Nippon India Mutual Fund (NIMF) is one of India's leading mutual funds, with Average Assets Under Management (AAUM) of Rs 5,69,954 Crores (Oct’24 to Dec’24 QAAUM). NIMF offers investors a diversified portfolio of products to address each investor’s unique needs. It has a presence in 265 locations across the country. Mr Sundeep Sikka leads the company and is the ED and CEO of NAM India. Nippon India Mutual Fund is dedicated to developing cutting-edge products and customer service initiatives to boost investors' growth.
Nippon India Mutual Fund, earlier known as Reliance Mutual Fund, was founded as a trust under the Indian Trust of Act 1882. Nippon Life Insurance Company (NLI) is the Sponsor, and Nippon Life India Trustee Ltd (NLITL) is the Trustee. Nippon India Mutual Fund (NIMF) was registered with the SEBI on June 30, 1995. Nippon India Mutual Fund offers 91 primary fund schemes. Of these, 40 are equity schemes, 24 are debt schemes, 5 are hybrid schemes, and 22 are other schemes.
Key Information About Nippon India Mutual Fund
How to Invest in the Nippon India Mutual Fund
Investing in the best Nippon India Mutual Fund can be a complex process. To make it easier, here is a step-by-step guide:
1. Choose Your Mutual Fund Type
According to your risk tolerance (low, mid, or high) and financial goals, choose your mutual types, such as equity, debt, hybrid, index, and sector funds.
2. Select a Mutual Fund Scheme
After carefully analysing the historical returns, expense ratio, reviews, and ratings of different schemes, choose your preferred Nippon India Mutual Fund.
3. Login or Open a Demat Account
Log in to your Stack Wealth account. If you do not have an account, you can register with your mobile number and create a new one immediately.
4. Complete KYC (Know Your Customer) Requirements
The next step involves providing personal information and verifying identity. You must upload a government-issued ID such as PAN, Aadhar and proof of address. Follow the instructions in the app to complete this step smoothly.
5. Select Investment Mode (SIP or lumpsum)
If you prefer regular, disciplined investing, you can set-up a systematic investment plan (SIP), which is periodic (monthly, quarterly, etc.). You can also make a lump-sum investment if you have a large amount to invest. Select the investment period of your choice.
6. Confirm and Track Your Investment
After setting up your investment, sit back and watch your money grow. The Stack Wealth app will provide regular updates and reports on your portfolio’s performance. You can also adjust your investments or withdraw funds as needed.
List of Best Nippon India Mutual Funds in India
Here is the list of some of the Nippon India Best Mutual Funds in India:
* All data as of December 31, 2024
A Closer Look at Nippon India Mutual Fund Schemes
Here is the breakdown of Nippon India Mutual Fund Schemes:
1. Nippon India Large Cap Fund-Direct-Growth Plan
Nippon India Large Cap Fund is an open-ended equity scheme that mainly invests in equity and equity-related instruments of large-cap companies.
- Fund Performance: The fund's annualized returns for the past three and five years have been around 21.28% and 20.29%, respectively. In three years, the current value of a Standard Investment of ₹10,000 will become around ₹17,850.
- Minimum Investment Amount: The minimum lump sum for the Nippon India Large Cap Fund is ₹100 and for SIP, it is ₹100.
2. Nippon India Credit Risk Fund-Direct-Growth Plan
Nippon India Credit Risk Fund is an open-ended debt scheme that predominantly invests in AA and below-rated corporate bonds (excluding AA+ rated corporate bonds) with relatively high interest rates and credit risks.
- Fund Performance: The fund's annualized returns for the past three and five years have been around 7.43% and 6.04%, respectively. In three years, the current value of a Standard Investment of ₹10,000 will become around ₹12,400.
- Minimum Investment Amount: The minimum lump sum for the Nippon India Credit Risk Fund is ₹500, and for SIP, it is ₹100.
3. Nippon India Equity Hybrid Fund Direct-Growth Plan
Nippon India Equity Hybrid Fund is an open-ended hybrid scheme chiefly investing in equity and equity-related instruments.
- Fund Performance: The fund's annualized returns for the past three and five years have been around 16.26% and 14.07%, respectively. In three years, the current value of a Standard Investment of ₹10,000 will become around ₹15,722.
- Minimum Investment Amount: The minimum lump sum for the Nippon India Equity Hybrid Fund is ₹500, and for SIP, it is ₹100.
4. Nippon India Vision Fund Direct-Growth Plan
The Nippon India Vision Fund is an open-ended equity scheme that invests mainly in large and mid-cap stocks.
- Fund Performance: The fund's annualized returns for the past three and five years have been around 20.58% and 21.82%, respectively. In three years, the current value of a Standard Investment of ₹10,000 will become around ₹17,540.
- Minimum Investment Amount: The minimum lump sum for the Nippon India Vision Fund is ₹5000, and for SIP, it is ₹100.
