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An analysis of Average Assets under Management (AAUM) for September 2022 quarter shows that SBI MF and ICICI Prudential MF continue to occupy the first two spots, respectively.
While SBI MF recorded an average AUM of Rs. 6.82 lakh crore, ICICI Prudential MF recorded assets of 4.76 lakh crore as on September 2022.
HDFC MF was the third fund house as per June 2022 quarter rankings with an AUM of Rs. 4.15 lakh crore. However, the latest AUM details were not available at the time of filing this story.
Nippon India MF (Rs. 2.85 lakh crore), Aditya Birla Sun Life MF (Rs. 2.83 lakh crore) and Kotak MF (Rs. 2.82 lakh crore) are the next top fund houses with a marginal difference in the AAUM. Notably, Nippon India MF and Kotak MF swapped positions. While Nippon India MF moved up to fourth, Kotak MF slipped to the sixth spot. Aditya Birla Sun Life MF stayed at fifth.
In terms of AAUM growth, WhiteOak Capital recorded the highest growth of over 400%. This can be attributed to low base at the start of the quarter coupled with multiple NFOs launched during the quarter.
The next AAUM growth is recorded by Navi (28%) and quant (27%).
Here are the latest AAUM details.
|
Mutual Fund |
Average AUM (September Qtr 2022) |
Average AUM (June Qtr 2022) |
Change |
% Change |
|
SBI |
6,82,607 |
6,47,474 |
35,133 |
5.4% |
|
ICICI Prudential |
4,76,191 |
4,65,468 |
10,723 |
2.3% |
|
Nippon India |
2,85,054 |
2,79,431 |
5,623 |
2.0% |
|
Aditya Birla Sun Life |
2,82,580 |
2,81,527 |
1,053 |
0.4% |
|
Kotak |
2,82,058 |
2,82,002 |
56 |
0.0% |
|
Axis |
2,48,343 |
2,45,510 |
2,833 |
1.2% |
|
UTI |
2,33,595 |
2,24,279 |
9,316 |
4.2% |
|
IDFC |
1,19,870 |
1,16,928 |
2,942 |
2.5% |
|
DSP |
1,11,341 |
1,06,682 |
4,659 |
4.4% |
|
Mirae Asset |
1,09,256 |
1,00,726 |
8,530 |
8.5% |
|
Edelweiss |
88,590 |
81,861 |
6,729 |
8.2% |
|
L&T |
71,703 |
71,570 |
133 |
0.2% |
|
Franklin Templeton |
61,278 |
58,812 |
2,466 |
4.2% |
|
Canara Robeco |
55,149 |
49,253 |
5,896 |
12.0% |
|
Sundaram |
42,422 |
39,954 |
2,468 |
6.2% |
|
Invesco |
42,273 |
40,159 |
2,114 |
5.3% |
|
Motilal Oswal |
29,540 |
28,522 |
1,018 |
3.6% |
|
PPFAS |
28,411 |
24,790 |
3,621 |
14.6% |
|
Baroda BNP Paribas |
22,895 |
21,896 |
999 |
4.6% |
|
PGIM India |
19,333 |
17,206 |
2,127 |
12.4% |
|
LIC |
17,879 |
17,344 |
535 |
3.1% |
|
HSBC |
13,621 |
13,392 |
229 |
1.7% |
|
quant |
11,155 |
8,788 |
2,367 |
26.9% |
|
Union |
9,390 |
8,122 |
1,268 |
15.6% |
|
Mahindra Manulife |
9,171 |
9,223 |
-52 |
-0.6% |
|
NJ |
4,962 |
4,979 |
-17 |
-0.3% |
|
IIFL |
4,691 |
4,538 |
153 |
3.4% |
|
IDBI |
3,761 |
3,862 |
-101 |
-2.6% |
|
Bank of India |
3,054 |
2,948 |
106 |
3.6% |
|
JM Financial |
3,030 |
3,057 |
-27 |
-0.9% |
|
ITI |
2,927 |
2,706 |
221 |
8.2% |
|
Quantum |
1,801 |
1,756 |
45 |
2.6% |
|
Navi |
1,736 |
1,353 |
383 |
28.3% |
|
Trust |
967 |
1,034 |
-67 |
-6.5% |
|
WhiteOak Capital (formerly YES) |
662 |
127 |
535 |
421.3% |
|
Samco |
647 |
590 |
57 |
9.6% |
|
IIFCL (IDF) |
631 |
625 |
6 |
1.0% |
|
Indiabulls |
524 |
524 |
0 |
0.1% |
|
Taurus |
518 |
498 |
20 |
3.9% |
|
HDFC* |
Not available |
4,15,307 |
NA |
NA |
|
Tata* |
Not available |
88,367 |
NA |
NA |
|
IL&FS (IDF)* |
Not available |
1,394 |
NA |
NA |
|
Shriram* |
Not available |
208 |
NA |
NA |
* Details were not available at the time of filing the story
