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AMFI data shows that Mumbai, Delhi NCR, Bengaluru, Pune and Kolkata are the top five cities in India based on their MF AUM.
Mumbai is the leader with MF AUM of Rs. 16.58 lakh crore in June 2024. The commercial capital accounts for 27% of India’s MF AUM.
Delhi NCR holds the second spot with Rs. 7.44 lakh crore and 12% contribution in the industry’s total AUM while Bengaluru stands third with Rs. 3.36 lakh crore AUM by contributing 5% to the total MF AUM.
Other cities that have a high contribution include Pune, Kolkata, Chennai, Ahmedabad and Hyderabad. These 8 cities each contribute more than 2% to the MF AUM.
Vadodara and Jaipur complete the list of top 10 cities in terms of MF assets. However, both the cities contribute less than 1% to the total MF AUM kitty.
In terms of states, Maharashtra has 19 cities in the list while 16 cities in Gujarat made it to the list of top 110 cities. Uttar Pradesh is third in the list with 12 cities.
Let us look at the table to know more.
|
Sr. No. |
Locations |
State |
AUM (in Rs. crore) |
Percentage of AUM |
|
1 |
Mumbai |
Maharashtra |
1658425 |
27.04 |
|
2 |
Delhi NCR |
New Delhi |
743960 |
12.13 |
|
3 |
Bengaluru |
Karnataka |
335488 |
5.47 |
|
4 |
Pune |
Maharashtra |
249622 |
4.07 |
|
5 |
Kolkata |
West Bengal |
217116 |
3.54 |
|
6 |
Chennai |
Tamil Nadu |
183383 |
2.99 |
|
7 |
Ahmedabad |
Gujarat |
181544 |
2.96 |
|
8 |
Hyderabad |
Andhra Pradesh |
129411 |
2.11 |
|
9 |
Vadodara |
Gujarat |
55812 |
0.91 |
|
10 |
Jaipur |
Rajasthan |
51519 |
0.84 |
|
11 |
Surat |
Gujarat |
47226 |
0.77 |
|
12 |
Lucknow |
Uttar Pradesh |
42933 |
0.70 |
|
13 |
Nagpur |
Maharashtra |
34959 |
0.57 |
|
14 |
Kanpur |
Uttar Pradesh |
31893 |
0.52 |
|
15 |
Indore |
Madhya Pradesh |
26373 |
0.43 |
|
16 |
Nasik |
Maharashtra |
23920 |
0.39 |
|
17 |
Patna |
Bihar |
23306 |
0.38 |
|
18 |
Bhopal |
Madhya Pradesh |
22693 |
0.37 |
|
19 |
Chandigarh |
Chandigarh |
22080 |
0.36 |
|
20 |
Coimbatore |
Tamil Nadu |
22080 |
0.36 |
|
21 |
Ludhiana |
Punjab |
22080 |
0.36 |
|
22 |
Rajkot |
Gujarat |
20240 |
0.33 |
|
23 |
Bhubaneshwar |
Odisha |
19013 |
0.31 |
|
24 |
Ranchi |
Jharkhand |
18400 |
0.30 |
|
25 |
Jamshedpur |
Jharkhand |
16560 |
0.27 |
|
26 |
Guwahati |
Assam |
15946 |
0.26 |
|
27 |
Dehradun |
Uttarakhand |
15333 |
0.25 |
|
28 |
Varanasi |
Uttar Pradesh |
14106 |
0.23 |
|
29 |
Agra |
Uttar Pradesh |
12880 |
0.21 |
|
30 |
Aurangabad |
Maharashtra |
12880 |
0.21 |
|
31 |
Allahabad |
Uttar Pradesh |
12880 |
0.21 |
|
32 |
Raipur |
Chhattisgarh |
12266 |
0.20 |
|
33 |
Cochin |
Kerala |
11653 |
0.19 |
|
34 |
Dhanbad |
Jharkhand |
11653 |
0.19 |
|
35 |
Visakhapatnam |
Andhra Pradesh |
11653 |
0.19 |
|
36 |
Udaipur |
Rajasthan |
11040 |
0.18 |
|
37 |
Jalandhar |
Punjab |
11040 |
0.18 |
|
38 |
Jodhpur |
Rajasthan |
9813 |
0.16 |
|
39 |
Bhilai |
Chhattisgarh |
9200 |
0.15 |
|
40 |
Amritsar |
Punjab |
9200 |
0.15 |
|
41 |
Panaji |
Goa |
9200 |
0.15 |
|
42 |
Mangalore |
Karnataka |
9200 |
0.15 |
|
43 |
Thiruvananthapuram |
Kerala |
8587 |
0.14 |
|
44 |
Kolhapur |
