Wednesday, September 20, 2023
HomeMutual FundParag Parikh Flexi Cap Fund is the most well-liked direct plan fairness...

Parag Parikh Flexi Cap Fund is the most well-liked direct plan fairness MF


The AUM (asset below administration) of mutual funds reported in most on-line portals is the  AUM of the common plan (commissions eliminated earlier than NAV declaration) plus the AUM of the direct plan (no commissions). This text lists the most well-liked direct plan mutual funds. That’s the ones with the most important AUM.

Every quarter, the affiliation of mutual funds in India (AMF) reviews the common AUM per quarter. Home fund of funds AUM is reported individually to keep away from double-counting belongings. This reviews the AUM of the direct and common plan mutual funds individually. Additionally, below every plan, one can discover the AUM within the dividend (IDCW) and progress choices. NB: Plans and choices have distinct meanings for mutual funds and shouldn’t be used interchangeably!

Allow us to now slice the AUM step-by-step. The info corresponds to Common Property below Administration (AAUM) for the quarter of October – December 2020 (Rs in Lakhs).

  • Grand Whole: Rs. 402675769.4  Lakhs (excluding home FoFs)
  • ETF: Rs. 50563326.15 Lakhs (excluding home FOFs; these haven’t any direct plan, common plan, progress, or dividend choices!). Aum share of ETFs: 12.55%
  • Virtually 3.77% of the overall AUM is held in SBI-ETF Nifty 50.
  • Common Plan: Rs. 210472726.6 Lakhs. Aum share of standard plan MFs: 59.77%
  • Direct Plan: Rs. 141639716.6 Lakhs. Aum share of direct plan MFs: 40.22%

We anticipate a lot of the direct plan AUM to be in liquid funds, cash market funds and different debt funds. Allow us to examine the highest 50 direct plan funds.

The highest 9 are short-term debt funds (The AUM is in Lakhs

  1. SBI Liquid Fund – DIRECT PLAN -Development 5016853.57
  2. HDFC Liquid Fund – Development Choice – Direct Plan 3987565.69
  3. ICICI Prudential Liquid Fund – Direct Plan-Development 3145353.96
  4. Aditya Birla Solar Life Liquid Fund – Development – Direct Plan 2997539.37
  5. Kotak Liquid – Development – Direct 2651579.83
  6. UTI-Liquid Money Plan – Direct Plan – Development Choice 2379785.48
  7. Nippon India Liquid Fund – Direct Plan Development Plan – Development Choice 2175927.47
  8. Axis Liquid Fund – Direct Plan – Development Choice 2072693.19
  9. SBI OVERNIGHT FUND – DIRECT PLAN – GROWTH 1903734.61

At no 10 is Parag Parikh Flexi Cap Fund – Direct Plan-Development with Rs. 1727404.88 Lakhs AUM. Making it the most well-liked direct plan fairness mutual fund (we will not contemplate arbitrage funds as fairness funds for this classification). We’ve not consolidated progress and dividend (IDCW) choices. Even when we did, the IDCW contributions from fairness direct plan funds are too small to displace Parag Parikh Flexicap (which doesn’t have an IDCW possibility).

There are 9 fairness funds if we contemplate the following 45 funds.

Scheme Identify Common AUM
Axis Bluechip Fund – Direct Plan – Development 1216543
Mirae Asset Giant Cap Fund – Direct Plan – Development 1168819
Kotak Flexicap Fund – Development – Direct 940412.9
SBI BLUE CHIP FUND-DIRECT PLAN -GROWTH 906744
HDFC Flexi Cap Fund – Development Choice – Direct Plan 864729.7
ICICI Prudential Bluechip Fund – Direct Plan – Development 841726.7
Mirae Asset Rising Bluechip Fund – Direct Plan – Development 803763.6
Axis Lengthy Time period Fairness Fund – Direct Plan – Development Choice 802786.7
ICICI Prudential Balanced Benefit Fund – Direct Plan -Development 705882.3

The subsequent 45 standard direct plan funds are tabulated under.

