{"id":328187,"date":"2026-10-27T12:17:10","date_gmt":"2026-10-27T06:47:10","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=328187"},"modified":"2026-10-27T12:17:10","modified_gmt":"2026-10-27T06:47:10","slug":"stock-exchange-operator-largest-mutual-fund-registrar-and-asset-management-company-stocks-roadmap-apex-list","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/stock-exchange-operator-largest-mutual-fund-registrar-and-asset-management-company-stocks-roadmap-apex-list\/","title":{"rendered":"3 Stock Exchange Operator, Largest Mutual Fund Registrar and Asset Management Company Stocks With a Strong Future Roadmap: BSE Ltd, Computer Age Management Services and UTI Asset Management Company"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>BSE Ltd, Computer Age Management Services and UTI Asset Management Company: ROE of 10.7% to 37.4% and FY22 to FY26 revenue CAGR of 6.6% to 56.3%. Prices as of 26 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 exchange, fund registrar and AMC stocks to watch are BSE Ltd, Computer Age Management Services and UTI Asset Management Company. Their return on equity ranges from 10.7% to 37.4%, and their revenue compound annual growth from FY22 to FY26 ranges from 6.6% to 56.3%. BSE Ltd leads on both return on equity at 37.4% and revenue growth at 56.3% a year. Prices are based on the 26 October 2026 close, and this article is educational, not investment advice.<\/p>\n<\/div>\n<p>Exchange, fund registrar and AMC stocks let investors follow companies that serve a growing part of the Indian economy. BSE Ltd, Computer Age Management Services and UTI Asset Management Company cover a stock exchange operator, the largest mutual fund registrar and an asset management company.<\/p>\n<p>This list covers three exchange, fund registrar and AMC stocks with complete current figures: BSE Ltd, Computer Age Management Services and UTI Asset Management Company. Every figure comes from the latest reported financials and the 26 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=stock-exchange-operator-largest-mutual-fund-registrar-and-asset-management-company-stocks-roadmap-apex-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\/stock-exchange-operator-largest-mutual-fund-registrar-and-asset-management-company-stocks-roadmap-apex-list\/#What_Are_Exchange_Fund_Registrar_and_AMC_Stocks\" title=\"What Are Exchange, Fund Registrar and AMC Stocks?\">What Are Exchange, Fund Registrar and AMC 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\/stock-exchange-operator-largest-mutual-fund-registrar-and-asset-management-company-stocks-roadmap-apex-list\/#Exchange_Fund_Registrar_and_AMC_Stocks_at_a_Glance\" title=\"Exchange, Fund Registrar and AMC Stocks at a Glance\">Exchange, Fund Registrar and AMC 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\/stock-exchange-operator-largest-mutual-fund-registrar-and-asset-management-company-stocks-roadmap-apex-list\/#Why_Do_Exchange_Fund_Registrar_and_AMC_Stocks_Have_a_Strong_Roadmap_in_India\" title=\"Why Do Exchange, Fund Registrar and AMC Stocks Have a Strong Roadmap in India?\">Why Do Exchange, Fund Registrar and AMC 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\/stock-exchange-operator-largest-mutual-fund-registrar-and-asset-management-company-stocks-roadmap-apex-list\/#Why_BSE_Ltd_Features_Among_These_Exchange_Fund_Registrar_and_AMC_Stocks\" title=\"Why BSE Ltd Features Among These Exchange, Fund Registrar and AMC Stocks\">Why BSE Ltd Features Among These Exchange, Fund Registrar and AMC 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\/stock-exchange-operator-largest-mutual-fund-registrar-and-asset-management-company-stocks-roadmap-apex-list\/#Why_Computer_Age_Management_Services_Features_Among_These_Exchange_Fund_Registrar_and_AMC_Stocks\" title=\"Why Computer Age Management Services Features Among These Exchange, Fund Registrar and AMC Stocks\">Why Computer Age Management Services Features Among These Exchange, Fund Registrar and AMC 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\/stock-exchange-operator-largest-mutual-fund-registrar-and-asset-management-company-stocks-roadmap-apex-list\/#Why_UTI_Asset_Management_Company_Features_Among_These_Exchange_Fund_Registrar_and_AMC_Stocks\" title=\"Why UTI Asset Management Company Features Among These Exchange, Fund Registrar and AMC Stocks\">Why UTI Asset Management Company Features Among These Exchange, Fund Registrar and AMC 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\/stock-exchange-operator-largest-mutual-fund-registrar-and-asset-management-company-stocks-roadmap-apex-list\/#BSE_Ltd_vs_Computer_Age_Management_Services_vs_UTI_Asset_Management_Company_on_Key_Financials\" title=\"BSE