Last Updated on June 23, 2021 at 10:27 am
This is a list of mutual funds that gained the most in AUM after the March 2020 market crash. To ensure we account for the fund inflow and not the fund returns, we compare the NAV and AUM on March 31st 2020 and May 31st 2021 and subtract the percentage change in NAV from the percentage change in AUM.
Among the top 15 funds, Parag Parikh Flexicap Fund is the only fund with an AUM of more than 125 Crores as of March 31st 2020. It’s AUM grew from Rs. 2448 Crores to 10,276 Crores in May 2021.
This is a 320% increase. If we discount the NAV increase of 98.6% during this period, the AUM has increased by about 221%, equivalent to an approximate inflow of about Rs. 5,400 crores. This is the fifth-highest increase in inflow.
About 46 mutual funds saw an increase in the inflow of at least Rs. 1000 cores during this period. These are the top 15. The SBI ETF inflow might be dominated by EPFO funds. The arbitrage fund aum might be from those who wish to wait out the volatility (need to see when the AUM increased the most in 2020 or 2021).
🔥Secure your future with our Robo-advisory tool trusted by over 3,500 investors and advisors. From effortless retirement planning to funding your children’s biggest dreams, turn your financial goals into reality. 🔥
Subscribe for money management solutions via email! (Link takes you to our email sign-up form) Join 32,000+ readers in our community.
👉 New Tool Alert! NaviPlan: A Privacy-Focused Multi-asset Tracker and Goal Planner 👈
- SBI-ETF Sensex Rs 11243 Crores (approx inflow)
- Axis Bluechip Fund Rs. 9816 Crores
- Kotak Equity Arbitrage Fund Rs. 9242 Crores
- Tata Arbitrage Fund Rs. 5667 Crores
- Parag Parikh Flexi Cap Fund Rs. 5414 Crores
- SBI-ETF Nifty 50 Rs. 5088 Crores
- Nippon India Arbitrage Fund Rs. 4672 Crores
- UTI-Sensex ETF Rs. 4558 Crores
- SBI Focused Equity Fund Rs. 4048 Crores
- Kotak Balanced Advantage Fund Rs. 3997 Crores
- L&T Arbitrage Opp Fund Rs. 3958 Crores
- Axis Midcap Fund Rs. 3932 Crores
- ICICI Pru Equity-Arbitrage Fund Rs. 3856 Crores
- UTI Flexi Cap Fund Rs. 3240 Crores
- Aditya Birla SL Arbitrage Fund Rs. 3116 Crores
PGIM India Midcap Opp Fund saw the biggest inflow among funds with at least Rs. 100 crores AUM as of March 31st 2020. Its AUM increased by 1212.43%, NAV by 141.77% and effective inflow by 1070.67% or about Rs. 1317 Crores. These are the top 15 funds with at least Rs. 100 Crores as of March 2020.
| Scheme Name | AUM change | Projected inflow (crores) |
| PGIM India Midcap Opp Fund | 1212% | 1318 |
| PGIM India Flexi Cap Fund | 950% | 895 |
| Tata Arbitrage Fund | 939% | 5667 |
| L&T Arbitrage Opp Fund | 788% | 3959 |
| ICICI Pru Technology Fund | 774% | 1990 |
| Canara Rob Bluechip Equity Fund | 761% | 2308 |
| SBI Technology Opp Fund | 452% | 462 |
| Tata Digital India Fund | 378% | 780 |
| DSP Healthcare Fund | 366% | 766 |
| DSP Quant Fund | 360% | 529 |
| Aditya Birla SL Digital India Fund | 326% | 620 |
| Mirae Asset Healthcare Fund | 322% | 834 |
| HDFC Multi-Asset Fund | 320% | 517 |
| Parag Parikh Flexi Cap Fund | 320% | 5414 |
If we remove the restriction of min AUM, the list is dominated by Quant mutual funds as we have recently discussed: Quant Active Fund Review. However, the actual inflow is small relative to established funds.
| Scheme Name | AUM change | Projected inflow (Crores) |
| Quant Small Cap Fund | 32844% | 499 |
| Quant Active Fund | 7730% | 576 |
| Quant Multi-Asset Fund | 5645% | 49 |
| Invesco India Nifty ETF | 3483% | 52 |
| Nippon India ETF Nifty 100 | 3441% | 177 |
| Quant Tax Plan | 2618% | 183 |
| Quant Infrastructure Fund | 2397% | 23 |
| Quant Absolute Fund | 2337% | 36 |
| Quant Consumption Fund | 2161% | 10 |
| ICICI Pru Commodities Fund | 2119% | 391 |
| IDFC Nifty ETF | 1415% | 17 |
| PGIM India Midcap Opp Fund | 1212% | 1318 |
| PGIM India Flexi Cap Fund | 950% | 895 |
| Tata Arbitrage Fund | 939% | 5667 |
| ICICI Pru Nifty Low Vol 30 ETF | 866% | 308 |
As a viewer pointed out on our Youtube channel, are these choices (particularly the low AUM funds) determined by recommendations from the direct plan and regular plan robo advisory portals? Food for thought!
Join 32,000+ readers and get free money management solutions delivered to your inbox! Subscribe to get posts via email! (Link takes you to our email sign-up form)
Use our Robo-advisory Tool to create a complete financial plan! More than 3,000 investors and advisors use this! Use the discount code robo25 for 20% off. Plan your retirement (early, normal, before, and after), plus non-recurring financial goals (such as child education) and recurring financial goals (such as holidays and appliance purchases). The tool helps anyone aged 18 to 80 plan for retirement, plus six non-recurring and four recurring financial goals, with a detailed cash flow summary.
🔥Join our community of 9000+ users! 🔥Avail massive discounts on our courses + freefincal investor circle!
Track your mutual funds and stock investments with our Google Sheet!
We also publish monthly equity mutual funds, debt and hybrid mutual funds, index funds, ETF screeners, as well as momentum and low-volatility stock screeners.
You can follow our articles on Google News
We have over 1,000 videos on YouTube!
Podcast: Let's Get RICH With PATTU! Every single Indian CAN grow their wealth!
You can watch podcast episodes on the OfSpin Media Friends YouTube Channel
- Do you have a comment about the above article? Reach out to us on Twitter: @freefincal or @pattufreefincal
- Have a question? Subscribe to our newsletter using the form below.
- Hit 'reply' to any email from us! We do not offer personalised investment advice. We can write a detailed article without mentioning your name if you have a generic question.
About The Author
Dr M. Pattabiraman (PhD) is the founder, managing editor and primary author of freefincal. He is an associate professor at the Indian Institute of Technology, Madras. He has over 14 years of experience publishing news analysis, research and financial product development.
Connect with him via Twitter(X) LinkedIn YouTube
Our flagship course! Learn to manage your portfolio like a pro to achieve your goals regardless of market conditions! More than 3,500 investors and advisors are part of our exclusive community! Get clarity on how to plan for your goals and achieve the necessary corpus no matter the market conditions! Watch the first lecture for free! One-time payment! No recurring fees! Lifelong access to videos! Reduce fear, uncertainty and doubt while investing! Learn how to plan for your goals before and after retirement with confidence.
Increase your income by getting people to pay for your skills! More than 900 salaried employees, entrepreneurs and financial advisors are part of our exclusive community! Learn how to get people to pay for your skills! Whether you are a professional or small business owner seeking more clients through online visibility, or a salaried individual looking for side or passive income, we will show you how to do it by showcasing your skills and building a community that trusts and pays you. (Watch the 1st lecture for free). One-time payment! No recurring fees! Lifelong access to videos!
Our book for kids: “Chinchu Gets a Superpower!” is now available!
Must-read book even for adults! This is something that every parent should teach their kids right from their young age. The importance of money management and decision making based on their wants and needs. Very nicely written in simple terms. - Arun.
Buy the book: Chinchu gets a superpower for your child!
How to profit from content writing: Our new ebook is for those interested in getting a side income via content writing. It is available at a 50% discount for Rs. 500 only!
We publish monthly mutual fund screeners and momentum, low-volatility stock screeners.
About freefincal & its content policy
Freefincal is a News Media organisation dedicated to providing original analysis, reports, reviews and insights on mutual funds, stocks, investing, retirement and personal finance developments. We do so without conflict of interest and bias. Follow us on Google News. Freefincal serves more than three million readers a year (5 million page views) with articles based only on factual information and detailed analysis by its authors. All statements made will be verified with credible and knowledgeable sources before publication. Freefincal does not publish paid articles, promotions, PR, satire or opinions without data. All opinions will be inferences backed by verifiable, reproducible evidence/data. Contact Information: To get in touch, please use our contact form. (Sponsored posts or paid collaborations will not be entertained.)Connect with us on social media
Our publications
You Can Be Rich Too with Goal-Based Investing
Gamechanger: Forget Startups, Join Corporate & Still Live the Rich Life You Want
Your Ultimate Guide to Travel
