,598.72 |
15% |
|
Sundaram Mutual Fund |
19,152.78 |
18697 |
455 |
5.5% |
|
Motilal Oswal Mutual Fund |
19,143.80 |
18,151.27 |
992.53 |
5% |
|
Mirae Asset Mutual Fund |
17,531.02 |
15,438.53 |
2,092.49 |
14% |
|
Edelweiss Mutual Fund |
7,638.33 |
7,893.88 |
-255.55 |
-3% |
|
Invesco Mutual Fund |
6,640.27 |
5,127.63 |
1,512.65 |
29% |
|
DHFL Pramerica Mutual Fund |
1,900.64 |
1,944.72 |
-44.08 |
-2% |
|
LIC Mutual Fund |
1,820.11 |
1,818.62 |
1.49 |
0% |
|
TOTAL |
9,64,673.87 |
9,27,160.94 |
37512 |
4% |
Figures in crore
Source: Company disclosure on their web sites
