
Top AMC and Broking Stocks Compared: Nippon India AMC vs UTI AMC vs ABSL AMC vs Motilal Oswal vs Nuvama on Price, Valuation, Q2 FY27 Results and Risks
Previous close: Nippon India AMC Rs 1,075.00, UTI AMC Rs 849.15, ABSL AMC Rs 897.65, Motilal Oswal Rs 1,144.00, Nuvama Rs 1,881.00.
Updated: 10 Nov 2026 • 11:28 am
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Quick Answer
This AMC and broking stocks compared snapshot checks five names on price, valuation and Q2 FY27 results: Nippon India AMC, UTI AMC, ABSL AMC, Motilal Oswal and Nuvama. Motilal Oswal is the largest by market capitalisation at Rs 69,161 crore. Nippon India AMC reports the highest return on equity at 33.89%. Asset-light fund houses and brokers earn high returns, so check whether each premium is backed by profitability.
AMC and broking stocks compared here means Nippon India AMC, UTI AMC, ABSL AMC, Motilal Oswal and Nuvama on one page, checked on previous close, market value, valuation and the latest quarterly numbers. The group mixes three listed fund houses with two broking and wealth firms, so a side-by-side look shows how differently each one earns from the same rise in market participation.
All five asset management and broking companies have filed their September 2026 quarter, so every result below is Q2 FY27. Asset managers and brokers follow market levels and investor flows, so a glance at the Nifty Fin Service page and the Sensex page before you read the tables gives useful backdrop.
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AMC and Broking Stocks Compared: Fund Houses and Wealth Firms
The AMC and broking stocks compared here are Nippon India AMC, UTI AMC, ABSL AMC, Motilal Oswal and Nuvama. Motilal Oswal is the largest by market capitalisation at Rs 69,161 crore. Previous closes run from Rs 849.15 for UTI AMC to Rs 1,881.00 for Nuvama, which is why a side-by-side look at value rather than price is more useful. This AMC and broking stocks compared list is the base for every table that follows.
| Stock | Previous close (Rs) | Market cap (Rs crore) |
|---|---|---|
| Nippon India AMC | 1,075.00 | 68,677 |
| UTI AMC | 849.15 | 10,741 |
| ABSL AMC | 897.65 | 25,634 |
| Motilal Oswal | 1,144.00 | 69,161 |
| Nuvama | 1,881.00 | 34,506 |
A quick look at the business behind each ticker puts the numbers in context. Nippon India AMC is one of the largest asset managers in the country, with mutual funds, ETFs and portfolio services, while UTI AMC manages mutual funds and also handles retirement and portfolio mandates. ABSL AMC manages mutual funds and portfolio services for retail and institutional clients, and Motilal Oswal runs broking, wealth, asset management and housing finance businesses. To compare AMC and broking stocks properly, line up return on equity, price to earnings and dividend yield before forming a view.
Rounding out the group, Nuvama offers wealth management, broking and asset services to affluent and institutional clients. A fair AMC and broking stock comparison looks at what each company actually earns from, not only at the share price. Fund houses and broking firms belong in separate mental boxes whenever you compare AMC and broking stocks fairly.
AMC and Broking Stocks Valuation: Multiples, Returns and Payouts
UTI AMC trades at the lowest price to earnings ratio in this group at 20.96. Nippon India AMC reports the highest return on equity at 33.89%. UTI AMC has the lowest price to book value at 2.43. These AMC and broking stocks valuation readings come from the previous close and the latest reported financials. That is the idea behind this AMC and broking stocks compared table: return on equity and price to earnings sit side by side so a high or low reading stands out at once.
| Stock | Price to earnings | Price to book | ROE (%) | Dividend yield (%) |
|---|---|---|---|---|
| Nippon India AMC | 42.48 | 14.40 | 33.89 | 2.00 |
| UTI AMC | 20.96 | 2.43 | 12.76 | 4.79 |
| ABSL AMC | 25.97 | 6.60 | 25.43 | 2.87 |
| Motilal Oswal | 25.60 | 4.45 | 17.36 | 0.52 |
| Nuvama | 30.50 | 7.61 | 24.87 | 1.47 |
AMC and broking stocks usually trade at premium price to earnings multiples because investors pay for asset-light models and high returns on equity. Dividend yield and price to book help you judge how much each company pays back and how the market values its client assets. Earnings per share and book value per share are the building blocks behind price to earnings and price to book, so a glance at both in each filing is time well spent. A simple AMC and broking stock comparison like this one is only as useful as the context behind it, which is why dividend yield is worth checking as well.
