Nippon India Mutual Fund
- AMC AGE 31 years
- AMC AUM (In Cr) ₹ 5,52,651.05
- Number of Schemes 83
Nippon India Mutual Fund (formerly known as Reliance Mutual Fund) is a large and diversified fund-house that has been present in the Indian market for many years. With its backing by major financial groups and a strong equity-fund legacy, Nippon India Mutual Fund offers a wide range of schemes including large-cap, multi-cap, thematic and fixed-income funds. The AMC emphasizes long-term value creation through disciplined investment, experienced fund managers, and wide distribution across India’s investor base.
List of Nippon India Mutual Funds Schemes
| Fund Name | Fund Size (Cr.) | 3Y Returns | 5Y Returns | |
|---|---|---|---|---|
Nippon India Taiwan Equity Fund - Direct Growth
|
947 | 63.43% | - | |
Nippon India Silver ETF FOF - Direct Growth
|
4,166 | 46.36% | - | |
Nippon India Gold Savings Fund - Direct Growth
|
6,959 | 35.45% | 25.10% | |
Nippon India Japan Equity Fund - Direct Growth
|
341 | 23.41% | 12.14% | |
Nippon India Power & Infra Fund - Direct Growth
|
8,042 | 22.51% | 23.02% | |
Nippon India Growth Mid Cap Fund - Direct Growth
|
50,751 | 21.75% | 20.28% | |
Nippon India Multi Asset Allocation Fund-Dir Growth
|
16,926 | 20.33% | 16.47% | |
Nippon India Nifty Next 50 Junior BeES FoF-Dir Growth
|
830 | 19.80% | 14.17% | |
Nippon India US Equity Opportunities Fund-Dir Growth
|
782 | 19.73% | 12.60% | |
Nippon India Pharma Fund - Direct Growth
|
9,279 | 19.16% | 14.41% |
Key Information about Nippon India Mutual Fund
- Name of the Mutual Fund
- Nippon India Mutual Fund
- Date of Incorporation
- 24 February 1995
- Setup Date
- 30 June 1995
- Sponsor Name
- Nippon Life Insurance Company
- Trustee Name
- Nippon Life India Trustee Limited
- Chief Executive Officer
- Mr. Sundeep Sikka
- Compliance Officer
- Mr. Muneesh Sud
- Chief Investment Officer
- NA
- Investment Service Officer
- Mr. Milind Nesarikar
- Auditor
- M/s. Walker Chandiok & Co. LLP
- Custodian
- Deutsche Bank AG
- Registrars
- KFin Technologies Private Limited
- Address (Head Office)
- 30th Floor, One Lodha Place, Senapati Bapat Marg
- Telephone No
- 022-68087000
- Fax No
- 022- 6808 7097
Nippon India Mutual Fund Managers
Over 6 years of experience. From May 25, 2018 onwards: Fund Manager - Overseas Investments, Reliance Nippon Life Asset Managament Limited. December 2012 to May 24, 2018: Associate Equity Investments at RNAM, assisting lead analyst in Equity Research, idea generation and sector monitoring, assisting fund managers in stock selection and monitoring of overseas investments.
Over 6 years of experience in Mutual Fund Products and Equity Investments From Sept, 2017 onwards NAM India: Deputy Manager (Investment Research) - Nippon Life India Asset Management Limited May 2016 - August, 2017 Assistant Manager (Product Management) - Nippon Life India Asset Management Limited
Over 17 years of experience From August 19, 2024 onwards Fund Manager & Research Analyst, NAM India February 08, 2023 - August 18, 2024 Nippon India Mutual Fund - Buy Side Analyst in equities team - Covering Power, Industrials, Defence, Infrastructure and logistics October 2017 - January 2023 ICICI Securities - VP - Sell Side analyst covering Power, Capital Goods and Infrastructure September 2012 - October 2017 Antique Stock Broking - VP - Sell side analyst covering Power & Infrastructure
Over 25 years of experience September 2010 onwards RNAM, Fund Manager of - Equity October -2007 to August 2010 RNAM, Senior Analyst involved in research on Select Companies and tracking Few Industries. April 2004 to October 2007 Emkay Global Financial Services Ltd, Head of Research and Portfolio Manager, Heading Research Team and Generating Reports and Ideas,managing PMS Products. April 2003 to March 2004 IndusInd Bank Ltd, Investment Manager, Assisting in fund management and Generating investment ideas. October 1998 to March 2003 Hinduja Finance Ltd, Investment Manager Managing Portion of Company's Investment Book and generating investment ideas
Mr.Bhan is an MBA with specialization in Finance and CFA. Has over 9 Yrs. of experience in Equity Securities Research & Sequeir Investment Pvt. Ltd. for 5 years and with Emkay Share & stock Broker Pvt. Ltd. for 2 years.
