MF News Which fund houses have the highest AUM in T30 cities?

Which fund houses have the highest AUM in T30 cities?

Over 80% of MF industry AUM comes from T30 cities.

Kushan Shah Oct 15, 2024

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Cafemutual’s analysis of AUM data of AMCs shows that SBI MF, ICICI Prudential MF and HDFC MF are the biggest players in T30 cities.

The largest fund house of the country, SBI MF also has the highest AUM in T30 cities at Rs. 8.72 lakh crore. It derives 77% of its total AUM from the top 30 cities in September 2024.

ICICI Pru MF is second with Rs. 7.24 lakh crore AUM coming from the top 30 cities. HDFC MF comes third in the list with a T30 AUM of Rs. 6.26 lakh crore. Both ICICI Pru MF and HDFC MF see over 80% of their total AUM coming from top cities.

Nippon India MF is fourth on the list with an AUM of Rs. 4.45 lakh crore from the top 30 cities. Kotak MF rounds off the top 5 with a T30 AUM of Rs. 4.22 lakh crore.

Other players in the top 10 list with high T30 AUM include Aditya Birla Sun Life MF, UTI MF, Axis MF, Mirae Asset MF and DSP MF.

Let us look at the table to know more about the performance of all fund houses.

Sr. No.	Fund House	T30 AUM	Total AUM
1	SBI	871890	1126982
2	ICICI Prudential	724419	867070
3	HDFC	626180	778115
4	Nippon India	445544	560550
5	Kotak	422014	480682
6	Aditya Birla	315921	386982
7	UTI	278665	350948
8	Axis	260322	323806
9	Mirae Asset	164652	195821
10	DSP	159379	189263
11	Tata	148314	180490
12	Bandhan	142018	159276
13	Edelweiss	134776	143442
14	HSBC	111843	129937
15	Franklin Templeton	91120	114532
16	Invesco	89798	101546
17	Canara Robeco	84315	110393
18	Quant	71702	100426
19	PPFAS	71086	91672
20	Motilal Oswal	61673	76603
21	Sundaram	54465	68555
22	Baroda BNP Paribas	36849	46225
23	LIC	27880	34344
24	Mahindra Manulife	22516	29414
25	PGIM	20721	26413
26	Union	14055	19783
27	WhiteOak Capital	11203	14045
28	360 ONE	11088	12113
29	JM Financial	10819	12229
30	BOI	8323	10994
31	ITI	7266	9522
32	NJ Financial	5244	6975
33	Navi	5114	6778
34	Zerodha Capital	2730	2984
35	Helios	2299	2465
36	Quantum	2236	2573
37	Samco	1913	2592
38	Trust	1869	1959
39	Groww	842	1203
40	Taurus	829	938
41	Old Bridge	705	771
42	Shriram	662	789
Total		5497332	6782200

In terms of proportion of T30 assets to the total AUM, Trust MF has its highest proportion of assets coming from T30 cities at 95%.

Second in the list is Edelweiss MF, which has 94% of its AUM from T30 cities. Helios MF with 93% share of its AUM from T30 cities.

Other fund houses with high proportion of T30 AUM includes 360 ONE MF, Zerodha Capital MF, Old Bridge MF, Bandhan MF, JM Financial MF, Invesco MF and Taurus MF.

Overall, over 80% of the MF industry AUM comes from T30 cities. The T30 AUM of the MF industry is at Rs. 54.97 lakh crore.

Let us look at the table to know about the proportion of T30 AUM for all AMCs.

Sr. No.	Fund House	T30 AUM	Total AUM	T30 AUM %
1	Trust	1869	1959	95.41
2	Edelweiss	134776	143442	93.96
3	Helios	2299	2465	93.27
4	360 ONE	11088	12113	91.54
5	Zerodha Capital	2730	2984	91.49
6	Old Bridge	705	771	91.44
7	Bandhan	142018	159276	89.16
8	JM Financial	10819	12229	88.47
9	Invesco	89798	101546	88.43
10	Taurus	829	938	88.38
11	Kotak	422014	480682	87.79
12	Quantum	2236	2573	86.90
13	HSBC	111843	129937	86.07
14	DSP	159379	189263	84.21
15	Mirae Asset	164652	195821	84.08
16	Shriram	662	789	83.90
17	ICICI Prudential	724419	867070	83.55
18	Tata	148314	180490	82.17
19	Aditya Birla	315921	386982	81.64
20	LIC	27880	34344	81.18
21	Motilal Oswal	61673	76603	80.51
22	HDFC	626180	778115	80.47
23	Axis	260322	323806	80.39
24	WhiteOak Capital	11203	14045	79.77
25	Baroda BNP Paribas	36849	46225	79.72
26	Franklin Templeton	91120	114532	79.56
27	Nippon India	445544	560550	79.48
28	Sundaram	54465	68555	79.45
29	UTI	278665	350948	79.40
30	PGIM	20721	26413	78.45
31	PPFAS	71086	91672	77.54
32	SBI	871890	1126982	77.37
33	Mahindra Manulife	22516	29414	76.55
34	Canara Robeco	84315	110393	76.38
35	ITI	7266	9522	76.31
36	BOI	8323	10994	75.70
37	Navi	5114	6778	75.45
38	NJ Financial	5244	6975	75.18
39	Samco	1913	2592	73.80
40	Quant	71702	100426	71.40
41	Union	14055	19783	71.05
42	Groww	842	1203	69.99
Total		5497332	6782200	81.06

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