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.

Top 10 Nippon India Mutual Fund Schemes –

Fund Name
Category
Risk
1Y Returns
Rating
Fund Size (in Cr)
Nippon India Small Cap Fund – Direct (B) Equity Very High 9.57 5 18,675
Nippon India Small Cap Fund – Direct Growth Equity Very High 9.57 4 18,675
Nippon India Pharma Fund – Direct Growth Equity Very High -13.81 - 4,516
Nippon India Consumption Fund – Direct Growth Equity Very High 10.90 4 196
Nippon India Growth Fund – Direct Growth Equity Very High 5.83 4 11,629
Nippon India Growth Fund – Direct (Bonus) Equity Very High 5.82 4 11,629
Nippon India Focused Equity Fund – Direct Growth Equity Very High 4.82 3 5,644
Nippon India Capital Builder Fund IV-Sr.B-Dir Growth Equity Very High 13.68 - 48
Nippon India Fixed Horizon – XXXX – Sr.7 Growth Debt Moderate 11.18 - 143
Nippon India Fixed Horizon – XXXIX – Sr.6 Growth Debt Moderate 11.18 - 141
Nippon India Fixed Horizon – XXXIX – Sr.15 Growth Debt Moderate 11.18 - 453
Nippon India Fixed Horizon – XXXX – Sr.2 Growth Debt Moderate 11.18 - 144
Nippon India Fixed Horizon – XXXX – Sr.4 Growth Debt Moderate 11.18 - 57
Nippon India Fixed Horizon – XXXVII-Sr.6 Growth Debt Moderate 11.18 - 178
Nippon India Fixed Horizon – XXXIX – Sr.14 Growth Debt Moderate 11.18 - 127
Nippon India Fixed Horizon – XXXIX – Sr.2 Growth Debt Moderate 11.18 - 174
Nippon India Fixed Horizon – XXXVII-Sr.4 Growth Debt Moderately Low 11.18 - 636
Nippon India Fixed Horizon – XXXIX – Sr.4 Growth Debt Moderate 11.18 - 160
Nippon India Value Fund – Direct Growth Equity Very High 2.25 3 4,202
Nippon India Gold Savings Fund – Direct Growth Other Moderately High 7.84 2 1,446
Nippon India Quant Fund – Direct (B) Equity Very High 0.30 2 32
Nippon India Quant Fund – Direct Growth Equity Very High 0.30 - 32
Nippon India US Equity Opportunities Fund-Dir Growth Equity Very High -13.30 - 524
Nippon India Multi Cap Fund – Direct Growth Equity Very High 11.38 - 11,639
Nippon India Index Fund – Sensex – Direct Growth Other Very High 2.07 4 285
Nippon India Index Fund – Sensex – Direct (B) Other Very High 2.07 1 285
Nippon India Fixed Horizon – XXXX – Sr.17-Dir Growth Debt Moderate 2.22 - 28
Nippon India Fixed Horizon – XXXVII-Sr.9-Dir Growth Debt Moderate 2.22 - 137
Nippon India Fixed Horizon – XXXIX – Sr.11-Dir Growth Debt Moderately Low 2.22 - 53
Nippon India Fixed Horizon – XXXVIII-Sr.10-Dir Growth Debt Moderately Low 2.22 - 89
Nippon India Fixed Horizon – XXXX – Sr.12-Dir Growth Debt Moderately Low 2.22 - 68
Nippon India Fixed Horizon – XXXX – Sr.1 – Dir Growth Debt Moderate 2.22 - 146
Nippon India Fixed Horizon – XXXX – Sr.5 – Dir Growth Debt Moderate 2.22 - 144
Nippon India Fixed Horizon – XXXX – Sr.14-Dir Growth Debt Moderate 2.22 - 27
Nippon India Fixed Horizon – XXXX – Sr.8 – Dir Growth Debt Moderately Low 2.22 - 82
Nippon India Fixed Horizon – XXXX – Sr.15-Dir Growth Debt Moderate 2.22 - 53
Nippon India Fixed Horizon – XXXIX – Sr.8-Dir Growth Debt Moderate 2.22 - 34
Nippon India Fixed Horizon – XXXVIII-Sr.2-DirGrowth Debt Moderate 2.22 - 172
Nippon India Fixed Horizon – XXXIX – Sr.9-Dir Growth Debt Moderate 2.22 - 273
Nippon India Power & Infra Fund – Direct Growth Equity Very High 2.85 2 1,638
Nippon India Vision Fund – Direct Growth Equity Very High 1.51 1 2,981
