A strong topline growth has driven earnings for Reliance Nippon Life Asset Management Company.
Sundeep Sikka, ED and CEO of the company said that Reliance Mutual Fund got the highest inflow in retail assets.
"We are happy to see such strong growth owing to flows into mutual fund industry," he said.
Focusing on long term capital growth, Sikka said that he saw opportunities across India.
"We have increased our branch network which has touched 280 branches which is the largest branch network in India and we have also seen our digital sales doubled in the last one year," he said.
Talking about growth, he said, “Overall as an asset management company, (AMC) we have gone up from Rs 350,000 to about Rs 400,000 crore. As mutual fund, our assets under management (AUM) went up from Rs 210,000 to Rs 245,000."