Nippon India Mutual Fund

Nippon India Mutual Fund - An Overview

The name ‘Nippon India’ stands pretty well in India’s asset management space with its Average Assets under Management (AAUM) touching 2.02 lakh crore during July-September 2019. Till September 30, 2019, Nippon India Mutual Fund, formerly known as Reliance Mutual Fund, had 90 lakh folios. It’s been made possible due to a wide range of mutual fund schemes - equity, debt and hybrid- that this fund house has to offer. The schemes cater to investors with different risk appetite and investment goals. Along with the schemes, Nippon India Mutual Fund has presence too. It has its base across 300 cities in India.

Equity Funds

• Nippon India Vision Fund
• Nippon India Large Cap Fund
• Nippon India Multi Cap Fund
• Nippon India Small Cap Fund
• Nippon India Growth Fund
• Nippon India Focused Equity Fund
• Nippon India Tax Saver ELSS Fund
• Nippon India Index Fund - Nifty Plan
• Nippon India Index Fund - Sensex Plan

Nippon India Vision Fund

The fund invests in large stocks with strong fundamentals and good long-term prospects to generate capital appreciation over time.

Nippon India Large Cap Fund

The fund looks to generate long-term capital appreciation by investing predominantly into the stocks of top-100 companies according to the market capitalization.

Nippon India Multi Cap Fund

One of the most diversified equity funds offered by the fund house, the multi-cap fund seeks capital appreciation by investing in a mix of large-cap, small-cap and mid-cap stocks.

Nippon India Small Cap Fund

The fund looks to generate long-term capital appreciation by investing in equity and equity-related instruments of companies ranked after the top 250 companies according to the market capitalization.

Nippon India Growth Fund

The fund manager in charge of this fund follows a research-based investment approach while optimizing the portfolio mix. The fund invests predominantly in equity and equity-related instruments to generate long-term growth of the invested capital.

Nippon India Focused Equity Fund

The money invested in this fund goes in equity and equity-related instruments of up to 30 companies across the market capitalization. The objective of the fund is to create a diversified portfolio mix and help generate capital appreciation over the long term.

Nippon India Tax Saver (ELSS) Fund

The name defines the fund itself. It’s a tax-saver equity fund that enables investors save taxes up to 1.5 lakh in a financial year. It comes with a lock-in-period of 3 years.

Nippon India Index Fund- Nifty Plan

The fund looks to replicate the composition of Nifty in a bid to generate returns that mirror the performance of the said benchmark, subject to tracking errors.

Nippon India Index Fund - Sensex Plan

The fund looks to replicate the composition of Sensex in a bid to generate returns that mirror the performance of the said benchmark, subject to tracking errors.

Debt Funds

• Nippon India Income Fund
• Nippon India Banking & PSU Debt Fund
• Nippon India Low Duration Fund
• Nippon India Short Term Fund
• Nippon India Money Market Fund
• Nippon India Floating Rate Fund
• Nippon India Prime Debt Fund
• Nippon India Liquid Fund
• Nippon India Credit Risk Fund
• Nippon India Strategic Debt Fund
• Nippon India Dynamic Bond Fund
• Nippon India Gilt Securities Fund
• Nippon India Ultra Short Duration Fund

Nippon India Income Fund

The fund aims capital appreciation at moderate risks by investing in a portfolio of debt and money-market instruments.

Nippon India Banking & PSU Debt Fund

The fund aims for income generation in short to medium term by investing predominantly in debt and money-market instruments issued by banks and other financial institutions.

Nippon India Low Duration Fund

The fund seeks optimal returns consistent with moderate risk and high liquidity by investing in a mix of debt and money-market instruments.

Nippon India Short Term Fund

It seeks stable returns by investing in a portfolio of debt and money-market instruments.

Nippon India Money Market Fund

If you want to to generate optimal returns with moderate risk, investing in this fund will be a good idea. It will provide you enhanced liquidity by investing mainly in money-market instruments that are highly liquid in nature.

Nippon India Floating Rate Fund

The fund aims for regular income generation by investing less than less 75% of the total assets in fixed rate debt instruments such as rate securitized debt, money-market instruments and floating rate debt instruments swapped for fixed returns.

Nippon India Prime Debt Fund

If you seek an investment that can strike a balance of yield, liquidity and safety, then this fund is for you. The fund invests in debt instruments of different maturities.

Nippon India Liquid Fund

The fund generates optimal returns for investors by investing in a mix of debt and money-market instruments.

