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An analysis of assets managed by the top 30 fund houses shows that SBI MF, ICICI Prudential MF and HDFC MF are the top 3 fund houses in terms of debt AUM.
SBI MF topped the list of debt ranking with the highest debt AUM of Rs.2.25 lakh crore.
ICICI Prudential MF and HDFC MF follow SBI MF with debt AUM of Rs.2.19 lakh crore and Rs.2.02 lakh crore, respective. Interestingly, these three fund houses are the only fund houses with debt AUM of over Rs.2 lakh crore.
Kotak MF and Aditya Birla MF complete the top 5 with AUM of Rs. 1.41 lakh crore and Rs. 1.35 lakh crore, respectively.
Other fund houses in the top 10 are Nippon India MF, Axis MF, Bandhan MF, UTI MF and Tata MF. These fund houses manage debt assets of Rs. 1.08 lakh crore, Rs. 94000 crore, Rs. 89400 crore, Rs. 75500 crore and Rs. 56700 crore, respectively.
Please note that debt AUM includes assets of all open ended debt funds, FMPs, conservative hybrid funds and debt index funds.
Overall, the top 30 fund houses manage debt assets of Rs. 15.69 lakh crore.
Let us look at the table to know more.
|
Sr No |
Name |
Debt AUM |
|
1 |
SBI |
225524 |
|
2 |
ICICI Prudential |
219278 |
|
3 |
HDFC |
201752 |
|
4 |
Kotak |
141109 |
|
5 |
Aditya Birla |
134609 |
|
6 |
Nippon India |
108416 |
|
7 |
Axis |
93917 |
|
8 |
Bandhan |
89422 |
|
9 |
UTI |
75465 |
|
10 |
Tata |
56624 |
|
11 |
HSBC |
43653 |
|
12 |
DSP |
41433 |
|
13 |
Edelweiss |
23760 |
|
14 |
Invesco |
20504 |
|
15 |
LIC |
15644 |
|
16 |
Mirae Asset |
15230 |
|
17 |
Baroda BNP Paribas |
13666 |
|
18 |
Sundaram |
9715 |
|
19 |
Canara Robeco |
6925 |
|
20 |
Franklin Templeton |
6585 |
|
21 |
Bajaj Finserv |
5270 |
|
22 |
PPFAS |
4177 |
|
23 |
Quant |
4012 |
|
24 |
Union |
3837 |
|
25 |
Mahindra Manulife |
2178 |
|
26 |
Bank of India |
1840 |
|
27 |
360ONE |
1424 |
|
28 |
PGIM India |
1295 |
|
29 |
Motilal Oswal |
795 |
|
30 |
WhiteOak Capital |
523 |
In comparison to March 2023, most of the fund houses witnessed growth in their AUM.
ICICI Prudential MF saw the highest growth in absolute terms with an increase of Rs. 24,774 crore to its debt kitty.
Nippon India MF, SBI MF, HDFC MF and Tata MF also registered healthy growth in their debt AUM.
In percentage terms, Bank of India MF showed the highest growth of 117% in its debt assets. LIC MF and Quant MF also reported a significant growth of over 70%.
Mahindra Manulife MF, Mirae Asset MF and PPFAS MF are other top gainers with a growth of over 50%.
Let us look at the table to know more.
|
Sr No |
Name |
Debt AUM (Mar 2024) |
Debt AUM (Mar 2023) |
Change |
Change (%) |
|
1 |
ICICI Prudential |
219278 |
194504 |
24774 |
12.74 |
|
2 |
Nippon India |
108416 |
91020 |
17396 |
19.11 |
|
3 |
SBI |
225524 |
208234 |
17290 |
8.30 |
|
4 |
HDFC |
201752 |
184567 |
17185 |
9.31 |
|
5 |
Tata |
56624 |
39772 |
16852 |
42.37 |
|
6 |
Kotak |
141109 |
130220 |
10889 |
8.36 |
|
7 |
Axis |
93917 |
84778 |
9139 |
10.78 |
|
8 |
HSBC |
43653 |
35753 |
7900 |
22.10 |
|
9 |
LIC |
15644 |
8844 |
6800 |
76.89 |
|
10 |
Edelweiss |
23760 |
17270 |
6490 |
37.58 |
|
11 |
Invesco |
20504 |
14185 |
6319 |
44.55 |
|
12 |
Bandhan |
89422 |
83208 |
6214 |
7.47 |
|
13 |
Mirae Asset |
15230 |
9671 |
5559 |
57.48 |
|
14 |
Baroda BNP Paribas |
13666 |
9834 |
3832 |
38.97 |
|
15 |
DSP |
41433 |
38503 |
2930 |
7.61 |
|
16 |
Quant |
4012 |
2348 |
1664 |
70.87 |
|
17 |
PPFAS |
4177 |
2681 |
1496 |
55.80 |
|
18 |
Franklin Templeton |
6585 |
5331 |
1254 |
23.52 |
|
19 |
Union |
3837 |
2614 |
1223 |
46.79 |
|
20 |
Sundaram |
9715 |
8679 |
1036 |
11.94 |
|
21 |
Bank of India |
1840 |
849 |
991 |
116.73 |
|
22 |
Mahindra Manulife |
2178 |
1366 |
812 |
59.44 |
|
23 |
360ONE |
1424 |
1112 |
312 |
28.06 |
|
24 |
WhiteOak Capital |
523 |
331 |
192 |
58.01 |
|
25 |
UTI |
75465 |
75328 |
137 |
0.18 |
|
26 |
Motilal Oswal |
795 |
695 |
100 |
14.39 |
|
27 |
Canara Robeco |
6925 |
6836 |
89 |
1.30 |
|
28 |
PGIM India |
1295 |
1960 |
-665 |
-33.93 |
|
29 |
Aditya Birla |
134609 |
148808 |
-14199 |
-9.54 |
|
30 |
Bajaj Finserv |
5270 |
NA |
NA |
NA |
