Nippon Life India Asset Management Ltd.
976.00
INR
-24.00
(-2.40%)
ISIN
INE298J01013
Return %
Stock
S&P 500
1Y
0.81
14.20
3Y
164.32
81.12
5Y
117.23
68.34
Capital Structure
INR
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in mil. unless spec.Working Capital
INR
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in mil. unless spec.Growth Rates
INR
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in mil. unless spec.Quarterly Revenue
INR
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
INR
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in mil. unless spec.Company Description
- CEO
- Sundeep Sikka
- Full Time Employees
- 1,563
- Sector
- Finance
- Industry
- Investment managers
- Address
- Tower A, 4th Floor Mumbai MA India 400 013
- IPO Date
- Nov 6, 2017
- Website
- mf.nipponindiaim.com
- Similar Companies
- Business
- Nippon Life India Asset Management Limited operates as a leading asset management company in India, providing a comprehensive range of investment management services. The company offers mutual fund products including equity, debt, and balanced funds; portfolio management services; alternative investment funds (AIFs); financial planning; and advisory services. It manages assets across various categories such as India-focused debt, equity, and gold assets for individual investors, institutions, trusts, and offshore clients. The company also advises pooled assets including government-sponsored provident funds and pension funds. Established in 1995 and headquartered in Mumbai, Nippon Life India Asset Management operates extensively throughout India with a strong presence in the mutual fund and alternative investment segments. In terms of recent major changes, Nippon Life India Asset Management entered into a strategic partnership with DWS Group, the asset management arm of Deutsche Bank, with DWS acquiring a 40% minority stake in Nippon Life India AIF Management Limited, a wholly owned subsidiary. This joint venture aims to expand the Alternatives business in India by leveraging DWS’s global reach to attract offshore investors and broaden the alternatives product suite, including private credit, listed equities, real estate, and venture capital. Additionally, the company acquired two commercial properties in Mumbai’s One Lodha Place development to strengthen its operational footprint. These developments underscore the company’s strategic focus on enhancing its alternatives platform and expanding its market presence domestically and internationally. Nippon Life India Asset Management targets retail and institutional investors across India, managing a diversified portfolio of over 50 equity schemes, numerous debt funds, balanced funds, and AIFs. Its products cater to various customer segments, including individual investors seeking mutual funds and portfolio management as well as institutional clients requiring bespoke advisory and investment solutions. With a debt-free balance sheet and a track record of strong profit growth and return on equity, the company continues to consolidate its position among India’s top asset managers. Nippon Life India Asset Management also operates subsidiaries and maintains regulatory approvals to manage offshore funds and pooled assets, supporting its broad operational scope. Overall, Nippon Life India Asset Management Limited embodies a comprehensive asset management entity with extensive product offerings spanning mutual funds, portfolio management, and alternative investments. Its recent strategic alliance with DWS Group and property acquisitions highlight ongoing initiatives to diversify and strengthen its business capabilities and geographical outreach within the Indian financial services sector. The company remains headquartered in Mumbai and continues to leverage its three decades of experience in the Indian asset management industry.