With an AUM of Rs 365,490 crores, Nippon Mutual Fund offers 95 schemes across different categories including 24 equity, 35 debt, and 14 hybrid mutual funds. Know the RELIANCE NIPPON LIFE MF scheme details, historical returns, compare and invest in Best Nippon Mutual Funds. Invest in mutual fund schemes that suit your investment objectives, risk level, and fund options.
Nippon Life India Asset Management Ltd
₹ 365,490 Crores
30 June 1995
24 February 1995
Nippon Life Insurance Company
Mr. Amit Tripathi (D) / Mr. Manish Gunwani (E)
MD & CEO
Mr. Sundeep Sikka
Reliance Capital Trustee Company Limited
Reliance Centre, 7th Floor South Wing, Off Western Express Highway, Santacruz (E), Mumbai- 400055
|Fund name||AUM||NAV||3Y Returns|
|Nippon India Arbitrage Fund (G)||₹11326.42 Cr||₹23.80||4.9%|
|Nippon India Gold Savings Fund (G)||₹1557.37 Cr||₹24.59||7.2%|
|Nippon India Banking & PSU Debt Fund (G)||₹5295.70 Cr||₹18.28||4.4%|
|Nippon India Dynamic Bond Fund (G)||₹4455.80 Cr||₹32.31||3.8%|
|Nippon India Focused Equity Fund (G)||₹6902.73 Cr||₹99.87||23.8%|
|Nippon India Banking & Financial Services Fund (G)||₹4587.66 Cr||₹500.87||24.9%|
|Nippon India Consumption Fund (G)||₹546.50 Cr||₹157.88||25.8%|
|Nippon India Gilt Securities Fund (G)||₹1578.36 Cr||₹33.34||3.2%|
|Nippon India Gilt Securities Fund P F Defined Maturity Date (G)||₹1578.36 Cr||₹33.34||3.2%|
|Nippon India Multi Cap Fund (G)||₹20916.43 Cr||₹222.82||33.2%|
|Nippon India Floating Rate Fund (G)||₹7866.28 Cr||₹39.71||4.8%|
|Nippon India Low Duration Fund (G)||₹6353.61 Cr||₹3336.40||4.9%|
|Nippon India Small Cap Fund (G)||₹37319.33 Cr||₹133.54||40.7%|
|Nippon India Large Cap Fund (G)||₹16637.85 Cr||₹69.43||24.7%|
|Nippon India Growth Fund (G)||₹19081.97 Cr||₹3060.43||31.4%|
|Nippon India Hybrid Bond Fund (G)||₹774.70 Cr||₹50.38||8.3%|
|Nippon India Short Term Fund (G)||₹6151.19 Cr||₹46.38||4.7%|
|Nippon India Value Fund (G)||₹5638.53 Cr||₹170.40||26.8%|
|Nippon India ELSS Tax Saver Fund (G)||₹12323.17 Cr||₹100.32||23.7%|
|Nippon India Index S&P BSE Fund Sensex Plan (G)||₹535.53 Cr||₹34.84||15.8%|
Know the latest NAV, Asset Under Management, and 3-year Return of Best Nippon Life Mutual Funds. Invest in Scripbox Recommended High Return Mutual Funds Best Suited According To Your Investment Objectives.
Sailesh Raj Bhan
Investing in Reliance Nippon Mutual Funds online via Scripbox is an easy and convenient process. All you need to do is follow the few simple steps mentioned below.
KYC stands for “Know Your Customer”. It helps in identifying an investor through relevant documents. SEBI has prescribed certain guidelines for KYC. An investor has to fulfill the KYC procedure before investing in a SEBI registered mutual fund. A KYC form will include details of identity, address, financial status, occupation, and demographic information.
You can get your KYC done with Scripbox. The following KYC documents are needed by Resident Indians and PIO residing in India:
You can upload clear colour scanned copies of your KYC documents during the registration itself. Or,
If you are an existing Scripbox user, you can message on Scripbox’s WhatsApp number +91-8884448026 or email your KYC documents to email@example.com. Other users can send “Hi” on Nippon Mutual Fund WhatsApp number +91-8433938264.
