Aditya Birla Sun Life AMC Ltd · ABSLAMC
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—
—
—
—
₹314 Cr
₹297 Cr
₹311 Cr
₹335 Cr
₹341 Cr
₹366 Cr
₹387 Cr
₹424 Cr
₹445 Cr
₹429 Cr
₹447 Cr
₹461 Cr
₹478 Cr
₹458 Cr
₹463 Cr
20-quarter listed-company comparison
Finance - AMC Stocks in India
Finance - AMC: ICICI Prudential Asset Management Co Ltd owns the largest revenue base; Nippon Life India Asset Management Ltd has the fastest current growth.
The 6 Finance - AMC companies listed in India are ICICI Prudential Asset Management Co Ltd (₹1.5 L Cr, the largest), HDFC Asset Management Company Ltd, Nippon Life India Asset Management Ltd and 3 more. 2 of 4 covered companies beat NIFTY 500 on relative strength. Readings are as of 17 Sep 2026.
All 6 Finance - AMC Stocks in India (Sep 2026) — ranked by 4-Factor score
- 1Nippon Life India Asset Management Ltd₹76.1K Cr60.1/100Mixed-positive evidence · strongest on profit growth and relative strength versus sector
- 2Canara Robeco Asset Management Company Ltd₹4.8K Cr53.6/100Mixed-positive evidence · strongest on ROA and P/BV divided by ROE
- 3Aditya Birla Sun Life AMC Ltd₹32.1K Cr47.2/100Mixed-negative evidence · strongest on relative strength versus sector and relative strength versus the benchmark
- 4HDFC Asset Management Company Ltd₹1.0 L Cr46.3/100Mixed-negative evidence · strongest on income growth and profit growth
- 5UTI Asset Management Company Ltd₹11.7K Cr34.5/100Adverse evidence · strongest on own-history P/BV and sector-relative P/BV
- 6ICICI Prudential Asset Management Co Ltd₹1.5 L Cr40.3/100Thin evidence · provisional · strongest on ROE and profitable quarters
Ranked by the 4-Factor Sector Score (growth & earnings 35, capital efficiency 25, valuation 20, relative strength 20). Prices as of 11 Sep 2026. Not investment advice.
01 · the index people search for
Nifty Finance - AMC Index — Constituents & Performance
All 6 listed Indian Finance - AMC companies are named here, largest first — the same constituent set people search for as the Nifty Finance - AMC index. Every figure is equal-weighted across those companies and carries its own as-of date. One large constituent cannot set the reading.
02 · the sector itself · before any single company
How has Finance - AMC moved against NIFTY 500?
The line below covers up to 5.2 years and opens on the 5Y view; the buttons cut it shorter. Over the most recent two of them this sector is 25% ahead of NIFTY 500. Earnings across its companies grew 7% on average over the last four reported quarters — close to flat.
TURNING · ahead 1w✓Price up, without the fundamentals confirming1 of 6 companies ahead of NIFTY 500 by 5% or more over three months
RS ↑1w · 2/6 >200d (−1) · 1/6 lead (+1) · EPS 4/6↑
Finance - AMC, equal-weighted, based at 200
NIFTY 500, same base, same start
trailing 12-month earnings per share rising
falling
Finance - AMC, equal-weighted, based at 200
NIFTY 500, same base, same start
trailing 12-month earnings per share rising
falling
Finance - AMC, equal-weighted, based at 200
NIFTY 500, same base, same start
trailing 12-month earnings per share rising
falling
Both lines start at 200 in the same week, so the distance between them is the whole story: the sector line is an equal-weighted index of its 6 companies. The bars underneath are trailing 12-month earnings per share, one bar per reported quarter, each member rebased to 100 at the start and the sector taking the median — so a price line pulling away from flat bars is a re-rating, not earnings. A bar turns red when that figure is lower than the quarter before. Rules are fixed and applied identically everywhere on this site: ahead by 5% or more over three months, or behind by 20% or more over a year while earnings grew 20% or more. Hover any point to read both values and the gap. This is a description of what the numbers did, not advice.
03 · sector relative strength, before individual stocks
Is Finance - AMC outperforming NIFTY 500?
Finance - AMC has outperformed NIFTY 500 by 5% over the last 52 weeks. Over 13 weeks the gap is a lead of 0.8%. 2 of 4 covered companies currently beat NIFTY on Mansfield relative strength, so leadership inside the sector is selective. Nippon Life India Asset Management Ltd is the strongest against the sector itself at +17.7%.
+0.8%Sector vs NIFTY 500 · 13 weeks
+5.0%Sector vs NIFTY 500 · 52 weeks
2/4Stocks leading NIFTY 500
2/4Stocks leading sector
Sector metric: 11.9 as of 2026-08-22 · LEADERS · rising.
The central tension: the companies with the most scale are not necessarily the companies creating the most change.
Start with scale. Then earnings trajectory. Then business quality. Only after those three agree should price leadership carry much weight.
Bottom line
Finance - AMC has outperformed NIFTY 500 by 5% over 52 weeks and 0.8% over 13 weeks. 2 of 4 covered companies beat NIFTY on Mansfield relative strength, while 2 of 4 beat the sector itself. ICICI Prudential Asset Management Co Ltd leads with income of ₹6,041 crore, based on 6 of 6 comparable companies through Jun 2026.
Companies
6
complete canonical membership
Combined market value
₹3.8 L Cr
ICICI Prudential Asset Management Co Ltd
Revenue growing
5/6
positive TTM year-on-year growth
Beating NIFTY 500
2/4
positive Mansfield relative strength
Comparing 5 of 6
04 · research priority, made explicit
4-Factor Sector Score
An additive sector-relative research score. The four displayed point contributions always equal the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or stale evidence is absorbed inside the affected factor, never applied as a hidden adjustment.
