SBI, ICICI Prudential, HDFC lead the debt AUM league table

An analysis of monthly average AUM data of December 2023 shows that SBI MF manages Rs 2.24 lakh crore of debt assets, the highest in the MF industry.

Following SBI MF are ICICI Prudential and HDFC MF, which individually manage Rs 2.21 lakh crore and Rs 1.92 lakh crore of debt assets as in December 2023.

Next, Aditya Birla Sun Life MF (Rs.1.67 lakh crore), UTI MF (Rs.1.64 lakh crore) Kotak MF (Rs.1.36 lakh crore) and Nippon MF (Rs.1.20 lakh crore) occupy the subsequent positions. Notably, these seven fund houses have debt assets of over Rs.1 lakh crore.

The top ten list of fund houses ends with Axis MF (Rs.90,842 crore), Bandhan MF (Rs.85,986 crore) and Edelweiss MF (Rs.81,385 crore).

Overall, the top 30 fund houses have debt assets of Rs 17.36 lakh crore of which the top 10 fund houses collectively contribute 86%.

Here are how these fund houses are placed in terms of total debt assets.

1 - The fund houses are serially mentioned in the order of December 2023 debt assets.

2- For debt ranking analysis, we have considered both active and passive debt funds, we have excluded multi asset allocation.

3-Debt asset analysis is done on the top 30 fund houses as on December 2023.