Ltd vs Computer Age Management Services vs UTI Asset Management Company on Key Financials\">BSE Ltd vs Computer Age Management Services vs UTI Asset Management Company 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\/stock-exchange-operator-largest-mutual-fund-registrar-and-asset-management-company-stocks-roadmap-apex-list\/#Key_Risks_to_Check_Before_Investing_in_Exchange_Fund_Registrar_and_AMC_Stocks\" title=\"Key Risks to Check Before Investing in Exchange, Fund Registrar and AMC Stocks\">Key Risks to Check Before Investing in Exchange, Fund Registrar and AMC 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\/stock-exchange-operator-largest-mutual-fund-registrar-and-asset-management-company-stocks-roadmap-apex-list\/#Final_Thoughts_on_Exchange_Fund_Registrar_and_AMC_Stocks\" title=\"Final Thoughts on Exchange, Fund Registrar and AMC Stocks\">Final Thoughts on Exchange, Fund Registrar and AMC 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\/stock-exchange-operator-largest-mutual-fund-registrar-and-asset-management-company-stocks-roadmap-apex-list\/#What_are_exchange_fund_registrar_and_AMC_stocks\" title=\"What are exchange, fund registrar and AMC stocks?\">What are exchange, fund registrar and AMC 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\/stock-exchange-operator-largest-mutual-fund-registrar-and-asset-management-company-stocks-roadmap-apex-list\/#Which_exchange_fund_registrar_and_AMC_stocks_are_covered_in_this_list\" title=\"Which exchange, fund registrar and AMC stocks are covered in this list?\">Which exchange, fund registrar and AMC 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\/stock-exchange-operator-largest-mutual-fund-registrar-and-asset-management-company-stocks-roadmap-apex-list\/#Why_do_exchange_fund_registrar_and_AMC_stocks_have_a_strong_future_roadmap_in_India\" title=\"Why do exchange, fund registrar and AMC stocks have a strong future roadmap in India?\">Why do exchange, fund registrar and AMC 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\/stock-exchange-operator-largest-mutual-fund-registrar-and-asset-management-company-stocks-roadmap-apex-list\/#How_has_BSE_Ltd_performed_financially\" title=\"How has BSE Ltd performed financially?\">How has BSE Ltd 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\/stock-exchange-operator-largest-mutual-fund-registrar-and-asset-management-company-stocks-roadmap-apex-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\/stock-exchange-operator-largest-mutual-fund-registrar-and-asset-management-company-stocks-roadmap-apex-list\/#How_has_UTI_Asset_Management_Company_performed_financially\" title=\"How has UTI Asset Management Company performed financially?\">How has UTI Asset Management Company 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\/stock-exchange-operator-largest-mutual-fund-registrar-and-asset-management-company-stocks-roadmap-apex-list\/#What_risks_should_investors_check_before_buying_exchange_fund_registrar_and_AMC_stocks\" title=\"What risks should investors check before buying exchange, fund registrar and AMC stocks?\">What risks should investors check before buying exchange, fund registrar and AMC 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\/stock-exchange-operator-largest-mutual-fund-registrar-and-asset-management-company-stocks-roadmap-apex-list\/#Is_this_list_of_exchange_fund_registrar_and_AMC_stocks_investment_advice\" title=\"Is this list of exchange, fund registrar and AMC stocks investment advice?\">Is this list of exchange, fund registrar and AMC stocks investment advice?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"What_Are_Exchange_Fund_Registrar_and_AMC_Stocks\"><\/span><strong>What Are Exchange, Fund Registrar and AMC Stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Exchange, fund registrar and AMC stocks are listed capital market companies that run an exchange, keep mutual fund records and manage investor money. Their earnings depend on traded volumes, fund folios, assets under management and regulation.