Denemek ALTIN - Özgür

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

Financial Express Kochi

|

January 07, 2026

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.

Financial Express Kochi'den DAHA FAZLA HİKAYE

Financial Express Kochi

Indices log worst weekly fall in 3 months

GLOBAL CUES DAMPEN MOOD

time to read

2 mins

January 10, 2026

Financial Express Kochi

Meta signs nuclear deals for data centres

META PLATFORMS

time to read

1 min

January 10, 2026

Financial Express Kochi

Merck may acquire Revolution Medicines

MERCK & CO IS in talks to acquire the cancer-focused biotech company Revolution Medicines, according to a report in the FT.

time to read

1 min

January 10, 2026

Financial Express Kochi

RBI guv: Regulators and regulated are in the same team

RESERVE BANK OF India (RBI) governor Sanjay Malhotra on Friday said digitalisation is transforming the financial system, demanding agility and collaboration in regulation and supervision.

time to read

1 min

January 10, 2026

Financial Express Kochi

Pick. Drop. Repeat

GIG WORKERS ARE OFTEN AT THE MERCY OF ALGORITHMIC MANAGEMENT PRACTICES THAT EXHIBIT BIAS AND NEGATIVELY IMPACT THEIR EARNINGS

time to read

3 mins

January 10, 2026

Financial Express Kochi

Takes the DaVinci Code to the road

THE USP OF THIS SUV IS ITS SUSPENSION NAMED AFTER THE RENAISSANCE GENIUS

time to read

2 mins

January 10, 2026

Financial Express Kochi

Jeep is the rare car brand that's cutting prices right now

STELLANTIS NV'S JEEP brand is mounting a turnaround bid by cutting prices, an unusual strategyin an increasingly exorbitant US car market.

time to read

1 mins

January 10, 2026

Financial Express Kochi

Major reforms expected in customs procedures

AS FINANCE MINISTER Nirmala Sitharaman is set to present the Union Budget for FY27 in Parliament on February 1, industry stakeholders and tax experts are expecting significant reforms in the customs procedures, particularly the simplification of the special valuation branch (SVB) process.

time to read

1 mins

January 10, 2026

Financial Express Kochi

China to roll out package of policies

CHINA'S CABINET HELD a meeting on Friday about implementing a package of fiscal and financial policies to boost domestic demand, including initiatives to spur household consumption, state broadcaster CCTV reported.

time to read

1 min

January 10, 2026

Financial Express Kochi

US job growth slows in December

US JOB GROWTH slowed more than expected in December amid business caution about hiring because of import tariffs and rising artificial intelligence investment, but the unemployment rate dipped to 4.4%, supporting expectations the Federal Reserve would leave interest rates unchanged this month.

time to read

1 min

January 10, 2026

Listen

Translate

Share

-
+

Change font size