Listen to this article
An analysis of industry data reveals that Mumbai, Delhi and Bengaluru are the top three cities in terms of AUM in September 2023.
Mumbai commands 27% market share in the MF industry with assets of with assets of Rs.13 lakh crore. Delhi and Bengaluru followed Mumbai with assets of Rs.6.10 lakh crore and Rs.2.60 lakh crore with market share of 13% and 5.42%, respectively.
Among other cities in the top 10 were Pune, Kolkata, Ahmedabad, Chennai, Hyderabad, Vadodara and Jaipur.
Further analysis shows that Maharashtra has 18 cities in the list of top 108 cities based on their AUM. Gujarat and UP are the next two states with 14 and 10 cities making it to the list.
Overall, the top 108 manages AUM of Rs.37.14 lakh crore which is 78% of the total MF assets.
Click here to see the complete list of AUM ranking of your city here. Highlighted ones are the top 30 cities based on their AUM.
|
State |
No. of cities |
|
Maharashtra |
18 |
|
Gujarat |
14 |
|
UP |
10 |
|
TAMIL NADU |
7 |
|
Rajasthan |
6 |
|
Jharkhand |
5 |
|
Karnataka |
5 |
|
Kerala |
5 |
|
Wb |
5 |
|
Haryana |
4 |
|
Andhra Pradesh |
4 |
|
Madhya Pradesh |
4 |
|
Punjab |
4 |
|
Chattisgarh |
3 |
|
Goa |
3 |
|
Odisha |
3 |
|
Bihar |
2 |
|
Assam |
1 |
|
Chandigarh |
1 |
|
Himachal Pradesh |
1 |
|
J&K |
1 |
|
New Delhi |
1 |
|
Uttarakhand |
1 |
