How much net inflows do the top 20 Distributors bring for FY 2022-23?
Dive into a detailed analysis of the net inflows for the top 20 distributors in FY 2022-23, ranked by their gross commission figures. Discover the leading players and the trends that shape the industry.
At the forefront is SBI, with an impressive net inflow of Rs 10,411 crore. Following closely is NJ IndiaInvest, boasting net inflows of Rs 8,959 crore, accounting for 13% and 28% of their respective gross inflows.
The next positions are secured by HDFC Bank, Prudent Corporate Advisory Services, and Anand Rathi Wealth, injecting net flows of Rs 5,509 crore, Rs 4,907 crore, and Rs 2,232 crore, respectively. HDFC Bank has the lowest net to gross ratio at 6%, while Prudent Corporate Advisory Services and Anand Rathi demonstrate strength with ratios of 25% and 19%, respectively.
However, among the top 20 distributors, five – Citibank N.A, Julius Baer Wealth Advisors, IIFL Wealth Prime, ICICI Bank, and Axis Bank – have experienced net outflows.
Delve deeper into the data to find that HDFC Securities, NJ IndiaInvest, Geojit Financial Services, Prudent Corporate Advisory Services, and Bank of Baroda are the five distributors with a net to gross ratio exceeding 20%. In contrast, Bajaj Capital and Kotak Mahindra Bank report net to gross ratios of just 1% each.
In summary, with total net inflows of Rs 33,735 crore against gross inflows of Rs 4.22 lakh crore, the net to gross ratio for the top 20 distributors stands at 8%.
Explore the comprehensive table below for detailed inflow data of the top 20 distributors (based on gross commission):
| Distributor | Gross Inflows (Rs in crore) | Net Inflows (Rs in crore) | Net to Gross Ratio |
|---|---|---|---|
| State Bank of India | 81,466 | 10,411 | 13% |
| NJ IndiaInvest | 31,576 | 8,959 | 28% |
| HDFC Bank | 95,242 | 5,509 | 6% |
| Prudent Corporate Advisory Services | 19,790 | 4,907 | 25% |
| Anand Rathi Wealth | 11,728 | 2,232 | 19% |
| ICICI Securities | 15,828 | 1,655 | 10% |
| Bank of Baroda | 7,892 | 1,645 | 21% |
| HDFC Securities | 4,040 | 1,424 | 35% |
| Standard Chartered Bank | 6,820 | 592 | 9% |
| Sapient Wealth Advisors And Brokers | 7,217 | 538 | 7% |
| Geojit Financial Services | 1,848 | 458 | 25% |
| HSBC | 9,836 | 458 | 5% |
| Wealth India Financial Services | 2,141 | 258 | 12% |
| Kotak Mahindra Bank | 26,195 | 253 | 1% |
| Bajaj Capital | 2,700 | 26 | 1% |
| Citibank N.A | 391 | -467 | -120% |
| Julius Baer Wealth Advisors | 15,696 | -474 | -3% |
| IIFL Wealth Prime | 22,561 | -560 | -2% |
| ICICI Bank | 16,383 | -924 | -6% |
| Axis Bank | 42,615 | -3,164 | -7% |
| Total | 4,21,966 | 33,735 | 8% |
Explore the trends, make informed decisions, and stay ahead in the industry.
Ganesh Kumar
https://finplay.in/Mutual Fund Expert and Stock Market Enthusiast. Indian Stock Markets to the Moon 🚀