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SBI MF, Nippon India MF and UTI MF are the top three players in the passives space, shows an analysis done by Cafemutual.
SBI MF has the highest passives AUM of Rs. 3.23 lakh crore. The fund house derives 35% of its total AUM from passive business.
Nippon India MF and UTI MF are the next fund houses with passives AUM of Rs. 1.28 lakh crore and Rs. 1.19 lakh crore.
Other fund houses in the top 5 includes ICICI Prudential MF which has a passive AUM of Rs. 88100 crore and Edelweiss MF that has a passive AUM of Rs. 80400 crore.
Among other fund houses in the top 10 list includes HDFC MF, Aditya Birla MF, Kotak MF, Bandhan MF and Motilal Oswal MF.
Let us look at the data to know more.
|
Sr. No. |
Fund House |
Commodity ETF Total |
Other ETFs Total |
Overseas FoF |
Total Index AUM |
Passive AUM |
Total AUM |
|
1 |
SBI |
4099 |
292705 |
888 |
25144 |
322836 |
929756 |
|
2 |
Nippon India |
11074 |
106047 |
0 |
10524 |
127645 |
442000 |
|
3 |
UTI |
805 |
92073 |
0 |
25670 |
118548 |
293003 |
|
4 |
ICICI Prudential |
6899 |
51649 |
216 |
29346 |
86980 |
696557 |
|
5 |
Edelweiss |
105 |
60364 |
3896 |
16080 |
80445 |
127373 |
|
6 |
HDFC |
4526 |
6787 |
1213 |
26196 |
38722 |
623815 |
|
7 |
Aditya Birla |
985 |
5632 |
1169 |
20435 |
28221 |
330416 |
|
8 |
Kotak |
3886 |
9057 |
4082 |
9771 |
26796 |
387436 |
|
9 |
Bandhan |
0 |
24 |
471 |
16627 |
17122 |
139836 |
|
10 |
Motilal Oswal |
0 |
8205 |
35 |
8755 |
16995 |
47684 |
|
11 |
Axis |
893 |
2676 |
1898 |
5338 |
10805 |
277285 |
|
12 |
DSP |
400 |
2159 |
2785 |
5078 |
10422 |
146722 |
|
13 |
Mirae Asset |
211 |
7225 |
421 |
1210 |
9067 |
162821 |
|
14 |
LIC |
117 |
4695 |
0 |
438 |
5250 |
31037 |
|
15 |
Navi |
0 |
7 |
1814 |
2528 |
4349 |
5169 |
|
16 |
Franklin Templeton |
0 |
0 |
3617 |
640 |
4257 |
89167 |
|
17 |
Tata |
111 |
685 |
0 |
3390 |
4186 |
147473 |
|
18 |
HSBC |
0 |
0 |
214 |
2457 |
2671 |
109368 |
|
19 |
PGIM India |
0 |
0 |
1627 |
31 |
1658 |
23075 |
|
20 |
Invesco |
102 |
81 |
790 |
108 |
1081 |
77132 |
|
21 |
Zerodha |
40 |
471 |
0 |
331 |
842 |
843 |
|
22 |
Baroda BNP Paribas |
62 |
0 |
67 |
244 |
373 |
35933 |
|
23 |
Quantum |
182 |
52 |
0 |
0 |
234 |
2302 |
|
24 |
Bajaj Finserv |
0 |
147 |
0 |
0 |
147 |
10073 |
|
25 |
Groww |
0 |
0 |
0 |
145 |
145 |
707 |
|
26 |
Sundaram |
0 |
0 |
119 |
0 |
119 |
57334 |
|
27 |
Mahindra Manulife |
0 |
0 |
23 |
0 |
23 |
19660 |
|
28 |
Taurus |
0 |
0 |
0 |
3 |
3 |
752 |
|
29 |
Canara Robeco |
0 |
0 |
0 |
0 |
0 |
88078 |
|
30 |
Union |
0 |
0 |
0 |
0 |
0 |
15013 |
|
31 |
NJ |
0 |
0 |
0 |
0 |
0 |
5694 |
|
32 |
Bank of India |
0 |
0 |
0 |
0 |
0 |
6905 |
|
33 |
JM Financial |
0 |
0 |
0 |
0 |
0 |
6095 |
|
34 |
360ONE |
0 |
0 |
0 |
0 |
0 |
9329 |
|
35 |
Shriram |
0 |
0 |
0 |
0 |
0 |
486 |
|
36 |
Samco |
0 |
0 |
0 |
0 |
0 |
2213 |
|
37 |
Trust |
0 |
0 |
0 |
0 |
0 |
1070 |
|
38 |
ITI MF |
0 |
0 |
0 |
0 |
0 |
6633 |
|
39 |
WhiteOak Capital |
0 |
0 |
0 |
0 |
0 |
9242 |
|
40 |
Quant |
0 |
0 |
0 |
0 |
0 |
64777 |
|
41 |
PPFAS |
0 |
0 |
0 |
0 |
0 |
67463 |
|
42 |
Helios |
0 |
0 |
0 |
0 |
0 |
1171 |
|
43 |
Old Bridge |
0 |
0 |
0 |
0 |
0 |
201 |
Index funds
When it comes to index funds, ICICI Prudential MF has the highest index AUM of Rs. 29300 crore. HDFC MF is the second biggest fund house with index AUM of Rs. 26200 crore. UTI MF is in the 3rd spot with index AUM of Rs. 25700 crore.
SBI MF and Aditya Birla MF occupy the next two spots.
Other fund houses with index AUM of over Rs. 10000 crore include Bandhan MF, Edelweiss MF and Nippon India MF with AUM of Rs. 16600 crore, Rs. 16100 crore and Rs. 10500 crore, respectively.
