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  • MF News SBI MF, ICICI Prudential MF and HDFC MF: Top three fund houses in terms of regular plan AUM

    SBI MF, ICICI Prudential MF and HDFC MF: Top three fund houses in terms of regular plan AUM

    Samco MF, Taurus MF, Mahindra Manulife MF and WhiteOak MF derive over 80% of their AUM from MFDs.
    Kushan Shah May 13, 2024

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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.

     

     

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