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Nippon Mutual Fund

Nippon India Mutual Fund manages assets worth 562971 crores and was set up on 1995-06-30. Its current offering of mutual fund schemes includes 1215 debt, 168 equity, 192 hybrid, 141 other, 12 solution oriented funds. The company is led by its CEO Sundeep Sikka.

3657

Schemes

₹ 5,62,971 Cr

Total AUM

  • Overview
  • All Schemes
  • Equity Funds
  • Debt Funds
  • Tax Saver
  • Hybrid
  • ISIN

Nippon Life Mutual Fund Details

Name
Nippon India Mutual Fund
AUM
₹ 562971.15 Crores
Incorporation Date
1995-02-24
CIO
-
MD & CEO
Sundeep Sikka
Contact Number
-
Email Id
-
Website
https://mf.nipponindiaim.com/
Trustee
Nippon Life India Trustee Limited
Office Address
4th Floor, Tower A, Peninsula Business Park, Ganapatrao Kadam Marg, Lower Parel (W),

Best Nippon Life Mutual Fund Schemes to Invest in 2024

Fund nameAUMNAV3Y Returns
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Nippon India Arbitrage Fund Direct (G)
₹15155.71 Cr₹27.476.801%
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Nippon India Large Cap Fund Direct (G)
₹34105.04 Cr₹96.1821.942%
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Nippon India Nivesh Lakshya Fund Direct (G)
₹8968.05 Cr₹17.426.769%
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Nippon India Banking & Financial Services Fund Direct (G)
₹6237.85 Cr₹623.2119.318%
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Nippon India Gold Savings Fund Direct (G)
₹2237.03 Cr₹30.9415.106%
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Nippon India ELSS Tax Saver Fund Direct (G)
₹15673.23 Cr₹137.2419.428%
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Nippon India Small Cap Fund Direct (G)
₹61027.03 Cr₹195.1129.602%
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Nippon India Dynamic Bond Fund Direct (G)
₹4395.10 Cr₹37.826.102%
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Nippon India Consumption Fund Direct (G)
₹2073.22 Cr₹217.9222.329%
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Nippon India Banking & PSU Debt Fund Direct (G)
₹5437.91 Cr₹20.426.21%
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Nippon India Growth Fund Direct (G)
₹33922.40 Cr₹4389.1427.031%
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Nippon India Low Duration Fund Direct (G)
₹7893.52 Cr₹3781.746.605%
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Nippon India Focused Equity Fund Direct (G)
₹8476.61 Cr₹127.2216.148%
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Nippon India Hybrid Bond Fund Direct (G)
₹830.76 Cr₹60.018.404%
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Nippon India Multi Cap Fund Direct (G)
₹38677.71 Cr₹317.2327.296%
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Nippon India Short-term Fund Direct (G)
₹7586.36 Cr₹54.226.531%
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Nippon India Overnight Fund Direct (G)
₹6921.68 Cr₹134.195.952%
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Nippon India Value Fund Direct (G)
₹8542.49 Cr₹241.0423.541%
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Nippon India Power & Infra Fund Direct (G)
₹7402.07 Cr₹379.1532.18%
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Nippon India Income Fund Direct (G)
₹396.96 Cr₹95.326.622%

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.

Top Nippon Life Mutual Fund Managers

Anand Devendra Gupta

Fund Manager

Anju Chhajer

Fund Manager

Rohit Hashmukh Shah

Fund Manager

Siddharth Deb

Fund Manager

Vikash Agarwal

Fund Manager

Ashutosh Bhargava

Fund Manager

Bhavik Dave

Fund Manager

Sailesh Raj Bhan

Fund Manager

Kinjal Desai

Fund Manager

Pranay Sinha

Fund Manager

Vinay Sharma

Fund Manager

Himanshu Mange

Fund Manager

Ritesh Rathod

Fund Manager

Rupesh Patel

Fund Manager

Samir Rachh

Fund Manager

Tejas Sheth

Fund Manager

Vivek Sharma

Fund Manager

Amar Kalkundrikar

Fund Manager

Sanjay Doshi

Fund Manager

Prateek Poddar

Fund Manager

Rishit Parikh

Fund Manager

Dhrumil Shah

Fund Manager

Sushil Budhia

Fund Manager

Meenakshi Dawar

Fund Manager

Rahul Modi

Fund Manager

How to Invest in Reliance Nippon Mutual Funds?

