يحاول ذهب - حر

Race for top spot in mutual funds going down to the wire

January 07, 2026

|

Financial Express Kochi

SBI MF STILL HOLDS THE CROWN, BUT ICICI PRU JUST ₹1.7 LAKH CRORE BEHIND

- ANANYA GROVER

THE BATTLE FOR the top spot in India’s mutual fund industry is entering its most competitive phase yet—and it is no longer a one-horse race.

Over the past two years, ICICI Prudential Mutual Fund has closed the gap sharply with industry leader SBI Mutual Fund, turning what once looked like a settled hierarchy into a genuine contest. Based on average assets under management (AAUM), ICICI Prudential is now just ₹1.7 lakh crore behind SBI MF.

As of December 2025, SBI MF managed ₹12.48 lakh crore, while ICICI Prudential MF stood at ₹10.76 lakh crore, according to data from Association of Mutual Funds in India (Amfi). What makes this shift more striking is what is happening behind them: the gap between ICICI Prudential and third-placed HDFC Mutual Fund has widened dramatically. From about ₹70,000 crore in March 2024, it has more than doubled to ₹1.5 lakh crore.

المزيد من القصص من Financial Express Kochi

Financial Express Kochi

Modi pitches stability as firms commit to state

PRIME MINISTER NARENDRA Modi on Sunday said India is passing through a phase of unprecedented certainty and political stability at a time when the global economy is facing prolonged uncertainty, positioning the country as a dependable destination for long-term investment.

time to read

1 mins

January 12, 2026

Financial Express Kochi

Jubilant Foodworks'.

“IN A MARKET where competitors are catching up quickly, the leader may well press the inorganic growth button to leap forward,” said G Chokkalingam of Equinomics Research.

time to read

1 min

January 12, 2026

Financial Express Kochi

Focus on education, skilling, employment

DIGITAL LEARNING, INDUSTRY-ALIGNED SKILLING

time to read

1 mins

January 12, 2026

Financial Express Kochi

Amazon AI lists products without merchant consent

SOMETIME AROUND CHRISTMAS, Sarah Burzio noticed that the holiday sales bump for her stationery business included some mysterious new customers: a flurry of orders from anonymous email addresses associated with Amazon.com.

time to read

2 mins

January 12, 2026

Financial Express Kochi

Reliance to invest ₹7L cr in Gujarat

TWO OF INDIA'S biggest business conglomerates - Reliance Industries and Adani Group - committed major investments during the Saurashtra-Kutch edition of the Vibrant Gujarat Regional Conferences (VGRC) here today.

time to read

1 min

January 12, 2026

Financial Express Kochi

Rapid PSE privatisation may unlock ₹10L cr: CII

THE CONFEDERATION OF Indian Industry (CII) has urged the government to fast-track the privatisation of public sector enterprises (PSEs) to unlock substantial resources for infrastructure and address key development priorities amid global economic uncertainties.

time to read

1 mins

January 12, 2026

Financial Express Kochi

Govt to meet fiscal deficit target of 4.4% in FY26: PwC

THE GOVERNMENT IS likely to achieve the fiscal deficit target of 4.4% of the GDP in FY26, and it could even better it, a positive signal to global investors about India's commitment to fiscal management, PwC Partner and Economic Advisory Services leader Ranen Banerjee said.

time to read

1 min

January 12, 2026

Financial Express Kochi

Beyond the IIT shadow

HOW IIIT HYDERABAD IS BUILDING A SILICON VALLEY MODEL IN INDIA

time to read

2 mins

January 12, 2026

Financial Express Kochi

Pvt credit gains...

HOUSING SALES ACROSS the top seven cities fell 14% in 2025, according to Anarock Research.

time to read

1 min

January 12, 2026

Financial Express Kochi

'We're a savings portal, not q-comm'

After a turbulent period of leadership churn and persistent losses, API Holdings, the parent of Pharmeasy, Thyrocare and medicine distributor Ascent, is focused on stitching all its business segments into a single, profitable OPD healthcare platform.

time to read

3 mins

January 12, 2026

Listen

Translate

Share

-
+

Change font size