Over 13 years of experience in Capital Markets Sept 16, 2017 till date (RNAM - Deputy Investment Strategist and Fund Manager) 2008 - till Sept 15 2017 (RNAM - Investment Strategist) 2007 - 2008 (Reliance Capital Ltd - Economist 2005 - 2007 (JPMorgan India Services Private Ltd - Economist)
From June 2013 till date Fund Manager for schemes of Tata Mutual Fund - Reporting to Chief Investment Officer-Equities. Jan 2012 - June 2013 with Tata Asset Management Ltd. as Principal Officer of Tata Asset Management Ltd - PMS. May 2008 - Jan 2012 with Tata Asset Management Ltd as DGM (Investments). Reporting to Head of Research. Aug 2007 - April 2008 with Indiareit Fund Advisors Pvt. Ltd as Asst. Vice President (Investments). Reporting to Director (Investments). Nov 2001 - Aug 2007 with Credit Analysis & Research Ltd. as Deputy General Manager. Reporting to Executive Director.
Over 4 years of experience From Dec 23, 2023 onwards Fund Manager & Dealer - ETF, NAM India Feb 02, 2022 - December 22, 2023 Dealer - ETF, NAM India Dec 04, 2019 - Feb 01, 2022 TATA AIA Life Insurance Co. Ltd.: Assistant Manager (Investment Operations - Finance & Accounts)
Collectively over 23 years of experience of which nearly 20 years in Fund Management, Equity Research and Portfolio Management Assignments Held (for last 10 years) August 28, 2025 onwards HDFC Asset Management Company Limited September 21, 2020 to August 14, 2025 Nippon Life India Asset Management Company Ltd, Last position held: Fund Manager - Equity March 31, 2002 to September 04, 2020 HDFC Asset Management Company Limited, Last position held: Portfolio Manager - Client Funds
Reliance Nippon Life Asset Management Limited (From March 01, 2017) - Fund Manager - Equity. IDFC Mutual Fund - Fund Manager managing Large Cap and Hybrid Funds (June 2011 - February 2017) ICICI Securities - Equity Research Analyst covering listed Indian Equities. Also led an initiative to expand research coverage for mid and small cap companies (April 2010 - June 2011) Edelweiss Capital - Associate - Relationship manager for domestic mutual funds and insurance companies (May 2008 - March 2010)
Over 11 years of experience in equity research and investments. July 2011-January 2018: Birla Sun Life Insurance - AVP Investments, Equity Fund Management & Research. May 2006-June 2011: ASK Investment Managers - Portfolio Manager, Equity Fund Management & Research.
Over 11 years of experience in equity 18th June 2021 onwards NAM India - Co- Fund Manager & Research Analyst From September 30, 2014 to June 17, 2021 NAM India - Research Analyst From October 07, 2013 to September 29, 2014 Motilal Oswal Securities Limited - Research Associate (Institutional Equities) From May 2012 to October 2013 Crisil Global Analytics Centre - Credit Analyst - US Oil & Gas Sector From July 2011 to May 2012 Grantham Mayo, Van Otterloo & Co. - Research Associate Internship
Prior to joining Reliance Mutual Fund he has worked with HDFC Securities Limited, Alchemy Capital Management Private Limited, B & K Securities.
He began his career in June 2006 with UTI AMC. He has 10 years experience in securities research. In addition to his current responsibilities he is dedicated Fund Manager for making overseas Investments.
