49 fund houses.
Where do they differentiate?
Every SEBI-registered asset management company operating in India. Aggregate industry AUM is —. The top five hold 0% of it; the next twenty hold 0%; the remaining 24 houses share the last 100%. That Pareto shape is the story this catalog tells.
The five houses that set the curve.
Each of these five manages more money than the bottom thirty combined. Their portfolio decisions show up in flow data, in index inclusion votes, and in the cost curve every other AMC operates around.
SBI Mutual Fund
ICICI Prudential Mutual Fund
HDFC Mutual Fund
Kotak Mahindra Mutual Fund
Nippon India Mutual Fund
Twenty houses building scale.
Diversified mid-tier and specialist fund houses, in descending AUM order. Each tile opens the full dossier — concentration metrics, top schemes by 5Y CAGR, fund manager bench, category breadth.
Axis Mutual Fund
Aditya Birla Sun Life Mutual Fund
UTI Mutual Fund
Edelweiss Mutual Fund
DSP Mutual Fund
Mirae Asset Mutual Fund
PPFAS Mutual Fund
Bandhan Mutual Fund
Invesco Mutual Fund
Canara Robeco Mutual Fund
Tata Mutual Fund
Motilal Oswal Mutual Fund
HSBC Mutual Fund
Franklin Templeton Mutual Fund
Sundaram Mutual Fund
Baroda BNP Paribas Mutual Fund
quant Mutual Fund
WhiteOak Capital Mutual Fund
Mahindra Manulife Mutual Fund
PGIM India Mutual Fund
Niche, new, or boutique.
The long tail is where new ideas live: passive-first houses, single- theme boutiques, broker-led entrants. Smaller AUM doesn't mean smaller idea — Zerodha, Helios, Bajaj Finserv, NJ all entered here.
AMFI quarterly disclosure, then aggregated in-house.
AUM is the sum of scheme-level assets reported in the AMFI portfolio disclosure that ends each quarter, rolled up per AMC. Direct + Regular plans, equity + debt + hybrid + commodity + solution- oriented schemes — all in the same total. Tier boundaries (apex/majors/tail) are set at rank 5 and 25 against the empirical AUM distribution; they will move if the distribution changes.
The active scheme count excludes (a) merged-away schemes, (b) schemes that haven't reported a NAV in the last quarter, and (c) Fund of Funds investing only in the same AMC's other schemes (avoids double-counting). For dossier metrics like concentration and top-scheme rankings, we further restrict to Direct-plan units only — the Regular-plan distribution-fee layer isn't comparable across schemes.
Full methodology · all constants reviewed January 2026.
AUM, scheme counts and manager counts sourced from public AMFI disclosures and AMC factsheets. MintByte is an AMFI-registered mutual fund distributor (ARN-314872); SEBI Registered Investment Adviser and Research Analyst registrations are in process. Not investment advice.