India’s Leading BFSI Companies 2020

XL Overview The strength of an economy can be gauged from the performance of a good financial market, which helps to channelize the savings of the people into diverse investment opportunities. In India, the mutual funds are playing a major role by bringing stability to the financial markets and through efficient resource mobilization from various sectors. In the last two decades, the mutual fund industry is growing in a notable way by an increase in number of folios and Asset under Management (AUM). As compared to the previous year, the AUM of the mutual funds have witnessed a growth of 11.4% in fiscal 2019. Resource mobilization through mutual funds Asset Under Management (AUM) ( ` bn) 7,014 8,252 10,828 12,330 17,546 21,360 23,796 0 5,000 10,000 15,000 20,000 25,000 FY13 FY14 FY15 FY16 FY17 FY18 FY19 Themutual fund industrymaintained its growthmomentum during fiscal 2019 as well. The industry saw gross resources mobilization to the tune of ` 243.9 lakh crore during fiscal 2019 compared to ` 210.0 lakh crore during fiscal 2018. The AUM of mutual fund industry grew by 11.4% to ` 23.8 lakh crore at the end of March 2019 from ` 21.4 lakh crore at the end of March 2018. The net resources mobilized by all mutual funds in India were ` 1.1 lakh crore during fiscal 2019. Sector-wise resource mobilization Private sector mutual funds continued to retain their dominance in the mutual fund industry in fiscal 2019 as well, with a share of 80.6% in gross resource mobilization and 56.1% in net resource mobilization. The gross resource mobilization by the private sector mutual funds rose by 13.1% to ` 196.5 lakh crore in fiscal 2019, while that by public sector mutual funds rose by 31.1% to ` 47.4 lakh crore in fiscal 2019 as compared to the last year. The share of public sector mutual funds in gross resource mobilization increased to 19.4% during fiscal 2019 from 17.2% in the previous year. Similarly, the share of public sector mutual funds in net resource mobilization increased to 43.9% in fiscal 2019 from 15.9% in the previous year. Private sector MFs Public sector MFs ( ` cr) Open- ended Close- ended Interval Total Open- ended Close- ended Interval Total Grand total Mobilization of funds FY 18 1,73,28,249 51,896 2,043 1,73,82,189 35,94,129 22,067 266 36,16,463 2,09,98,652 FY 19 1,95,92,552 57,319 3,117 1,96,52,989 47,21,384 19,059 931 47,41,374 2,43,94,362 Repurchases / Redemption FY 18 1,70,95,484 55,597 2,636 1,71,53,718 35,56,776 16,275 86 35,73,137 2,07,26,855 FY 19 1,95,34,209 52,203 5,072 1,95,91,483 46,78,460 13,508 1,210 46,93,178 2,42,84,661 Net Inflow / Outflow of funds FY 18 2,32,765 -3,701 -593 2,28,471 37,353 5,792 181 43,326 2,71,797 FY 19 58,343 5,116 -1,955 61,505 42,924 5,551 -279 48,196 1,09,701 Mutual Funds Dun & Bradstreet