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Indian (NIFTY) Asset Management Industry Analysis

UpdatedJan 09, 2026
DataAggregated Company Financials
Companies114
  • 7D-0.1%
  • 3M-6.3%
  • 1Y13.2%
  • YTDn/a

Over the last 7 days, the Asset Management industry has risen 1.3%, driven by gains from ICICI Prudential Asset Management of 1.3%. This takes the industry's 12 month performance to a gain of 11%. Looking forward, earnings are forecast to grow by 16% annually.

Industry Valuation and Performance

Has the Indian Asset Management Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 09 Jan 2026₹6.7t₹549.1b₹188.7b31x35.5x12.2x
Sun, 07 Dec 2025₹5.2t₹499.3b₹162.2b28.5x32.1x10.4x
Tue, 04 Nov 2025₹5.4t₹442.7b₹164.9b28.5x32.8x12.2x
Thu, 02 Oct 2025₹5.5t₹433.2b₹162.0b27.2x34.2x12.8x
Sat, 30 Aug 2025₹5.2t₹448.2b₹163.3b27.4x32.1x11.7x
Mon, 28 Jul 2025₹5.0t₹416.0b₹161.5b30.6x31.1x12.1x
Wed, 25 Jun 2025₹4.9t₹409.9b₹160.3b30.1x30.3x11.9x
Fri, 23 May 2025₹4.4t₹406.4b₹166.5b22.1x26.4x10.8x
Sun, 20 Apr 2025₹4.0t₹408.1b₹162.4b22.6x24.5x9.7x
Tue, 18 Mar 2025₹3.6t₹405.8b₹161.3b20.4x22x8.8x
Thu, 13 Feb 2025₹3.9t₹442.9b₹191.9b22.6x20.4x8.9x
Sat, 11 Jan 2025₹4.5t₹413.1b₹190.4b26.8x23.5x10.8x
Mon, 09 Dec 2024₹4.9t₹413.0b₹198.7b27.3x24.8x11.9x
Wed, 06 Nov 2024₹4.7t₹443.0b₹197.9b26.9x23.6x10.5x
Fri, 04 Oct 2024₹4.5t₹430.2b₹201.4b27x22.1x10.3x
Sun, 01 Sep 2024₹4.5t₹432.9b₹203.5b25.9x22.1x10.4x
Tue, 30 Jul 2024₹4.1t₹445.7b₹192.5b28.3x21.1x9.1x
Thu, 27 Jun 2024₹3.9t₹434.2b₹188.3b24.8x20.8x9x
Sat, 25 May 2024₹3.7t₹477.2b₹197.4b24.8x18.5x7.7x
Mon, 22 Apr 2024₹3.5t₹461.7b₹188.0b26.5x18.7x7.6x
Wed, 20 Mar 2024₹3.2t₹451.2b₹200.8b27.4x16.1x7.1x
Fri, 16 Feb 2024₹3.3t₹438.3b₹195.8b28.1x16.8x7.5x
Sun, 14 Jan 2024₹3.1t₹441.0b₹167.4b25.2x18.8x7.1x
Tue, 12 Dec 2023₹2.9t₹438.3b₹166.0b23.7x17.5x6.6x
Thu, 09 Nov 2023₹2.6t₹439.7b₹163.9b24.2x15.8x5.9x
Sat, 07 Oct 2023₹2.5t₹418.0b₹148.0b24.8x16.7x5.9x
Mon, 04 Sep 2023₹2.1t₹415.9b₹146.3b17.2x14.5x5.1x
Wed, 02 Aug 2023₹2.1t₹413.9b₹145.8b23.8x14.7x5.2x
Fri, 30 Jun 2023₹1.8t₹405.3b₹140.1b22.2x13.2x4.6x
Sun, 28 May 2023₹1.7t₹404.0b₹121.2b20.2x14.2x4.3x
Tue, 25 Apr 2023₹1.6t₹384.3b₹120.0b20.8x13.6x4.2x
Thu, 23 Mar 2023₹1.6t₹388.2b₹101.9b19.7x15.6x4.1x
Sat, 18 Feb 2023₹1.7t₹381.5b₹101.0b20.3x16.4x4.3x
Mon, 16 Jan 2023₹1.8t₹362.3b₹94.5b22.1x18.8x4.9x
Price to Earnings Ratio

18.8x


Total Market Cap: ₹1.8tTotal Earnings: ₹94.5bTotal Revenue: ₹362.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Asset Management Industry Price to Earnings3Y Average 21.8x202420252026
Current Industry PE
  • Investors are optimistic on the Indian Asset Management and Custody Banks industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 35.8x which is higher than its 3-year average PE of 21.8x.
  • The 3-year average PS ratio of 8.4x is lower than the industry's current PS ratio of 12.3x.
Past Earnings Growth
  • The earnings for companies in the Asset Management and Custody Banks industry have grown 26% per year over the last three years.
  • Revenues for these companies have grown 15% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does Indian Asset Management compare with similar industries?

