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 |