Leading 10 AMCs in India by AUM (April 2023) The overall assets less than administration (AUM) of the leading 10 mutual fund asset management businesses (AMCs) in India declined by up to 5% month-on-month involving February and March 2023, according to ACE MF facts quoted by Fisdom’s “Mutual Fund Truth Book” for April 2023. On the other hand, two AMCs – Edelweiss and SBI – witnessed their AUM increase by 3% and .2% respectively m-o-m from February to March.

Next is the checklist of the top 10 mutual fund AMCs in India by AUM, as for each the information quoted in the Factbook.

1. SBI Money Management Limited

SBI AMC experienced complete AUM of Rs 7,02,166 crore until March 31, 2023. Till February 2023, the AMC’s AUM was Rs 7,00,594 crore, which grew by .2% by March 31.

2. ICICI Prudential Asset Administration

ICICI Prudential AMC experienced overall AUM of Rs 5,09,896 crore till March 31, 2023. Until February 2023, the AMC’s AUM was Rs 5,17,467 crore, which decreased by 1.5% by March 31.

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3. HDFC Asset Administration Organization Minimal

HDFC AMC had whole AUM of Rs 4,37,876 crore till March 31, 2023. Till February 2023, the AMC’s AUM was Rs 4,47,754 crore, which lessened by 2.2% by March 31.

4. Nippon Life India Asset Management

Nippon Existence India AMC experienced full AUM of Rs 2,88,042 crore until March 31, 2023. Till February 2023, the AMC’s AUM was Rs 2,88,042 crroe, which decreased by .2% by March 31.

5. Kotak Mahindra Asset Management

Kotak Mahindra AMC had full AUM of Rs 2,84,284 crore till March 31, 2023. Until February 2023, the AMC’s AUM was Rs 2,88,464 crore, which decreased by 1.4% by March 31.

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6. Aditya Birla Sunshine Lifetime AMC Restricted

Aditya Birla Solar Lifestyle AMC experienced whole AUM of Rs 2,61,547 crore until March 31, 2023. Till February 2023, the AMC’s AUM was Rs 2,64,857 crore, which lowered by 1.2% by March 31.

7. Axis Asset Management Organization

Axis AMC had complete AUM of Rs 2,28,261 crore until March 31, 2023. Until February 2023, the AMC’s AUM was Rs 2,40,292 crore, which decreased by 5% by March 31.

8. UTI Asset Management Company Personal

UTI AMC had whole AUM of Rs 2,23,853 crore until March 31, 2023. Until February 2023, the AMC’s AUM was Rs 2,35,520 crore, which decreased by 5% by March 31.

9. Edelweiss Asset Management Limited

Edelweiss AMC experienced full AUM of Rs 1,25,221 crore until March 31, 2023. Until February 2023, the AMC’s AUM was Rs 1,21,549, which grew by 3.% by March 31.

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10. Mirae Asset Financial commitment Managers (India)

Mirae Asset AMC had complete AUM of Rs 1,16,104 crore until March 31, 2023. Until February 2023, the AMC’s AUM was Rs 1,17,066 crore, which decreased by .8% by March 31.

(Disclaimer: The above written content is for details reasons only. Mutual Fund investments are matter to industry risks. Remember to seek advice from your financial advisor prior to investing)