Growth & earnings · 35%Capital efficiency · 25%Valuation · 20%Relative strength · 20%
Nippon Life India Asset Management Ltd has the strongest current balance of earnings trajectory, business quality, valuation and price confirmation, with 66.6% evidence confidence.
Aditya Birla Sun Life AMC Ltd has stronger price confirmation than earnings confirmation; that is a research prompt, not permission to chase.
How this score is built, and what the marks mean
Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. Financial companies use P/BV÷ROE and asset quality; PEG, industrial OPM and ROCE are excluded. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step curve the sector itself is placed on — basing, turning, breaking out, leader, fading, asleep — read from how many weeks running it has led NIFTY 500 and whether that lead is widening or shrinking. It describes where the PRICE stands, not the earnings trajectory and not a recommendation, and it is left blank for a company whose weekly history is too short or too stale to read.
| Company | Score | Price stage | Growth & earnings/35 | Capital efficiency/25 | Valuation/20 | Relative strength/20 |
|---|---|---|---|---|---|---|
| 1Nippon Life India Asset Management LtdNAM-INDIA | 60.1/100Mixed-positive evidence67% evidence | LEADER | 26.0/35 Income 23% · PAT 21.3% 52% evidence | 15.4/25 ROA — · ROE 34.5% · GNPA — 34% evidence | 0.6/20 P/BV 16.3× · P/BV÷ROE 0.47 100% evidence | 18.1/20 RS sector 17.7% · RS bench 22.2% · 1Y 49.1%9 of 12 weeks ahead 100% evidence |
| Exact sum: 26 + 15.4 + 0.6 + 18.1 = 60.1 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 2Canara Robeco Asset Management Company LtdCRAMC | 53.6/100Mixed-positive evidence62% evidence | ASLEEP | 13.3/35 Income 13% · PAT 9% 86% evidence | 18.3/25 ROA 24.9% · ROE 30.3% · GNPA — 72% evidence | 12.0/20 P/BV 6.39× · P/BV÷ROE 0.21 70% evidence | 10.0/20 RS sector — · RS bench — · 1Y —1 of 10 weeks ahead 0% evidence |
| Exact sum: 13.3 + 18.3 + 12 + 10 = 53.6 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 3Aditya Birla Sun Life AMC LtdABSLAMC | 47.2/100Mixed-negative evidence67% evidence | TURNING | 14.7/35 Income 6.6% · PAT 3.7% 52% evidence | 12.8/25 ROA — · ROE 25.2% · GNPA — 34% evidence | 5.2/20 P/BV 7.93× · P/BV÷ROE 0.32 100% evidence | 14.5/20 RS sector 16.3% · RS bench 20.5% · 1Y 34%4 of 12 weeks ahead 100% evidence |
| Exact sum: 14.7 + 12.8 + 5.2 + 14.5 = 47.2 · Decision use: Price leads the evidence: RS versus the benchmark is 20.5%, but earnings trajectory is weak. Wait for revenue and profit confirmation. | ||||||
| 4HDFC Asset Management Company LtdHDFCAMC | 46.3/100Mixed-negative evidence61% evidence | BASING | 22.1/35 Income 15.3% · PAT 13.2% 52% evidence | 14.6/25 ROA — · ROE 32.9% · GNPA — 34% evidence | 5.9/20 P/BV 11.18× · P/BV÷ROE 0.34 70% evidence | 3.7/20 RS sector -11.5% · RS bench -7.7% · 1Y -13.7%1 of 12 weeks ahead 100% evidence |
| Exact sum: 22.1 + 14.6 + 5.9 + 3.7 = 46.3 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 5UTI Asset Management Company LtdUTIAMC | 34.5/100Adverse evidence61% evidence | BASING | 9.7/35 Income 1.6% · PAT -35.3% 52% evidence | 9.6/25 ROA — · ROE 10.3% · GNPA — 34% evidence | 12.2/20 P/BV 2.6× · P/BV÷ROE 0.25 100% evidence | 3.0/20 RS sector -17.9% · RS bench -11.6% · 1Y -31.3%0 of 10 weeks ahead 70% evidence |
| Exact sum: 9.7 + 9.6 + 12.2 + 3 = 34.5 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 6ICICI Prudential Asset Management Co LtdICICIAMC | 40.3/100Thin evidence · provisional41% evidence | ASLEEP | 10.0/35 Income -3.9% · PAT 1.5% 52% evidence | 16.3/25 ROA — · ROE 85.8% · GNPA — 34% evidence | 4.0/20 P/BV 36.04× · P/BV÷ROE 0.42 70% evidence | 10.0/20 RS sector — · RS bench — · 1Y —1 of 12 weeks ahead 0% evidence |
| Exact sum: 10 + 16.3 + 4 + 10 = 40.3 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
05 · what price has already done
Market action
Nippon Life India Asset Management Ltd has the strongest one-year price move in Finance - AMC at +49.1%. It also leads on Mansfield relative strength against NIFTY at +22.2%. 2 of 4 covered companies are above zero on that measure. Every line covers 313 weekly closes through 2026-09-11.
Price and relative strength
Every company, the sector's own index and NIFTY 500 all start level on the left edge of the window, so only the distance between the lines counts — the highest line has risen the most since then, and the chart at the top of this page is drawn the same way. It opens on one year; the buttons beside it stretch that to three or five.
How far ahead of or behind NIFTY 500 each company has been running, measured against its own recent average of that comparison, so the flat line at zero IS NIFTY 500: above it the company is beating the market, below it the market is beating the company. It opens on one year.
The same measure taken against Finance - AMC itself instead of the whole market, so the flat line at zero is the sector: above it the company is beating its own peers, which is the sharper test of the two. It opens on one year.
06 · the story behind the numbers
Finance - AMC — the story behind the numbers
This is the written read behind the Finance - AMC figures above — what is actually happening in the sector, in words, with the evidence each claim rests on. It is dated 22 Jul 2026. 4 themes are live here, 1 of them rated high severity.
