Source Post

India's ₹100 Trillion Mutual Fund Opportunity: Best AMC Stocks & SBI AMC IPO 2026 | Rahul Jain

Jul 9, 2026

Rahul Jain discusses the growth opportunity in India's Asset Management Company (AMC) sector, highlighting increasing mutual fund inflows and a shift away from bank deposits. He plans to analyze SBI AMC's IPO, compare it with listed peers like ICICI Prudential and HDFC AMC, discuss valuations, and cover potential risks.

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Tickers discussed in this post

AAMINeutralLow ConvictionResearch Only

HDFC Asset Management Company is mentioned as a comparable wealth management company with a P/E of 39 and P/B of 10.5.

NIPGNeutralLow ConvictionResearch Only

Nippon AMC leads in the number of unique customers (23 million) and has the highest AUM growth rate among listed players at 26%, with operating profit growth at 31.9%.

PUKNeutralMedium ConvictionSignal-backedSecondary

ICICI Prudential is mentioned as a listed AMC to be compared with SBI Mutual Funds.

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