Nippon Life India Asset Management announced Q1FY25 results: Financial Highlights: Total Income stood at Rs 6.36 billion (USD 76 million) as against Rs 5.61 billion in Q4FY24. Q1FY25 profit after tax at Rs 3.32 billion - up 41% YoY Q1FY25 operating profit at Rs 3.08 billion – up 59% YoY, highest ever quarterly operating profit MF QAAUM at Rs 4.84 trillion - up 54% YoY MF QAAUM market share up 93 basis points YoY to 8.20% - highest QAAUM market share increase among all AMCs Market share gains across all segments – equity market share up 62 basis points YoY to 6.88% Q1FY25 systematic flows at Rs 75.3 billion - up 120% YoY Largest base of investors in the industry with overall unique investors at 17.5 million – market share of 37.4% MF AUM crossed Rs 5.0 trillion & passive AUM crossed Rs 1.5 trillion during the quarter Business Highlights: As on June 30, 2024, NAM India’s assets under management stood at Rs 6.04 trillion (USD 72.4 billion). For the quarter ended June 30, 2024, NIMF’s average assets under management stood at Rs 4.84 trillion (USD 58.0 billion) - an increase of 54% YoY and 12% QoQ. For the quarter ended June 30, 2024, share of Equity Assets rose to 49.8% of NIMF’s AUM as against 44.5% as of June 30, 2023. NIMF has one of the largest retail assets in the Industry, at Rs 1.54 trillion (USD 18.5 billion). Retail assets contributed 30% to NIMF’s AUM vs Industry average of 27%. High Networth Individual (HNI) AUM at Rs 1.44 trillion (USD 17.2 billion) – up 16% QoQ & market share growth of 21 bps QoQ. Individual AUM (Retail + HNI) was Rs 2.98 trillion (USD 35.7 billion) - an increase of 16% QoQ. This segment contributed 58% to NIMF’s AUM. NIMF’s AUM from ‘Beyond the Top 30 cities’ (B-30) stood at Rs 1.00 trillion (USD 12.0 billion) - an increase of 16% QoQ. This forms 19.6% of NIMF’s AUM vs. 18.1% for the Industry. NIMF’s quarterly systematic flows rose by 7.5% QoQ to Rs 75.3 billion (USD 903 million). This increase resulted in an annualised systematic book of ~Rs 310 billion (USD 3.7 billion). NIMF is one of the largest ETF players with AUM of Rs 1.30 trillion (USD 15.5 billion) and a market share of 17.79%. Nippon India AIF offers Category II and Category III Alternative Investment Funds and has a total commitment of Rs 65.1 billion (USD 780 million) across various schemes. NIMF has geographical presence at 263 locations pan India and is amongst the highest in the industry. Digital purchase transactions rose to 2.82 million in Q1FY25, up from 1.06 million in Q1FY24. Digital channel contributed 68% to new purchase transactions in Q1FY25. Result PDF