The sector exhibits structural growth via AUM scaling and product mix shifts, offset by regulatory margin pressure. Operating leverage remains intact across major players. Verdict is BULLISH based on catalyst density outweighing regulatory risks.
The AMC sector displayed mixed financial outcomes for Q4 FY26, with top-line expansion remaining consistent while bottom-line growth diverged. Revenue growth YoY averaged 18.25% across HDFCAMC and ICICIAMC, supported by AUM scaling. However, PAT growth varied from -2% at HDFCAMC to +10.4% at ICICIAMC, driven by non-operating items.
How old this read is: This read comes from our Finance - AMC sector brief dated 22 Jul 2026 — 57 days old. The numbers above it are newer than the words here.
What is live in this sector right now
| Live theme | Severity | Evidence on file |
|---|---|---|
| TER rationalization and brokerage limits impacting yields.Named for HDFCAMC, ICICIAMC | high | “The impact for the industry as a whole is definitely material. So active equity-oriented mutual fund industry is at INR44 trillion and 5 basis points on that comes to about INR2,200 crores.” Optimizing alpha and identifying steps to crystallize impact. |
| Mark-to-market losses on investment book.Named for ICICIAMC | medium | “We have recorded a negative other income of INR0.89 billion for the quarter ended March 2026 due to mark-to-market impact.” Focus on core operating profit. |
| Exit of key fund management personnel.Named for HDFCAMC | medium | “But let's say, since the time this news regarding Roshi exiting the company and some of the funds kind of being in a transitionary phase has been floating around.” Allocated schemes within experienced team. |
| Global uncertainty could subdue equity returns.Named for ICICIAMC | low | “Given that the geopolitical uncertainty still persists... our AMC has been always positioned as a relatively defensive AMC.” Positioning as defensive AMC. |
Sources: our Finance - AMC sector brief, 22 Jul 2026 · company earnings-call transcripts.
07 · compare level, then change
Income Scale & Growth Durability
ICICI Prudential Asset Management Co Ltd has the highest Income among the 6 Finance - AMC companies compared here, at ₹6,041 crore. HDFC Asset Management Company Ltd is next at ₹4,254 crore. Nippon Life India Asset Management Ltd has the highest Income growth at 23%, so level and change sit with different companies.
What the numbers say: ICICI Prudential Asset Management Co Ltd is the scale leader at ₹6,041 crore, 42% ahead of HDFC Asset Management Company Ltd. Nippon Life India Asset Management Ltd's growth is 23% from a ₹2,869 crore base, with 15 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale.
LeaderICICI Prudential Asset Management Co Ltd · ₹6,041 crore
Gap42% versus #2 · HDFC Asset Management Company Ltd
Persistence3/4 recent comparable periods
Coverage6/6 companies · 78 observations
Investor read: ICICI Prudential Asset Management Co Ltd is the scale benchmark; Nippon Life India Asset Management Ltd is the acceleration watch. Promote the challenger only if growth persists and converts into margin and returns.
This conclusion weakens if: ICICI Prudential Asset Management Co Ltd's growth falls below Nippon Life India Asset Management Ltd's for two consecutive comparable reports while operating margin also compresses.
For lenders, reported income is used instead of industrial-company sales. Growth is compared year-on-year.
Incomelargest
Income growthfastest growers
Income · company comparison
6/6 level · 6/6 change
On every company-comparison chart on this page: solid lines show level, dotted lines show change when “Both” is selected, and a missing report breaks the line rather than being invented.
All-company data · latest reported quarter
In every all-company table on this page, each figure is the company’s latest single reported quarter. The rankings above them use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
| Company | Income | Income growth | Reported |
|---|---|---|---|
| ICICI Prudential Asset Management Co Ltd ICICIAMC | ₹1.6K Cr | 18% | Jun 2026 |
| HDFC Asset Management Company Ltd HDFCAMC | ₹1.1K Cr | 14% | Jun 2026 |
| Nippon Life India Asset Management Ltd NAM-INDIA | ₹767 Cr | 26% | Jun 2026 |
| UTI Asset Management Company Ltd UTIAMC | ₹584 Cr | 6.8% | Jun 2026 |
| Aditya Birla Sun Life AMC Ltd ABSLAMC | ₹463 Cr | 3.6% | Jun 2026 |
| Canara Robeco Asset Management Company Ltd CRAMC | ₹145 Cr | 20% | Jun 2026 |
Full 20-quarter history · every available company
Income · reported quarter history
Canara Robeco Asset Management Company Ltd · CRAMC
—
—
—
—
—
—
—
—
—
—
₹96 Cr
₹102 Cr
₹104 Cr
₹97 Cr
₹101 Cr
₹121 Cr
₹108 Cr
₹121 Cr
₹104 Cr
₹145 Cr
HDFC Asset Management Company Ltd · HDFCAMC
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—
—
—
—
₹560 Cr
₹541 Cr
₹575 Cr
₹643 Cr
₹671 Cr
₹695 Cr
₹775 Cr
₹887 Cr
₹935 Cr
₹901 Cr
₹968 Cr
₹1.0K Cr
₹1.1K Cr
₹1.1K Cr
₹1.1K Cr
ICICI Prudential Asset Management Co Ltd · ICICIAMC
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—
—
—
—
—
—
—
—
—
—
—
₹2.5K Cr
₹1.2K Cr
₹1.3K Cr
₹1.3K Cr
₹1.4K Cr
₹1.5K Cr
₹1.5K Cr
₹1.6K Cr
Nippon Life India Asset Management Ltd · NAM-INDIA
—
—
—
—
—
₹354 Cr
₹348 Cr
₹354 Cr
₹397 Cr
₹423 Cr
₹468 Cr
₹505 Cr
₹571 Cr
₹588 Cr
₹567 Cr
₹607 Cr
₹658 Cr
