Nippon Life India AMC Q4 Review - Strong Execution; Building On Growth Optionalities: ICICI Securities
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
ICICI Securities Report
The combination of -
- strong revenue growth of 10% YoY and 12% QoQ in Q4 FY21 as well as strong cost performance in FY21 (15% YoY decline in operating expenses in FY21),
- growth optionalities through non-mutual fund product portfolio (assets under management Rs 1.32 trillion) and
- improvement in retail traction (of the total two million unique investors added by MF industry in FY21, 0.9 million were added by the company)
are the healthy business indicators for Nippon Life India Asset Management Ltd.
Click on the attachment to read the full report:
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.