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 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