As on Dec 2021, B30 i.e. beyond 30 geographic locations contribute 16% of the total AAUM, shows an analysis of average Assets Under Management (AAUM) of the top 25 fund houses. Of their total AAUM of Rs. 37.42 lakh crore, these locations account for assets worth Rs. 6.17 lakh crore.
Of these, SBI MF, HDFC MF and ICICI Prudential MF manage Rs. 1.31 lakh crore, Rs. 68,854 crore and Rs. 67,973 crore of B30 assets respectively. UTI MF and Nippon India MF manage the next big share of Rs. 52,091 crore and Rs. 48,839 crore respectively.
Evaluation of the percentage contribution of B30 assets in the total AAUM shows that Baroda MF, Sundaram MF, UTI MF, Canara Robeco MF and SBI MF take the lead. They secure more than 20% of their assets from these locations.
This is how the top 25 fund houses are placed in B30 locations. The figures mentioned are in crore.
Fund house |
Monthly AAUM |
Total B30 AAUM |
B30 AAUM as % of Total AAUM |
SBI MF |
6,26,838 |
1,30,948 |
21% |
ICICI Prudential MF |
4,60,651 |
67,973 |
15% |
HDFC MF |
4,41,267 |
68,854 |
16% |
Aditya Birla Sun Life MF |
2,95,573 |
46,925 |
16% |
Kotak Mahindra MF |
2,83,607 |
26,594 |
9% |
Nippon India MF |
2,78,728 |
48,839 |
18% |
Axis MF |
2,52,120 |
47,648 |
19% |
UTI MF |
2,18,648 |
52,091 |
24% |
IDFC MF |
1,22,122 |
9,050 |
7% |
DSP MF |
1,08,632 |
16,123 |
15% |
Mirae Asset MF |
99,268 |
15,144 |
15% |
Tata MF |
84,302 |
13,208 |
16% |
L&T MF |
77,293 |
9,493 |
12% |
Edelweiss MF |
74,752 |
3,653 |
5% |
Franklin Templeton MF |
64,319 |
12,495 |
19% |
Canara Robeco MF |
45,587 |
10,784 |
24% |
Invesco MF |
44,294 |
5,598 |
13% |
Sundaram MF |
43,713 |
11,950 |
27% |
Motilal Oswal MF |
31,437 |
4,168 |
13% |
PPFAS |
21,639 |
4,244 |
20% |
LIC MF |
18,799 |
3,511 |
19% |
PGIM India MF |
15,326 |
2,246 |
15% |
HSBC MF |
12,359 |
819 |
7% |
Baroda MF |
11,968 |
3,346 |
28% |
BNP Paribas MF |
8,892 |
1,257 |
14% |
Analysis of the asset classes shows that SBI MF enjoys the largest share in B30 markets. The fund house manages Rs. 48,507 crore and Rs. 48,076 crore of equity and debt assets respectively.
Here are the other fund houses that made it to the top ten list. Figures mentioned are in crore.
Fund house |
Equity B30 AAUM |
SBI MF |
48,507 |
ICICI Prudential MF |
47,584 |
Axis MF |
39,817 |
Nippon India MF |
35,920 |
HDFC MF |
34,504 |
UTI MF |
33,221 |
Aditya Birla Sun Life MF |
30,670 |
Kotak Mahindra MF |
19,031 |
Mirae Asset MF |
14,453 |
DSP MF |
12,752 |
Fund house |
Debt B30 AAUM |
SBI MF |
48,076 |
ICICI Prudential MF |
16,656 |
UTI MF |
15,914 |
HDFC MF |
15,432 |
Aditya Birla Sun Life MF |
12,073 |
Nippon India MF |
8,329 |
Kotak Mahindra MF |
7,122 |
Axis MF |
6,301 |
IDFC MF |
3,639 |
DSP MF |
1,928 |