India’s Leading BFSI Companies 2020
India’s Leading BFSI Companies 2020 83 AAUM Listing India’s Leading BFSI Companies 2020 Sr No Company Name *AAUM ( ` mn) 1 HDFC Asset Management Company Limited 3,422,910.0 2 ICICI Prudential Asset Management Company Limited 3,207,930.0 3 SBI Funds Management Private Limited 2,838,070.0 4 Aditya Birla Sun Life AMC Limited 2,464,800.0 5 Nippon Life India Asset Management Limited 2,336,170.0 6 UTI Asset Management Company Limited 1,596,940.0 7 Kotak Mahindra Asset Management Company Limited 1,500,990.0 8 Axis Asset Management Company Limited 897,200.0 9 DSP Investment Managers Private Limited 783,630.0 10 L&T Investment Management Limited 709,440.0 11 IDFC Asset Management Company Limited 693,520.0 12 Tata Asset Management Limited 541,940.0 13 Sundaram Asset Management Company Limited 304,970.0 14 Mirae Asset Global Investments (India) Private Limited 241,910.0 15 Motilal Oswal Asset Management Company Limited 190,910.0 16 LIC Mutual Fund Asset Management Limited 152,400.0 17 Canara Robeco Asset Management Company Limited 145,840.0 18 Edelweiss Asset Management Limited 116,650.0 19 Baroda Asset Management India Limited 113,200.0 20 HSBC Asset Management (India) Private Limited 110,540.0 21 IDBI Asset Management Limited 92,660.0 22 JM Financial Asset Management Limited 87,120.0 23 PGIM India Asset Management Private Limited 76,270.0 24 BNP Paribas Asset Management India Private Limited 72,090.0 25 Principal Asset Management Private Limited 70,910.0 26 Indiabulls Asset Management Company Limited 48,080.0 27 Union Asset Management Company Private Limited (formerly Union 42,590.0 28 BOI AXA Investment Managers Private Limited 36,270.0 29 IIFL Asset Management Limited 16,400.0 30 Quantum Asset Management Company Private Limited 13,600.0 Note *AAUM - Average Assets Under Management for the quarter ended March 2019 Source: Association of Mutual Funds in India (AMFI) Dun & Bradstreet
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