Average assets under management
(AAUM) of the mutual fund (MF) industry increased by 5.13% (by Rs82610.36
crore) to an all-time high of Rs16.93 lakh crore during the quarter ended
December 2016andRs3.52 lakh crore more than the quarter ended December 2015,
mainly on the back of increased interest from retail investors and aggressive
buying of stocks. The total AUM of all active fund houses put together soared
by Rs 3.52 lakh crore, or over 26.3%, to a record Rs 16.93 lakh crore at the
end of December 2016 from Rs 13.41 lakh crore in December-end 2015.
Demonetisation led fund flow in banking system is leading to surge in
investments within capital markets, especially MF and debt instruments.
On quarterly basis, of the 41 mutual
funds, 28 fund houses registered rise in AAUM, while the rest resulted in fall
during the December quarter. There were 05 mutual funds whose AAUM fell by over
10%. In the quarter ended December 2016 there were 20 fund houses which
witnessed a rise in their average quarterly AUM upto10%, while 08 AMCs saw a
rise in the AUM in the range of 12%-203%.
Edelweiss posted the highest rise
among the fund houses which witnessed rise in AAUM, from Rs2255.63 crore to
Rs6826.25 crore. It was followed by Mahindra which posted 53% rise.
The top five fund houses — HDFC,
Reliance, ICICI Prudential, Birla Sun Life and SBI (UTI AAUM sifted to sixth
position from top five) gained an aggregate of Rs9.67 lakh crore in their AAUM
over the last quarter. Among the top 5 players, SBI was the highest gainer as
its AAUM increased by 7.18% or by Rs9442.51 crore to Rs 1.41 lakh crore over
that in quarter ended September 2016. ICICI Prudential clocked the top position
shifting HDFC down to second position in terms of AAUM. ICICI Prudential AAUM
increased by 5.56% to Rs2.28 lakh crore. HDFC AAUM increased by 4.10% to Rs
2.22 lakh crore. UTI Mutual Fund gained 1.61% or Rs by 2056.17crore during the
quarter and its AAUM stood at Rs 1.29 lakh crore. Birla Sun Life MF
increased7.06%, to Rs 1.81 lakh crore. Reliance MF AAUM increased by 6.94% at
Rs 1.96 lakh crore.
In terms of absolute asset growth in
October-December 2016 over July-September 2016, Reliance MF leads the pack with
rise by Rs12716.58 crore rise followed by ICICI Prudential MF with Rs12002.94
crore and Birla Sun Life MF is third with rise by Rs11927.52 crore assets added
in this period.
Equity & Debt Investments by
Mutual Funds
Domestic mutual funds turned out to
be net buyers in equity in December 2016. Mutual Funds were net buyers in
equities worth Rs9178.9crore, as against net buying of Rs13610.4crore in
November 2016. In December mutual funds were net buyers in equity in 17 trading
sessions and net sellers in 05 sessions. Net buying in equity was recorded
highest at Rs1618.2crore on 23 December 2016 while net selling recorded at
Rs844.6crore on 13 December 2016.
Mutual Funds were net buyers in debt
to the tune of Rs23396crore in December2016. Out of the 22 trading sessions in
November mutual funds were net buyers in debt in 15 trading sessions, while net
sellers in remaining 07 sessions. Net buying in debt was recorded highest at
Rs5782.2crore on 02 December 2016 while net selling recorded high at
Rs1174.5crore on 08 December.
