Nippon India Mutual Funds (formerly Reliance Mutual Fund) is one of the leading asset management companies in India. It manages assets across managed accounts, mutual funds, pension funds, alternative investments, and offshore funds. Nippon India Mutual Fund’s (NIMF) asset manager is Nippon Life India Asset Management Limited (NAM India). NAM India’s promoters are Reliance Capital Limited and Nippon Life Insurance Company that hold 75.93% of its total issued and paid-up equity share capital.
Reliance Capital Limited is one of India’s topmost RBI registered Non-Banking Finance Company and has its business interests in asset management, life insurance, general insurance, stockbroking and other activities in the financial sector.
Nippon India Mutual Fund is one of India’s top Asset Management Companies. Set up in June 1995 as Reliance Mutual Fund, it was a joint venture between India's Reliance Capital and Japan's Nippon Life Insurance company. In October 2019, Reliance's stake was bought by Nippon, and the fund house was renamed as Nippon India Mutual Fund.
The company is led by its CEO Sundeep Sikka. Nippon Life India Asset Management Limited works as an investment management firm. The Company provides services like portfolio management, mutual fund investment, financial planning, and advisory services to individuals, institutions, trusts, and private funds.
Nippon Life Insurance Company (NLI) is Japan’s one of the leading private life insurance company that offers a wide range of financial/traditional insurance products. The asset management operations in Asia are carried out by NLI, through its subsidiary Nissay Asset Management Corporation (“Nissay”), which manages assets globally.
| Fund Name | Category | Risk | NAV | Expense Ratio | 1Y Returns | 3Y Returns | 5Y Returns | 7Y Returns | 10Y Returns | Rating | Fund Size (in Cr) | Exit Load |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Nippon India Multi Cap Fund | Equity | Very High | 304.35 | 0.73 | 4.6% | 20.9% | 20.5% | 16.8% | 16.5% | 5 | ₹50,820 | For units more than 10% of the investments, an exit load of 1% if redeemed within 12 months. See more |
Nippon India Multi Asset Active FoF Fund | Hybrid | Very High | NA | - | 8.5% | 20.0% | -- | -- | -- | 5 | ₹907 | - |
Nippon India Large Cap Fund | Equity | Very High | 94.83 | 0.71 | 3.4% | 17.9% | 16.7% | 14.4% | 15.6% | 5 | ₹51,403 | Exit load of 1% if redeemed within 7 days. |
Nippon India Banking & Financial Services Fund | Equity | Very High | 653.35 | 0.97 | 7.2% | 17.8% | 15.8% | 12.3% | 15.4% | 5 | ₹7,869 | Exit load of 1%, if redeemed within 1 month. |
Nippon India Conservative Hybrid Fund | Hybrid | High | 66.53 | 1.08 | 8.9% | 9.8% | 8.8% | 5.4% | 6.6% | 5 | ₹947 | For units in excess of 10% of the investment, 1% will be charged for redemption within 12 months. See more |
Nippon India Dynamic Bond Fund | Debt | Moderate | 41.49 | 0.35 | 6.9% | 8.1% | 6.7% | 7.3% | 7.4% | 5 | ₹4,084 | - |
Nippon India Growth Mid Cap Fund | Equity | Very High | 4,373.89 | 0.77 | 10.0% | 25.5% | 21.5% | 21.1% | 19.5% | 4 | ₹43,982 | Exit load of 1% if redeemed within 1 months |
Nippon India Multi Asset Allocation Fund | Hybrid | Very High | 24.98 | 0.39 | 18.6% | 21.7% | 17.1% | -- | -- | 4 | ₹13,438 | Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 12 months. See more |
Nippon India Value Fund | Equity | Very High | 230.49 | 1.06 | 2.5% | 21.5% | 17.5% | 17.0% | 16.8% | 4 | ₹9,034 | For units more than 10% of the investments, an exit load of 1% if redeemed within 12 months. See more |
Nippon India Small Cap Fund | Equity | Very High | 171.10 | 0.66 | 2.5% | 20.1% | 22.1% | 22.1% | 21.6% | 4 | ₹67,641 | Exit load of 1% if redeemed within 1 year. |
Nippon India Multi - Asset Omni FoF Direct-Growth | Hybrid | Very High | 23.09 | 0.09 | 12.5% | 20.1% | 17.6% | -- | -- | 4 | ₹2,304 | Exit load for units in excess of 10% of the investment, 1% will be charged for redemption within 12 Months. See more |
Nippon India Vision Large & Mid Cap Direct-Growth | Equity | Very High | 1,471.49 | 1.13 | 3.3% | 19.7% | 16.0% | 15.5% | 13.7% | 4 | ₹6,962 | For units more than 10% of the investments, an exit load of 1% if redeemed within 12 months. See more |
Nippon India ELSS Tax Saver Fund | Equity | Very High | 133.72 | 1.03 | 5.4% | 17.7% | 15.1% | 12.7% | 12.2% | 4 | ₹14,959 | - |
Nippon India Aggressive Hybrid Fund | Hybrid | Very High | 113.37 | 1.03 | 4.6% | 14.9% | 13.0% | 9.9% | 11.1% | 4 | ₹4,063 | Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 12 months. See more |
Nippon India Consumption Fund | Equity | Very High | 194.21 | 0.67 | -4.1% | 13.6% | 15.3% | 16.4% | 14.1% | 4 | ₹2,512 | Exit load of 1% if redeemed within 1 month. |
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| Mutual fund name | Nippon India Mutual Fund |
| Asset management company name | Nippon India Mutual Fund |
| AMC Setup Date | 30 Jun 1995 |
| AMC Incorporation Date | 30 Jun 1995 |
| Sponsor name | Nippon Life Insurance Company |
| Trustee organisation | Nippon Life India Trustee Limited |
| CIO | Sailesh Raj Bhan(Chief Investment Officer-Equity), Amit Tripathi(Chief Investment Officer-Debt) |
| MD | Mr. Sundeep Sikka |
| CEO | Sundeep Sikka(Chief Executive Officer) |
| Compliance Officer | Mr. Muneesh Sud |
| Investor Service Officer | Mr. Bhalchandra Joshi |
| Total AUM (as of end of last quarter) | ₹7,41,773.84Cr |
| Address | 30th Floor, One Lodha PlaceSenapati Bapat Marg, Lower ParelMumbai Mumbai 400013 |
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Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 20.95% & 20.48%. The Nippon India Multi Cap Fund comes under the Equity category of Nippon India Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Nippon India Multi Cap Fund is ₹100 and for SIP, it is ₹100.
