HDFC, ICICI Pru, SBI, Axis and ABSL top five players in equity AUM league

HDFC MF, ICICI Prudential MF and SBI MF have emerged as the top three fund houses in terms of equity AAUM in the Jul-Sep quarter. 

Equity AAUM includes pure equity schemes and ELSS.

HDFC MF’s equity AAUM for Jul-Sep stood at Rs 95,405 crore, ICICI Prudential MF’s at Rs 77, 860 crore and SBI MF’s at Rs 72,545 crore.

Next in this list is Axis MF with an equity AAUM of Rs 71,601 crore followed by Aditya Birla Sun Life MF with Rs 66,690 crore equity AAUM.

An analysis of top 20 fund houses’ assets shows that there have been a couple of changes in the position of top five players in terms of equity assets this quarter. This includes SBI MF emerging as the third largest player in the equity AAUM league and Axis MF emerging as the fourth largest player. 

In Jan-Mar quarter of FY20, HDFC, ICICI Prudential, Aditya Birla Sun Life, SBI and Nippon were the top 5 players in terms of equity AAUM, respectively.  

Apart from these five fund houses, Nippon India, Kotak, Franklin Templeton, Mirae Asset and UTI were among the top 10 fund houses based on AAUM of equity schemes. 

Hybrid assets

In terms of total assets in hybrid funds, ICICI Prudential MF has emerged as the top player. In the January- March quarter, HDFC MF was at the top of the table.

Jul-Sep data shows that ICICI Prudential, HDFC, SBI, Kotak and Nippon India MF are now the top 5 fund houses in terms of total AUM in hybrid schemes.