{"id":326223,"date":"2026-10-26T11:23:31","date_gmt":"2026-10-26T05:53:31","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=326223"},"modified":"2026-10-26T11:23:31","modified_gmt":"2026-10-26T05:53:31","slug":"digital-retail-broker-mutual-fund-registry-provider-and-asset-management-company-stocks-roadmap-keystone-list","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/digital-retail-broker-mutual-fund-registry-provider-and-asset-management-company-stocks-roadmap-keystone-list\/","title":{"rendered":"3 Digital Retail Broker, Mutual Fund Registry Provider and Asset Management Company Stocks With a Strong Future Roadmap: Angel One, Computer Age Management Services and Aditya Birla Sun Life AMC"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Angel One, Computer Age Management Services and Aditya Birla Sun Life AMC: ROE of 17.3% to 36.0% and FY22 to FY26 revenue CAGR of 10.0% to 22.4%. Prices as of 23 Oct 2026.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">The three retail broking and fund services stocks to watch are Angel One, Computer Age Management Services and Aditya Birla Sun Life AMC. Their return on equity ranges from 17.3% to 36.0%, and their revenue compound annual growth from FY22 to FY26 ranges from 10.0% to 22.4%. Computer Age Management Services has the highest return on equity at 36.0%, while Angel One has the fastest revenue growth at 22.4% a year. Prices are based on the 23 October 2026 close, and this article is educational, not investment advice.<\/p>\n<\/div>\n<p>Retail broking and fund services stocks let investors follow companies that serve India&#8217;s growing base of market participants. Angel One, Computer Age Management Services and Aditya Birla Sun Life AMC cover a digital retail broker, a mutual fund registry provider and an asset management company.<\/p>\n<p>This list covers three retail broking and fund services stocks with complete current figures: Angel One, Computer Age Management Services and Aditya Birla Sun Life AMC. Every figure comes from the latest reported financials and the 23 October 2026 market close. Companies without complete current figures were left out.<\/p>\n<p style=\"margin-top:24px;\"><strong><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=digital-retail-broker-mutual-fund-registry-provider-and-asset-management-company-stocks-roadmap-keystone-list\">Click Here &#8211; Get Free Investment Predictions<\/a><\/strong><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/digital-retail-broker-mutual-fund-registry-provider-and-asset-management-company-stocks-roadmap-keystone-list\/#What_Are_Retail_Broking_and_Fund_Services_Stocks\" title=\"What Are Retail Broking and Fund Services Stocks?\">What Are Retail Broking and Fund Services Stocks?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/digital-retail-broker-mutual-fund-registry-provider-and-asset-management-company-stocks-roadmap-keystone-list\/#Retail_Broking_and_Fund_Services_Stocks_at_a_Glance\" title=\"Retail Broking and Fund Services Stocks at a Glance\">Retail Broking and Fund Services Stocks at a Glance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/digital-retail-broker-mutual-fund-registry-provider-and-asset-management-company-stocks-roadmap-keystone-list\/#Why_Do_Retail_Broking_and_Fund_Services_Stocks_Have_a_Strong_Roadmap_in_India\" title=\"Why Do Retail Broking and Fund Services Stocks Have a Strong Roadmap in India?\">Why Do Retail Broking and Fund Services Stocks Have a Strong Roadmap in India?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/digital-retail-broker-mutual-fund-registry-provider-and-asset-management-company-stocks-roadmap-keystone-list\/#Why_Angel_One_Features_Among_These_Retail_Broking_and_Fund_Services_Stocks\" title=\"Why Angel One Features Among These Retail Broking and Fund Services Stocks\">Why Angel One Features Among These Retail Broking and Fund Services Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/digital-retail-broker-mutual-fund-registry-provider-and-asset-management-company-stocks-roadmap-keystone-list\/#Why_Computer_Age_Management_Services_Features_Among_These_Retail_Broking_and_Fund_Services_Stocks\" title=\"Why Computer Age Management Services Features Among These Retail Broking and Fund Services Stocks\">Why Computer Age Management Services Features Among These Retail Broking and Fund Services Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/digital-retail-broker-mutual-fund-registry-provider-and-asset-management-company-stocks-roadmap-keystone-list\/#Why_Aditya_Birla_Sun_Life_AMC_Features_Among_These_Retail_Broking_and_Fund_Services_Stocks\" title=\"Why Aditya Birla Sun Life AMC Features Among These Retail Broking and Fund Services Stocks\">Why Aditya Birla Sun Life AMC Features Among These Retail Broking and Fund Services Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/digital-retail-broker-mutual-fund-registry-provider-and-asset-management-company-stocks-roadmap-keystone-list\/#Angel_One_vs_Computer_Age_Management_Services_vs_Aditya_Birla_Sun_Life_AMC_on_Key_Financials\" title=\"Angel One vs Computer Age Management Services vs Aditya Birla Sun Life AMC on Key Financials\">Angel One vs Computer Age Management Services vs Aditya Birla Sun Life AMC on Key