HDFC Mutual Fund retains its top position by asset size

HDFC Mutual Fund maintained its top position by asset size at Rs 926 billion in the June quarter; its assets rose by Rs 27 billion or 3.1%. Reliance Mutual Fund maintained second position with assets of Rs 807 billion (up 3.3% or Rs 26 billion), while ICICI Prudential Mutual fund was third with Rs 730 billion assets (up 6.3% or Rs 43 billion). 

Birla Sun Life Mutual Fund reported the highest rise in absolute terms. Its average AUM rose by Rs 61 billion or 10% to Rs 672 billion in the June quarter. SBI Mutual Fund followed with its average AUM up Rs 51 billion or 12% to Rs 472 billion. Among AUM losers, Fidelity Mutual Fund reported the highest fall in absolute terms of Rs 13 billion or 15% in its average AUM to Rs 74 billion.

Top 10 AMCs by Average AUM (Rs billion)