Company Nippon Life India Asset Management Limited

Equities

NAM-INDIA

INE298J01013

Investment Management & Fund Operators

End-of-day quote NSE India S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
580.1 INR -0.23% Intraday chart for Nippon Life India Asset Management Limited +3.38% +29.53%

Business Summary

Nippon Life India Asset Management Limited is an asset management company. The Company’s principal activity is to act as an investment manager to Nippon India Mutual Fund. The Company is involved in managing mutual funds, such as exchange traded funds (ETFs); managed accounts, including portfolio management services, alternative investment funds and pension funds, and offshore funds and advisory mandates. Its four offshore schemes include UCITS Equity Fund, UCITS Fixed Income Fund, India Fixed Income ETF, India Fixed Income ETF. The Company acts as an advisor for India focused Equity & Fixed Income funds in Japan, and in Thailand. It also manages offshore funds through its subsidiary in Singapore and has representative office in Dubai thereby catering to investors across Asia, Middle East, United Kingdom, United States, and Europe. Its subsidiaries include Nippon Life India Asset Management (Singapore) Pte. Ltd., and Nippon Life India AIF Management Limited.

Number of employees: 1,007

Sales per Business

INR in Million2022Weight2023Weight Delta
Asset Management Services
100.0 %
15,356 100.0 % 15,166 100.0 % -1.24%

Sales per region

INR in Million2022Weight2023Weight Delta
India
100.0 %
15,356 100.0 % 15,166 100.0 % -1.24%

Managers

Managers TitleAgeSince
Chief Executive Officer 51 16-04-21
Chief Administrative Officer - -
Chief Tech/Sci/R&D Officer - -
Compliance Officer 53 08-05-14
Chief Operating Officer - -
Compliance Officer - 18-10-31
Comptroller/Controller/Auditor - -
Corporate Officer/Principal - -
Corporate Officer/Principal - -
Corporate Officer/Principal - -

Members of the board

Members of the board TitleAgeSince
Director/Board Member 84 16-04-21
Director/Board Member 57 18-04-24
Chief Executive Officer 51 16-04-21
Chairman 72 23-04-30
Director/Board Member 65 21-03-14
Director/Board Member 51 15-03-23
Director/Board Member 71 20-07-31
Director/Board Member 52 22-04-20
Director/Board Member - 23-04-24

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 630,458,285 168,494,914 ( 26.73 %) 0 26.73 %

Shareholders

NameEquities%Valuation
Nippon Life Insurance Co.
72.86 %
459,028,095 72.86 % 2 588 M ₹
Life Insurance Corporation of India (Investment Portfolio)
6.058 %
38,164,557 6.058 % 215 M ₹
20,497,423 3.254 % 116 M ₹
HDFC Asset Management Co. Ltd. (Invt Mgmt)
2.414 %
15,210,525 2.414 % 86 M ₹
SBI Funds Management Ltd.
1.485 %
9,354,130 1.485 % 53 M ₹
UTI Asset Management Co. Ltd. (Investment Management)
0.7259 %
4,573,379 0.7259 % 26 M ₹
DSP Asset Managers Pvt. Ltd.
0.5697 %
3,589,404 0.5697 % 20 M ₹
Tata Asset Management Ltd.
0.5372 %
3,384,275 0.5372 % 19 M ₹
Mirae Asset Investment Managers (India) Pvt Ltd.
0.2433 %
1,532,814 0.2433 % 9 M ₹
Kotak Mahindra Life Insurance Co., Ltd.
0.2150 %
1,354,761 0.2150 % 8 M ₹

Company contact information

Nippon Life India Asset Management Ltd.

Tower A, Peninsula Business Park Ganapatrao Kadam Marg

400013, Mumbai

+022 5663 4800

http://www.mf.nipponindiaim.com
address Nippon Life India Asset Management Limited(NAM-INDIA)

Group companies

NameCategory and Sector
Nippon India Balanced Advantage Fund
Investment Trusts/Mutual Funds
Nippon India Equity Hybrid Fund
Investment Trusts/Mutual Funds
Nippon India Income Fund
Investment Trusts/Mutual Funds
Nippon India Corporate Bond Fund
Investment Trusts/Mutual Funds
Nippon India Short Term Fund
Investment Trusts/Mutual Funds
Nippon India Gilt Securities Fund
Investment Trusts/Mutual Funds
Nippon India Floating Rate Fund
Investment Trusts/Mutual Funds
Nippon India Dynamic Bond Fund
Investment Trusts/Mutual Funds
Nippon India Low Duration Fund
Investment Trusts/Mutual Funds
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