He has an overall experience of around 13 years in financial markets. Prior to joining ABSLAMC, he was working as a Trader - Interest Rates in BNP Paribas Bank (October 2010 - August, 2014). He has also worked with Morgan Stanley Investment Management Private Limited (March 2008 - October 2010) and ICICI Prudential Asset Management Company Limited (October 2005 - March 2008).
Over 15 years of experience in capital market October 01, 2013 - till date: Reliance Capital Asset Management Ltd. Assistant Fund Manager ( Fixed Income Investments) February 2010 to September 2013: Reliance Capital Asset Management Ltd. - Dealer (Fixed Income Investment) May 2007 to February 2010: Reliance Capital Asset Management Ltd - Assistant Manager (Fixed Income Investment) June 2006 to April 2007: Reliance Capital Asset Management Ltd. - Management Trainee Sales and Distributions
Over 18 years of experience From June 10, 2024 onwards NAM India - Designated as Fund Manager & Dealer - ETF February 2016 - May 2024 Motilal Oswal Financial Services Ltd: Designated as VP Sales Trading, Institutional Equities - responsible for handling trades for domestic institutions August 2013 - February 2016 Asit C Mehta Investment Intermediaries' Ltd: Designated as DVP Sales Trading, Institutional Equities- responsible for handling the dealing team & also to handle trades for domestic institutions
Prior to joining Reliance Mutual Fund (April 2018 till date) he was associated with ICICI Prudential AMC in 2012 he has worked with AIG Global Asset Managment India Ltd. and J.P.Morgan India Pvt.Ltd.
Over 14 years of experience From August 19, 2024 onwards Co - Fund Manager / Assistant Fund Manager & Research Analyst, NAM India October 2021 - August 18, 2024 Research Analyst - Equity, Nippon Life Asset Management May 2015 to October 2021 Lead Analyst, IT, Internet & Real Estate at Nomura. March 2014 to September 2015 Senior Analyst, Goldman Sachs.
Over 22 years of experience across Debt Markets January 2019 - till date : NAM India: Senior Fund Manager March 2006 to January 2019 YES Bank Ltd.: Senior President Financial Markets. Handled Debt Capital Markets and prop trading book of the Bank. December 2002 to March 2006 Axis Bank (Erstwhile UTI Bank) : Manager, Merchant Banking. Handled Corporate Bond Desk of the Bank May 2001 to December 2002 UTI Mutual Fund (Erstwhile Unit Trust of India) : Dealer - Debt Market
NA
Over 12 years of experience in Equity Markets From July 01, 2020 onwards NAM India : Co-Fund Manager & Research Analyst March 25, 2019 - June 30, 2020 Nippon Life Asset Management Limited: Research Analyst - Equity March 2016 - March 2019 Bajaj Allianz Life Insurance Company: Investment Manager and Research Head - BFSI February 2015 - February 2016 Anand Rathi Shares & Stock Brokers Ltd.: Head - Banks & Financial Services September 2012 - February 2015 Standard Chartered Securities (India) Ltd.: Equity Research Analyst October 2010 - September 2012 Religare Capital Markets Ltd.: Equity Research Analyst April 2008 - October 2010 Moody's Investor Service - ICRA Ltd.: Senior Rating AnalystX
Mr. Herin Visaria has a rich experience of over 11 years in Sales Trading, Derivatives Research and Dealing. Prior to working with Motilal Oswal Asset Management Company Ltd, Mr. Visaria has worked with Motilal Oswal Securities Ltd (now Motilal Oswal Financial Services Ltd.) under Institutional Derivatives Research Department. Mr. Visaria has also worked with Bank of Baroda Capital Markets Ltd in Sales Trading - Institutional Equities, and Religare Capital Markets Ltd in Sales trading and Dealing servicing the Mutual Funds in the Institutional Derivatives department.
Collectively over 16 years of experience in Fund Management, Fixed income dealing, Forex dealing and research September 21, 2007 till Date HDFC Asset Management Company Limited
Prior to joining Goldman Sachs Mutual Fund he has worked with Goldman Sachs Asset Management (India) Private Limited, Benchmark Asset Management Co. Pvt. Ltd. and Fullerton India Credit Company Ltd.
