Fund Name | NAV | Expenses Ratio | 1y Return | 3Y Returns | Risk | Fund Size (in Cr) | |
|---|---|---|---|---|---|---|---|
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 March 31, 2023, Nippon India Mutual Fund managed assets worth ₹2.93 lakh crore spanning mutual funds, assets across alternative investments, pension funds, and offshore funds. As of the same date, Nippon Mutual Fund offered 59 primary schemes, of which 34 were equity, 22 debt, and 3 others, including liquid and gold schemes. It ranks at the 4th in terms of industry AUM.
| 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 |
Vivek Sharma
Fund Manager since Aug 2023 (3 years)
Himanshu Mange
Fund Manager since Mar 2024 (2 years)
Vinay Sharma
Fund Manager since Aug 2023 (3 years)
Vikas Agrawal
Fund Manager since Aug 2023 (3 years)
Ashutosh Bhargava
Fund Manager since Aug 2023 (3 years)
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:
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:
Investing in Nippon India Mutual Funds through Angel One is a hassle-free and fully digital process, making it easy for both new and returning investors. To get started, you'll need to provide the following essential documents:
Our user-friendly platform simplifies KYC verification, allowing you to access Nippon India Mutual Funds swiftly and efficiently. Your financial goals are now well within reach. In just 48-72 business hours, your KYC process will be completed, and you can start your mutual fund journey with confidence.
| Fund Name | AUM (₹ Cr) | 3Y CAGR (%) | 1Y Absolute Returns (%) | Expense Ratio (%) |
| Nippon India Silver ETF FOF | 6,099.14 | 51.01 | 137.43 | 0.26 |
| Nippon India Taiwan Equity Fund | 448.04 | 42.60 | 77.81 | 1.05 |
| Nippon India Gold Savings Fund | 7,160.44 | 37.90 | 75.43 | 0.13 |
| Nippon India Power & Infra Fund | 6,772.68 | 27.21 | 20.46 | 0.96 |
| Nippon India Growth Mid Cap Fund | 41,727.36 | 27.09 | 24.40 | 0.74 |
| Nippon India Nifty Midcap 150 Index Fund | 2,120.59 | 23.69 | 20.04 | 0.30 |
| Nippon India Pharma Fund | 8,264.71 | 23.59 | 9.95 | 0.93 |
| Nippon India Value Fund | 8,961.98 | 23.44 | 15.08 | 1.08 |
| Nippon India Multi Asset Allocation Fund | 12,513.31 | 22.85 | 26.32 | 0.26 |
| Nippon India Multi Cap Fund | 48,808.64 | 22.56 | 17.55 | 0.72 |
Note: The data above is as of Feb 17, 2026, and is sorted and ranked as per the 3yr CAGR.
Nippon India Silver ETF FOF seeks to generate returns by investing in units of Nippon India Silver ETF, thereby offering investors exposure to domestic silver prices without the need to hold physical silver. The scheme falls under the FoFs (Domestic) – Silver category and is suitable for investors looking to diversify into commodities through mutual funds. The fund is managed by Jitendra Tolani.
Nippon India Taiwan Equity Fund aims to provide long-term capital appreciation by investing primarily in equity and equity-related securities of companies based in or linked to Taiwan, enabling Indian investors to access international equity opportunities. It belongs to the Thematic Fund – Global category. The fund is managed by Kinjal Desai.
Nippon India Gold Savings Fund seeks to provide returns that closely correspond to the performance of gold by investing in units of gold ETFs, offering investors a convenient way to gain exposure to gold prices. The scheme is categorised under FoFs – Gold. The fund is managed by Himanshu Mange.
Nippon India Power & Infra Fund aims to generate long-term capital growth by investing in companies engaged in power, infrastructure, and related sectors benefiting from India’s infrastructure expansion. It falls under the Sectoral Fund – Energy & Power category. The scheme is managed by Rahul Modi and Kinjal Desai.
Nippon India Growth Mid Cap Fund seeks long-term capital appreciation by investing predominantly in mid-cap companies with strong growth potential across sectors. The scheme belongs to the Mid Cap Fund category. The fund manager is Rupesh Patel.
Nippon India Nifty Midcap 150 Index Fund aims to replicate the performance of the Nifty Midcap 150 Index by investing in index constituents, offering passive exposure to mid-cap stocks. It falls under the Index Fund category. The scheme is managed by Himanshu Mange.
This fund seeks long-term capital appreciation by investing mainly in pharmaceutical and healthcare companies positioned to benefit from sectoral growth. The fund belongs to the Sectoral Fund – Pharma & Health Care category. It is managed by Sailesh Raj Bhan.
This scheme aims to generate long-term capital growth by investing in fundamentally strong companies that are available at attractive valuations. The scheme is categorized as a Value Fund. The fund manager is Dhrumil Shah and Meenakshi Dawar.
Nippon India Multi Asset Allocation Fund seeks to provide investors with diversified exposure by allocating investments across equity, debt, and commodity assets, aiming for balanced risk-adjusted returns. The scheme falls under the Multi Asset Allocation Fund category. It is managed by Ashutosh Bhargava, Vinay Sharma, Vikram Dhawan and Sushil Budhia.
This fund aims to deliver long-term capital appreciation by investing across large-cap, mid-cap, and small-cap stocks, providing diversified equity exposure. The fund belongs to the Multi Cap Fund category. The scheme is managed by Sailesh Raj Bhan and Kinjal Desai.
