Average Assets Under Management · Direct vs Regular plan · FY2026 · Values in Crores
| # | Fund | Q1 Direct% | Q2 Direct% | Q3 Direct% | Q4 Direct% | Change Q1→Q4 | Total AAUM (Q4) |
|---|---|---|---|---|---|---|---|
| 1 | Tata Nifty Midcap 150 Index Fund - Direct Plan - Growth Option Tata Mutual FundIndex/ETF |
19.27% | 34.69% | 61.89% | 76.39% | +57.1 pp | ₹223 Cr |
| 2 | Kotak Nifty Commodities Index Fund-Direct Growth Kotak Mutual FundIndex/ETF |
60.35% | 94.65% | 98.13% | 97.61% | +37.3 pp | ₹251 Cr |
| 3 | Helios Mid Cap Fund - Direct Plan - Growth Option Helios Mutual FundMid Cap |
17.76% | 27.58% | 37.82% | 54.30% | +36.5 pp | ₹1.2 K Cr |
| 4 | Edelweiss Nifty500 Multicap Momentum Quality 50 Index Fund - Direct - Growth Edelweiss Mutual FundIndex/ETF |
49.64% | 63.07% | 70.06% | 75.34% | +25.7 pp | ₹502 Cr |
| 5 | ICICI Prudential Rural Opportunities Fund - Direct Plan - Growth ICICI Prudential Mutual FundEquity |
7.14% | 21.95% | 25.79% | 27.74% | +20.6 pp | ₹2.2 K Cr |
| 6 | Axis Nifty500 Momentum 50 Index Fund - Direct Plan - Growth Option Axis Mutual FundIndex/ETF |
46.22% | 54.98% | 62.22% | 66.09% | +19.9 pp | ₹124 Cr |
| 7 | ICICI Prudential Quality Fund - Direct Plan - Growth ICICI Prudential Mutual FundEquity |
6.48% | 17.05% | 23.37% | 26.01% | +19.5 pp | ₹2.2 K Cr |
| 8 | Axis Nifty 500 Index Fund - Direct Plan - Growth Option Axis Mutual FundIndex/ETF |
44.73% | 52.52% | 58.97% | 63.44% | +18.7 pp | ₹300 Cr |
| 9 | Canara Robeco Mid Cap Fund- Direct Plan- Growth Option Canara Robeco Mutual FundMid Cap |
8.94% | 11.48% | 21.62% | 26.14% | +17.2 pp | ₹4.1 K Cr |
| 10 | Invesco India - Invesco Pan European Equity Fund of Fund - Direct Plan - Growth Option Invesco Mutual FundMulti Cap |
45.71% | 46.47% | 53.23% | 59.49% | +13.8 pp | ₹158 Cr |
| 11 | Axis Nifty500 Value 50 Index Fund - Direct Plan - Growth Option Axis Mutual FundIndex/ETF |
49.90% | 52.42% | 57.09% | 63.43% | +13.5 pp | ₹134 Cr |
| 12 | SBI Nifty Bank Index Fund-Direct Plan- Growth SBI Mutual FundIndex/ETF |
18.25% | 21.19% | 25.07% | 29.94% | +11.7 pp | ₹140 Cr |
| 13 | HDFC Technology Fund - Growth Option - Direct Plan HDFC Mutual FundEquity |
21.10% | 23.22% | 29.28% | 31.22% | +10.1 pp | ₹1.5 K Cr |
| 14 | Kotak Transportation & Logistics Fund-Direct Growth Kotak Mutual FundEquity |
16.48% | 20.58% | 26.35% | 26.53% | +10.1 pp | ₹533 Cr |
| 15 | Invesco India Midcap Fund - Direct Plan - Growth Option Invesco Mutual FundMid Cap |
20.89% | 24.75% | 28.01% | 30.86% | +10 pp | ₹10.3 K Cr |
| 16 | ICICI Prudential Nifty50 Equal Weight Index Fund- Direct Plan - Growth ICICI Prudential Mutual FundIndex/ETF |
62.77% | 64.80% | 67.76% | 72.41% | +9.6 pp | ₹205 Cr |
| 17 | SBI COMMA Fund - DIRECT PLAN - Growth SBI Mutual FundEquity |
16.87% | 18.02% | 23.18% | 26.38% | +9.5 pp | ₹780 Cr |
| 18 | Kotak Energy Opportunities Fund-Direct-Growth Kotak Mutual FundEquity |
6.74% | 7.26% | 9.19% | 16.08% | +9.3 pp | ₹264 Cr |
| 19 | Invesco India Business Cycle Fund - Direct Plan - Growth Invesco Mutual FundEquity |
6.72% | 16.41% | 15.25% | 15.54% | +8.8 pp | ₹915 Cr |
| 20 | Invesco India Smallcap Fund - Direct Plan - Growth Invesco Mutual FundSmall Cap |
20.23% | 22.79% | 25.40% | 28.36% | +8.1 pp | ₹9.3 K Cr |
| 21 | Union Multicap Fund - Direct Plan - Growth Option Union Mutual FundMulti Cap |
2.00% | 3.12% | 10.44% | 10.12% | +8.1 pp | ₹1.3 K Cr |
| 22 | Nippon India Active Momentum Fund-Direct Plan - Growth Option Nippon India Mutual FundEquity |
25.84% | 30.46% | 31.88% | 33.91% | +8.1 pp | ₹343 Cr |
| 23 | Helios Flexi Cap Fund - Direct Plan - Growth Option Helios Mutual FundFlexi Cap |
49.81% | 53.16% | 56.38% | 57.69% | +7.9 pp | ₹6.0 K Cr |
| 24 | ICICI PRUDENTIAL ENERGY OPPORTUNITIES FUND - Direct Plan - Growth ICICI Prudential Mutual FundEquity |
27.73% | 29.99% | 33.10% | 35.30% | +7.6 pp | ₹9.6 K Cr |
| 25 | UTI Equity Savings Fund - Direct Plan - Growth Option UTI Mutual FundEquity |
25.07% | 26.52% | 31.11% | 32.57% | +7.5 pp | ₹809 Cr |
RightAdvise tracks quarterly AAUM data for all active mutual fund schemes in India — showing the split between Direct and Regular plans across fund houses, categories and individual funds. Data sourced from official AMFI quarterly disclosures. Updated every quarter.
AAUM — Average Assets Under Management — is the quarterly average of a fund's total AUM. It is the official metric AMFI uses to rank fund houses and calculate expense ratio slabs. A rising AAUM indicates investor confidence; a falling AAUM may signal outflows or poor performance.
The Direct percentage shows what proportion of a fund's AUM is held by investors who bypassed distributors. A higher Direct share means lower average expense ratios for investors in that fund. Industry-wide, the Direct share has been rising steadily — a sign of increasing financial awareness among Indian investors.
AMFI publishes quarterly AAUM data within a few weeks of each quarter end — Q1 (Apr–Jun), Q2 (Jul–Sep), Q3 (Oct–Dec) and Q4 (Jan–Mar). RightAdvise updates this page as soon as AMFI releases the data.