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SBI MF, ICICI Prudential MF and HDFC MF continue to be the top three largest fund houses in terms of quarterly average AUM, respectively.
SBI MF remained at the top with assets of Rs. 7.12 lakh crore as on December 2022, shows the latest AMFI data. The fund house saw 4% increase in its AUM by adding Rs.29,755 crore to its assets.
ICICI Prudential MF and HDFC MF followed SBI MF with assets of Rs. 4.88 lakh crore and Rs.4.29 lakh crore, respectively. Interestingly, HDFC MF saw the second highest growth in absolute terms with increase of over Rs.15,000 crore in its AUM.
Nippon India MF occupied the fourth spot with AUM of Rs. 2.93 lakh crore. However, Kotak MF (Rs. 2.87 lakh crore) and Aditya Birla Sun Life MF (Rs. 2.82 lakh crore) swapped positions. Kotak MF moved one rank up to occupy the fifth spot.
The next four rankings remained unchanged.
Axis MF (Rs. 2.48 lakh crore), UTI MF (Rs. 2.41 lakh crore), IDFC MF (Rs. 1.19 lakh crore) and DSP MF (Rs. 1.16 lakh crore) occupied the seventh, eighth, ninth and tenth spot respectively.
Overall, the industry assets grew from Rs. 39.06 lakh crore as on September 2022 to Rs. 40.26 lakh crore as on December 2022.
The acquisition of L&T MF resulted in the highest absolute growth of Rs. 72,219 crore for HSBC MF.
In percentage terms, WhiteOak Capital MF is the fastest growing fund house. It registered 2x growth.
(Rs. in crore)
|
Mutual Fund Name |
Dec 2022 Avg AUM |
Sept 2022 Avg AUM |
Change |
% Change |
|
SBI |
7,12,362 |
6,82,607 |
29,755 |
4.36% |
|
ICICI Prudential |
4,88,081 |
4,76,191 |
11,890 |
2.50% |
|
HDFC |
4,44,796 |
4,29,271 |
15,526 |
3.62% |
|
Nippon India |
2,92,803 |
2,85,054 |
7,749 |
2.72% |
|
Kotak |
2,86,600 |
2,82,058 |
4,542 |
1.61% |
|
Aditya Birla Sun Life |
2,81,717 |
2,82,580 |
-863 |
-0.31% |
|
Axis |
2,48,220 |
2,48,343 |
-123 |
-0.05% |
|
UTI |
2,40,841 |
2,33,595 |
7,245 |
3.10% |
|
IDFC |
1,18,899 |
1,19,870 |
-972 |
-0.81% |
|
DSP |
1,16,096 |
1,11,341 |
4,755 |
4.27% |
|
Mirae Asset |
1,15,194 |
1,09,256 |
5,938 |
5.43% |
|
Tata |
94,532 |
91,284 |
3,248 |
3.56% |
|
Edelweiss |
93,165 |
88,590 |
4,574 |
5.16% |
|
HSBC |
85,840 |
13,621 |
72,219 |
530.22% |
|
Franklin Templeton |
63,992 |
61,278 |
2,714 |
4.43% |
|
Canara Robeco |
60,547 |
55,149 |
5,398 |
9.79% |
|
Invesco |
45,850 |
42,273 |
3,577 |
8.46% |
|
Sundaram |
44,657 |
42,422 |
2,236 |
5.27% |
|
PPFAS |
31,332 |
28,411 |
2,921 |
10.28% |
|
Motilal Oswal |
30,016 |
29,540 |
476 |
1.61% |
|
Baroda BNP Paribas |
23,744 |
22,895 |
848 |
3.71% |
|
PGIM India |
21,116 |
19,333 |
1,782 |
9.22% |
|
LIC |
17,978 |
17,879 |
99 |
0.55% |
|
quant |
15,013 |
11,155 |
3,857 |
34.58% |
|
Union |
9,808 |
9,390 |
418 |
4.45% |
|
Mahindra Manulife |
9,277 |
9,171 |
106 |
1.16% |
|
NJ |
4,770 |
4,962 |
-192 |
-3.87% |
|
IIFL |
4,684 |
4,691 |
-7 |
-0.14% |
|
IDBI |
3,867 |
3,761 |
105 |
2.80% |
|
Bank of India |
3,362 |
3,054 |
308 |
10.08% |
|
ITI |
3,298 |
2,927 |
371 |
12.67% |
|
JM Financial |
3,256 |
3,030 |
226 |
7.45% |
|
Navi |
2,184 |
1,736 |
449 |
25.84% |
|
Quantum |
1,872 |
1,801 |
71 |
3.95% |
|
WhiteOak Capital |
1,644 |
662 |
981 |
148.25% |
|
IL&FS (IDF) |
1,455 |
1,421 |
34 |
2.36% |
|
Trust |
1,097 |
967 |
130 |
13.45% |
|
Samco |
735 |
647 |
88 |
13.55% |
|
Indiabulls |
593 |
581 |
12 |
1.99% |
|
Taurus |
535 |
518 |
17 |
3.37% |
|
Shriram |
296 |
254 |
43 |
16.80% |
|
IIFCL (IDF) |
*1 |
631 |
NA |
NA |
|
L&T |
*2 |
71,703 |
NA |
NA |
|
Grand Total |
40,26,124 |
39,05,906 |
1,20,218 |
3.08% |
*1 - Details were not available at the time of filing the story
*2 - HSBC MF acquired L&T MF