₹705 Cr
₹739 Cr
₹767 Cr
UTI Asset Management Company Ltd · UTIAMC
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—
—
—
—
₹295 Cr
₹301 Cr
₹468 Cr
₹404 Cr
₹449 Cr
₹416 Cr
₹529 Cr
₹538 Cr
₹418 Cr
₹376 Cr
₹547 Cr
₹419 Cr
₹517 Cr
₹390 Cr
₹584 Cr
Income growth · reported quarter history
Aditya Birla Sun Life AMC Ltd · ABSLAMC
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—
—
—
—
—
—
—
—
8.6%
23%
24%
27%
31%
17%
16%
8.7%
7.4%
6.8%
3.6%
Canara Robeco Asset Management Company Ltd · CRAMC
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—
—
—
—
—
—
—
—
—
—
—
—
—
5.2%
19%
3.9%
25%
3.0%
20%
HDFC Asset Management Company Ltd · HDFCAMC
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—
—
—
—
—
—
—
—
20%
28%
35%
38%
39%
30%
25%
16%
15%
17%
14%
ICICI Prudential Asset Management Co Ltd · ICICIAMC
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—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
-42%
23%
22%
18%
Nippon Life India Asset Management Ltd · NAM-INDIA
—
—
—
—
—
—
—
—
—
19%
34%
43%
44%
39%
21%
20%
15%
20%
30%
26%
UTI Asset Management Company Ltd · UTIAMC
—
—
—
—
—
—
—
—
—
52%
38%
13%
33%
-6.9%
-9.6%
3.4%
-22%
24%
3.7%
6.8%
08 · compare level, then change
Profit Scale & Acceleration
ICICI Prudential Asset Management Co Ltd has the highest Net profit among the 6 Finance - AMC companies compared here, at ₹3,486 crore. HDFC Asset Management Company Ltd is next at ₹2,947 crore. Nippon Life India Asset Management Ltd has the highest Profit growth at 21.3%, so level and change sit with different companies.
What the numbers say: ICICI Prudential Asset Management Co Ltd leads with ₹3,486 crore of TTM profit, 18.3% above HDFC Asset Management Company Ltd. Nippon Life India Asset Management Ltd shows 21.3% growth from a ₹1,638 crore profit base. Compare the size of the base and persistence before ranking acceleration above profit scale.
LeaderICICI Prudential Asset Management Co Ltd · ₹3,486 crore
Gap18.3% versus #2 · HDFC Asset Management Company Ltd
Persistence3/4 recent comparable periods
Coverage6/6 companies · 78 observations
Investor read: ICICI Prudential Asset Management Co Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.
This conclusion weakens if: The next two comparable reports reverse the current profit growth signal.
Net profit is ranked only where the comparison base is economically meaningful. Loss-to-profit flips are shown but do not win the growth table.
Net profitlargest
Profit growthfastest growers
Net profit · company comparison
6/6 level · 6/6 change
All-company data · latest reported quarter
| Company | Net profit | Profit growth | Reported |
|---|---|---|---|
| ICICI Prudential Asset Management Co Ltd ICICIAMC | ₹965 Cr | 23% | Jun 2026 |
| HDFC Asset Management Company Ltd HDFCAMC | ₹837 Cr | 12% | Jun 2026 |
| Nippon Life India Asset Management Ltd NAM-INDIA | ₹504 Cr | 27% | Jun 2026 |
| Aditya Birla Sun Life AMC Ltd ABSLAMC | ₹309 Cr | 12% | Jun 2026 |
| UTI Asset Management Company Ltd UTIAMC | ₹294 Cr | 16% | Jun 2026 |
| Canara Robeco Asset Management Company Ltd CRAMC | ₹76 Cr | 25% | Jun 2026 |
Full 20-quarter history · every available company
Net profit · reported quarter history
Aditya Birla Sun Life AMC Ltd · ABSLAMC
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—
—
—
—
₹166 Cr
₹136 Cr
₹185 Cr
₹178 Cr
₹209 Cr
₹208 Cr
₹236 Cr
₹242 Cr
₹224 Cr
₹228 Cr
₹277 Cr
₹241 Cr
₹270 Cr
₹187 Cr
₹309 Cr
Canara Robeco Asset Management Company Ltd · CRAMC
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—
—
—
—
—
—
—
—
—
₹45 Cr
₹51 Cr
₹50 Cr
₹48 Cr
₹42 Cr
₹61 Cr
₹49 Cr
₹53 Cr
₹41 Cr
₹76 Cr
HDFC Asset Management Company Ltd · HDFCAMC
—
—
—
—
—
₹369 Cr
₹376 Cr
₹477 Cr
₹437 Cr
₹488 Cr
₹541 Cr
₹604 Cr
₹577 Cr
₹641 Cr
₹638 Cr
₹748 Cr
₹718 Cr
₹769 Cr
₹623 Cr
₹837 Cr
ICICI Prudential Asset Management Co Ltd · ICICIAMC
—
—
—
—
—
—
—
—
—
—
—
—
₹1.3K Cr
₹632 Cr
₹692 Cr
₹784 Cr
₹835 Cr
₹917 Cr
₹769 Cr
₹965 Cr
Nippon Life India Asset Management Ltd · NAM-INDIA
—
—
—
—
—
₹205 Cr
₹198 Cr
₹236 Cr
₹244 Cr
₹284 Cr
₹343 Cr
₹332 Cr
₹360 Cr
₹295 Cr
₹299 Cr
₹396 Cr
₹345 Cr
₹404 Cr
₹385 Cr
₹504 Cr
UTI Asset Management Company Ltd · UTIAMC
—
—
—
—
—
₹60 Cr
₹86 Cr
₹234 Cr
₹183 Cr
₹203 Cr
₹181 Cr
₹274 Cr
₹263 Cr
₹174 Cr
₹102 Cr
₹254 Cr
₹132 Cr
₹138 Cr
₹-51 Cr
₹294 Cr
Profit growth · reported quarter history
Aditya Birla Sun Life AMC Ltd · ABSLAMC
—
—
—
—
—
—
—
—
—
26%
53%
28%
36%
7.2%
9.6%
17%
-0.4%
21%
-18%
12%
Canara Robeco Asset Management Company Ltd · CRAMC
—
—
—
—
—
—
—
—
—
—
—
—
—
—
-6.7%
20%
-2.0%
10%
-2.4%
25%
HDFC Asset Management Company Ltd · HDFCAMC
—
—
—
—
—
—
—
—
—
32%
44%
27%
32%
31%
18%
24%
24%
20%
-2.4%
12%
ICICI Prudential Asset Management Co Ltd · ICICIAMC
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
-37%
45%
11%
23%
Nippon Life India Asset Management Ltd · NAM-INDIA
—
—
—
—
—
—
—
—
—
39%
73%
41%
48%
3.9%
-13%
19%
-4.2%
37%
29%
27%
UTI Asset Management Company Ltd · UTIAMC
—
—
—
—
—
—
—
—
—
238%
110%
17%
44%
-14%
-44%
-7.3%
-50%
-21%
-150%
16%
09 · compare level, then change
Funding Base & Its Composition
No company in this Finance - AMC comparison reports a funding base figure this section can compare, so the Deposits rank is empty. On Borrowings, UTI Asset Management Company Ltd is highest at ₹141 crore, across 6 of 6 companies with a usable reading.
