Who are India’s Top 30 individual Mutual fund distributors and what is their AUM?
In March 2023, a comprehensive analysis of Assets Under Management (AUM) disclosure among India’s top mutual fund distributors revealed an impressive total AUM of Rs. 19,000 crore. Let’s delve into the rankings and discover some fascinating insights from the Indian Mutual Fund industry for the fiscal year 2023.
1. Madhav Ganpule: India’s Leading Individual MFD
2. Ganesh Shanbhag: Securing the Second Spot
3. Manjula S: A Strong Third Position
4. Ranjan Panigrahi: Emerging at Fourth Place
5. Sadashiv Phene: Fifth Place Holder
Notable Growth:
Regional Diversity:
Empowering Women MFDs:
Dynamic Mumbai Dominance:
Growing Interest in Non-Metro Cities:
Diverse Investment Strategies:
Impact of Economic Trends:
The Role of Women in Finance:
Here is the complete list of India’s top 30 Mutual Fund Distributors for the fiscal year 2023, along with their respective cities, AUM figures for FY 2023 and FY 2022, and the corresponding changes:
MFDs | City | AUM FY 2023 (Rs.) | AUM FY 2022 (Rs.) | Change (Rs.) | Change (%) |
---|---|---|---|---|---|
Gaurav Ganpule | Pune | 1,547 | 1,425 | 122 | 9% |
Ganesh Shanbhag | Mumbai | 1,242 | 1,188 | 54 | 5% |
Manjula S | Bangalore | 1,041 | 1,346 | -305 | -23% |
Ranjan Panigrahi | Mumbai | 887 | 564 | 323 | 57% |
Sadashiv Phene | Mumbai | 851 | 743 | 108 | 15% |
Hari Kamat | Panaji, Goa | 836 | 758 | 78 | 10% |
Mukund Seshadri | Mumbai | 708 | 574 | 134 | 23% |
Jennifer Mendez | Mapusa, Goa | 681 | 606 | 75 | 12% |
Harish Kotian | Mumbai | 672 | 637 | 35 | 5% |
Mukesh Dokania | Kolkata | 618 | 526 | 92 | 17% |
Rakesh Pasricha | New Delhi | 618 | 583 | 35 | 6% |
Divyesh Rach | Mumbai | 616 | 502 | 114 | 23% |
Rajbir Singh | Mumbai | 611 | 578 | 33 | 6% |
Saibal Biswas | Kolkata | 605 | 541 | 64 | 12% |
Anandbir Singh | Mumbai | 577 | 525 | 52 | 10% |
Dhananjay Kale | Pune | 560 | 486 | 74 | 15% |
Yogesh Shah | Ahmedabad | 549 | 528 | 21 | 4% |
Salil Kothari | Mumbai | 546 | 418 | 128 | 31% |
Ravindra Oberoi | Mumbai | 514 | 487 | 27 | 6% |
Deepesh Arora | Ahmedabad | 510 | 466 | 44 | 9% |
Ramkumar Barchha | Rajkot | 509 | 412 | 97 | 24% |
Nonie Kapoor | New Delhi | 504 | 550 | -46 | -8% |
Ajay Mishra | Mumbai | 450 | Not found | Not found | Not found |
Nayan Saraiya | Mumbai | 440 | 380 | 60 | 16% |
Mukesh Kumar | Bangalore | 434 | 386 | 48 | 12% |
Rajinder Pal Singh Anand | Mumbai | 431 | 419 | 12 | 3% |
Rashmi Thukral | Varanasi | 421 | 552 | -131 | -24% |
Zeenat Jagani | Mumbai | 417 | 396 | 21 | 5% |
Drumesh Pandya | Ahmedabad | 414 | 421 | -7 | -2% |
Priti Kucheria | Mumbai | 413 | 392 | 21 | 5% |
This comprehensive ranking not only highlights the leading individual Mutual Fund Distributors in India but also provides insights into the industry’s dynamics, regional diversity, and the increasing prominence of women in finance. As the Mutual Fund industry continues to evolve, these insights offer valuable perspectives for both investors and professionals in the field.
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