Scheme Identify Common AUM
ICICI Prudential Financial savings Fund – Direct Plan – Development 1606308
Tata Liquid Fund- Direct Plan-Development Choice 1422676
HDFC In a single day Fund – Development Choice – Direct Plan 1366383
HDFC Floating Charge Debt Fund – Direct Plan – Development Choice 1326602
IDFC Company Bond Fund – Direct Development 1280809
Axis Bluechip Fund – Direct Plan – Development 1216543
HDFC Company Bond Fund – Development Choice – Direct Plan 1206842
ICICI Prudential In a single day Fund – Direct Plan – Development 1196207
ICICI Prudential Company Bond Fund – Direct Plan – Development 1190140
Kotak Cash Market Scheme – (Development) – Direct 1187089
Aditya Birla Solar Life Floating Charge Fund-Direct Plan-Development 1183819
Mirae Asset Giant Cap Fund – Direct Plan – Development 1168819
Aditya Birla Solar Life Cash Supervisor Fund – Development – Direct Plan 1067542
Kotak Fairness Arbitrage Fund – Development – Direct 1066880
HSBC Liquid Fund -Development Direct 1036929
IDFC Money Fund -Direct Plan-Development 1028646
Kotak Financial savings Fund-Development – Direct 976392.9
HDFC Cash Market Fund – Development Choice – Direct Plan 971174.7
DSP Liquidity Fund – Direct Plan – Development 956129.5
SBISAVINGS FUND – DIRECT PLAN – GROWTH 942538.8
Kotak Flexicap Fund – Development – Direct 940412.9
ADITYA BIRLA SUN LIFE OVERNIGHT FUND-DIRECT PLAN-GROWTH 915712.8
SBI BLUE CHIP FUND-DIRECT PLAN -GROWTH 906744
Aditya Birla Solar Life Financial savings Fund – Development – Direct Plan 878217.7
Nippon India In a single day Fund – Direct Plan – Development Choice 876655.2
ICICI Prudential Cash Market Fund Choice – Direct Plan -Development 870980.9
Kotak Bond Brief Time period Plan-(Development) – Direct 866807.1
HDFC Flexi Cap Fund – Development Choice – Direct Plan 864729.7
IDFC-IDFC Banking & PSU Debt Fund – Direct Development 850974.5
ICICI Prudential Bluechip Fund – Direct Plan – Development 841726.7
Kotak In a single day Fund -Direct Plan-Development Choice 834619.3
Axis In a single day Fund – Direct Plan – Development Choice 826738.6
Mirae Asset Rising Bluechip Fund – Direct Plan – Development 803763.6
Axis Lengthy Time period Fairness Fund – Direct Plan – Development Choice 802786.7
SBI SHORT TERM DEBT FUND – DIRECT PLAN -GROWTH 792440.1
Axis Banking & PSU Debt Fund – Direct Plan – Development Choice 792105.3
HDFC Extremely Brief Time period Fund – Direct Plan-Development Choice 789504
Nippon India Cash Market Fund – Direct Plan Development Plan – Development Choice 777463.6
SBI MAGNUM ULTRA SHORT DURATION FUND – DIRECT PLAN – GROWTH 765626.5
Aditya Birla Solar Life Company Bond Fund – Development – Direct Plan 758799.2
UTI – In a single day Fund – Direct Plan – Development Choice 742623.9
Nippon India Floating Charge Fund- Direct Plan Development Plan – Development Choice 734383.4
HDFC Brief TermDebt Fund – Development Choice – Direct Plan 707242.2
Aditya Birla Solar Life Nifty SDL Plus PSU Bond SEP 2026 60:40 Index Fund-Direct Development 707222.5
ICICI Prudential Balanced Benefit Fund – Direct Plan -Development 705882.3

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