Maharashtra, New Delhi among top 10 states contributing the most to average AUM in September
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Contributors to AAUM
Total AAUM managed by the top 10 states was recorded at Rs 83.05 lakh crore as of September 2026. Check the top 10 states contributing the most to the total AAUM, according to a release by Franklin Templeton Mutual Fund.
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Top two contributors
Maharashtra and Delhi contributed Rs 33.10 lakh crore and Rs 7.78 lakh crore respectively in September. In September 2025, the states contributed Rs 31.53 lakh crore and Rs 6.27 lakh crore, respectively.
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Karnataka
Karnataka contributed Rs 5.90 lakh crore to the total AUM in September 2026 compared to a contribution of Rs 5.34 lakh crore in September 2025.
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Gujarat
Gujarat contributed Rs 5.74 lakh crore to the total AAUM in September 2026 compared to a contribution of Rs 5.50 lakh crore in September 2025.
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West Bengal
West Bengal contributed Rs 3.98 lakh crore to the total AAUM in September 2026 compared to a contribution of Rs 3.76 lakh crore in September 2025.
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Tamil Nadu and Uttar Pradesh
Tamil Nadu and Uttar Pradesh contributed Rs 3.71 lakh crore and Rs 3.62 lakh crore respectively to the total AAUM.
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Haryana
Haryana contributed Rs 2.22lakh crore to the total AAUM in September 2026 compared to a contribution of Rs 2.66 lakh crore in September 2025.
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Rajasthan and Telangana
Rajasthan and Telangana contributed Rs 1.64 lakh crore and Rs 1.50 lakh crore respectively to the total AAUM.
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Others
Other states contributed Rs 13.83 lakh crore to the total AAUM in September, compared to a contribution of Rs 12.66 lakh crore in September 2025.