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  • MF News Which cities have the highest MF AUM?

    Which cities have the highest MF AUM?

    AMFI data reveals the cities with the highest MF assets.
    Kushan Shah Feb 16, 2025

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    AMFI data shows that Mumbai, Delhi and Bengaluru have the highest MF AUM among all cities.

    Mumbai has the highest AUM among all the cities in India with assets of Rs. 18.92 lakh crore. The capital city, Delhi, is second in the ranking with MF assets of Rs. 8.49 lakh crore. Bengaluru comes third with AUM of Rs. 3.80 lakh crore. The top three cities together contribute about 45% of the MF AUM.

    Pune and Kolkata complete the top five with AUM of Rs. 2.70 lakh crore and Rs. 2.41 lakh crore, contributing 4% and 3.5% to the total industry assets, respectively.

    Following the top five on the sixth spot is Ahmedabad with an AUM of Rs. 2.16 lakh crore, constituting about 3% of the total industry assets. Chennai is on the seventh spot with AUM of Rs. 2.02 lakh crore while Hyderabad is on the eighth spot with assets of Rs. 1.45 lakh crore. Both these cities contribute about 3% and 2% to the industry’s total assets under management.

    Vadodara and Jaipur are the final entries in the top 10 with assets of Rs. 62,000 crore and Rs. 58,000 crore, respectively. They contribute 0.9% and 0.8% to the total industry AUM.

    Besides the top 100 cities, NRIs and overseas investors have also contributed Rs. 2.81 lakh crore to the industry, forming 4% of the overall MF assets.

    Let’s look at the table to know more.

    Sr. No.

    Cities

    States

    City AUM

    (in lakh crore)

