An analysis of state-wise penetration shows that New Delhi, Goa and Maharashtra were the top three states in terms of average AUM per folio. These geographies report average AUM per folio of Rs. 1.61 lakh, Rs. 1.40 lakh and Rs. 1.33 lakh, respectively.
Total AUM divided by the total number of folios gives average AUM per folio of the state.
Haryana and Karnataka followed the top three with an average AUM per folio of Rs. 53,620 and Rs. 40,260, respectively.
Gujarat (Rs. 38,120), Tamil Nadu (Rs. 21,190), Sikkim (Rs. 20,950), West Bengal (Rs. 20,030) and Telangana (Rs. 16,700) were the next five states in the top-ten list.
Further, Maharashtra has the highest AUM to GDP ratio at 62%. It was followed by New Delhi (37%) and Goa (29%). Haryana and Gujarat took the next two spots with 18% and 17%, respectively.
Karnataka (16%), West Bengal (15%), Jharkhand (11%), Tamil Nadu (9%) and Uttar Pradesh (9%) were the next five leading states.
The AUM to GDP ratio is total assets of the state divided by its GDP.
Here is the list of states/UTs in the order of their Dec 21 AAUM. It also captures the details of their AUM per capita and AAUM% of GDP.
|
Name of States/ Union Territories |
Dec 21 AAUM (Rs. in Crore) |
AUM per Capita |
AAUM % of GDP |
|
Maharashtra |
16,26,500 |
1,33,150 |
62% |
|
New Delhi |
3,19,100 |
1,61,040 |
37% |
|
Karnataka |
2,64,900 |
40,260 |
16% |
|
Gujarat |
2,59,600 |
38,120 |
17% |
|
West Bengal |
1,94,100 |
20,030 |
15% |
|
Tamil Nadu |
1,60,400 |
21,190 |
9% |
|
Uttar Pradesh |
1,59,300 |
7,080 |
9% |
|
Haryana |
1,53,700 |
53,620 |
18% |
|
Rajasthan |
64,000 |
8,290 |
6% |
|
Telangana |
62,100 |
16,700 |
6% |
|
Madhya Pradesh |
50,500 |
6,140 |
6% |
|
Andhra Pradesh |
46,900 |
8,990 |
5% |
|
Punjab |
41,400 |
13,860 |
7% |
|
Kerala |
40,200 |
11,440 |
5% |
|
Orissa |
35,500 |
8,140 |
7% |
|
Jharkhand |
35,100 |
9,380 |
11% |
|
Bihar |
32,300 |
2,700 |
5% |
|
Goa |
21,600 |
1,40,040 |
29% |
|
Chhattisgarh |
19,900 |
6,940 |
6% |
|
Assam |
19,200 |
5,610 |
6% |
|
Uttarakhand |
13,800 |
12,340 |
6% |
|
Himachal Pradesh |
8,700 |
11,860 |
5% |
|
Jammu and Kashmir |
4,600 |
3,520 |
3% |
|
Meghalaya |
2,800 |
8,710 |
8% |
|
Nagaland |
1,500 |
6,910 |
5% |
|
Tripura |
1,500 |
3,820 |
3% |
|
Sikkim |
1,400 |
20,950 |
4% |
|
Arunachal Pradesh |
1,100 |
7,320 |
4% |
|
Manipur |
800 |
2,680 |
3% |
|
Andaman and Nicobar Islands |
600 |
14,400 |
7% |
|
Mizoram |
600 |
5,250 |
3% |
* Total AAUM as on Dec 2021 is Rs. 37.92 lakh crore