Mr. Nemish Sheth joined the Equity Fund Management team of IDFC AMC on November 01, 2021 as Dealer - Equity and Fund Manager He was earlier associated with Nippon Life India Asset Management Ltd. as Dealer from December 2018 to August 2021 handling execution of Equity, Arbitrage and ETF trades. Prior to this, he was also associated with ICICI Prudential Asset Management Company Ltd. as Dealer from August 2011 to December 2018 handling execution of Equity, Arbitrage and ETF trades. (Total experience - 12 years)
Over 13 years of experience From April 08, 2024 onwards NAM India - dealer - equity & Co - Fund Manager September 25, 2014 - April 07, 2024 NAM India - as Dealer - Equity, responsible for Execution of Equity, Derivative and ETF trades at NAM India. December 2012 - September 2014 Previously worked as Manager - Risk Management at NAM India, responsible for ensuring strict adherence to all Regulatory Investment Restrictions and Valuation requirements of Mutual Fund. June 2011 to December 2012 Worked as an Assistant Manager - Risk Management at Mirae Asset Global Investments (India) Pvt. Ltd., responsible for quantitative risk analysis pertaining to Equity Schemes. June 2007 to August 2010 Worked as an Article Trainee with S.R. Batliboi & Chokshi and Chokshi, for Conducting Statutory as well as Concurrent audit of various Mutual Funds.
2003 - till date : RNAM : Fund Manager - Fixed Income (Managed various fixed income funds, both open ended and closed ended, across tenures and duration buckets. Active involvement in related activities of risk management, investment and valuation policy framework.) 1999 - 2003: The New India Assurance Co. Limited: Assistant Admin Officer - Investment Dept. (Part of the team managing fixed income and mutual fund investment portfolios.) 1998 - 1999 : Sun Invest Associates Limited : Analyst -Equity Market Operations 1997 - 1998: CFS Financial Services Pvt. Limited: Equity Research & Arbitrage Trading.t
Prior to joining Reliance Mutual Fund he has worked with ICICI Prudential MF, Ask Investments Managers, Prabhudas Lilladher, Sunidhi Consultancy Services, Insight Asset Management and Capital Market Magazine.
How to Invest in Nippon India Mutual Fund?
Investing in Nippon India Mutual Fund via 5paisa is made effortless and secure.
Step 1: Register or log in to your 5paisa account.
Step 2: Complete KYC with required identity and address proof.
Step 3: Decide on your investment horizon and risk level.
Step 4: Browse Nippon India Mutual Fund schemes on 5paisa and select the one matching your objectives.
Step 5: Choose lump sum or SIP investment mode and submit.
Step 6:Track your holdings via 5paisa and manage or modify your investment as needed
How to Invest in Nippon India Mutual Fund ?
Investing in Nippon India Mutual Fund via 5paisa is made effortless and secure.
Step 1: Register or log in to your 5paisa account.
Step 2: Complete KYC with required identity and address proof.
Step 3: Decide on your investment horizon and risk level.
Step 4: Browse Nippon India Mutual Fund schemes on 5paisa and select the one matching your objectives.
Step 5: Choose lump sum or SIP investment mode and submit.
Step 6:Track your holdings via 5paisa and manage or modify your investment as needed
Top 10 Nippon India Mutual Fund to Invest
- Nippon India Taiwan Equity Fund - Direct Growth is an Sectoral / Thematic scheme that was launched on 22-11-2021 and is currently under the management of our experienced fund manager Kinjal Desai. With an impressive
AUM of ₹947 Crores, this scheme's latest NAV is ₹37.6964 as of 8/14/2026 12:00:00 AM.
Nippon India Taiwan Equity Fund - Direct Growth scheme has delivered a return performance of 144.98% in the last 1 year, 63.43% in the last 3 years, and an 32.81 since its launch. With a minimum SIP investment of just ₹100, this scheme offers a great investment opportunity for those looking to invest in Sectoral / Thematic.
- Min SIP Investment Amt
- ₹ 100
- AUM (Cr.)
