Ranvir’s Portfolio

Nippon AMC q4 highlights –

Industry overview –

MF Industry AUMs at 39 lakh cr vs 8 lakh cr in 2014, CAGR of 16 pc

MF AUM / GDP in India at 16 pc vs 73 pc as world avg

Unique MF investors at 3.7 cr vs 2.1 cr in 2020 ( still huge under penetration )

No of demat accounts at aprox 10 cr, up 3X in last 5 yrs. Momentum is building

Industry AUM ( 39-40 lakh cr ) category wise breakup –

Equity – 52 pc
Debt – 22 pc
Liquid – 14 pc
ETFs – 13 pc

Geography wise breakup of AUMs –

Top 30 cities – 83 pc
Next 30 cities – 17 pc

Segment wise break up –

Corporates – 42 pc
HNIs – 33 pc
Retail – 25 pc ( hugely under penetrated )

Monthly SIP flows at 14300 cr vs 12300 cr in Mar 22

SIP folios at 6.4 cr vs 5.3 cr in Mar 22

SIP AUM at 6.8 lakh cr vs 5.7 lakh cr in Mar 22

Nippon AMC –

AUM – 3.6 lakh cr ( 4th largest in India, No 1 in non bank sponsored AMCs )
Folios – 1.9 cr
Unique investors – 1.3 cr
Monthly SIPs – 3200 cr
Beyond top 30 cities AUM – 55k cr
Offices – 270
Distributors – 91000
Employees – 1000+
Mkt share – 7.24 pc ( down 14 bps )

Total yearly SIP flow at 11k cr vs 7.8k cr yoy ( very encouraging )

ETF mkt share – 13.7 pc

Q4 PAT at 198 cr, up 13 pc yoy

Equity AUMs- 44 pc
ETF AUMs- 24 pc
Debt- 18 pc
Liquid- 13 pc

Investor break up –

Retail-29 pc (better than industry avg)
NHIs- 24 pc
Corporates- 44 pc
Company’s own financial assets-3416 cr invested in debt, equity ,FDs

Avg AUM/branch- 1530 cr vs 1040 cr in Mar 20
Avg profit/branch- 4.1 cr vs 2.1 cr in Mar 20
Profit/employee- 79 lakh vs 40 lakh in Mar 20

Total dividend for FY 23 @ Rs 11.5/share !!!

Disc: holding, biased