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.

  • Visit the Scripbox Website for a list of Investment Plans: On the Scripbox Homepage click on the “Let’s Get Started” button. This will unlock a list of investment options as per your life goal. For investing in Mutual Funds Scheme, pick any of the options best suited to your financial goal. Now, click on “Continue” to proceed with Mutual Fund Investment
  • Now sign up to create an account: If you are an existing Scripbox member, Sign in with your details. When you sign in, a list of different investment options will appear on your screen. Scripbox allows investors to select the payment option. You can select “Every month SIP” or “One-time payment” option depending on your cash flow. Now, click on the “See Recommended Funds” to proceed for investment.
  • Check the Plan and Fund Allocation: A list of mutual fund schemes and the allocated amount for the selected plan is shown on this page. Read the details before proceeding ahead. If you wish to change the fund or amount, you can do that. Just by clicking on the option, “I want to change Funds/ Amount.” Now click on the”Next” button to make the payment.
  • Bank Details and Money Transfer: Now you need to enter the bank account and PAN details. Scripbox provides a secure environment for payment. A bank account is used for investing and crediting the redemption proceeds only

Required KYC To Invest In Nippon India Mutual Fund via Scripbox

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:

  • Photograph
  • Pan Card
  • Address proof (Driving License/Passport/ Aadhar Card (Both Front & Back)/Voter ID Card)
  • KYC Authorisation Letter. (Please write on a while plain sheet of paper that “I authorise Scripbox to do my mutual fund KYC” & sign below it)
  • Video Selfie: Record a video by facing the camera for 5 seconds

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 help@scripbox.com. Other users can send “Hi” on Nippon Mutual Fund WhatsApp number +91-8433938264.

How to Download Nippon India Mutual Fund Investment Statement?

Following are the simple steps to download your mutual fund investment statement using the Scripbox App:

  • Firstly, open your Scripbox App
  • Secondly, click on the ‘Profile’ tab to access your profile and investments
  • Thirdly, select the ‘Investment History’ option to see details of your investment
  • Fourthly, click on ‘Email Me’. As a result, a downloadable link will be sent to your email. It provides you access to your Scripbox Investment History.
  • Lastly, click on the link to download your investment statement in an excel sheet.

The excel statement will have the following details of your investment:

  1. Orders Tab: You can view all the details regarding your investment in this section such as the folio number, investor name, and fund name. You can also check amounts invested, units allocated, NAV, STT, and purpose through this tab.
  2. Current Holding Tab: In this section, you can view information on how many funds you are currently invested in. It includes details such as fund name, number of units, purpose, and folio number. You can also track the current value of your investment

Top Nippon India MF Fund Managers

Fund ManagerNumber of SchemesType of Scheme
Sailesh Raj Bhan09Equity
Samir Rachh03Equity
Sanjay Parekh23Debt
Sanjay Doshi10Equity
Meenakshi Dawar06Equity
Manish Gunwani07Equity
Ashutosh Bhargava14Equity
Dhrumil Shah03Equity
Vinay Sharma06Equity
Kinjal Desai40Equity & Debt
Arun Sundaresan03Equity
Anand Gupta12Debt
Tejas Sheth04Equity
Vikram Dhawan01Equity
Aishwarya Agrawal01Equity
Varun Goenka02Equity
Nikhil Rungta02Equity
Amar Kalkundrikar06Equity
Rupesh Patel01Equity
Bhavik Dave01Equity
Prateek Poddar01Equity

 

Explore: Top Fund Managers

Mr. Sailesh Raj Bhan

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.

Mr. Samir Rachh

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.

Mr. Sanjay H Parekh

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

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

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

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

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

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

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

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

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

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

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

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 Agrawal

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

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

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

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

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

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

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. 

Latest Nippon India Mutual Fund News

Nippon India’s Flexicap NFO Raises Rs 2860 cr
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.

Published: 19th Aug 2021

Frequently Asked Questions

Is Nippon India Mutual Fund good?

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.

Which is the best Nippon India mutual fund?

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.

How can I start SIP in Nippon India Mutual Fund Online?

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.

How to stop SIP in Nippon India Mutual Fund online?

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.

How to withdraw Nippon India Mutual Fund investment?

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.

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