Mutual Fund AUM Ranking
Top Mutual Fund Houses in India – May 2025 Ranking with AUM Growth
If you’re an investor tracking the mutual fund landscape in India, understanding the top-performing Asset Management Companies (AMCs) is crucial. As of May 2025, the latest rankings based on Assets Under Management (AUM) reveal exciting shifts, impressive growth rates, and emerging players in the mutual fund ecosystem. Here’s a comprehensive look at the Top Mutual Fund Houses in India and their performance compared to May 2024.
🏆 Top 10 Mutual Fund Houses in India (May 2025)
| Rank | Mutual Fund House | AUM (May 2025) | % Growth YoY |
|---|---|---|---|
| 1 | SBI Mutual Fund | ₹11.52 lakh Cr | 17% |
| 2 | ICICI Prudential MF | ₹9.95 lakh Cr | 27% |
| 3 | HDFC Mutual Fund | ₹8.44 lakh Cr | 24% |
| 4 | Nippon Life India | ₹6.26 lakh Cr | 27% |
| 5 | Kotak Mahindra MF | ₹5.32 lakh Cr | 26% |
| 6 | Aditya Birla Sun Life | ₹4.00 lakh Cr | 13% |
| 7 | UTI Mutual Fund | ₹3.63 lakh Cr | 16% |
| 8 | Axis Mutual Fund | ₹3.35 lakh Cr | 14% |
| 9 | Mirae Asset MF | ₹2.08 lakh Cr | 19% |
| 10 | DSP Mutual Fund | ₹2.00 lakh Cr | 26% |
These AMCs have maintained their rankings since May 2024, reflecting consistent investor trust and asset growth.
📈 Biggest Gainers in % Growth (YoY)
The highest AUM growth belongs to Invesco AMC, recording an impressive 40% increase, moving up two ranks from #17 to #15.
Other notable performers:
ICICI Prudential MF and Nippon Life India (27% growth each)
Kotak Mahindra MF and DSP MF (26% growth each)
Bandhan Mutual Funds (22% growth)
🔼 Notable Rank Climbers
Tata AMC jumped from #12 to #11
Bandhan Mutual Funds rose from #13 to #12
Invesco AMC saw the most dramatic improvement, climbing from #17 to #15
🔽 Rank Drop
Edelweiss AMC dropped from #11 to #13, despite a modest 10% AUM increase, suggesting others grew faster.
💡 Insights for Investors
Public Sector Dominance: SBI MF continues to lead by a significant margin, with over ₹11.5 lakh crore in AUM.
Private Sector Momentum: ICICI and HDFC MF remain strong contenders, growing consistently above 24%.
Mid-Tier Movers: Mid-tier players like Mirae, DSP, and Tata AMC are seeing solid growth, making them interesting options for investors seeking diversified portfolios.
Emerging Players: Invesco and Bandhan are quietly gaining ground with robust year-on-year growth, signaling increasing investor confidence.
📊 Why AUM Growth Matters
Assets Under Management (AUM) indicate the total market value of assets that an AMC manages on behalf of investors. Rapid AUM growth can signify:
Strong investor inflows
Market performance
Expanding distribution reach
Better fund performance and trust
📝 Final Thoughts
India’s mutual fund industry continues to grow rapidly, fueled by increasing retail participation, rising financial literacy, and expanding digital reach. Whether you’re a seasoned investor or just starting out, tracking these rankings helps align your investments with market trends and fund house performance.
🔔 Stay tuned for monthly updates on mutual fund rankings, performance analytics.
AMCs: 360 ONE | Aditya Birla Sun Life | Angel One | Axis | Bajaj Finserv | Bandhan | Bank of India | Baroda BNP Paribas | Canara Robeco | DSP | Edelweiss | Franklin Templeton | Groww | HDFC | Helios | HSBC | ICICI Prudential | Invesco | ITI | JM Financial | Kotak Mahindra | LIC | Mahindra Manulife | Mirae Asset | Motilal Oswal | Navi | Nippon India | NJ | Old Bridge | PGIM India | PPFAS | Quant | Quantum | Samco | SBI | Shriram | Sundaram | Tata | Taurus | TRUST | Unifi | Union | UTI | WhiteOak Capital | Zerodha