In this group, price to earnings runs from 20.96 for UTI AMC to 42.48 for Nippon India AMC. UTI AMC offers the highest dividend yield at 4.79%. Industry price to earnings readings differ by sub-sector: Nippon India AMC, UTI AMC and ABSL AMC at 17.80; Motilal Oswal and Nuvama at 33.29. The industry price to earnings is a handy anchor: an AMC or broking stock above it is priced for faster growth, and one below it is priced for steadier earnings. A well-built AMC and broking stock comparison also notes that market levels can move assets and fee income between quarters. Run the same AMC and broking stock comparison on your own watchlist and the pattern in these numbers will be easier to spot. Whenever you compare AMC and broking stocks, note whether a premium is backed by returns or only by size.
AMC and Broking Stocks Q2 FY27 Results: Revenue and Profit Check
All of the five AMC and broking stocks compared have filed Q2 FY27 numbers. Motilal Oswal posted the fastest revenue growth at 63.6% year on year. Motilal Oswal showed the sharpest rise in net profit at 198.3%. Read revenue first and quarterly profit second, since the two together show how much of the growth reaches shareholders. Treat the Q2 FY27 numbers in this AMC and broking stocks compared review as a snapshot of one quarter, not a verdict on any fund house or broker.
| Stock | Q2 FY27 revenue (Rs crore) | Q2 FY26 revenue (Rs crore) | Q2 FY27 net profit (Rs crore) | Q2 FY26 net profit (Rs crore) |
|---|---|---|---|---|
| Nippon India AMC | 818.9 | 694.7 | ||
| UTI AMC | 414.8 | 421.4 | 132.3 | 132.2 |
| ABSL AMC | 526.2 | 506.5 | ||
| Motilal Oswal | 3,044 | 1,861 | 1,081 | 362.6 |
| Nuvama | 1,368 | 1,138 | 303.5 | 254.0 |
Nippon India AMC Results Snapshot
Nippon India AMC's Q2 FY27 top line stood at Rs 818.9 crore, versus Rs 694.7 crore in Q2 FY26, a rise of 17.9%.
UTI AMC Results Snapshot
UTI AMC reported Q2 FY27 revenue of Rs 414.8 crore for the September 2026 quarter. Net profit rose 0.1% to Rs 132.3 crore from Rs 132.2 crore. Net profit margin improved to 31.9% from 27.0%. Earnings per share for the quarter rose to Rs 10.29 from Rs 8.77.
ABSL AMC Results Snapshot
In the September 2026 quarter, ABSL AMC booked revenue of Rs 526.2 crore against Rs 506.5 crore in the same quarter last year, a rise of 3.9%.
Motilal Oswal Results Snapshot
Motilal Oswal's Q2 FY27 top line stood at Rs 3,044 crore, versus Rs 1,861 crore in Q2 FY26, a rise of 63.6%. Net profit rose 198.3% to Rs 1,081 crore from Rs 362.6 crore. Net profit margin improved to 35.6% from 19.6%. Earnings per share for the quarter rose to Rs 17.68 from Rs 5.97.
Nuvama Results Snapshot
Nuvama reported Q2 FY27 revenue of Rs 1,368 crore, compared with Rs 1,138 crore a year earlier, a rise of 20.2%. Net profit rose 19.5% to Rs 303.5 crore from Rs 254.0 crore.
AMC and broking results depend on assets under management, fee margins and market activity, so profit can look different from revenue in a single quarter. That is why an AMC and broking stock comparison works best when revenue and profit are read together across two or three quarters. Used this way, an AMC and broking stocks compared review becomes a map of the sector rather than a price list. When you compare AMC and broking stocks after each result season, track how dividend yield changes from one quarter to the next. An AMC and broking stock comparison built on one quarter of data is a starting point, and the next set of results will update it.
AMC and Broking Stocks Compared Two at a Time: Three Pairings
Readers rarely want a five-way table and nothing else, so here are three head-to-head reads drawn from the same data. Use them as a quick way to compare AMC and broking stocks two at a time.
