Here are the index funds with the highest AUM - Cafemutual.com (2024)
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An analysis done by Cafemutual shows that UTI Nifty 50 Index Fund is the largest large cap fund with AUM of Rs. 15,700 crore. HDFC Index Fund Nifty 50 Plan and ICICI Prudential Nifty 50 Index Fund are the next two largest funds in the category with assets of Rs. 12,800 crore and Rs. 7100 crore, respectively.
Among mid cap index funds, Motilal Oswal Nifty Midcap 150 Index Fund has the highest AUM of over Rs.1300 crore. Nippon India Nifty Midcap 150 Index Fund is the second largest mid cap index fund with assets of over Rs.1100 crore while ICICI Prudential Nifty Midcap 150 Index Fund is a distant third with AUM of over Rs.300 crore.
In the small cap index funds category, Nippon India Nifty Smallcap 250 Index Fund has the highest AUM of over Rs.1000 crore.
Similarly, Motilal Oswal Nifty Bank Index Fund is the largest sectoral/thematic fund with asset size of over Rs. 500 crore.
Further, UTI Nifty200 Momentum 30 Index Fund is the largest factor fund with AUM of Rs. 4500 crore while Aditya Birla Sun Life Nifty SDL Plus PSU Bond Sep 2026 60:40 Index Fund is the largest target maturity fund with AUM of close to Rs.10,300 crore.
Among international funds, Motilal Oswal S&P 500 Index Fund has the highest AUM of over Rs.3200 crore.
Cafemutual Passives Research shows that UTI Nifty 50 Index Fund is the largest fund among large cap index funds having an AUM close to Rs. 14,600 crore in December 2023. HDFC Index Fund Nifty 50 Plan and HDFC Index S&P BSE Sensex Fund are the next two in the list with AUM of Rs.
HDFC Balanced Advantage Fund has the highest asset under management (AUM) among all equity and equity-oriented mutual fund schemes. The scheme manages assets of Rs 77,011.15 crore. The scheme has completed around 23 years in the market.
Cafemutual Passives Research shows that UTI Nifty 50 Index Fund is the largest fund among large cap index funds having an AUM close to Rs. 14,600 crore in December 2023. HDFC Index Fund Nifty 50 Plan and HDFC Index S&P BSE Sensex Fund are the next two in the list with AUM of Rs. 11,000 crore and Rs.
The rise of index funds has provided millions of Americans with a cheaper and more efficient way to invest. With more than $23 trillion in assets between them, BlackRock Inc., Vanguard Group Inc.and State Street Corp. have become the top shareholders in many US-listed companies.
A common misconception is that rich people pick stocks themselves, when in fact, wealthy investors are often putting their cash in index funds, ETFs, and mutual funds, Tu told MarketWatch Picks.
1. Vanguard S&P 500 ETF (VOO 0.27%) Legendary investor Warren Buffett has said that the best investment the average American can make is a low-cost S&P 500 index fund like the Vanguard S&P 500 ETF.
The largest investment management company worldwide by assets under management (AUM) as of 2022 was Blackrock reaching almost 9.5 trillion U.S. dollars in AUM.
The three most popular stock indexes for tracking the performance of the U.S. market are the Dow Jones Industrial Average (DJIA), S&P 500 Index, and Nasdaq Composite Index.
Why are S&P 500 index funds popular? S&P 500 index funds are popular in part because they can instantly diversify a portfolio. With a single asset, you are invested in 500 of the largest companies in the U.S., covering many types of industries and sectors.
Introduction: My name is Terrell Hackett, I am a gleaming, brainy, courageous, helpful, healthy, cooperative, graceful person who loves writing and wants to share my knowledge and understanding with you.
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