SBI Mutual Fund has the highest market share in T30 cities. Of the total assets of Rs.5.06 lakh crore, T30 assets account for 78% or Rs.3.94 lakh crore as on March 2021.
ICICI Prudential Mutual Fund and HDFC Mutual Fund follow SBI Mutual Fund with assets of Rs.3.50 lakh crore and Rs.3.49 lakh crore, respectively. The next two in the list are Aditya Birla Sun Life Mutual Fund and Kotak Mahindra Mutual Fund with assets of Rs.2.27 lakh crore and 2.12 lakh crore, respectively.
These findings is based on analysis of the year end monthly AUM data done by Cafemutual. T30 refers to the top 30 geographical locations.
T30 AAUM comprises equity, debt, balanced schemes, exchange traded fund (gold & others), and fund of funds investing overseas. It takes into account contribution through direct plan, associate distributors, and non - associate distributors. And, is a total of contribution of sponsor and its associates and contribution of other than sponsor and its associates.
The next five fund houses are Nippon India Mutual Fund (Rs. 1.89 lakh crore), Axis Mutual Fund (Rs. 1.61 lakh crore), UTI Mutual Fund (Rs. 1.42 lakh crore), IDFC Mutual Fund (Rs. 1.13 lakh crore) and DSP Mutual Fund (Rs. 0.84 lakh crore).
Overall, the total monthly AAUM of the top 25 fund houses was Rs. 31.80 lakh crore of which Rs.26.64 lakh crore or 84% of the total assets was from T30 locations. Equity and debt contribute Rs. 8.99 lakh crore and Rs. 13.62 lakh crore respectively from T30 locations. These form around 33% and 51% respectively of the total T30 AAUM.
Here is the list of the 25 fund houses along with their AAUM details.
|
Sr No |
Fund house |
Monthly AAUM Mar 21 |
Total T30 AAUM Mar 21 |
Total T30 as a % of monthly AAUM |
Equity T30 AAUM Mar 21 |
Equity T30 as a % of Total T30 |
Debt T30 AAUM Mar 21 |
Debt T30 as a % of Total T30 |
|
1 |
SBI Mutual Fund |
5,06,012.85 |
3,94,130.98 |
77.89% |
66,742.19 |
16.93% |
1,64,319.03 |
41.69% |
|
2 |
HDFC Mutual Fund |
4,09,807.22 |
3,48,673.28 |
85.08% |
88,224.00 |
25.30% |
2,12,098.68 |
60.83% |
|
3 |
ICICI Prudential Mutual Fund |
4,07,785.52 |
3,50,483.97 |
85.95% |
1,18,267.33 |
33.74% |
2,01,537.17 |
57.50% |
|
4 |
Aditya Birla Sun Life Mutual Fund |
2,71,002.61 |
2,27,248.13 |
83.85% |
62,274.40 |
27.40% |
1,56,466.51 |
68.85% |
|
5 |
Kotak Mahindra Mutual Fund |
2,33,319.40 |
2,12,320.29 |
91.00% |
78,955.80 |
37.19% |
1,22,517.57 |
57.70% |
|
6 |
Nippon India Mutual Fund |
2,30,335.51 |
1,89,075.87 |
82.09% |
63,070.19 |
33.36% |
87,580.73 |
46.32% |
|
7 |
Axis Mutual Fund |
1,97,184.28 |
1,61,481.57 |
81.89% |
79,034.39 |
48.94% |
79,898.78 |
49.48% |
|
8 |
UTI Mutual Fund |
1,85,254.18 |
1,41,937.75 |
76.62% |
35,908.91 |
25.30% |
65,666.46 |
46.26% |
|
9 |
IDFC Mutual Fund |
1,21,353.36 |
1,13,352.63 |
93.41% |
22,677.32 |
20.01% |
90,248.38 |
79.62% |
|
10 |
DSP Mutual Fund |
97,755.63 |
84,405.68 |
86.34% |
39,554.48 |
46.86% |
38,081.78 |
45.12% |
|
11 |
Franklin Templeton Mutual Fund |
