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

Mutual Fund Industry Factbook – Nov’22

Written by - Fisdom Research

November 10, 2022 2 minutes

Mutual Fund Industry Asset Under Management

AUM crossed Rs.39 tn in Oct’22

Data point as on October every month
Chart: Fisdom Research • Source: NSE India • Created with Data wrapper

DateAUM (INR Tn)Trillion GrowthMilestoneYears Taken
Oct-12₹ 7.70
Oct-13₹ 8.30
Oct-14₹ 11.00₹ 3.30Crossed Rs. 10 Trillion2
Oct-15₹ 13.20
Oct-16₹ 16.30
Oct-17₹ 21.40₹ 10.50Crossed Rs. 20 Trillion3
Oct-18₹ 22.20
Oct-19₹ 26.30
Oct-20₹ 28.20₹ 6.80Near Rs. 30 Trillion3
Oct-21₹ 37.30
Oct-22₹ 39.50₹ 11.30About to reach Rs. 40 Trillion2

After 2012, AUM crossed 7 Trillion in two years, crossed 10 Trillion after that, and within the next three years, it crossed the milestone of 20 Trillion. Recently the AUM crossed 37 Trillion, and in Oct’22 recorded at ₹ 39.5 Trillion. It showed the clear up trend in the mutual fund industry. Consistent flow from retail participation was a vital determinant of a solid uptick in the AUM.

Equity & Debt Asset Under Management

After a decline for last few months equity AUM rose in October 2022

Source: ACE MF.

Source: ACE MF.

The equity AUM stood at ₹ 22.6 Trillion in Oct’2022. Strong macro fundamentals, proactive monetary & fiscal support and strong corporate balance sheets were a few key reasons behind the rise in equity AUM.

The Debt AUM stood at ₹ 12.9Trillion in Oct’2022. The uncertain interest rate environment & hawkish commentaries by global central banks impacted the flows.

Top 10 AMCs By Asset Under Management

SBI AMC remains at the top; UTI  AMC seen highest month on month change amongst the top 10 AMCs

AMC NameAUM RankTotal AUM In Sep’22 (Cr.)Total AUM In Oct’22 (Cr.)M-o-M%
UTI Asset Management Company Private Limited8₹ 2,32,207₹ 2,42,8704.60%
DSP Investment Managers Private Limited10₹ 1,11,511₹ 1,16,4194.40%
Kotak Mahindra Asset Management Company Limited5₹ 2,77,296₹ 2,88,2694.00%
SBI Funds Management Limited1₹ 6,85,098₹ 7,12,1734.00%
Nippon Life India Asset Management Limited4₹ 2,80,282₹ 2,91,2043.90%
HDFC Asset Management Company Limited3₹ 4,26,892₹ 4,40,9333.30%
Axis Asset Management Company Ltd.7₹ 2,43,420₹ 2,51,1593.20%
ICICI Prudential Asset Management Company Limited2₹ 4,91,067₹ 5,05,7713.00%
Aditya Birla Sun Life AMC Limited6₹ 2,69,330₹ 2,77,1442.90%
IDFC Asset Management Company Limited9₹ 1,16,200₹ 1,18,8372.30%

Source: ACE MF

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