Nippon Life India AMC , a prominent player in India's asset management industry, has announced significant developments in its employee benefit programs and management structure.

New Employee Benefit Schemes

The Board of Directors has given its approval to two new employee benefit schemes, subject to shareholder approval:

Performance Linked Stock Unit Scheme 2023 (PSU)

• Coverage: 74,97,524 units
• Pricing: Face value of the shares
• Vesting Period: 4 years
• Exercise Window: 7 years

Employee Stock Option Scheme 2023 (ESOP)

• Coverage: 62,47,937 options
• Pricing: Based on the 30-day average closing price before the grant date
• Vesting Period: 4 years
• Exercise Window: 7 years

These schemes are designed to align employee interests with those of the company and its shareholders, potentially enhancing motivation and retention of key talent.

Management Reappointment

In addition to the employee benefit schemes, the Board has approved the re-appointment of Ajay Patel as Manager for a two-year term, effective January 3, 2024.

Key points about Ajay Patel:

• Age: 57 years
• Association with the company: Since 2001
• Current role: Heads Banking Operations
• Tenure as Manager: Since 2012

Patel's reappointment suggests continuity in the company's management and operations, leveraging his extensive experience with the firm.

These strategic decisions by Nippon Life India Asset Management Limited reflect the company's focus on employee engagement and stable leadership, which are crucial factors in the competitive asset management industry.

Nippon Life India AMC (NAM India) has reported its highest ever quarterly operating profit and profit after tax for Q1 FY26, marking significant growth and market share gains in the asset management industry.

Record-Breaking Financial Performance

NAM India achieved an operating profit of INR 3.78 billion and a profit after tax of INR 3.96 billion for the quarter ended June 30, 2025. The company's revenue stood at INR 6.07 billion, representing a robust year-on-year growth of 20.00% and a quarter-on-quarter increase of 7.00%.

Market Share Gains and Industry-Leading Growth

The company emerged as the fastest-growing asset management company (AMC) among the top-10 AMCs, both on a quarter-on-quarter and year-on-year basis. NAM India's market share increased to 8.49%, its highest since June 2019, with the largest increase in Assets Under Management (AUM) market share in the industry on a quarterly basis.

Assets Under Management

Total assets under management reached INR 7.44 trillion, including mutual funds, managed accounts, offshore funds, and GIFT City investments. The Mutual Fund Quarterly Average AUM (QAAUM) grew impressively by 27.00% year-on-year and 10.00% quarter-on-quarter to INR 6.13 trillion.

Strong Systematic Investment Plan (SIP) Book

NAM India's monthly systematic book rose by 29.00% year-on-year to INR 33.2 billion for June 2025, with the SIP market share standing at a robust 10.07%. This growth in the systematic book underscores the company's strong position in attracting regular, long-term investments from its client base.

Digital Transactions and Investor Base

The company reported a significant increase in digital purchase transactions, which rose by 27.00% year-on-year to 3.57 million in Q1 FY26. Digital business contributed to 75.00% of the total new purchase transactions during the quarter. NAM India maintains the largest investor base in the mutual fund industry with 21.2 million unique investors, representing over one in three mutual fund investors in India.

Outlook and Strategy

NAM India's strong performance in Q1 FY26 reflects its robust growth strategy, diversified product offerings, and focus on digital innovation, positioning it well for continued success in the competitive asset management landscape.