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Exchange_Fund_Registrar_and_AMC_Stocks_at_a_Glance\"><\/span><strong>Exchange, Fund Registrar and AMC 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\/bse\/bse-ltd-share-price-today\">BSE Ltd<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">3,359<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">131,779<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">46.7<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">40.1<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">37.4<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.00<\/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;\">661.5<\/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\/utiamc\/uti-asset-management-company-ltd-share-price-today\">UTI Asset Management Company<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">806.55<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">10,933<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">21.3<\/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;\">10.7<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.03<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p>On valuation, Computer Age Management Services trades at a P\/E below the industry P\/E, while BSE Ltd and UTI Asset Management Company trade above it, which reflects the growth the market already expects. Readers comparing exchange, fund registrar and AMC 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_Exchange_Fund_Registrar_and_AMC_Stocks_Have_a_Strong_Roadmap_in_India\"><\/span><strong>Why Do Exchange, Fund Registrar and AMC Stocks Have a Strong Roadmap in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Exchange, fund registrar and AMC stocks have a strong roadmap in India because rising investor participation and growing mutual fund accounts keep widening the market for these services.<\/p>\n<ul>\n<li><strong>Investor growth.<\/strong> More households trade and invest through markets.<\/li>\n<li><strong>Fund folios.<\/strong> Rising folio counts add registrar income.<\/li>\n<li><strong>Assets managed.<\/strong> Higher assets lift management fee income.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Why_BSE_Ltd_Features_Among_These_Exchange_Fund_Registrar_and_AMC_Stocks\"><\/span><strong>Why BSE Ltd Features Among These Exchange, Fund Registrar and AMC Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among the exchange, fund registrar and AMC stocks on this list, BSE Ltd runs one of Asia&#8217;s oldest stock exchanges and earns from trading in equities and derivatives, listing services, data products and its clearing and technology arms.<\/p>\n<p>Revenue rose from Rs 864 crore in FY22 to Rs 5,148 crore in FY26, a compound annual growth rate of 56.3%. Net profit grew from Rs 1,317 crore in FY25 to Rs 2,475 crore in FY26, a rise of 87.9%.<\/p>\n<p>The company has a return on equity of 37.4%, a debt to equity ratio of 0.00 and a market capitalisation of Rs 131,779 crore. The stock trades at a P\/E of 46.7, above the industry P\/E of 40.1.<\/p>\n<p><strong>Roadmap:<\/strong> Rising participation of retail investors, a growing derivatives business and expanding data and technology services broaden the exchange&#8217;s income. A debt-free balance sheet and an asset-light model keep earnings quality high.<\/p>\n<p><strong>What to watch:<\/strong> Follow derivative volumes, new listings, data revenue growth and regulatory changes in market structure.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Computer_Age_Management_Services_Features_Among_These_Exchange_Fund_Registrar_and_AMC_Stocks\"><\/span><strong>Why Computer Age Management Services Features Among These Exchange, Fund Registrar and AMC Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among the stock exchange operator 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_UTI_Asset_Management_Company_Features_Among_These_Exchange_Fund_Registrar_and_AMC_Stocks\"><\/span><strong>Why UTI Asset Management Company Features Among These Exchange, Fund Registrar and AMC Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among the three companies on this list, UTI Asset Management Company manages mutual funds, portfolio management services and retirement schemes, with a large investor base and a long track record in the industry.<\/p>\n<p>Revenue rose from Rs 1,327 crore in FY22 to Rs 1,714 crore in FY26, a compound annual growth rate of 6.6%. Net profit for FY26 was Rs 472 crore, a net margin of 27.6%.<\/p>\n<p>In the June 2026 quarter, revenue grew 6.7% year on year to Rs 585 crore, while net profit rose 15.8% to Rs 294 crore. The company has a return on equity of 10.7%, a debt to equity ratio of 0.03 and a market capitalisation of Rs 10,933 crore. The stock trades at a P\/E of 21.3, above the industry P\/E of 16.9.<\/p>\n<p><strong>Roadmap:<\/strong> The company benefits from rising household savings flowing into mutual funds and systematic investment plans. Its reach through a large distribution network supports asset growth.