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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