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Buy Nippon Life India Asset Management Ltd For Target Rs. 850 By Centrum Broking Ltd Another stellar quarter Nippon AMC’s strong run continues with its QAAUM increasing 57% yoy and 14% qoq to Rs5.5tn at end Q2FY25. The market share on both, equity and overall basis has increased with it maintaining its fourth position in the industry. The net flows in the equity and hybrid segment continued to remain higher than the equity AUM market share. At end Q2, PAT increased 47% yoy impacted by one-offs on the taxes announced in the budget. While core PAT expanded 48% yoy to R...
Buy Nippon Life India Asset Management Ltd For Target Rs. 850 By Centrum Broking Ltd
Buy Nippon Life India Asset Management Ltd For Target Rs. 850 By Centrum Broking Ltd
Source: Centrum Broking Ltd
2024-11-01 11:14:28 am
Buy Nippon Life India Asset Management Ltd For Target Rs. 850 - Centram Broking Ltd Another stellar quarter Nippon AMC’s strong run continues with its QAAUM increasing 57% yoy and 14% qoq to Rs5.5tn at end Q2FY25. The market share on both, equity and overall basis has increased with it maintaining its fourth position in the industry. The net flows in the equity and hybrid segment continued to remain higher than the equity AUM market share. At end Q2, PAT increased 47% yoy impacted by one-offs on the taxes announced in the budget. While core PAT expanded 48% yoy to R...
Buy Nippon Life India Asset Management Ltd For Target Rs. 850 - Centram Broking Ltd
Buy Nippon Life India Asset Management Ltd For Target Rs. 850 - Centram Broking Ltd
Source: Centrum Broking Ltd
2024-10-31 02:30:44 pm
Add Nippon Life India AMC Ltd For Target Rs.725 By Yes Securities Strong equity flows continue to support Our view – Yield erosion partly offset by rise in share of equity Revenue Yield – Equity AUM share improves but revenue yield inches lower: NAM’s equity AUM (ex-ETF) market share has improved during the quarter by 12bps QoQ and stood at 6.88%. With 14% sequential growth in equity QAAUM as against 12% sequential growth in total QAAUM, the share of equity in total QAAUM has also improved by 60bps QoQ. However, due to telescopic pri...
Add Nippon Life India AMC Ltd For Target Rs.725 By Yes Securities
Add Nippon Life India AMC Ltd For Target Rs.725 By Yes Securities
Source: Yes Securities Ltd
2024-08-07 05:02:34 pm
Add Nippon Life India AMC Ltd For Target Rs.625 - Yes Securities Our view – NAM has outperformed the industry on net largecap flows Equity net flows continue to be healthy on the back of fund performance, among other factors: The market share in net equity flows including hybrid funds remains in excess of 10%. The healthy flows are driven by fund performance, among other reasons. Net flows are being witnessed across equity schemes including largecap, midcap and others. 25% of the net flows have come into the largecap category since the company ha...
Add Nippon Life India AMC Ltd For Target Rs.625 - Yes Securities
Add Nippon Life India AMC Ltd For Target Rs.625 - Yes Securities
Source: Yes Securities Ltd.
2024-04-30 11:56:42 am
Add Nippon Life India AMC Ltd For Target Rs.10 - Yes Securities NAM maintains healthy share in net equity flows Our view – NAM has outperformed the industry on net largecap flows Equity net flows continue to be healthy on the back of fund performance, among other factors: The market share in net equity flows including hybrid funds remains in excess of 10%. The healthy flows are driven by fund performance, among other reasons. Net flows are being witnessed across equity schemes including largecap, midcap and others. 25% of the net flows have co...
Add Nippon Life India AMC Ltd For Target Rs.10 - Yes Securities
Add Nippon Life India AMC Ltd For Target Rs.10 - Yes Securities
Source: Yes Securities Ltd.
2024-04-27 11:50:07 am
AMCs stocks fall after SEBI asks to put in place framework to safeguard investors amid surging inflow Stocks related to the asset management companies (AMCs) fell on the BSE, after capital markets regulator -- the Securities and Exchange Board of India (SEBI) has asked mutual fund houses to put in place a framework to safeguard investors, who invested in smallcap and midcap schemes, amid a ‘froth building up’ in these categories. Also, the regulator has suggested steps such as restrictions on inflows in these segments, portfolio rebalancing, and laying guidelines to safeguard inve...
AMCs stocks fall after SEBI asks to put in place framework to safeguard investors amid surging inflow
AMCs stocks fall after SEBI asks to put in place framework to safeguard investors amid surging inflow
Source: Accord Fintech
2024-03-01 12:49:00 pm
Buy Nippon Life India Asset Management Ltd.For Target Rs. 601 - Religare Broking Ltd AuM growth over industry rates: Nippon Life India AMC reported AuM growth of 7.7% QoQ/29% YoY to Rs 3,777 Bn. The growth remained strong over and above the industry growth of 4.7% QoQ/22.2% YoY. Due to growth above industry growth, NAM India saw an increase in its market share to 7.7% growing by 21.3bps QoQ/40bps YoY. The growth in AuM was led by equity funds which increased by 12% QoQ/41% YoY. Along with equity funds, ETFs funds reported strong growth of 13% QoQ/39% YoY with strong growth in...
