HDFC MF has emerged as the top fund house in T30 cities with an average AUM of Rs 3.33 lakh crore in January 2020. The AAUM in T30 cities is nearly 86% of HDFC MF’s total assets. Next in the list is ICICI Prudential MF with an average AUM of Rs.3.19 lakh crore. This amounts to over 86% AAUM of its total assets.
The third largest fund house in this list is SBI MF, which is the leader in B30 cities. The fund house’s average AUM in January stood at Rs 2.96 lakh crore, around 77% of its total assets.
Next in the list are Aditya Birla Sun Life MF with Rs 2.21 lakh crore AAUM and Kotak MF with Rs 1.75 lakh crore AAUM.
Key highlights
Among the top 20 fund houses, IDFC MF relies the most on T30 cities with over 93% of its assets coming from these cities
Next in this list is Edelweiss MF which gets close to 93% of its total AAUM from T30 cities followed by Kotak MF that gets 91%.
Among the top 20 fund houses, 15 fund houses have over 80% of their AAUM in T30 cities
Five fund houses - SBI, UTI, Sundaram, Canara Robeco and LIC - have less than 80% assets in T30 cities
AUM in Rs crore
|
Fund house |
Total AUM in T30 |
Total AUM |
T30 share |
|
HDFC |
333,041.02 |
388,112.11 |
85.81% |
|
ICICI Pru |
318,656.69 |
368,437.10 |
86.49% |
|
SBI |
296,553.16 |
383,028.14 |
77.42% |
|
ABSL |
221,028.18 |
259,188.76 |
85.28% |
|
Kotak |
175,713.08 |
192,925.11 |
91.08% |
|
Nippon India |
170,625.37 |
210,025.65 |
81.24% |
|
UTI |
119,780.30 |
161,590.88 |
74.13% |
|
Axis |
114,728.38 |
139,229.17 |
82.40% |
|
FT |
111,268.51 |
126,997.10 |
87.62% |
|
IDFC |
100,151.97 |
106,922.69 |
93.67% |
|
DSP |
72,644.13 |
83,123.64 |
87.39% |
|
L&T |
66,706.44 |
74,917.68 |
89.04% |
|
Tata |
49,466.38 |
57,493.23 |
86.04% |
|
Mirae Asset |
39,024.82 |
44,253.13 |
88.19% |
|
Sundaram |
25,746.27 |
33,069.12 |
77.86% |
|
Invesco |
23,817.49 |
27,009.86 |
88.18% |
|
Edelweiss |
22,711.91 |
24,423.77 |
92.99% |
|
Motilal Oswal |
18,297.39 |
20,967.22 |
87.27% |
|
CR |
13,109.74 |
18,071.04 |
72.55% |
|
LIC |
1,123.71 |
2070.9 |
54.26% |
Source - Website of these fund houses