Nippon India Index Fund – Nifty – Direct (B) Other Very High 1.40 2 501
Nippon India Index Fund – Nifty – Direct Growth Other Very High 1.40 3 501
Nippon India Junior BeES FoF – Direct Growth Other Very High -4.50 3 118
Nippon India Large Cap Fund – Direct Growth Equity Very High 6.67 2 10,930
Nippon India Balanced Advantage Fund – Direct Growth Hybrid Very High 2.89 3 6,062
Nippon India Fixed Horizon – XLI – Sr.10 – Dir Growth Debt Moderate 5.33 - 71
Nippon India Fixed Horizon – XXXX – Sr.16-Dir Growth Debt Moderately Low 12.28 - 36
Nippon India Fixed Horizon – XXXX – Sr.19-Dir Growth Debt Moderate 12.89 - 41
Nippon India Fixed Horizon – XLI – Sr.4 – Dir Growth Debt Moderate 12.38 - 46
Nippon India Tax Saver (ELSS) Fund – Dir Growth Equity Very High 3.52 1 11,235
Nippon India Fixed Horizon – XXXX – Sr.3 – Dir Growth Debt Moderately Low 14.25 - 141
Nippon India Fixed Horizon – XXXIX – Sr.5-Dir Growth Debt Moderately Low 13.66 - 124
Nippon India Fixed Horizon – XLI – Sr.11 – Dir Growth Debt Moderate 4.21 - 25
Nippon India Banking & PSU Debt Fund – Dir (B) Debt Moderate 3.04 - 4,206
Nippon India Banking & PSU Debt Fund – Dir Growth Debt Moderate 3.04 5 4,206
Nippon India Short Term Fund – Direct Growth Debt Moderate 3.42 5 7,861
Nippon India Floating Rate Fund – Direct Growth Debt Moderately Low 3.46 - 13,473
Nippon India Corporate Bond Fund – Direct (Bonus) Debt Moderate 3.85 5 2,745
Nippon India Corporate Bond Fund – Direct Growth Debt Moderate 3.85 5 2,745
Nippon India Fixed Horizon – XLI – Sr.8 – Dir Growth Debt Moderate 1.70 - 51
Nippon India Low Duration Fund – Direct Growth Debt Moderate 4.09 4 9,544
Nippon India Low Duration Fund – Direct (B) Debt Moderate 4.09 4 9,544
Nippon India GSF – Dir-Auto Annual Reinvest Debt Moderate 1.40 - 1,182
Nippon India GSF – Dir-Defined Maturity Date Debt Moderate 1.40 5 1,182
Nippon India GSF – Direct Growth Debt Moderate 1.40 3 1,182
Nippon India GSF – Direct (B) Debt Moderate 1.40 - 1,182
Nippon India Income Fund – Direct (Bonus) Debt Moderately Low 1.59 4 226
Nippon India Income Fund – Direct Growth Debt Moderately Low 1.59 3 226
Nippon India Retirement Fund-WC – Dir Growth Solution Oriented Very High 0.25 1 2,190
Nippon India Retirement Fund-WC – Dir (B) Solution Oriented Very High 0.25 - 2,190
Nippon India Dynamic Bond Fund – Direct Growth Debt Moderate 0.70 2 3,193
Nippon India USD Fund – Direct Growth Debt Moderately High 7.19 2 4,376
Nippon India Money Market Fund – Direct Growth Debt Moderate 3.97 4 10,267
Nippon India Equity Hybrid Fund – Direct Growth Hybrid Very High 0.36 1 2,960
Nippon India Arbitrage Fund – Direct Growth Hybrid Low 4.37 4 11,069
Nippon India Retirement Fund-IG – Dir Growth Solution Oriented Moderately High -0.40 2 195
Nippon India Retirement Fund-IG – Dir (B) Solution Oriented Moderately High -0.40 - 195
Nippon India Nivesh Lakshya Fund – Direct Growth Debt Moderate 0.33 - 1,865
Nippon India Interval Fund-Annual-Sr.I-Dir Growth Debt Low 3.94 - 14
Nippon India Interval Fund – Qrtly-Sr.II-Dir Growth Debt Low 3.84 - 184
Nippon India Liquid Fund – Direct Growth Debt Moderately Low 3.67 3 26,190
Nippon India Japan Equity Fund – Direct Growth Equity Very High -18.21 - 232
Nippon India Japan Equity Fund – Direct (Bonus) Equity Very High -18.21 - 232
