Nippon Life India Asset Management Ltd. share price target

Reliance Nippon Life Asset Management Ltd. (RNLAM) is one of the largest asset management companies in India, managing total AUM of Rs. 3,62,550 crore as of June 30, 2017. It is jointly promoted by Reliance Capital, a part of Anil Dhirubhai Ambani-led Reliance Group which currently holds 46.57%, and Nippon Life Insurance Company, a leading private life insurer in Japan which holds 49% share....

Incorporated in 1995, Reliance Nippon Life Asset Management Ltd has market share of over 11.4% in mutual funds offerings in India. Reliance Nippon Life is ranked the 2nd most profitable asset management company in India. it is involved in managing (i) mutual funds (including ETFs); (ii) managed accounts, including portfolio management services, alternative investment funds (AIFs) and pension funds; and (iii) offshore funds and advisory mandates. The company handles offshore funds across Asia, Middle East,...

Reliance Nippon Life Asset Management Ltd (RNAM) is the third largest Asset Management Company (AMC) in terms of quarterly average AUM (QAAUM) with 11.4% market share and is ranked second most profitable AMC. RNAM managed `3,84,061cr as on August 2017, which includes Mutual Fund (`2,28,329cr), Managed Account (`1,53,509cr) and offshore fu..

Reliance Nippon Life Asset Management Ltd. (RNLAML) is promoted by Reliance Capital Ltd., an RBI registered non-banking financial company and Nippon Life Insurance Company, one of the leading private life insurers in Japan. It is one of the largest asset management companies in India, managing total AUM of `3625.5bn as on June 30, 2017. RNLAML is involved in managing (i) mutual funds (including ETFs), (ii) managed accounts, including portfolio management services, alternative investment funds (AIFs) and pension funds, and (iii) offshore funds and advisory mandates. RNLAML was ranked as the second most profitable AMC in India for the FY16, and the third largest AMC, in terms of mutual fund quarterly average AUM...

ICICI Securities Ltd | Retail Equity Research Promoted by Reliance Capital Ltd, Reliance Nippon Life Asset Management Ltd (RAMC) is one of the largest asset management companies in India, managing total AUM of | 3,62,550 crore as of June 30, 2017. It is involved in managing mutual funds (including ETFs), managed accounts, including portfolio management services (PMS), AIFs, pension funds, offshore funds and advisory mandates. The company acts as asset manager for Reliance Mutual Fund, managing...

Leading Asset Management Company with Strong Credentials to Drive Growth: Fresh Issue ( @ Higher Band) (Rs. Cr.) 616.90 They have a diversified investor base, and as of Q1FY18, They manage assets for 7.01 Offer for Sale ( @ Higher Band) (Rs. Cr.) 925.30 mn investor folios, which comprised 6.72 mn retail folios. As of Q1FY18, the MAAUM of retail investors managed by them was the second largest (with a total market share of Pre Issue Equity Capital (Rs.Cr.) 587.52 13.6%) among asset management companies in India, according to ICRA..They believe...

Reliance Nippon Life Asset Management Ltd. (RNAM) is one of the largest asset management companies in India, managing total asset under management (AUM) of Rs. 3,625.5bn as of 30th Jun. 2017. It is ranked the 3rd largest asset management company with a market share of 11.4%. In FY16, it was ranked the second most profitable asset management company in India. Net proceeds from fresh issue will be utilized for - funding future inorganic growth & strategic initiatives; investment in the new...