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Indian (NIFTY) Asset Management Industry Analysis

UpdatedApr 11, 2026
DataAggregated Company Financials
Companies111
  • 7D11.9%
  • 3M3.6%
  • 1Y26.6%
  • YTDn/a

Over the last 7 days, the Asset Management industry has risen 12%, driven by gains from ICICI Prudential Asset Management of 19%. In the last 12 months, the industry was up 27%. 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
Sat, 11 Apr 2026₹6.8t₹646.0b₹203.3b29.5x33.3x10.5x
Mon, 09 Mar 2026₹6.4t₹646.2b₹203.0b29.3x31.5x9.9x
Wed, 04 Feb 2026₹6.7t₹569.7b₹198.7b28.8x33.8x11.8x
Fri, 02 Jan 2026₹6.7t₹549.1b₹188.7b31.1x35.6x12.2x
Sun, 30 Nov 2025₹5.4t₹499.3b₹162.2b29.9x33.1x10.8x
Tue, 28 Oct 2025₹5.7t₹442.7b₹164.9b28.5x34.5x12.8x
Thu, 25 Sep 2025₹5.5t₹448.2b₹163.3b27.5x33.9x12.4x
Sat, 23 Aug 2025₹5.9t₹483.5b₹166.8b28.6x35.4x12.2x
Mon, 21 Jul 2025₹5.2t₹413.5b₹160.8b31.1x32.2x12.5x
Wed, 18 Jun 2025₹4.8t₹409.9b₹160.3b30.3x29.7x11.6x
Fri, 16 May 2025₹4.3t₹413.4b₹168.1b21.1x25.6x10.4x
Sun, 13 Apr 2025₹3.8t₹406.3b₹161.4b21.2x23.3x9.3x
Tue, 11 Mar 2025₹3.6t₹405.8b₹161.3b21x22.3x8.9x
Thu, 06 Feb 2025₹4.3t₹435.1b₹192.8b24.1x22.1x9.8x
Sat, 04 Jan 2025₹5.0t₹413.6b₹199.1b26.7x25.3x12.2x
Mon, 02 Dec 2024₹4.8t₹413.0b₹198.7b27.2x23.9x11.5x
Wed, 30 Oct 2024₹4.5t₹436.8b₹197.9b25.4x23x10.4x
Fri, 27 Sep 2024₹4.6t₹430.2b₹201.4b28.2x22.8x10.7x
Sun, 25 Aug 2024₹4.5t₹432.9b₹203.5b25.4x21.9x10.3x
Tue, 23 Jul 2024₹3.9t₹443.5b₹191.1b27.5x20.6x8.9x
Thu, 20 Jun 2024₹3.8t₹431.9b₹186.5b26.1x20.4x8.8x
Sat, 18 May 2024₹3.6t₹477.1b₹197.4b26.5x18.3x7.6x
Mon, 15 Apr 2024₹3.5t₹459.5b₹186.4b26.8x18.7x7.6x
Wed, 13 Mar 2024₹3.4t₹451.2b₹200.8b28.1x17.1x7.6x
Fri, 09 Feb 2024₹3.3t₹441.5b₹168.4b31.1x19.5x7.4x
Sun, 07 Jan 2024₹3.1t₹438.3b₹166.0b25.1x18.5x7x
Tue, 05 Dec 2023₹2.9t₹438.3b₹166.0b23x17.3x6.5x
Thu, 02 Nov 2023₹2.5t₹440.7b₹167.2b23.6x15.1x5.7x
Sat, 30 Sep 2023₹2.3t₹415.9b₹146.1b24.2x15.9x5.6x
Mon, 28 Aug 2023₹2.1t₹416.0b₹146.3b17.6x14.5x5.1x
Wed, 26 Jul 2023₹2.1t₹408.7b₹142.2b24.5x14.7x5.1x
Fri, 23 Jun 2023₹1.8t₹405.3b₹140.1b21.9x13.1x4.5x
Sun, 21 May 2023₹1.7t₹390.3b₹116.8b21x14.3x4.3x
Tue, 18 Apr 2023₹1.6t₹387.0b₹100.6b21.2x16.1x4.2x
Price to Earnings Ratio

