SBI Mutual Fund is at number one in the list of top mutual fund company of the country. HDFC Mutual Fund is at second place in the list and ICICI Prudential Mutual Fund at number three.
SBI Mutual Fund continues to dominate the nation’s mutual fund industry. SBI Mutual Fund is at number one in the list of top mutual fund company of the country. HDFC Mutual Fund is at second place in the list and ICICI Prudential Mutual Fund at number three. In the top 5 list, Birla Sun Life Mutual Fund is fourth and Kotak Mahindra Mutual Fund is at the fifth position.
SBI Mutual Fund is at number one with an AUM (AMU) of Rs 505373.46 crore. It is the first fund house in the country, whose AUM is more than 5 lakh crore rupees. The AMU of HDFC Mutual Fund is Rs 416669.97 crore and is second in the list. At the same time, the AMU of ICICI Prudential Mutual Fund is 416198.20 crores. There is a difference of Rs 471.77 crore in AMU between HDFC MF and ICICI Prudential MF.
Which company in which place
Birla Sun Life Mutual Fund is at number four in the mutual fund industry of the country with an AUM of 269700.47 crores. At the same time, in fifth place is Kotak Mutual Fund. Its AUM is 234742.65 lakh crores. Axis Mutual Fund is at number seven with an AMU of 196862.05 crore. UTI Mutual Fund is at the eighth position in the top 10 list. The company has asset under management of Rs 182852.73 crore.
Money in equity scheme
Investors have invested in equity schemes of mutual funds in April. 3,437 crores in equity mutual funds in April. According to data from the Association of Mutual Funds in India (AMFI), Rs 1,705 crore and Rs 958 crore were invested in sectoral or thematic schemes and midcap schemes. 136 crore came in equity linked schemes.
