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Indian (NIFTY) Asset Management Industry Analysis

UpdatedJan 06, 2026
DataAggregated Company Financials
Companies114
  • 7D1.8%
  • 3M-3.9%
  • 1Y12.0%
  • YTDn/a

Over the last 7 days, the Asset Management industry has risen 1.8%, driven by gains from Authum Investment & Infrastructure of 7.6%. This takes the industry's 12 month performance to a gain of 12%. As for the next few years, earnings are expected to grow by 16% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 06 Jan 2026₹6.8t₹549.1b₹188.7b31.1x35.9x12.3x
Thu, 04 Dec 2025₹5.2t₹499.3b₹162.2b29.3x32.3x10.5x
Sat, 01 Nov 2025₹5.4t₹438.6b₹163.2b28x32.9x12.2x
Mon, 29 Sep 2025₹5.4t₹448.2b₹163.3b26.4x33.1x12x
Wed, 27 Aug 2025₹5.4t₹448.2b₹163.3b27.8x33x12x
Fri, 25 Jul 2025₹5.1t₹414.6b₹161.2b30.5x31.8x12.4x
Sun, 22 Jun 2025₹4.8t₹409.9b₹160.3b30.1x29.7x11.6x
Tue, 20 May 2025₹4.5t₹413.4b₹168.1b22.1x26.5x10.8x
Thu, 17 Apr 2025₹3.9t₹406.3b₹161.4b22.8x24.3x9.6x
Sat, 15 Mar 2025₹3.6t₹405.8b₹161.3b20.6x22x8.8x
Mon, 10 Feb 2025₹4.2t₹433.3b₹193.0b23.1x21.8x9.7x
Wed, 08 Jan 2025₹4.7t₹413.1b₹190.4b26.9x24.8x11.4x
Fri, 06 Dec 2024₹4.9t₹413.0b₹198.7b27.2x24.7x11.9x
Sun, 03 Nov 2024₹4.7t₹443.0b₹197.9b26.4x24x10.7x
Tue, 01 Oct 2024₹4.5t₹430.2b₹201.4b28.6x22.4x10.5x
Thu, 29 Aug 2024₹4.5t₹432.9b₹203.5b25.7x22.3x10.5x
Sat, 27 Jul 2024₹4.0t₹445.2b₹192.2b28.4x21x9.1x
Mon, 24 Jun 2024₹3.8t₹434.2b₹188.3b25.7x20.3x8.8x
Wed, 22 May 2024₹3.6t₹477.2b₹197.5b25.8x18.3x7.6x
Fri, 19 Apr 2024₹3.5t₹459.5b₹186.4b26.5x18.9x7.7x
Sun, 17 Mar 2024₹3.3t₹451.2b₹200.8b27.5x16.7x7.4x
Tue, 13 Feb 2024₹3.2t₹444.7b₹167.8b30.3x19.1x7.2x
Thu, 11 Jan 2024₹3.1t₹438.3b₹166.0b25.1x18.6x7.1x
Sat, 09 Dec 2023₹2.9t₹438.3b₹166.0b23.3x17.4x6.6x
Mon, 06 Nov 2023₹2.6t₹439.6b₹165.6b23.9x15.5x5.8x
Wed, 04 Oct 2023₹2.4t₹418.0b₹148.0b24.4x16.3x5.8x
Fri, 01 Sep 2023₹2.1t₹416.0b₹146.3b17.2x14.6x5.1x
Sun, 30 Jul 2023₹2.1t₹413.9b₹145.8b24.1x14.4x5.1x
Tue, 27 Jun 2023₹1.8t₹405.3b₹140.1b22.1x13x4.5x
Thu, 25 May 2023₹1.7t₹394.5b₹120.0b21.1x13.9x4.2x
Sat, 22 Apr 2023₹1.6t₹384.3b₹120.0b20.7x13.6x4.2x
Mon, 20 Mar 2023₹1.6t₹388.2b₹101.9b19.3x15.3x4x
Wed, 15 Feb 2023₹1.7t₹381.3b₹100.2b20.4x16.7x4.4x
Fri, 13 Jan 2023₹1.8t₹362.0b₹94.4b22x18.7x4.9x
Price to Earnings Ratio

18.7x


Total Market Cap: ₹1.8tTotal Earnings: ₹94.4bTotal Revenue: ₹362.0bTotal 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 35.9x 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 Market1.84%
Financials2.22%
Capital Markets1.22%
Asset Management1.76%
Financial Exchanges and Data1.69%
Diversified Capital Markets0.0022%
Investment Banking and Brokerage-0.37%
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₹2.70k2.1%
+₹26.8b		n/aPE50.3x
539177 Authum Investment & Infrastructure₹3.15k5.0%
+₹25.5b		62.7%PE13.3x
NAM-INDIA Nippon Life India Asset Management₹890.103.2%
+₹17.4b		23.2%PE42.5x
EDELWEISS Edelweiss Financial Services₹114.356.7%
+₹6.7b		-8.9%PE24.8x
ABSLAMC Aditya Birla Sun Life AMC₹849.952.6%
+₹6.1b		3.6%PE25.3x