<\/p>\n<p><strong>What to watch:<\/strong> Follow assets under management, systematic investment plan flows and the mix of equity funds.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"BSE_Ltd_vs_Computer_Age_Management_Services_vs_UTI_Asset_Management_Company_on_Key_Financials\"><\/span><strong>BSE Ltd vs Computer Age Management Services vs UTI Asset Management Company on Key Financials<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The table below sets the three exchange, fund registrar and AMC 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;\">BSE Ltd<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">864<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">5,148<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">56.3%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">2,475<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">48.1%<\/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;\">UTI Asset Management Company<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1,327<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1,714<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">6.6%<\/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;\">27.6%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p>BSE Ltd posts the highest return on equity in this group at 37.4%. BSE Ltd combines the largest FY26 revenue at Rs 5,148 crore with the fastest revenue growth, a 56.3% compound annual rate. A useful habit with exchange, fund registrar and AMC 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_Exchange_Fund_Registrar_and_AMC_Stocks\"><\/span><strong>Key Risks to Check Before Investing in Exchange, Fund Registrar and AMC 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 exchange, fund registrar and AMC stocks, the main points are: Long-term stock exchange operator shares holders usually track revenue growth, margins and cash flow side by side rather than relying on a single ratio.<\/p>\n<ul>\n<li><strong>Market cycles.<\/strong> Volumes and fund activity move with sentiment.<\/li>\n<li><strong>Regulation.<\/strong> Rule changes can affect products and fees.<\/li>\n<li><strong>Valuation levels.<\/strong> Some of these companies trade at high earnings multiples, so growth must continue to justify them.<\/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 exchange, fund registrar and AMC 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_Exchange_Fund_Registrar_and_AMC_Stocks\"><\/span><strong>Final Thoughts on Exchange, Fund Registrar and AMC Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Exchange, fund registrar and AMC stocks reward investors who follow demand trends, order books and margins together. BSE Ltd, Computer Age Management Services and UTI Asset Management Company each have a clear plan to expand. Based on the 26 October 2026 close, BSE Ltd trades at Rs 3,359, Computer Age Management Services at Rs 661.5 and UTI Asset Management Company at Rs 806.55.<\/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 exchange, fund registrar and AMC 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_exchange_fund_registrar_and_AMC_stocks\"><\/span><strong>What are exchange, fund registrar and AMC stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Exchange, fund registrar and AMC stocks are listed capital market companies that run an exchange, keep mutual fund records and manage investor money. Their earnings depend on traded volumes, fund folios, assets under management and regulation. This list looks at three of them, BSE Ltd, Computer Age Management Services and UTI Asset Management Company, using reported FY22 to FY26 financials and the 26 October 2026 closing prices.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_exchange_fund_registrar_and_AMC_stocks_are_covered_in_this_list\"><\/span><strong>Which exchange, fund registrar and AMC stocks are covered in this list?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> This list covers BSE Ltd, Computer Age Management Services and UTI Asset Management Company. Based on the 26 October 2026 close, BSE Ltd traded at Rs 3,359, Computer Age Management Services at Rs 661.5 and UTI Asset Management Company at Rs 806.55. Their return on equity ranges from 10.7% to 37.4%, and their revenue compound annual growth from FY22 to FY26 ranges from 6.6% to 56.3%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_do_exchange_fund_registrar_and_AMC_stocks_have_a_strong_future_roadmap_in_India\"><\/span><strong>Why do exchange, fund registrar and AMC stocks have a strong future roadmap in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Exchange, fund registrar and AMC stocks have a strong roadmap in India because rising investor participation and growing mutual fund accounts keep widening the market for these services. The main drivers are as follows. Investor growth. More households trade and invest through markets. Fund folios. Rising folio counts add registrar income. Assets managed. Higher assets lift management fee income. 