8 equity mutual fund schemes cross Rs 45,000-crore AUM mark - Most popular funds (2024)

Table of Contents

Most popular funds HDFC Balanced Advantage Fund top AUM chart SBI Equity Hybrid Fund Only one midcap scheme 2 schemes with Rs 50,000-crore AUM ICICI Prudential Bluechip Fund HDFC Flexi Cap Fund Nippon India Small Cap Fund

Written by

Surbhi Khanna

,ET Online|

Feb 12, 2024, 04:07:42 PM IST

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Most popular funds

Around eight mutual fund schemes have Rs 45,000 crore AUM as of now. These eight schemes are from balanced advantage, aggressive hybrid, midcap, flexicap, largecap, and smallcap categories.

Agencies

HDFC Balanced Advantage Fund top AUM chart

HDFC Balanced Advantage Fund has the highest asset under management (AUM) among all equity and equity-oriented mutual fund schemes. The scheme manages assets of Rs 77,011.15 crore. The scheme has completed around 23 years in the market.

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SBI Equity Hybrid Fund

SBI Equity Hybrid Fund stands in the second spot. The scheme manages assets of Rs 65,010.10 crore. The scheme has completed 28 years in the market.

IANS

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Only one midcap scheme

HDFC Mid-Cap Opportunities Fund, the only midcap scheme in the list, manages assets of Rs 59,027.47 crore. The scheme has completed around 16.65 years in the market.

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2 schemes with Rs 50,000-crore AUM

The other two schemes that have around Rs 50,000 crore AUM are the Parag Parikh Flexi Cap Fund and the ICICI Prudential Balanced Advantage Fund. Parag Parikh Flexi Cap Fund manages assets of Rs 55,034.05 crore. ICICI Prudential Balanced Advantage Fund manages assets of Rs 54,141.75 crore.

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ICICI Prudential Bluechip Fund

CICI Prudential Bluechip Fund manages assets of Rs 49,837.78 crore as of January 31, 2024. The scheme has completed around 15 years in the market.

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HDFC Flexi Cap Fund

HDFC Flexi Cap Fund manages assets of Rs 47,642.42 crore assets under management. The scheme is the only flexi cap scheme to feature on the list. The scheme has completed 29 years in the market.

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Nippon India Small Cap Fund

Nippon India Small Cap Fund is the largest scheme in the smallcap category based on assets managed. The scheme manages assets of Rs 45,894.01 crore. The scheme has completed around 13 years in the market.

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Nippon India Small Cap Fund

ICICI Prudential Bluechip Fund

Parag Parikh Flexi Cap Fund