Largest mutual fund companies (Asset Management Companies or AMCs) in India

The largest mutual fund companies (Asset Management Companies or AMCs) in India by Assets Under Management (AUM) are:

Rank AMC

1 SBI Mutual Fund

2 ICICI Prudential Mutual Fund

3 HDFC Mutual Fund

4 Nippon India Mutual Fund

5 Kotak Mahindra Mutual Fund

6 Aditya Birla Sun Life Mutual Fund

7 UTI Mutual Fund

8 Axis Mutual Fund

9 DSP Mutual Fund

10 Tata Mutual Fund

Approximate AUM (₹ lakh crore):

SBI Mutual Fund – ₹12.8 lakh crore

ICICI Prudential Mutual Fund – ₹11.7 lakh crore

HDFC Mutual Fund – ₹9.5 lakh crore

Nippon India Mutual Fund – ₹7.4 lakh crore

Kotak Mahindra Mutual Fund – ₹6.0 lakh crore

Aditya Birla Sun Life Mutual Fund – ₹4.4 lakh crore

UTI Mutual Fund – ₹3.9 lakh crore

Axis Mutual Fund – ₹3.5 lakh crore

Tata Mutual Fund – ₹2.2 lakh crore

DSP Mutual Fund – ₹2.2 lakh crore

These AMCs collectively manage a large share of India's mutual fund industry and offer equity, debt, hybrid, index, ETF, and international fund products. The industry has grown rapidly, with total mutual fund AUM exceeding ₹75 lakh crore in recent years