|
Average Assets under Management (AAUM) for the quarter of
October-December 2016 (Rs in crore)
|
||||
|
Mutual Fund Name
|
AUM (Rs CR) December 2016^
|
AUM (Rs CR) September 2016^
|
Change (Rs CR)
|
VAR (%)
|
|
Axis Mutual Fund
|
49280.55
|
47179.23
|
2101.32
|
4.5
|
|
Baroda Pioneer Mutual Fund
|
10785.23
|
11702.62
|
-917.39
|
-7.8
|
|
Birla Sun Life Mutual Fund
|
180808.33
|
168880.81
|
11927.52
|
7.1
|
|
BNP Paribas Mutual Fund
|
6032.29
|
6068.72
|
-36.43
|
-0.6
|
|
BOI AXA Mutual Fund
|
2896.01
|
3635.89
|
-739.89
|
-20.3
|
|
Canara Robeco Mutual Fund
|
9411.05
|
9319.82
|
91.23
|
1.0
|
|
DHFL Pramerica Mutual Fund
|
24807.27
|
24472.92
|
334.35
|
1.4
|
|
DSP BlackRock Mutual Fund
|
58357.12
|
49851.54
|
8505.58
|
17.1
|
|
Edelweiss Mutual Fund
|
6826.25
|
2255.63
|
4570.63
|
202.6
|
|
Escorts Mutual Fund
|
286.49
|
294.90
|
-8.41
|
-2.9
|
|
Franklin Templeton Mutual Fund
|
75782.68
|
73666.13
|
2116.55
|
2.9
|
|
Goldman Sachs Mutual Fund
|
|
7098.66
|
|
-
|
|
HDFC Mutual Fund
|
221824.51
|
213086.14
|
8738.37
|
4.1
|
|
HSBC Mutual Fund
|
8670.06
|
8502.74
|
167.33
|
2.0
|
|
ICICI Prudential Mutual Fund
|
227988.79
|
215985.85
|
12002.94
|
5.6
|
|
IDBI Mutual Fund
|
7761.28
|
8128.36
|
-367.08
|
-4.5
|
|
IDFC Mutual Fund
|
57997.66
|
56656.26
|
1341.40
|
2.4
|
|
IIFCL Mutual Fund (IDF)
|
398.93
|
388.37
|
10.56
|
2.7
|
|
IIFL Mutual Fund
|
423.54
|
370.36
|
53.18
|
14.4
|
|
IL&FS Mutual Fund (IDF)
|
994.58
|
970.15
|
24.44
|
2.5
|
|
Indiabulls Mutual Fund
|
10226.52
|
6731.29
|
3495.23
|
51.9
|
|
Invesco Mutual Fund
|
23616.86
|
22560.37
|
1056.48
|
4.7
|
|
JM Financial Mutual Fund
|
13521.89
|
13612.13
|
-90.25
|
-0.7
|
|
JPMorgan Mutual Fund
|
|
5064.81
|
|
-
|
|
Kotak Mahindra Mutual Fund
|
82135.06
|
70387.06
|
11748.01
|
16.7
|
|
L&T Mutual Fund
|
35191.01
|
32666.65
|
2524.36
|
7.7
|
|
LIC Mutual Fund
|
18022.04
|
16452.71
|
1569.33
|
9.5
|
|
Mahindra Mutual Fund
|
1456.60
|
949.88
|
506.72
|
53.3
|
|
Mirae Asset Mutual Fund
|
6343.30
|
5235.45
|
1107.85
|
21.2
|
|
MotilalOswal Mutual Fund
|
7131.21
|
6392.95
|
738.26
|
11.5
|
|
Peerless Mutual Fund
|
945.72
|
970.88
|
-25.15
|
-2.6
|
|
PPFAS Mutual Fund
|
675.61
|
667.67
|
7.93
|
1.2
|
|
PRINCIPAL Mutual Fund
|
4867.67
|
5136.17
|
-268.50
|
-5.2
|
|
Quantum Mutual Fund
|
857.85
|
805.66
|
52.20
|
6.5
|
|
Reliance Mutual Fund
|
195845.43
|
183128.86
|
12716.58
|
6.9
|
|
Sahara Mutual Fund
|
66.94
|
79.51
|
-12.57
|
-15.8
|
|
SBI Mutual Fund
|
140996.93
|
131554.42
|
