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

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.