872.4000 -3.70 (-0.42%)
NSE Oct 03, 2025 14:27 PM
Volume: 825.4K
 

ICICI Securities Limited
Nippon Life India AMC (Nippon) reported weak earnings, primarily led by MTM losses on investments. Regressive AUM growth, amid Covid-19, kept the topline under pressure with the outlook being a bit uncertain. Industry AUM declined to | 22.3 lakh crore as of March 2020 vs. | 26.5 lakh crore as of December 2019. Equity segment saw a decline of ~24% QoQ to | 8.3 lakh crore, led by a correction in markets. Debt, liquid schemes saw ~7%, ~11% QoQ, respectively, decline in AUM due to outflows in the...
Nippon Life India As.. has an average target of 840.86 from 7 brokers.
More from Nippon Life India Asset Management Ltd.
Recommended