- ₹ 947
- 3Y Return
- 63.43%
- Nippon India Silver ETF FOF - Direct Growth is an FoFs Domestic scheme that was launched on 13-01-2022 and is currently under the management of our experienced fund manager Jitendra Tolani. With an impressive
AUM of ₹4,166 Crores, this scheme's latest NAV is ₹35.2517 as of 8/14/2026 12:00:00 AM.
Nippon India Silver ETF FOF - Direct Growth scheme has delivered a return performance of 97.51% in the last 1 year, 46.36% in the last 3 years, and an 32.05 since its launch. With a minimum SIP investment of just ₹100, this scheme offers a great investment opportunity for those looking to invest in FoFs Domestic.
- Min SIP Investment Amt
- ₹ 100
- AUM (Cr.)
- ₹ 4,166
- 3Y Return
- 46.36%
- Nippon India Gold Savings Fund - Direct Growth is an FoFs Domestic scheme that was launched on 01-01-2013 and is currently under the management of our experienced fund manager Himanshu Mange. With an impressive
AUM of ₹6,959 Crores, this scheme's latest NAV is ₹60.3036 as of 8/14/2026 12:00:00 AM.
Nippon India Gold Savings Fund - Direct Growth scheme has delivered a return performance of 50.26% in the last 1 year, 35.45% in the last 3 years, and an 11.10 since its launch. With a minimum SIP investment of just ₹100, this scheme offers a great investment opportunity for those looking to invest in FoFs Domestic.
- Min SIP Investment Amt
- ₹ 100
- AUM (Cr.)
- ₹ 6,959
- 3Y Return
- 35.45%
- Nippon India Japan Equity Fund - Direct Growth is an Sectoral / Thematic scheme that was launched on 08-08-2014 and is currently under the management of our experienced fund manager Kinjal Desai. With an impressive
AUM of ₹341 Crores, this scheme's latest NAV is ₹32.4943 as of 8/14/2026 12:00:00 AM.
Nippon India Japan Equity Fund - Direct Growth scheme has delivered a return performance of 34.30% in the last 1 year, 23.41% in the last 3 years, and an 10.34 since its launch. With a minimum SIP investment of just ₹100, this scheme offers a great investment opportunity for those looking to invest in Sectoral / Thematic.
- Min SIP Investment Amt
- ₹ 100
- AUM (Cr.)
- ₹ 341
- 3Y Return
- 23.41%
- Nippon India Power & Infra Fund - Direct Growth is an Sectoral / Thematic scheme that was launched on 01-01-2013 and is currently under the management of our experienced fund manager Rahul Modi. With an impressive
AUM of ₹8,042 Crores, this scheme's latest NAV is ₹422.9775 as of 8/14/2026 12:00:00 AM.
Nippon India Power & Infra Fund - Direct Growth scheme has delivered a return performance of 15.54% in the last 1 year, 22.51% in the last 3 years, and an 15.37 since its launch. With a minimum SIP investment of just ₹100, this scheme offers a great investment opportunity for those looking to invest in Sectoral / Thematic.
- Min SIP Investment Amt
- ₹ 100
- AUM (Cr.)
- ₹ 8,042
- 3Y Return
- 22.51%
- Nippon India Growth Mid Cap Fund - Direct Growth is an Mid Cap scheme that was launched on 01-01-2013 and is currently under the management of our experienced fund manager Rupesh Patel. With an impressive
AUM of ₹50,751 Crores, this scheme's latest NAV is ₹5063.2208 as of 8/14/2026 12:00:00 AM.
Nippon India Growth Mid Cap Fund - Direct Growth scheme has delivered a return performance of 12.62% in the last 1 year, 21.75% in the last 3 years, and an 18.40 since its launch. With a minimum SIP investment of just ₹100, this scheme offers a great investment opportunity for those looking to invest in Mid Cap Fund.
- Min SIP Investment Amt
- ₹ 100
- AUM (Cr.)
