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  • 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 16 hours ago

    Listen to this article

    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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