Following are the simple steps to download your mutual fund investment statement using the Scripbox App:
The excel statement will have the following details of your investment:
|Fund Manager||Number of Schemes||Type of Scheme|
|Sailesh Raj Bhan||09||Equity|
|Kinjal Desai||40||Equity & Debt|
Explore: Top Fund Managers
Mr. Sailesh Raj Bhan has over 24 years of experience in Indian Equity Markets with over 15 years at Reliance Nippon Life Asset Management Limited in Fund Management. He manages the flagship diversified equity schemes like Nippon India Multi-Cap Fund (previously Nippon India Equity Opportunities Fund). The scheme has a strategy with assets of over Rs10,000cr ($1.5bn) since its inception in March 2005. Alongside, he also manages Nippon India Large Cap Fund (previously Nippon India Top200 Fund). This fund has assets of over Rs13000cr (over $1.8bn) since its inception in 2007. Mr. Sailesh also manages the Largest Pharma Sector Fund in India since its inception 15 years back in May 2004. Additionally, he is managing Nippon India Consumption Fund – a broad-based Consumption Thematic product since 2004. He also advises on international mandates for some strategies for the last 5 years.
Samir Rachh has graduated in commerce from Mumbai University. He has a total experience of more than 29 years. Of which, five and half years with Capital Market Magazine as Assistant Editor. Earlier for 3 years, he was running his own research and investment advisory firm Anvicon Research as a managing partner. Five years before that he was working with Hinduja Finance managing funds and research. Prior to that, he was working with Emkay Global Financial Services Ltd for four years. Out of which two years as Head of Institution Research and two years as head of PMS. He has been working with NIMF for the last twelve years. His specialization is in mid-cap/Small Cap stocks.
Sanjay H Parekh has over 24 years of experience in Equity Research and Fund Management. In the first 10 years, he was conducting equity research across sectors followed by Fund Management in the last 14 years. Prior to joining Nippon Life India Asset Management Limited (Formerly Reliance Nippon Life Asset Management Limited) in March 2012, he worked as Senior Fund Manager in ICICI Prudential Asset Management Ltd Company Limited (2008-2012) & was Head of Investment at ASK Investment Managers Ltd (2005-2008). He has been managing Nippon India Equity Hybrid Fund, Nippon India Equity Savings Fund & Nippon India Retirement Fund.
Mr. Sanjay Doshi has over 13 years of experience in equity research and fund management. He is a qualified Chartered Account, has done MBA with specialization in Finance from NMIMS (Deemed University), Mumbai. Mr. Doshi has also cleared CFA Level III. He has worked with Macquarie Securities and JP Morgan. After that, he joined Nippon Life India Asset Management Limited (Formerly Reliance Nippon Life Asset Management Limited) in 2011.
Ms. Meenakshi Dawar has over 11 years of experience in Fund Management and Equity Research. She has done her Post Graduate in Management from the Indian Institute of Management, Ahmedabad. Earlier she had pursued B.Tech from IGIT-Delhi. Currently, she is managing Nippon India Value Fund and Nippon India Vision Fund at Nippon India Mutual Fund. Prior to joining Nippon Life India Asset Management Limited (Formerly Reliance Nippon Life Asset Management Limited). Earlier she was also managing Large Cap and Hybrid funds at IDFC mutual fund. Ms. Dawar was also instrumental in the launch of various new products at IDFC. Additionally, she has also worked with ICICI Securities as an Equity Research Analyst covering Indian Markets.
Mr. Manish Gunwani is CIO – Equity Investments at Nippon India Mutual Fund. He is a B.Tech. graduate from IIT Chennai. He also holds a Post Graduate Diploma in Management from IIM Bangalore. Mr. Manish has over 21 years of work experience primarily in equities. His work experience spans roles in equity research and fund management. During his stint at ICICI Prudential AMC, he managed two flagship funds of the mutual fund. The assets of these funds consequently grew from $1bn to $5bn in 5 years. As well as one of the funds grew from $50m to $3bn becoming the second-largest fund in the industry.
As deputy CIO of Nippon, he was instrumental in various aspects of asset management including setting up research processes, product strategy, developing the talent of the team, etc. Besides his experience in equity research, he has also spent two years working in a portfolio management company whose focus was midcaps.
Mr. Ashutosh Bhargava is Head of Equity Research and Fund Manager at Nippon Life India Asset Management Limited (Formerly Reliance Nippon Life Asset Management Limited). An MBA in Finance from NMIMS (Deemed University), Mumbai, he has over 14 years of post MBA work experience in investment research. Mr. Bhargava has been working with Nippon India for over 12 years now. Prior to that, he has worked as an analyst for over 2 years at JP Morgan in their “Global Economics Team” based out of Mumbai. He specializes in macro and rule-based investment strategies.
