HDFC Mutual Fund's AUM sees Rs 2800 cr growth in January; SBI, Infosys, HDFC Bank among top 10 holdings—Details here

HDFC Mutual Fund assets under management (AUM) grew marginally by 0.67% month on month in January 2022. The assets under management of the third largest mutual fund after SBI Mutual Fund and ICICI Prudential Mutual Fund saw marginal increase of Rs 28 bn. Against an AUM of Rs 4,161 bn in December, HDFC MF assets under management came at Rs 4,189 bn in January, as per Edelweiss Fund Insight 

The third largest mutual fund boasts of Rs 4,41,665 crore AUM till January 31, 2022 against Rs 6,44,390 crore and Rs 4,87,665 crore of SBI and ICICI Prudential mutual funds. As of January 2022, HDFC runs 80 schemes against 143 schemes run by SBI MF and 136 by ICICI Pru.  

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In terms of returns generated in one year, HDFC Small Cap Fun-Reg (G) is the most successful scheme of this mutual fund with over 35 % return.  

State Bank of India, ICICI Bank, Infosys, HDFC Bank and Reliance Industries were among top 10 stocks with maximum holdings by HDFC Mutual Fund in January.  

Source: Edelweiss Fund Insight

Major additions of HDFC Mutual Fund in January included Reliance Industries Limited (Rs 3.66bn), Dr Reddy's Laboratories (Rs 2.7bn) and SBI Life Insurance (Rs 2.4 bn), while prominent reductions were Infosys, SBI and Tata Motors. 

Source: Edelweiss Fund Insight

HDFC Mutual Fund made complete exit from 4 new stocks, while added equal number of stocks in January.  Top buy was AGS Transact Technologies, while CE InfoSystems was the stock where the mutual fund completely exited with maximum value.   

Source: Edelweiss Fund Insight

At Rs 6,225bn, SBI Mutual Fund had the biggest aum size in January.  SBI Mutual Fund stood at Rs 6,174 in December 2021. The month-on-month change was 0.83%.  

Class wise, HDFC Mutual Fund has maximum exposure of Rs 31,759 crore in Equity-mid-cap funds, which is followed by Equity Flexi Cap Fund and Equity Large Cap Fund at AUM of Rs 27,924 crore and 21,405 crore as on January 31, 2022, showed Stock Edge data.