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Cafemutual’s analysis of AUM of fund houses shows that SBI MF, ICICI Prudential MF and HDFC MF are the top three players in terms of regular plan AUM.
In absolute terms, SBI MF has the highest AUM coming from regular plans at Rs. 3.94 lakh crore. The fund house derives 42% of its AUM from regular plans.
Not far behind are ICICI Prudential MF and HDFC MF with regular plan AUM of Rs.3.84 lakh crore and Rs. 3.77 lakh crore. While ICICI Pru MF derives 55% of its total AUM from regular plan, such a number is 61% for HDFC MF.
Following these three are UTI MF and Kotak MF which command regular plan AUM of Rs. 2.15 lakh crore and Rs. 2.04 lakh crore.
Among other fund houses in the top 10 list are Nippon India MF, Aditya Birla MF, Axis MF , Mirae Asset MF and Edelweiss MF.
The combined AUM from regular plans in March 2024 is Rs. 30.31 lakh crore, which constitutes 55% of the entire MF AUM.
Let us look at the table to know more.
Sr. No. |
Fund House |
Regular AUM |
Total AUM |
Regular AUM (%) |
1 |
SBI |
393577 |
929756 |
42.3 |
2 |
ICICI Prudential |
384319 |
696557 |
55.2 |
3 |
HDFC |
377425 |
623815 |
60.5 |
4 |
UTI |
215076 |
293003 |
73.4 |
5 |
Kotak |
204478 |
387436 |
52.8 |
6 |
Nippon India |
203396 |
442000 |
46.0 |
7 |
Aditya Birla |
172123 |
330416 |
52.1 |
8 |
Axis |
153156 |
277285 |
55.2 |
9 |
Mirae Asset |
103880 |
162821 |
63.8 |
10 |
Edelweiss |
95324 |
127373 |
74.8 |
11 |
DSP |
90437 |
146722 |
61.6 |
12 |
Tata |
75622 |
147473 |
51.3 |
13 |
Franklin Templeton |
71172 |
89167 |
79.8 |
14 |
Canara Robeco |
67150 |
88078 |
76.2 |
15 |
Bandhan |
66320 |
139836 |
47.4 |
16 |
HSBC |
64312 |
109368 |
58.8 |
17 |
Sundaram |
45634 |
57334 |
79.6 |
18 |
Invesco |
41419 |
77132 |
53.7 |
19 |
Quant |
30122 |
64777 |
46.5 |
20 |
Motilal Oswal |
29647 |
47684 |
62.2 |
21 |
PPFAS |
24528 |
67463 |
36.4 |
22 |
Baroda BNP Paribas |
23507 |
35933 |
65.4 |
23 |
Mahindra Manulife |
16372 |
19660 |
83.3 |
24 |
LIC |
16347 |
31037 |
52.7 |
25 |
PGIM India |
16154 |
23075 |
70.0 |
26 |
Union |
11882 |
15013 |
79.1 |
27 |
WhiteOak |
7658 |
9242 |
82.9 |
28 |
ITI MF |
4865 |
6633 |
73.3 |
29 |
Bank of India |
4597 |
6905 |
66.6 |
30 |
NJ Financial |
4477 |
5694 |
78.6 |
31 |
Bajaj Finserv |
4160 |
10073 |
41.3 |
32 |
360ONE |
3750 |
9329 |
40.2 |
33 |
JM Financial |
3265 |
6095 |
53.6 |
34 |
Samco |
2005 |
2213 |
90.6 |
35 |
Navi |
801 |
5169 |
15.5 |
36 |
Helios |
701 |
1171 |
59.9 |
37 |
Taurus |
667 |
752 |
88.7 |
38 |
Shriram |
356 |
486 |
73.3 |
39 |
Groww |
212 |
707 |
30.0 |
40 |
Quantum MF |
132 |
2302 |
5.7 |
41 |
Trust |
105 |
1070 |
9.8 |
42 |
Old Bridge |
86 |
201 |
42.8 |
In percentage terms, Samco MF has the highest share of its assets at 91% coming from regular plan. Taurus MF has the second highest regular plan share in its AUM of 89%.
Other fund houses with an over 80% of their AUMs coming from regular plan include Mahindra Manulife MF and WhiteOak MF.