Buy Nippon Life India Asset Management Ltd.For Target Rs. 601 - Religare Broking Ltd
Buy Nippon Life India Asset Management Ltd.For Target Rs. 601 - Religare Broking Ltd
Source: Religare Broking Ltd
2024-02-27 03:16:00 pm
Nippon India Mutual Fund Announces Appointment of New Chief Marketing Officer - Kaiyomurz Daver  Nippon Life India Asset Management Limited (NAM India), asset manager of Nippon India Mutual Fund (NIMF), announces the appointment of Mr. Kaiyomurz Daver as their New Chief Marketing Officer.  Mr. Daver brings with him a rich experience of over 25 in building and leading high-performance marketing, digital, and corporate communication teams to align with business objectives and drive growth. He will be responsible for building and executing the firm’s  marketing...
Nippon India Mutual Fund Announces Appointment of New Chief Marketing Officer - Kaiyomurz Daver
Nippon India Mutual Fund Announces Appointment of New Chief Marketing Officer - Kaiyomurz Daver
Source: PR Agency
2024-02-06 02:21:54 pm
Add Nippon Life India Asset Management Ltd For Target Rs.435 - YES Securities Yield stagnant despite rise in share of equity Result Highlights (See “Our View” below for elaboration and insight) ? Revenue: Revenue from operations at Rs 3,975mn was up 12.2% QoQ and 19.9% YoY, matching/ lagging 12% QoQ and 23% YoY growth in QAAUM ? Share of Equity in AUM: Share of Equity in AUM (including Hybrid funds) at 47% was up 230bps QoQ and 337 bps YoY (calculated on rounded off figures) ? Share of B-30 in AUM: Share of B-30 in AUM at 19.9% was up 60bps/170b...
Add Nippon Life India Asset Management Ltd For Target Rs.435 - YES Securities
Add Nippon Life India Asset Management Ltd For Target Rs.435 - YES Securities
Source: Yes Securities Ltd
2023-11-09 11:39:55 am
Buy Nippon Life India Asset Management Ltd For Target Rs.430 - JM Financial NAM reported an operating PBT of INR 2.3bn (+25% YoY, +20% QoQ; in-line vs JMFe) driven by a) strong AUM growth of 23% YoY, b) steady top-line yields of 45bps (flat QoQ) and controlled opex (+13% YoY). Overall MF QAAUM witnessed a growth of +12% QoQ (+23% YoY) with strong growth in equity and ETFs (+31.5% and +33% YoY resp) on back of buoyant markets and market share gains; further, even debt AUM witnessed a growth of +24% YoY. Monthly SIP flows improved to INR 17.3bn in Sep’23 vs INR 1...
Buy Nippon Life India Asset Management Ltd For Target Rs.430 - JM Financial
Buy Nippon Life India Asset Management Ltd For Target Rs.430 - JM Financial
Source: JM Financial Institutional Securities Ltd
2023-11-06 12:58:27 pm
Buy Nippon Life India Asset Management Ltd For Target Rs.435 - Religare Broking Ltd Surge in AuM along with improvement in margins leading to top-line growth Strong AuM growth and market share gain: Nippon India Life Asset Management recorded strong AuM growth of 11.8% QoQ/23% YoY to Rs 3,506 Bn which was higher than the industry growth of 9% QoQ/20.3% YoY to Rs 47,000 Bn even after the regulator had announced restriction in lumpsum investment in small cap funds. The higher than industry growth led to gain in market share after 5 consecutive quarters by 18.3bps QoQ/16.1bp...
Buy Nippon Life India Asset Management Ltd For Target Rs.435 - Religare Broking Ltd
Buy Nippon Life India Asset Management Ltd For Target Rs.435 - Religare Broking Ltd
Source: Religare Broking Ltd
2023-11-02 02:59:45 pm
Nippon Life Asset Management Declared an interim dividend of INR 5.50 per share for Q2-FY24 The Board of Directors of Nippon Life India Asset Management Limited have declared an interim dividend of INR 5.50 per share for FY24. This represents an increase of 38% YoY over the interim dividend of INR 4.00 per share for FY23 (Full year FY23 dividend paid of INR 11.50 per share).   Above views are of the author and not of the website kindly read disclaimer
Nippon Life Asset Management Declared an interim dividend of INR 5.50 per share for Q2-FY24
Nippon Life Asset Management Declared an interim dividend of INR 5.50 per share for Q2-FY24
Source: PR Agency
2023-10-31 04:20:01 pm
Buy Nippon Life India Asset Management Ltd For Target Rs.374 - Religare Broking Ltd Strong growth in revenue and increase in profitability: NAM India?s revenue from operations increased by 1.1% QoQ/11.7% YoY to Rs 329cr on account of solid growth in AuM while yields remain moderated. Other income increased by 128% QoQ on account of dividend income and gains on investment. The growth in top-line was translated in PAT which saw a healthy growth of 11.8%/84% YoY to Rs 205cr.Growth in AuM size: During the quarter, the industry AuM increased by 14% YoY while the company?s Au...
Buy Nippon Life India Asset Management Ltd For Target Rs.374 - Religare Broking Ltd
Buy Nippon Life India Asset Management Ltd For Target Rs.374 - Religare Broking Ltd
Source: Religare Broking Ltd
2023-10-12 02:16:23 pm