NAM India Q4 FY23 Results Key Highlights
- Consolidated Revenue up in Q4 up 3% and Net Profit up 13%
- Industry AUM is at 40.51 Tn (At all time high).
- Industry View: Industry SIP AUM increased by 19% YoY to Rs.6.83 Tn with March 2023 recorded highest ever monthly inflow of Rs.143 Bn. SIP Folio also increased by 21% YoY
- As on March 2023 NAM India Mutual Fund AAUM is Rs.2.93 Trillion with 3% increase YoY
- NAM India witnessed a slight decline in Market share by 14 bps to 7.24% but still hold 4th Rank in AMC industry
- NAM India ETF AUM of Rs.700 bn with Market share of 13.7% (23 bps up QoQ)
- Digital purchase contributes 57% to overall new purchase transaction
- Equity constitutes 44% of MF AUM and ETF constitute 24% of MF AUM
- Outflow from Debt Funds are still on due to rising interest rate
- Debt constitutes in MF AUM fallen to 18% from 26% YoY
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