Reliance MF Occupies No. 1 Slot In Fund Houses List

Kolkata: Reliance MF, with Rs 46,306 crore under management, has taken the No. 1 slot among fund houses at the end of March 2007, the latest assets under management (AUM) figures issued by the Association of Mutual Funds of India have shown. Reliance MF is followed by ICICI Prudential MF (Rs 37,869 crore), UTI MF (Rs 35,488 crore) and HDFC MF (Rs 28,357 crore). Incidentally, considering all the average AUMs for March, the tally stood at Rs 3,60,410 crore. These figures exclude FoF (fund of fund) data. Some of the larger players in the industry are Franklin Templeton MF (Rs 22,018 crore), Birla Sun Life MF (Rs 19,046 crore) and SBI MF (Rs 16,807 crore).