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4 4  
5 5  = Company Overview =
6 6  
7 -Nippon Life India Asset Management Limited (NAM India) is the asset manager of Nippon India Mutual Fund (NIMF). The name of its Company was changed from 'Reliance Nippon Life Asset Management Limited' to ‘Nippon Life India Asset Management Limited’ and a fresh certificate of incorporation was issued by the Registrar of Companies, Mumbai on January 13, 2020. Nippon Life Insurance Company is the promoter of NAM India and currently holds 74.95​% of its total issued and paid-up equity share capital. Equity Shares of NAM India are listed on BSE Limited and National Stock Exchange of India Limited​.​​​​​​{{footnote}}https://www.nipponindiamf.com/about-us/company-profile/nippon-life-india-asset-management-limited{{/footnote}}
7 +Nippon Life India Asset Management Limited (NSE:NAM-INDIA) is the asset manager of Nippon India Mutual Fund (NIMF). The name of its Company was changed from 'Reliance Nippon Life Asset Management Limited' to ‘Nippon Life India Asset Management Limited’ and a fresh certificate of incorporation was issued by the Registrar of Companies, Mumbai on January 13, 2020. Nippon Life Insurance Company is the promoter of NAM India and currently holds 74.95​% of its total issued and paid-up equity share capital. Equity Shares of NAM India are listed on BSE Limited and National Stock Exchange of India Limited​.​​​​​​{{footnote}}https://www.nipponindiamf.com/about-us/company-profile/nippon-life-india-asset-management-limited{{/footnote}}
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9 9  Nippon Life Insurance Company (“NLI”) is a Japan’s leading private life insurer and offers a wide range of financial products, including individual and group life and annuity policies through various distribution channels, mainly using face-to-face sales channels for its traditional insurance products. It primarily operates in Japan, North America, Europe, Oceania and Asia. NLI conducts asset management operations in Asia, through its subsidiary Nissay Asset Management Corporation (“Nissay”), which manages assets globally. ​
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13 13  The Company engages in managing mutual funds including exchange traded funds (ETFs); managed accounts, including portfolio management services, alternative investment funds and pension funds; and offshore funds and advisory mandates.
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15 15  = Indian mutual fund industry =
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17 17  Over the last decade, the Indian MF Industry has grown at a steady pace from Rs 7.5 lakh crore to Rs 27.0 lakh crore, an approximately 4 times increase in a span of 10 years. Further, during the year Industry saw a healthy growth of 9% in total folios largely due to increasing awareness and higher retail participation.{{footnote}}https://www.bseindia.com/bseplus/AnnualReport/540767/5407670320.pdf{{/footnote}}
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