Nippon India Mutual Fund

Nippon India Mutual Fund

Nippon Life India Asset Management Limited (NAM India) is the investment and asset manager of Nippon India Mutual Fund or NIMF. The company’s name was Reliance Nippon Life Asset Management Limited, which was changed to Nippon Life India Asset Management Limited on 28th September 2019. The new name was incorporated on 13th January 2020.

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The promoter of Nippon Life AMC is Nippon Life Insurance Company. As of 30th September 2021, Nippon Life Insurance Company holds over 73% stake in the AMC in issued and paid-up equity share capital. NAM India launched an INR 1,542.24 Crore IPO (Initial Public Offering) on 25th October 2017 and was listed on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) on 6th November 2017. The current stock price of NAM India is INR 327.85 (as of 11th February 2022). View More

Nippon Life Insurance Company (NLI) is one of Japan’s largest life insurers, offering a host of financial products like individual, group life, and annuity policies. It has an extensive distribution network, and the sales are made primarily through face-to-face marketing. The company’s network is spread across Japan, Europe, North America, Asia, and Oceania. Nissay Asset Management Corporation (“Nissay”), NLI’s subsidiary, oversees its business in Asia.

Nippon India Mutual Fund (NIMF) was founded on 30th June 1995 as a trust under the Indian Trusts Act 1882. NIMF’s sponsor is Nippon Life Insurance Company(NLI), and Trustee is Nippon Life India Trustee Ltd (NLITL). NIMF’s SEBI registration number is MF/022/95/1. Nippon India MF manages funds is one of India’s largest mutual fund houses, managing assets worth INR 280,601.49 Crores and 151.96 lakh folios (as of 31st December 2021).

Nippon India MF offers mutual fund schemes across categories like equity, debt, hybrid, fund of funds, etc., through 272 locations and online channels in India. NIMF’s focus is constantly on launching innovative, rewarding products and timely customer service initiatives.

Nippon India MF is headed by Mr Sundeep Sikka, Executive Director & Chief Executive Officer. The Director is NIMF is Mr Kazuyuki Saigo, Managing Executive Officer and Regional CEO for Asia Pacific Head of India. Nippon India MF’s gross income has increased from INR 1193.21 crores in FY 20 to INR 1419.34 crores in FY 21. Its Profit After Tax (PAT) has grown from INR 415.76 crores in FY 20 to INR 679.40 crores in FY 21. Also, the basic EPS or Earnings Per Share has increased from 6.78 in FY 20 to 11.04 in FY 21.

Nippon India Mutual Fund Key Information

  • Founded on
  • 30th June 1995
  • Name of the Mutual Fund
  • Nippon India Mutual Fund
  • Sponsor Name
  • NJ India Investment Pvt. Ltd
  • Trustee Name
  • Nj Asset Management Pvt. Ltd
  • Chief Operating Offier / Chief Finance Officer
  • Mr Prateek Jain
  • Auditor
  • M/s S. R. Batliboi & Co. LLP
  • Registrars
  • KFin Technologies Private Limited (Formerly Known as Karvy Fintech Private Limited) Unit: Nippon Life India Asset Management Limited Selenium Tower – B Plot No. 31 & 32, Financial District, Nanakramguda, Hyderabad 500 032 Website: www.kfintech.com
  • Address
  • 4th Floor, Tower A, Peninsula Business Park, Ganapatrao Kadam Marg, Lower Parel (W), Mumbai – 400013 CIN: L65910MH1995PLC220793 Tel. : +91 22 6808 7000 Fax: +91 22 6808 7097 E-mail: investorrelation@nipponindiaim.com Website: https://mf.nipponindiaim.com

Nippon India Mutual Fund Managers

Samir Rachh

Mr Samir Rachh joined Nippon India MF in October 2007 as Senior Investment Analyst. His total experience spans over 29 years. His current role is Fund Manager – Equity Investments. Before joining NIMF, Mr Rachh worked with Emkay Global Financial Services Ltd. as Portfolio Manager, Hinduja Finance Ltd. as Portfolio Manager, Anvicon Research Associates as Managing Partner, and Capital Market Magazine as Assistant Editor. He manages the Nippon India Small Cap Fund.

Ashutosh Bhargava

Mr Ashutosh Bhargav joined Nippon India Mutual Fund as Fund Manager and Head Research: Equity in October 2007. He was promoted to Fund Manager and Head of Research in September 2017. Before joining NIMF, he was an Investment Strategist at Reliance Mutual Fund and an Analyst at J.P. Morgan. He has done MBA in Finance from NMIMS. Mr Bhargav has a rich experience of over 15 years in investment research and macro and rule-based investment strategies.

