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  • MF News Despite covid-19, MF industry size reaches Rs.27 lakh crore in Jan-Mar

    Despite covid-19, MF industry size reaches Rs.27 lakh crore in Jan-Mar

    Amidst the corona pandemic, 20 out of the 41 fund houses saw an increase in their AUM.
    Sridhar Kumar Sahu Apr 7, 2020

    20 fund houses have witnessed their AUM increase in the March quarter. Overall, the MF industry comprising 41 fund houses has added over Rs 25,500 crore in its AUM kitty between January and March last fiscal.

    Among the gainers, SBI MF tops the league. The largest fund house’s AUM grew by Rs 20,900 crore or 6% to reach Rs 3.73 lakh crore in the March quarter.

    Next in the list is Axis MF. The fund house has added over Rs 15,530 crore to its total AUM, which took its total AUM to Rs 1.38 lakh crore.

    The next two fund houses in this list are Edelweiss MF and Kotak MF. While Edelweiss MF added over Rs 12,000 crore, Kotak MF accumulated over Rs 9,120 crore during Jan-Mar. Mirae Asset MF and DSP MF added over Rs 3,000 crore each and emerged as the 5th and 6th top gainers in Jan-Mar.

    Here are a few more key points:

     

    AAUM in Rs crore

     

     

    Fund house

    AAUM Jan -Mar

    AAUM Oct-Dec

    Change

    SBI

    373,536.61

    352,631.93

    20,904.68

    HDFC

    369,782.80

    382,517.03

    -12,734.24

    ICICI Prudential

    350,743.49

    361,506.57

    -10,763.09

    Aditya Birla Sun Life

    247,521.68

    249,925.99

    -2,404.31

    Nippon India

    204,883.72

    204,370.79

    512.93

    Kotak

    186,088.47

    176,961.25

    9,127.22

    UTI

    151,512.53

    157,119.09

    -5,606.56

    Axis Mutual Fund

    138,401.62

    122,867.23

    15,534.39

    Franklin Templeton

    116,322.80

    126,475.25

    -10,152.45

    IDFC

    103,911.79

    104,629.71

    -717.91

    DSP

    80,421.59

    77,212.54

    3,209.06

    L&T

    71,055.79

    71,587.10

    -531.31

    Tata

    53,149.03

    52,677.67

    471.36

    Mirae Asset

    43,200.31

    39,349.03

    3,851.28

    Sundaram

    31,376.81

    31,469.33

    -92.52

    Invesco

    25,664.50

    25,182.36

    482.14

    Edelweiss

    24,471.58

    12,414.68

    12,056.89

    Motilal Oswal

    19,956.53

    20,281.49

    -324.95

    Canara Robeco

    17,942.45

    17,310.03

    632.42

    LIC

    16,605.41

    16,623.64

    -18.24

    Baroda

    11,808.53

    11,153.06

    655.47

    HSBC

    11,327.31

    11,255.27

    72.04

    BNP Paribas

    7,647.31

    7,731.26

    -83.94

    Principal

    6,403.41

    6,729.79

    -326.38

    JM Financial

    6,109.27

    5,683.03

    426.24

    Mahindra

    5,396.27

    5,258.47

    137.81

    IDBI

    5,030.93

    5,088.64

    -57.71

    PGIM India

    4,335.29

    4,042.07

    293.21

    Union

    4,075.49

    4,284.54

    -209.06

    PPFAS

    3,137.64

    2,770.38

    367.27

    BOI AXA

    2,270.76

    2,323.19

    -52.43

    IIFL

    1,832.44

    1,231.52

    600.92

    Indiabulls

    1,549.59

    1,452.63

    96.96

    Quantum

    1,361.63

    1,457.13

    -95.50

    Essel

    763.07

    855.51

    -92.43

    ITI

    526.80

    170.28

    356.52

    Taurus

    418.52

    431.34

    -12.82

    YES

    252.52

    395.27

    -142.74

    quant

    248.56

    81.52

    167.04

    Shriram

    182.28

    184.62

    -2.35

    Sahara

    46.48

    50.13

    -3.64

    Total

    2,701,273.60

    2,675,742.34

    25,531.26

     

    AUM of HDFC MF declined by more than Rs 12,730 crore to Rs. 3.70 lakh crore.

     

    In AUM terms, SBI MF, HDFC MF and ICICI Prudential MF are the top 3 fund houses, respectively. Aditya Birla Sun Life MF and Nippon India MF are the 4th and 5th largest players in the MF industry.

    Have a query or a doubt?
    Need a clarification or more information on an issue?
    Cafemutual welcomes all mutual fund and insurance related questions. So write in to us at newsdesk@cafemutual.com

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    1 Comment
    Anup · 4 years ago `
    I bet SBI AMC is going to announce IPO once the market settles down. We saw the same trend with SBI cards, wherein they posted massive increase in sales in the last 6 months prior to the IPO.
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