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HDFC MF, SBI MF and ICICI Prudential MF manage the largest share of retail assets, shows an analysis done by Cafemutual.
As on December 2022, HDFC MF and SBI MF are the only two fund houses with retail assets of over Rs. 1 lakh crore. They individually manage Rs. 1.19 lakh crore and Rs. 1.10 lakh crore. Not far behind is ICICI Prudential MF which has the next highest share of Rs. 99,075 crore.
Nippon India MF and Axis MF occupy 4th and 5th spots with a retail average AUM of Rs. 87,507 crore and 84,531 respectively.
Aditya Birla Sun Life MF (Rs. 69,960 crore), UTI MF (Rs. 68,389 crore), Mirae Asset MF (Rs. 52,538 crore), Kotak MF (Rs. 46,149 crore) and DSP MF (Rs. 40,523 crore) are the next top five fund houses.
In terms of retail equity AUM, SBI MF, ICICI Prudential MF, HDFC MF, Axis MF and Nippon India MF are the top five fund houses. And in the case of debt funds, UTI MF, SBI MF, ICICI Prudential MF, HDFC MF and Aditya Birla Sun Life MF take the lead.
Category-wise ranking (Figures mentioned are in Rs. crore)
Overall ranking (Figures mentioned are in Rs. crore)
* Others comprise balanced schemes, exchange traded funds (gold & others), and fund of funds investing overseas
