Nippon Life India Asset Management NAM-INDIA
Large fund house owned by Japan's Nippon Life, India's biggest ETF manager and strong with retail SIP investors in smaller towns
Mapped in 1 theme: Capital Markets.
Where Nippon Life India Asset Management sits in the supply chain
Nippon Life India Asset Management appears in 1 supply-chain layer in one theme, Capital Markets.
Revenue and profit
| ₹ Cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 1,533 | 1,512 | 2,036 | 2,518 | 2,924 |
| Net profit | 744 | 723 | 1,107 | 1,286 | 1,529 |
Latest-year revenue ₹2,924 Cr (FY26, company-wide).
Strengths
- Largest ETF franchise in India (Nippon India ETFs) - wins passive flows
- Strong retail and B-30 (smaller-city) presence
- Offshore and alternatives businesses add to the mutual-fund core
Risks
- ETF assets earn thin fees, diluting yield
- Small-cap fund concentration makes flows sensitive to small-cap sentiment
Common questions
What does Nippon Life India Asset Management do?
Large fund house owned by Japan's Nippon Life, India's biggest ETF manager and strong with retail SIP investors in smaller towns.
Where does Nippon Life India Asset Management sit in the supply chain?
Nippon Life India Asset Management (NSE: NAM-INDIA) is mapped in 1 supply-chain layer: Asset managers (AMCs) (Capital Markets).
Who are Nippon Life India Asset Management's peers?
In the Asset managers (AMCs) layer of Capital Markets: SBI Funds Management (SBI Mutual Fund), ICICI Prudential Asset Management, HDFC Asset Management, Aditya Birla Sun Life AMC, UTI Asset Management, Canara Robeco Asset Management and 2 more.
What is Nippon Life India Asset Management's market cap and valuation?
As of 6 Nov 2026: market cap ₹68,133 Cr, P/E 40.4x, ROCE 43.8%, ROE 34.5%, dividend yield 2.02%.