Nippon Life India Asset Management Limited CC-Mar24.pdf · 2024-04-24
Congratulations for achieving this highest operating profit this year. So, my first question is that given the increased marketing spend in that attracting the younger generation alongside with your growing investment in maintaining the data base and all in the artificial intelligence space to analyze the investors behavior, I would greatly appreciate if you could provide a breakdown of the SIP contributions by each group, young versus old generation? Because I am interested in understanding the percentage of HNI contributions coming from the young investors versus the old investors since this marketing campaign, it’s being targeted towards the younger generation more.
So, my next question will be, sir, since you said the number of staff has been increased, but I can see the slight reduction in the employee expense cost on QoQ basis. So, is it due to outsourcing?