AMFI’s latest data shows that New Delhi, Goa and Maharashtra are the top three states with highest per capita AUM and AUM to GDP ratio as on October 2020.
While the per capita AUM of New Delhi was Rs.1.21 lakh, the per capita AUM of Goa and Maharashtra stood at Rs.1.06 lakh and Rs.1.02 lakh respectively.
AMFI defines per capita AUM is the total MF AUM of the state divided by the total number of MF folios.
Other states that have high per capita AUM were Chandigarh, Haryana, Karnataka, Gujarat, Tamil Nadu, Sikkim, and West Bengal.
In terms of AUM as a percentage of GDP, Maharashtra ranked first with MF AUM/GDP ratio of 51.5%. New Delhi and Goa followed Maharashtra with 30.9% and 21.2%, respectively.
Currently, eight states have double digit AUM to GDP ratio.
On the other hand, north-eastern states like Arunachal Pradesh, Tripura, Manipur, Mizoram and Nagaland were among the bottom 10 in terms of both AUM as a percentage of GDP and per capita AUM.
List of states having highest per capita AUM and AUM as percentage of GDP
|
State |
Per capita AUM |
AUM as % of GDP |
|
New Delhi |
1,20,812 |
30.9 |
|
Goa |
1,05,974 |
21.2 |
|
Maharashtra |
1,01,592 |
51.5 |
|
Chandigarh |
61,479 |
16.8 |
|
Harayana |
42,201 |
16.5 |
|
Karnataka |
29,552 |
12.6 |
|
Gujarat |
28,649 |
13 |
|
Tamil Nadu |
17,391 |
7.9 |
|
Sikkim |
17,224 |
|
|
West Bengal |
15,199 |
12.5 |
|
Chhattisgarh |
5,051 |
|
|
Uttar Pradesh |
4,851 |
|
|
Madhya Pradesh |
4,429 |
|
|
Mizoram |
4,090 |
2.5 |
|
Assam |
3,960 |
|
|
Arunachal Pradesh |
3,245 |
2 |
