Nippon India Mutual Fund

Nippon India Mutual Fund is the largest mutual fund house in India. It was formerly Reliance Mutual Fund. It was established in 1995 as a partnership between Reliance Capital and Japanese insurance firm Nippon Life Insurance. In 2019, Nippon took over the Reliance stake and renamed the company Nippon India Mutual Fund.

Nippon Life India Asset Management Limited (NAM India) operates the company. It operates mutual funds, pension funds, offshore funds, etc.

Nippon India Mutual Fund currently operates more than Rs. 431,000 crores in money. It offers a number of schemes – there are almost 52 equity schemes, 266 debt schemes, and 40 balanced schemes. Sundeep Sikka is the CEO of the company.

Nippon Life Insurance Company of Japan is also very popular. It is one of the largest private life insurance companies in Japan.

Major Information About Nippon India Mutual Fund

Mutual Fund name	Nippon India Mutual Fund
AMC Setup Date	30th June, 1995
Sponsor name	Nippon Life Insurance Company
Trustee organisation	Nippon Life India Asset Management Limited (Formerly known as Reliance Nippon Life Asset Management Limited)
CIO	Mr. Amit Tripathi (D) and Mr. Manish Gunwani (E)
Compliance Officer	Mr. Muneesh sud
Investor Service Officer	Mr. Balchandra Joshi
MD & CEO	Mr. Sundeep Sikka

How to Invest in Nippon India Mutual Fund?

It is very easy to invest in Nippon India Mutual Funds. Just follow these steps:

Make an account – Open an account on any investment website online.
Give KYC documents – Provide ID proof like Aadhaar, PAN card, Voter ID, or passport.
Provide address proof – Upload address proof containing your residential address.
Select duration – Choose the amount of time you want to put in.
Select risk – Choose low, medium, or high risk according to your preference.
Select scheme – Choose the Nippon India Mutual Fund that you like.
Select payment mode – Invest one time (lump sum) or start SIP (monthly investment).

Your mutual fund will be started, and you can check updates in a few days' time.

Top Fund Managers

Nippon India Mutual Fund has many experienced fund managers.

Mr. Ashwani Kumar – Senior Fund Manager – deals in equity investments.
Mr. Sailesh Raj Bhan – Deputy CIO, deals with the Multi Cap Fund and Consumption Fund.
Mr. Samir Rachh – Expert in Mid Cap and Small Cap Stocks.
Mr. Sanjay Parekh – Senior Fund Manager, earlier worked at ICICI Prudential AMC.
Ms. Meenakshi Dawar – Manages the Nippon India Value Fund and Vision Fund.
Mr. Manish Gunwani – CIO Equity Investments, small and mid-cap fund specialist.

They are linked with a lot of experience and help investors to grow their money.