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AMFI data shows that Maharashtra, Gujarat and New Delhi are the top three states in terms of equity AAUM as on March 2022. These three states collectively account for Rs. 8.48 lakh crore.
Maharashtra accounts for the largest share in equity assets. The commercial capital of India has equity AUM of Rs. 5.44 lakh crore as on March 2022. Gujarat and New Delhi individually held Rs. 1.58 lakh crore and Rs. 1.46 lakh crore of equity assets.
Karnataka and West Bengal follow the top three states with equity AUM of Rs. 1.44 lakh crore and Rs. 1.21 lakh crore respectively.
In fixed income space, Maharashtra accounts for the biggest chunk of debt assets at Rs. 10.56 lakh crore. This forms 66% of the state’s total assets.
New Delhi, Karnataka, Gujarat and Haryana have the next highest asset share of Rs. 1.78 lakh crore, Rs. 1.18 lakh crore, Rs. 1.01 lakh crore and Rs. 1 lakh crore, respectively in debt funds.
Here is the state-wise ranking in terms of equity and non-equity assets.