Combined assets under management (AUM) of 30 fund houses rose over Rs 24,017 crore during April to report a total of Rs 3,50,441 crore in April this year as against Rs 3,26,425 crore in March, according to latest figures released by the Association of Mutual Funds in India (Amfi).

Reliance MF retains its position as the country’s largest fund house having assets of over Rs 48,000 crore. The company’s AUM rose to Rs 48,828 crore in April, gaining Rs 2,521 crore over Rs 46,307 crore last month.

Besides, ICICI Prudential MF posted a higher growth of over 11 per cent to Rs 42,268 crore maintaining a second position among fund houses for the month. In terms of average AUMs in April as well, Reliance MF remained ahead at Rs 49,861.90 crore while ICICI Pru stood at Rs 42,444.53 crore. Public sector fund house UTI MF was at the third slot with AUMs of Rs 35,517 crore, which fell about Rs 66 crore from last month. HDFC MF and Franklin Templeton Investments, the other two funds among the top five, gained over 11 per cent in their respective AUMs over the last month. HDFC MF’s AUMs stood at Rs 31,485 crore followed by Franklin Templeton at Rs 24,510 crore in April.

THE TOP FIVE

• Reliance Mutual Fund

• ICICI Prudential MF

• UTI MF

• HDFC MF

• Franklin Templeton Investments