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Indian (NIFTY) Asset Management Industry Analysis

UpdatedJul 11, 2026
DataAggregated Company Financials
Companies117
  • 7D-0.9%
  • 3M5.9%
  • 1Y7.2%
  • YTDn/a

Over the last 7 days, the Asset Management industry has remained flat, although notably Central Depository Services (India) gained 6.0%. As for the the longer term, the industry is up 7.2% over the past 12 months. 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 Jul 2026₹7.2t₹731.8b₹187.7b37.7x38.2x9.8x
Mon, 08 Jun 2026₹6.8t₹727.2b₹186.8b36.6x36.3x9.3x
Wed, 06 May 2026₹7.0t₹650.7b₹202.6b33.3x34.3x10.7x
Fri, 03 Apr 2026₹6.1t₹644.9b₹203.0b26.6x29.8x9.4x
Sun, 01 Mar 2026₹6.7t₹646.2b₹203.0b29.6x33x10.4x
Tue, 27 Jan 2026₹6.3t₹565.7b₹196.7b27.5x32.2x11.2x
Thu, 25 Dec 2025₹6.7t₹549.1b₹188.7b29.7x35.5x12.2x
Sat, 22 Nov 2025₹5.4t₹499.3b₹162.2b29.9x33.1x10.7x
Mon, 20 Oct 2025₹5.7t₹442.8b₹165.0b28.2x34.8x13x
Wed, 17 Sep 2025₹5.5t₹448.2b₹163.3b26.7x33.9x12.4x
Fri, 15 Aug 2025₹5.2t₹448.4b₹163.4b28x32.1x11.7x
Sun, 13 Jul 2025₹5.0t₹413.5b₹160.4b31.3x30.9x12x
Tue, 10 Jun 2025₹4.9t₹409.9b₹160.3b30x30.4x11.9x
Thu, 08 May 2025₹4.0t₹407.3b₹161.7b20.3x24.8x9.8x
Sat, 05 Apr 2025₹3.8t₹405.8b₹161.3b20.8x23.5x9.4x
Mon, 03 Mar 2025₹3.8t₹408.3b₹163.5b20.5x23x9.2x
Wed, 29 Jan 2025₹4.0t₹436.5b₹194.5b21.9x20.5x9.1x
Fri, 27 Dec 2024₹4.9t₹413.4b₹198.9b26.6x24.8x12x
Sun, 24 Nov 2024₹4.7t₹413.1b₹198.7b27x23.7x11.4x
Tue, 22 Oct 2024₹4.8t₹433.0b₹202.5b27.7x23.5x11x
Thu, 19 Sep 2024₹4.5t₹430.1b₹201.4b27.5x22.6x10.6x
Sat, 17 Aug 2024₹4.2t₹432.8b₹203.4b24.5x20.8x9.8x
Mon, 15 Jul 2024₹4.0t₹439.7b₹189.0b26.1x21.3x9.2x
Wed, 12 Jun 2024₹3.7t₹431.9b₹186.5b23.2x19.6x8.5x
Fri, 10 May 2024₹3.5t₹473.5b₹197.3b25.7x17.8x7.4x
Sun, 07 Apr 2024₹3.5t₹459.0b₹186.3b27.4x18.6x7.5x
Tue, 05 Mar 2024₹3.6t₹438.7b₹195.8b29.7x18.2x8.1x
Thu, 01 Feb 2024₹3.3t₹445.6b₹170.5b27x19.1x7.3x
Sat, 30 Dec 2023₹3.0t₹438.3b₹166.0b24.8x18.1x6.9x
Mon, 27 Nov 2023₹2.8t₹438.3b₹166.0b23.1x16.7x6.3x
Wed, 25 Oct 2023₹2.5t₹439.5b₹166.9b24.1x15.2x5.8x
Fri, 22 Sep 2023₹2.3t₹416.0b₹146.1b22x15.4x5.4x
Sun, 20 Aug 2023₹2.1t₹416.0b₹146.3b17.7x14.5x5.1x
Tue, 18 Jul 2023₹2.0t₹405.8b₹140.2b25.1x14.6x5x
Price to Earnings Ratio

