Nippon India Mutual Fund (NIMF) is one of the leading asset management companies (AMCs) in India, with over ₹2. 7L crore in assets under management (AUM) as of February 28, 2023. The company was established in 1995 as a joint venture between Reliance Capital and Japan’s Nippon Life Insurance Company. In October 2019, Nippon acquired Reliance's ownership interest, leading to the rebranding of the fund house as Nippon India Mutual Fund.
Guaranteed Tax SavingsUnder sec 80C & 10(10D)
₹1 CroreInvest ₹10k per month*
Zero LTCG TaxUnlike 10% in Mutual Funds
Top performing plans with High Returns*
Invest ₹10K/month & Get ₹1 Crore returns*
Invest For (in Years)
Stay invested for (in Years)
Expected rate of return (in %)
|Fund Name||Category||1-Year Returns||5-Years Return||Fund Size|
|Nippon India Consumption Fund||Equity||13.90%||21.93%||₹516|
|Nippon India Overnight Fund||Debt||6.50%||-||₹6,074|
|Nippon India Large Cap Fund||Equity||23.80%||17.14%||₹15,855|
|Nippon India Index Fund||Other||14.30%||-||₹498|
|Nippon India Credit Risk Fund||Debt||8.70%||4.88%||₹1,018|
|Nippon India Money Market Fund||Debt||7.40%||6.23%||₹11,609|
|Nippon India Small Cap Fund||Equity||35.80%||27.56%||₹36,540|
|Nippon India Strategic Debt Fund||Debt||7.70%||0.33%||₹122|
|Nippon India Low Duration Fund||Debt||7.40%||6.59%||₹7,430|
|Nippon India Short Term Fund||Debt||7.50%||7.62%||₹6,141|
|Nippon India Banking & Financial Services Fund||Equity||22.70%||15.26%||₹4,487|
|Nippon India Arbitrage Fund||Hybrid||7.80%||5.82%||₹10,408|
|Nippon India Ultra Short Duration Fund||Debt||7.50%||5.88%||₹5,301|
|Nippon India Corporate Bond Fund||Debt||7.70%||7.21%||₹2,458|
|Nippon India Growth Fund||Equity||27.60%||23.72%||₹18,343|
Nippon India Mutual Fund offers a wide range of mutual fund schemes across equity, debt, and hybrid categories. This commitment is reflected in their portfolio, comprising 34 equity schemes, 116 debt schemes, 13 hybrid schemes, and an additional 17 schemes covering various categories, including commodities.
The company's equity schemes are some of the most popular in the Indian mutual fund industry and have consistently outperformed their benchmarks over the long term.
Highlights of Nippon India Mutual Fund:
As of February 28, 2023, Nippon India Mutual Fund presents a diversified portfolio with 180 primary fund schemes.
The company's vision is to consistently forge a brighter financial future for investors, leveraging the optimal blend of our local and global capabilities.
Within this range, there are 34 equity schemes, 116 debt schemes, 13 hybrid schemes, and an additional 17 encompassing various categories, including commodity schemes.
Examining the data from April 2023, Nippon India MF schemes with the highest Assets Under Management (AUM) include the Nippon India Liquid Fund, Nippon India Small Cap Fund, and the CPSE Exchange Traded Fund.
|Asset Management Company Name||Nippon Life India Asset Management Limited|
|Mutual fund name||Nippon India Mutual Fund|
|Founded||June 20, 1995|
|MD and CEO||Mr. Sundeep Sikka|
|AMC Incorporation Date||February 24, 1995|
|Trustee Organisation||Nippon Life India Asset Management Limited (Formerly known as Reliance Nippon Life Asset Management Limited)|
|Compliance Officer||Mr. Muneesh Sud|
|Investors Service Officer||Mr. Bhalchandra Joshi|
|Top Fund Managers||Mr. Samir Rachh
Mr. Sailesh Raj Bhan
Mr. Sanjay Parekh
Mr. Ashwani Kumar
Mr. Manish Gunwani
Ms. Meenakshi Dawar
*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
To invest in Nippon India Mutual Fund, you will need to provide the following documents:
KYC (Know Your Customer):
Proof of Identity: This can be an Aadhaar card, Passport, Voter ID card, Driving license, PAN card with photograph, or any other official government-issued identity card with a photograph.
Proof of Address: You can use documents such as a Passport, Voter ID card, Ration card, Registered Lease or Sale Agreement of Residence, Driving License, Flat Maintenance bill, or Insurance Copy to establish your residential address.
*All savings are provided by the insurer as per the IRDAI approved insurance
*Tax benefit is subject to changes in tax laws. Standard T&C Apply
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