Financials<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/digital-retail-broker-mutual-fund-registry-provider-and-asset-management-company-stocks-roadmap-keystone-list\/#Key_Risks_to_Check_Before_Investing_in_Retail_Broking_and_Fund_Services_Stocks\" title=\"Key Risks to Check Before Investing in Retail Broking and Fund Services Stocks\">Key Risks to Check Before Investing in Retail Broking and Fund Services Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/digital-retail-broker-mutual-fund-registry-provider-and-asset-management-company-stocks-roadmap-keystone-list\/#Final_Thoughts_on_Retail_Broking_and_Fund_Services_Stocks\" title=\"Final Thoughts on Retail Broking and Fund Services Stocks\">Final Thoughts on Retail Broking and Fund Services Stocks<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/digital-retail-broker-mutual-fund-registry-provider-and-asset-management-company-stocks-roadmap-keystone-list\/#What_are_retail_broking_and_fund_services_stocks\" title=\"What are retail broking and fund services stocks?\">What are retail broking and fund services stocks?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/digital-retail-broker-mutual-fund-registry-provider-and-asset-management-company-stocks-roadmap-keystone-list\/#Which_retail_broking_and_fund_services_stocks_are_covered_in_this_list\" title=\"Which retail broking and fund services stocks are covered in this list?\">Which retail broking and fund services stocks are covered in this list?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/digital-retail-broker-mutual-fund-registry-provider-and-asset-management-company-stocks-roadmap-keystone-list\/#Why_do_retail_broking_and_fund_services_stocks_have_a_strong_future_roadmap_in_India\" title=\"Why do retail broking and fund services stocks have a strong future roadmap in India?\">Why do retail broking and fund services stocks have a strong future roadmap in India?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/digital-retail-broker-mutual-fund-registry-provider-and-asset-management-company-stocks-roadmap-keystone-list\/#How_has_Angel_One_performed_financially\" title=\"How has Angel One performed financially?\">How has Angel One performed financially?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/digital-retail-broker-mutual-fund-registry-provider-and-asset-management-company-stocks-roadmap-keystone-list\/#How_has_Computer_Age_Management_Services_performed_financially\" title=\"How has Computer Age Management Services performed financially?\">How has Computer Age Management Services performed financially?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/digital-retail-broker-mutual-fund-registry-provider-and-asset-management-company-stocks-roadmap-keystone-list\/#How_has_Aditya_Birla_Sun_Life_AMC_performed_financially\" title=\"How has Aditya Birla Sun Life AMC performed financially?\">How has Aditya Birla Sun Life AMC performed financially?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/digital-retail-broker-mutual-fund-registry-provider-and-asset-management-company-stocks-roadmap-keystone-list\/#What_risks_should_investors_check_before_buying_retail_broking_and_fund_services_stocks\" title=\"What risks should investors check before buying retail broking and fund services stocks?\">What risks should investors check before buying retail broking and fund services stocks?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/digital-retail-broker-mutual-fund-registry-provider-and-asset-management-company-stocks-roadmap-keystone-list\/#Is_this_list_of_retail_broking_and_fund_services_stocks_investment_advice\" title=\"Is this list of retail broking and fund services stocks investment advice?\">Is this list of retail broking and fund services stocks investment advice?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"What_Are_Retail_Broking_and_Fund_Services_Stocks\"><\/span><strong>What Are Retail Broking and Fund Services Stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Retail broking and fund services stocks are listed financial market companies that run broking apps, manage mutual funds and process fund transactions. Their earnings depend on investor numbers, market activity, assets under management and fees.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Retail_Broking_and_Fund_Services_Stocks_at_a_Glance\"><\/span><strong>Retail Broking and Fund Services Stocks at a Glance<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<div style=\"overflow-x:auto;\">\n<table style=\"border-collapse:collapse;width:100%;\">\n<thead>\n<tr>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Company<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">CMP (Rs)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Market Cap (Rs Cr)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">P\/E<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Industry P\/E<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">ROE (%)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">D\/E<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/angelone\/angel-one-ltd-share-price-today\">Angel One<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">279<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">27,666<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">23.9<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">32.9<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">17.3<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1.14<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/cams\/computer-age-management-services-ltd-share-price-today\">Computer