Nippon India Interval Fund – Mthly-Sr.I-Dir Growth Debt Low 3.71 - 124
Nippon India Credit Risk Fund – Direct Growth Debt High 11.07 3 1,060
Nippon India Interval Fund – Mthly-Sr.II-Dir Growth Debt Low 3.53 - 4.03
Nippon India Interval Fund – Qrtly-Sr.III-Dir Growth Debt Moderately High 3.74 - 189
Nippon India Overnight Fund – Direct Growth Debt Low 3.52 3 10,105
Nippon India Interval Fund – Qrtly-Sr.I-Dir Growth Debt Low 3.67 - 3.04
Nippon India Banking&Financial Services-DirGrowth Equity Very High -2.04 2 3,213
Nippon India Hybrid Bond Fund – Direct Growth Hybrid Very High 5.66 1 694
Nippon India Taiwan Equity Fund – Direct Growth Equity Very High - - 539
Nippon India CPO Fund II – Plan A – Direct Growth Hybrid Moderately High 0.98 - 38
Nippon India Fixed Horizon – XLII – Sr.4-Dir Growth Debt Moderate 3.78 - 204
Nippon India Multi Asset Fund – Direct Growth Hybrid Very High 4.44 - 1,131
Nippon India Equity Hybrid Fund-Dir(G)(SP1) Hybrid Very High - - 9.33
Nippon India Equity Savings Fund-Dir(G)(SP 1) Hybrid Moderately High - - 26
Nippon India Equity Savings Fund-Dir(B)(SP 1) Hybrid Moderately High - - 26
Nippon India Silver ETF FOF – Direct Growth Other Moderately High - - 168
Nippon India Nifty Smallcap 250 Index Fund-Dir Growth Other Very High -4.17 - 295
Nippon India Flexi Cap Fund – Direct Growth Equity Very High - - 3,827
Nippon India Fixed Horizon-XLIII-Sr.1-Dir Growth Debt Moderate - - 182
Nippon India Passive Flexicap FoF – Direct Growth Other Very High -0.10 - 185
Nippon India Asset Allocator FoF – Direct Growth Other High 4.94 - 93
Nippon India Fixed Horizon-XLIII-Sr.5-Dir Growth Debt Moderate - - 139
Nippon India Nifty 50 Value 20 Index Fund-Dir Growth Other Very High 2.43 - 136
Nippon India Nifty Midcap 150 Index Fund-Dir Growth Other Very High -0.98 - 386
Nippon India Fixed Horizon – XLI – Sr.12 – Dir Growth Debt Moderate 5.62 - 48
Nippon India Nifty AAA CPSE Bond Plus SDL-Apr2027 Maturity 60:40 IF-DirGrowth Other Moderate - - 564

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).

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 Life India Asset Management Ltd – Key Information

Mutual Fund Name Nippon India Mutual Fund
Sponsor Nippon Life Insurance Company
Founded On 30th June 1995
Trustee Nippon Life India Trustee Limited
Executive Director & Chief Executive Officer Mr Sundeep Sikka
Board of Directors Gen. Ved Prakash Malik (Retd.)

Ms Ameeta Chatterjee

Mr Ashvin Parekh

Mr B. Sriram

Mr Kazuyuki Saigo

Mr Akira Shibata

Mr Yutaka Ideguchi

Mr Sundeep Sikka

Chief Financial Officer Mr Prateek Jain
Auditors M/s S. R. Batliboi & Co. LLP
Registered Office 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
Registrar and Transfer Agent (RTA) 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

Investor Helpdesk Toll-free no. (India): 1800 309 4001
Tel.: +91 40 6716 1500 Fax: +91 40 6716 1791
E-mail: namindiainvestor@kfintech.com

Nippon Life India Asset Management Ltd – Top Fund Managers

Mr 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.

Mr Ashutosh Bhargav

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.

Ms 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.

Mr 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.