What the numbers say: There is not enough comparable evidence to name a reliable deposits leader.
LeaderNo comparable leader
GapNot enough peers
PersistenceNot enough history
Coverage0/6 companies · 0 observations
Investor read: The current leader sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.
This conclusion weakens if: The next two comparable reports reverse the current borrowings signal.
For banks, debt is operating funding rather than industrial leverage. Deposits and borrowings are therefore shown as funding-base levels; asset quality, funding cost and liquidity determine whether that funding is attractive.
Depositslargest deposit bases
—Not enough comparable data—
Borrowingslargest borrowings
Funding base · company comparison
0/6 level · 6/6 change
All-company data · latest reported quarter
| Company | Deposits | Borrowings | Reported |
|---|---|---|---|
| ICICI Prudential Asset Management Co Ltd ICICIAMC | — | ₹0 Cr | Jun 2026 |
| HDFC Asset Management Company Ltd HDFCAMC | — | ₹0 Cr | Jun 2026 |
| Nippon Life India Asset Management Ltd NAM-INDIA | — | ₹75 Cr | Jun 2026 |
| Aditya Birla Sun Life AMC Ltd ABSLAMC | — | ₹64 Cr | Jun 2026 |
| UTI Asset Management Company Ltd UTIAMC | — | ₹141 Cr | Jun 2026 |
| Canara Robeco Asset Management Company Ltd CRAMC | — | ₹18 Cr | Jun 2026 |
Full 20-quarter history · every available company
No consistent historical series is available for deposits.
Borrowings · reported quarter history
Aditya Birla Sun Life AMC Ltd · ABSLAMC
₹70 Cr
₹72 Cr
₹62 Cr
₹59 Cr
₹54 Cr
—
₹48 Cr
—
—
—
₹79 Cr
—
—
—
₹68 Cr
—
₹69 Cr
—
₹64 Cr
—
Canara Robeco Asset Management Company Ltd · CRAMC
—
—
₹0 Cr
₹0 Cr
₹19 Cr
—
₹17 Cr
—
—
—
₹17 Cr
₹17 Cr
—
₹16 Cr
₹16 Cr
₹18 Cr
₹19 Cr
₹19 Cr
₹18 Cr
₹18 Cr
HDFC Asset Management Company Ltd · HDFCAMC
—
—
—
—
—
—
₹0 Cr
—
—
—
₹0 Cr
—
—
—
₹0 Cr
—
₹0 Cr
—
₹0 Cr
—
ICICI Prudential Asset Management Co Ltd · ICICIAMC
—
—
—
₹112 Cr
₹118 Cr
—
₹116 Cr
—
—
—
₹0 Cr
—
—
—
₹0 Cr
—
—
—
₹0 Cr
—
Nippon Life India Asset Management Ltd · NAM-INDIA
₹0 Cr
₹0 Cr
₹0 Cr
₹0 Cr
₹0 Cr
—
₹0 Cr
—
—
—
₹79 Cr
—
—
—
₹88 Cr
—
₹85 Cr
—
₹75 Cr
—
UTI Asset Management Company Ltd · UTIAMC
₹0 Cr
₹0 Cr
₹0 Cr
₹0 Cr
₹0 Cr
—
₹0 Cr
—
—
—
₹0 Cr
—
—
—
₹142 Cr
—
₹0 Cr
—
₹141 Cr
—
10 · compare level, then change
Return On Assets
Canara Robeco Asset Management Company Ltd has the highest ROA among the 6 Finance - AMC companies compared here, at 24.9%. The same company also holds the highest ROA change, at -3.4 percentage points. 1 of 6 companies report a comparable reading, the latest through Jun 2026. Its ROA series carries 6 reported observations across the 20-quarter window.
What the numbers say: Canara Robeco Asset Management Company Ltd leads both roa at 24.9% and roa change at -3.4 percentage points.
LeaderCanara Robeco Asset Management Company Ltd · 24.9%
GapNot enough peers
Persistence0/2 recent comparable periods
Coverage1/6 companies · 6 observations
Investor read: Canara Robeco Asset Management Company Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.
This conclusion weakens if: The next two comparable reports reverse the current roa change signal.
ROA is the cleanest first comparison for lenders because the balance sheet is the operating asset.
