Best Nippon India Debt Mutual Funds

Reliance Mutual Fund is a part of Reliance Anil Dhirubhai Ambani (ADA) ​Group and it is one of the largest growing asset management companies in India. It has an asset under management of Rs 2,40,445.37 and 83.99 lakhs folios.

Reliance Mutual Fund is present across 160 cities across the country. The main motto of the asset management company is to launch products that are not only innovative, but also conducive for investors. They believe in increasing their value to investors.

RMF provides a host of mutual funds across various categories, be it equity, debt and hybrid. The schemes have a well-managed portfolio and it has pioneered to become one of the most trusted asset management companies in India.

Reliance Mutual Fund has been sponsored by Reliance Capital Limited and Nippon Life Insurance Company.

If you are saving for very short-term goals like a vacation or buying an automobile, then this category is ideal for gains within one year. It is also an excellent resort to park your money until you decide where to invest or spend next. Returns are taxed as per your income tax slab if sold before three years and have negligible tax post that period.

Purpose: Invest here for your short term goals like a vacation, buying a bike, jewelry or expensive gadget.

Why invest with Groww?

— Registered with SEBI, AMFI & BSE

— Paperless sign up on web & app

— Expert recommendations

— ZERO fees !

Sign Up

Top 10 Nippon Mutual Funds

Fund NameCategoryRisk1Y ReturnsRatingFund Size(in Cr)
Nippon India Small Cap FundEquityModerately High11.6%4star9,285
Nippon India Gilt Securities FundDebtModerate11.4%5star1,496
Nippon India Large Cap FundEquityModerately High-10.5%2star10,616
Nippon India Tax Saver (ELSS) FundEquityModerately High-11.7%1star9,030
Nippon India Liquid FundDebtLow5.0%4star26,900
Nippon India Equity Hybrid FundHybridModerately High-17.4%1star4,948
Nippon India Low Duration FundDebtModerately Low8.5%3star6,520
Nippon India Pharma FundEquityHigh60.0%5star3,653
Nippon India US Equity Opportunities FundEquityHigh19.2%1star197
Nippon India Growth FundEquityModerately High7.5%3star7,018
Nippon India Short Term FundDebtModerately Low10.1%3star7,619
Nippon India Gilt Securities FundGiltModerate11.4%5star1,496
Nippon India Index Fund - Sensex PlanEquityModerately High-1.3%4star97
Nippon India Banking FundEquityHigh-27.4%2star2,169
Nippon India Focused Equity FundEquityModerately High0.1%2star3,923
View All Top 10 Nippon Mutual Funds

Let's have a closer look

Now let us jump and check about these top 10 mutual fund schemes.

Nippon India Small Cap Fund Direct Growth

Fund Performance: This fund has given 4% annualized returns in the last three years. In the last year, its returns were 11.62%. It has continually hit its benchmark in the Equity segment.

Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing 11.62% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹100.

Min Investment Amt₹5,000
AUM9,285Cr
1Y Returns11.6%

Nippon India Gilt Securities Fund Direct Growth

Fund Performance: This fund has given 9.93% annualized returns in the last three years. In the last year, its returns were 11.39%. It has continually hit its benchmark in the Debt segment.

Why to invest: It is one of the most remarkable Debt mutual funds in India. This fund has constantly outperformed other similar funds, providing 11.39% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹100.

Min Investment Amt₹5,000
AUM1,496Cr
1Y Returns11.4%

Nippon India Large Cap Fund Direct Growth

Fund Performance: This fund has given 1.13% annualized returns in the last three years. In the last year, its returns were -10.47%. It has continually hit its benchmark in the Equity segment.

Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing -10.47% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹100. Minimum SIP investment amount required for this scheme is ₹100.

Min Investment Amt₹100
AUM10,616Cr
1Y Returns-10.5%

Nippon India Tax Saver (ELSS) Fund Direct Growth

Fund Performance: This fund has given -8.53% annualized returns in the last three years. In the last year, its returns were -11.73%. It has continually hit its benchmark in the Equity segment.

Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing -11.73% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹500. Minimum SIP investment amount required for this scheme is ₹500.

Min Investment Amt₹500
AUM9,030Cr
1Y Returns-11.7%

Nippon India Liquid Fund Direct Growth

Fund Performance: This fund has given 6.51% annualized returns in the last three years. In the last year, its returns were 4.98%. It has continually hit its benchmark in the Debt segment.

