Nippon Life India Asset Management Company has announced a 29 percent increase in net profit for the March quarter, reporting ₹385 crore compared to ₹299 crore in the same period last year. Revenue from operations rose to ₹739 crore, up from ₹567 crore, although the company registered a net loss of ₹34 crore in contrast to earnings of ₹23 crore in other income during the previous year.
The fund house declared a dividend of ₹12.50 per equity share, with the record date set for June 26 and payment scheduled for July 10.
Assets under management (AUM) for the fund increased by 30 percent, reaching ₹7.25 lakh crore, compared to ₹5.57 lakh crore. However, the share of equity saw a slight decline to 45 percent from 47 percent, while the shares of debt and liquid assets fell from 15 percent to 13 percent and from 8 percent to 5 percent, respectively. In contrast, Exchange-Traded Funds (ETFs) increased their share to 33 percent, up from 28 percent. The retail monthly average AUM grew by 20 percent year-on-year, amounting to ₹1.96 lakh crore for the quarter.
The AUM from investments outside the top 30 cities grew by 28 percent to ₹1.43 lakh crore, which now represents 20 percent of the total AUM. Inflows through systematic investment plans (SIPs) slightly decreased to ₹10,870 crore in the March quarter from ₹10,980 crore in the December quarter.
Sundeep Sikka, Managing Director and CEO of NAM India, stated that the company’s focus on execution has led to improved market share, yielding the highest increase in the industry during FY26 and another year of record profits. He noted that net sales and SIP market share were notably above equity AUM market share.
Published on April 27, 2026.
