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Debt funds grappled as the repo rates continued to rise. The overall average debt AUM of the top 20 fund houses shrunk by 3% to Rs. 13.13 lakh crore in the last quarter. Only 6 out of the top 20 fund houses reported growth in average debt AUM.
Despite a 2% quarterly decline, SBI MF continued to lead with an average debt AUM of Rs. 1.99 lakh crore. HDFC MF (Rs. 1.91 lakh crore), ICICI Prudential MF (Rs. 1.87 lakh crore), Aditya Birla Sun Life MF (Rs. 1.48 lakh crore) and Kotak MF (Rs. 1.23 lakh crore) which occupied the next four spots, also reported a downward trend.
The six fund houses which clocked-in quarterly growth are Mirae Asset MF (15%), PPFAS MF (7%), Sundaram MF (6%), Canara Robecco (4%), DSP MF (4%) and Tata MF (3%).
Here are the quarterly average debt AUM details of the top 20 fund houses. Figures mentioned are in crore.
Mutual Fund |
Debt AAUM (Sep 22 Qtr) |
Debt AAUM (Jun 22 Qtr) |
Change |
Change% |
SBI |
1,99,371 |
2,04,118 |
-4,747 |
-2% |
HDFC |
1,91,207 |
1,93,123 |
-1,916 |
-1% |
ICICI Prudential |
1,87,213 |
1,93,597 |
-6,384 |
-3% |
Aditya Birla Sun Life |
1,47,867 |
1,52,949 |
-5,082 |
-3% |
Kotak |
1,23,173 |
1,33,366 |
-10,193 |
-8% |
Nippon India |
95,353 |
1,01,095 |
-5,742 |
-6% |
Axis |
81,283 |
86,545 |
-5,262 |
-6% |
IDFC |
80,589 |
82,486 |
-1,897 |
-2% |
UTI |
64,023 |
66,685 |
-2,662 |
-4% |
DSP |
36,328 |
35,062 |
1,266 |
4% |
Tata |
35,659 |
34,484 |
1,175 |
3% |
L&T |
28,596 |
29,277 |
-681 |
-2% |
Invesco |
12,989 |
13,190 |
-201 |
-2% |
Sundaram |
7,131 |
6,714 |
417 |
6% |
Mirae Asset |
7,046 |
6,144 |
902 |
15% |
Franklin Templeton |
5,185 |
5,450 |
-265 |
-5% |
Canara Robeco |
5,056 |
4,841 |
215 |
4% |
Edelweiss |
3,091 |
3,127 |
-36 |
-1% |
PPFAS |
1,461 |
1,370 |
91 |
7% |
Motilal Oswal |
607 |
658 |
-51 |
-8% |