Nippon Mutual Funds
Nippon India Mutual Fund, previously known as Reliance Mutual Fund, is managed by Nippon Life India Asset Management Limited (NAM India). NAM India is jointly promoted by Reliance Capital Limited and Nippon Life Insurance Company. The mutual fund house operates in 265 locations across India and offers a diverse range of mutual fund schemes in equity, debt and hybrid categories.
67 funds
Nippon India Power & Infra Fund
Equity • Other • Direct Growth3Y CAGR
37.31%
Expense ratio
0.95%
Returns vs category
N/A
Risk vs category
N/A
Nippon India Growth Fund
Equity • Mid Cap • Direct Growth3Y CAGR
32.35%
Expense ratio
0.72%
Returns vs category
Risk vs category
Nippon India Small Cap Fund
Equity • Small Cap • Direct Growth3Y CAGR
31.86%
Expense ratio
0.65%
Returns vs category
Risk vs category
Nippon India Multi Cap Fund
Equity • Multi Cap • Direct Growth3Y CAGR
31.67%
Expense ratio
0.74%
Returns vs category
Risk vs category
Nippon India Nifty Midcap 150 Index Fund
Equity • Index • Direct Growth3Y CAGR
30.26%
Expense ratio
0.3%
Tracking error
Fund size
Nippon India Nifty Smallcap 250 Index Fund
Equity • Index • Direct Growth3Y CAGR
29.32%
Expense ratio
0.35%
Tracking error
Fund size
Nippon India Value Fund
Equity • Value • Direct Growth3Y CAGR
28.77%
Expense ratio
1.09%
Returns vs category
Risk vs category
Nippon India Banking & Financial Services Fun...
Equity • Financial Services • Direct Growth3Y CAGR
27.35%
Expense ratio
0.99%
Returns vs category
Risk vs category
Nippon India Pharma Fund
Equity • Healthcare • Direct Growth3Y CAGR
27.10%
Expense ratio
0.89%
Returns vs category
N/A
Risk vs category
N/A
Nippon India Large Cap Fund
Equity • Large Cap • Direct Growth3Y CAGR
26.87%
Expense ratio
0.67%
Returns vs category
Risk vs category
About
About the AMC
Nippon India Mutual Fund, originally founded in June 1995 as Reliance Mutual Fund, was a joint venture between India’s Reliance Capital and Japan’s Nippon Life Insurance Company.
In October 2019, Nippon Life Insurance Company acquired Reliance Capital's stake, resulting in the rebranding of the fund house to Nippon India Mutual Fund.
With a net asset value of Rs 5,69,954 crore, Nippon India Mutual Fund has emerged as one of the fastest-growing mutual fund houses in India. The merger of Reliance Mutual Fund with Nippon Life brought together the strengths of both companies, enabling the fund house to offer a wide range of investment products that cater to diverse investor needs.
As of December 31, 2024, Nippon India Mutual Fund operates in 265 locations across India. The fund is established as a trust under the Indian Trusts Act, 1882, with Nippon Life Insurance Company as the sponsor and Nippon Life India Trustee Ltd (NLITL) as the trustee.
About Nippon Mutual Fund
Nippon India Mutual Fund, registered with SEBI since June 30, 1995, has established itself as a significant player in the Indian mutual fund industry. Nippon India Mutual Fund has developed schemes that cater to various market segments, including small-cap, mid-cap and large-cap funds. As of September 2024, Nippon India Mutual Fund offers a total of 86 primary fund schemes. This wide array of investment options allows investors to tailor their portfolios to meet different financial goals and risk preferences.
Nippon Mutual Fund: Key Information
Here are some of the key information on Axis Mutual Fund:
- Mutual fund name: Nippon Mutual Fund
- Founding date: June 30, 1995
- Headquarters: Mumbai
- Trustee organisation: Nippon Life India Trustee Ltd (NLITL)
- MD and CEO: Sundeep Sikka
- Investor Service Officer: Milind Nesarikar
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Frequently Asked Questions
How to invest in Nippon Mutual Fund?
Investing in Nippon India Mutual Fund can be done online or offline. To invest online, visit the official website or use a platform like Upstox. Ensure KYC compliance, choose a suitable scheme and make payments securely via net banking, UPI or card. For offline investments, visit a branch or authorised distributor, complete the application and submit documents.
How to redeem Nippon Mutual Fund?
To redeem your Nippon Mutual Fund investment offline, submit the Redemption Request form at the AMC's office. For online redemption, log in to the mutual fund's online portal, confirm your transaction and proceed. If you invested through an online brokerage platform, you can redeem your units directly through the platform's app.
How to stop SIP in Nippon India Mutual Fund?
To stop your SIP in Nippon India Mutual Fund online, you can use your online stock brokerage app. Check your active SIPs, select the one you want to stop, and click on the ‘stop SIP’ option to cancel it.
How to increase SIP amount in Nippon Mutual Fund?
You can either start a new SIP with a higher amount or use the ‘Step-UP SIP’ feature, which allows you to gradually increase your SIP contribution over time.
Should I invest in the Nippon India Mutual Fund scheme?
If you’re looking to diversify your portfolio and are interested in long-term investments across large, mid, and small-cap mutual funds, Nippon India Mutual Fund schemes could be a suitable option for you.
What are the redemption charges of Nippon India Mutual Fund?
Redemption charges, also known as exit load, depend on the specific Nippon India Mutual Fund scheme. These charges apply if you withdraw your investment before a predefined holding period. The applicable charges vary from scheme to scheme.
What determines the taxes on mutual fund returns?
Taxes on mutual fund returns are determined by the holding period of the investment. If the investment is held for less than 12 months, it is subject to short-term capital gains tax (STCG), which is 20%. If the investment is held for more than 12 months, it is subject to long-term capital gains tax (LTCG). Gains of up to Rs 1.25 lakh per financial year are tax-free. Gains above that are taxed at 12.5%.
Which Nippon Mutual Funds Mutual Fund is the best?
The best Nippon India Mutual Fund depends on your investment goals, risk tolerance and time horizon. There is no one-size-fits-all answer, as different schemes cater to different financial needs. It is best to assess your financial objectives and consult with a financial advisor to select the most suitable fund for your needs.