Nippon India AMC vs UTI AMC
Nippon India AMC and UTI AMC are two of the longest-listed fund houses, so they are the natural pair for anyone who wants exposure to mutual fund fees. Nippon India AMC is about 6.4 times the size of UTI AMC by market capitalisation, at Rs 68,677 crore against Rs 10,741 crore. Nippon India AMC reports the higher return on equity, at 33.89% against 12.76% for UTI AMC. For dividend income, UTI AMC offers 4.79% against 2.00% at Nippon India AMC. Two fund houses can differ in product mix and payouts, so read yield next to returns before you judge either.
ABSL AMC vs Nippon India AMC
ABSL AMC and Nippon India AMC both run large equity and debt schemes, so the pair shows how scale and mix shape fee income. Nippon India AMC is about 2.7 times the size of ABSL AMC by market capitalisation, at Rs 68,677 crore against Rs 25,634 crore. On price to earnings, ABSL AMC carries the lower multiple at 25.97 against 42.48 for Nippon India AMC. Nippon India AMC reports the higher return on equity, at 33.89% against 25.43% for ABSL AMC. Both are tied to market levels, so read growth next to valuation before you judge either multiple.
Motilal Oswal vs Nuvama
Motilal Oswal and Nuvama both serve wealthy and institutional clients through broking and wealth services. On price to earnings, Motilal Oswal carries the lower multiple at 25.60 against 30.50 for Nuvama. Nuvama reports the higher return on equity, at 24.87% against 17.36% for Motilal Oswal. For dividend income, Nuvama offers 1.47% against 0.52% at Motilal Oswal. A diversified financial group and a wealth-focused firm are priced differently, so read the business mix before you read the ratio.
Best AMC and Broking Stocks for Each Type of Investor
If you are asking which of the best AMC and broking stocks here suits you, the answer depends on what you value. The table below shows who leads on each measure today, which is the fairest way to answer without naming a single winner. Any AMC and broking stocks compared table can mislead if you stop at one row, because each fund house or broker leads on a different measure.
| If you care most about | Start your research with | The number |
|---|---|---|
| Lowest price to earnings | UTI AMC | 20.96 |
| Highest return on equity | Nippon India AMC | 33.89% |
| Highest dividend yield | UTI AMC | 4.79% |
| Lowest price to book value | UTI AMC | 2.43 |
| Largest by market capitalisation | Motilal Oswal | Rs 69,161 crore |
| Fastest Q2 FY27 revenue growth | Motilal Oswal | 63.6% |
| Sharpest Q2 FY27 net profit rise | Motilal Oswal | 198.3% |
No single name tops every row, which is exactly why an AMC and broking stock comparison helps. Scale, returns, payouts and valuation each point to a different company, so decide what matters most to you before you rank the numbers.
What Is Driving Fund Houses and Broking Firms Right Now?
Monthly SIP flows keep rising as more households put savings into mutual funds, and the number of investor accounts keeps growing. Asset managers and wealth firms earn fees that grow with the money they manage. Knowing what moves market levels and investor flows helps you compare AMC and broking stocks with the right questions in mind.
Assets under management, fee margins and the mix between equity and debt decide earnings for fund houses. Broking and wealth firms also gain when market activity and client assets rise. A good AMC and broking stocks compared routine therefore tracks assets under management, flows and fee margins. The sector backdrop helps every name here, but an AMC and broking stock comparison shows it does not help them equally.
Risks to Weigh When You Compare AMC and Broking Stocks
AMC and broking stocks depend on market levels, investor flows and rules on fees and trading. A fall in markets can reduce assets and trading volumes. Read each filing for assets, flows and fee commentary before you compare them. Every AMC and broking stock comparison has blind spots, and for this group the biggest is market levels and investor flows. A thoughtful AMC and broking stocks compared review keeps these risks next to the numbers instead of in a footnote.
Because assets under management, flows and fee margins drive these businesses, the most useful habit is to read the management commentary that comes with every result and note what is expected for the next quarter. Read together, the risk notes and the tables make this AMC and broking stocks compared guide a balanced starting point.
How to Compare AMC and Broking Stocks and Build a Shortlist
Start by deciding whether you want pure fund houses or broking and wealth firms, because each responds to different triggers. Fund houses reward readers who track assets under management and flows, while broking firms reward those who track trading activity and client assets. Done step by step, this AMC and broking stocks compared routine becomes repeatable rather than a one-off exercise.
