An analysis of average AUM done by Cafemutual shows that the top 25 fund houses manage Rs. 31.25 lakh crore of assets in T30 i.e. top 30 geographic locations. This contributes 84% to their total assets base of Rs. 37.42 lakh crore.
Of these, SBI MF, ICICI Prudential MF and HDFC MF enjoy a lion’s share in T30 locations. They manage assets of Rs. 4.96 lakh crore, Rs. 3.93 lakh crore and Rs. 3.72 lakh crore, respectively.
Kotak Mahindra MF (Rs. 2.57 lakh crore) and Aditya Birla Sun Life MF (Rs. 2.49 lakh crore) secure the next two spots.
In terms of proportion of AUM of T30 location with respect to the total assets, Edelweiss MF tops the chart with 95% of its total assets from T30 locations. HSBC MF, IDFC MF, Kotak Mahindra MF and L&T MF derive the next highest share of 93%, 93%, 91% and 88%, respectively.
Here is how the top 25 fund houses have performed in T30 geographies. The figures mentioned are in crore.
|
Fund house |
Monthly AAUM |
Total T30 AAUM |
T30 AAUM as % of Total AAUM |
|
SBI MF |
6,26,838 |
4,95,889 |
79% |
|
ICICI Prudential MF |
4,60,651 |
3,92,678 |
85% |
|
HDFC MF |
4,41,267 |
3,72,413 |
84% |
|
Aditya Birla Sun Life MF |
2,95,573 |
2,48,647 |
84% |
|
Kotak Mahindra MF |
2,83,607 |
2,57,013 |
91% |
|
Nippon India MF |
2,78,728 |
2,29,889 |
82% |
|
Axis MF |
2,52,120 |
2,04,472 |
81% |
|
UTI MF |
2,18,648 |
1,66,557 |
76% |
|
IDFC MF |
1,22,122 |
1,13,072 |
93% |
|
DSP MF |
1,08,632 |
92,509 |
85% |
|
Mirae Asset MF |
99,268 |
84,124 |
85% |
|
Tata MF |
84,302 |
71,093 |
84% |
|
L&T MF |
77,293 |
67,800 |
88% |
|
Edelweiss MF |
74,752 |
71,100 |
95% |
|
Franklin Templeton MF |
64,319 |
51,824 |
81% |
|
Canara Robeco MF |
45,587 |
34,803 |
76% |
|
Invesco MF |
44,294 |
38,696 |
87% |
|
Sundaram MF |
43,713 |
31,763 |
73% |
|
Motilal Oswal MF |
31,437 |
27,269 |
87% |
|
PPFAS MF |
21,639 |
17,439 |
81% |
|
LIC MF |
18,799 |
15,288 |
81% |
|
PGIM India MF |
15,326 |
13,080 |
85% |
|
HSBC MF |
12,359 |
11,540 |
93% |
|
Baroda MF |
11,968 |
8,622 |
72% |
|
BNP Paribas MF |
8,892 |
7,635 |
86% |
Further analysis shows that ICICI Prudential manages the largest equity base in T30 locations with an equity AAUM of Rs. 1.59 lakh crore while HDFC MF manages the largest chunk of debt assets (Rs. 2.11 lakh crore) from T30 cities.
Here is how the fund houses are placed in the top-ten list, asset-wise. The figures mentioned are in crore.
|
Fund house |
Equity T30 AAUM |
|
ICICI Prudential MF |
1,58,792 |
|
Axis MF |
1,10,423 |
|
HDFC MF |
1,08,884 |
|
Kotak Mahindra MF |
1,08,671 |
|
SBI MF |
91,110 |
|
Nippon India MF |
79,138 |
|
Aditya Birla Sun Life MF |
76,074 |
|
Mirae Asset MF |
74,736 |
|
UTI MF |
51,909 |
|
DSP MF |
51,119 |
|
Fund house |
Debt T30 AAUM |
|
HDFC MF |
2,10,833 |
|
ICICI Prudential MF |
1,93,119 |
|
SBI MF |
1,75,806 |
|
Aditya Birla Sun Life MF |
1,61,084 |
|
Kotak Mahindra MF |
1,34,471 |
|
Nippon India MF |
1,00,508 |
|
Axis MF |
89,080 |
|
IDFC MF |
87,252 |
|
UTI MF |
61,299 |
|
DSP MF |
32,979 |
