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Nippon Life India Asset Management Ltd (NAM INDIA) is one of India’s leading asset management companies, managing a diversified portfolio of mutual funds, ETFs, and other investment products. The company has a strong domestic presence supported by a wide distribution network and a growing digital platform. During Q3 FY26, total assets under management (AUM) crossed around ?8.1 trillion, reflecting steady inflows and market performance. The AMC continues to strengthen its market position with a large investor base and a balanced mix of active and passive products, positioning it among the fastest-growing large asset managers in the country

Rising Systematic Flows and Expanding Retail Investor Base: The company continues to witness strong momentum in systematic flows, which remain a key growth driver. Quarterly systematic inflows grew 11% YoY to ?10,980 crore as of Q3FY26, while monthly inflows stood at Rs.3,760 crore (annualised Rs.45,100 crore). The company holds a healthy SIP market share of 9.8% and serves around 22.7 million unique investors, making it one of the largest retail-focused AMCs in India. The company is also seeing strong traction in retail equity flows, supported by consistent SIP inflows and stable market share, reflecting sustained investor confidence and robust distribution strength. Backed by increasing financialisation of household savings, rising investor awareness, and a strong presence in equity-oriented schemes, the company is well positioned to sustain long-term inflows and drive consistent AUM growth

Leadership in Exchange-Traded Fund (ETFs) and passive investment products: NAM India continues to maintain a strong leadership position in ETFs and passive investments, with ETF AUM of Rs.2.09 trillion and over 20% market share as of Q3FY26. Growth is supported by strong institutional participation, including EPFO, along with rising retail adoption of low-cost, index-based strategies. ETFs are emerging as a key growth driver, particularly higher-yielding commodity ETFs such as Gold (60 bps) and Silver (30 bps), compared to 53 bps yields in equity. Notably, combined Gold and Silver ETF AUM crossed Rs.1 lakh crore in January 2026, reflecting strong investor traction. With increasing awareness of cost efficiency and diversification, passive investing is set for structural growth, positioning the company well to capitalise on this opportunity.

Digital distribution and expanding reach beyond metro cities: The Company is actively strengthening its digital ecosystem, with 77% of new transactions executed through digital channels as of Q3FY26. The company is expanding beyond metros by enhancing its network of IFAs and distributors in smaller towns, with B30 AUM growing 20% YoY and contributing around 20% of total AUM, indicating deeper penetration. Growth is driven by rising financial literacy, improved digital access, and increasing disposable incomes in Tier-2 and Tier-3 cities, positioning the company well to capture the next wave of mutual fund penetration.

Strategic Partnerships: NAM India has partnered with DWS Group (formalised on March 14, 2026), under which DWS will acquire a 40% stake in Nippon Life India AIF Management Limited for Rs.733 crore. The partnership focuses on scaling alternative investments and strengthening passive offerings, positioning the company to capture emerging growth opportunities.

Strategic Partnerships: NAM India has partnered with DWS Group (formalised on March 14, 2026), under which DWS will acquire a 40% stake in Nippon Life India AIF Management Limited for Rs.733 crore. The partnership focuses on scaling alternative investments and strengthening passive offerings, positioning the company to capture emerging growth opportunities.

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