5. Nippon India Hybrid Bond Fund Direct-Growth Plan
Nippon India Hybrid Bond Fund is an open-ended hybrid scheme that invests primarily in debt instruments.
- Fund Performance: The fund's annualized returns for the past three and five years have been around 8.33% and 5.32%, respectively. In three years, the current value of a Standard Investment of ₹10,000 will become around ₹12,714.
- Minimum Investment Amount: The minimum lump sum for the Nippon India Hybrid Bond Fund is ₹5000, and for SIP, it is ₹100.
6. Nippon India Arbitrage Fund Direct-Growth Plan
Nippon India Arbitrage Fund is an open-ended scheme that invests in arbitrage opportunities.
- Fund Performance: The fund's annualized returns for the past three and five years have been around 6.99% and 6.11%, respectively. In three years, the current value of a Standard Investment of ₹10,000 will become around ₹12,248.
- Minimum Investment Amount: The minimum lump sum for the Nippon India Arbitrage Fund is ₹5000, and for SIP, it is ₹100.
7 Nippon India Multi Cap Fund Direct-Growth Plan
The Nippon India Multi Cap Fund is an open-ended equity scheme that puts money into large-cap, mid-cap, and small-cap stocks.
- Fund Performance: The fund's annualized returns for the past three and five years have been around 26.58% and 25.08%, respectively. In three years, the current value of a Standard Investment of ₹10,000 will become around ₹20,294.
- Minimum Investment Amount: The minimum lump sum for the Nippon India Multi Cap Fund is ₹100, and for SIP, it is ₹100.
8. Nippon India Money Market Fund Direct-Growth Plan
The Nippon India Money Market Fund is an open-ended scheme that invests in money market instruments with the objective to generate optimal returns consistent with moderate levels of risk and liquidity.
- Fund Performance: The fund's annualized returns for the past three and five years have been around 6.81% and 6.07%, respectively. In three years, the current value of a Standard Investment of ₹10,000 will become around ₹12,189.
- Minimum Investment Amount: The minimum lump sum for the Nippon India Money Market Fund is ₹500, and for SIP, it is ₹100.
9. Nippon India Equity Savings Fund Direct-Growth Plan
The Nippon India Equity Savings Fund is an open-ended hybrid scheme that puts money into debt, equity, and arbitrage.
- Fund Performance: The fund's annualized returns for the past three and five years have been around 8.85% and 6.57%, respectively. In three years, the current value of a Standard Investment of ₹10,000 will become around ₹12,901.
- Minimum Investment Amount: The minimum lump sum for the Nippon India Equity Savings Fund is ₹5000, and for SIP, it is ₹100.
10. Nippon India Pharma Fund Direct-Growth Plan
The Nippon India Pharma Fund is an open-ended equity scheme that puts money into the pharmaceutical sector.
- Fund Performance: Its annualized returns for the past three and five years have been around 19.94% and 29.36%, respectively. In three years, the current value of a Standard Investment of ₹10,000 will become around ₹17,263.
- Minimum Investment Amount: The minimum lump sum for the Nippon India Pharma Fund is ₹5000, and for SIP, it is ₹100.
Top Fund Managers
Below is the list of people who have made Nippon India Mutual Fund Investment a standout choice in a highly competitive market.
1. Mr. Sailesh Raj Bhan
Sailesh Raj Bhan is the CIO of Equity Investments at Nippon India Mutual Fund. He has over 27 years of experience in Indian Equity Markets, including 19 years at Nippon Life India Asset Management Limited. For over 15 years, he has managed multiple flagship funds, namely the Nippon India Multi Cap Fund, the Nippon India Large Cap Fund, and the Nippon India Pharma Fund.
2. Mr. Amit Tripathi
Amit Tripathi is currently the CIO of Fixed Income and leads a team of 22 highly motivated and experienced fixed-income professionals. He has 27 years of experience in Capital Markets and has been with NIMF for over 20 years. For the past two decades, he has successfully managed fixed-income and hybrid funds, many of which have been recognised for superior performance nationally and internationally.
3. Mr. Ashutosh Bhargava
Ashutosh Bhargava is the fund manager and head of equity research at Nippon Life India Asset Management Limited. He has over 26 years of work experience and has worked with Nippon India for over 15 years.
4. Mr.Jitendra Tolani
Jitendra Tolani is the ETF Manager at Nippon India Mutual Fund (NIMF), where he is responsible for the ETF dealing desk. He has over 17 years of experience in sales trading in Institutional Equities.
5. Mr. Vikram Dhawan
Vikram Dhawan is the commodities fund Manager at Nippon Life India Asset Management Limited. He has over 28 years of experience in Commodities, Enterprise Risk Management, Fund Management, and investing in India and Overseas Corporate and Banking sectors.
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