Largest PMS Schemes in India by AUM

AUM (Assets Under Management) is a rough proxy for institutional trust. Schemes that attract and retain thousands of crores tend to have longer track records, stronger operational infrastructure, and more concentrated analyst attention.

This list ranks the largest PMS schemes in India across all categories by current AUM. We include only schemes with at least 12 months of SEBI disclosure history, so newly-launched schemes that may temporarily spike in AUM are excluded.

Size is not a substitute for performance. A 10,000 Cr fund can underperform a 200 Cr one. Always combine AUM with return and risk metrics.