According to AMFI data, the MF industry’s quarterly average AAUM climbed by 9% between March 2024 and June 2024, from Rs. 54.13 lakh crore to Rs. 58.97 lakh crore.
Out of all fund houses, SBI MF, ICICI Prudential MF, and HDFC MF have the highest quarterly AAUM. In terms of absolute growth in AUM, these three fund firms also had the greatest rise.
With a quarterly AAUM of Rs. 9.88 lakh crore, SBI MF has the highest amount. The investment house’s quarterly AUM increased from Rs. 9.14 lakh crore in March 2024.
ICICI Prudential MF’s quarterly AAUM also increased from Rs. 6.83 lakh crore to Rs. 7.47 lakh crore between March 2024 and June 2024. HDFC MF had the third-highest quarterly AUM, at Rs. 6.71 lakh crore in June 2024, up from Rs. 6.12 lakh crore in March 2024.
Nippon India MF and Kotak MF round out the top five, with quarterly AAUM of Rs. 4.84 lakh crore and Rs. 4.19 lakh crore, respectively. Other fund houses with a large quarterly AUM include Aditya Birla MF, UTI MF, Axis MF, Mirae Asset MF, and DSP MF.
