More than 50% of total MF AUM originates from merely 3 states

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More than fifty % or 56 % of the general frequent funds properties beneath administration (MF AUM) originates from merely 3 states in India in keeping with AMFI September 2024 info. Maharashtra has the very best doable AUM amongst all of the states, complied with by Delhi and Gujarat.

Maharashtra added Rs 27.49 lakh crore of the general MF AUM of Rs 67.09 lakh crore since September 2024. This was complied with by Delhi (Rs 5.49 lakh crore) and Gujarat (Rs 4.82 lakh crore).

Next highest doable MF properties had been added by Karnataka with Rs 4.71 lakh crore and West Bengal with Rs 3.45 lakh crore.

Talking concerning fairness properties, Maharashtra acquired the very best doable fairness properties within the nation of Rs 11.82 lakh crore or 43 % of its total properties from fairness funds.

Gujarat and Karnataka inhabited the next 2 locations with fairness AUM of Rs 3.47 lakh crore AUM and Rs 3.30 lakh crore, particularly.

Percentage sensible, Tripura noticed concerning 92 % of its total AUM originating from fairness funds. Behind it had been Jammu and Kashmir, Arunachal Pradesh and Andaman & & Nicobar Islands with 91 % of their properties originating from fairness funds. So, one can wrap up that many capitalists in these states wish to buy fairness.

As per AMFI info, normal fairness AUM stood at Rs 30.65 lakh crore in September 2024.

When it pertains to non-equity properties that embody AUM of economic obligation funds, world funds and gold ETFs, Maharashtra, New Delhi and Karnataka had been the leaders within the non-equity AUM classification.

Maharashtra had the very best doable non-equity AUM of Rs 15.67 lakh crore. It acquired 57 % of its total properties from these funds.

New Delhi got here 2nd with non-equity AUM of Rs 2.36 lakh crore whereas Karnataka rounded off the main 3 with non-equity AUM of Rs 1.41 lakh crore.

Gujarat and Tamil Nadu had been following with non-equity AUM of Rs 1.35 lakh crore and Rs 1.04 lakh crore, particularly.

In regards to portion of non-equity properties to the general AUM, Maharashtra and New Delhi lined the guidelines with non-equity methods creating 57 % and 43 % of their AUM, particularly. Haryana was on the third place with 37 % of its AUM originating from non-equity properties.

Overall, non-equity AUM stood at Rs 36.53 lakh crore in keeping with AMFI info.

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