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An analysis of industry data reveals that Mumbai, Delhi, Bengaluru, Pune and Kolkata are the top five cities in terms of MF AUM in March 2024.
Mumbai comprises a total of 26.80% market share in the MF industry with assets of Rs.14.60 lakh crore. Delhi and Bengaluru follow Mumbai’s lead with assets of Rs. 6.87 lakh crore and Rs. 3 lakh crore with market share of 12.57% and 5.49%, respectively.
The other cities in the top 10 are Pune, Kolkata, Chennai, Ahmedabad, Hyderabad, Vadodara, and Jaipur.
Further analysis shows that both Gujarat and Maharashtra has 17 cities in the list of top 109 cities based on their AUM followed by Uttar Pradesh with 10 cities.
Here is the complete list of AUM ranking of your city:
|
Ranking |
Cities |
States |
AUM |
Percentage of Total AUM |
|
1 |
Mumbai |
Maharashtra |
14,66,519 |
26.80% |
|
2 |
Delhi NCR |
New Delhi |
6,87,841 |
12.57% |
|
3 |
Bengaluru |
Karnataka |
3,00,417 |
5.49% |
|
4 |
Pune |
Maharashtra |
2,25,449 |
4.12% |
|
5 |
Kolkata |
West Bengal |
1,99,183 |
3.64% |
|
6 |
Chennai |
Tamil Nadu |
1,65,804 |
3.03% |
|
7 |
Ahemdabad |
Gujarat |
1,50,482 |
2.75% |
|
8 |
Hyderabad |
Andhra Pradesh |
1,09,441 |
2.00% |
|
9 |
Vadodara |
Gujarat |
49,795 |
0.91% |
|
10 |
Jaipur |
Rajasthan |
45,418 |
0.83% |
|
11 |
Surat |
Gujarat |
41,587 |
0.76% |
|
12 |
Lucknow |
Uttar Pradesh |
38,304 |
0.70% |
|
13 |
Nagpur |
Maharashtra |
31,190 |
0.57% |
|
14 |
Kanpur |
Uttar Pradesh |
28,454 |
0.52% |
|
15 |
Indore |
Madhya Pradesh |
23,529 |
0.43% |
|
16 |
Patna |
Bihar |
20,793 |
0.38% |
|
17 |
Nasik |
Maharashtra |
20,793 |
0.38% |
|
18 |
Bhopal |
Madhya Pradesh |
20,246 |
0.37% |
|
19 |
Chandigarh |
Chandigarh |
19,699 |
0.36% |
|
20 |
Coimbatore |
Tamil Nadu |
19,699 |
0.36% |
|
21 |
Ludhiana |
Punjab |
19,152 |
0.35% |
|
22 |
Rajkot |
Gujarat |
18,605 |
0.34% |
|
23 |
Ranchi |
Jharkhand |
16,416 |
0.30% |
|
24 |
Bhubaneshwar |
Odisha |
15,321 |
0.28% |
|
25 |
Jamshedpur |
Jharkhand |
14,774 |
0.27% |
|
26 |
Guwahati |
Assam |
14,227 |
0.26% |
|
27 |
Dehradun |
Uttarakhand |
13,680 |
0.25% |
|
28 |
Varanasi |
Uttar Pradesh |
12,585 |
0.23% |
|
29 |
Aurangabad |
Maharashtra |
12,038 |
0.22% |
|
30 |
Agra |
Uttar Pradesh |
11,491 |
0.21% |
|
31 |
Allahabad |
Uttar Pradesh |
11,491 |
0.21% |
|
32 |
Raipur |
Chattisgarh |
10,944 |
0.20% |
|
33 |
Dhanbad |
Jharkhand |
10,944 |
0.20% |
|
34 |
Cochin |
Kerala |
10,396 |
0.19% |
|
35 |
Visakhapatnam |
Andhra Pradesh |
9,849 |
0.18% |
|
36 |
Jalandhar |
Punjab |
9,849 |
0.18% |
|
37 |
Udaipur |
Rajasthan |
9,849 |
0.18% |
|
38 |
Jodhpur |
Rajasthan |
9,849 |
0.16% |
|
39 |
Panaji |
Goa |
9,849 |
0.16% |
|
40 |
Amritsar |
Punjab |
8,208 |
0.15% |
|
41 |
Bhilai |
Chhatisgarh |
8,208 |
0.15% |
|
42 |
Mangaluru |
Karnataka |
8,208 |
0.15% |
|
43 |
Thiruvananthapuram |
Kerala |
7,660 |
0.14% |
|
44 |
Gandhinagar |
Gujarat |
7,660 |
0.14% |
|
45 |
Kolhapur |
Maharashtra |
7,660 |
0.14% |
|
46 |
Jabalpur |
Madhya Pradesh |
7,113 |