14.6x


Total Market Cap: ₹2.0tTotal Earnings: ₹140.2bTotal Revenue: ₹405.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Asset Management Industry Price to Earnings3Y Average 24.9x202420252026
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 38.2x which is higher than its 3-year average PE of 24.9x.
  • The industry is trading close to its 3-year average PS ratio of 9.4x.
Past Earnings Growth
  • The earnings for companies in the Asset Management and Custody Banks industry have grown 10% per year over the last three years.
  • Revenues for these companies have grown 22% 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 Market0.26%
Financials0.42%
Capital Markets-0.46%
Asset Management-0.91%
Diversified Capital Markets1.04%
Investment Banking and Brokerage0.25%
Financial Exchanges and Data-0.39%
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
CDSL Central Depository Services (India)₹1.43k6.0%
+₹17.0b		-15.2%PE65.6x
ANANDRATHI Anand Rathi Wealth₹2.15k4.1%
+₹14.1b		94.1%PE76.7x
501301 Tata Investment₹693.354.0%
+₹13.5b		4.9%PE80.9x
360ONE 360 One Wam₹1.13k1.8%
+₹7.9b		-5.4%PE37.7x
KFINTECH KFin Technologies₹901.102.4%
+₹3.6b		-29.2%PE45.3x

Latest News

360ONE
₹1,129.00
360 One Wam
7D
1.8%
1Y
-5.4%
NAM-INDIA
₹1,212.70
Nippon Life India Asset Management
7D
-0.5%
1Y
50.7%
CDSL
₹1,431.90
Central Depository Services (India)
7D
6.0%
1Y
-15.2%
ANANDRATHI
₹2,146.80
Anand Rathi Wealth
7D
4.1%
1Y
94.1%
ABSLAMC
₹1,146.60
Aditya Birla Sun Life AMC
7D
-2.7%
1Y
35.8%
Narrative Update • Jul 10

ABSLAMC: Rich P/E Assumptions Will Likely Outrun Dividend Support

The analyst price target for Aditya Birla Sun Life AMC has been revised from ₹949.72 to ₹1,000.00, with analysts citing updated assumptions for the discount rate, revenue growth, profit margin, and future P/E to support the change. What's in the News for Aditya Birla Sun Life AMC A board meeting is scheduled for April 23, 2026 to consider and approve the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, and to consider a dividend recommendation on the equity shares of Aditya Birla Sun Life AMC.
UTIAMC
₹1,004.30
UTI Asset Management
7D
2.9%
1Y
-28.0%
Narrative Update • Jul 09

UTIAMC: Rich Future P/E And Dividend Payout Will Likely Cap Near-Term Upside

Analysts have adjusted UTI Asset Management's fair value estimate from ₹1,019.97 to ₹923.78, citing updated assumptions around discount rates, revenue growth, profit margins, and a modestly higher future P/E multiple. What’s in the News for UTI Asset Management A meeting of the board of directors is scheduled for July 22, 2026 to consider and approve the unaudited standalone and consolidated financial results for the quarter ending June 30, 2026, and to review other general and business matters.
KFINTECH
₹901.10
KFin Technologies
7D
2.4%
1Y
-29.2%
HDFCAMC
₹2,761.20
HDFC Asset Management
7D
-1.4%
1Y
7.9%
Narrative Update • Jul 07

HDFCAMC: Future Returns Will Balance Higher Margins With Moderating Revenue Assumptions

Analysts have lifted their price target for HDFC Asset Management to about ₹2,749 from roughly ₹2,168, citing updated assumptions on fair value, discount rate, revenue growth, profit margins and future P/E multiples in their refreshed models. What's in the News HDFC Asset Management has scheduled a board meeting on July 15, 2026, to consider and approve the unaudited standalone and consolidated financial results for the quarter ending June 30, 2026.
PRUDENT
₹2,983.20
Prudent Advisory Services
7D
-0.7%
1Y
13.0%
ICICIAMC
₹3,159.60
ICICI Prudential Asset Management
7D
-5.3%
1Y
n/a
Narrative Update • Jun 26

ICICIAMC: Index Additions And Updated Assumptions Will Guide Balanced Outlook

Analysts have raised their price target for ICICI Prudential Asset Management from ₹3,392 to ₹3,660, citing updated assumptions on fair value, discount rate, revenue growth, profit margin and future P/E, which together support a higher valuation framework. What's in the News ICICI Prudential Asset Management has a board meeting scheduled on May 21, 2026, to consider the intimation of the Annual General Meeting and the record date.
BFINVEST
₹487.25
BF Investment
7D
8.1%
1Y
-1.2%
MAHSCOOTER
₹13,139.00
Maharashtra Scooters
7D
1.0%
1Y
-8.2%
EDELWEISS
₹120.14
Edelweiss Financial Services
7D
-3.4%
1Y
5.4%
539177
₹513.75
Authum Investment & Infrastructure
7D
-2.1%
1Y
-2.3%
501301
₹693.35
Tata Investment
7D
4.0%
1Y
4.9%
544467
₹850.65
National Securities Depository
7D
-0.6%
1Y
n/a