Icon times
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

Published on 12 November 2021 Views 21 Comments 0

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 the 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 annualized SIP book of over Rs.7,800 Cr

Nippon AMC – Key takeaways from concall

  • The company has a robust pipeline of 8 NFOs to strengthen both its active and passive offerings. 7 out of 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
  • Lower expense ratio in higher AUM slabs
  • Higher commission payout on NFOs
Originally Published On: https://blog.investyadnya.in/nippon-amc-q2fy22-result-analysis/
Attachments
File Name
private article suscription area icon

You like to know more. We like that!

Please subscribe Model Portfolio Plan to get access of all premium model portfolio articles Only at Rs 7499/Year.

Please login to view this free article.

This blog is available only for logged in users, please register and get access to view this article.

LATEST UPDATE

premium Premium
free Free
Read More

REPORTS


Corporate Action News

Chat on WhatsApp
Caret UP Arrow
InvestYadnya Support
Typically replies in minutes
InvestYadnya Support
Hi there
Welcome to InvestYadnya.
We are available to assist you on WhatsApp.
Please click on the button below to chat with us.
(10 AM to 7 PM IST)
16:10
Chat with InvestYadnya