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  • MF News ICICI Prudential MF, SBI MF and HDFC MF are the biggest hybrid players

    ICICI Prudential MF, SBI MF and HDFC MF are the biggest hybrid players

    If we remove AUM of arbitrage funds, the rank changes slightly to ICICI Pru, HDFC and SBI as the top three players.
    Kushan Shah Apr 23, 2024

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    An analysis of AUM done by Cafemutual shows that ICICI Prudential MF, SBI MF and HDFC MF are the three biggest fund houses in terms of hybrid funds AUM.

    Please note that we have included multi asset allocation funds, aggressive hybrid funds, balanced advantage funds, conservative hybrid funds, equity savings funds and arbitrage funds in this analysis.

    ICICI Prudential MF tops the list with the highest hybrid AUM of Rs. 1.54 lakh crore.

    SBI MF and HDFC MF are the second and third largest fund houses with hybrid fund AUM of Rs. 1.46 lakh crore and Rs. 1.37 lakh crore, respectively. Kotak MF and Nippon India MF complete the top 5 with the hybrid AUM of Rs. 72800 crore and Rs. 32000 crore, respectively.

    Among others in the top ten are Tata MF, Aditya Birla MF, UTI MF, Edelweiss MF and DSP MF.

    Collectively, the top 30 fund houses manage hybrid AUM of Rs. 7.76 lakh crore.

    Let us look at the table to know more:

    Sr. No.

    Fund house

    Arbitrage AUM

    Hybrid AUM

    Total

    1

    ICICI Prudential

    17433

    136395

    153828

    2

    SBI

    27589

    118245

    145834

    3

    HDFC

    10924

    126323

    137247

    4

    Kotak

    39723

    33068

    72791

    5

    Nippon India

    13904

    18082

    31986

    6

    Tata

    10709

    19009

    29718

    7

    Aditya Birla

    8347

    17676

    26023

    8

    UTI

    4592

    19912

    24504

    9

    Edelweiss

    8998

    13122

    22120

    10

    DSP

    3948

    14249

    18197

    11

    Invesco

    14533

    1296

    15829

    12

    Mirae Asset

    1329

    12143

    13472

    13

    Axis

    3861

    7721

    11582

    14

    Canara Robeco

    0

    10798

    10798

    15

    Bandhan

    5830

    4454

    10284

    16

    HSBC

    1996

    8202

    10198

    17

    Sundaram

    101

    8722

    8823

    18

    Baroda BNP Paribas

    782

    6712

    7494

    19

    Franklin Templeton

    0

    4615

    4615

    20

    Quant

    0

    4446

    4446

    21

    Union

    154

    2488

    2642

    22

    PPFAS

    410

    2142

    2552

    23

    Mahindra Manulife

    60

    2363

    2423

    24

    LIC

    113

    1478

    1591

    25

    PGIM India

    113

    1455

    1568

    26

    Bajaj Finserv

    546

    996

    1542

    27

    WhiteOak Capital

    0

    1336

    1336

    28

    Motilal Oswal

    0

    1333

    1333

    29

    360ONE

    0

    605

    605

    30

    Bank of India

    25

    455

    480

     

    When it comes to hybrid AUM without arbitrage funds, ICICI Prudential MF has the highest AUM of Rs. 1.36 lakh crore.

    HDFC MF overtakes SBI MF in this category to take the second spot with an AUM of Rs. 1.26 lakh crore. SBI MF is the third with an AUM of Rs. 1.18 lakh crore.

    Kotak MF and UTI MF are the next fund houses in the top 5 who manage hybrid assets of Rs. 33000 crore and Rs. 20000 crore, respectively.

    Let us look at the table to know more AUM ranking excluding arbitrage funds:

    Sr. No.

    Fund house

    Hybrid AUM

    1

    ICICI Prudential

    136395

    2

    HDFC

    126323

    3

    SBI

    118245

    4

    Kotak

    33068

    5

    UTI

    19912

    6

    Tata

    19009

    7

    Nippon India

    18082

    8

    Aditya Birla

    17676

    9

    DSP

    14249

    10

    Edelweiss

    13122

    11

    Mirae Asset

    12143

    12

    Canara Robeco

    10798

    13

    Sundaram

    8722

    14

    HSBC

    8202

    15

    Axis

    7721

    16

    Baroda BNP Paribas

    6712

    17

    Franklin Templeton

    4615

    18

    Bandhan

    4454

    19

    Quant

    4446

    20

    Union

    2488

    21

    Mahindra Manulife

    2363

    22

    PPFAS

    2142

    23

    LIC

    1478

    24

    PGIM India

    1455

    25

    WhiteOak Capital

    1336

    26

    Motilal Oswal

    1333

    27

    Invesco

    1296

    28

    Bajaj Finserv

    996

    29

    360ONE

    605

    30

    Bank of India

    455

     

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