Fund Name
|
Ratings
|
Risk
|
1Y Returns
|
AUM
|
|
---|---|---|---|---|---|
Nippon India Large Cap |
5 |
Very High |
25% |
₹1,00,900 cr. |
Invest |
Nippon India Liquid |
5 |
Low |
35% |
₹1,00,100 cr. |
Invest |
Nippon India Corporate Bond |
5 |
Medium |
45% |
₹1,00,350 cr. |
Invest |
Nippon India Money Market |
5 |
Medium |
55% |
₹1,01,250 cr. |
Invest |
Nippon India Income |
5 |
Low |
65% |
₹1,10,120 cr. |
Invest |
Nippon India Balanced Advantage |
4.5 |
High |
75% |
₹1,30,800 cr. |
Invest |
Nippon India Short Term |
4 |
Medium |
57% |
₹1,20,800 cr. |
Invest |
Nippon India Growth |
4.5 |
Very High |
76% |
₹1,00,400 cr. |
Invest |
Nippon India Focused Equity |
4 |
Very High |
77% |
₹1,10,800 cr. |
Invest |
Nippon India Ultra Short Duration |
3 |
Medium |
77% |
₹1,10,800 cr. |
Invest |
About Nippon India Mutual Fund
Formerly known as Reliance Mutual Fund, Nippon India Mutual Fund (NIMF) was set up in June 1995 as a joint venture between India-based Reliance Capital and Japan-based Nippon Life Insurance company. In October 2019, Nippon bought Reliance's stake and renamed the fund house Nippon India Mutual Fund. The AMC became the first one to be listed on the stock exchanges in 2017.
Nippon Life India Asset Management Limited (NAM India) is the asset manager of NIMF. NAM India's promoters, Reliance Capital Limited and Nippon Life Insurance Company hold 75.93% of its total issued and paid-up equity share capital.
As of 31st May 2022, Nippon India Mutual Fund managed assets worth Rs. 2,79,369 crore spanning mutual funds, assets across, alternative investments, pension funds, and offshore funds. As of the same date, Nippon Mutual Fund offered 175 primary schemes of which, 34 were equity, 111 debt, 13 hybrid, and others including commodity schemes were 17. As of January 2022, the AMC had a presence in 272 locations across India. It holds 7.25% of the industry AUM.
Nippon India Mutual Fund Asset Management Company Key Information
Founding date | 30th June 1995 |
AMC Incorporation date | 24th February 1995 |
Headquarters in | Mumbai |
Name of the sponsors | Nippon Life Insurance Company |
Trustee organisation | Nippon Life India Trustee Limited |
MD and CEO | Mr Sundeep Sikka |
Chief Investment Officer | Mr Amit Tripathi, Mr Manish Gunwani |
Compliance Officer | Mr Muneesh Sud, Mr Nilesh Pednekar |
Nippon India Mutual Fund Manager
SRB
Mr Sailesh Raj Bhan
Associated with Nippon India Mutual Fund for over 10 years now, Bhan is also the Deputy CIO at NIMF. He manages the Nippon India Multi Cap Fund, which has an AUM of ~Rs. 12,430 crore, the Nippon India Consumption Fund and also advises on international markets.
MD
Ms Meenakshi Dawar
SP
Mr Sanjay Parekh
How to Invest in Nippon India Mutual Fund?
Investing in the Nippon India Mutual Fund is a quick and convenient process on Angel One. Follow these steps:
Step 1: Log in to your Angel One account by entering your mobile number and validate the OTP. Next, enter your MPIN.
Note:You can open your Angel One demat account in under a few minutes by submitting the required documents if you do not have one.
Step 2: Determine which fund is most suited based on your needs and risk profile. You can learn more about each fund on the Angel One app. Things to consider at this stage are:
- Search for the fund you want to invest in or take cues from funds listed by Angel One across categories.
- Analyse the fund’s past performance, tax incidence, and the sectors and companies in which it invests in. You can also calculate the potential returns using the calculator.
- Evaluate the fund’s level of risk and weigh it against your risk tolerance.
- Check the fund’s ratings given by reputed rating agencies. Generally, the ratings range from 1 to 5.
- Consider the fund’s expense ratio to get an idea about the cost of investing in it.
Step 3: Once you finalise the fund(s) you want to invest in, open your Angel One account, go to the Mutual Funds section, and look for it. Since this can be a long-term investment, be careful when choosing the fund that you would like to invest in.
- Decide whether your want to invest in a lump sum or via monthly SIP.
- Next, enter the amount you want to invest and choose how you want to make the payment. UPI is the preferred mode. Alternatively, you can choose net banking.
- After placing the order, in case of the SIP route of investment, you can create a mandate to make hassle-free future instalments.
Name | Sub Category | AUM (Rs. in crore) | Minimum Lumpsum (Rs.) | CAGR 3Y (%) | CAGR 5Y (%) |
Nippon India Small Cap Fund | Small Cap Fund | 23756.50 | 5000 | 54.46 | 17.38 |
Nippon India Pharma Fund | Sectoral Fund - Pharma & Health Care | 4421.86 | 5000 | 28.27 | 16.20 |
Nippon India Growth Fund | Mid Cap Fund | 13492.04 | 100 | 37.91 | 14.97 |
Nippon India Consumption Fund | Sectoral Fund - Consumption | 304.57 | 5000 | 36.16 | 14.80 |
Nippon India Multi Cap Fund | Multi Cap Fund | 14030.50 | 100 | 40.71 | 13.71 |
Disclaimer: The above-mentioned top funds are for informational purposes only and are not recommendations. The funds are based on 5-yr CAGR dated 20th March 2023, which is subject to change frequently. Check out real-time data in the Mutual Funds section on Angel One.
1. Nippon India Small Cap Fund
Having an AUM of Rs. 23756.50 crore, Nippon India Small Cap Fund is the best Nippon Mutual Fund based on the 5-yr CAGR. It has an expense ratio of 0.86% and a tracking error of 4.45%. Its benchmark is Nifty Smallcap 250 - TRI.
2. Nippon India Pharma Fund
A sectoral fund in the pharma and health care category, Nippon India Pharma Fund tracks the S&P BSE Health Care - TRI index. It has an AUM of Rs. 4421.86 crore. The fund has a tracking error of 3.48% and an expense ratio of 1.26%.
3. Nippon India Growth Fund
This is a mid cap fund with an AUM of Rs. 13,492.04 crore. It has an expense ratio of 1.14%. Nifty Midcap 150 - TRI is the fund’s benchmark index. It has a tracking error of 3.93%.
4. Nippon India Consumption Fund
Having an AUM of Rs. 304.57 crore, Nippon India Consumption Fund is a sectoral fund that tracks Nifty India Consumption - TRI index. It has a tracking error of 6.69% and an expense ratio of 1.76%.
5. Nippon India Multi Cap Fund
This is a multi cap fund by Nippon MF having an AUM of Rs. 14,030.50 crore. The fund tracks the benchmark Nifty500 Multicap 50:25:25 - TRI and has a tracking error of 3.66%. It has an expense ratio of 1.12%.
FAQs

Whether you should invest in Nippon India Mutual Fund schemes or not depends on your goals. In addition to assessing their returns over several timelines, evaluate the schemes based on risk, volatility, returns, the fund manager’s experience, and your own return expectations and risk tolerance.







Fund Category
Large Cap
Mid Cap
Small Cap
Tax Saver
Multi Cap