9442.51
|
7.2
|
|
Shriram Mutual Fund
|
37.66
|
43.15
|
-5.49
|
-12.7
|
|
Sundaram Mutual Fund
|
27013.00
|
26699.88
|
313.11
|
1.2
|
|
Tata Mutual Fund
|
38270.76
|
39691.09
|
-1420.34
|
-3.6
|
|
Taurus Mutual Fund
|
2339.44
|
2663.42
|
-323.98
|
-12.2
|
|
Union Mutual Fund
|
3055.69
|
3386.50
|
-330.81
|
-9.8
|
|
UTI Mutual Fund
|
129389.38
|
127333.21
|
2056.17
|
1.6
|
|
Grand Total
|
1693339.17
|
1610728.80
|
82610.36
|
5.1
|
|
* AUM pertains to 41 Mutual funds
|
||||
|
^ Data for Mutual Funds is as at
the end of the respective quarter
|
||||
|
JPMorgan MF have been transferred to, and form part of the
Edelweiss Mutual Fund
|
||||
|
Goldman Sachs MF have been transferred to, and form part of the
Reliance Mutual Fund
|
||||
|
Transactions
by mutual funds in December 2016
| ||||||
|
|
Equity
(Rs in crore)
|
Debt
(Rs in crore)
|
||||
|
Transaction
Date
|
Gross
Purchases
|
Gross Sales
|
Net
Purchases / Sales
|
Gross
Purchases
|
Gross Sales
|
Net
Purchases/ Sales
|
|
1-Dec-16
|
1412.3
|
1091.9
|
320.4
|
11674.5
|
6202.1
|
5472.4
|
|
2-Dec-16
|
1124.7
|
1371
|
-246.3
|
12315.8
|
6533.7
|
5782.2
|
|
5-Dec-16
|
961.7
|
862.9
|
98.9
|
6784.4
|
3034
|
3750.4
|
|
6-Dec-16
|
779.5
|
937.2
|
-157.7
|
6036.2
|
4353.7
|
1682.4
|
|
7-Dec-16
|
1208.4
|
1187.1
|
21.3
|
6083.8
|
4520.1
|
1563.6
|
|
8-Dec-16
|
1058.3
|
976.3
|
82.1
|
3758.9
|
4933.4
|
-1174.5
|
|
9-Dec-16
|
1124.8
|
787.5
|
337.3
|
3679.2
|
3657.2
|
22
|
|
12-Dec-16
|
672.8
|
894.4
|
-221.6
|
8.8
|
36.9
|
-28.1
|
|
13-Dec-16
|
1065
|
1909.6
|
-844.6
|
7246.8
|
5527.8
|
1719
|
|
14-Dec-16
|
1334.9
|
993.3
|
341.6
|
5034.4
|
5103.9
|
-69.6
|
|
15-Dec-16
|
1537.4
|
1599.1
|
-61.6
|
6008.7
|
5414.7
|
594
|
|
16-Dec-16
|
1805.7
|
1515.8
|
289.9
|
4978.5
|
5076.9
|
-98.4
|
|
19-Dec-16
|
1549.4
|
763.8
|
785.6
|
4458.5
|
3823.8
|
634.7
|
|
20-Dec-16
|
1426.4
|
883.9
|
542.4
|
5869
|
6512.9
|
-643.9
|
|
21-Dec-16
|
1731.1
|
646.2
|
1084.9
|
3996.6
|
4247.7
|
-251.2
|
|
22-Dec-16
|
1347.9
|
1011.5
|
336.4
|
4141.7
|
4055
|
86.8
|
|
23-Dec-16
|
2142.9
|
524.7
|
1618.2
|
9157.7
|
7694.8
|
1462.8
|
|
26-Dec-16
|
1401.8
|
605.2
|
796.5
|
6385.4
|
4525.5
|
1859.9
|
|
27-Dec-16
|
2023
|
599.7
|
1423.2
|
3540.1
|
3913.1
|
-373
|
|
28-Dec-16
|
1541.4
|
696.3
|
845.1
|
3729.3
|
3529.4
|
199.9
|
|
29-Dec-16
|
2425.5
|
1580.8
|
844.7
|
5759.4
|
4576.9
|
1182.5
|
|
30-Dec-16
|
2161.2
|
1219
|
942.2
|
5838.4
|
5816.3
|
22.1
|
|
Total for December
|
31836.1
|
22657.2
|
9178.9
|
126486.1
|
103089.8
|
23396
|