Let us look at the table to know more.
|
Sr. No. |
Fund House |
Equity Index Funds |
Debt Index Funds |
Total Index AUM |
|
1 |
ICICI Prudential |
15703 |
12513 |
29346 |
|
2 |
HDFC |
21984 |
4212 |
26196 |
|
3 |
UTI |
25062 |
608 |
25670 |
|
4 |
SBI |
9473 |
15671 |
25144 |
|
5 |
Aditya Birla |
1434 |
19001 |
20435 |
|
6 |
Bandhan |
1904 |
14723 |
16627 |
|
7 |
Edelweiss |
577 |
15503 |
16080 |
|
8 |
Nippon India |
5337 |
5187 |
10524 |
|
9 |
Kotak |
908 |
8863 |
9771 |
|
10 |
Motilal Oswal |
8755 |
0 |
8755 |
|
11 |
Axis |
2502 |
2836 |
5338 |
|
12 |
DSP |
2373 |
2705 |
5078 |
|
13 |
Tata |
1172 |
2218 |
3390 |
|
14 |
Navi |
2528 |
0 |
2528 |
|
15 |
HSBC |
339 |
2118 |
2457 |
|
16 |
Mirae Asset |
0 |
1210 |
1210 |
|
17 |
Franklin Templeton |
640 |
0 |
640 |
|
18 |
LIC |
438 |
0 |
438 |
|
19 |
Zerodha |
331 |
0 |
331 |
|
20 |
Baroda BNP Paribas |
72 |
172 |
244 |
|
21 |
Groww |
145 |
0 |
145 |
|
22 |
Invesco |
0 |
108 |
108 |
|
23 |
PGIM India |
0 |
31 |
31 |
|
24 |
Taurus |
3 |
0 |
3 |
ETFs
SBI MF has the highest AUM of Rs. 2.93 lakh crore in ETFs.
Nippon India MF and UTI MF are second and third with ETF AUM of Rs. 1.06 lakh crore and Rs. 92100 crore.
Edelweiss MF and ICICI Prudential MF are the other fund houses with healthy ETF AUM of Rs. 60400 crore and Rs. 51700 crore, respectively.
Other fund houses in the top 10 includes Kotak MF, Motilal Oswal MF, Mirae Asset MF, HDFC MF and Aditya Birla MF.
In terms of commodity ETFs (gold and silver), Nippon India MF has the highest AUM of Rs. 11100 crore. ICICI Prudential MF comes second with commodity ETF AUM of Rs. 6900 crore. HDFC MF completes the top 3 with a commodity ETF AUM of Rs. 4500 crore.
Let us look at the table to know more.
|
Sr. No. |
Fund House |
Equity ETF |
Debt ETF |
Silver ETF |
International ETF |
Gold ETF |
Commodity ETF Total |
Other ETFs Total |
|
1 |
SBI |
289794 |
2911 |
0 |
0 |
4099 |
4099 |
292705 |
|
2 |
Nippon India |
82862 |
22718 |
1601 |
467 |
9473 |
11074 |
106047 |
|
3 |
UTI |
92055 |
18 |
56 |
0 |
749 |
805 |
92073 |
|
4 |
Edelweiss |
0 |
60364 |
53 |
0 |
52 |
105 |
60364 |
|
5 |
ICICI Prudential |
47887 |
3762 |
1822 |
0 |
5077 |
6899 |
51649 |
|
6 |
Kotak |
8998 |
59 |
309 |
0 |
3577 |
3886 |
9057 |
|
7 |
Motilal Oswal |
608 |
78 |
0 |
7519 |
0 |
0 |
8205 |
|
8 |
Mirae Asset |
3778 |
469 |
13 |
2978 |
198 |
211 |
7225 |
|
9 |
HDFC |
6744 |
43 |
151 |
0 |
4375 |
4526 |
6787 |
|
10 |
Aditya Birla |
5585 |
47 |
276 |
0 |
709 |
985 |
5632 |
|
11 |
LIC |
2674 |
2021 |
0 |
0 |
117 |
117 |
4695 |
|
12 |
Axis |
1086 |
1590 |
47 |
0 |
846 |
893 |
2676 |
|
13 |
DSP |
885 |
1274 |
98 |
0 |
302 |
400 |
2159 |
|
14 |
Tata |
685 |
0 |
40 |
0 |
71 |
111 |
685 |
|
15 |
Zerodha |
0 |
471 |
0 |
0 |
40 |
40 |
471 |
|
16 |
Bajaj Finserv |
147 |
0 |
0 |
0 |
0 |
0 |
147 |
|
17 |
Invesco |
81 |
0 |
0 |
0 |
102 |
102 |
81 |
|
18 |
Quantum |
52 |
0 |
0 |
0 |
182 |
182 |
52 |
|
19 |
Bandhan |
24 |
0 |
0 |
0 |
0 |
0 |
24 |
|
20 |
Navi |
7 |
0 |
0 |
0 |
0 |
0 |
7 |
|
23 |
Baroda BNP Paribas |
0 |
0 |
0 |
0 |
62 |
62 |
62 |
Considering the growing popularity of passives, Cafemutual is all set to host the third edition of Cafemutual Passives Conference 2024 (CP24) on May 10,2024 at Taj Santacruz, Mumbai.
Themed ‘Time to take an active look’, the conference has an exciting line-up of over 20 esteemed speakers who will help you identify and understand the latest trends in passives category.
CPC 24 is a great opportunity for sales and product teams of banks, national distributors and wealth counters, progressive MFDs and RIAs, corporate investors, index providers, senior teams from manufacturers and all those who are curious to learn more about passives as an investment category.
Register now as the last date is today. Visit www.cafemutualevents.com.
