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This Article is From Jun 05, 2024

Nippon Life - Strong Retail Presence; Expanding Distribution Reach: Nirmal Bang

Nippon Life - Strong Retail Presence; Expanding Distribution Reach: Nirmal Bang
Indian rupee banknotes arranged for photograph. (Source: Unsplash)
STOCKS IN THIS STORY
Nippon Life India Asset Management Ltd.
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NDTV Profit's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer NDTV Profit's subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Nirmal Bang Report

We hosted the management of Nippon Life Asset Management Ltd. as part of our Investor Conference. Key takeaways from the meeting are:

  • The company highlighted that it has the largest investor base in the AMC industry with 37% share of unique investors and a retail share of 30% (higher than industry average of 27%).

  • While equity yields are expected to remain under pressure, the company is focusing on Offshore/AIF business to drive volume. A steady uptick in SIP flows and market share revival in high-yielding segments is likely to aid earnings.

  • As a non-banca backed AMC, Nippon Life AMC continues to invest in technology/ infrastructure; focus is on B-30 locations and digital customer acquisition to help strengthen distribution reach.

Click on the attachment to read the full report:

Nirmal Bang Nippon Life Update.pdf
VIEW DOCUMENT

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This report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit.

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