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_BSE_Ltd_performed_financially\"><\/span><strong>How has BSE Ltd performed financially?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Revenue rose from Rs 864 crore in FY22 to Rs 5,148 crore in FY26, a compound annual growth rate of 56.3%. Net profit grew from Rs 1,317 crore in FY25 to Rs 2,475 crore in FY26, a rise of 87.9%. The company has a return on equity of 37.4%, a debt to equity ratio of 0.00 and a market capitalisation of Rs 131,779 crore. The stock trades at a P\/E of 46.7, above the industry P\/E of 40.1. Looking ahead, rising participation of retail investors, a growing derivatives business and expanding data and technology services broaden the exchange&#8217;s income. A debt-free balance sheet and an asset-light model keep earnings quality high.<\/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_UTI_Asset_Management_Company_performed_financially\"><\/span><strong>How has UTI Asset Management Company performed financially?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Revenue rose from Rs 1,327 crore in FY22 to Rs 1,714 crore in FY26, a compound annual growth rate of 6.6%. Net profit for FY26 was Rs 472 crore, a net margin of 27.6%. In the June 2026 quarter, revenue grew 6.7% year on year to Rs 585 crore, while net profit rose 15.8% to Rs 294 crore. The company has a return on equity of 10.7%, a debt to equity ratio of 0.03 and a market capitalisation of Rs 10,933 crore. The stock trades at a P\/E of 21.3, above the industry P\/E of 16.9. Looking ahead, the company benefits from rising household savings flowing into mutual funds and systematic investment plans. Its reach through a large distribution network supports asset growth.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_risks_should_investors_check_before_buying_exchange_fund_registrar_and_AMC_stocks\"><\/span><strong>What risks should investors check before buying exchange, fund registrar and AMC stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Investors should check a few risks before buying exchange, fund registrar and AMC stocks. Market cycles. Volumes and fund activity move with sentiment. Regulation. Rule changes can affect products and fees. Valuation levels. Some of these companies trade at high earnings multiples, so growth must continue to justify them. 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_exchange_fund_registrar_and_AMC_stocks_investment_advice\"><\/span><strong>Is this list of exchange, fund registrar and AMC 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 26 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 exchange, fund registrar and AMC stocks?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Exchange, fund registrar and AMC stocks are listed capital market companies that run an exchange, keep mutual fund records and manage investor money. Their earnings depend on traded volumes, fund folios, assets under management and regulation. This list looks at three of them, BSE Ltd, Computer Age Management Services and UTI Asset Management Company, using reported FY22 to FY26 financials and the 26 October 2026 closing prices.\"}},{\"@type\":\"Question\",\"name\":\"Which exchange, fund registrar and AMC stocks are covered in this list?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"This list covers BSE Ltd, Computer Age Management Services and UTI Asset Management Company. Based on the 26 October 2026 close, BSE Ltd traded at Rs 3,359, Computer Age Management Services at Rs 661.5 and UTI Asset Management Company at Rs 806.55. Their return on equity ranges from 10.7% to 37.4%, and their revenue compound annual growth from FY22 to FY26 ranges from 6.6% to 56.3%.\"}},{\"@type\":\"Question\",\"name\":\"Why do exchange, fund registrar and AMC stocks have a strong future roadmap in India?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Exchange, fund registrar and AMC stocks have a strong roadmap in India because rising investor participation and growing mutual fund accounts keep widening the market for these services. The main drivers are as follows. Investor growth. More households trade and invest through markets. Fund folios. Rising folio counts add registrar income. Assets managed. Higher assets lift management fee income. Together these factors give the companies on this list a visible path for growth over the coming years.