Anju Chhajer

Ms Anju Chhajer joined Nippon India Mutual Fund in September 2007 as Senior Fund Manager after leaving National Insurance Co. Ltd as a Treasury Incharge from 1997 to 2007. She holds a B.Com degree and is a Chartered Accountant. Her total experience spans over sixteen (16) years in financial services. She manages the Nippon India Japan Equity Fund.

Sushil Budhia

Mr Sushil Budhia is a Senior Fund Manager at Nippon India Mutual Fund. Mr Budhia has a diverse experience of over 18 years in various products like Credits, Mortgages, Structured Finance, Fixed Income, etc. Before joining Nippon India MF, he was associated with YES Bank as Senior President, where he established and managed the Debt Capital Market business and marquee deals. He has also worked with Axis Bank and UTI Mutual Fund as Bond Dealer.

Ashwani Kumar

Ashwani Kumar, working at Nippon India Mutual Funds since 2003, is one of India’s most experienced fund managers. Having graduated from The University of Poona and later obtaining his MBA in Finance, Ashwani now acts as Senior Fund Manager for Equity Investments at Nippon India Mutual Funds LLC.

Ashwani has previously worked with Zurich Asset Management Co. Ltd, where he brought money management techniques that couldn’t be found elsewhere in this country to help make Nippon India Mutual Funds LLC one of the leaders among Indian mutual fund companies throughout the last few years.

Shailesh Raj Bhan

Mr Bhan has been with NIMF for over ten years now. He has also previously worked in Nippon India Nippon Life Asset Management Limited, handling various management positions, including JV and startup funds.

He is a well-known face on the financial scene in India, managing the Nippon India Multi Cap Fund, which manages around $1.5 billion, and is Deputy CIO at NIMF. Mr Bhan advises investors on trading in Indian and overseas markets like Japan and the West.

Sanjay Parekh

Mr Parekh is a savvy and experienced expert on the Indian financial markets. He interacted with many private clients regarding investment strategies, working at an asset management firm, ICICI Prudential Management (India) Pvt. Ltd., as a senior fund manager. Mr Parekh oversees the asset management portfolio on behalf of Nippon Life Insurance Company (NIMF).

Meenakshi Dawar

Ms Meenakshi Dawar is a Certified Financial Planner from ICICI Securities and has been working with NIMF for about ten years. She has a bachelor’s degree in Technology and then did her postgraduate education at IIM Ahmedabad, completing both of these studies at the Indian Institute of Management in Delhi.

Ms Dawar specialized in Fund Management and Equity. She previously worked at IDFC as an analyst before joining NIMF as a Senior Research Analyst and becoming Head of Managed Disbursements when she was only 28. She’s excited to work with the Value Fund and Vision Fund at NIMF!

How to Invest in Nippon India Mutual Fund?

If you want to invest in Nippon India Mutual Funds, the process is extremely convenient on the 5Paisa platform. 5Paisa is one of the nation’s largest investing platforms. You can easily add Nippon India and other mutual funds to your portfolio. The steps to invest in Nippon India Mutual Fund online is as follows: View More

Step 1: Log in to your 5Paisa Account. If you do not have one, register and create a new 5Paisa account in 3 easy steps. Alternatively, you can download the 5Paisa app on your smartphone for Android or IOS and log in from your device.
Step 2: Search for the Nippon India Mutual Fund scheme that you want to invest in
Step 3: Select the option that is apt for your requirement and risk appetite
Step 4: Select the investment type – SIP (Systematic Investment Plan) or Lumpsum
Step 5: Input the amount that you’d like to invest and proceed with payment by clicking on the ‘Invest Now’ button
That’s it! This sums up the investment process. Once your payment is successful, you can see the Nippon India Mutual Fund reflected in your 5Paisa account in 3-4 working days. If you have selected the SIP option, the chosen amount will get deducted every month starting from the date you have made the payment.

Top 10 Nippon India Mutual Fund to Invest

  • Fund Name
  • Min SIP Investment Amt
  • AUM (Cr.)
  • 3Y Return

Nippon India Short Term Fund – Direct Growth is an Short Duration scheme that was launched on 02-01-13 and is currently under the management of our experienced fund manager Sushil Budhia. With an impressive AUM of ₹5,523 Crores, this scheme's latest NAV is ₹51.4555 as of 12-04-24.