- ₹ 50,751
- 3Y Return
- 21.75%
- Nippon India Multi Asset Allocation Fund-Dir Growth is an Multi Asset Allocation scheme that was launched on 07-08-2020 and is currently under the management of our experienced fund manager Vikram Dhawan. With an impressive
AUM of ₹16,926 Crores, this scheme's latest NAV is ₹27.487 as of 8/14/2026 12:00:00 AM.
Nippon India Multi Asset Allocation Fund-Dir Growth scheme has delivered a return performance of 18.28% in the last 1 year, 20.33% in the last 3 years, and an 18.48 since its launch. With a minimum SIP investment of just ₹100, this scheme offers a great investment opportunity for those looking to invest in Multi Asset Allocation.
- Min SIP Investment Amt
- ₹ 100
- AUM (Cr.)
- ₹ 16,926
- 3Y Return
- 20.33%
- Nippon India Nifty Next 50 Junior BeES FoF-Dir Growth is an FoFs Domestic scheme that was launched on 18-02-2019 and is currently under the management of our experienced fund manager Himanshu Mange. With an impressive
AUM of ₹830 Crores, this scheme's latest NAV is ₹28.2065 as of 8/14/2026 12:00:00 AM.
Nippon India Nifty Next 50 Junior BeES FoF-Dir Growth scheme has delivered a return performance of 12.79% in the last 1 year, 19.80% in the last 3 years, and an 14.95 since its launch. With a minimum SIP investment of just ₹100, this scheme offers a great investment opportunity for those looking to invest in FoFs Domestic.
- Min SIP Investment Amt
- ₹ 100
- AUM (Cr.)
- ₹ 830
- 3Y Return
- 19.80%
- Nippon India US Equity Opportunities Fund-Dir Growth is an Sectoral / Thematic scheme that was launched on 03-07-2015 and is currently under the management of our experienced fund manager Kinjal Desai. With an impressive
AUM of ₹782 Crores, this scheme's latest NAV is ₹48.1077 as of 8/14/2026 12:00:00 AM.
Nippon India US Equity Opportunities Fund-Dir Growth scheme has delivered a return performance of 20.67% in the last 1 year, 19.73% in the last 3 years, and an 15.32 since its launch. With a minimum SIP investment of just ₹100, this scheme offers a great investment opportunity for those looking to invest in Sectoral / Thematic.
- Min SIP Investment Amt
- ₹ 100
- AUM (Cr.)
- ₹ 782
- 3Y Return
- 19.73%
- Nippon India Pharma Fund - Direct Growth is an Sectoral / Thematic scheme that was launched on 01-01-2013 and is currently under the management of our experienced fund manager Sailesh Raj Bhan. With an impressive
AUM of ₹9,279 Crores, this scheme's latest NAV is ₹644.4846 as of 8/14/2026 12:00:00 AM.
Nippon India Pharma Fund - Direct Growth scheme has delivered a return performance of 11.30% in the last 1 year, 19.16% in the last 3 years, and an 17.72 since its launch. With a minimum SIP investment of just ₹100, this scheme offers a great investment opportunity for those looking to invest in Sectoral / Thematic.
- Min SIP Investment Amt
- ₹ 100
- AUM (Cr.)
- ₹ 9,279
- 3Y Return
- 19.16%
Current NFO
-
-
17 Aug 2026
Launch Date
31 Aug 2026
Closed Date
Closed NFO
-
-
23 Feb 2026
Launch Date
25 Feb 2026
Closed Date
Other Calculators
Frequently Asked Questions
Log in to 5paisa, search “Nippon India Mutual Fund”, pick your scheme and invest via SIP or lump sum.
Use the filter and comparison features on 5paisa to identify a Nippon India Mutual Fund scheme aligned with your SIP goals.
Schemes offered by Nippon Mutual Funds have their own respective expense ratios that are available for you to check on the individual mutual fund of your choice in the table above.
Yes-SIP modifications, pauses and cancellations are supported via your 5paisa dashboard.
You need a verified 5paisa account, completed KYC, PAN, bank account details and address proof.
It is fairly simple to increase your SIP amount in Nippon India Mutual Fund with 5paisa app. All you need to do is open up your running SIP on the 5paisa trading app and adjust the SIP amount or add another SIP in another scheme that is aligned with your plan.