\"}},{\"@type\":\"Question\",\"name\":\"How has BSE Ltd performed financially?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Revenue rose from Rs 864 crore in FY22 to Rs 5,148 crore in FY26, a compound annual growth rate of 56.3%. Net profit grew from Rs 1,317 crore in FY25 to Rs 2,475 crore in FY26, a rise of 87.9%. The company has a return on equity of 37.4%, a debt to equity ratio of 0.00 and a market capitalisation of Rs 131,779 crore. The stock trades at a P\/E of 46.7, above the industry P\/E of 40.1. Looking ahead, rising participation of retail investors, a growing derivatives business and expanding data and technology services broaden the exchange's income. A debt-free balance sheet and an asset-light model keep earnings quality high.\"}},{\"@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 UTI Asset Management Company performed financially?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Revenue rose from Rs 1,327 crore in FY22 to Rs 1,714 crore in FY26, a compound annual growth rate of 6.6%. Net profit for FY26 was Rs 472 crore, a net margin of 27.6%. In the June 2026 quarter, revenue grew 6.7% year on year to Rs 585 crore, while net profit rose 15.8% to Rs 294 crore. The company has a return on equity of 10.7%, a debt to equity ratio of 0.03 and a market capitalisation of Rs 10,933 crore. The stock trades at a P\/E of 21.3, above the industry P\/E of 16.9. Looking ahead, the company benefits from rising household savings flowing into mutual funds and systematic investment plans. Its reach through a large distribution network supports asset growth.\"}},{\"@type\":\"Question\",\"name\":\"What risks should investors check before buying exchange, fund registrar and AMC stocks?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Investors should check a few risks before buying exchange, fund registrar and AMC stocks. Market cycles. Volumes and fund activity move with sentiment. Regulation. Rule changes can affect products and fees. Valuation levels. Some of these companies trade at high earnings multiples, so growth must continue to justify them. Reading the latest results presentation and comparing each company with its peers helps judge how these risks apply to each stock.\"}},{\"@type\":\"Question\",\"name\":\"Is this list of exchange, fund registrar and AMC stocks investment advice?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"No. This article is educational and uses publicly available data as of the 26 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.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Exchange, Fund Registrar and AMC Stocks with a strong future roadmap: BSE Ltd, Computer Age Management Services and UTI Asset Management Company. Compare price, valuation, return on equity and revenue growth as of 26 October 2026.<\/p>\n","protected":false},"author":29,"featured_media":328185,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[845],"tags":[3803,7942,14666,16091,16636,16637,16513,15457],"class_list":["post-328187","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-best-stocks","tag-best-stocks","tag-bse-ltd","tag-computer-age-management-services","tag-exchange","tag-fund-registrar-and-amc-stocks","tag-mutual-fund-registrar-and-amc-stocks","tag-stock-exchange-operator-shares","tag-uti-asset-management-company"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["328185"],"rank_math_title":["Exchange, Fund Registrar and Asset Manager Stocks"],"rank_math_description":["Compare 3 exchange, fund registrar and AMC stocks with a strong future roadmap on CMP, market cap, P\/E, ROE and revenue growth. Data as of 26 Oct 2026."],"rank_math_focus_keyword":["exchange, fund registrar and AMC stocks"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/10\/3-stock-exchange-operator-largest-mutual-fund-registrar-and-asset-management.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/328187","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=328187"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/328187\/revisions"}],"predecessor-version":[{"id":328188,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/328187\/revisions\/328188"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/328185"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=328187"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=328187"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=328187"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}