IN Market-0.99%
Financials-0.16%
Capital Markets0.69%
Asset Management-0.12%
Financial Exchanges and Data3.71%
Investment Banking and Brokerage0.77%
Diversified Capital Markets-1.77%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
ANANDRATHI Anand Rathi Wealth₹3.15k2.1%
+₹5.5b		51.4%PE76x
ICICIAMC ICICI Prudential Asset Management₹2.66k0.1%
+₹1.3b		n/aPE49.7x
INDUSINVIT Indus Infra Trust₹119.132.3%
+₹1.2b		4.6%PE11x
530197 Fundviser Capital (India)₹221.759.8%
+₹116.8m		63.0%PE41.3x
531274 Kinetic Trust₹61.1727.6%
+₹44.4m		206.2%PE65.1x

Latest News

ABSLAMC
₹802.50
Aditya Birla Sun Life AMC
7D
-3.7%
1Y
2.6%
501298
₹5,470.00
Industrial And Prudential Investment
7D
0.3%
1Y
-8.5%
HDFCAMC
₹2,523.40
HDFC Asset Management
7D
-5.0%
1Y
31.3%

HDFCAMC: Upcoming Stock Split And Margin Strength Will Support Future Confidence

Analysts have nudged up their fair value estimate for HDFC Asset Management to ₹3,054 from ₹3,040, citing slightly higher expected profit margins and a modestly adjusted forward P/E assumption, while keeping growth expectations broadly similar. What's in the News Board meeting scheduled on Jan 14, 2026 to consider and approve unaudited standalone and consolidated financial results for the quarter and nine months ending Dec 31, 2025, subject to limited review by the statutory auditors (company filing).
CDSL
₹1,409.70
Central Depository Services (India)
7D
-3.9%
1Y
-11.6%
360ONE
₹1,140.90
360 One Wam
7D
-4.9%
1Y
1.0%

With EPS Growth And More, 360 One Wam (NSE:360ONE) Makes An Interesting Case

Jan 06
With EPS Growth And More, 360 One Wam (NSE:360ONE) Makes An Interesting Case
ANANDRATHI
₹3,145.40
Anand Rathi Wealth
7D
2.1%
1Y
51.4%

ANANDRATHI: Future Returns Will Likely Disappoint Despite Rich P E Assumptions

Analysts have raised their price target on Anand Rathi Wealth to ₹2,743.33 from ₹2,510, citing updated assumptions around the discount rate, revenue growth, profit margin and future P/E. What's in the News A board meeting is scheduled on 12 January 2026 to review and approve unaudited standalone and consolidated financial results for the third quarter and nine months ended 31 December 2025, after review by the Audit Committee (company filing).
531274
₹61.17
Kinetic Trust
7D
27.6%
1Y
206.2%
MAHSCOOTER
₹13,542.00
Maharashtra Scooters
7D
-4.9%
1Y
43.7%
530197
₹221.75
Fundviser Capital (India)
7D
9.8%
1Y
63.0%
ICICIAMC
₹2,664.80
ICICI Prudential Asset Management
7D
0.1%
1Y
n/a
530469
₹58.87
GSL Securities
7D
21.2%
1Y
75.7%
NAM-INDIA
₹878.90
Nippon Life India Asset Management
7D
-1.5%
1Y
31.7%

NAM-INDIA: Future Dividend Payouts Will Mask Rising Overvaluation Risk

Analysts have raised their price target on Nippon Life India Asset Management from ₹586.00 to approximately ₹759.00, reflecting expectations for stronger profit margins and a higher justified future earnings multiple, despite only modest tweaks to growth and discount-rate assumptions. What's in the News Board approves an interim dividend of INR 9 per equity share of Rs. 10 each, signaling confidence in cash flows and capital position (Board of Directors meeting, October 30, 2025).
544467
₹1,039.25
National Securities Depository
7D
-3.3%
1Y
n/a
INDUSINVIT
₹119.13
Indus Infra Trust
7D
2.3%
1Y
4.6%
543753
₹60.50
Dharni Capital Services
7D
2.0%
1Y
28.7%
501301
₹668.65
Tata Investment
7D
-4.9%
1Y
4.4%