Age Management Services<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">650<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">17,055<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">34.7<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">41.8<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">36.0<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.05<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/abslamc\/aditya-birla-sun-life-amc-ltd-share-price-today\">Aditya Birla Sun Life AMC<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">889.05<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">26,115<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">26.5<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">16.9<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">25.4<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.02<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p>On valuation, Angel One and Computer Age Management Services trade at a P\/E below the industry P\/E, while Aditya Birla Sun Life AMC trades above it, which reflects the growth the market already expects. Readers comparing retail broking and fund services stocks should look at return on equity and debt together, since a high return earned with low debt is easier to sustain.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Do_Retail_Broking_and_Fund_Services_Stocks_Have_a_Strong_Roadmap_in_India\"><\/span><strong>Why Do Retail Broking and Fund Services Stocks Have a Strong Roadmap in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Retail broking and fund services stocks have a strong roadmap in India because more households are starting to invest through apps and systematic plans, which lifts assets and transaction volumes.<\/p>\n<ul>\n<li><strong>New investors.<\/strong> More households open market and fund accounts.<\/li>\n<li><strong>Systematic plans.<\/strong> Monthly investments add steady fund flows.<\/li>\n<li><strong>Digital reach.<\/strong> Apps bring services to smaller cities.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Why_Angel_One_Features_Among_These_Retail_Broking_and_Fund_Services_Stocks\"><\/span><strong>Why Angel One Features Among These Retail Broking and Fund Services Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among the retail broking and fund services stocks on this list, Angel One is a technology-led retail broking company that serves millions of investors through its mobile app and also offers mutual funds, insurance distribution and loans.<\/p>\n<p>Revenue rose from Rs 2,297 crore in FY22 to Rs 5,152 crore in FY26, a compound annual growth rate of 22.4%. Net profit grew from Rs 625 crore in FY22 to Rs 915 crore in FY26, which works out to a compound annual growth rate of 10.0%.<\/p>\n<p>The company has a return on equity of 17.3%, a debt to equity ratio of 1.14 and a market capitalisation of Rs 27,666 crore. The stock trades at a P\/E of 23.9, below the industry P\/E of 32.9.<\/p>\n<p><strong>Roadmap:<\/strong> The company is growing its client base from smaller cities and adding wealth and loan products, which widens revenue. Heavy use of technology helps it serve clients at low cost.<\/p>\n<p><strong>What to watch:<\/strong> Follow client additions, trading activity and growth in newer product lines.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Computer_Age_Management_Services_Features_Among_These_Retail_Broking_and_Fund_Services_Stocks\"><\/span><strong>Why Computer Age Management Services Features Among These Retail Broking and Fund Services Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among the investor platform company shares on this list, Computer Age Management Services, known as CAMS, is the largest registrar and transfer agent for mutual funds in India and also offers services to insurers and alternative investment funds.<\/p>\n<p>The company has a return on equity of 36.0%, a debt to equity ratio of 0.05 and a market capitalisation of Rs 17,055 crore. The stock trades at a P\/E of 34.7, below the industry P\/E of 41.8.<\/p>\n<p>Revenue rose from Rs 927 crore in FY22 to Rs 1,567 crore in FY26, a compound annual growth rate of 14.0%. Net profit grew from Rs 287 crore in FY22 to Rs 472 crore in FY26, which works out to a compound annual growth rate of 13.3%. In the June 2026 quarter, revenue grew 12.1% year on year to Rs 412 crore, while net profit rose 17.6% to Rs 127 crore.<\/p>\n<p><strong>Roadmap:<\/strong> Growth in mutual fund assets and in the number of investors lifts the volume of transactions it processes. Its newer businesses in insurance repository services and payments add to the base.<\/p>\n<p><strong>What to watch:<\/strong> Track mutual fund industry assets and the progress of its non-mutual fund businesses.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Aditya_Birla_Sun_Life_AMC_Features_Among_These_Retail_Broking_and_Fund_Services_Stocks\"><\/span><strong>Why Aditya Birla Sun Life AMC Features Among These Retail Broking and Fund Services Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among the three companies on this list, Aditya Birla Sun Life AMC manages mutual funds, portfolio management services and offshore and alternative funds for retail and institutional investors across India.