A]        MUTUAL FUNDS INDUSTRY UNITHOLING PATTERN

 

From the data collected from the mutual funds, the following has been observed:-

 

i)                    As on March 31, 2010 there are a total number of 4.77 crores investors accounts (it is likely that there may be more than one folio of an investor which might have been counted more than once and actual number of investors would be less) holding units of Rs. 616,966.72 crores. Out of this total number of investors accounts, 4.63 crores are individual investors accounts, accounting for 97.07% of the total number of investors accounts and contribute Rs. 2,45,390.28 crores which is 39.77% of the total net assets.

 

ii)                  Corporate and institutions who form only 0.95% of the total number of investors accounts in the mutual funds industry, contribute a sizeable amount of Rs. 337,812.58 crores which is 54.75% of the total net assets in the mutual funds industry.

 

iii)                The NRIs and FIIs constitute a very small percentage of investors accounts (1.98%) and contribute Rs. 33,763.85 crores (5.47%) of net assets.

 

The details of unitholding pattern are given in the following table:

 

UNITHOLDING PATTERN OF MUTUAL FUNDS INDUSTRY(as on March 31, 2010)

CATEGORY

NUMBER OF INVESTORS

ACCOUNTS

% TO TOTAL INVESTORS

ACCOUNTS

NET ASSETS

(RS.CRORE)

% TO TOTAL NET ASSETS

Individuals

46,327,683

97.07%

245,390.28

39.77%

NRIs

943,482

1.98%

27,428.86

4.45%

FIIs

216

0.00%

6,335.00

1.03%

Corporates/ Institutions/ Others

452,330

0.95%

337,812.58

54.75%

TOTAL

47,723,711

100.00%

616,966.72

100.00%

 

 


B]    UNITHOLDING PATTERN – PRIVATE/PUBLIC SECTOR SPONSORED MUTUAL FUNDS

 

From the analysis of data on unitholding pattern of Private Sector Mutual Funds and Public Sector Sponsored Mutual Funds, the following observations are made:-

 

1.      Out of a total of 4.77 crore investors accounts in the mutual funds industry, (it is likely that there may be more than one folio of an investor which might have been counted more than once and therefore actual number of investors may be less) 3.12 crore investors accounts i.e. 65.41% of the total investors accounts are in private sector mutual funds whereas the 1.65 crore investors accounts i.e. 34.59% are with the public sector sponsored mutual funds which includes UTI Mutual Fund. 

 

2.      However, the private sector mutual funds manage 77.97% of the net assets whereas the public sector sponsored mutual funds own only 22.03% of the assets.

 

Details of unitholding pattern of private sector and public sector sponsored mutual funds are given in the following tables:

 

UNITHOLDING PATTERN OF PRIVATE SECTOR MFS(as on March 31, 2010)

CATEGORY

NUMBER OF INVESTORS ACCOUNTS

% TO TOTAL INVESTORS

ACCOUNTS

NET ASSETS

(RS.CRORE)

% TO TOTAL NET ASSETS

Individuals

30,041,859

96.24%

191,172.34

39.74%

NRIs

787,791

2.52%

24,703.76

5.13%

FIIs

211

0.00%

6,204.35

1.29%

Corporates/Institutions/Others

385,856

1.24%

258,997.02

53.84%

TOTAL

31,215,717

100.00%

481,077.47

100.00%

 

 

UNITHOLDING PATTERN OF PUBLIC SECTOR SPONSORED MFS (INCLUDING UTI MF ) (as on March 31, 2010)

CATEGORY

NUMBER OF INVESTORS

ACCOUNTS

% TO TOTAL INVESTORS

ACCOUNTS

NET ASSETS

(RS.CRORE)

% TO TOTAL NET ASSETS

Individuals

16,285,824

98.65%

54,217.94

39.90%

NRIs

155,691

0.95%

2,725.1

2.00%

FIIs

5

0.00%

130.65

0.10%

Corporates/ Institutions/ Others

66,474

0.40%

78,815.56

58.00%

TOTAL

16,507,994

100.00%

135,889.25

100.00%