ICICI Prudential Mutual Fund is the Second Mutual Fund to Cross ₹10 Trillion AUM

ICICI Prudential Mutual Fund crossed ₹10 trillion in average assets under management (AAUM) during the September 2025 quarter, as per the news reports. It is now the 2nd asset manager in the country to reach this mark, after SBI Mutual Fund, which achieved it in June 2024.

ICICI Prudential Quarterly Performance

In the September quarter, ICICI Prudential’s AAUM stood at ₹10.1 trillion, recording a 7.5% rise compared with the previous quarter. Among the top 5 fund houses, it posted the highest quarter-on-quarter growth rate. SBI Mutual Fund retained the lead with ₹12 trillion in AAUM, growing 5.2% over the same period.

Position of Other Fund Houses

Data from the Association of Mutual Funds in India (AMFI) shows HDFC Mutual Fund with an AAUM of ₹8.8 trillion, up 6.4% quarter-on-quarter. Nippon India Mutual Fund recorded ₹6.6 trillion with a 7.1% increase, and Kotak Mahindra Mutual Fund stood at ₹5.6 trillion with a 7% rise. Aditya Birla Sun Life Mutual Fund reported ₹4.3 trillion, UTI Mutual Fund ₹3.8 trillion, and Axis Mutual Fund ₹3.5 trillion.

New Entrant to Top Ten

Tata Mutual Fund entered the top 10 list of fund houses in the September quarter. Its AAUM reached ₹2.2 trillion, rising 10.6% compared with the June quarter. DSP Mutual Fund followed with ₹2.1 trillion, showing a 6.9% increase.

Read More: AMFI Data: 11 Fund Houses Manage AUM Over ₹2 Lakh Crore as of September 2025!

Conclusion

With ICICI Prudential becoming the second asset manager to cross ₹10 trillion in assets, and Tata Mutual Fund entering the top ten, the September quarter marked another stage of growth in the mutual fund industry.

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