New Delhi, March 5 -- Half of India's mutual fund investment comes from the top five cities of India, says a report by asset management firm Abakkus.

According to the report, Mumbai, Delhi, Bengaluru, Pune, and Kolkata are the top five cities that contribute about fifty per cent of mutual fund investments in India.

The data released by the report adds that with about 27.29 per cent of total Assets Under Management (AUM), Mumbai comes in first place. The city's total AUM stands at Rs 18.92 lakh crores.

National Capital Delhi stands second with 12.25 per cent of total AUM at Rs 8.5 lakh crore. Bengaluru stands third with a total AUM of 3.8 lakh crore or 5.48 per cent of the total investment in mutual funds.

Pune's share stands at 2.7 la...