SBI MF Leads as 8 Fund Houses Cross ₹20,000 Crore Growth Mark

October saw notable asset growth across several mutual fund houses, with eight AMCs reporting AUM increases of more than ₹20,000 crore. 

The rise reflects sustained investor interest across equity, debt and hybrid categories, alongside the launch of new schemes by some fund houses.

Here is a breakdown of the AMCs that saw the strongest additions.

AUM Growth Across Leading Mutual Funds

1. SBI Mutual Fund

SBI Mutual Fund, the country’s largest manager by assets, added about ₹55,383 crore during October. Its total AUM rose to ₹12.60 lakh crore from ₹12.05 lakh crore a month earlier. The fund house managed 125 schemes during the period.

2. ICICI Prudential Mutual Fund

ICICI Prudential Mutual Fund recorded an AUM increase of approximately ₹45,308 crore, taking its total assets to ₹11.16 lakh crore compared with ₹10.71 lakh crore in September. The AMC launched one scheme during the month and oversaw 272 funds.

3. HDFC Mutual Fund

HDFC Mutual Fund saw its AUM move up by around ₹39,888 crore, rising to ₹9.35 lakh crore in October from ₹8.95 lakh crore in September. It managed 136 schemes during the period.

4. Nippon India Mutual Fund

Nippon India Mutual Fund’s assets expanded by nearly ₹36,172 crore. Its AUM reached ₹7.04 lakh crore in October, up from ₹6.68 lakh crore a month earlier. The fund house managed 198 schemes.

5. Aditya Birla Sun Life Mutual Fund

Aditya Birla Sun Life Mutual Fund’s AUM grew by about ₹26,123 crore, taking its total assets to ₹4.43 lakh crore from ₹4.17 lakh crore in September. The AMC managed 226 funds during the month.

6. Axis Mutual Fund

Axis Mutual Fund added roughly ₹24,599 crore in October, lifting its AUM to ₹3.62 lakh crore compared with ₹3.37 lakh crore previously. The AMC managed 100 schemes across categories.

7. Kotak Mutual Fund

Kotak Mutual Fund reported an AUM addition of around ₹23,543 crore, taking its total to ₹5.83 lakh crore in October, up from ₹5.59 lakh crore in September. The fund house introduced two new schemes and managed 157 funds.

8. UTI Mutual Fund

UTI Mutual Fund saw its AUM rise by approximately ₹23,123 crore. Assets under management increased to ₹3.96 lakh crore from ₹3.73 lakh crore a month earlier. The AMC managed 102 schemes during the period.

Read More: Best Performing Nifty 1D Rate Liquid ETFs in November 2025 Based on 6-Month Returns.

Conclusion

The AUM increases across these fund houses indicate steady investor participation during October and reflect wider market activity across segments. As product offerings expand and market conditions evolve, fund inflows may continue to shift in line with investor preferences and risk appetite.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Mutual Fund investments in the securities market are subject to market risks, read all the related documents carefully before investing.