HDFC Mutual Fund retained its top slot, in
terms of average assets under management (AAUM) in December quarter. According
to the latest data published by AMFI, HDFC AMC’s AAUM increased by Rs. 8,987 crore from Rs.
1.41 lakh crore during September quarter to Rs. 1.50 lakh crore in December
quarter.
ICICI Prudential ranked second with AAUM of Rs. 1.36 lakh crore.
ICICI Pru recorded highest growth in AAUM among all AMCs in absolute terms with
its assets increasing by Rs. 9,099 crore from Rs. 1.27 lakh crore to Rs. 1.36
lakh crore during the same period.
After ICICI, HDFC was the highest AAUM gainer at Rs. 8,987 crore, followed by
Franklin Templeton at Rs. 8,032 crore. The highest growth in assets, in percentage
terms, was recorded by Edelweiss. Its AAUM went up 55% from Rs. 380 crore to
Rs. 588 crore in the December quarter, followed by Motilal Oswal and IIFL both
recording a growth of 39%.
Among the top 15 AMCs, all fund houses except Tata and SBI, saw an
increase in their AAUM.
AAUM of top 15 AMCs as on Oct-Dec quarter
Despite a correction in Sensex during Sep-Dec, the industry’s AAUM
reached a new high of Rs. 11.05 lakh crore, due to inflows in income, liquid
funds and equity funds.
Overall, the industry’s AAUM increased by 4% from 10.59 lakh crore in September to Rs. 11.05 lakh crore in December.