<\/p>\n<p>Revenue rose from Rs 1,409 crore in FY22 to Rs 2,060 crore in FY26, a compound annual growth rate of 10.0%. Net profit grew from Rs 673 crore in FY22 to Rs 975 crore in FY26, which works out to a compound annual growth rate of 9.7%.<\/p>\n<p>The company has a return on equity of 25.4%, a debt to equity ratio of 0.02 and a market capitalisation of Rs 26,115 crore. The stock trades at a P\/E of 26.5, above the industry P\/E of 16.9.<\/p>\n<p><strong>Roadmap:<\/strong> The company is growing its base of individual investors, especially through systematic plans, and building its presence in smaller cities. A well-known group brand supports investor trust.<\/p>\n<p><strong>What to watch:<\/strong> Track assets under management, new investor additions and systematic plan flows.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Angel_One_vs_Computer_Age_Management_Services_vs_Aditya_Birla_Sun_Life_AMC_on_Key_Financials\"><\/span><strong>Angel One vs Computer Age Management Services vs Aditya Birla Sun Life AMC on Key Financials<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The table below sets the three retail broking and fund services stocks side by side on revenue, profit and margin, using reported figures.<\/p>\n<div style=\"overflow-x:auto;\">\n<table style=\"border-collapse:collapse;width:100%;\">\n<thead>\n<tr>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Company<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">FY22 Revenue (Rs Cr)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">FY26 Revenue (Rs Cr)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Revenue CAGR (FY22-FY26)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">FY26 Net Profit (Rs Cr)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">FY26 Net Margin<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Angel One<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">2,297<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">5,152<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">22.4%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">915<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">17.8%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Computer Age Management Services<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">927<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1,567<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">14.0%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">472<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">30.1%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Aditya Birla Sun Life AMC<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1,409<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">2,060<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">10.0%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">975<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">47.3%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p>Computer Age Management Services posts the highest return on equity in this group at 36.0%. Angel One combines the largest FY26 revenue at Rs 5,152 crore with the fastest revenue growth, a 22.4% compound annual rate. A useful habit with retail broking and fund services stocks is to check each new quarterly result against the capacity plans the company described earlier.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Key_Risks_to_Check_Before_Investing_in_Retail_Broking_and_Fund_Services_Stocks\"><\/span><strong>Key Risks to Check Before Investing in Retail Broking and Fund Services Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Every theme carries risks that deserve a check before any decision. For these retail broking and fund services stocks, the main points are:<\/p>\n<ul>\n<li><strong>Market activity.<\/strong> Broking and fund income move with market conditions.<\/li>\n<li><strong>Regulation.<\/strong> New rules can change fee structures.<\/li>\n<li><strong>Competition.<\/strong> Many platforms compete for investors.<\/li>\n<\/ul>\n<p>Treat this list as a starting point for research and not as a recommendation. Read the latest results presentation, check the management commentary on order books or capacity plans, and compare each company with its peers before you decide anything.<\/p>\n<p style=\"margin-top:24px;\"><strong><a href=\"https:\/\/univest.in\/screeners\">Use the Univest Stock Screener<\/a><\/strong> to filter retail broking and fund services stocks by market capitalisation, P\/E, ROE and growth, and build your own shortlist.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Final_Thoughts_on_Retail_Broking_and_Fund_Services_Stocks\"><\/span><strong>Final Thoughts on Retail Broking and Fund Services Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Retail broking and fund services stocks reward investors who follow client additions, assets under management and fee trends together. Angel One, Computer Age Management Services and Aditya Birla Sun Life AMC each ride the growth of household investing. Based on the 23 October 2026 close, Angel One trades at Rs 279, Computer Age Management Services at Rs 650 and Aditya Birla Sun Life AMC at Rs 889.05.