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The equity holdings of top 20 mutual funds surged 14% in a year (June 2021 to June 2022) to Rs. 18.3 lakh crore despite the market remaining flat during the period, shows a report by Motilal Oswal Financial Services.
SBI MF witnessed the highest growth in equity holdings. The largest fund house's equity asset base went up by Rs. 83,400 crore during the period, registering a 28% growth.
ICICI Prudential also witnessed an impressive 21% growth in equity holdings.
PGIM India, PPFAS and Canara Robeco lead the percentage growth chart. While PGIM India's equity assets rose 172%, PPFAS's holdings more than doubled to Rs. 16,500 crore in the last 12 months, shows the report.
|
Fund house |
Equity holding (June-end) |
YoY change (%) |
Cash holding (%) |
|
SBI Mutual Fund |
3,77,800 |
28 |
11 |
|
ICICI Prudential Mutual Fund |
2,11,800 |
21 |
8 |
|
HDFC Mutual Fund |
1,80,800 |
7 |
3 |
|
Nippon India Mutual Fund |
1,41,100 |
11 |
3 |
|
UTI Mutual Fund |
1,38,300 |
10 |
4 |
|
Axis Mutual Fund |
1,24,600 |
9 |
12 |
|
Kotak Mahindra Mutual Fund |
1,20,100 |
16 |
5 |
|
Aditya Birla Sun Life Mutual Fund |
1,01,000 |
-1 |
5 |
|
Mirae Asset Mutual Fund |
87,600 |
19 |
1 |
|
DSP Mutual Fund |
59,300 |
0.6 |
4 |
|
Franklin Templeton Mutual Fund |
45,200 |
-6 |
5 |
|
Tata Mutual Fund |
43,600 |
21 |
5 |
|
Canara Robeco Mutual Fund |
39,500 |
50 |
5 |
|
L&T Mutual Fund |
35,900 |
-11 |
3 |
|
Sundaram Mutual Fund |
28,900 |
-5 |
5 |
|
IDFC Mutual Fund |
24,600 |
-5.1 |
5 |
|
Invesco Mutual Fund |
24,100 |
14 |
3 |
|
Motilal Oswal Mutual Fund |
18,300 |
-11 |
2 |
|
PPFAS Mutual Fund |
16,500 |
115 |
7 |
|
PGIM India Mutual Fund |
12,400 |
172 |
7 |
|
Total |
18,31,400 |
14 |
5 |
|
Nifty |
15,780 |
0.4 |
— |
*All numbers are in Rs crore except for %
