ADVERTISEMENT
'Add' UTI AMC Shares Maintains ICICI Securities On Attractive Valuations
Basis current CMP, UTI AMC is trading at 16.6x on FY27E core P/E vs 38.8x/35.3x/20.8x FY27E core P/E for HDFC AMC/Nippon Life/Aditya Birla Sun Life, adds ICICI Securities
25 Jun 2025, 12:18 PM IST 
Driven by an uptick in capital markets, UTI has seen strong growth in AUM since the start of FY26.
(Photo: Vijay Sartape/NDTV Profit)
UTI Asset Management Company has fared better than peers when it comes to cost, considering a 2.6% standalone opex CAGR between FY22–25. Against that earnings support, there is hope for healthy double-digit AUM growth given the notable fund performance improvement over the last six months.