<\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track retail broking and fund services stocks, set price alerts and get research-backed stock ideas.<\/em><\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> 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).<\/p>\n<\/div>\n<h3><span class=\"ez-toc-section\" id=\"What_are_retail_broking_and_fund_services_stocks\"><\/span><strong>What are retail broking and fund services stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Retail broking and fund services stocks are listed financial market companies that run broking apps, manage mutual funds and process fund transactions. Their earnings depend on investor numbers, market activity, assets under management and fees. This list looks at three of them, Angel One, Computer Age Management Services and Aditya Birla Sun Life AMC, using reported FY22 to FY26 financials and the 23 October 2026 closing prices.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_retail_broking_and_fund_services_stocks_are_covered_in_this_list\"><\/span><strong>Which retail broking and fund services stocks are covered in this list?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> This list covers Angel One, Computer Age Management Services and Aditya Birla Sun Life AMC. Based on the 23 October 2026 close, Angel One traded at Rs 279, Computer Age Management Services at Rs 650 and Aditya Birla Sun Life AMC at Rs 889.05. Their return on equity ranges from 17.3% to 36.0%, and their revenue compound annual growth from FY22 to FY26 ranges from 10.0% to 22.4%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_do_retail_broking_and_fund_services_stocks_have_a_strong_future_roadmap_in_India\"><\/span><strong>Why do retail broking and fund services stocks have a strong future roadmap in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Retail broking and fund services stocks have a strong roadmap in India because more households are starting to invest through apps and systematic plans, which lifts assets and transaction volumes. The main drivers are as follows. New investors. More households open market and fund accounts. Systematic plans. Monthly investments add steady fund flows. Digital reach. Apps bring services to smaller cities. Together these factors give the companies on this list a visible path for growth over the coming years.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_has_Angel_One_performed_financially\"><\/span><strong>How has Angel One performed financially?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Revenue rose from Rs 2,297 crore in FY22 to Rs 5,152 crore in FY26, a compound annual growth rate of 22.4%. Net profit grew from Rs 625 crore in FY22 to Rs 915 crore in FY26, which works out to a compound annual growth rate of 10.0%. The company has a return on equity of 17.3%, a debt to equity ratio of 1.14 and a market capitalisation of Rs 27,666 crore. The stock trades at a P\/E of 23.9, below the industry P\/E of 32.9. Looking ahead, the company is growing its client base from smaller cities and adding wealth and loan products, which widens revenue. Heavy use of technology helps it serve clients at low cost.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_has_Computer_Age_Management_Services_performed_financially\"><\/span><strong>How has Computer Age Management Services performed financially?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Revenue rose from Rs 927 crore in FY22 to Rs 1,567 crore in FY26, a compound annual growth rate of 14.0%. Net profit grew from Rs 287 crore in FY22 to Rs 472 crore in FY26, which works out to a compound annual growth rate of 13.3%. In the June 2026 quarter, revenue grew 12.1% year on year to Rs 412 crore, while net profit rose 17.6% to Rs 127 crore. The company has a return on equity of 36.0%, a debt to equity ratio of 0.05 and a market capitalisation of Rs 17,055 crore. The stock trades at a P\/E of 34.7, below the industry P\/E of 41.8. Looking ahead, growth in mutual fund assets and in the number of investors lifts the volume of transactions it processes. Its newer businesses in insurance repository services and payments add to the base.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_has_Aditya_Birla_Sun_Life_AMC_performed_financially\"><\/span><strong>How has Aditya Birla Sun Life AMC performed financially?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Revenue rose from Rs 1,409 crore in FY22 to Rs 2,060 crore in FY26, a compound annual growth rate of 10.0%. Net profit grew from Rs 673 crore in FY22 to Rs 975 crore in FY26, which works out to a compound annual growth rate of 9.7%. The company has a return on equity of 25.4%, a debt to equity ratio of 0.02 and a market capitalisation of Rs 26,115 crore. The stock trades at a P\/E of 26.5, above the industry P\/E of 16.9. Looking ahead, the company is growing its base of individual investors, especially through systematic plans, and building its presence in smaller cities. A well-known group brand supports investor trust.