Nippon Life India Asset Management Limited — Others, 25-06-2025: Shareholders meeting

Nippon Life India Asset Management Limited reported a robust financial year with consolidated profit after tax rising 16% to ₹1,286 Cr and standalone profit up 20% to ₹1,252 Cr, driven by strong growth in mutual fund business. The company remains the fourth-largest AMC with a mutual fund average AUM of ₹5.57 Lakh Cr (29% YoY growth). Equity AUM grew 31% to ₹2.77 Lakh Cr, while ETF AUM crossed ₹1.53 Lakh Cr, maintaining leadership in passive investments. Systematic investment plans (SIP) grew 34% in folios and 31% in AUM, reflecting strong retail investor traction. NAM India’s digital transactions doubled to 14.4 million annually, with 71% of new purchases via digital platforms. The company has over 2.08 Crore unique investors and 1,14,000+ distributors supporting broad market reach, including 20% of AUM from beyond top-30 cities (B-30). Corporate governance remains strong with an experienced board including five independent directors, and the firm is focused on ESG integration and responsible investing. A final dividend of ₹10 per share is proposed, adding to the interim dividend of ₹8 per share already paid. The company continues to invest in technology, digital innovation, and human capital to sustain growth and financial inclusion in India. No material regulatory or legal issues impacting business continuity were reported, though a SEBI show cause notice related to past investments is under communication.