Nippon India Mutual Fund remains the leader in ETFs with a QAAUM of Rs. 44,800 Cr and highest liquidity in the industry | Nippon AMC Q2 FY22 Results Analysis
Nippon India Mutual Fund remains the leader in ETFs with a QAAUM of Rs. 44,800 Cr and highest liquidity in the industry | Nippon AMC Q2 FY22 Results Analysis
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2 years ago
Nippon AMC – Financial Highlights Q2 FY22
Total income for Q2 FY22 was Rs. 425 Cr, up 32%
Operating Profit increased from Rs.127.3 Cr in Q2 FY21 to Rs.185.6 Cr in Q2 FY22, up 46%
Profit After Tax increased from Rs. 145.3 Cr in Q2 FY21 to Rs. 213.7 Cr in Q2 FY22, up 47%
Nippon AMC – Business Highlights Q2 FY22
As on Sep-21, Assets Under Management of Nippon Life India Asset Management was Rs.400,831 Cr and mutual funds average AUM was Rs. 265,459 Cr
Overall AUM market share rose by 9 basis points to 7.33%
Following table shows how mucj individual assets,retail assets, beyond top 30 cities and individual AUM contributes to NIMF’s AUM
Digital purchase transactions rose by 55% in Sep quarter and digital channel contributed 53% to total new purchase transactions
As on Sep-21, NIMF has 1.3 Cr investor folios with an annualised SIP book of over Rs.7,800 Cr
Nippon AMC – Key takeaways from concall
Company has robust pipeline of 8 NFOs to strengthen both its active and passive offerings. 7 out them are passive which involves no commission payout
There is pressure on yields due to
Conscious cutting down of yields to compete in the market