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_risks_should_investors_check_before_buying_retail_broking_and_fund_services_stocks\"><\/span><strong>What risks should investors check before buying retail broking and fund services stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Investors should check a few risks before buying retail broking and fund services stocks. Market activity. Broking and fund income move with market conditions. Regulation. New rules can change fee structures. Competition. Many platforms compete for investors. Reading the latest results presentation and comparing each company with its peers helps judge how these risks apply to each stock.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_this_list_of_retail_broking_and_fund_services_stocks_investment_advice\"><\/span><strong>Is this list of retail broking and fund services stocks investment advice?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> No. This article is educational and uses publicly available data as of the 23 October 2026 close. Please verify figures on NSE and BSE, read company filings and consult a SEBI registered adviser before investing. Univest is SEBI registered research analyst INH000013776.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What are retail broking and fund services stocks?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Retail broking and fund services stocks are listed financial market companies that run broking apps, manage mutual funds and process fund transactions. Their earnings depend on investor numbers, market activity, assets under management and fees. 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Their return on equity ranges from 17.3% to 36.0%, and their revenue compound annual growth from FY22 to FY26 ranges from 10.0% to 22.4%.\"}},{\"@type\":\"Question\",\"name\":\"Why do retail broking and fund services stocks have a strong future roadmap in India?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Retail broking and fund services stocks have a strong roadmap in India because more households are starting to invest through apps and systematic plans, which lifts assets and transaction volumes. The main drivers are as follows. New investors. More households open market and fund accounts. Systematic plans. Monthly investments add steady fund flows. Digital reach. Apps bring services to smaller cities. 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Heavy use of technology helps it serve clients at low cost.\"}},{\"@type\":\"Question\",\"name\":\"How has Computer Age Management Services performed financially?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Revenue rose from Rs 927 crore in FY22 to Rs 1,567 crore in FY26, a compound annual growth rate of 14.0%. Net profit grew from Rs 287 crore in FY22 to Rs 472 crore in FY26, which works out to a compound annual growth rate of 13.3%. In the June 2026 quarter, revenue grew 12.1% year on year to Rs 412 crore, while net profit rose 17.6% to Rs 127 crore. The company has a return on equity of 36.0%, a debt to equity ratio of 0.05 and a market capitalisation of Rs 17,055 crore. The stock trades at a P\/E of 34.7, below the industry P\/E of 41.8. Looking ahead, growth in mutual fund assets and in the number of investors lifts the volume of transactions it processes. Its newer businesses in insurance repository services and payments add to the base.\"}},{\"@type\":\"Question\",\"name\":\"How has Aditya Birla Sun Life AMC performed financially?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Revenue rose from Rs 1,409 crore in FY22 to Rs 2,060 crore in FY26, a compound annual growth rate of 10.0%. Net profit grew from Rs 673 crore in FY22 to Rs 975 crore in FY26, which works out to a compound annual growth rate of 9.7%. The company has a return on equity of 25.4%, a debt to equity ratio of 0.02 and a market capitalisation of Rs 26,115 crore. The stock trades at a P\/E of 26.5, above the industry P\/E of 16.9. Looking ahead, the company is growing its base of individual investors, especially through systematic plans, and building its presence in smaller cities. 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Please verify figures on NSE and BSE, read company filings and consult a SEBI registered adviser before investing. Univest is SEBI registered research analyst INH000013776.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Retail Broking and Fund Services Stocks with a strong future roadmap: Angel One, Computer Age Management Services and Aditya Birla Sun Life AMC. Compare price, valuation, return on equity and revenue growth as of 23 October 2026.<\/p>\n","protected":false},"author":35,"featured_media":326222,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[845],"tags":[8600,5901,15769,3803,14666,15768,15767],"class_list":["post-326223","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-best-stocks","tag-aditya-birla-sun-life-amc","tag-angel-one","tag-asset-management-and-registry-stocks","tag-best-stocks","tag-computer-age-management-services","tag-investor-platform-company-shares","tag-retail-broking-and-fund-services-stocks"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["326222"],"rank_math_title":["Retail Broking and Fund Services Stocks"],"rank_math_description":["Compare 3 retail broking and fund services stocks with a strong future roadmap on CMP, market cap, P\/E, ROE and revenue growth. 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