Exploring 11 Equity Mutual Funds with AUM Over ₹50,000 Crore

Introduction

Equity mutual funds have consistently attracted investors due to their potential for long-term wealth creation. Among these, several schemes have surpassed the ₹50,000 crore mark in Assets Under Management (AUM). This article explores 11 such mutual funds, highlighting their latest AUM. 

1. HDFC Balanced Advantage Fund

The largest equity mutual fund, HDFC Balanced Advantage Fund, boasted an impressive AUM of ₹95,521 crore. 

2. Parag Parikh Flexi Cap Fund

With an AUM of ₹87,539.41 crore as of December 31, 2024, the Parag Parikh Flexi Cap Fund is a notable player in the flexi-cap category. 

3. HDFC Mid-Cap Opportunities Fund

Focused on mid-cap stocks, the HDFC Mid-Cap Opportunities Fund had an AUM of ₹77,967.21 crore in December 2024. This fund targets companies with growth potential in the mid-cap segment.

4. SBI Equity Hybrid Fund

As per the latest data, the SBI Equity Hybrid Fund held an AUM of ₹72,428.38 crore. This hybrid fund maintains a mix of equity and debt, aiming to balance risk and return.

5. ICICI Prudential Balanced Advantage Fund

The ICICI Prudential Balanced Advantage Fund reported an AUM of ₹60,434.09 crore as of December 2024. The aim of this mutual fund scheme is to provide capital appreciation and income distribution to investors by using equity and equity-related securities and debt instruments.

6. HDFC Flexi Cap Fund

The HDFC Flexi Cap Fund Direct Growth had an AUM of ₹66,344.39 crore. The aim of the HDFC Flexi Cap Fund is to generate capital appreciation/income from a portfolio, predominantly invested in equity & equity related instruments

7. Nippon India Small Cap Fund

Focusing on the small-cap segment, the Nippon India Small Cap Fund reported an AUM of ₹61,973.76 crore as per the latest data available. This scheme aims to generate long-term capital appreciation by investing predominantly in equity and equity-related instruments of small-cap companies

8. ICICI Prudential Bluechip Fund

The ICICI Prudential Bluechip Fund, with an AUM of ₹63,264.30 crore, invests in large-cap companies. It focuses on stable, well-established large-cap businesses.

9. Kotak Equity Arbitrage Fund

The Kotak Equity Arbitrage Fund had an AUM of ₹54,913.12 crore. The investment objective of the scheme is to generate capital appreciation and income by predominantly investing in arbitrage opportunities in the cash and derivatives segment of the equity market, and by investing the balance in debt and money market instruments

10. Kotak Emerging Equity Fund

As of December 31, 2024, the Kotak Emerging Equity Fund held an AUM of ₹53,078 crore. The Kotak Emerging Equity Fund aims to create long-term wealth by primarily investing in midcap companies through a portfolio of equity and equity-related securities. Additionally, the scheme may allocate funds to debts and money market instruments based on the scheme’s asset allocation. 

11. Kotak Flexicap Fund

The Kotak Flexicap Fund Direct reported an AUM of ₹50,425.9 crore. Kotak Flexicap Fund is an investment scheme that aims to generate long-term capital appreciation from a portfolio of equity and equity-related securities, generally focused on a few selected sectors. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Mutual Fund investments in the securities market are subject to market risks, read all the related documents carefully before investing.