ROAhighest
ROA changefastest improvers
Return on assets · company comparison
1/6 level · 1/6 change
Withheld from this chart: ICICI Prudential Asset Management Co Ltd (ICICIAMC) — its two data sources disagree by up to 50% on reported income across 7 comparable periods, so its derived ratios are withheld; HDFC Asset Management Company Ltd (HDFCAMC) — its two data sources disagree by up to 27% on reported income across 15 comparable periods, so its derived ratios are withheld; Aditya Birla Sun Life AMC Ltd (ABSLAMC) — its two data sources disagree by up to 35% on reported income across 15 comparable periods, so its derived ratios are withheld; UTI Asset Management Company Ltd (UTIAMC) — its two data sources disagree by up to 42% on reported income across 14 comparable periods, so its derived ratios are withheld. A figure two sources cannot agree on is not drawn — the gap is a decision, not missing data.
All-company data · latest reported quarter
| Company | ROA | ROA change | Reported |
|---|---|---|---|
| Canara Robeco Asset Management Company Ltd CRAMC | 25% | −3.4 pp | Jun 2026 |
Full 20-quarter history · every available company
ROA · reported quarter history
Canara Robeco Asset Management Company Ltd · CRAMC
—
—
—
—
—
—
—
—
—
—
—
—
—
31%
28%
23%
29%
22%
25%
—
ROA change · reported quarter history
Canara Robeco Asset Management Company Ltd · CRAMC
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
−9.0 pp
−3.4 pp
—
11 · compare level, then change
ROE — Leaders & Improvers
ICICI Prudential Asset Management Co Ltd has the highest ROE among the 6 Finance - AMC companies compared here, at 85.8%. Nippon Life India Asset Management Ltd is next at 34.5%. Canara Robeco Asset Management Company Ltd has the highest ROE change at -5.6 percentage points, so level and change sit with different companies.
What the numbers say: ICICI Prudential Asset Management Co Ltd leads roe at 85.8%; Canara Robeco Asset Management Company Ltd leads roe change at -5.6 percentage points.
LeaderICICI Prudential Asset Management Co Ltd · 85.8%
Gap148.7% versus #2 · Nippon Life India Asset Management Ltd
PersistenceNot enough history
Coverage6/6 companies · 8 observations
Investor read: ICICI Prudential Asset Management Co Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.
This conclusion weakens if: The next two comparable reports reverse the current roe change signal.
ROE shows the return to shareholders, but should be read with asset quality and leverage.
ROEhighest
ROE changefastest improvers
Return on equity · company comparison
6/6 level · 1/6 change
Withheld from this chart: ICICI Prudential Asset Management Co Ltd (ICICIAMC) — its two data sources disagree by up to 50% on reported income across 7 comparable periods, so its derived ratios are withheld; HDFC Asset Management Company Ltd (HDFCAMC) — its two data sources disagree by up to 27% on reported income across 15 comparable periods, so its derived ratios are withheld; Aditya Birla Sun Life AMC Ltd (ABSLAMC) — its two data sources disagree by up to 35% on reported income across 15 comparable periods, so its derived ratios are withheld; UTI Asset Management Company Ltd (UTIAMC) — its two data sources disagree by up to 42% on reported income across 14 comparable periods, so its derived ratios are withheld. A figure two sources cannot agree on is not drawn — the gap is a decision, not missing data.
All-company data · latest reported quarter
| Company | ROE | ROE change | Reported |
|---|---|---|---|
| Canara Robeco Asset Management Company Ltd CRAMC | 23% | −5.6 pp | Jun 2026 |
Full 20-quarter history · every available company
ROE · reported quarter history
Canara Robeco Asset Management Company Ltd · CRAMC
—
—
—
—
—
—
—
—
—
—
—
—
45%
35%
32%
29%
39%
29%
31%
23%
ROE change · reported quarter history
Canara Robeco Asset Management Company Ltd · CRAMC
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
−6.2 pp
−5.7 pp
−0.7 pp
−5.6 pp
12 · not available
Gross NPA — Leaders & Improvers
No company in this Finance - AMC comparison reports gross NPA on a comparable basis, so there is nothing to rank here — 0 of 6 companies have a usable current reading. The section is shown rather than removed so an unavailable metric is not mistaken for one that was quietly left out. Filings were read through Jun 2026.
Lower gross NPA is better. Improvement means the ratio is falling, so ranks are intentionally inverted.
Withheld from this comparison: ICICI Prudential Asset Management Co Ltd (ICICIAMC) — its two data sources disagree by up to 50% on reported income across 7 comparable periods, so its derived ratios are withheld; HDFC Asset Management Company Ltd (HDFCAMC) — its two data sources disagree by up to 27% on reported income across 15 comparable periods, so its derived ratios are withheld; Aditya Birla Sun Life AMC Ltd (ABSLAMC) — its two data sources disagree by up to 35% on reported income across 15 comparable periods, so its derived ratios are withheld; UTI Asset Management Company Ltd (UTIAMC) — its two data sources disagree by up to 42% on reported income across 14 comparable periods, so its derived ratios are withheld. A figure two sources cannot agree on is not drawn — the gap is a decision, not missing data.
13 · compare level, then change
Valuation Against Growth & Quality
Canara Robeco Asset Management Company Ltd has the lowest P/BV ÷ ROE among the 6 Finance - AMC companies compared here, at 0.21×. UTI Asset Management Company Ltd is next at 0.25×. UTI Asset Management Company Ltd has the lowest P/BV at 2.6×, so level and change sit with different companies.
What the numbers say: Canara Robeco Asset Management Company Ltd has the lowest comparable P/BV ÷ ROE at 0.21×, 16% below UTI Asset Management Company Ltd. Only 6 of 6 companies have earnings and growth steady enough for the ratio to mean anything, so no broad “cheapest stock” conclusion is defensible unless the current multiple, own-history position and growth durability agree.
LeaderCanara Robeco Asset Management Company Ltd · 0.21×
Gap16% versus #2 · UTI Asset Management Company Ltd
Persistence0/3 recent comparable periods
Coverage6/6 companies · 3 observations
Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.
