Page 3 - வாழ்க்கை இந்தியா சொத்து மேலாண்மை News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Nippon Life India Asset Management (NAM India) reported a consolidated net profit of Rs 167 crore in Q4 FY21 compared with net profit of Rs 4 crore in Q4 FY20. Total income during the quarter increased by 142% year-on-year (YoY) to Rs 362 crore. Nippon Life India Asset Management is an asset manager of Nippon India Mutual Fund (NIMF). For the quarter ended 31 March 2021, NIMF s average assets under management was Rs 2,28,586 crore, an increase of 12% year-on-year. For the quarter ended 31 March 2021, share of equity assets rose to 40.6% of NIMF s AUM as against 39.1% for the quarter ended 31 December 2020. However, it is lower compared with 42% for the quarter ended 31 March 2020.

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