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More than 60% of the AAUM comes from Maharashtra, New Delhi, and Gujarat, as on September 2022, shows the latest data by AMFI.
An analysis of the states' contributions to the mutual fund industry's overall AAUM shows that, Maharashtra has contributed 44% to the total assets of the MF industry with Rs.16.80 lakh crore as on September 2022.
Following Maharashtra, New Delhi and Gujarat ranked second and third in terms of assets contribution, respectively. While New Delhi has contributed Rs.3.36 lakh crore (8.80%), Gujarat accounted for 7% of the total assets with Rs.2.77 lakh crore.
The lowest contribution to MF assets is made by north-eastern states such the Andaman and Nicobar Islands, Manipur, Mizoram, Arunachal Pradesh, Sikkim, Tripura, Nagaland, and Meghalaya.
Contribution of each state to the industry's AAUM
|
Name of the States/ Union Territories |
AAUM (Rs. crore) September 2022 |
% Share in total AAUM |
|
Maharashtra |
16,80,300 |
43.91% |
|
New Delhi |
3,36,900 |
8.80% |
|
Gujarat |
2,77,100 |
7.24% |
|
Karnataka |
2,76,700 |
7.23% |
|
West Bengal |
2,07,900 |
5.43% |
|
Uttar Pradesh |
1,74,000 |
4.54% |
|
Tamil Nadu |
1,72,800 |
4.51% |
|
Haryana |
1,59,800 |
4.17% |
|
Rajasthan |
69,500 |
1.81% |
|
Madhya Pradesh |
57,200 |
1.49% |
|
Telangana |
54,900 |
1.43% |
|
Andhra Pradesh |
48,600 |
1.27% |
|
Punjab |
45,700 |
1.19% |
|
Kerala |
43,600 |
1.13% |
|
Jharkhand |
40,800 |
1.06% |
|
Orissa |
37,600 |
0.98% |
|
Bihar |
35,500 |
0.92% |
|
Goa |
22,800 |
0.59% |
|
Chhattisgarh |
22,800 |
0.59% |
|
Assam |
20,800 |
0.54% |
|
Uttarakhand |
16,400 |
0.42% |
|
Himachal Pradesh |
9,000 |
0.23% |
|
Jammu and Kashmir |
5,000 |
0.13% |
|
Meghalaya |
3,000 |
0.07% |
|
Nagaland |
1,500 |
0.03% |
|
Tripura |
1,500 |
0.03% |
|
Sikkim |
1,400 |
0.03% |
|
Arunachal Pradesh |
1,100 |
0.02% |
|
Mizoram |
700 |
0.01% |
|
Manipur |
700 |
0.01% |
|
Andaman and Nicobar Islands |
600 |
0.01% |
Ranking based on states' contributions to the mutual fund industry's overall AAUM in Sep 2022, and Dec 2021.
|
Name of the States/ Union Territories |
Ranking in (Sep 2022) |
Ranking in (Dec 2021) |
|
Maharashtra |
1 |
1 |
|
New Delhi |
2 |
2 |
|
Gujarat |
3 |
4 |
|
Karnataka |
4 |
3 |
|
West Bengal |
5 |
5 |
|
Uttar Pradesh |
6 |
7 |
|
Tamil Nadu |
7 |
6 |
|
Haryana |
8 |
8 |
|
Rajasthan |
9 |
9 |
|
Madhya Pradesh |
10 |
11 |
|
Telangana |
11 |
10 |
|
Andhra Pradesh |
12 |
12 |
|
Punjab |
13 |
13 |
|
Kerala |
14 |
14 |
|
Jharkhand |
15 |
16 |
|
Orissa |
16 |
15 |
|
Bihar |
17 |
17 |
|
Goa |
18 |
18 |
|
Chhattisgarh |
19 |
19 |
|
Assam |
20 |
20 |
|
Uttarakhand |
21 |
21 |
|
Himachal Pradesh |
22 |
22 |
|
Jammu and Kashmir |
23 |
23 |
|
Meghalaya |
24 |
24 |
|
Nagaland |
25 |
26 |
|
Tripura |
26 |
25 |
|
Sikkim |
27 |
27 |
|
Arunachal Pradesh |
28 |
28 |
|
Mizoram |
29 |
30 |
|
Manipur |
30 |
29 |
|
Andaman and Nicobar Islands |
31 |
31 |
* Total AAUM as on Dec 2021 is Rs. 37.92 lakh crore
