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Indian (NIFTY) Asset Management Industry Analysis

UpdatedMar 14, 2026
DataAggregated Company Financials
Companies112
  • 7D-2.7%
  • 3M-9.6%
  • 1Y26.0%
  • YTDn/a

Over the last 7 days, the Asset Management industry has dropped 1.9%, driven by declines in ICICI Prudential Asset Management and HDFC Asset Management of 3.9% and 4.9%, respectively. In contrast, Authum Investment & Infrastructure has gained 11%. In the past year, the industry has gained 28%. 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, 14 Mar 2026₹6.2t₹646.2b₹203.0b29.3x30.7x9.6x
Mon, 09 Feb 2026₹6.7t₹571.4b₹199.5b26.2x33.4x11.7x
Wed, 07 Jan 2026₹6.8t₹549.1b₹188.7b31.1x35.8x12.3x
Fri, 05 Dec 2025₹5.2t₹499.3b₹162.2b28.2x32.2x10.5x
Sun, 02 Nov 2025₹5.4t₹442.7b₹164.9b28.9x32.9x12.3x
Tue, 30 Sep 2025₹5.4t₹448.2b₹163.3b26.9x33.3x12.1x
Thu, 28 Aug 2025₹5.4t₹448.2b₹163.3b27.8x33x12x
Sat, 26 Jul 2025₹5.0t₹416.0b₹161.5b30.2x31.1x12.1x
Mon, 23 Jun 2025₹4.8t₹409.9b₹160.3b30.1x29.7x11.6x
Wed, 21 May 2025₹4.4t₹413.4b₹168.1b22x26.3x10.7x
Fri, 18 Apr 2025₹4.0t₹406.3b₹161.4b22.6x24.6x9.8x
Sun, 16 Mar 2025₹3.6t₹405.8b₹161.3b20.6x22x8.8x
Tue, 11 Feb 2025₹4.1t₹434.9b₹193.0b22.8x21.4x9.5x
Thu, 09 Jan 2025₹4.7t₹413.1b₹190.4b26.9x24.5x11.3x
Sat, 07 Dec 2024₹4.9t₹413.0b₹198.7b27.3x24.8x11.9x
Mon, 04 Nov 2024₹4.7t₹443.0b₹197.9b26.4x24x10.7x
Wed, 02 Oct 2024₹4.6t₹430.2b₹201.4b28.3x22.7x10.7x
Fri, 30 Aug 2024₹4.5t₹432.9b₹203.5b25.6x22x10.3x
Sun, 28 Jul 2024₹4.0t₹445.7b₹192.5b28.4x20.9x9x
Tue, 25 Jun 2024₹3.9t₹434.2b₹188.3b26.4x20.6x8.9x
Thu, 23 May 2024₹3.6t₹477.2b₹197.5b25.7x18.4x7.6x
Sat, 20 Apr 2024₹3.5t₹459.5b₹186.4b26.5x18.9x7.7x
Mon, 18 Mar 2024₹3.3t₹451.2b₹200.8b27.5x16.7x7.4x
Wed, 14 Feb 2024₹3.2t₹444.9b₹167.5b28x19.3x7.3x
Fri, 12 Jan 2024₹3.1t₹438.3b₹166.0b25.2x18.6x7.1x
Sun, 10 Dec 2023₹2.9t₹438.3b₹166.0b23.3x17.4x6.6x
Tue, 07 Nov 2023₹2.6t₹439.6b₹165.6b24.2x15.6x5.9x
Thu, 05 Oct 2023₹2.4t₹418.0b₹148.0b24.2x16.3x5.8x
Sat, 02 Sep 2023₹2.1t₹416.0b₹146.3b16.9x14.5x5.1x
Mon, 31 Jul 2023₹2.1t₹413.9b₹145.8b24.1x14.4x5.1x
Wed, 28 Jun 2023₹1.8t₹405.3b₹140.1b22.2x13.1x4.5x
Fri, 26 May 2023₹1.7t₹394.5b₹120.0b21.1x13.9x4.2x
Sun, 23 Apr 2023₹1.6t₹384.3b₹120.0b20.7x13.6x4.2x
Tue, 21 Mar 2023₹1.5t₹388.2b₹101.9b19.1x15.2x4x
Price to Earnings Ratio

15.2x


Total Market Cap: ₹1.5tTotal Earnings: ₹101.9bTotal Revenue: ₹388.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Asset Management Industry Price to Earnings3Y Average 22.8x202420252026
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 31.2x which is higher than its 3-year average PE of 22.7x.
  • The 3-year average PS ratio of 8.8x is lower than the industry's current PS ratio of 9.8x.
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 Market-4.42%
Financials-5.37%
Capital Markets-2.14%
Asset Management-2.70%
Financial Exchanges and Data-0.14%
Investment Banking and Brokerage-1.99%
Diversified Capital Markets-5.33%
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
539177 Authum Investment & Infrastructure₹477.8510.6%
+₹38.8b		63.0%PE11.2x
CRAMC Canara Robeco Asset Management₹238.405.5%
+₹2.5b		n/aPE23.3x
ABSLAMC Aditya Birla Sun Life AMC₹932.800.9%
+₹2.4b		57.8%PE26.5x
536773 Jindal Poly Investment and Finance₹1.23k11.9%
+₹1.4b		97.3%PE1.5x
531359 Shriram Asset Management₹296.704.4%
+₹211.6m		-25.5%PS44.8x

