A detailed analysis of category-wise AUM by Cafemutual shows that retail investors have the largest share in equity and solution oriented schemes. They hold 54% of the total equity assets and 71% of the total assets of solution oriented schemes.
On the other hand, HNIs are the leading contributors in the hybrid space.
Here is how retail investors and HNIs are placed across fund categories.
Debt schemes - 39% of total industry assets
Debt AUM stands at Rs. 14.56 lakh crore and is dominated by corporate investors with a whooping share of 69% (Rs. 10.01 lakh crore). Srikanth Matrubhai of SriKavi Wealth said, “Corporate investors typically invest their funds for parking purpose, thereby making debt funds an obvious choice.” The share of retail investors and HNIs stands at 3% (Rs. 39,722 crore) and 24% (Rs. 3.57 lakh crore) respectively.
*Figures mentioned are in crore
Growth/equity oriented schemes - 36% of total industry assets
Out of the total equity AUM of Rs. 13.46 lakh crore, retail investors hold the largest share of 54% (Rs. 7.27 lakh crore). This is followed by HNIs who contribute 37% (Rs. 4.94 lakh crore) to the asset base.
*Figures mentioned are in crore
Index funds, ETFs and FOFs investing overseas - 12% of industry assets
Corporate investors hold a significant stake of 81% (Rs. 3.85 lakh crore) in total AUM of Rs. 4.72 lakh crore. Retail investors and HNIs have a modest share of 6% (Rs. 26,792 crore) and 12% (Rs. 56,035 crore) respectively.
*Figures mentioned are in crore
Hybrid schemes - 12% of industry assets
HNIs lead the hybrid space with a lion’s share of 64% (Rs. 3.02 lakh crore). “After having generated sufficient wealth, HNIs typically seek protection and inflation-adjusted returns through hybrid funds,” said Srikanth. Talking about retail investors, they contribute 20% (Rs. 93,408 crore) to the total asset base of Rs. 4.68 lakh crore.
*Figures mentioned are in crore
Solution oriented schemes-1% of industry assets
This is the second fund category, where retail investors top in terms of AUM size. They form around 71% (Rs. 20,804 crore) of the total asset base. Following them are HNIs who contribute 29% (Rs. 8,677 crore) to this segment. Solution oriented schemes have an AUM of Rs. 29,535 crore.
*Figures mentioned are in crore
