Nippon Life Q1 Review - Retail Performance Remains Strong; SIP Flows Should Improve: 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.Market share and retail folio growth, as well as cost performance spanned out favourably for Nippon Life India Asset Management Ltd. in Q1 FY22. However, high net worth individual share improvement will be key for growing the systematic investment plan book.Nippon Life added 630,000 unique investors in Q1 FY22 versus 1.1 million by the industry. Similarly, it added 1.4 million exchange-traded fund folios in Q1 FY22, which accounted for 82% of incremental folios added by the industry. In terms of unique investors, the company’s market share improved to 31% in Q1 FY22 versus 30% in Q4 FY21. However, systematic transactions in June 2021 stood at Rs 5.9 billion versus Rs 6.6 billion in March 2021 and Rs 6.7 billion in June 2021. .Click on the attachment to read the full report:.DISCLAIMERThis 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.

Nippon Life Q1 Review - Retail Performance Remains Strong; SIP Flows Should Improve: ICICI Securities

Nippon Life Q1 Review - Retail Performance Remains Strong; SIP Flows Should Improve: ICICI Securities

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