Maintained a 'Buy' rating on NAM AMC with a target price of ₹1,230, implying a nearly 5% upside from Monday's close. The brokerage highlights NAM AMC's focus on absolute earnings growth and profitable scale, its strong customer franchise for AUM compounding, HNI share gains, MFD-led distribution, and a maturing digital ecosystem supporting both active and passive segments.

Nomura Analysis’s track record: 3 graded calls · 95% CI 6–79%

Nippon Life India Asset Management Ltd.BullishCalled 01 Sep 2026
Verdict:PENDING

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Tracking Nippon Life India Asset Management Ltd. since this call

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