Top Mutual Fund Houses in India - Based on Assets Under Management

India has over 40 Mutual Fund Company's that have MF Schemes that are available for Purchase for Investors. As you might already know, AUM stands for Assets Under Management. It refers to the total amount of money that investors have invested, and is being managed by the Fund Management Company. For ex: If we sum up the AUM's of all the individual MF Schemes that are run by HDFC Mutual Fund, we will get the total Assets Managed by HDFC Mutual Fund.

This post is about the Top 25 Asset Management Company's in India, based on the Assets they manage in their Mutual Fund Schemes.

S.No	Fund Management Company	Assets Under Management in Lakhs (INR)
1	HDFC Mutual Fund	8862802.61
2	Reliance Mutual Fund	8230580.65
3	ICICI Prudential Mutual Fund	6936779.24
4	Birla Sun Life Mutual Fund	6037726.7
5	UTI Mutual Fund	5781734
6	SBI Mutual Fund	4155151.16
7	Franklin Templeton Mutual Fund	3564162.94
8	DSP BlackRock Mutual Fund	3056490.31
9	Kotak Mahindra Mutual Fund	2973805.82
10	IDFC Mutual Fund	2647593.33
11	Tata Mutual Fund	2147330.74
12	Sundaram Mutual Fund	1477477.78
13	Deutsche Mutual Fund	1331435.43
14	Religare Mutual Fund	1181399.82
15	Fidelity Mutual Fund	879687.03
16	Axis Mutual Fund	859813.71
17	Canara Robeco Mutual Fund	735603.37
18	JM Financial Mutual Fund	691535.25
19	JPMorgan Mutual Fund	675871.93
20	LIC NOMURA Mutual Fund	622257.13
21	IDBI Mutual Fund	610188.9
22	HSBC Mutual Fund	489722.26
23	BNP Paribas Mutual Fund	480524.14
24	L&T Mutual Fund	461609.32
25	Taurus Mutual Fund	459976.29

As you can see, HDFC Mutual Fund is the largest Fund Management company in India, that is managing over 88.6 Lakh Crores of Investory Money. As expected Reliance is at No. 2 and ICICI Prudential follows at No.3. These are 3 big giants of the Indian Mutual Fund Industry.

The Top 5 Fund Houses, HDFC, Reliance, ICICI, Birla Sun Life & UTI put together, manage more funds that all the other Fund Houses put together.

There are nearly 20 more MF houses that sell MF's in India. They are not included here because, they don't manage as much assets as these top 25. However, for those curious folks among us, that want to know the top 5 MF houses, that manage the least Assets (AUM) the list is as follows:

S.No	Fund Management Company	Assets Under Management in Lakhs (INR)
1	IIFL Mutual Fund	2577.22
2	Bharti AXA Mutual Fund	16119.76
3	Quantum Mutual Fund	17329.62
4	Escorts Mutual Fund	20479.82
5	Motilal Oswal Mutual Fund	23213.49

To Wrap up - Do you want to know the total amount of Investor Money that is managed by these MF houses???

Rs. 6,81,70,771.66 Lakhs

In Other Words it is 6.81 Crore Lakh Rupees.

Thats a Mind Boggling Number, Isnt it???

Happy Investing!!!