The December quarter ended on a positive note for the MF industry with average AUM of pure equity funds and ELSS witnessing over 6% growth to rise past the Rs.8 lakh crore mark, shows AMFI data.
An analysis of quarterly average AUM of 36 fund houses shows that SBI MF marked the highest growth in its equity average AUM. The fund house’s equity average AUM rose by Rs 12,822 crore to Rs.74,141 crore, an increase of 21% in just three months.
Here equity AUM includes pure equity schemes and ELSS.
Axis MF followed the two by registering a growth of 16% or Rs 7,676 crore in its equity AAUM to Rs.54,226 crore. Next in the list were Kotak MF and Mirae Asset MF. These two fund houses witnessed an increase of Rs 5,309 crore and Rs 5,139 crore in their equity average AUM, respectively.
|
AMC |
EQUITY+ELSS (Rs crore) DEC |
EQUITY+ELSS (Rs crore) SEP |
Change in AAUM |
|
|
SBI |
74,141.22 |
61,318.75 |
12,822.47 |
21% |
|
Axis |
54,226.57 |
46,550.27 |
7,676.30 |
16% |
|
Kotak |
44,187.18 |
38,877.44 |
5,309.74 |
14% |
|
Mirae |
31,985.63 |
26,845.95 |
5,139.68 |
19% |
|
HDFC |
93,410.56 |
89,260.30 |
4,150.26 |
5% |
Meanwhile, HDFC MF and ICICI Prudential MF retained the first and second spot, respectively in terms of equity AAUM. While HDFC MF’s equity AAUM for Oct-Dec grew to Rs 93,410 crore in December 2019, ICICI Prudential MF’s AAUM stood at Rs 77, 505 crore.
Apart from these fund houses, Aditya Birla Sun Life, Nippon India, Franklin Templeton and UTI were among the top 10 MFs in terms of equity AUM.
Overall, 16 fund houses saw their equity AAUM rise by more than Rs 1000 crore last quarter.
|
AMC |
EQUITY+ELSS (Rs crore) DEC |
EQUITY+ELSS (Rs crore) SEP |
Change in AAUM |
|
HDFC |
93,410.56 |
89,260.30 |
4,150.26 |
|
ICICI Prudential |
77,505.32 |
73,566.81 |
3,938.51 |
|
SBI |
74,141.22 |
61,318.75 |
12,822.47 |
|
Aditya Birla Sun Life |
71,833.55 |
68,499.74 |
3,333.81 |
|
Nippon India |
66,387.47 |
63,673.64 |
2,713.83 |
|
Axis |
54,226.57 |
46,550.27 |
7,676.30 |
|
Franklin Templeton |
50,855.60 |
49,154.86 |
1,700.74 |
|
Kotak |
44,187.18 |
38,877.44 |
5,309.74 |
|
UTI |
39,060.15 |
36,989.26 |
2,070.89 |
|
DSP |
33,212.59 |
30,716.52 |
2,496.07 |
|
Mirae |
31,985.63 |
26,845.95 |
5,139.68 |
|
L&T |
31,001.51 |
29,691.05 |
1,310.46 |
|
Tata |
20,087.99 |
18,524.52 |
1,563.47 |
|
Motilal Oswal |
19,098.30 |
17,899.71 |
1,198.59 |
|
Sundaram |
18,498.12 |
17,475.21 |
1,022.91 |
|
IDFC |
17,089.65 |
16,512.67 |
576.98 |
|
Invesco |
9,820.20 |
8,558.53 |
1,261.67 |
|
Canara Robeco |
8,800.73 |
7,942.22 |
858.51 |
|
Principal |
4,271.14 |
4,497.12 |
-225.98 |
|
BNP Paribas |
3,381.87 |
3,233.51 |
148.36 |
|
JM Financial |
3,191.10 |
3,178.09 |
13.01 |
|
HSBC |
3,148.66 |
3,271.49 |
-122.83 |
|
Edelweiss |
2,934.06 |
2,663.12 |
270.94 |
|
PPFAS |
2,424.45 |
2,072.81 |
351.64 |
|
Union |
2,317.93 |
2,174.42 |
143.51 |
|
IDBI |
2,210.76 |
2,194.29 |
16.47 |
|
LIC |
1,838.23 |
1,683.24 |
154.99 |
|
Mahindra |
1,308.47 |
1,219.52 |
88.95 |
|
Baroda |
1,089.11 |
1,038.93 |
50.18 |
|
PGIM India |
983.95 |
944.92 |
39.03 |
|
BOI AXA |
652.43 |
1,038.54 |
-386.11 |
|
IIFL |
466.37 |
392.77 |
73.60 |
|
Indiabulls |
370.48 |
400.49 |
-30.01 |
|
Shriram |
81.99 |
75.82 |
6.17 |
|
Quant |
38.94 |
38.94 |
-0.00 |
|
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