Latest news with #NipponLifeIndiaAssetManagement
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Business Standard
a day ago
- Business
- Business Standard
Nippon AMC Q1 profit up 19%; BoI Mutual Fund launches midcap fund
Nippon AMC Q1 profit up 19% Nippon Life India Asset Management on Monday announced that its net profit went up 19 per cent year-on-year (Y-o-Y) in the first quarter (Q1) of financial year (FY) 2026. Compared to the previous quarter Q4FY25, profit is up 33 per cent. Revenue from operation during the quarter surged 20 per cent Y-o-Y to ₹607 crore. The average assets under management (AUM) by its mutual fund schemes surged 27 per cent to ₹6.13 trillion. 'Retail assets contributed 29 per cent to the mutual fund AUM vs industry average of 27 per cent,' the firm said. Zerodha MF launches Multi Asset Passive FoF Zerodha Fund House on Monday announced the launch of Zerodha Multi Asset Passive Fund of Fund (FoF). The scheme will invest across equity, debt and commodity exchange traded funds (ETFs). The scheme will invest close to 30 per cent in a largecap ETF, 30 per cent in a midcap ETF and 25 per cent in Gold ETF. The remaining 15 per cent will be invested in a g-sec ETF. 'The Zerodha Multi Asset Passive FOF is a good starting point for those investors seeking to diversify through a simple ready-made portfolio in a single investment' said Vishal Jain, CEO, Zerodha Fund House. BoI Mutual Fund launches midcap fund Bank of India Mutual Fund (MF) on Monday announced the launch of midcap fund, an active equity scheme aiming to invest in midcap stocks across key growth sectors like financials, industrials, healthcare, and consumer. 'The fund will focus on identifying quality mid-cap businesses with proven execution, scalable models, and sectoral tailwinds. With a bottom-up stock-picking approach, the scheme seeks to balance growth and risk by investing in companies with competitive advantages and strong management,' the fund house said.
Business Standard
a day ago
- Business
- Business Standard
Nippon Life India Asset Management consolidated net profit rises 19.19% in the June 2025 quarter
Sales rise 20.13% to Rs 606.61 croreNet profit of Nippon Life India Asset Management rose 19.19% to Rs 396.12 crore in the quarter ended June 2025 as against Rs 332.33 crore during the previous quarter ended June 2024. Sales rose 20.13% to Rs 606.61 crore in the quarter ended June 2025 as against Rs 504.96 crore during the previous quarter ended June EndedJun. 2025Jun. 2024% 20 OPM %63.9862.66 -PBDT532.33445.58 19 PBT523.89438.75 19 NP396.12332.33 19 Powered by Capital Market - Live News
Time of India
04-07-2025
- Business
- Time of India
Stock Radar: Nippon Life stock gives a breakout from Cup pattern in June; check target & stop loss for long positions
Nippon Life India Asset Management is showing positive market movement. The stock broke out from a cup handle pattern in June. It is consolidating within a range. Experts suggest a potential buy for short-term traders. The stock price may rise to Rs 950 in the coming weeks. A stop loss at Rs 712 is advised. Nippon Life India Asset Management Ltd, part of the asset management company industry, gave a breakout from a Cup handle back in June 2025 and is consolidating in a narrow term traders can look to buy the stock as it is trading above crucial support levels; hence, a bounce back could be on the stock entered a consolidation phase after hitting a swing high of Rs 816 on December 11, 2024, and subsequently breached most of its