Latest News

539177
₹3,148.00
Authum Investment & Infrastructure
7D
5.0%
1Y
62.7%
ANANDRATHI
₹3,149.20
Anand Rathi Wealth
7D
1.9%
1Y
61.6%
360ONE
₹1,187.00
360 One Wam
7D
-0.4%
1Y
-2.5%

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
533316
₹469.45
STEL Holdings
7D
-9.6%
1Y
21.2%
UTIAMC
₹1,133.90
UTI Asset Management
7D
2.8%
1Y
-12.5%

UTIAMC Overly Rich Future P E Multiple Will Likely Cap Share Upside

Analysts have modestly raised their price target on UTI Asset Management to ₹1,019.97. This reflects slightly lower perceived risk, a firmer outlook on revenue growth, and a marginally stronger profit margin projection, even as future valuation multiples are trimmed.
ICICIAMC
₹2,695.60
ICICI Prudential Asset Management
7D
2.1%
1Y
n/a
HDFCAMC
₹2,622.10
HDFC Asset Management
7D
-0.3%
1Y
28.8%

Here's Why HDFC Asset Management (NSE:HDFCAMC) Has Caught The Eye Of Investors

Dec 27
Here's Why HDFC Asset Management (NSE:HDFCAMC) Has Caught The Eye Of Investors
KFINTECH
₹1,074.70
KFin Technologies
7D
-1.6%
1Y
-27.2%

KFINTECH: Future Mandates Will Support Margins And A Balanced Outlook

Analysts have modestly raised their price target on KFin Technologies to ₹1,130.00, citing slightly lower discount rates and marginally stronger expectations for revenue growth and profit margins, even as the projected future P E multiple edges down. What's in the News Board meeting scheduled on February 13, 2026 to consider and approve standalone and consolidated unaudited financial results for the quarter and nine months ending December 31, 2025 (company filing) Extraordinary shareholders meeting via postal ballot on December 18, 2025 to appoint Devang Gheewalla as Nominee Director, change the designation of Alok Chandra Misra to Non Executive Director, and approve remuneration for non executive independent directors (company notice) DCM Shriram approves change of Registrar and Share Transfer Agent from MCS to KFin Technologies, with a tripartite agreement and effective date to be notified to stock exchanges (client announcement) Muthoot Mercantile appoints KFin Technologies as Registrar and Share Transfer Agent to its 7th NCD public issue (client announcement) HPL Electric and Power engages KFin Technologies to provide remote and AGM e-voting services to its shareholders (client announcement) Valuation Changes Fair Value: unchanged at ₹1,130.00, indicating no revision to the intrinsic value estimate.
NAM-INDIA
₹890.10
Nippon Life India Asset Management
7D
3.2%
1Y
23.2%

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).
CDSL
₹1,457.00
Central Depository Services (India)
7D
1.6%
1Y
-17.2%

CDSL: Upcoming Results Review Will Guide View On Fairly Valued Outlook

Analysts have marginally reduced their price target on Central Depository Services (India) to ₹1,532.57 from ₹1,538.92, citing slightly lower expected fair value despite modest improvements in revenue growth assumptions and a small reduction in the discount rate. What's in the News A board meeting is scheduled for November 1, 2025, to review and approve the audited standalone and consolidated financial results for the quarter and half year ended September 30, 2025, including the statutory auditor's report (company filing).
PILANIINVS
₹5,084.00
Pilani Investment and Industries
7D
-2.0%
1Y
-2.7%
536773
₹980.05
Jindal Poly Investment and Finance
7D
-4.5%
1Y
17.3%
533095
₹6,645.35
Bengal & Assam
7D
-3.0%
1Y
-26.2%
EDELWEISS
₹114.35
Edelweiss Financial Services
7D
6.7%
1Y
-8.9%
ABSLAMC
₹849.95
Aditya Birla Sun Life AMC
7D
2.6%
1Y
3.6%

Investors Aren't Buying Aditya Birla Sun Life AMC Limited's (NSE:ABSLAMC) Earnings

Nov 12
Investors Aren't Buying Aditya Birla Sun Life AMC Limited's (NSE:ABSLAMC) Earnings
WELINV
₹1,251.80
Welspun Investments and Commercials
7D
-7.7%
1Y
33.9%