| Min Investment Amt | ₹100 |
|---|---|
| AUM | ₹50,820Cr |
| 1Y Returns | 4.6% |
Fund Performance: The Nippon India Multi Asset Active FoF Fund comes under the Hybrid category of Nippon India Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Nippon India Multi Asset Active FoF Fund is ₹5,000 and for SIP, it is ₹100.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹907Cr |
| 1Y Returns | 8.5% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 17.85% & 16.71%. The Nippon India Large Cap Fund comes under the Equity category of Nippon India Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Nippon India Large Cap Fund is ₹100 and for SIP, it is ₹100.
| Min Investment Amt | ₹100 |
|---|---|
| AUM | ₹51,403Cr |
| 1Y Returns | 3.4% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 17.78% & 15.82%. The Nippon India Banking & Financial Services Fund comes under the Equity category of Nippon India Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Nippon India Banking & Financial Services Fund is ₹5,000 and for SIP, it is ₹100.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹7,869Cr |
| 1Y Returns | 7.2% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 9.77% & 8.84%. The Nippon India Conservative Hybrid Fund comes under the Hybrid category of Nippon India Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Nippon India Conservative Hybrid Fund is ₹5,000 and for SIP, it is ₹100.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹947Cr |
| 1Y Returns | 8.9% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 8.14% & 6.72%. The Nippon India Dynamic Bond Fund comes under the Debt category of Nippon India Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Nippon India Dynamic Bond Fund is ₹5,000 and for SIP, it is ₹100.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹4,084Cr |
| 1Y Returns | 6.9% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 25.51% & 21.52%. The Nippon India Growth Mid Cap Fund comes under the Equity category of Nippon India Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Nippon India Growth Mid Cap Fund is ₹100 and for SIP, it is ₹100.
| Min Investment Amt | ₹100 |
|---|---|
| AUM | ₹43,982Cr |
| 1Y Returns | 10.0% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 21.71% & 17.14%. The Nippon India Multi Asset Allocation Fund comes under the Hybrid category of Nippon India Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Nippon India Multi Asset Allocation Fund is ₹5,000 and for SIP, it is ₹100.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹13,438Cr |
| 1Y Returns | 18.6% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 21.51% & 17.54%. The Nippon India Value Fund comes under the Equity category of Nippon India Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Nippon India Value Fund is ₹500 and for SIP, it is ₹100.
| Min Investment Amt | ₹500 |
|---|---|
| AUM | ₹9,034Cr |
| 1Y Returns | 2.5% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 20.11% & 22.1%. The Nippon India Small Cap Fund comes under the Equity category of Nippon India Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Nippon India Small Cap Fund is ₹5,000 and for SIP, it is ₹100.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹67,641Cr |
| 1Y Returns | 2.5% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 20.07% & 17.55%. The Nippon India Multi - Asset Omni FoF Direct-Growth comes under the Hybrid category of Nippon India Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Nippon India Multi - Asset Omni FoF Direct-Growth is ₹5,000 and for SIP, it is ₹100.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹2,304Cr |
| 1Y Returns | 12.5% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 19.68% & 15.97%. The Nippon India Vision Large & Mid Cap Direct-Growth comes under the Equity category of Nippon India Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Nippon India Vision Large & Mid Cap Direct-Growth is ₹5,000 and for SIP, it is ₹100.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹6,962Cr |
| 1Y Returns | 3.3% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 17.72% & 15.06%. The Nippon India ELSS Tax Saver Fund comes under the Equity category of Nippon India Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Nippon India ELSS Tax Saver Fund is ₹500 and for SIP, it is ₹500.
| Min Investment Amt | ₹500 |
|---|---|
| AUM | ₹14,959Cr |
| 1Y Returns | 5.4% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 14.89% & 13%. The Nippon India Aggressive Hybrid Fund comes under the Hybrid category of Nippon India Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Nippon India Aggressive Hybrid Fund is ₹500 and for SIP, it is ₹100.
| Min Investment Amt | ₹500 |
|---|---|
| AUM | ₹4,063Cr |
| 1Y Returns | 4.6% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 13.58% & 15.32%. The Nippon India Consumption Fund comes under the Equity category of Nippon India Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Nippon India Consumption Fund is ₹5,000 and for SIP, it is ₹100.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹2,512Cr |
| 1Y Returns | -4.1% |
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