AMC Ranks Based on Performance – June 2019

Looking at AMC ranks based on AUM is of no use to investors and advisers. Analysing and ranking AMCs based on performance i.e. % of their total AUM beating its respective benchmark could be a better approach. The analysis shows that higher AUM does not necessarily mean better performance, which is the general belief among many advisers and investors. 

Following are the ranks as on June, 2019 based on the percentage of Equity AUM beating its respective benchmark over last 1, 3 and 5 year. Final AUM Beating Benchmark Score is calculated by assigning 20%, 30% and 50% weights for 1, 3 and 5 year period respectively based on percentage of total AMC’s AUM beating its respective benchmark.

Mutual Fund House ranks based on Performance as on June 2019

amc-ranks.jpg

Complete List of AMCs and their scores:

Rank AMC Name AUM Beating Benchmark Score
1 Mirae Asset MF 91.7%
2 Kotak MF 86.7%
3 Parag Parikh MF 80.0%
4 Canara Robeco MF 77.4%
5 Axis MF 70.7%
6 Motilal Oswal MF 67.8%
7 Invesco MF 64.3%
8 HDFC MF 62.5%
9 Edelweiss MF 59.4%
10 Principal MF 58.3%
11 Franklin Templeton MF 58.2%
12 SBI MF 57.3%
13 DSP MF 57.0%
14 L&T MF 55.2%
15 Reliance MF 48.9%
16 ICICI Prudential MF 45.6%
17 BNP Paribas MF 40.4%
18 JM Financial MF 38.9%
19 Aditya Birla SL MF 37.3%
20 Tata MF 35.6%
21 Sundaram MF 35.5%
22 IDFC MF 32.9%
23 LIC MF 28.4%
24 HSBC MF 26.3%
25 IDBI MF 20.2%
26 DHFL Pramerica MF 18.4%
27 Union MF 13.6%
28 UTI MF 10.0%
29 Mahindra MF 7.0%
30 BOI AXA MF 3.9%
31 Baroda MF 0.0%
32 Quantum MF 0.0%

The analysis considers all open-ended equity and hybrid funds. AMCs with more than Rs. 1,000 cr equity assets are only considered for this analysis. 

 

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