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Research MF Industry FactBook Mutual Fund Industry Factbook – Dec’22

Mutual Fund Industry Factbook – Dec’22

Written by - Fisdom Research

December 10, 2022 2 minutes

Mutual Fund Industry Asset Under Management

AUM crossed INR. 40 Tn mark in Nov’22

Latest Data poin as on November 2022.
Chart: Fisdom Research • Source AMFI •Created with Datawrapper

DateAUM (INR Tn)Trillion GrowthMilestoneYears Taken
Nov-12₹ 7.90
Nov-13₹ 8.90
Nov-14₹ 10.90₹ 3.00Crossed Rs. 10 Trillion2
Nov-15₹ 13.00
Nov-16₹ 16.50
Nov-17₹ 22.80₹ 11.90Crossed Rs. 20 Trillion3
Nov-18₹ 24.00
Nov-19₹ 27.00
Nov-20₹ 30.00₹ 7.20Touched Rs. 30 Trillion3
Nov-21₹ 37.30
Nov-22₹ 40.40₹ 10.40Crossed Rs. 40 Trillion2

The Mutual Fund industry’s AUM hit a lifetime high at INR 40.4 Tn in Nov’22. This amounts to a >5x growth in just a decade.
Such AUM growth is accompanied by robust growth in number of folios, the bifurcation of which, reflects increasing retail participation. Total number of folios stood at 13.98 Crore for the period ended Nov’22.

Equity & Debt Asset Under Management

Equity AUM uptick continues; Debt AUM surges

Source: ACE MF. Fisdom Research

Source: ACE MF. Fisdom Research

Equity MF AUM stood at INR 22.9 Trillion in Nov’2022 with a MoM increase of  INR 0.3 trillion. Favourable market conditions, strong SIP book and FII inflows were key reasons for the uptick in equity AUM.

Debt AUM stood at INR 13.8 Trillion in Nov’2022. Indications of less aggressive rate hikes by global central banks and softening of yields across the board rekindled investor interest in the category.

Top 10 AMC Level AUM

SBI AMC remains at the top; Mirae Asset AMC sees highest month on month change within top 10 AMCs.

AMC NameM-o-M%Total AUM RankTotal AUM In Oct’22 (Cr.)Total AUM In Nov’22 (Cr.)
Mirae Asset Investment Managers (India) Private Limited5.30%9₹ 1,16,142₹ 1,22,324
HDFC Asset Management Company Limited3.70%3₹ 4,40,933₹ 4,57,186
ICICI Prudential Asset Management Company Limited2.20%2₹ 5,05,771₹ 5,17,087
Nippon Life India Asset Management Limited2.10%4₹ 2,91,204₹ 2,97,216
Aditya Birla Sun Life AMC Limited1.60%6₹ 2,77,144₹ 2,81,594
SBI Funds Management Limited1.50%1₹ 7,12,173₹ 7,22,788
IDFC Asset Management Company Limited0.70%10₹ 1,18,837₹ 1,19,618
UTI Asset Management Company Private Limited0.10%8₹ 2,42,870₹ 2,42,999
Axis Asset Management Company Ltd.-0.40%7₹ 2,51,159₹ 2,50,237
Kotak Mahindra Asset Management Company Limited-0.70%5₹ 2,88,269₹ 2,86,183

Source: ACE MF. Fisdom Research

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