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An analysis of state wise AUM reveals that Maharashtra, Gujarat, New Delhi and Karnataka have the highest equity AUM as on June 2023.
Of the total equity AUM of Rs.20 lakh, Maharashtra holds the highest equity assets with Rs. 6 lakh crore. It accounts for 30% of the total equity AUM.
Gujarat, New Delhi and Karnataka are the next three with equity assets of over Rs.1.60 lakh crore. All three states contribute 8% each of the total equity AUM.
To know more, let’s look at the table.
|
State/ Union Territories |
AAUM of Growth -Equity oriented schemes |
% AAUM of Growth equity schemes |
|
Maharashtra |
5,99,623 |
29% |
|
Gujarat |
1,72,711 |
8% |
|
New Delhi |
1,62,412 |
8% |
|
Karnataka |
1,61500 |
8% |
|
Uttar Pradesh |
1,32,635 |
6% |
|
West Bengal |
1,23,811 |
6% |
|
Tamil Nadu |
1,00,003 |
5% |
|
Haryana |
67,418 |
3% |
|
Rajasthan |
54,469 |
3% |
|
Madhya Pradesh |
44,339 |
2% |
|
Total |
20,45,507 |
|
In terms of debt AUM other than liquid funds, Maharashtra, New Delhi and Karnataka are the top three states.
Maharashtra holds the lion share with AUM of Rs.3.25 lakh crore. It contributes 37% to the total debt AUM.
New Delhi and Karnataka are next two with AUM of Rs.1.20 lakh crore and Rs.73,000 crore, respectively. While New Delhi contributes 14% to the industry’s total debt assets, Karnataka has a share of 8% in the total debt assets.
Let us look at the top 10 states/UTs with highest debt assets other than liquid schemes:
|
Name of the States/ Union Territories |
AAUM Debt oriented schemes other than liquid schemes |
% AAUM of debt schemes other than liquid schemes |
|
Maharashtra |
3,25,307 |
37% |
|
New Delhi |
1,26,994 |
14% |
|
Karnataka |
72,578 |
8% |
|
Gujarat |
64,270 |
7% |
|
West Bengal |
50,852 |
6% |
|
Tamil Nadu |
50,538 |
6% |
|
Haryana |
41,786 |
5% |
|
Uttar Pradesh |
31,365 |
4% |
|
Telangana |
13,753 |
2% |
|
Rajasthan |
11,978 |
1% |
|
Total |
8,85,953 |
|
Surprisingly, the toppers list changes when it comes to hybrid assets. Here, Maharashtra, Gujarat, West Bengal and UP are the top states.
Maharashtra again tops the list with assets of Rs.71,000 crore. It accounts for 28% percentage of the total hybrid AUM.
Gujarat and West Bengal are next with assets of Rs.25,000 crore each. Both the state contribute 10% each to the total hybrid assets.
Interestingly, Uttar Pradesh overtook New Delhi and Karnataka with assets of Rs.16,000 crore in hybrid funds.
Let us look at the top 10 states with highest hybrid assets.
|
Name of the States/ Union Territories |
AAUM Hybrid Balanced Schemes |
% AAUM of Hybrid balanced schemes |
|
Maharashtra |
70,877 |
28% |
|
Gujarat |
24,640 |
10% |
|
West Bengal |
24,544 |
10% |
|
Uttar Pradesh |
15,909 |
6% |
|
Karnataka |
15,764 |
6% |
|
New Delhi |
13,078 |
5% |
|
Tamil Nadu |
11,426 |
4% |
|
Madhya Pradesh |
6,372 |
3% |
|
Jharkhand |
6,155 |
2% |
|
Haryana |
5,328 |
2% |
|
Total |
2,54,770 |
|