Nippon India Short Term Fund – Direct Growth scheme has delivered a return performance of 7.7% in the last 1 year, 6% in the last 3 years, and an 8.1% since its launch. With a minimum SIP investment of just ₹100, this scheme offers a great investment opportunity for those looking to invest in Short Duration funds.

  • Min SIP Investment Amt
  • ₹100
  • AUM (Cr.)
  • ₹5,523
  • 3Y Return
  • 7.7%

Nippon India Arbitrage Fund – Direct Growth is an Arbitrage scheme that was launched on 03-01-13 and is currently under the management of our experienced fund manager Anand Devendra Gupta. With an impressive AUM of ₹13,895 Crores, this scheme's latest NAV is ₹26.2471 as of 12-04-24.

Nippon India Arbitrage Fund – Direct Growth scheme has delivered a return performance of 8.4% in the last 1 year, 6.3% in the last 3 years, and an 7.1% since its launch. With a minimum SIP investment of just ₹5,000, this scheme offers a great investment opportunity for those looking to invest in Arbitrage funds.

  • Min SIP Investment Amt
  • ₹5,000
  • AUM (Cr.)
  • ₹13,895
  • 3Y Return
  • 8.4%

Nippon India Value Fund – Direct Growth is an Value scheme that was launched on 02-01-13 and is currently under the management of our experienced fund manager Meenakshi Dawar. With an impressive AUM of ₹7,106 Crores, this scheme's latest NAV is ₹212.8194 as of 12-04-24.

Nippon India Value Fund – Direct Growth scheme has delivered a return performance of 61.4% in the last 1 year, 27.6% in the last 3 years, and an 17.6% since its launch. With a minimum SIP investment of just ₹500, this scheme offers a great investment opportunity for those looking to invest in Value funds.

  • Min SIP Investment Amt
  • ₹500
  • AUM (Cr.)
  • ₹7,106
  • 3Y Return
  • 61.4%

Nippon India Consumption Fund – Direct Growth is an Sectoral / Thematic scheme that was launched on 02-01-13 and is currently under the management of our experienced fund manager Amar Kalkundrikar. With an impressive AUM of ₹731 Crores, this scheme's latest NAV is ₹192.4434 as of 12-04-24.

Nippon India Consumption Fund – Direct Growth scheme has delivered a return performance of 43.2% in the last 1 year, 26.4% in the last 3 years, and an 15.1% since its launch. With a minimum SIP investment of just ₹5,000, this scheme offers a great investment opportunity for those looking to invest in Sectoral / Thematic funds.

  • Min SIP Investment Amt
  • ₹5,000
  • AUM (Cr.)
  • ₹731
  • 3Y Return
  • 43.2%

Nippon India Balanced Advantage Fund – Direct Growth is an Dynamic Asset Allocation or Balanced Advantage scheme that was launched on 03-01-13 and is currently under the management of our experienced fund manager Amar Kalkundrikar. With an impressive AUM of ₹7,719 Crores, this scheme's latest NAV is ₹175.7601 as of 12-04-24.

Nippon India Balanced Advantage Fund – Direct Growth scheme has delivered a return performance of 27% in the last 1 year, 14.5% in the last 3 years, and an 12.8% since its launch. With a minimum SIP investment of just ₹100, this scheme offers a great investment opportunity for those looking to invest in Dynamic Asset Allocation or Balanced Advantage funds.

  • Min SIP Investment Amt
  • ₹100
  • AUM (Cr.)
  • ₹7,719
  • 3Y Return
  • 27%

Nippon India Credit Risk Fund – Direct Growth is an Credit Risk scheme that was launched on 02-01-13 and is currently under the management of our experienced fund manager Sushil Budhia. With an impressive AUM of ₹1,024 Crores, this scheme's latest NAV is ₹34.3195 as of 12-04-24.

Nippon India Credit Risk Fund – Direct Growth scheme has delivered a return performance of 8.5% in the last 1 year, 9.1% in the last 3 years, and an 7.3% since its launch. With a minimum SIP investment of just ₹500, this scheme offers a great investment opportunity for those looking to invest in Credit Risk funds.

  • Min SIP Investment Amt
  • ₹500
  • AUM (Cr.)
  • ₹1,024
  • 3Y Return
  • 8.5%

Nippon India Dynamic Bond Fund – Direct Growth is an Dynamic Bond scheme that was launched on 02-01-13 and is currently under the management of our experienced fund manager Pranay Sinha. With an impressive AUM of ₹4,559 Crores, this scheme's latest NAV is ₹35.6867 as of 12-04-24.

