External broker reports(aggregated public sources), Axis Direct

Axis Direct

Axis Direct is the flagship brand under Axis Securities Limited, a subsidiary of Axis Bank in India. 

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External broker reports(aggregated public sources)

Axis Direct is the flagship brand under Axis Securities Limited, a subsidiary of Axis Bank in India. 

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

Equity Bottom-Up

Nippon Life India Asset Management / Equity Bottom-Up

Nippon Life India Asset Management (NAM IN)

<ul><li>AUM growth reported strong growth at 29/7% YoY/QoQ. Yields declined marginally by 0.4 bps sequentially majorly due to a marginal decline in equity yields.</li><li>With healthy growth in AUM, revenue grew by 20/7% YoY/QoQ. Market share gain across segments with equity market share up by 15 bps sequentially to 6.67%.</li><li>Since other income is based on mark-to-market movements it will remain fluctuating going forward.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

AUM growth reported strong growth at 29/7% YoY/QoQ. Yields declined marginally by 0.4 bps sequentially majorly due to a marginal decline in equity yields.With healthy growth in AUM, revenue grew by 20/7% YoY/QoQ. Market share gain across segments with equity market share up by 15 bps sequentially to 6.67%.Since other income is based on mark-to-market movements it will remain fluctuating going forward.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Nippon Life India AMC - AUM Growth to Remain Healthy; Yield Compression to Continue