Total income jumped 5.17% to Rs 589.58 crore in the fourth quarter of FY25, as against Rs 560.57 crore posted in Q4 FY24.
Profit before tax (PBT) marginally rose 0.98% to Rs 377.81 crore in the March 2025 quarter from Rs 374.11 crore recorded in the corresponding quarter the previous year.
Total expenses added 13.57% to Rs 211.77 crore in Q4 FY25, compared with Rs 186.46 crore in Q4 FY24.
Core operating profit stood at Rs 354.80 crore in Q4 FY25, up 25.90% from Rs 281.80 crore recorded in Q4 FY24.
As on 31 March 2025, NAM India’s assets under management stood at Rs 6.54 lakh crore ($76.5 billion). NIMF’s average assets under management stood at Rs 5.57 lakh crore ($65.2 billion), up 29% YoY in Q4 FY25.
During the quarter, the share of equity assets rose to 49.8% of NIMF’s AUM as against 49.8% as on 31 March 2025.
NIMF has one of the largest retail assets in the industry, at Rs 1.64 lakh crore ($19.1 billion). Retail assets contributed 29% to NIMF’s AUM vs the industry average of 27%.
In Q4 FY25, high-net-worth individual (HNI) AUM was at Rs 1.66 lakh crore ($19.5 billion), up 34% YoY & market share up 65 bps YoY. Sustained market share gain for 13 successive quarters.
NIMF is one of the largest ETF players, with AUM of Rs 1.54 lakh crore ($18 billion) and a market share of 19.07%.
Digital purchase transactions rose to 3.54 million in Q4 FY25, up from 2.37 million in Q4 FY24. Digital channels contributed 74% to new purchase transactions in Q4 FY25.
Sundeep Sikka, ED & CEO, NAM India, said, “We witnessed a healthy Equity Net Sales and SIP market share, with both increasing QoQ and remaining above Equity AUM market share. SIP flows remained robust despite adverse market movements. We remain humbled to have the trust of 20.8 million unique investors, i.e., over 1 in every 3 mutual fund investors—the highest in the industry.”
On a full-year basis, the company’s net profit jumped 16.17% on a 23.72% rise in total income to Rs 2,520.72 crore in FY25 over FY24.
Meanwhile, the company recommended a final dividend of Rs 10 per equity share of Rs 10 each of the company for the financial year ended 31 March 2025. The record date for ascertaining the shareholders who will be eligible to receive the payment of the final dividend, subject to shareholder approval, will be Friday, 4 July 2025. The payment date for the final dividend will be on and from 21 July 2025.
Nippon Life India Asset Management is one of the largest asset managers in India, managing (directly & indirectly) assets across mutual funds, including Exchange Traded Funds, managed accounts, including portfolio management services, alternative investments funds, and offshore funds and advisory mandates. NAM India is the asset manager of Nippon India Mutual Fund’s schemes.
Shares of Nippon Life India Asset Management fell 0.72% to Rs 630.60 on the BSE.