Nippon India AMC Share Price: 38.9% CAGR in 3 Years as It Outpaces HDFC AMC, ABSL AMC and UTI AMC
- November 10, 2026
- Posted by: Chaitanya Auti
- Category: Best Stocks
Nippon India AMC Share Price: 38.9% CAGR in 3 Years as It Outpaces HDFC AMC, ABSL AMC and UTI AMC
Nippon India AMC previous close Rs 1,073.50. 3-year CAGR 38.9%. Up 2.7x since 9 Nov 2023. ROE 33.89%. Market cap Rs 68,677 crore.
Quick Answer
The Nippon India AMC share price closed at Rs 1,073.50 on 9 November 2026, a compounded annual return of 38.9% over three years. That compares with HDFC Asset Management at 23.8%, Aditya Birla Sun Life AMC at 24.8% and UTI Asset Management at 2.3%. The company has a market cap of Rs 68,677 crore and a P/E of 42.48 against an industry P/E of 17.80.
The Nippon India AMC share price has been one of the standout performers among listed fund houses. Nippon Life India Asset Management, which listed in 2017, manages mutual funds, exchange traded funds and other investment products, and its stock has compounded faster than every other listed asset manager in this comparison.
We calculate the three-year CAGR for Nippon India AMC, HDFC AMC, Aditya Birla Sun Life AMC and UTI AMC, then compare market cap, valuation, return on equity and debt. All prices are adjusted for corporate actions so the comparison is like for like.
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How Much Has the Nippon India AMC Share Price Returned in 3 Years?
The Nippon India AMC stock closed at Rs 400.35 on 9 November 2023 and at Rs 1,073.50 on 9 November 2026. Rs 1 lakh invested three years ago would have grown to about Rs 2.68 lakh, which is a CAGR of 38.9%. This is a price return and leaves out dividends.
CAGR condenses a bumpy three-year ride into one yearly number, which is why it is the fairest way to compare companies of different sizes. A stock such as Nippon India AMC can look spectacular on a chart and still have earned a modest yearly return, so the compounded figure keeps the comparison honest.
The Nippon India AMC share price has also followed the growth of mutual fund investing in India, where monthly SIP contributions and rising participation from smaller cities have lifted assets under management across the industry.
Nippon India AMC vs HDFC Asset Management, Aditya Birla Sun Life AMC and UTI Asset Management: 3-Year CAGR Compared
The table ranks the companies by three-year CAGR. Prices on 9 November 2023 are adjusted for splits and bonuses, and the latest figures are the previous close on 9 November 2026.
| Company | Close on 9 Nov 2023 | Previous close (9 Nov 2026) | Price multiple | 3-year CAGR |
|---|---|---|---|---|
| Nippon Life India Asset Management | Rs 400.35 | Rs 1,073.50 | 2.7x | 38.9% |
| Aditya Birla Sun Life AMC | Rs 455.85 | Rs 885.70 | 1.9x | 24.8% |
| HDFC Asset Management | Rs 1,381.25 | Rs 2,619.60 | 1.9x | 23.8% |
| UTI Asset Management | Rs 779.55 | Rs 835.30 | 1.1x | 2.3% |
The Nippon India AMC stock leads the group at 38.9%, followed by Aditya Birla Sun Life AMC at 24.8%, HDFC Asset Management at 23.8% and UTI Asset Management at 2.3%. Nippon India AMC leads the group, followed by ABSL AMC and HDFC AMC, with UTI AMC compounding more modestly. HDFC AMC is the largest by market cap, so its lower percentage return came on a bigger base.
Look at the Nippon India AMC share price alongside the peers as a snapshot of the last three years. It describes what happened, and valuation and earnings will decide what happens next.
Valuation and Quality Compared
| Company | Market cap | P/E | Industry P/E | ROE | Debt to equity |
|---|---|---|---|---|---|
| HDFC Asset Management | Rs 1,12,851 crore | 37.90 | 17.80 | 34.56% | 0.00 |
| Nippon Life India Asset Management | Rs 68,677 crore | 42.48 | 17.80 | 33.89% | 0.02 |
| Aditya Birla Sun Life AMC | Rs 25,634 crore | 25.97 | 17.80 | 25.43% | 0.02 |
| UTI Asset Management | Rs 10,741 crore | 20.96 | 17.80 | 12.76% | 0.03 |
By market cap, HDFC Asset Management is the largest of the group at Rs 1,12,851 crore, while the Nippon India AMC stock stands at Rs 68,677 crore, about 61% of that size. On earnings, Nippon India AMC shares trade at a P/E of 42.48 against an industry P/E of 17.80, a premium of about 139%, which signals that the market expects faster earnings growth. Peer multiples are HDFC Asset Management at 37.90, Aditya Birla Sun Life AMC at 25.97 and UTI Asset Management at 20.96.
Return on equity is 33.89% for the Nippon India AMC stock, which ranks second among the four, and debt to equity stands at 0.02. Trailing EPS is Rs 25.26. Asset managers have asset light, debt free balance sheets, so return on equity and the P/E are the most useful lenses when comparing one fund house with another.
