Selecting a mutual fund house requires careful evaluation of its Assets Under Management (AUM), a metric that highlights its market footprint and investor trust. Below is an exclusive breakdown of India’s leading fund houses, ranked by AUM, along with their unique strengths and offerings:
1. SBI Mutual Fund
- AUM: ₹10.9 Lakh Crore
- Schemes: 122
- Standout Feature: Backed by India’s
largest bank, SBI Mutual Fund leads with a robust mix of equity, debt, and
hybrid funds. Its flagship products, like SBI BlueChip Fund,
appeal to investors seeking long-term stability.
2. ICICI Prudential Mutual Fund
- AUM: ₹9.01 Lakh Crore
- Schemes: 131 (Highest in the
industry)
- Standout Feature: A trailblazer in
thematic investing, ICICI Prudential offers niche products like Business
Cycle Funds and AIF-linked strategies, catering to sophisticated
investors.
3. HDFC Mutual Fund
- AUM: ₹7.88 Lakh Crore
- Schemes: 103
- Standout Feature: Renowned for
low-volatility funds, HDFC’s Index Funds and Dynamic
PE Ratio-Based Strategies are ideal for passive investors.
4. Nippon India Mutual Fund
- AUM: ₹5.64 Lakh Crore
- Schemes: 111
- Standout Feature: A leader in ETFs and
sector-specific funds, Nippon India’s Japan Equity Fund provides
rare exposure to international markets.
5. Kotak Mahindra Mutual Fund
- AUM: ₹4.88 Lakh Crore
- Schemes: 92
- Standout Feature: Kotak’s Corporate
Bond Funds and Liquid Schemes dominate the debt
segment, favored by institutions for capital preservation.
6. Aditya Birla Sun Life Mutual Fund
- AUM: ₹3.73 Lakh Crore
- Schemes: 109
- Standout Feature: A pioneer in SIP-driven
growth, its Global Exposure Funds (e.g., International
Equity Fund) diversify portfolios beyond Indian markets.
7. UTI Mutual Fund
- AUM: ₹3.42 Lakh Crore
- Schemes: 84
- Standout Feature: UTI’s legacy Children’s
Gift Funds and Retirement Solutions cater to goal-based
investors, blending safety with moderate returns.
8. Axis Mutual Fund
- AUM: ₹3.20 Lakh Crore
- Schemes: 80
- Standout Feature: Axis shines in ESG
(Environmental, Social, Governance) investing, with funds like ESG
Equity Fund attracting millennials.
9. Mirae Asset Mutual Fund
- AUM: ₹1.95 Lakh Crore
- Schemes: 70
- Standout Feature: Despite being newer,
Mirae’s Emerging Bluechip Fund and Global X AI
& Tech ETF reflect its global expertise in high-growth
sectors.
10. DSP Mutual Fund
- AUM: ₹1.88 Lakh Crore
- Schemes: 71
- Standout Feature: DSP Mutual Fund is backed by
the 150-year-old DSP Group, ensuring financial stability and credibility.
- The fund house has a proven
track record in asset management and wealth creation.