78,845.63 |
65,779.77 |
83.43% |
40,367.93 |
61.37% |
22,921.56 |
34.85% |
|
12 |
L&T Mutual Fund |
72,175.80 |
63,175.34 |
87.53% |
33,420.55 |
52.90% |
29,754.80 |
47.10% |
|
13 |
Mirae Asset Mutual Fund |
72,009.49 |
61,800.07 |
85.82% |
54,944.75 |
88.91% |
6,143.17 |
9.94% |
|
14 |
Tata Mutual Fund |
61,572.84 |
51,763.92 |
84.07% |
21,803.89 |
42.12% |
24,823.74 |
47.96% |
|
15 |
Edelweiss Mutual Fund |
48,403.66 |
45,773.25 |
94.57% |
10,224.18 |
22.34% |
3,150.05 |
6.88% |
|
16 |
Invesco Mutual Fund |
37,444.13 |
32,446.82 |
86.65% |
15,391.11 |
47.43% |
16,439.05 |
50.66% |
|
17 |
Sundaram Mutual Fund |
31,850.39 |
23,581.22 |
74.04% |
14,405.10 |
61.09% |
8,008.03 |
33.96% |
|
18 |
Canara Robeco Mutual Fund |
29,593.64 |
22,129.58 |
74.78% |
13,034.44 |
58.90% |
5,751.11 |
25.99% |
|
19 |
Motilal Oswal Mutual Fund |
25,899.32 |
22,678.37 |
87.56% |
18,767.39 |
82.75% |
1,004.64 |
4.43% |
|
20 |
LIC Mutual Fund |
16,947.05 |
13,996.76 |
82.59% |
1,524.85 |
10.89% |
10,079.29 |
72.01% |
|
21 |
HSBC Mutual Fund |
10,212.50 |
9,414.71 |
92.19% |
2,964.48 |
31.49% |
6,217.59 |
66.04% |
|
22 |
Baroda Mutual Fund |
10,072.05 |
7,608.28 |
75.54% |
1,885.32 |
24.78% |
5,537.55 |
72.78% |
|
23 |
PPFAS Mutual Fund |
9,352.05 |
7,818.72 |
83.60% |
6,784.03 |
86.77% |
1,034.69 |
13.23% |
|
24 |
BNP Paribas Mutual Fund |
7,656.64 |
6,570.84 |
85.82% |
4,043.70 |
61.54% |
2,055.21 |
31.28% |
|
25 |
Principal Mutual Fund |
7,844.51 |
6,413.75 |
81.76% |
4,959.34 |
77.32% |
512.19 |
7.99% |
|
|
Total |
31,79,690.30 |
26,64,061.56 |
|
8,99,230.08 |
|
13,61,847.74 |
|
ICICI Prudential Mutual fund has the highest T30 equity AAUM of Rs. 1.18 lakh crore. Here is the ranking of the other fund houses. The figures mentioned are in crore.
|
Sr No |
Fund house |
T30 Equity AAUM Mar 21 |
|
1 |
ICICI Prudential Mutual Fund |
1,18,267.33 |
|
2 |
HDFC Mutual Fund |
88,224.00 |
|
3 |
Axis Mutual Fund |
79,034.39 |
|
4 |
Kotak Mahindra Mutual Fund |
78,955.80 |
|
5 |
SBI Mutual Fund |
66,742.19 |
|
6 |
Nippon India Mutual Fund |
63,070.19 |
|
7 |
Aditya Birla Sun Life Mutual Fund |
62,274.40 |
|
8 |
Mirae Asset Mutual Fund |
54,944.75 |
|
9 |
Franklin Templeton Mutual Fund |
40,367.93 |
|
10 |
DSP Mutual Fund |
39,554.48 |
|
|
Total |
6,91,435.47 |
In terms of debt assets, HDFC Mutual Fund has the highest T30 debt AAUM of Rs. 2.12 lakh crore. The performance of other fund houses is tabulated here. The figures mentioned are in crore.
|
Sr No |
Fund house |
T30 Debt AAUM Mar 21 |
|
1 |
HDFC Mutual Fund |
2,12,098.68 |
|
2 |
ICICI Prudential Mutual Fund |
2,01,537.17 |
|
3 |
SBI Mutual Fund |
1,64,319.03 |
|
4 |
Aditya Birla Sun Life Mutual Fund |
1,56,466.51 |
|
5 |
Kotak Mahindra Mutual Fund |
1,22,517.57 |
|
6 |
IDFC Mutual Fund |
90,248.38 |
|
7 |
Nippon India Mutual Fund |
87,580.73 |
|
8 |
Axis Mutual Fund |
79,898.78 |
|
9 |
UTI Mutual Fund |
65,666.46 |
|
10 |
DSP Mutual Fund |
38,081.78 |
|
|
Total |
12,18,415.07 |
