The latest AMFI data shows that New Delhi, Goa, and Maharashtra were the top three states in terms of highest per capita AUM and AUM to GDP ratio as on December 2019.
While New Delhi ranked first with highest per capital AUM of Rs.1.53 lakh, Goa and Maharashtra followed New Delhi with per capital AUM of Rs.1.16 lakh and Rs.99, 760 respectively.
Other states that have high per capital AUM were Chandigarh, Haryana, Karnataka, Gujarat, Tamil Nadu, Sikkim, and West Bengal.
Per capita AAUM in mutual funds is the total AUM of the state divided by the total number of folios.
In terms of AAUM as a percentage of GDP, these three states topped the chart. While Maharashtra occupied the top spot with 66.5% AAUM as proportion of GDP, New Delhi and Goa followed Maharashtra with 56.7% and 35.8%, respectively.
On the other hand, north-eastern states like Arunachal Pradesh, Tripura, Manipur, Mizoram and Nagaland were among the bottom 10 in terms of both AAUM as a percentage of GDP and per capita AAUM.
List of states having highest per capita AUM and AUM as percentage of GDP
State |
Per capita AUM |
AUM as % of GDP |
New Delhi |
1,52,430 |
56.7 |
Goa |
1,16,161 |
35.8 |
Maharashtra |
99,760 |
66.5 |
Chandigarh |
74,261 |
26.9 |
Harayana |
48,869 |
28.5 |
Karnataka |
31,286 |
27.2 |
Gujarat |
30,679 |
20.9 |
Tamil Nadu |
18,745 |
13.8 |
Sikkim |
17,089 |
- |
West Bengal |
15,692 |
17.9 |
Uttar Pradesh |
5,620 |
11.5 |
Nagaland |
4,991 |
4.9 |
Madhya Pradesh |
4,871 |
- |
Assam |
4,053 |
- |
Arunachal Pradesh |
4,021 |
3.6 |
Tripura |
3,500 |
4.2 |
Mizoram |
3,435 |
3.1 |
Jammu & Kashmir |
2,443 |
3.5 |
Bihar |
1,876 |
4.9 |
Manipur |
1,582 |
2.7 |
Pondicherry |
|
5.7 |