Of the total industry assets of Rs.32.17 lakh crore as on March 2021, Maharashtra holds a lion’s share of 41.40% followed by New Delhi with 9.5% and Gujarat with 6.7%, shows the latest AMFI data.
Maharashtra has topped across all scheme-types, while New Delhi and Karnataka have secured a position in the top-five list. Gujarat made it to the top five in debt-oriented, equity-oriented and ETFs/FOFs category but missed out in the liquid/money market category.
In terms of equity assets, Maharashtra, Gujarat and New Delhi are the top three state as on March 2021.
Here is the ranking of the top five states category-wise.
|
Liquid/Money Market Category |
Debt-oriented Category |
||||
|
Sr No |
State |
Asset Size (Rs. in crore) |
Sr No |
State |
Asset Size (Rs. in crore) |
|
1 |
Maharashtra |
285,528 |
1 |
Maharashtra |
429,749 |
|
2 |
New Delhi |
64,433 |
2 |
New Delhi |
86,089 |
|
3 |
Karnataka |
33,824 |
3 |
Gujarat |
73,590 |
|
4 |
Tamil Nadu |
30,018 |
4 |
Karnataka |
70,905 |
|
5 |
Haryana |
27,618 |
5 |
Haryana |
65,449 |
|
Equity-oriented Category |
ETFs/FoFs Category |
||||
|
Sr No |
State |
Asset Size (Rs. in crore) |
Sr No |
State |
Asset Size (Rs. in crore) |
|
1 |
Maharashtra |
427,137 |
1 |
Maharashtra |
190,243 |
|
2 |
Gujarat |
115,394 |
2 |
New Delhi |
44,739 |
|
3 |
New Delhi |
109,703 |
3 |
Karnataka |
4,055 |
|
4 |
Karnataka |
103,926 |
4 |
Gujarat |
3,426 |
|
5 |
West Bengal |
90,492 |
5 |
West Bengal |
3,364 |
Maharashtra, New Delhi, Gujarat, Karnataka, West Bengal, Tamil Nadu, and Haryana are also the top seven states in terms of overall assets size.
A review of the asset composition revealed that equity-oriented and debt-oriented schemes have contributed 32% each to the top state’s (Maharashtra) asset base. Liquid/money market and ETFs/FOFs have a share of 21% and 15%, respectively.
The maximum that any state has held in its assets in liquid/money market schemes was 21% in Maharashtra, New Delhi and Tamil Nadu. Haryana on the other hand, holds maximum of its assets in debt-oriented schemes (48%). The majority of the top 20 states derive their assets mainly from equity-oriented schemes, the highest being Bihar with 74% of its assets in equity.
This is how the asset composition of the top 20 states looks like.
|
Sr No |
State |
Liquid/Money Market |
Debt-oriented |
Equity-oriented |
ETFs/FoFs |
|
1 |
Maharashtra |
21% |
32% |
32% |
15% |
|
2 |
New Delhi |
21% |
28% |
36% |
15% |
|
3 |
Gujarat |
11% |
34% |
53% |
2% |
|
4 |
Karnataka |
16% |
33% |
49% |
2% |
|
5 |
West Bengal |
11% |
32% |
55% |
2% |
|
6 |
Tamil Nadu |
21% |
31% |
46% |
2% |
|
7 |
Haryana |
20% |
48% |
30% |
2% |
|
8 |
Uttar Pradesh |
6% |
28% |
65% |
1% |
|
9 |
Rajasthan |
8% |
32% |
59% |
1% |
|
10 |
Telangana |
17% |
29% |
52% |
2% |
|
11 |
Madhya Pradesh |
9% |
25% |
66% |
0% |
|
12 |
Andhra Pradesh |
11% |
28% |
60% |
1% |
|
13 |
Punjab |
6% |
27% |
66% |
1% |
|
14 |
Kerala |
10% |
18% |
70% |
2% |
|
15 |
Jharkhand |
5% |
17% |
69% |
9% |
|
16 |
Orissa |
16% |
26% |
57% |
1% |
|
17 |
Bihar |
2% |
23% |
74% |
1% |
|
18 |
Goa |
8% |
30% |
61% |
1% |
|
19 |
Chhattisgarh |
13% |
22% |
64% |
1% |
|
20 |
Assam |
10% |
25% |
63% |
2% |
