Is Nippon a good buy?

Investors looking for a portfolio that has potential to deliver market-beating returns at lower risk can consider buying the units of Nippon India Value Fund. Over the past ten-year period, the fund has clocked 14.1 per cent, in line with the value fund category average return of 14.4 per cent.

Who is the owner of Reliance Nippon Life Asset Management?

The Reliance Group is led by Mr. Anil D. Ambani, one of India’s prominent business leaders. The Company’s co-promoter, Nippon Life Insurance Company (‘Nippon Life’) is one of the leading private life insurers in Japan.

Is HDFC AMC a debt free company?

There are 23 equity-oriented schemes & 90 debt oriented schemes as of March 2020. HDFC AMC total customer count stands at 56 Lakh as against the total of 2.08 Crore in the market which is 27\% of the market share….Profit & Loss.

Return on Equity
Last Year:	30\%

What is AMC in HDFC?

WHAT IS HDFC AMC? HDFC Asset Management Company is a joint venture between Housing Development Finance Corporation Limited (“HDFC”) and Standard Life Investments Limited (“SLI”). They manage mutual funds and most of their revenue comes from the fee they charge their clients to manage these funds.

Who owns Nippon India Mutual Fund?

Set up in June 1995 as Reliance Mutual Fund, it was a joint venture between India’s Reliance Capital and Japan’s Nippon Life Insurance company. In October 2019, Reliance’s stake was bought by Nippon, and the fund house was renamed as Nippon India Mutual Fund.

Is HDFC Asset Management Company Ltd listed on BSE?

About HDFC Asset Management Company Ltd. HDFC AMC is in the Finance – Investments sector. It is listed on the BSE with a BSE Code of 541729 and the NSE with an NSE Code of HDFCAMC.

How did hdhdfc Asset Management perform in the June quarter?

HDFC Asset Management’s profit after tax (PAT) rose 14 per cent in the June quarter compared with the same period a year ago. The mutual fund posted a net profit of Rs 345 crore in April-June as against Rs 302 crore in the same quarter last year.

How much is the dividend paid by HDFC Asset Management Company?

For the year ending June 2019 HDFC Asset Management Company has declared an equity dividend of 480.00\% amounting to Rs 24 per share. At the current share price of Rs 3086.05 this results in a dividend yield of 0.78\%.

What is the total AUM of HDFC Mutual Funds in India?

The overall Assets Under Management (AUM) are INR 3,06,840.72 Cr (as on June 30, 2018). These funds were then renamed to funds such as HDFC Top 200 Fund, HDFC Equity Fund, etc.