What is your state’s rank based on MF assets per resident?

New Delhi, Goa and Maharashtra have the highest AUM per capita, respectively, among all the states and union territories (UTs) of India, shows AMFI data. AUM per capita is the total AUM of the state or UT divided by its population.

That Maharashtra and New Delhi feature in this table is not a surprise because they are the top two states in terms of total AUM and account for 51% of the industry’s total AUM. Goa features in this list because the tourists’ favourite state has a sizable MF AUM even though its population is not large.  

While New Delhi’s per capita AUM stood at Rs.1.41 lakh, per capita AUM of Goa was at Rs.1.03 lakh and Maharashtra’s at Rs. 89,973.

Besides Goa, Chandigarh and Sikkim find a spot in the table of top 10 regions having the highest AUM per capita.

Apart from these five, Haryana, Karnataka, Gujarat, Tamil Nadu and West Bengal feature among the top 10 states based on AUM per capita. These states also feature among the top states in terms of total AUM.

In terms of AUM as a percentage of GDP, Maharashtra and New Delhi secured the top two positions with 59.9% and 52.5% respectively. Goa was ranked third in the list with 31.7% followed by Haryana (26.8%), Karnataka (24.7%), Chandigarh (23.4%), Gujarat (19.5%), West Bengal (16.9%), Tamil Nadu (12.4%) and Uttar Pradesh (10.3%). 

Most of the north eastern states like Assam, Tripura, and Manipur are among bottom 10 states with lowest per capita AUM and AUM as a percentage of GDP. 

Here is the list of states having highest per capita AUM and AUM as percentage of GDP: