SBI Mutual Fund remains India’s largest asset management company, managing assets of around ₹12.5-13 trillion and commanding a market share of roughly 15-16%, according to the latest Amfi data available for mid-2026. It is followed by ICICI Prudential Mutual Fund, HDFC Mutual Fund, Nippon India Mutual Fund, Kotak Mahindra Mutual Fund, UTI Mutual Fund and Axis Mutual Fund.