55 asset management companies run the 2,105 funds listed here, ₹86.64 lakh cr in all.
| SBI SBI Funds Management Limited | ₹13.09 lakh cr | 15.1% | 105 |
| ICICI Prudential ICICI Prudential Asset Management Company Limited | ₹11.45 lakh cr | 13.2% | 149 |
| HDFC HDFC Asset Management Company Limited | ₹9.63 lakh cr | 11.1% | 109 |
| Nippon India Nippon Life India Asset Management Limited | ₹7.68 lakh cr | 8.9% | 102 |
| Kotak Mahindra Kotak Mahindra Asset Management Company Limited | ₹6.08 lakh cr | 7.0% | 118 |
| Aditya Birla Sun Life Aditya Birla Sun Life AMC Limited | ₹4.26 lakh cr | 4.9% | 104 |
| UTI UTI Asset Mgmt. Co. Ltd | ₹4.04 lakh cr | 4.7% | 83 |
| Axis Axis Asset Management Co. Ltd | ₹3.77 lakh cr | 4.4% | 88 |
| DSP DSP Asset Managers Private Limited | ₹2.51 lakh cr | 2.9% | 89 |
| Mirae Asset Mirae Asset Investment Managers (India) Pvt. Ltd | ₹2.37 lakh cr | 2.7% | 99 |
| Tata Tata Asset Management Limited | ₹2.35 lakh cr | 2.7% | 66 |
| Edelweiss Edelweiss Asset Management Limited | ₹1.99 lakh cr | 2.3% | 76 |
| Bandhan Bandhan AMC Limited | ₹1.95 lakh cr | 2.2% | 76 |
| Invesco Invesco Asset Management (India) Private Limited | ₹1.7 lakh cr | 2.0% | 50 |
| PPFAS PPFAS Asset Management Pvt. Ltd | ₹1.68 lakh cr | 1.9% | 7 |
| Motilal Oswal Motilal Oswal Asset Management Company Limited | ₹1.64 lakh cr | 1.9% | 85 |
| HSBC HSBC Asset Management (India) Private Ltd | ₹1.57 lakh cr | 1.8% | 45 |
| Franklin Templeton Franklin Templeton Asset Management (India) Private Limited | ₹1.28 lakh cr | 1.5% | 38 |
| Canara Robeco Canara Robeco Asset Management Company Limited | ₹1.19 lakh cr | 1.4% | 27 |
| quant quant Money Managers Limited | ₹1.01 lakh cr | 1.2% | 34 |
| Sundaram Sundaram Asset Management Company Ltd | ₹76,533 cr | 0.9% | 34 |
| Baroda BNP Paribas Baroda BNP Paribas Asset Management India Private Limited | ₹55,268 cr | 0.6% | 47 |
| WhiteOak Capital WhiteOak Capital Asset Management Limited | ₹48,269 cr | 0.6% | 23 |
| LIC LIC Mutual Fund Asset Management Limited | ₹48,087 cr | 0.6% | 42 |
| Bajaj Finserv Bajaj Finserv Asset Management Limited | ₹38,549 cr | 0.4% | 25 |
| Mahindra Manulife Mahindra Manulife Investment Management Pvt Ltd | ₹37,455 cr | 0.4% | 27 |
| Union Union Asset Management Company Private Limited | ₹28,753 cr | 0.3% | 32 |
| PGIM India PGIM India Asset Management Private Limited | ₹27,161 cr | 0.3% | 25 |
| Jio BlackRock Jio BlackRock Asset Management Private Limited | ₹23,710 cr | 0.3% | 17 |
| Bank of India Bank of India Investment Managers Private Limited | ₹19,718 cr | 0.2% | 23 |
| Zerodha Zerodha Asset Management Private Limited | ₹16,322 cr | 0.2% | 9 |
| Helios Helios Capital Asset Management (India) Pvt. Ltd | ₹15,992 cr | 0.2% | 8 |
| Abakkus Abakkus Investment Managers Private Limited | ₹12,892 cr | 0.1% | 4 |
| ITI ITI Asset Management Limited | ₹12,422 cr | 0.1% | 21 |
| 360 ONE 360 ONE Asset Management Limited | ₹12,403 cr | 0.1% | 12 |
| JM Financial JM Financial Asset Management Limited | ₹12,239 cr | 0.1% | 17 |
| Navi Navi AMC Limited | ₹9,749 cr | 0.1% | 18 |
| Trust Trust Asset Management Private Limited | ₹9,139 cr | 0.1% | 11 |
| Groww Groww Asset Management Limited | ₹8,235 cr | 0.1% | 62 |
| NJ NJ Asset Management Private Limited | ₹7,451 cr | 0.1% | 7 |
| Old Bridge Old Bridge Asset Management Private Limited | ₹5,205 cr | 0.1% | 3 |
| Quantum Quantum Asset Management Company Private Limited | ₹4,032 cr | 0.0% | 15 |
| Samco Samco Asset Management Private Limited | ₹2,526 cr | 0.0% | 13 |
| The Wealth Company Wealth Company Asset Management Holdings Private Limited | ₹1,946 cr | 0.0% | 12 |
| Unifi Unifi Asset Management Private Limited | ₹1,819 cr | 0.0% | 3 |
| Shriram Shriram Asset Management Co. Ltd | ₹1,331 cr | 0.0% | 11 |
| Taurus Taurus Asset Management Company Limited | ₹1,112 cr | 0.0% | 8 |
| Choice Choice AMC Private Limited | ₹669 cr | 0.0% | 4 |
| Capitalmind Capitalmind Asset Management Private Limited | ₹646 cr | 0.0% | 4 |
| Angel One Angel One Asset Management Company Limited | ₹556 cr | 0.0% | 11 |
| ASK ASK Asset Management Private Limited | ₹399 cr | 0.0% | 1 |
| AlphaGrep AlphaGrep Investment Management Private Limited | ₹250 cr | 0.0% | 3 |
| Monarch Monarch Networth Asset Management Private Limited | ₹100 cr | 0.0% | 1 |
| Lakshya Lakshya Asset Management Private Limited | ₹28 cr | 0.0% | 1 |
| Carnelian Carnelian Investment Managers Private Limited | — | — | 1 |
Answered from the figures above, updated every business day
55 asset management companies run open-ended funds as of 3 Nov 2026, managing about ₹86.64 lakh cr between them.
SBI Mutual Fund, with ₹13.09 lakh cr (15.1% of the total), followed by ICICI Prudential Mutual Fund (₹11.45 lakh cr) and HDFC Mutual Fund (₹9.63 lakh cr).
ICICI Prudential Mutual Fund, with 149 open-ended funds, then Kotak Mahindra Mutual Fund (118) and HDFC Mutual Fund (109).
55.3% of it: SBI, ICICI Prudential, HDFC, Nippon India and Kotak Mahindra. The other 50 share the rest.