About Nippon India Mutual Fund (2024)

FAQs

About Nippon India Mutual Fund? ›

NIMF which is one of the fastest growing mutual funds in India, offers investors a well-rounded portfolio of products to meet varying investor requirements and has presence in 260 locations (as of 31st December 2023) across the country.

Fund Performance: The Nippon India Large Cap Fund has given 26.32% annualized returns in the past three years and 17.9% in the last 5 years. The Nippon India Large Cap Fund comes under the Equity category of Nippon India Mutual Funds.

The company is led by its CEO Sundeep Sikka. Nippon Life India Asset Management Limited works as an investment management firm. The Company provides services like portfolio management, mutual fund investment, financial planning, and advisory services to individuals, institutions, trusts, and private funds.

Nippon India Mutual Fund is the fifth largest mutual fund house by asset size in India. The fund house manages assets worth (AUM) of Rs 2.05 lakh crore for the quarter ending March, 2020.

NIMF was formed to launch various schemes under which units are issued to the public with a view to contribute to the capital market and to provide investors the opportunities to make investments in diversified securities.

Some years it may offer very high returns and in some years it may offer poor returns. That is why we speak about average returns over a long period of time. Nippon India Small Cap Fund is a steady performer. The scheme has been among the toppers in the small cap category in both short and long term.

Nippon Small Cap fund : Is highly volatile and risky fund only invest if you have the risk appetite and it fits in your portfolio. The time horizon mentioned is good enough .

Going by the figures of Dec 2023, some of the Nippon India MF schemes with the highest AUM are CPSE ETF, Nippon India Arbitrage Fund, and Nippon India Asset Allocator FoF. The company holds 7.7% of the industry's AUM.

Nippon India Mutual Fund (NIMF) was earlier known as Reliance Mutual Fund.

The name change came after Nippon Life Insurance of Japan completed the acquisition of 75 per cent stake in Reliance Nippon Life Asset Management from Reliance Capital. The management change has many existing investors in Reliance Mutual Fund schemes worried.

Which is best performing Nippon mutual fund? ›

Redemption. "Redemption" transaction allows you to withdraw partial/entire amount/units from an existing mutual fund scheme by selling the units back to the mutual fund at an applicable NAV.

Is Nippon Express a good company to work for? Nippon Express has an overall rating of 3.5 out of 5, based on over 274 reviews left anonymously by employees. 53% of employees would recommend working at Nippon Express to a friend and 50% have a positive outlook for the business.

In terms of annual returns, Nippon India Small Cap Fund has consistently outperformed the benchmark every year. Also, the scheme managed to beat the category in seven out of 10 calendar years.

The fund currently has an Asset Under Management(AUM) of ₹4,35,559 Cr and the Latest NAV as of 16 Apr 2024 is ₹210.38. The Nippon India Value Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 500.

How safe is Nippon India ETF Gold BeES? The risk level of Nippon India ETF Gold BeES is High . What are short term returns given by Nippon India ETF Gold BeES? The return given by Nippon India ETF Gold BeES in 1 month is 11.08%, 3 months is 16.85%, 6 months is 25.07%, and 1 year is 19.66%.

This fund has continuously performed better than similar funds. You can consider investing in this fund. Mid Cap Fund : The fund has 98.82% investment in domestic equities of which 13.64% is in Large Cap stocks, 50.39% is in Mid Cap stocks, 11.76% in Small Cap stocks.