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  • MF News SBI, HDFC, ICICI Prudential are the most popular MF companies among B30 investors

    SBI, HDFC, ICICI Prudential are the most popular MF companies among B30 investors

    Top three fund houses collectively manage Rs. 2.68 lakh crore or 43% of the total B30 assets.
    Karishma Gagwani Jan 31, 2022

    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

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