HDFC Mutual Fund, SBI Mutual Fund and ICICI Prudential Mutual Fund are the top three preferred fund houses for retail investors, shows an analysis of AUM data of the top 25 fund houses done by Cafemutual.
These three fund houses = HDFC, SBI and ICICI Pru have highest retail AUM in the said order. With retail assets of Rs.87,700 crore, HDFC MF was the most favourite choice for retail investors. SBI MF and ICICI followed HDFC MF with retail AUM of Rs. 73,800 crore and Rs. 67,500 crore respectively.
Next in the list were Nippon India MF and Aditya Birla Sun Life MF with retail AUM of Rs. 64,300 crore and Rs. 59,000 crore, respectively.
UTI MF (Rs. 54,320 crore), Axis MF (Rs. 54,310 crore), Franklin Templeton MF (Rs. 32,330 crore), DSP MF (Rs. 30,740 crore) and Mirae Asset MF (Rs. 30,006 crore) occupied the next five positions in terms of retail AUM.
Retail AUM comprises equity, debt, balanced schemes, exchange traded fund (gold & others), and fund of funds investing overseas. It takes into account AUM through direct plan, associate distributors, non-associate distributors. Further, it also accounts for T30 and B30 locations along with contribution of other than sponsor in AUM.
Overall, the top 25 fund house have retail assets of close to Rs.7 lakh crore. Majority of these assets i.e. 84% have been invested in equity funds.
Retail equity assets
With assets of Rs.60,335 crore, HDFC Mutual Fund has topped the list of fund houses in terms of retail equity AUM.
Here is the ranking. Figures mentioned are in crore.
|
Sr No |
Fund house |
Retail Equity AAUM Mar 21 |
|
1 |
HDFC Mutual Fund |
60,335.67 |
|
2 |
SBI Mutual Fund |
57,359.19 |
|
3 |
ICICI Prudential Mutual Fund |
56,928.88 |
|
4 |
Nippon India Mutual Fund |
55,948.25 |
|
5 |
Axis Mutual Fund |
50,552.79 |
|
6 |
Aditya Birla Sun Life Mutual Fund |
50,225.49 |
|
7 |
UTI Mutual Fund |
37,404.94 |
|
8 |
Mirae Asset Mutual Fund |
29,241.67 |
|
9 |
Franklin Templeton Mutual Fund |
28,844.66 |
|
10 |
DSP Mutual Fund |
27,481.26 |
Retail debt AUM
UTI MF has the highest retail debt assets with AUM of Rs.14,600 crore.
Here is the order of the ranking. Figures mentioned are in crore.
|
Sr No |
Fund house |
Retail Debt AAUM Mar 21 |
|
1 |
UTI Mutual Fund |
14,607.53 |
|
2 |
SBI Mutual Fund |
8,457.51 |
|
3 |
ICICI Prudential Mutual Fund |
6,411.19 |
|
4 |
HDFC Mutual Fund |
5,644.04 |
|
5 |
Aditya Birla Sun Life Mutual Fund |
5,143.77 |
|
6 |
Nippon India Mutual Fund |
4,067.02 |
|
7 |
Axis Mutual Fund |
2,935.01 |
|
8 |
Franklin Templeton Mutual Fund |
2,725.07 |
|
9 |
Kotak Mahindra Mutual Fund |
2,243.42 |
|
10 |
IDFC Mutual Fund |
1,489.82 |
Here is the list of MFs based on retail AUM.
|
Sr No |
Fund house |
Average AAUM Jan-Mar 21 |
Total Retail AAUM Mar 21 |
Retail Equity AAUM Mar 21 |
Retail Debt AAUM Mar 21 |
|
1 |
SBI Mutual Fund |
5,04,455 |
73,780.93 |
57,359.19 |
8,457.51 |
|
2 |
HDFC Mutual Fund |
4,15,566 |
87,713.13 |
60,335.67 |
5,644.04 |
|
3 |
ICICI Prudential Mutual Fund |
4,05,406 |
67,543.70 |
56,928.88 |
6,411.19 |
|
4 |
Aditya Birla Sun Life Mutual Fund |
2,69,278 |
59,017.00 |
50,225.49 |
5,143.77 |
|
5 |
Kotak Mahindra Mutual Fund |
2,33,780 |
27,419.19 |
25,012.01 |
2,243.42 |
|
6 |
Nippon India Mutual Fund |
2,28,586 |
64,344.63 |
55,948.25 |
4,067.02 |
|
7 |
Axis Mutual Fund |
1,96,549 |
54,314.15 |
50,552.79 |
2,935.01 |
|
8 |
UTI Mutual Fund |
1,82,853 |
54,318.08 |
37,404.94 |
14,607.53 |
|
9 |
IDFC Mutual Fund |
1,22,131 |
12,583.55 |
10,939.54 |
1,489.82 |
|
10 |
DSP Mutual Fund |
97,386 |
30,742.23 |
27,481.26 |
1,323.98 |
|
11 |
Franklin Templeton Mutual Fund |
82,553 |
32,330.00 |
28,844.66 |
2,725.07 |
|
12 |
L&T Mutual Fund |
72,728 |
21,887.24 |
20,999.61 |
887.63 |
|
13 |
Mirae Asset Mutual Fund |
69,598 |
30,006.74 |
29,241.67 |
753.61 |
|
14 |
Tata Mutual Fund |
62,078 |
16,152.67 |
13,610.89 |
678.88 |
|
15 |
Edelweiss Mutual Fund |
46,849 |
3,273.06 |
2,481.81 |
210.45 |
|
16 |
Invesco Mutual Fund |
36,795 |
8,715.10 |
7,660.45 |
956.74 |
|
17 |
Sundaram Mutual Fund |
32,052 |
12,673.76 |
11,788.40 |
436.06 |
|
18 |
Canara Robeco Mutual Fund |
28,273 |
12,098.04 |
9,883.85 |
973.64 |
|
19 |
Motilal Oswal Mutual Fund |
25,460 |
9,649.86 |
9,305.22 |
189.09 |
|
20 |
LIC Mutual Fund |
16,927 |
2,251.88 |
1,701.92 |
446.81 |
|
21 |
HSBC Mutual Fund |
10,385 |
1,071.71 |
975.29 |
66.26 |
|
22 |
Baroda Mutual Fund |
9,641 |
2,093.11 |
1,690.48 |
186.38 |
|
23 |
PPFAS Mutual Fund |
8,720 |
3,633.64 |
3,451.90 |
181.73 |
|
24 |
BNP Paribas Mutual Fund |
7,837 |
2,383.91 |
2,111.00 |
148.39 |
|
25 |
Principal Mutual Fund |
7,768 |
4,016.41 |
3,574.15 |
89.38 |
|
|
Total |
31,73,654 |
6,94,013.72 |
5,79,509.30 |
61,253.43 |