Mint
12-06-2025
- Business
- Mint
3 AMC stocks soar over 100% in 2 years amid steady rise in mutual fund inflows. Do you own any?
Asset Management Companies (AMCs), which manage mutual funds and other pooled investment vehicles on behalf of investors, have seen their share prices skyrocket in recent years. This surge comes as mutual funds have become the preferred investment choice among Indian retail investors, leading to a strong expansion in their Assets Under Management (AUM) and allowing AMCs to generate higher revenue. Nippon Life India Asset Management, which had a mutual fund AUM of ₹ 5.6 lakh crore as of the March quarter, has delivered stellar returns as its stock has surged 207% over the past two years, currently trading at ₹ 753 apiece. Likewise, HDFC Asset Management Company has returned 165% in the last two years, with the stock currently trading at ₹ 5,123.90 apiece. As of the March quarter, the company managed an AUM of ₹ 7.75 lakh crore, according to AMFI data. Aditya Birla Sun Life AMC has also delivered strong returns to shareholders, with its stock price jumping 109% over the last two years. The company's Assets Under Management stood at ₹ 3.8 lakh crore as of the March quarter. According to analysts, the stellar rally in AMC stocks is likely to remain buoyant, driven by sustained inflows into mutual funds from retail investors. They further believe that the recent 50 basis point cut in the repo rate by the RBI could make fixed deposits less attractive, potentially prompting more investors to shift towards mutual fund investments. Domestic brokerage firm InCred Equities expects the inflow momentum to pick up pace in the near term and sustain in the medium term, driven by higher retail participation, better understanding of market volatility, growing investment discipline, and increasing contributions from B-30 cities. The brokerage remains optimistic over the mid- to long-term outlook, citing improving geographic penetration and the rising popularity of mutual fund schemes, particularly among young and middle-income investors. InCred maintains an 'Add' rating for all listed AMC players, with Nippon Life India Asset Management as its top pick, citing consistent, performance-led market share gains. 'We like HDFC AMC for its market share gains and Aditya Birla Sun Life AMC for its turnaround story. The ongoing speculation around the possible acquisition of UTI AMC adds to its attractiveness,' the brokerage noted. As per the data released by AMFI (Association of Mutual Funds of India), the overall average assets under management or AUM of mutual funds in May 2025 increased by 4% mom to the all-time high of ₹ 72.2 lakh crore, led by healthy inflow and strong capital market returns. Consequently, equity fund AUM increased by 6% mom to ₹ 32 lakh crore, which now contributes 44% of the total AUM. Disclaimer: The views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before taking any investment decisions.
Time of India
14-05-2025
- Business
- Time of India
Buy Nippon Life India AMC, target price Rs 692: Axis Securities
Axis Securities has a Buy call on Nippon Life India Asset Management with a target price of Rs 692. The current market price of Nippon Life India Asset Management is Rs 698.45. Nippon Life India Asset, incorporated in 1995, is a Large Cap company with a market cap of Rs 44365.71 crore, operating in Financial Services sector. Nippon Life India Asset Management's key products/ revenue segments include Investment Management & Advisory Fees and Income From Portfolio Management Services for the year ending 31-Mar-2024. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like This might be relevant for you Undo Financials For the quarter ended 31-03-2025, the company has reported a Consolidated Total Income of Rs 589.58 crore, down -2.27 % from last quarter Total Income of Rs 603.30 crore and up 5.18 % from last year same quarter Total Income of Rs 560.57 crore. The company has reported net profit after tax of Rs 298.32 crore in the latest quarter. The company's top management includes Kumar Sinha, Sikka, Parekh, Prakash Malik, Chatterjee, Mr.B Sriram, Yao, Yamauchi, Kimura. The company has S R Batliboi & Co. LLP as its auditors. As on 31-03-2025, the company has a total of 63 crore shares outstanding. Live Events Investment Rationale Axis Securities expects NAM to deliver a healthy MF AUM/Revenue/Earnings growth of 18/14/13% CAGR over FY25-27E, driven by (i) diversified product offerings, (ii) strong retail-focused franchise, and (iii) focus on profitable growth. Given the low penetration levels in India vis-a-vis developed countries, NAM is a play on the financialisation of savings in India. The brokerage recommends a BUY rating on the stock with a target price of Rs 692/share, implying an upside of 10% from the CMP. Promoter/FII Holdings Promoters held 72.32 per cent stake in the company as of 31-Mar-2025, while FIIs owned 8.34 per cent, DIIs 12.81 per cent.