    % of Total AUM

    1

    Mumbai

    Maharashtra

    18.92

    27.29

    2

    Delhi

    New Delhi

    8.49

    12.25

    3

    Bengaluru

    Karnataka

    3.80

    5.48

    4

    Pune

    Maharashtra

    2.70

    3.90

    5

    Kolkata

    West Bengal

    2.41

    3.48

    6

    Ahmedabad

    Gujarat

    2.16

    3.11

    7

    Chennai

    Tamil Nadu

    2.02

    2.92

    8

    Hyderabad

    Telangana

    1.45

    2.09

    9

    Vadodara

    Gujarat

    0.62

    0.89

    10

    Jaipur

    Rajasthan

    0.58

    0.84

    11

    Surat

    Gujarat

    0.55

    0.79

    12

    Lucknow

    Uttar Pradesh

    0.49

    0.70

    13

    Nagpur

    Maharashtra

    0.40

    0.57

    14

    Kanpur

    Uttar Pradesh

    0.35

    0.51

    15

    Indore

    Madhya Pradesh

    0.31

    0.44

    16

    Nasik

    Maharashtra

    0.26

    0.38

    17

    Patna

    Bihar

    0.26

    0.38

    18

    Bhopal

    Madhya Pradesh

    0.25

    0.36

    19

    Coimbatore

    Tamil Nadu

    0.25

    0.36

    20

    Chandigarh

    Chandigarh

    0.24

    0.35

    21

    Ludhiana

    Punjab

    0.24

    0.35

    22

    Rajkot

    Gujarat

    0.23

    0.33

    23

    Bhubaneshwar

    Odisha

    0.21

    0.31

    24

    Ranchi

    Jharkhand

    0.21

    0.30

    25

    Jamshedpur

    Jharkhand

    0.19

    0.27

    26

    Guwahati

    Assam

    0.18

    0.26

    27

    Dehradun

    Uttarakhand

    0.17

    0.24

    28

    Varanasi

    Uttar Pradesh

    0.16

    0.23

    29

    Agra

    Uttar Pradesh

    0.15

    0.22

    30

    Allahabad

    Uttar Pradesh

    0.15

    0.21

    31

    Aurangabad

    Maharashtra

    0.15

    0.21

    32

    Raipur

    Chattisgarh

    0.14

    0.20

    33

    Visakhapatnam

    Andhra Pradesh

    0.13

    0.19

    34

    Cochin

    Kerala

    0.13

    0.19

    35

    Dhanbad

    Jharkhand

    0.13

    0.19

    36

    Jalandhar

    Punjab

    0.12

    0.18

    37

    Jodhpur

    Rajasthan

    0.11

    0.16

    38

    Udaipur

    Rajasthan

    0.11

    0.16

    39

    Gandhinagar

    Gujarat

    0.11

    0.16

    40

    Bhilai

    Chattisgarh

    0.10

    0.15

    41

    Amritsar

    Punjab

    0.10

    0.15

    42

    Thiruvananthapuram

    Kerala

    0.10

    0.15

    43

    Panaji

    Goa

    0.10

    0.15

    44

    Mangaluru

    Karnataka

    0.10

    0.14

    45

    Kolhapur

    Maharashtra

    0.10

    0.14

    46

    Jabalpur

    Madhya Pradesh

    0.09

    0.13

    47

    Meerut

    Uttar Pradesh

    0.09

    0.13

    48

    Jamnagar

    Gujarat

    0.09

    0.13

    49

    Gwalior

    Madhya Pradesh

    0.08

    0.12

    50

    Kota

    Rajasthan

    0.08

    0.12

    51

    Durgapur

    West Bengal

    0.08

    0.12

    52

    Mysore

    Karnataka

    0.08

    0.12

    53

    Gorakhpur

    Uttar Pradesh

    0.08

    0.11

    54

    Anand

    Gujarat

    0.08

    0.11

    55

    Belgaum

    Karnataka

    0.08

    0.11

    56

    Bhavnagar

    Gujarat

    0.08

    0.11

    57

    Kalyan

    Maharashtra

    0.07

    0.10

    58

    Madurai

    Tamil Nadu

    0.06

    0.09

    59

    Navsari

    Gujarat

    0.06

    0.09

    60

    Vijayawada

    Andhra Pradesh

    0.06

    0.09

    61

    Hubli

    Karnataka

    0.06

    0.09

    62

    Rourkela

    Odisha

    0.06

    0.09

    63

    Kharghar

    Maharashtra

    0.06

    0.09

    64

    Vapi

    Gujarat

    0.06

    0.09

    65

    Siliguri

    West Bengal

    0.06

    0.09

    66

    Mira Road

    Maharashtra

    0.06

    0.08

    67

    Bharuch

    Gujarat

    0.06

    0.08

    68

    Bareilly

    Uttar Pradesh

    0.06

    0.08

    69

    Panvel

    Maharashtra

    0.06

    0.08

    70

    Asansol

    West Bengal

    0.06

    0.08

    71

    Ahmednagar

    Maharashtra

    0.06

    0.08

    72

    Thrissur

    Kerala

    0.06

    0.08

    73

    Moradabad

    Uttar Pradesh

    0.06

    0.08

    74

    Valsad

    Gujarat

    0.06

    0.08

    75

    Ajmer

    Rajasthan

    0.06

    0.08

    76

    Solapur

    Maharashtra

    0.06

    0.08

    77

    Cuttack

    Odisha

    0.06

    0.08

    78

    Bokaro

    Jharkhand

    0.06

    0.08

    79

    Tiruchirapalli

    Tamil Nadu

    0.06

    0.08

    80

    Jammu

    Jammu & Kashmir

    0.05

    0.07

    81

    Jalgaon

    Maharashtra

    0.05

    0.07

    82

    Thane

    Maharashtra

    0.05

    0.07

    83

    Margao

    Goa

    0.05

    0.07

    84

    Bilaspur (CG)

    Chattisgarh

    0.05

    0.07

    85

    Salem

    Tamil Nadu

    0.05

    0.07

    86

    Aligarh

    Uttar Pradesh

    0.05

    0.07

    87

    Kozhikode

    Kerala

    0.05

    0.07

    88

    Sangli

    Maharashtra

    0.05

    0.07

    89

    Ambala

    Haryana

    0.05

    0.07

    90

    Amravati

    Maharashtra

    0.05

    0.07

    91

    Patiala

    Punjab

    0.05

    0.07

    92

    Korba

    Chattisgarh

    0.04

    0.06

    93

    Burdwan

    West Bengal

    0.04

    0.06

    94

    Muzaffarpur

    Bihar

    0.04

    0.06

    95

    Jhansi

    Uttar Pradesh

    0.04

    0.06

    96

    Guntur

    Andhra Pradesh

    0.03

    0.05

    97

    Mormugao/Vasco

    Goa

    0.03

    0.05

    98

    Akola

    Maharashtra

    0.03

    0.05

    99

    Alwar

    Rajasthan

    0.03

    0.05

    100

    Satara

    Maharashtra

    0.03

    0.05

    101

    Shimla

    Himachal Pradesh

    0.03

    0.05

    102

    Panipat

    Haryana

    0.03

    0.05

    103

    Tirupur

    Tamil Nadu

    0.03

    0.05

    104

    Junagadh

    Gujarat

    0.03

    0.05

    105

    Dhule

    Maharashtra

    0.03

    0.05

    106

    Mehsana

    Gujarat

    0.03

    0.05

    107

    Gandhidham

    Gujarat

    0.03

    0.04

    108

    Ujjain

    Madhya Pradesh

    0.03

    0.04

    109

    Bikaner

    Rajasthan

    0.03

    0.04

    110

    Haridwar

    Uttarakhand

    0.03

    0.04

    111

    Other Cities

    -

    12.87

    18.57

    112

    NRIs & Overseas

    -

    2.81

    4.06

    Total

    69.32

    100.00

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    3 Comments
    Aniruddha Rahalkar · 3 weeks ago `
    It would be better if you publish City wise AUM break up only for retail investors excluding corporates
    Mumbai and Delhi I am sure have huge corporate investments
    Shahebaz Khan · 3 weeks ago `
    It’s Very Difficult To Work in B30 City’s Now Days With This Brokerage Structure.MFDS Situation Is Becoming Worst day By Day👎🏻
    Agrawal Prafful · 3 weeks ago
    Totally agree sir
    Sebi must bring some incentive program for b30 mfds
    Reply
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