This conclusion weakens if: The next two comparable reports reverse the current p/bv signal.
Banks are compared on P/BV and P/BV÷ROE, not PEG. Lower is better only if asset quality and return durability hold; cheap book value with weakening NPAs is not automatically attractive.
P/BV ÷ ROElowest return-adjusted price
P/BVlowest P/BV
Valuation · company comparison
6/6 level · 6/6 change
All-company data · latest reported quarter
| Company | P/BV ÷ ROE | P/BV | Reported |
|---|---|---|---|
| Canara Robeco Asset Management Company Ltd CRAMC | 0.3 | 6.6 | Jun 2026 |
| ICICI Prudential Asset Management Co Ltd ICICIAMC | — | 39.3 | Jun 2026 |
| HDFC Asset Management Company Ltd HDFCAMC | — | 12.3 | Jun 2026 |
| Nippon Life India Asset Management Ltd NAM-INDIA | — | 15.6 | Jun 2026 |
| Aditya Birla Sun Life AMC Ltd ABSLAMC | — | 8.8 | Jun 2026 |
| UTI Asset Management Company Ltd UTIAMC | — | 2.6 | Jun 2026 |
Full 20-quarter history · every available company
P/BV ÷ ROE · reported quarter history
Canara Robeco Asset Management Company Ltd · CRAMC
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
0.3
0.2
0.3
P/BV · reported quarter history
Aditya Birla Sun Life AMC Ltd · ABSLAMC
—
—
—
—
7.3
5.6
4.1
4.9
5.0
4.9
4.8
7.2
6.7
7.2
5.6
7.0
6.0
6.2
7.3
8.8
Canara Robeco Asset Management Company Ltd · CRAMC
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
9.3
6.4
6.6
HDFC Asset Management Company Ltd · HDFCAMC
—
—
—
—
—
8.7
6.7
8.0
9.2
11.4
13.3
13.9
13.3
13.4
12.6
13.5
14.8
14.6
12.8
12.3
ICICI Prudential Asset Management Co Ltd · ICICIAMC
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
35.3
39.3
Nippon Life India Asset Management Ltd · NAM-INDIA
9.0
5.2
5.7
7.2
6.5
4.6
3.8
5.1
5.8
7.8
8.3
10.2
10.4
11.4
9.0
12.4
12.9
12.6
12.1
15.6
UTI Asset Management Company Ltd · UTIAMC
—
—
—
2.4
3.7
3.0
2.2
2.8
2.6
2.8
2.6
3.3
3.6
3.7
3.1
3.6
3.6
3.3
2.7
2.6
14 · before the conclusion, check the blind spots
What can make this comparison misleading?
This Finance - AMC comparison names 7 specific ways its own evidence can mislead, all listed below. All 6 companies here report on comparable dates, so no rank carries a stale marker. 4 have second-feed figures withheld because the two sources disagree. 3 of the 7 ranked sections have fewer than three usable current readings.
Keep these limits visible
- A high growth rate can be a low-base artefact. The page keeps level and change separate for that reason.
- A high ROE can be manufactured with leverage. Read it beside ROA and asset quality.
- The 4-Factor Sector Score ranks research priority, not portfolio action. Management quality, catalysts and risks need equally fresh evidence before capital is deployed.
- An “all companies” line chart preserves completeness, but rank changes should be checked against reporting dates before drawing a conclusion.
- Banks and lenders are not forced through operating-margin or ROCE comparisons; missing lender-specific fields remain visibly missing.
- 4 companies are missing from the second-feed metrics by decision, not by absence: the two sources disagree, so nothing from the second is drawn. Read those rows as narrower evidence, never as a weaker business.
- Thin comparisons: Funding base, Return on assets, Asset quality have fewer than three usable current readings.
15 · evidence and freshness
How was this comparison built?
This comparison is built from the reported filings of 6 Finance - AMC companies, normalized to a common ₹ scale and a shared quarter axis of up to 20 quarters each. Fundamentals run through Jun 2026 and market data through 2026-09-11. A second data feed fills gaps only after identity and scale reconciliation, and missing observations are never interpolated.
FundamentalsThrough Jun 2026 · up to 20 quarters per company
Market dataThrough 2026-09-11 · weekly price and relative-strength history
Derived metricsGrowth, changes and P/BV÷ROE are calculated only when their inputs are comparable.
Score confidenceMissing and stale evidence reduces confidence and pulls the 0–100 research-priority score toward neutral.
Source standing1 cross-checked · 1 unverified · 4 withheld, of 6 graded companies.
How a second data feed is admitted, and what happens when it disagrees
A second feed is read only after its reported income is matched against the primary source on at least three overlapping periods. Where the two agree the figures fill silently. Where there is too little shared history to compare, the figures are still drawn — they are the only evidence there is — and marked ⚠ unverified everywhere they appear. Where the two are known to disagree, nothing from the second feed is drawn and the affected company is named under the chart it is missing from.
16 · questions investors ask, short speakable answers
Finance - AMC company comparison FAQs
These 23 answers restate the Finance - AMC comparison above in question form. Every one is computed from the same 6 companies and the same reported filings as the rankings and charts, current through Jun 2026. Price and relative-strength answers run through 2026-09-11. Nothing here is estimated, and none of it is a recommendation.
Is the Finance - AMC sector outperforming NIFTY 500?
Finance - AMC has outperformed NIFTY 500 by 5% over 52 weeks and 0.8% over 13 weeks. 2 of 4 covered companies beat NIFTY on Mansfield relative strength, while 2 of 4 beat the sector itself.
Which Finance - AMC company is largest by income?
ICICI Prudential Asset Management Co Ltd leads with income of ₹6,041 crore, based on 6 of 6 comparable companies through Jun 2026.
Which Finance - AMC company is growing fastest?
Nippon Life India Asset Management Ltd has the fastest current income growth at 23%, across 6 of 6 comparable companies.
