Nippon Life India Asset Management Limited

rs,

October 30, 2023 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor, Plot No. C/1, Dalal Street, Fort, Mumbai 400 001 G Block, Bandra Kurl

9%

ro Trends 3 Industry AUM has grown rapidly over the last decade MF AUM (INR trillion) % of GDP 9% 9% CAGR for MF AUM: 16% 16% 16% 14% 11% 12% 13% 11% 7% 8.3 10.8 12.3 17.5 21.4 23.8

16%

M has grown rapidly over the last decade MF AUM (INR trillion) % of GDP 9% 9% CAGR for MF AUM: 16% 16% 16% 14% 11% 12% 13% 11% 7% 8.3 10.8 12.3 17.5 21.4 23.8 22.3 37.6 39.3 31.4

14%

idly over the last decade MF AUM (INR trillion) % of GDP 9% 9% CAGR for MF AUM: 16% 16% 16% 14% 11% 12% 13% 11% 7% 8.3 10.8 12.3 17.5 21.4 23.8 22.3 37.6 39.3 31.4 2013-14 2014-1

11%

over the last decade MF AUM (INR trillion) % of GDP 9% 9% CAGR for MF AUM: 16% 16% 16% 14% 11% 12% 13% 11% 7% 8.3 10.8 12.3 17.5 21.4 23.8 22.3 37.6 39.3 31.4 2013-14 2014-15 20

12%

the last decade MF AUM (INR trillion) % of GDP 9% 9% CAGR for MF AUM: 16% 16% 16% 14% 11% 12% 13% 11% 7% 8.3 10.8 12.3 17.5 21.4 23.8 22.3 37.6 39.3 31.4 2013-14 2014-15 2015-16

13%

ast decade MF AUM (INR trillion) % of GDP 9% 9% CAGR for MF AUM: 16% 16% 16% 14% 11% 12% 13% 11% 7% 8.3 10.8 12.3 17.5 21.4 23.8 22.3 37.6 39.3 31.4 2013-14 2014-15 2015-16 201

7%

MF AUM (INR trillion) % of GDP 9% 9% CAGR for MF AUM: 16% 16% 16% 14% 11% 12% 13% 11% 7% 8.3 10.8 12.3 17.5 21.4 23.8 22.3 37.6 39.3 31.4 2013-14 2014-15 2015-16 2016-17 201

60%

2022-2023 GDP is budgeted 4 Under-penetration presents significant growth potential MF AUM/GDP 60% 73% 74% 60% 48% 14% 112% 79% 59% World Brazil Canada Germany India Japan Sweden Unit

73%

2023 GDP is budgeted 4 Under-penetration presents significant growth potential MF AUM/GDP 60% 73% 74% 60% 48% 14% 112% 79% 59% World Brazil Canada Germany India Japan Sweden United K

74%

GDP is budgeted 4 Under-penetration presents significant growth potential MF AUM/GDP 60% 73% 74% 60% 48% 14% 112% 79% 59% World Brazil Canada Germany India Japan Sweden United Kingdo

48%

dgeted 4 Under-penetration presents significant growth potential MF AUM/GDP 60% 73% 74% 60% 48% 14% 112% 79% 59% World Brazil Canada Germany India Japan Sweden United Kingdom United

“No representation, warranty, guarantee or undertaking, express or implied, is or will be made as to, and no reliance should be placed on, the accuracy, completeness or fairness of the information, estimates, projections and opinions contained in this presentation.”

Fund raising underway for

1

Fund raising underway for

❑ Public Equity AIF “Nippon India Equity Opportunities AIF Scheme 8” ❑ Structured Credit AIF “Nippon India Credit Opportunities AIF Scheme 1” ❑ Real Estate AIF “Nippon India Yield Plus AIF Scheme 4”; a follow-on fund to an existing Real Estate mandate from Japanese Investors ▪ Tech/VC FoF is in advanced stage of deployment. Nearly 80% of commitment raised has been deployed across 12 Tech/VC funds 32 Offshore Business - Creating ‘expressways’ globally Key presence Singapore Dubai (INR bn) 111 23 89 122 20 102 Japan 130 20 110 Advisory Managed Sep-22 Jun-23 Sep-23 Other International Tie Ups Xtrackers India Govt. Bond UCITS ETF Godo Kaisha Genkai India Investment* Bualuang Bharata Fund Nippon India Taiwan Equity Fund *invests into Nippon India Yield Plus AIF - Scheme 2 (India) 33 Process Orientation - Investments Risk Rating of Securities Quantitative Assessment considering Business Risk and Management Risk Fund Casing Detailed framework for every fund to ensure adherence to its objectiv