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 23/12% YoY/QoQ. Yield contracted by 1.2 bps YoY. With healthy growth in AUM, revenue grew by 20/12% YoY/QoQ.</li><li>Operating expenses increased by 13.1/2.9% YoY/QoQ mainly due to a spike in other operating expenses.</li><li>Increase in discretionary spends for IT, AI and marketing resulted in an uptick in other operating expenses. </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 23/12% YoY/QoQ. Yield contracted by 1.2 bps YoY. With healthy growth in AUM, revenue grew by 20/12% YoY/QoQ.Operating expenses increased by 13.1/2.9% YoY/QoQ mainly due to a spike in other operating expenses.Increase in discretionary spends for IT, AI and marketing resulted in an uptick in other operating expenses. 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 - Strong Traction in AUM Growth; Trend Likely to Continue