NAM India Q2 FY23 Results Key Highlights
- Consolidated Revenue up 1% Net Profit down 3%
- Ranking up from 6th to 4th in Mutual fund Industry based
- Market leader in ETFs with market share at 14%
- Currently less than 3% population invest in mutual funds
- Mutual Fund industry has seen 4 times growth since 2014
- In Q2 Digital transaction to total purchase transaction is 56%
- Outflow from Debt funds easily visible due to rising interest rates
- AUM grown by 7% Rs.2.85 tn
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