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AMFI data shows that SBI Mutual Fund, ICICI Prudential Mutual Fund and HDFC Mutual Fund are the top three fund houses in terms of quarterly average AUM in December 2024.
SBI Mutual Fund occupies the top spot among AMCs with a quarterly average AUM of Rs. 11.14 lakh crore in December 2024.
ICICI Prudential Mutual Fund is at the second spot with AUM of Rs. 8.74 lakh crore. HDFC MF captures the third spot with AUM of Rs. 7.87 lakh crore.
Following the top three are Nippon India Mutual Fund and Kotak Mutual Fund with assets of Rs. 5.70 lakh crore and Rs. 4.89 lakh crore, respectively.
Aditya Birla Sun Life Mutual Fund and UTI Mutual Fund occupy the next two spots with a quarterly AUM of Rs. 3.84 lakh crore and Rs. 3.52 lakh crore, respectively.
Axis Mutual Fund, Mirae Asset Mutual Fund and DSP Mutual Fund complete the top 10 list with AUM of Rs. 3.26 lakh crore, Rs. 1.94 lakh crore and Rs. 1.93 lakh crore, respectively.
Let us look at the table to know more.
|
Sr. No. |
Fund House |
Quarterly AUM (December 2024) |
|
1 |
SBI |
1113952 |
|
2 |
ICICI Prudential |
873958 |
|
3 |
HDFC |
787434 |
|
4 |
Nippon India |
569954 |
|
5 |
Kotak Mahindra |
488745 |
|
6 |
Aditya Birla Sun Life |
383911 |
|
7 |
UTI |
352412 |
|
8 |
Axis |
326098 |
|
9 |
Mirae Asset |
194276 |
|
10 |
DSP |
192744 |
|
11 |
Tata |
187905 |
|
12 |
Bandhan |
168481 |
|
13 |
Edelweiss |
142743 |
|
14 |
HSBC |
130867 |
|
15 |
Franklin Templeton |
112638 |
|
16 |
Canara Robeco |
108366 |
|
17 |
Invesco |
108268 |
|
18 |
quant |
96697 |
|
19 |
PPFAS |
95830 |
|
20 |
Motilal Oswal |
86664 |
|
21 |
Sundaram |
68692 |
|
22 |
Baroda BNP Paribas |
46791 |
|
23 |
LIC |
35311 |
|
24 |
Mahindra Manulife |
29050 |
|
25 |
PGIM India |
25846 |
|
26 |
Union |
20144 |
|
27 |
Bajaj Finserv |
18456 |
|
28 |
WhiteOak Capital |
15326 |
|
29 |
JM Financial |
13574 |
|
30 |
360 ONE |
11805 |
|
31 |
Bank of India |
11503 |
|
32 |
ITI |
9859 |
|
33 |
Navi |
6998 |
|
34 |
NJ |
6774 |
|
35 |
Zerodha |
3840 |
|
36 |
Helios |
2936 |
|
37 |
Samco |
2759 |
|
38 |
Quantum |
2542 |
|
39 |
Trust |
2144 |
|
40 |
Groww |
1538 |
|
41 |
IL&FS (IDF) |
1084 |
|
42 |
Old Bridge |
976 |
|
43 |
Shriram |
934 |
|
44 |
Taurus |
920 |
|
Grand Total |
6861745 |
|
In terms of growth in assets compared to the last quarter or September quarter, ICICI Prudential Mutual Fund has seen the highest increase in quarterly AUM of Rs. 32,700 crore.
HDFC Mutual Fund and Nippon India Mutual Fund have also recorded the second and third highest increase by adding Rs. 28,600 crore and Rs. 20,800 crore, respectively in their AUM kitty.
Kotak Mutual Fund and Motilal Oswal Mutual Fund have also witnessed the next highest increase of Rs. 18,600 crore and Rs. 16,200 crore, respectively in their quarterly AUM.
In percentage terms, Old Bridge Mutual Fund has seen the highest increase of 52%. Groww Mutual Fund and Zerodha Capital Mutual Fund are next with an increase of 47% and 45%, respectively.
