India’s Leading BFSI & FinTech Companies 2024

[ LIST OF LEADING ASSET MANAGEMENT COMPANIES ] India’s Leading BFSI and FinTech Companies 2024 55 Asset Management Companies Sr No DUNS No Company Name FY23 Total Income ( ` Cr) Net Profit ( ` Cr) Net Profit Margin (%) Average AUM ( ` Cr) 1 86-217-1204 ICICI Prudential Asset Management Co. Ltd. 2,837.4 1,515.8 53.4 503,834.7 2 91-786-7236 HDFC Asset Management Co. Ltd. 2,482.6 1,423.9 57.4 438,469.3 3 65-065-6721 SBI Funds Management Ltd. 2,411.9 1,331.2 55.2 691,103.8 4 91-844-5529 Nippon Life India Asset Management Ltd. 1,431.2 714.9 50.0 289,672.0 5 91-514-6273 Aditya Birla Sun Life AMC Ltd. 1,331.6 590.9 44.4 280,961.9 6 91-853-9271 UTI Asset Management Co. Ltd. 1,101.0 424.4 38.6 234,408.2 7 85-904-1707 Axis Asset Management Co. Ltd. 1,024.6 429.5 41.9 246,557.7 8 86-225-5275 Kotak Mahindra Asset Management Co. Ltd. 890.9 431.1 48.4 287,035.3 9 86-286-3703 Motilal Oswal Asset Management Co. Ltd. 563.5 169.5 30.1 32,941.1 10 85-998-8043 IIFL Asset Management Ltd. 542.7 252.0 46.4 4,632.1 11 67-588-4149 Mirae Asset Invt. Managers (I) Pvt. Ltd. 446.5 212.0 47.5 112,083.7 12 91-906-6923 Tata Asset Management Pvt. Ltd. 385.1 111.4 28.9 93,182.4 13 67-611-9622 Bandhan AMC Ltd. 374.8 97.9 26.1 118,326.6 14 91-843-5277 Sundaram Asset Management Co. Ltd. 269.8 69.0 25.6 42,913.9 15 85-996-8191 HSBC Asset Management (India) Pvt. Ltd. 220.6 13.8 6.3 49,182.6 16 85-916-5440 Canara Robeco Asset Management Co. Ltd. 204.8 79.0 38.6 56,858.8 17 91-562-8609 Invesco Asset Management (India) Pvt. Ltd. 200.3 44.8 22.4 43,739.8 18 87-172-3773 PPFAS Asset Management Pvt. Ltd. 145.2 76.5 52.7 29,561.9 19 65-060-0328 Baroda BNP Paribas Asset Mngt. (I) Pvt. Ltd. 105.8 (6.9) (6.5) 23,260.6 20 87-215-1617 NJ Asset Management Pvt. Ltd. 83.9 14.5 17.3 4,752.5 21 86-336-0755 Union Asset Management Co. Pvt. Ltd. 74.6 13.2 17.8 9,333.1 22 86-225-1126 LIC Mutual Fund Asset Management Ltd. 69.2 1.1 1.6 17,709.8 23 86-380-4483 PGIM India Asset Management Pvt. Ltd. 61.2 (29.1) (47.6) 19,772.8 24 67-733-5872 DSP Investment Managers Pvt. Ltd. 55.0 42.3 76.9 112,210.2 Dun & Bradstreet