Nippon India Dynamic Bond Fund – Direct Growth scheme has delivered a return performance of 7.7% in the last 1 year, 5.2% in the last 3 years, and an 7.8% since its launch. With a minimum SIP investment of just ₹5,000, this scheme offers a great investment opportunity for those looking to invest in Dynamic Bond funds.

  • Min SIP Investment Amt
  • ₹5,000
  • AUM (Cr.)
  • ₹4,559
  • 3Y Return
  • 7.7%

Nippon India Equity Hybrid Fund – Direct Growth is an Aggressive Hybrid scheme that was launched on 02-01-13 and is currently under the management of our experienced fund manager Meenakshi Dawar. With an impressive AUM of ₹3,435 Crores, this scheme's latest NAV is ₹103.0901 as of 12-04-24.

Nippon India Equity Hybrid Fund – Direct Growth scheme has delivered a return performance of 33.3% in the last 1 year, 18.2% in the last 3 years, and an 13.1% since its launch. With a minimum SIP investment of just ₹500, this scheme offers a great investment opportunity for those looking to invest in Aggressive Hybrid funds.

  • Min SIP Investment Amt
  • ₹500
  • AUM (Cr.)
  • ₹3,435
  • 3Y Return
  • 33.3%

Nippon India Equity Savings Fund – Direct Growth is an Equity Savings scheme that was launched on 30-05-15 and is currently under the management of our experienced fund manager Sushil Budhia. With an impressive AUM of ₹407 Crores, this scheme's latest NAV is ₹16.019 as of 12-04-24.

Nippon India Equity Savings Fund – Direct Growth scheme has delivered a return performance of 13.3% in the last 1 year, 9.7% in the last 3 years, and an 5.5% since its launch. With a minimum SIP investment of just ₹5,000, this scheme offers a great investment opportunity for those looking to invest in Equity Savings funds.

  • Min SIP Investment Amt
  • ₹5,000
  • AUM (Cr.)
  • ₹407
  • 3Y Return
  • 13.3%

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Frequently Asked Questions

How much should I invest in a Nippon India Mutual Fund SIP?

An investor will need to decide the amount of money they wish to commit over the long term, understanding that the more you invest, the more you can gain and risk losing. There are two main types of mutual funds: some focus on the capital appreciation, and others focus on income. Both types have associated risks, so it’s important to learn as much as possible and decide how much you can put forward to achieve your financial goals.

Can you increase the SIP for a Nippon India mutual fund?

Yes, you can easily increase the SIP amount at any time.

Do I need a DEMAT account for investing in Nippon India mutual funds with 5Paisa?

5Paisa has an Invest app: investing in mutual fund shares is just a bonus! So you don’t necessarily need a Demat account to get started. You’re able to enjoy the app’s many features, such as

  • Checking your account balance up close on the go
  • Viewing and analyzing your transaction history through graphs and charts
  • Get fund profiles and choose between them

How many investment options does Nippon India AMC offer?

With Nippon India AMC, investors can consider multiple financial assets via diverse offerings and products such as:

  • Equity or debt
  • Liquid Alternatives
  • Portfolio Management Services (PMS)
  • Fixed-income Assets

What is the minimum amount to start an online Nippon India mutual fund SIP?

The minimum amount for each Nippon India mutual fund depends on your selected option. For a lump sum investment, an investor must first create a SIP and choose one that starts with a lower amount. The lowest amount required by the Nippon India Mutual Fund is INR 100, while it could be INR 5000 or more to complete a lump sum investment.

What are the additional benefits of investing in Nippon India mutual funds with 5Paisa?

5Paisa provides commission-free investing in various stocks and mutual funds. The service involves an easy SIP investment process with a target you set, and you can conduct other transactions if needed. 5Paisa is safe on account of:

  • Professional Management
  • Liquidity Transparency
  • Flexibility to choose from a diverse range of options
  • You can invest in mutual funds by starting a SIP as low as INR 100.

Can you stop a Nippon India mutual fund online?

You can stop any SIP from the Nippon India fund anytime from the app.

  • Go to Mutual Fund order Book.
  • Click on the SIP section of the fund
  • Click on the Nippon India scheme that you wish to stop
  • Click on the Stop SIP button

It’s that simple! Your SIP will be stopped as per your preference, and you can restart the SIP at any time.

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