Top 10 Mutual Funds by Assets Under Management in October

Assets under management (AUM) is a crucial metric that reflects the total value of assets managed by a mutual fund. It provides insight into where investors are putting their money. Here are the top 10 mutual funds with the highest AUM as of October 2025, based on data from ACE MF.

Parag Parikh Flexi Cap Fund stands at the top with an AUM of Rs 1.25 lakh crore as of October 31, 2025. This fund is known for its flexibility in asset allocation, making it a popular choice among investors looking for a balance between growth and safety.

HDFC Balanced Advantage Fund, a balanced advantage fund, follows closely with an AUM of Rs 1.06 lakh crore. This fund aims to provide a mix of equity and debt investments to balance risk and return.

HDFC Flexi Cap Fund, another flexi cap fund, has an AUM of Rs 91,041 crore. It offers investors the flexibility to adjust its equity exposure based on market conditions, making it a versatile investment option.

HDFC Mid Cap Fund, the largest mid cap fund based on assets managed, has an AUM of Rs 89,383 crore. This fund focuses on mid-sized companies, providing exposure to a segment that often delivers high growth potential.

SBI Equity Hybrid Fund, an aggressive hybrid fund, has an AUM of Rs 81,951 crore. It combines equity and debt investments to offer a balanced portfolio with a higher equity allocation for growth.

ICICI Pru Large Cap Fund, the largest large cap fund based on assets managed, has an AUM of Rs 75,863 crore. This fund invests primarily in large, well-established companies, making it a stable and reliable investment option.

Kotak Arbitrage Fund, an arbitrage fund, has an AUM of Rs 72,279 crore. It aims to capitalize on price discrepancies between different markets, offering a low-risk investment strategy.

Nippon India Small Cap Fund, the largest small cap fund based on assets managed, has an AUM of Rs 68,969 crore. This fund focuses on small-sized companies, providing exposure to a segment with high growth potential.

ICICI Pru Balanced Advantage Fund, a balanced advantage fund, has an AUM of Rs 68,449 crore. It offers a diversified portfolio of equity and debt investments to balance risk and return.

Kotak Midcap Fund, the 10th largest fund, has an AUM of Rs 67,000 crore. This fund focuses on mid-sized companies, providing exposure to a segment that often delivers high growth potential.

These top 10 mutual funds represent where investors are placing their trust and money, reflecting the current trends and preferences in the investment landscape.