Mutual fund companies with more than Rs 2,00,000 crore asset under management

Our analysis aims to provide a fair and unbiased comparison, differentiating between AMCs with AUMs below Rs 10,000 crore and those over Rs 2,00,000 crore

The Asset Management Companies (AMC) are currently witnessing a robust Compound Annual Growth Rate (CAGR) of 14 per cent. This implies that AMCs growing below this rate might be losing their market share to the competition.

It's widely anticipated that India's AMC sector is on the verge of significant growth. To shed light on this, we've conducted an in-depth analysis using the  Asset Under Management (AUM) figures released for December 2023, including a year-on-year comparative study.

While there are reports of certain AMCs doubling their AUM, it's essential to account for the base effect in these comparisons. Our analysis aims to provide a fair and unbiased comparison, differentiating between AMCs with AUMs below Rs 10,000 crore and those over Rs 2,00,000 crore.

AMCs with less than Rs 10,000 crore AUM as of December 2023

Notable Performers: AMCs Achieving Remarkable Growth

• Leading the growth is WhiteOak Capital Asset Management Limited, with an astounding 281 per cent year-on-year AUM increase, from Rs 1,654.93 crore to Rs 6,310.75 crore.
   
• Close behind is Navi AMC Limited, showcasing an 89.95 per cent AUM growth, and Samco Asset Management Pvt Ltd, with an 87.17 per cent increase.

Consistent Performers: AMCs with Steady Growth

• NJ Asset Management Private Limited and Trust Asset Management Private Limited have shown healthy growth rates of 2.64 per cent and 8.51 per cent, respectively.

Areas of Concern: AMCs with Declining Growth

• UTI Mutual Fund and Indiabulls Asset Management Company Ltd have seen their AUMs decrease, indicating a potential concern.
  
  AMCs with more than Rs 2,00,000 crore AUM as of December 2023
  

Leaders of the Pack: Industry Giants Demonstrating Strong Growth

• HDFC Asset Management Company Limited and Kotak Mahindra Asset Management Co Ltd are leading with impressive AUM growth rates of 23.88 per cent and 24.15 per cent, respectively.

Stable Growth: AMCs Maintaining Solid Growth

• SBI Funds Management Ltd and Nippon Life India Asset Management Ltd have recorded commendable growth, aligning with market trends. Behind the Curve: AMCs with Slower Growth Rates
   
• Aditya Birla Sun Life AMC Ltd and Axis Asset Management Company Limited have growth rates below the industry average, highlighting a need for evaluation.
   

Investor Implications: The varying growth rates among established AMCs highlight the dynamic nature of the sector. Investors should look beyond an AMC's size, considering its growth trends, investment strategies, and other critical factors.

Remember, this analysis is for educational purposes and is based on publicly available data. Investors should conduct thorough research or consult professionals before making investment decisions.