The latest AMFI data shows that New Delhi, Goa and Maharashtra were the top three states with highest per capita AUM and AUM to GDP ratio as on June 2020.
While the per capita AUM of New Delhi was Rs.1.20 lakh, the per capita AUM of Goa and Maharashtra stood at Rs.98,467 and Rs.94,541 respectively.
Per capita AUM in mutual funds is the total AUM of the state divided by the total population fo the state.
Other states that have high per capita AUM were Chandigarh, Haryana, Karnataka, Gujarat, Tamil Nadu, West Bengal and Sikkim.
In terms of AUM as a percentage of GDP, Maharashtra secured the top position with 47.9%. New Delhi and Goa followed Maharashtra with 30.6% and 19.7%, respectively.
Meanwhile, north eastern states like Manipur, Arunachal Pradesh, Tripura and Nagaland were among the bottom 10 in terms of both AUM 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 |
119,787.00 |
30.6 |
Goa |
98,467 |
19.7 |
Maharashtra |
94,541 |
47.9 |
Chandigarh |
58,377.00 |
15.9 |
Haryana |
36,242.00 |
14.2 |
Karnataka |
25,932.00 |
11 |
Gujarat |
24,599.00 |
11.1 |
Tamil Nadu |
15,878.00 |
7.2 |
West Bengal |
14,397.00 |
11.8 |
Sikkim |
13,838.00 |
3.4 |
Orissa |
4,491.00 |
- |
Uttar Pradesh |
4,406.00 |
- |
Madhya Pradesh |
3,871.00 |
- |
Assam |
3,457.00 |
- |
Mizoram |
3,407.00 |
2.1 |
Arunachal Pradesh |
2,840.00 |
1.7 |
Tripura |
2,349.00 |
1.9 |
Jammu & Kashmir |
2,140.00 |
1.8 |
Bihar |
1,574.00 |
3.4 |
Manipur |
1,391.00 |
1.6 |
Jharkhand |
- |
- |
Nagaland |
- |
3.6 |
Uttarakhand |
- |
3.5 |
Himachal Pradesh |
- |
3.2 |