0.13% |
|
47 |
Jamnagar |
Gujarat |
7,113 |
0.13% |
|
48 |
Meerut |
Uttar Pradesh |
7,113 |
0.13% |
|
49 |
Durgapur |
West Bengal |
6,566 |
0.12% |
|
50 |
Gwalior |
Madhya Pradesh |
6,566 |
0.12% |
|
51 |
Kota |
Rajasthan |
6,566 |
0.12% |
|
52 |
Mysore |
Karnataka |
6,566 |
0.12% |
|
53 |
Gorakhpur |
Uttar Pradesh |
6,019 |
0.11% |
|
54 |
Bhavnagar |
Gujarat |
6,019 |
0.11% |
|
55 |
Anand |
Gujarat |
6,019 |
0.11% |
|
56 |
Belgaum |
Karnataka |
5,472 |
0.10% |
|
57 |
Kalyan |
Maharashtra |
5,472 |
0.10% |
|
58 |
Madurai |
Tamil Nadu |
5,472 |
0.10% |
|
59 |
Navsari |
Gujarat |
5,472 |
0.10% |
|
60 |
Hubli |
Karnataka |
4,924 |
0.09% |
|
61 |
Siliguri |
West Bengal |
4,924 |
0.09% |
|
62 |
Kharghar |
Maharashtra |
4,924 |
0.09% |
|
63 |
Rourkela |
Odisha |
4,924 |
0.09% |
|
64 |
Vijaywada |
Andhra Pradesh |
4,924 |
0.09% |
|
65 |
Bharuch |
Gujarat |
4,377 |
0.08% |
|
66 |
Mira Road |
Maharashtra |
4,377 |
0.08% |
|
67 |
Vapi |
Gujarat |
4,377 |
0.08% |
|
68 |
Bilaspur (CG) |
Chhatisgarh |
4,377 |
0.08% |
|
69 |
Bareilly |
Uttar Pradesh |
4,377 |
0.08% |
|
70 |
Moradabad |
Uttar Pradesh |
4,377 |
0.08% |
|
71 |
Valsad |
Gujarat |
4,377 |
0.08% |
|
72 |
Ahmednagar |
Gujarat |
4,377 |
0.08% |
|
73 |
Tiruchirapalli |
Tamil Nadu |
4,377 |
0.08% |
|
74 |
Asansol |
West Bengal |
4,377 |
0.08% |
|
75 |
Bokaro |
Jharkhand |
4,377 |
0.08% |
|
76 |
Panvel |
Maharashtra |
4,377 |
0.08% |
|
77 |
Cuttack |
Odisha |
4,377 |
0.08% |
|
78 |
Thrissur |
Kerala |
4,377 |
0.08% |
|
79 |
Margao |
Goa |
4,377 |
0.08% |
|
80 |
Ajmer |
Rajasthan |
4,377 |
0.08% |
|
81 |
Jammu |
Jammu and Kashmir |
3,830 |
0.07% |
|
82 |
Jalgaon |
Maharashtra |
3,830 |
0.07% |
|
83 |
Solapur |
Maharashtra |
3,830 |
0.07% |
|
84 |
Salem |
Tamil Nadu |
3,830 |
0.07% |
|
85 |
Aligarh |
Uttar Pradesh |
3,830 |
0.07% |
|
86 |
Patiala |
Punjab |
3,283 |
0.06% |
|
87 |
Amravati |
Maharashtra |
3,283 |
0.06% |
|
88 |
Mormugao/Vasco |
Goa |
3,283 |
0.06% |
|
89 |
Sangli |
Maharashtra |
3,283 |
0.06% |
|
90 |
Burdwan |
West Bengal |
3,283 |
0.06% |
|
91 |
Muzaffarpur |
Bihar |
3,283 |
0.06% |
|
92 |
Jhansi |
Uttar Pradesh |
3,283 |
0.06% |
|
93 |
Akola |
Maharashtra |
2,736 |
0.05% |
|
94 |
Panipat |
Haryana |
2,736 |
0.05% |
|
95 |
Shimla |
Himachal Pradesh |
2,736 |
0.05% |
|
96 |
Tirupur |
Tamil Nadu |
2,736 |
0.05% |
|
97 |
Alwar |
Rajasthan |
2,736 |
0.05% |
|
98 |
Guntur |
Andhra Pradesh |
2,736 |
0.05% |
|
99 |
Hosur |
Tamil Nadu |
2,736 |
0.05% |
|
100 |
Junagadh |
Gujarat |
2,736 |
0.05% |
|
101 |
Satara |
Maharashtra |
2,736 |
0.05% |
|
102 |
Dhule |
Maharashtra |
2,736 |
0.05% |
|
103 |
Gandhidham |
Gujarat |
2,736 |
0.05% |
|
104 |
Kozhikode |
Kerala |
2,736 |
0.05% |
|
105 |
Mehsana |
Gujarat |
2,188 |
0.04% |
|
106 |
Bhiwani |
Haryana |
2,188 |
0.04% |
|
107 |
Nadiad |
Gujarat |
2,188 |
0.04% |
|
108 |
Kottayam |
Kerala |
2,188 |
0.04% |
|
109 |
Haridwar |
Uttarakhand |
2,188 |
0.04% |
|
110 |
Other Cities |
|
10,25,468 |
18.74% |
|
111 |
NRIs and Overseas |
|
2,23,261 |
4.08% |