Mr. Dhrumil Shah is Assistant Fund Manager of Equity Investments at Nippon India Mutual Fund. He is a graduate of Mumbai University and a Qualified Charted Accountant. He has over 13 years of experience in equity research and fund management. Prior to Joining NIMF, he was managing the mid-cap fund as well as large-cap funds at Birla Sun Life Insurance. Earlier he was associated with ASK Investment Managers as a portfolio manager.
Mr. Vinay Sharma is Equity Fund Manager at Nippon India Mutual Fund. He graduated in architecture from MNIT Jaipur. Later, he did his post-graduate diploma in computer-aided management from IIM Calcutta. He has also earned the right to use the Chartered Financial Analyst designation, conferred by CFA Institute, USA. His total experience is of around 14 years. Before his association with Nippon India Mutual Fund, he worked as a fund manager at ICICI Prudential Management for several years. There he was managing both diversified and thematic funds. Prior to that, he has been an equity research analyst at AIG Global Asset Management and JP Morgan India. He has been instrumental in many NFO launches and product initiatives in his previous stints.
Ms. Kinjal Desai is Fund Manager of Overseas at Nippon India Mutual Fund. She has obtained her Masters in Economics from Warwick University, UK. Her total work experience is of 6 years as a Research Analyst of Equities at Nippon India Mutual Fund. She had started her career with Nippon as an Associate.
Mr. Arun Sundaresan is Co-Fund Manager (Quant Fund) & Head, Product Management Group, at Nippon Life India Asset Management Limited (Formerly Reliance Nippon Life Asset Management Limited). He has done his B.E. (Hons.) Chemical from BITS, Pilani. Later he followed it up with Post Graduate Diploma in Entrepreneurial Management (PGDEM) from T.A.Pai Management Institute, Manipal. Afterward, he has also earned the right to use the prestigious CFA (Chartered Financial Analyst) charter from the CFA Institute, USA.
Mr. Sundaresan has a total work experience of more than 17 years in the financial services industry. In the last 15 years, he has been working with Nippon India Mutual Fund. He has held various positions in the sales & distribution function with the organization. Earlier he had a stint at the corporate strategy function before taking up his current role in product management and as a Co-Fund Manager. His current profile primarily involves developing and promoting investor-friendly mutual fund products and features.
Mr. Anand Gupta is an Equity Fund Manager at Nippon India Mutual Fund and is also responsible for the Equity Trading Desk. He has completed his MBA degree in Finance from ITM, Mumbai. He has been associated with NIMF since March 2008. His previous stints include ICICI Prudential AMC as Vice President of Dealings Equity & Derivatives. Earlier he was also working with MF Global Ltd. as AVP sales trading for Mutual Funds and domestic institutions.
Mr. Tejas Sheth is Co-Fund Manager & Research Analyst of Equity at Nippon Life India Asset Management Limited (formerly Reliance Nippon Life Asset Management Limited). An alumnus of T. A. Pai Management Institute, Manipal, Mr. Sheth has over 14 years of experience in Indian Equities. He has also worked across the research and investment functions. Mr. Sheth started his career with Darashaw & Co., being an integral part of the family office looking after investments in Indian equities. Later, he moved to the sell-side of the industry and joined institutional equity firm Emkay Global Financial as Lead Analyst. There he also serviced large institutional investors on sectoral themes and investment ideas for multiple sectors.
Mr. Vikram Dhawan is Fund Manager of Commodities at Nippon India Mutual Fund. He is B.E. Mechanical from Nagpur University and also a PG Diploma Holder in Materials Management. Mr. Vikram has over two decades of experience in various sectors such as Commodities, Fund Management, Enterprise Risk Management. He also handled investing in the Corporate and Banking sectors in India and Overseas. Prior to joining NIMF, he was associated with Reliance AIF Management Ltd. and Reliance Capital. Before that, he was associated with Gold Matrix Pte, Singapore where he managed the risk portfolio.
Mr. Aishwarya Deepak Agarwal is a Senior Research Analyst & Fund Manager at Nippon Life India Asset Management Limited (formerly Reliance Nippon Life Asset Management Limited). He is a certified CA and CFA charter holder from the U.S. CFA Institute. He has a total experience of 19 years out of which he has spent 6.5 years with NIMF.