Which Finance - AMC company has the strongest 4-Factor Sector Score?
Nippon Life India Asset Management Ltd ranks first at 60.1/100 with 66.6% evidence confidence. The score prioritizes research; it is not a buy recommendation.
Which Finance - AMC company has the lowest comparable P/BV-to-ROE?
Canara Robeco Asset Management Company Ltd has the lowest comparable P/BV ÷ ROE at 0.21, among 6 of 6 companies whose earnings and growth are steady enough for the ratio to mean anything.
How much history does this Finance - AMC comparison include?
The page compares up to 20 reported quarters per company for fundamentals, returns and valuation, ending Jun 2026. Missing observations remain blank rather than being estimated.
How is the 4-Factor Sector Score calculated?
The four visible contributions add directly: growth and earnings up to 35 points, capital efficiency up to 25, valuation up to 20, and relative strength up to 20. Missing or stale evidence moves only the affected contribution toward neutral.
Is there a Nifty Finance - AMC index?
NSE India maintains Nifty indices for several broad sector categories — Nifty Bank, Nifty IT, Nifty Pharma and others — but not for every sub-sector grouping on this site. Whether or not an official Nifty index covers Finance - AMC, this page builds its own equal-weight basket of 6 listed Finance - AMC companies — one company, one vote, regardless of market value — so no single large company dominates the reading. Figures are as of Jun 2026.
Which are the best Finance - AMC stocks in India?
Ranked by this page's four-factor score, Nippon Life India Asset Management Ltd places first among 6 listed Finance - AMC companies, followed by Canara Robeco Asset Management Company Ltd. That is a ranking of published data — earnings, quality, valuation and market behaviour as of Jun 2026 — and not a recommendation; Sector Alpha is not registered with SEBI as an investment adviser.
How many Finance - AMC stocks are listed in India?
This comparison covers 6 listed Finance - AMC companies in India, each above the size floor the site applies, with 20 quarters of reported figures per company where the filings exist. The full ranked list is on this page, as of Jun 2026.
Which Finance - AMC company is the biggest?
ICICI Prudential Asset Management Co Ltd is the largest, with trailing-twelve-month income of ₹6,041 crore, ahead of HDFC Asset Management Company Ltd at ₹4,254 crore. That covers 6 of 6 companies with comparable reporting through Jun 2026.
Which Finance - AMC company makes the most profit?
ICICI Prudential Asset Management Co Ltd earns the most, at ₹3,486 crore of trailing-twelve-month net profit, from 6 of 6 comparable companies. Nippon Life India Asset Management Ltd has the fastest profit growth at 21.3%, though growth off a small or recovering profit base overstates how much has actually changed.
Which Finance - AMC company earns the highest return on capital?
Canara Robeco Asset Management Company Ltd leads on return on assets at 24.9%, across 1 of 6 companies. Read it beside the length of its reported history: a high return that repeats for years is evidence of a durable business, while a single high reading can be a small capital base or one good year.
Which Finance - AMC stock is the cheapest?
On price-to-book divided by return on equity — where a LOWER number is cheaper — Canara Robeco Asset Management Company Ltd screens cheapest at 0.21×. All 6 companies qualify for the ratio comparison. Cheap on a multiple is a reason to investigate, never a reason to buy on its own.
Is the Finance - AMC sector beating the market?
Finance - AMC has outperformed NIFTY 500 by 5% over the last 52 weeks and 0.8% over 13 weeks, measured on an equal-weight index of its current members. Inside the sector, 2 of 4 covered companies are beating the market on their own. Sector strength does not transfer evenly to every stock in it.
Which Finance - AMC stock has the strongest price momentum?
Nippon Life India Asset Management Ltd has the strongest relative strength against NIFTY 500. Relative strength answers last, after growth, quality and valuation: price can move well before the fundamentals confirm it, and sometimes without them confirming at all.
Which Finance - AMC company scores highest for research priority?
Nippon Life India Asset Management Ltd scores 60.1 out of 100 with 66.6% evidence confidence, from 26 points on growth and earnings, 15.4 on capital efficiency, 0.6 on valuation and 18.1 on relative strength. This ranks what deserves work next. It is not a buy recommendation, and management quality, catalysts and risk still need separate research.
How many Finance - AMC companies does this comparison cover, and over what period?
It compares 6 listed companies over up to 20 reported quarters of fundamentals, ending Jun 2026, plus weekly price and relative-strength history. Membership is the full sector list — nothing is dropped for having thin data.
What is the total market cap of the Finance - AMC sector?
The 6 Finance - AMC companies on this page carry ₹3,78,096 crore of combined market value. ICICI Prudential Asset Management Co Ltd is the largest at ₹1,50,329 crore, about 40% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-09-17.
What is the Finance - AMC sector's P/B ratio?
The median price-to-book ratio across the 6 Finance - AMC companies on this page is 11.2×, measured on the 6 that report a comparable figure. A sector-level history for this multiple is not held here, so this is a cross-section of today, not a comparison with the sector’s own past. Figures are as of 2026-09-17.
How is the Finance - AMC sector performing?
2 of the 4 covered Finance - AMC companies are beating NIFTY 500 on Mansfield relative strength. The sector itself is 5% ahead of NIFTY 500 over 52 weeks on an equal-weight index of its current members. Readings are as of 2026-09-17.
Why are some values on this page blank?
A blank means that company did not report a comparable figure for that period, so nothing is shown. Missing observations are never interpolated, carried forward, or replaced with a similar-looking accounting line, and a company with missing evidence has its research score pulled toward neutral rather than being scored as bad.
Is this investment advice?
No. Every figure here is a deterministic calculation from reported company filings and market data, published for research. It contains no recommendation to buy or sell any security, does not account for your circumstances, and is not a substitute for advice from a licensed adviser.
Not SEBI Registered !! Not Investment advice !!