Latest News

360ONE
₹1,027.40
360 One Wam
7D
-3.5%
1Y
18.8%

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

Analysts have kept their fair value estimate for 360 One Wam steady at about ₹1,396.73 per share, with only small tweaks to assumptions such as the discount rate and future P/E supporting this unchanged price target view. What's in the News Board meeting scheduled for January 15, 2026, to review and approve standalone and consolidated unaudited financial results for the quarter ended December 31, 2025.
ABSLAMC
₹932.80
Aditya Birla Sun Life AMC
7D
0.9%
1Y
57.8%
539177
₹477.85
Authum Investment & Infrastructure
7D
10.6%
1Y
63.0%
536773
₹1,232.35
Jindal Poly Investment and Finance
7D
11.9%
1Y
97.3%
CDSL
₹1,176.50
Central Depository Services (India)
7D
-3.9%
1Y
9.9%

CDSL: Softer Margins And Board Review Will Signal Overstretched Shares

Analysts have trimmed their fair value estimate for Central Depository Services (India) to ₹1,078 from ₹1,139, reflecting slightly softer assumptions for revenue growth, profit margins, the discount rate and future P/E multiples. What's in the News Board meeting scheduled on January 31, 2026 to consider and approve the audited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025, along with the statutory auditor's report (Key Developments).
NAM-INDIA
₹823.65
Nippon Life India Asset Management
7D
-4.3%
1Y
57.0%

NAM-INDIA: Upcoming Shareholder Meetings Will Shape Bullish Long-Term Outlook

Analysts have slightly reduced their price target for Nippon Life India Asset Management from about ₹1,000.52 to ₹997.67, reflecting updated assumptions around discount rate, revenue growth, profit margin and future P/E that remain broadly in line with prior expectations. What's in the News Board meeting scheduled for January 29, 2026 at 15:35 Indian Standard Time to consider and approve unaudited financial results for the quarter ending December 31, 2025 (company event filing).
HDFCAMC
₹2,381.00
HDFC Asset Management
7D
-4.9%
1Y
27.8%

HDFCAMC: Upcoming Results Meeting Will Support Confidence In Future Prospects

Analysts have slightly reduced their price target for HDFC Asset Management from about ₹3,060 to roughly ₹3,058, reflecting minor adjustments to inputs such as the discount rate, long term revenue growth, profit margin assumptions and future P/E multiples. What's in the News A board meeting is scheduled for January 14, 2026, to review and approve unaudited standalone and consolidated financial results for the quarter and nine months ending December 31, 2025, subject to a limited review by the statutory auditors (Key Developments).
ANANDRATHI
₹3,039.30
Anand Rathi Wealth
7D
-5.0%
1Y
79.5%

ANANDRATHI: Future Returns Will Likely Stay Steady As Governance And GIFT Plans Evolve

Analysts have lifted their price target on Anand Rathi Wealth from ₹2,843 to ₹3,190, citing updated assumptions on fair value and P/E multiples while keeping revenue growth, profit margin and discount rate broadly in line with prior views. What's in the News Anand Rathi Wealth has incorporated a wholly owned subsidiary, Anand Rathi FME (IFSC) Private Limited, in GIFT City, Gujarat, with issued capital of ₹100,000 and business operations yet to commence (company filing).
ICICIAMC
₹2,879.70
ICICI Prudential Asset Management
7D
-3.9%
1Y
n/a

Long Term AUM Expansion And Digital Distribution Will Support A Stable Outlook

Catalysts About ICICI Prudential Asset Management ICICI Prudential Asset Management manages mutual funds and alternate investment products across equity, debt, hybrid, passive and portfolio management services for retail, NRI and institutional investors. What are the underlying business or industry changes driving this perspective?
531359
₹296.70
Shriram Asset Management
7D
4.4%
1Y
-25.5%
511571
₹124.30
Crescentis Capital
7D
5.4%
1Y
27.0%
509470
₹20,000.00
Bombay Oxygen Investments
7D
3.0%
1Y
-9.5%
501301
₹620.50
Tata Investment
7D
-3.3%
1Y
1.7%
WELINV
₹1,297.80
Welspun Investments and Commercials
7D
2.5%
1Y
58.4%
CRAMC
₹238.40
Canara Robeco Asset Management
7D
5.5%
1Y
n/a

Investors Aren't Entirely Convinced By Canara Robeco Asset Management Company Limited's (NSE:CRAMC) Earnings

Jan 22
Investors Aren't Entirely Convinced By Canara Robeco Asset Management Company Limited's (NSE:CRAMC) Earnings
MAHSCOOTER
₹12,629.00
Maharashtra Scooters
7D
-3.8%
1Y
35.6%