HDFC Mutual Fund leads the quarterly AUM charts
The year 2018 has witnessed a lot of ups and downs which led it towards a volatile year not only for equity but also for debts. However, debt category mutual funds shined against equity mutual funds. The quarterly AUM (Asset Under Management) is out for the quarter ended December 2018. There were AMCs (Asset Management Companies) that came out with good AUM (Asset Under Management) numbers. However, some were not able to cope.
Top 5 AMCs in terms of AUM for quarter ended December 2018
AMC | AUM (in Crores) |
| HDFC Mutual Fund | 3,35,19,598.02 |
| ICICI Prudential Mutual Fund | 3,08,16,648.18 |
| SBI Mutual Fund | 2,64,66,848.86 |
| Aditya Birla Sun Life Mutual Fund | 2,42,56,067.76 |
| Reliance Mutual Fund | 2,36,88,506.06 |
If we look at the above figures then clearly HDFC Mutual Fund have stolen the game with AUM of Rs. 335 lakh crore. In the previous quarter, HDFC stood second after the ICICI Prudential Mutual Fund. This quarter ICICI Prudential Mutual Fund stood second with AUM of Rs. 308 lakh crore.
AMC | AUM in Quarter (Oct to Dec 2018) | AUM in Quarter (Jul to Sep 2018) | Increase/(Decrease) in AUM |
| HDFC Mutual Fund | 3,35,19,598.02 | 3,06,36,013.85 | 28,60,845.45 |
| ICICI Prudential Mutual Fund | 3,08,16,648.18 | 3,10,25,746.40 | (2,51,427.22) |
| SBI Mutual Fund | 2,64,66,848.86 | 2,53,82,878.38 | 10,52,263.74 |
| Aditya Birla Sun Life Mutual Fund | 2,42,56,067.76 | 2,54,22,331.91 | (11,89,007.37) |
| Reliance Mutual Fund | 2,36,88,506.06 | 2,44,84,344.03 | (8,56,518.77) |
So if we compare the AUM with that of the previous quarter then the AUM of ICICI Prudential Mutual Fund, Aditya Birla Sun Life Mutual Fund and Reliance Mutual Fund have decreased by 0.82 per cent, 4.90 per cent and 3.62 per cent, respectively. On the other hand, HDFC Mutual Fund and SBI Mutual Fund have increased by 8.53 per cent and 3.98 per cent, respectively.
It is to be noted that all the AUMs are in crores and also includes FOF (Fund of Funds).