Nippon Life India Asset Management Limited — Q1FY27 earnings call summary

Filed 23 July 2026 · Official transcript

NAM India was fastest growing AMC in Top-10 on overall and equity AUM in Q1 FY27
Q1 FY27 PAT at INR 5.04 bn (+27% YoY), Operating Profit INR 4.94 bn (+31% YoY)
Expense growth guided at 18-20% ex-ESOP for next 6-8 quarters
ESOP expense approx INR 60 cr for FY27
Market share reached 9.04%, highest since June 2019; equity net sales and SIP market share remain above equity AUM share
Mutual Fund QAAUM grew 22.7% YoY to INR 7.52 tn; SIP market share steady at 9.84%
SIF product launch pending approvals; JV with DWS for European access progressing
Equity yield stable at 54 bps ex-arbitrage; TER pass-through mostly complete