Maharashtra |
8587 |
0.14 |
|
45 |
Jabalpur |
Madhya Pradesh |
7973 |
0.13 |
|
46 |
Jamnagar |
Gujarat |
7973 |
0.13 |
|
47 |
Meerut |
Uttar Pradesh |
7973 |
0.13 |
|
48 |
Kota |
Rajasthan |
7360 |
0.12 |
|
49 |
Durgapur |
West Bengal |
7360 |
0.12 |
|
50 |
Gwalior |
Madhya Pradesh |
7360 |
0.12 |
|
51 |
Gandhinagar |
Gujarat |
7360 |
0.12 |
|
52 |
Mysore |
Karnataka |
7360 |
0.12 |
|
53 |
Gorakhpur |
Uttar Pradesh |
6747 |
0.11 |
|
54 |
Bhavnagar |
Gujarat |
6747 |
0.11 |
|
55 |
Anand |
Gujarat |
6747 |
0.11 |
|
56 |
Belgaum |
Karnataka |
6747 |
0.11 |
|
57 |
Kalyan |
Maharashtra |
6133 |
0.10 |
|
58 |
Madurai |
Tamil Nadu |
6133 |
0.10 |
|
59 |
Navsari |
Gujarat |
5520 |
0.09 |
|
60 |
Hubli |
Karnataka |
5520 |
0.09 |
|
61 |
Siliguri |
West Bengal |
5520 |
0.09 |
|
62 |
Panvel |
Maharashtra |
5520 |
0.09 |
|
63 |
Vijaywada |
Andhra Pradesh |
5520 |
0.09 |
|
64 |
Kharghar |
Maharashtra |
5520 |
0.09 |
|
65 |
Rourkela |
Odisha |
5520 |
0.09 |
|
66 |
Vapi |
Gujarat |
5520 |
0.09 |
|
67 |
Bharuch |
Gujarat |
4907 |
0.08 |
|
68 |
Mira Road |
Maharashtra |
4907 |
0.08 |
|
69 |
Bareilly |
Uttar Pradesh |
4907 |
0.08 |
|
70 |
Valsad |
Gujarat |
4907 |
0.08 |
|
71 |
Asansol |
West Bengal |
4907 |
0.08 |
|
72 |
Moradabad |
Uttar Pradesh |
4907 |
0.08 |
|
73 |
Ahmednagar |
Maharashtra |
4907 |
0.08 |
|
74 |
Ajmer |
Rajasthan |
4907 |
0.08 |
|
75 |
Tiruchirapalli |
Tamil Nadu |
4907 |
0.08 |
|
76 |
Cuttack |
Odisha |
4907 |
0.08 |
|
77 |
Bokaro |
Jharkhand |
4907 |
0.08 |
|
78 |
Thrissur |
Kerala |
4907 |
0.08 |
|
79 |
Jalgaon |
Maharashtra |
4907 |
0.08 |
|
80 |
Jammu |
Jammu and Kashmir |
4293 |
0.07 |
|
81 |
Solapur |
Maharashtra |
4293 |
0.07 |
|
82 |
Margao |
Goa |
4293 |
0.07 |
|
83 |
Salem |
Tamil Nadu |
4293 |
0.07 |
|
84 |
Bilaspur (Cg) |
Chhattisgarh |
4293 |
0.07 |
|
85 |
Thane |
Maharashtra |
4293 |
0.07 |
|
86 |
Aligarh |
Uttar Pradesh |
4293 |
0.07 |
|
87 |
Sangli |
Maharashtra |
4293 |
0.07 |
|
88 |
Amravati |
Maharashtra |
4293 |
0.07 |
|
89 |
Patiala |
Punjab |
3680 |
0.06 |
|
90 |
Ambala |
Haryana |
3680 |
0.06 |
|
91 |
Mormugao/Vasco |
Goa |
3680 |
0.06 |
|
92 |
Burdwan |
West Bengal |
3680 |
0.06 |
|
93 |
Muzaffarpur |
Uttar Pradesh |
3680 |
0.06 |
|
94 |
Jhansi |
Uttar Pradesh |
3680 |
0.06 |
|
95 |
Akola |
Maharashtra |
3067 |
0.05 |
|
96 |
Hosur |
Tamil Nadu |
3067 |
0.05 |
|
97 |
Panipat |
Haryana |
3067 |
0.05 |
|
98 |
Shimla |
Himachal Pradesh |
3067 |
0.05 |
|
99 |
Alwar |
Rajasthan |
3067 |
0.05 |
|
100 |
Guntur |
Andhra Pradesh |
3067 |
0.05 |
|
101 |
Tirupur |
Tamil Nadu |
3067 |
0.05 |
|
102 |
Satara |
Maharashtra |
3067 |
0.05 |
|
103 |
Junagadh |
Gujarat |
3067 |
0.05 |
|
104 |
Korba |
Chhattisgarh |
3067 |
0.05 |
|
105 |
Dhule |
Maharashtra |
3067 |
0.05 |
|
106 |
Kozhikode |
Kerala |
3067 |
0.05 |
|
107 |
Gandhidham |
Gujarat |
3067 |
0.05 |
|
108 |
Mehsana |
Gujarat |
3067 |
0.05 |
|
109 |
Nadiad |
Gujarat |
2453 |
0.04 |
|
110 |
Ujjain |
Madhya Pradesh |
2453 |
0.04 |
|
111 |
Other Cities |
- |
1152433 |
18.79 |
|
112 |
NRIs & Overseas |
- |
249622 |
4.07 |
|
|
Total |
|
6133227 |
100.00 |
