Industry’s assets inch up 4% from Rs 7.86 lakh crore in December 2012 to Rs 8.16 lakh crore in March.
HDFC Mutual Fund retained its top position during Jan – March quarter, recording an asset growth of Rs 328 crore compared to previous quarter, as per the latest data released by AMFI. HDFC’s assets stand at Rs 1.01 lakh crore.
HDFC’s closest competitor - Reliance AMC’s assets grew faster by Rs 3944 crore to reach Rs 94580 crore in March 2013 from Rs 90636 crore in December 2012.
ICICI Prudential recorded the highest growth in assets at Rs 6441 crore, followed by Reliance Mutual Fund (Rs 3944 crore), Kotak Mahindra (Rs 3589 crore), IDFC (Rs 2884 crore), and Baroda Pioneer (Rs 1897 crore).
Data on the assets of Escorts, IDBI and JP Morgan were not available yet. Eight fund houses recoded a dip in their assets during Jan – March 2013.
Industry’s assets inched up 1% from Rs 7.86 lakh crore in December 2012 to Rs 7.94 lakh crore in March.
Top 10 AMCs
|
AMC |
Jan-Mar 2013 |
Oct-Dec 2012 |
Change % |
Change Absolute |
|
HDFC |
101720 |
101393 |
0% |
328 |
|
Reliance |
94580 |
90636 |
4% |
3944 |
|
ICICI Prudential |
87835 |
81394 |
8% |
6441 |
|
Birla Sun Life |
77046 |
76890 |
0% |
157 |
|
UTI |
69450 |
70638 |
-2% |
-1188 |
|
SBI |
54905 |
53311 |
3% |
1594 |
|
Franklin Templeton |
41564 |
40869 |
2% |
696 |
|
Kotak Mahindra |
35361 |
31773 |
11% |
3589 |
|
IDFC |
32886 |
30002 |
10% |
2884 |
|
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