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Asset Under Management: India's top 15 Mutual Funds

Last updated on: January 5, 2012 11:27 IST
Mutual fund industry.

The mutual fund industry took a hit of more than Rs 16,000 crore (Rs 160-billion) on its asset size during 2011, even as the newly-crowned market leader HDFC MF grew in size and consolidated its top position.

As per the latest quarterly data released by Association of Mutual Funds in India (AMFI), the cumulative average Asset Under Management (AUM) of all fund houses stood at about Rs 6,87,640 crore (Rs 6,876.40 billion) in the last quarter of 2011.

This marked a decline of Rs 16,040 crore (Rs 160.40 billion) from a total of Rs 7,03,680 crore (Rs 7,036.80 billion) in the first quarter or January-March period of 2011.

Here's a look at India's top 20 Mutual Funds in terms of Asset Under Management...

1. HDFC Mutual Fund

At the end of 2011, HDFC Mutual Fund retained its leadership position. HDFC MF was the only one among top five fund houses to register an increase in this period, as the remaining four saw their AUMs decline.

Average AUM: Rs 88,737.07 crore

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Asset Under Management: India's top 15 Mutual Funds

Last updated on: January 5, 2012 11:27 IST
Reliance MF.

2. Reliance MF

Average AUM: Rs 84,300.35 crore

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Asset Under Management: India's top 15 Mutual Funds

Last updated on: January 5, 2012 11:27 IST
ICICI Prudential MF.

3. ICICI Prudential MF

Average AUM: Rs 69,472.08 crore

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Asset Under Management: India's top 15 Mutual Funds

Last updated on: January 5, 2012 11:27 IST
Sunlife MF.

4. Sunlife MF

Average AUM: Rs 60,406.30 crore

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Asset Under Management: India's top 15 Mutual Funds

Last updated on: January 5, 2012 11:27 IST
UTI MF.

5. UTI MF

Average AUM: Rs 57,817.34 crore

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Asset Under Management: India's top 15 Mutual Funds

Last updated on: January 5, 2012 11:27 IST
SBI Mutual Fund.

6. SBI Mutual Fund

Average AUM: Rs 42,107. 61 crore

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Asset Under Management: India's top 15 Mutual Funds

Last updated on: January 5, 2012 11:27 IST
Franklin Templeton Mutual Fund.

7. Franklin Templeton Mutual Fund

Average AUM: Rs 37,311.81 crore

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Asset Under Management: India's top 15 Mutual Funds

Last updated on: January 5, 2012 11:27 IST
DSP BlackRock Mutual Fund.

8. DSP BlackRock Mutual Fund

Average AUM: Rs 30,564.90 crore

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Asset Under Management: India's top 15 Mutual Funds

Last updated on: January 5, 2012 11:27 IST
Kotak Mahindra Mutual Fund.

9. Kotak Mahindra Mutual Fund

Average AUM: Rs 30,202.62 crore

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Asset Under Management: India's top 15 Mutual Funds

Last updated on: January 5, 2012 11:27 IST
IDFC Mutual Fund.

10. IDFC Mutual Fund

Average AUM: Rs 27,252.99 crore

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Asset Under Management: India's top 15 Mutual Funds

Last updated on: January 5, 2012 11:27 IST
Tata Mutual Fund.

11. Tata Mutual Fund

Average AUM: Rs 21,473.30 crore

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Asset Under Management: India's top 15 Mutual Funds

Last updated on: January 5, 2012 11:27 IST
Sundaram Mutual Fund.

12. Sundaram Mutual Fund

Average AUM: Rs 14,774.77 crore

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Asset Under Management: India's top 15 Mutual Funds

Last updated on: January 5, 2012 11:27 IST
Deutsche Mutual Fund.

13. Deutsche Mutual Fund

Average AUM: Rs 13,314.35 crore

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Asset Under Management: India's top 15 Mutual Funds

Last updated on: January 5, 2012 11:27 IST
Religare Mutual Fund.

14. Religare Mutual Fund

Average AUM: Rs 11, 821.07 crore

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Asset Under Management: India's top 15 Mutual Funds

Last updated on: January 5, 2012 11:27 IST
Fidelity Mutual Fund.

15. Fidelity Mutual Fund

Average AUM: Rs 8,880.46 crore