Helios MF and Motilal Oswal MF are the next two with AUM growth of 28% and 23%, respectively.
Here’s the table that captures growth in quarterly AUM:
|
Sr. No. |
Fund House |
Quarterly AUM (December 2024) |
Quarterly AUM (Sept 2024) |
Change |
Change (%) |
|
1 |
ICICI Prudential |
873958 |
841227 |
32730 |
3.89 |
|
2 |
HDFC |
787434 |
758798 |
28636 |
3.77 |
|
3 |
Nippon India |
569954 |
549174 |
20780 |
3.78 |
|
4 |
Kotak Mahindra |
488745 |
470178 |
18567 |
3.95 |
|
5 |
Motilal Oswal |
86664 |
70495 |
16169 |
22.94 |
|
6 |
SBI |
1113952 |
1098643 |
15309 |
1.39 |
|
7 |
Axis |
326098 |
312338 |
13759 |
4.41 |
|
8 |
Invesco |
108268 |
96586 |
11682 |
12.09 |
|
9 |
Bandhan |
168481 |
156853 |
11627 |
7.41 |
|
10 |
DSP |
192744 |
182494 |
10250 |
5.62 |
|
11 |
Tata |
187905 |
177796 |
10109 |
5.69 |
|
12 |
UTI |
352412 |
342549 |
9863 |
2.88 |
|
13 |
PPFAS |
95830 |
87596 |
8234 |
9.40 |
|
14 |
HSBC |
130867 |
127236 |
3632 |
2.85 |
|
15 |
Bajaj Finserv |
18456 |
15593 |
2864 |
18.37 |
|
16 |
Mirae Asset |
194276 |
191505 |
2771 |
1.45 |
|
17 |
Franklin Templeton |
112638 |
110336 |
2302 |
2.09 |
|
18 |
WhiteOak Capital |
15326 |
13161 |
2165 |
16.45 |
|
19 |
JM Financial |
13574 |
11445 |
2128 |
18.60 |
|
20 |
Baroda BNP Paribas |
46791 |
45174 |
1617 |
3.58 |
|
21 |
LIC |
35311 |
33725 |
1587 |
4.70 |
|
22 |
Sundaram |
68692 |
67164 |
1528 |
2.28 |
|
23 |
Canara Robeco |
108366 |
106840 |
1526 |
1.43 |
|
24 |
Union |
20144 |
18875 |
1269 |
6.72 |
|
25 |
Zerodha |
3840 |
2643 |
1197 |
45.30 |
|
26 |
Bank of India |
11503 |
10336 |
1168 |
11.30 |
|
27 |
Edelweiss |
142743 |
141790 |
953 |
0.67 |
|
28 |
ITI |
9859 |
8945 |
914 |
10.22 |
|
29 |
Mahindra Manulife |
29050 |
28150 |
900 |
3.20 |
|
30 |
Helios |
2936 |
2289 |
647 |
28.28 |
|
31 |
Aditya Birla Sun Life |
383911 |
383309 |
602 |
0.16 |
|
32 |
Groww |
1538 |
1047 |
491 |
46.91 |
|
33 |
Trust |
2144 |
1746 |
397 |
22.76 |
|
34 |
Navi |
6998 |
6613 |
385 |
5.82 |
|
35 |
Old Bridge |
976 |
643 |
333 |
51.80 |
|
36 |
Samco |
2759 |
2548 |
211 |
8.28 |
|
37 |
Shriram |
934 |
782 |
152 |
19.43 |
|
38 |
PGIM India |
25846 |
25709 |
137 |
0.53 |
|
39 |
NJ |
6774 |
6678 |
96 |
1.43 |
|
40 |
Quantum |
2542 |
2508 |
34 |
1.37 |
|
41 |
IL&FS (IDF) |
1084 |
1062 |
22 |
2.03 |
|
42 |
360 ONE |
11805 |
11784 |
21 |
0.18 |
|
43 |
Taurus |
920 |
910 |
10 |
1.14 |
|
44 |
quant |
96697 |
97104 |
-407 |
-0.42 |
|
Grand Total |
6861745 |
6622377 |
239368 |
3.61 |
|