Mr. Varun Goenka has been with since 2011 and is a Co-Fund Manager & Research Analyst at NIMF. He has been tracking markets since 2003. His academia includes an Executive program in Financial Engineering from the Indian School of Business, Hyderabad. Later he pursued a certificate program in Financial Markets by Professor Robert Shiller at Yale University. Mr. Goenka has been attending investing programs at FLAME University, TiA, IIC, and of Prof. Sanjay Bakshi since inception.
Mr. Nikhil Rungta has over 12 years of industry experience in Equity Markets. He is a Co-Fund Manager & Research Analyst at Nippon India Mutual Fund. Prior to this, he was working with Bajaj Allianz Life Insurance Company as an Investment Manager and Research Head – BFSI. During this stint, he used to handle investments and research of various sectors. Mr. Rungta is a rank holder Chartered Accountant and has completed his MBA in Finance from NMIMS, Mumbai. He is also an FRM Charter holder conferred by the Global Association of Risk Professionals (GARP), USA.
Mr. Amar Kalkundrikar brings with him over 13 years of experience in Investment Research and Portfolio Management. He has completed his MBA from Columbia Business School & London Business School. He also holds a CFA and CA degree alongside a B.Com from Pune University. Before joining NIMF he was associated with HDFC Asset Management Company Limited. During his stint with HDFC, he has handled multiple roles in Investment – Equity function. His expertise lies in functions such as Portfolio Management for PMS business, & performing Equity research in various sectors such as Consumer Staples, Consumer Discretionary, Retail, Construction Materials.
Mr. Rupesh Patel has joined as a Senior Fund Manager in the Investment Equity team at Nippon Life India Asset Management Limited. He is a civil engineering graduate and an MBA in Finance from Sardar Patel University. He has over 21 years of experience across sectors such as listed Equity Investments, Pvt Equity RE investments, Credit Risk Assessment, and Evaluation of Infrastructure projects. Prior to joining NIMF, he was working with Tata Asset Management Limited since 2008. During his time at Tata, he was managing some of their flagship funds such as Midcap Growth, Large Cap, Tax Savings, Focused Equity Fund, and Infrastructure Funds.
Mr. Bhavik Dave has over 9 years of experience in Equity Research. He is a Research Analyst & Co-Fund Manager at Nippon India Mutual Fund. He has done his Graduation in Finance and followed it up with Post Graduate Diploma in Management, Capital markets (PGDM) from Prin. L.N. Welingkar Institute of Management Development & Research, Mumbai. Prior to joining NIMF, he was working with Motilal Oswal Securities Limited – institutional equities. Mr. Dave joined NAM India in 2014 as Research Associate. He is currently handling Nippon India Banking Fund at Nippon India Mutual Fund.
Mr. Prateek Poddar is Research Analyst & Co-Fund Manager at Nippon India Mutual Fund. He holds a CFA & CA degree and has completed his B. Com from Mumbai University. He has been associated with NIMF since 2018. Mr. Poddar has a total experience of 9 years. Prior to associating with NIMF, he was working with ICICI Prudential Asset Management Co.
Nippon India’s Flexicap NFO Raises Rs 2860 crPublished: 19th Aug 2021
Nippon India has collected Rs 2860 cr with its recently launched Nippon India FlexiCap Fund. The fund has over 250000 offline and online investors spread across 2398 cities. SIP applications exceeds 53k reflecting a long-term committment towards the fund. Being a FlexiCap fund, the scheme intentds to invest across different market capitalization with large being the main focus of the scheme.
Nippon India is among the top-performing fund houses of India. It is the fifth-largest mutual fund house in the country by asset size. They have a wide variety of funds on offer that give good returns. If you are well versed with mutual fund investments then you can pick from their sectoral funds.
Nippon India Mutual Fund (NIMF) has launched over 186 schemes under which units are issued to the public. You can pick the best funds that suit your needs.
You can easily start a SIP in Nippon India Mutual Fund online through Scripbox. Quickly, access your investment account through the Scripbox app and start your SIP. Investment in NIMF funds can also be made through the AMC’s website. Alternatively, you can also create an account on any platform offering mutual funds to invest in Nippon India mutual funds.
You can stop SIP in Nippon India Mutual Fund online by visiting the Nippon India mutual fund website. Log in using your folio number to access your investment details. Investment can also be stopped through the online portal from which you initiated it. After logging in to your investment account you can select to stop the SIP.
You can withdraw money from the Nippon India Mutual Fund by visiting their nearest office. You must fill and submit a form for withdrawal from the scheme. Alternatively, you can do it online by visiting the Nippon India Mutual Fund website. It can also be done through the online portal from where you initiated your investment.