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  • MF News Top 3 fund houses add close to Rs. 60,000 crore assets last quarter

    Top 3 fund houses add close to Rs. 60,000 crore assets last quarter

    SBI MF takes the lead with addition of Rs.35,000 crore in its AUM kitty. HDFC MF and ICICI Prudential MF followed with addition of Rs. 14,000 crore and Rs. 11,000 crore, respectively.
    Karishma Gagwani Oct 7, 2022

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    AMFI data shows that majority of the fund houses have witnessed positive growth in terms of assets size last quarter.

    In fact, 8 fund houses have added Rs.5000 crore or more to their AUM kitty.

    In absolute terms, SBI MF recorded the highest AAUM growth with addition of Rs. 35,133 crore. HDFC MF and ICICI Prudential MF followed SBI MF with addition of Rs. 13,964 crore and Rs. 10,723 crore to their AUM kitty, respectively. Overall, the top three fund house added close to Rs. 60,000 crore of assets last quarter.  

    Fund houses with addition of over Rs.5000 crore were UTI MF (Rs. 9,316 crore), Mirae Asset MF (Rs. 8,530 crore), Edelweiss MF (Rs. 6,729 crore), Canara Robeco MF (Rs. 5,896 crore) and Nippon India MF (Rs. 5,263 crore).

    Fastest growing fund houses in % terms

    With 421% quarterly rise in AAUM, WhiteOak Capital MF is the fastest-growing fund house. Navi MF (28%), quant MF (27%), Shriram MF (22%) and Union MF (16%) are the next fastest-growing fund houses. 

    Here is the complete list.

    Mutual Fund

    Average AUM

    (Sep Qtr 2022)

    Average AUM  (Jun Qtr 2022)

    Absolute Growth

    % Growth

    SBI

    6,82,607

    6,47,474

    35,133

    5.4%

    ICICI Prudential

    4,76,191

    4,65,468

    10,723

    2.3%

    HDFC

    4,29,271

    4,15,307

    13,964

    3.4%

    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%

    Tata

    91,284

    88,367

    2,917

    3.3%

    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%

    Shriram

    254

    208

    46

    22.0%

    IL&FS (IDF)*

    Not Available

    1,394

    NA

    NA

    * Details were not available at the time of filing the story 

     

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