What Is Driving the Nippon India AMC Stock?
Nippon Life India Asset Management runs one of the largest mutual fund businesses in India, with a wide range of equity, debt and hybrid schemes and a sizeable exchange traded fund franchise. It also manages portfolios and alternative funds.
Fund houses earn fees as a share of assets, so revenue tends to rise with market levels and fresh inflows. Because costs do not grow as fast as assets, a larger asset base can lift profit margins.
Followers of the Nippon India AMC share price usually track monthly SIP flows, market share in equity assets, the growth of the ETF business and the fee structure that applies to its schemes.
How the Established Players Stack Up
HDFC Asset Management manages HDFC Mutual Fund and is one of the largest fund houses in India by assets and market cap. It compounded at 23.8% a year, on a market cap of Rs 1,12,851 crore and an ROE of 34.56%.
Aditya Birla Sun Life AMC is a joint venture between Aditya Birla Capital and Sun Life, and it manages a broad mutual fund and portfolio business. It compounded at 24.8% a year, on a market cap of Rs 25,634 crore and an ROE of 25.43%.
UTI Asset Management manages UTI Mutual Fund, one of the oldest fund houses in the country, and also handles pension fund and international mandates. It compounded at 2.3% a year, on a market cap of Rs 10,741 crore and an ROE of 12.76%.
What Should Investors Track Next?
Three things are worth watching on the Nippon India AMC share price. First, net inflows through SIPs and the market share in equity assets. Second, the growth of the ETF and passive business. Third, any change in the regulatory framework for fees and expense ratios.
At a P/E of 42, the market already expects solid growth. Fund house earnings rise and fall with market levels, so size any position with that in mind.
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How to Compare Asset Management Stocks Yourself
You can repeat this exercise for any pair of stocks, including the Nippon India AMC stock against its peers. Note the adjusted closing price on the base date, take the latest close, divide one by the other, raise the result to the power of one third and subtract one. Then place the CAGR next to market cap, P/E against the industry P/E, ROE and debt to equity. Benchmark the result against the Nifty 50 as well, so you know whether the stock beat the broader market.
A stock that scores well on growth but weakly on quality, or the reverse, deserves closer study before it enters a portfolio. When tracking the Nippon India AMC share price, the same four checks give a more complete picture than price alone.
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A Fast Compounder With a High Return on Equity
The Nippon India AMC share price compounded at 38.9% a year over three years, ahead of ABSL AMC at 24.8%, HDFC AMC at 23.8% and UTI AMC at 2.3%. Its ROE of 33.89% and a debt to equity of 0.02 reflect a strong financial profile.
HDFC AMC brings the largest scale, ABSL AMC offers a lower multiple, and UTI AMC trades at the lowest P/E of the four. The right fit depends on how much you value growth against valuation.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions
What is the Nippon India AMC share price today?
Ans. Nippon Life India Asset Management closed at Rs 1,073.50 on 9 November 2026, according to NSE data. It has a market cap of Rs 68,677 crore and a P/E of 42.48. Check live quotes before acting, as prices change every trading day.
What is the 3-year CAGR of the Nippon India AMC stock?
Ans. Nippon Life India Asset Management delivered a price CAGR of 38.9% over three years, moving from Rs 400.35 on 9 November 2023 to Rs 1,073.50 on 9 November 2026. The figure excludes dividends and uses adjusted closing prices.
Is Nippon India AMC better than HDFC AMC?
Ans. The Nippon India AMC stock delivered a higher three-year CAGR at 38.9% than HDFC AMC at 23.8%. HDFC AMC is larger by market cap at Rs 1,12,851 crore and has a slightly higher ROE at 34.56% against 33.89%. The better choice depends on whether you prefer scale or faster recent growth.
What does Nippon Life India Asset Management do?
Ans. Nippon Life India Asset Management is a Mumbai-based fund house that manages mutual funds, exchange traded funds, portfolios and alternative investment products.
Is the Nippon India AMC stock debt free?
Ans. The debt to equity ratio of the Nippon India AMC stock is 0.02 and its return on equity is 33.89%. Always check the latest balance sheet for current figures, as debt levels change with expansion plans.
Is Nippon India AMC expensive compared with the industry?
Ans. Nippon India AMC trades at a P/E of 42.48 against an industry P/E of 17.80. A higher multiple reflects expectations of faster growth, which the company must deliver through earnings.
Which asset management stock gave the highest return in 3 years?
Ans. Among the companies compared here, Nippon Life India Asset Management delivered the highest three-year CAGR at 38.9%, followed by Aditya Birla Sun Life AMC at 24.8%. Past returns do not guarantee future performance.
How do I calculate CAGR for a stock?
Ans. Divide the latest price by the starting price, raise the result to the power of one divided by the number of years, and subtract one. Multiply by 100 for a percentage. Use split and bonus adjusted prices for accurate results.