Listen to this article
An analysis of AUM of fund houses done by Cafemutual shows that SBI MF, HDFC MF and ICICI Prudential MF have the highest assets from distributors.
The largest fund house of the country, SBI MF commands highest AUM from distributors at Rs. 4.38 lakh crore. The fund house derives 43% of its total assets from distributors.
HDFC MF is the second with a regular plan AUM of Rs. 4.23 lakh crore while ICICI Prudential MF occupies the third position with a regular AAUM of Rs. 4.19 lakh crore.
HDFC MF has the highest proportion of its total AUM coming from distributors at 61% among top three fund houses. ICICI Prudential MF has 54% of its total AUM from distributors.
UTI MF and Nippon India MF are the next two fund houses in terms of regular plan AUM. While UTI MF has assets of Rs. 2.37 lakh crore under regular plans, Nippon India MF has Rs. 2.34 lakh crore AUM from regular plan.
Among other fund houses in the top 10 lists in terms of regular plan assets are Kotak MF, Aditya Birla MF, Axis MF, Mirae Asset MF and Edelweiss MF.
In terms of proportion of regulation plan assets to the total assets, Samco MF has the highest percentage of its AUM coming from distributors at 91%. Taurus MF is the second with 88% while Whiteoak Capital MF occupies the third spot with 84% of its AAUM through distributors.
Mahindra Manulife MF and Franklin Templeton MF also have over 80% of their AAUM through regular mode. NJ MF, Sundaram MF, Union MF and Canara Robeco MF also have over 75% of their AAUM from regular mode.
Overall, the MF industry has AUM of Rs.33.72 lakh crore under regular plan.
Let us look at the table to know more.
Sr. No. |
Fund House |
Regular AAUM |
Total AAUM |
Regular AAUM % |
1 |
SBI |
438446 |
1021091 |
42.94 |
2 |
HDFC |
423712 |
700155 |
60.52 |
3 |
ICICI Prudential |
418752 |
772920 |
54.18 |
4 |
UTI |
236902 |
323824 |
73.16 |
5 |
Nippon India |
234185 |
509318 |
45.98 |
6 |
Kotak |
230339 |
436498 |
52.77 |
7 |
Aditya Birla |
183926 |
361847 |
50.83 |
8 |
Axis |
163895 |
297193 |
55.15 |
9 |
Mirae Asset |
112715 |
177401 |
63.54 |
10 |
Edelweiss |
101618 |
135688 |
74.89 |
11 |
DSP |
101436 |
166085 |
61.07 |
12 |
Tata |
84782 |
162279 |
52.24 |
13 |
Franklin Templeton |
80307 |
99966 |
80.33 |
14 |
Canara Robeco |
75094 |
99040 |
75.82 |
15 |
HSBC |
72306 |
120479 |
60.02 |
16 |
Bandhan |
71471 |
147395 |
48.49 |
17 |
Sundaram |
48054 |
60314 |
79.67 |
18 |
Invesco |
47461 |
87303 |
54.36 |
19 |
Quant |
40701 |
89869 |
45.29 |
20 |
Motilal Oswal |
34977 |
57894 |
60.42 |
21 |
PPFAS |
28280 |
79026 |
35.79 |
22 |
Baroda BNP Paribas |
26367 |
40599 |
64.94 |
23 |
Mahindra Manulife |
19846 |
24279 |
81.74 |
24 |
LIC |
18013 |
32824 |
54.88 |
25 |
PGIM |
17188 |
24710 |
69.56 |
26 |
Union |
13201 |
16669 |
79.19 |
27 |
Whiteoak Capital |
9769 |
11583 |
84.34 |
28 |
Bajaj Finserv |
6179 |
12065 |
51.21 |
29 |
ITI |
5954 |
7949 |
74.90 |
30 |
Bank of India |
5903 |
8617 |
68.50 |
31 |
NJ |
4849 |
6074 |
79.83 |
32 |
JM Financial |
4722 |
8492 |
55.61 |
33 |
360 ONE |
4446 |
10946 |
40.62 |
34 |
Samco |
2170 |
2378 |
91.25 |
35 |
Helios |
1133 |
1834 |
61.78 |
36 |
Navi |
872 |
6146 |
14.19 |
37 |
Taurus |
731 |
833 |
87.76 |
38 |
Shriram |
484 |
657 |
73.67 |
39 |
Trust |
343 |
1418 |
24.19 |
40 |
Groww |
228 |
831 |
27.44 |
41 |
Old Bridge |
165 |
436 |
37.84 |
42 |
Zerodha |
0 |
1939 |
0.00 |