Then check valuation and payouts, because premium multiples leave less room for slips and dividend yield differs widely across the group. Spreading your attention across one fund house and one broking or wealth firm is a simple way to see both sides of the sector. Keep the shortlist of best AMC and broking stocks short enough that you can actually follow each company's quarterly results. When you compare AMC and broking stocks again after new results, update only the rows that changed instead of starting over.
The Univest stock screener lets you filter AMC and broking stocks by market capitalisation, return on equity and price to earnings, and the app keeps live prices a tap away through the trading day. Come back to this AMC and broking stocks compared page after the next set of results to see which numbers have moved.
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Conclusion: AMC and Broking Stocks Compared at a Glance
This AMC and broking stocks compared review on price, valuation and Q2 FY27 results shows that no single name wins every measure. Motilal Oswal leads on size and Nippon India AMC leads on return on equity, while the others bring their own strengths. Treat the AMC and broking stocks Q2 FY27 results and AMC and broking stocks valuation tables as a research starting point, then check the filings and speak to a SEBI-registered advisor before you invest. If you plan to compare AMC and broking stocks again next quarter, the same checklist of return on equity, price to earnings and dividend yield will work.
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 on AMC and Broking Stocks Compared
Which are the top AMC and broking stocks compared in this article?
Ans. The AMC and broking stocks compared in this article are Nippon India AMC, UTI AMC, ABSL AMC, Motilal Oswal and Nuvama. They are checked on previous close, market capitalisation, price to earnings, price to book, return on equity and the latest quarterly results, so you get a clear side-by-side starting point before you open any single company's filings in more depth.
Which AMC and broking stock has the highest market capitalisation?
Ans. Among the five names, Motilal Oswal has the highest market capitalisation at Rs 69,161 crore. Nippon India AMC follows at Rs 68,677 crore. Market capitalisation is the total value the market places on a company and moves with the share price every day, so check the live figure before you rely on it.
Which of these AMC and broking stocks has the lowest price to earnings ratio?
Ans. On AMC and broking stocks valuation, UTI AMC has the lowest price to earnings ratio among these AMC and broking stocks at 20.96, based on the latest reported earnings. Nippon India AMC sits at the other end at 42.48. A lower multiple is not automatically better, since growth, margins and business quality all influence what investors are willing to pay.
Which AMC and broking stock has the highest return on equity?
Ans. Nippon India AMC reports the highest return on equity in this group at 33.89%. Return on equity shows how much profit a company earns on shareholder funds, so a higher figure usually points to efficient use of capital. Compare it over several years, and keep debt levels in mind, because heavy borrowing can lift the ratio.
How did AMC and broking stocks perform in Q2 FY27 results?
Ans. All of the five names have filed Q2 FY27 numbers in our data. Motilal Oswal recorded the fastest revenue growth at 63.6% year on year. Motilal Oswal showed the sharpest net profit rise at 198.3%. For AMC and broking stocks Q2 FY27 results, each filing on the exchange website carries the full detail behind these figures.
What are the main risks when you compare AMC and broking stocks?
Ans. AMC and broking stocks depend on market levels, investor flows and rules on fees and trading. A fall in markets can reduce assets and trading volumes. Read each filing for assets, flows and fee commentary before you compare them. Keep an eye on assets under management, flows and fee margins.
Which metrics matter most when you compare AMC and broking stocks?
Ans. Assets under management, net flows, fee margins and client assets matter most for operating performance. Price to earnings, return on equity, price to book and dividend yield show how the market values each company and how much it pays out. Read each company's filing for these along with the numbers in this article.
Which is the best AMC and broking stock to buy among these five?
Ans. The best AMC and broking stock depends on whether you value fund fees, broking activity or wealth services, because the five names differ on all three. On the numbers in this article, Motilal Oswal has the largest market capitalisation; UTI AMC has the lowest price to earnings as well as the highest dividend yield; Nippon India AMC has the highest return on equity. No single stock tops every measure, and none of this is a recommendation. Use the tables to build a shortlist, check the latest filings, and speak to a SEBI-registered advisor before you decide, since your goals, time horizon and risk appetite matter more than any ranking.
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