16.1x


Total Market Cap: ₹1.6tTotal Earnings: ₹100.6bTotal Revenue: ₹387.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Asset Management Industry Price to Earnings3Y Average 23.1x202420252026
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 33.3x which is higher than its 3-year average PE of 23.1x.
  • The 3-year average PS ratio of 9.0x is lower than the industry's current PS ratio of 10.5x.
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 19% 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 Market6.90%
Financials8.98%
Capital Markets12.51%
Asset Management11.94%
Investment Banking and Brokerage14.10%
Diversified Capital Markets13.57%
Financial Exchanges and Data12.20%
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
ICICIAMC ICICI Prudential Asset Management₹3.39k19.0%
+₹267.5b		n/aPE51.9x
HDFCAMC HDFC Asset Management₹2.62k11.5%
+₹116.0b		31.4%PE39x
NAM-INDIA Nippon Life India Asset Management₹955.2515.1%
+₹80.0b		73.3%PE42.2x
501301 Tata Investment₹665.5014.1%
+₹41.5b		7.9%PE82.6x
360ONE 360 One Wam₹1.01k8.4%
+₹32.0b		16.4%PE34.9x

Latest News

ANANDRATHI
₹3,578.50
Anand Rathi Wealth
7D
11.5%
1Y
98.8%
ICICIAMC
₹3,385.50
ICICI Prudential Asset Management
7D
19.0%
1Y
n/a
NAM-INDIA
₹955.25
Nippon Life India Asset Management
7D
15.1%
1Y
73.3%
360ONE
₹1,012.65
360 One Wam
7D
8.4%
1Y
16.4%

360ONE: Upcoming Results Review Will Support Earnings Strength And Further Upside

Analysts now place their fair value estimate for 360 One Wam at ₹1,354, compared with the prior ₹1,396.73, reflecting slightly adjusted assumptions on discount rate, revenue growth, profit margin and future P/E. What's in the News A board meeting is scheduled for April 21, 2026 to consider and approve standalone and consolidated unaudited or audited financial results for the quarter and financial year ended March 31, 2026 (company filing).
ABSLAMC
₹997.85
Aditya Birla Sun Life AMC
7D
8.8%
1Y
59.6%

ABSLAMC: Board Review And Revised Assumptions Will Shape Fair Outlook

Analysts have lifted the price target for Aditya Birla Sun Life AMC from about ₹914 to roughly ₹937, pointing to updated assumptions around discount rate, revenue growth, profit margin and forward P/E as key drivers of this change. What's in the News Board meeting scheduled for January 22, 2026, to review and approve the unaudited standalone financial results for the quarter ended December 31, 2025.
CDSL
₹1,303.40
Central Depository Services (India)
7D
9.9%
1Y
11.6%

CDSL: Lower Future P E Multiple Will Pressure Overstretched Shares

Analysts have trimmed their price target for Central Depository Services (India) from about ₹1,078 to roughly ₹1,041, linking the revision to updated assumptions around discount rates, revenue growth, profit margins and future P/E multiples. What's in the News Lexoraa Industries approved the appointment of CDSL to provide e voting services for its Extra Ordinary General Meeting scheduled after the March 9, 2026 board decision (client announcement).
HDFCAMC
₹2,619.30
HDFC Asset Management
7D
11.5%
1Y
31.4%

HDFCAMC: Upcoming Board Decisions Will Support Confidence In Future Prospects

Analysts have modestly trimmed their price target on HDFC Asset Management by ₹30 to ₹3,027.5, citing updated assumptions around the discount rate, revenue growth, profit margin and future P/E multiples. What's in the News A board meeting is scheduled for March 30, 2026 to consider granting Employee Stock Options and Performance-linked Stock Units under the Employees Stock Options and Performance-linked Stock Units Scheme 2025.
531274
₹42.18
Kinetic Trust
7D
-8.3%
1Y
n/a
544251
₹39.01
Share Samadhan
7D
-4.3%
1Y
-51.9%
531359
₹315.60
Shriram Asset Management
7D
-0.6%
1Y
-24.8%
539218
₹130.80
Saumya Consultants
7D
-10.2%
1Y
-10.6%
533095
₹5,735.90
Bengal & Assam
7D
-1.0%
1Y
-23.3%
511702
₹161.40
Yogi
7D
-1.2%
1Y
37.9%
501301
₹665.50
Tata Investment
7D
14.1%
1Y
7.9%
WELINV
₹1,292.50
Welspun Investments and Commercials
7D
-0.7%
1Y
65.5%
CAPINVIT
₹70.00
Capital Infra Trust
7D
-0.3%
1Y
-19.9%