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  • MF News HDFC, Axis and ICICI Prudential - top three equity players

    HDFC, Axis and ICICI Prudential - top three equity players

    Top five fund houses account for 46% of the industry’s total equity assets.
    Bhakti Makwana Apr 19, 2021

    HDFC MF, Axis MF and ICICI Prudential MF were the top three fund houses in terms of equity average AUM as on March 2021, shows an analysis of quarterly average AUM of all fund houses.

    Equity average AUM includes pure equity schemes and ELSS.

    HDFC MF topped the list of fund houses having the highest equity assets. The fund house average was Rs.99205 crore as on March 2021, Axis MF and ICICI MF followed HDFC MF with average AUM of Rs.97,336 crore and Rs.95,731 crore, respectively.

    Further, analysis of the top 30 AMCs shows that the top five fund houses accounted for an average AUM of Rs.4.65 lakh crore, which is 46% of the total equity average AUM.

    Next in the list was SBI MF with equity average AUM of Rs.93,420 crore followed by Aditya Birla Sun Life MF and Nippon India MF with assets of Rs.80,152 crore and Rs.72,102 crore, respecvely.

    Kotak MF, Mirae Asset MF, UTI MF and Franklin Templeton MF were other AMCs in the top 10 AMCs list of highest equity AAUM.

    Overall, the top 30 AMCs manage around Rs.10 lakh crore of AAUM.

    Equity AAUM of top 30 fund houses for Jan-Mar (in Rs crores)

    AMC

    Growth/ Equity Oriented Schemes

    ELSS Funds

    Total Equity

    HDFC MF

    89,868.51

    9,337.47

    99,205.98

    Axis MF

    69,618.24

    27,718.48

    97,336.72

    ICICI Prudential MF

    87,465.69

    8,265.32

    95,731.01

    SBI MF

    83,162.23

    10,258.60

    93,420.84

    Aditya Birla Sun Life MF

    66,134.27

    14,018.00

    80,152.27

    Nippon

    60980.0275

    11,122.74

    72,102.77

    Kotak

    61,490.06

    1,667.67

    63,157.72

    Mirae Asset MF

    50,743.01

    6,255.02

    56,998.03

    UTI MF

    45,747.38

    5,002.67

    50,750.05

    Franklin Templeton

    43,409.80

    4,412.15

    47,821.95

    DSP MF

    35,654.13

    7,857.76

    43,511.89

    L&T MF

    26,747.22

    3,464.88

    30,212.10

    IDFC MF

    14,597.78

    14,597.78

    29,195.57

    Tata MF

    18,601.46

    2,627.33

    21,228.79

    Sundaram MF

    18,309.76

    2,715.87

    21,025.63

    Motilal Oswal MF

    16,118.15

    2,014.69

    18,132.84

    Invesco MF

    15,189.69

    1,467.30

    16,656.99

    Canara Robeco MF

    14,468.42

    1,710.03

    16,178.44

    PPFAS MF

    7,364.83

    132.38

    7497.2082

    Principal MF

    4,954.40

    803.13

    5,757.53

    Edelweiss MF

    3,900.03

    159.75

    4,059.78

    BNP Paribas MF

    3,283.27

    501.98

    3,785.24

    Baroda MF

    3,113.41

    196.29

    3,309.71

    HSBC MF

    3,116.83

    170.87

    3,287.70

    LIC MF

    1,948.73

    680.73

    2,629.46

    PGIM India MF

    1,820.35

    357.63

    2,177.98

    Union MF

    1,772.24

    330.57

    2,102.81

    IDBI MF

    1,554.04

    523.42

    2,077.46

    Mahindra Manulife MF

    1,700.08

    339.72

    2,039.80

    JM Financial MF

    451.85

    51.34

    503.19

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