Why to invest: It is one of the most remarkable Debt mutual funds in India. This fund has constantly outperformed other similar funds, providing 4.98% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹100. Minimum SIP investment amount required for this scheme is ₹100.

Min Investment Amt₹100
AUM26,900Cr
1Y Returns5.0%

Nippon India Equity Hybrid Fund Direct Growth

Fund Performance: This fund has given -5.04% annualized returns in the last three years. In the last year, its returns were -17.38%. It has continually hit its benchmark in the Hybrid segment.

Why to invest: It is one of the most remarkable Hybrid mutual funds in India. This fund has constantly outperformed other similar funds, providing -17.38% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹500. Minimum SIP investment amount required for this scheme is ₹100.

Min Investment Amt₹500
AUM4,948Cr
1Y Returns-17.4%

Nippon India Low Duration Fund Direct Growth

Fund Performance: This fund has given 7.55% annualized returns in the last three years. In the last year, its returns were 8.52%. It has continually hit its benchmark in the Debt segment.

Why to invest: It is one of the most remarkable Debt mutual funds in India. This fund has constantly outperformed other similar funds, providing 8.52% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹500. Minimum SIP investment amount required for this scheme is ₹100.

Min Investment Amt₹500
AUM6,520Cr
1Y Returns8.5%

Nippon India Pharma Fund Direct Growth

Fund Performance: This fund has given 21.94% annualized returns in the last three years. In the last year, its returns were 60.02%. It has continually hit its benchmark in the Equity segment.

Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing 60.02% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹100.

Min Investment Amt₹5,000
AUM3,653Cr
1Y Returns60.0%

Nippon India US Equity Opportunities Fund Direct Growth

Fund Performance: This fund has given 18.44% annualized returns in the last three years. In the last year, its returns were 19.22%. It has continually hit its benchmark in the Equity segment.

Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing 19.22% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹100.

Min Investment Amt₹5,000
AUM197Cr
1Y Returns19.2%

Nippon India Growth Fund Direct Growth

Fund Performance: This fund has given 4.56% annualized returns in the last three years. In the last year, its returns were 7.45%. It has continually hit its benchmark in the Equity segment.

Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing 7.45% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹100. Minimum SIP investment amount required for this scheme is ₹100.

Min Investment Amt₹100
AUM7,018Cr
1Y Returns7.5%

Nippon India Short Term Fund Direct Growth

Fund Performance: This fund has given 8.16% annualized returns in the last three years. In the last year, its returns were 10.09%. It has continually hit its benchmark in the Debt segment.

Why to invest: It is one of the most remarkable Debt mutual funds in India. This fund has constantly outperformed other similar funds, providing 10.09% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹500. Minimum SIP investment amount required for this scheme is ₹100.

Min Investment Amt₹500
AUM7,619Cr
1Y Returns10.1%

Nippon India Gilt Securities Fund Direct Defined Maturity Date Growth

Fund Performance: This fund has given 9.93% annualized returns in the last three years. In the last year, its returns were 11.39%. It has continually hit its benchmark in the Gilt segment.

Why to invest: It is one of the most remarkable Gilt mutual funds in India. This fund has constantly outperformed other similar funds, providing 11.39% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹100.

Min Investment Amt₹5,000
AUM1,496Cr
1Y Returns11.4%

Nippon India Index Fund Sensex Plan Direct Growth

Fund Performance: This fund has given 7.63% annualized returns in the last three years. In the last year, its returns were -1.26%. It has continually hit its benchmark in the Equity segment.

Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing -1.26% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹100.

Min Investment Amt₹5,000
AUM97Cr
1Y Returns-1.3%

Nippon India Banking Fund Direct Growth

Fund Performance: This fund has given -7.51% annualized returns in the last three years. In the last year, its returns were -27.38%. It has continually hit its benchmark in the Equity segment.

Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing -27.38% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹100.

Min Investment Amt₹5,000
AUM2,169Cr
1Y Returns-27.4%

Nippon India Focused Equity Fund Direct Growth

Fund Performance: This fund has given 1.72% annualized returns in the last three years. In the last year, its returns were 0.08%. It has continually hit its benchmark in the Equity segment.

Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing 0.08% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹100.

Min Investment Amt₹5,000
AUM3,923Cr
1Y Returns0.1%

Explore all Mutual Funds on Groww

Explore Mutual Funds