What is AAUM in mutual funds?

AAUM stands for Average Assets Under Management — the average of a fund's AUM over a quarter, published by AMFI. It is used to compare fund house sizes on a standardised basis.

What is the difference between Direct and Regular AAUM?

Direct AAUM covers investors who invested without a distributor. Regular AAUM includes assets where distributor commission is paid. A higher Direct percentage means lower expense ratios for those investors.

How often is AAUM data updated?

AMFI publishes quarterly AAUM data within weeks of each quarter end. RightAdvise updates this data as soon as AMFI releases it, covering Q1 to Q4 of the financial year.

Home › AAUM Analytics

Mutual Fund AAUM Analytics

Average Assets Under Management · Direct vs Regular plan · FY2026 · Values in Crores

📊 Overview 💰 Fund Wise 🏢 AMC Wise 📁 Category Wise ⚡ ETF Rankings 📈 AAUM Growth 🔄 Direct Trend

Quarter › Q1 · Apr-Jun 2025 Q2 · Jul-Sep 2025 Q3 · Oct-Dec 2025 Q4 · Jan-Mar 2026

AMC Wise AAUM — Jan-Mar 2026

40 AMCs · All fund types · Sorted by Total AAUM

#	AMC	Funds	Total AAUM	Direct AAUM	Regular AAUM	Direct vs Regular	Direct %
1	SBI Mutual Fund	65	₹8.88 L Cr	₹4.65 L Cr	₹4.23 L Cr	52%48%	52.3%
2	ICICI Prudential Mutual Fund	77	₹5.32 L Cr	₹2.16 L Cr	₹2.97 L Cr	41%59%	40.6%
3	Nippon India Mutual Fund	55	₹4.50 L Cr	₹2.12 L Cr	₹2.38 L Cr	47%53%	47.1%
4	HDFC Mutual Fund	31	₹4.43 L Cr	₹1.35 L Cr	₹3.07 L Cr	31%69%	30.6%
5	Kotak Mutual Fund	70	₹3.28 L Cr	₹80.7 K Cr	₹2.04 L Cr	25%75%	24.6%
6	UTI Mutual Fund	42	₹2.61 L Cr	₹1.70 L Cr	₹90.8 K Cr	65%35%	65.3%
7	Axis Mutual Fund	41	₹1.99 L Cr	₹64.8 K Cr	₹1.35 L Cr	33%67%	32.5%
8	Aditya Birla Sun Life Mutual Fund	48	₹1.88 L Cr	₹38.2 K Cr	₹1.31 L Cr	20%80%	20.4%
9	Parag Parikh Mutual Fund	5	₹1.45 L Cr	₹97.0 K Cr	₹48.4 K Cr	67%33%	66.7%
10	Mirae Asset Mutual Fund	15	₹1.44 L Cr	₹56.2 K Cr	₹88.2 K Cr	39%61%	38.9%
11	DSP Mutual Fund	50	₹1.39 L Cr	₹34.9 K Cr	₹1.04 L Cr	25%75%	25.1%
12	Tata Mutual Fund	39	₹1.11 L Cr	₹24.8 K Cr	₹71.1 K Cr	22%78%	22.3%
13	Canara Robeco Mutual Fund	13	₹99.5 K Cr	₹24.4 K Cr	₹75.1 K Cr	25%75%	24.6%
14	Motilal Oswal Mutual Fund	58	₹98.5 K Cr	₹50.2 K Cr	₹48.3 K Cr	51%49%	51.0%
15	Franklin Templeton Mutual Fund	18	₹97.6 K Cr	₹16.4 K Cr	₹81.2 K Cr	17%83%	16.8%
16	Quant Mutual Fund	20	₹82.9 K Cr	₹49.4 K Cr	₹33.4 K Cr	60%40%	59.6%
17	Bandhan Mutual Fund	31	₹82.3 K Cr	₹19.8 K Cr	₹62.5 K Cr	24%76%	24.1%
18	HSBC Mutual Fund	19	₹73.6 K Cr	₹12.8 K Cr	₹60.7 K Cr	17%83%	17.4%
19	Invesco Mutual Fund	13	₹63.0 K Cr	₹10.4 K Cr	₹32.3 K Cr	17%83%	16.5%
20	Edelweiss Mutual Fund	32	₹58.1 K Cr	₹13.7 K Cr	₹44.3 K Cr	24%76%	23.6%
21	Sundaram Mutual Fund	26	₹50.9 K Cr	₹5.1 K Cr	₹45.8 K Cr	10%90%	10.0%
22	WhiteOak Capital Mutual Fund	16	₹34.2 K Cr	-	-	0%100%	%
23	Mahindra Manulife Mutual Fund	17	₹29.9 K Cr	₹3.2 K Cr	₹26.7 K Cr	11%89%	10.7%
24	Baroda BNP Paribas Mutual Fund	26	₹28.6 K Cr	₹2.0 K Cr	₹26.6 K Cr	7%93%	7.2%
25	Bank of India Mutual Fund	15	₹26.7 K Cr	-	-	0%100%	%
26	PGIM India Mutual Fund	11	₹21.8 K Cr	₹6.4 K Cr	₹15.4 K Cr	30%70%	29.5%
27	Bajaj Finserv Mutual Fund	15	₹17.7 K Cr	₹2.4 K Cr	₹15.2 K Cr	14%86%	13.7%
28	Lic Mutual Fund	25	₹17.4 K Cr	₹5.5 K Cr	₹11.9 K Cr	31%69%	31.4%
29	Union Mutual Fund	16	₹14.9 K Cr	₹747 Cr	₹14.2 K Cr	5%95%	5.0%
30	ITI Mutual Fund	14	₹10.3 K Cr	₹2.0 K Cr	₹8.3 K Cr	20%80%	19.6%
31	360 ONE Mutual Fund	4	₹9.7 K Cr	₹5.3 K Cr	₹4.4 K Cr	54%46%	54.3%
32	Helios Mutual Fund	6	₹9.1 K Cr	₹4.4 K Cr	₹4.6 K Cr	49%51%	48.9%
33	JM Financial Mutual Fund	8	₹8.8 K Cr	₹3.0 K Cr	₹5.9 K Cr	33%67%	33.4%
34	Navi Mutual Fund	13	₹6.5 K Cr	-	-	0%100%	%
35	JioBlackRock Mutual Fund	6	₹3.5 K Cr	₹3.5 K Cr	-	100%0%	100.0%
36	Abakkus Mutual Fund	2	₹3.0 K Cr	₹450 Cr	₹2.5 K Cr	15%85%	15.2%
37	Trust Mutual Fund	3	₹2.8 K Cr	₹1.2 K Cr	₹1.6 K Cr	43%57%	43.2%
38	Groww Mutual Fund	31	₹2.7 K Cr	₹1.7 K Cr	₹961 Cr	64%36%	64.3%
39	Zerodha Mutual Fund	7	₹1.9 K Cr	₹1.9 K Cr	-	100%0%	100.0%
40	Capitalmind Mutual Fund	1	₹354 Cr	₹314 Cr	₹40 Cr	89%11%	88.7%

* AMC AAUM = sum of all fund AAUM including ETFs and Index funds · Values in Crores

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.

What Is AAUM and Why Does It Matter?

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.

What Does the Direct vs Regular Split Tell You?

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.

How Often Is This Data Updated?

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.

✕ Share on X f Share WhatsApp