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SBI MF, ICICI Prudential MF and HDFC MF are the top three fund houses in terms of T30 assets, shows an analysis of AUM data. Collectively they manage over Rs 15 lakh crore, which is 41% of the total T30 assets of the top 30 fund houses (in terms of June 2023 quarterly average AUM).
Individually, SBI MF has T30 assets of Rs 6.25 lakh crore, followed by Rs 4.64 lakh crore of ICICI Prudential MF and Rs 4.24 lakh crore of HDFC MF.
Kotak MF and Nippon India MF manage the next highest share of Rs 2.89 lakh crore and Rs 2.63 lakh crore, respectively.
Aditya Birla Sun Life MF, Axis MF, UTI MF, Bandhan MF and Mirae Asset MF are the next top five players in these cities.
Overall, the top 30 fund houses in terms of June 2023 quarterly average AUM have a T30 asset base of Rs 37.07 lakh crore which forms 83% of their total monthly average AUM of Rs. 44.62 lakh crore.
In percentage terms, each fund house derives 70% or more of its average AUM from T30 cities. Edelweiss MF, 360 ONE MF (erstwhile IIFL MF) and Bandhan MF are the only three fund houses where the proportion of T30 assets is over 90%.
Here is the T30 ranking of the top 30 fund houses as on June 2023. Figures mentioned are in crore.
|
Ranking |
Mutual Fund |
T30 (Monthly AAUM) |
Total (Monthly AAUM) |
% of Total |
|
1 |
SBI |
6,25,441 |
7,87,680 |
79% |
|
2 |
ICICI Prudential |
4,63,484 |
5,48,332 |
85% |
|
3 |
HDFC |
4,23,962 |
5,11,894 |
83% |
|
4 |
Kotak |
2,89,068 |
3,23,342 |
89% |
|
5 |
Nippon India |
2,63,321 |
3,26,466 |
81% |
|
6 |
Aditya Birla Sun Life |
2,59,773 |
3,09,116 |
84% |
|
7 |
Axis |
2,09,534 |
2,56,357 |
82% |
|
8 |
UTI |
2,01,291 |
2,58,415 |
78% |
|
9 |
Bandhan (Erstwhile IDFC) |
1,10,136 |
1,20,554 |
91% |
|
10 |
Mirae Asset |
1,08,536 |
1,27,586 |
85% |
|
11 |
DSP |
1,05,018 |
1,23,473 |
85% |
|
12 |
Edelweiss |
1,03,304 |
1,07,986 |
96% |
|
13 |
Tata |
98,219 |
1,17,410 |
84% |
|
14 |
HSBC |
79,207 |
90,383 |
88% |
|
15 |
Canara Robeco |
54,946 |
70,198 |
78% |
|
16 |
Franklin Templeton |
54,720 |
68,336 |
80% |
|
17 |
Invesco |
47,402 |
53,985 |
88% |
|
18 |
Sundaram |
38,065 |
46,831 |
81% |
|
19 |
PPFAS |
32,721 |
41,460 |
79% |
|
20 |
Motilal Oswal |
28,392 |
33,051 |
86% |
|
21 |
Baroda BNP Paribas |
24,371 |
29,624 |
82% |
|
22 |
quant |
19,236 |
25,618 |
75% |
|
23 |
PGIM India |
19,094 |
23,200 |
82% |
|
24 |
LIC |
15,943 |
19,225 |
83% |
|
25 |
Mahindra Manulife |
8,090 |
10,787 |
75% |
|
26 |
Union |
8,042 |
11,530 |
70% |
|
27 |
360 ONE (Erstwhile IIFL) |
5,281 |
5,728 |
92% |
|
28 |
Bank of India |
3,445 |
4,443 |
78% |
|
29 |
NJ |
3,382 |
4,397 |
77% |
|
30 |
ITI |
3,235 |
4,266 |
76% |
|
Grand Total |
37,06,658 |
44,61,674 |
83% |
|