Nippon India Credit Risk Fund

Want to invest where you can generate optimal returns with moderate levels of risk? Invest in Nippon India Credit Risk Fund that pools 65% of assets in debt instruments with maturity of more than a year. The remaining balance is invested in money-market instruments having maturity less than a year. The fund will not include more than 50% of the government securities in its investment portfolio.

Nippon India Strategic Debt Fund

Seeking regular income and an optimum balance of yield, liquidity and safety? Invest in Nippon India Strategic Debt Fund that will keep the money in a portfolio of debt and money-market instruments.

Nippon India Dynamic Bond Fund

The fund manager taking stock of this fund is tasked with the responsibility to generate regular income and capital appreciation for investors by investing in debt and money-market instruments.

Nippon India Gilt Securities Fund

Seeking credit risk-free returns? Invest in Nippon India Gilt Securities Fund that keeps the money predominantly in securities issued and guaranteed by the Central and State Government.

Nippon India Ultra Short Duration Fund

Want optimal returns in line with moderate levels of risk? You can invest in Nippon India Ultra Short Duration Fund that keeps the money in debt and money-market instruments to serve the purpose.

Hybrid Funds

• Nippon India Balanced Advantage Fund
• Nippon India Equity Hybrid Fund
• Nippon India Hybrid Bond Fund
• Nippon India Arbitrage Fund
• Nippon India Retirement Fund Income Generation Scheme
• Nippon India Equity Savings Fund

Nippon India Balanced Advantage Fund

The fund looks to maximize the potential and downside of equity markets by dynamically changing the asset allocation among equity & equity-related instruments, debt & money-market securities, etc.

Nippon India Equity Hybrid Fund

The fund looks to generate consistent returns by investing up to 50% in equity and equity-related instruments and a minimum of 25% in debt and money market instruments having averaging maturities of 1-7 years.

Nippon India Hybrid Bond Fund

The primary objective of the fund is to generate regular income. And, it aims to fulfill the same by investing in debt instruments. On the other side, the secondary objective of capital appreciation is met by investment in equity and equity-related instruments.

Nippon India Arbitrage Fund

The fund looks to generate income by capitalizing on the arbitrage opportunities that can exist between cash and derivative market and within the derivative segment. It will also invest in debt and money-market instruments.

Nippon India Retirement Fund Income Generation Scheme

Want a lump sum corpus by the time you retire? You can invest in this fund that can serve the purpose by putting the money in equity as well as fixed income securities. The asset allocation is made to ensure capital appreciation and consistent income for the investors.

Nippon India Equity Savings Fund

The fund runs with the objective of capital appreciation as well as regular income by capitalizing on the arbitrage opportunities and investing in equity, debt and money-market instruments.

Nippon India Mutual Fund NAV Calculation

The Net Asset Value (NAV) is the price of a mutual fund unit. There’s no denying that Nippon India Mutual Fund NAV change each trading day based on the price movement of underlying securities. The NAV calculation also takes into account the fees & charges incurred on a particular fund. There’s a formula to calculate the NAV.

NAV= (Assets - Liabilities x 100)/(Number of oustanding units)

Assets mean the value of underlying securities, any accrued income, etc. On the other hand, liabilities include the registrar fees, promotional & marketing expenses of the fund, distributor commission (for regular plans only), etc. The number of outstanding units is nothing but the total number of units held in an investment.

How to Gauge Nippon India Mutual Fund Performance?

The returns over different periods tell the performance of Nippon India Mutual Fund. You can check the returns online.

Nippon India Mutual Fund Investment Modes

You can invest in Nippon India Mutual Fund using any of the two modes - lump sum or Systematic Investment Plan (SIP). A lump sum is technically a one-time investment. Whereas, an SIP is a tool by which you can invest at regular intervals - daily, weekly, fortnightly, monthly, quarterly, half-yearly or annually.

Nippon India Mutual Fund SIP Calculator

The ease of investment makes many go for mutual fund SIPs, which by small periodical bunches can turn into one big sum over time. It’s the Power of Compounding feature that makes it possible. This feature is integrated in Nippon India Mutual Fund SIP Calculator that you can see online. Just enter the SIP amount, payment frequency, the time for which you want to stay invested, and the expected rate of return. As soon as you enter these, you can get an estimated value of your investment.

Nippon India Mutual Fund Common Application Form

You can download the common application form on the official website of Nippon India Mutual Fund. Just take a printout of the form, fill the details sought and submit it to Nippon India Mutual Fund either directly or through the registered distributors.

How Can I Invest in Nippon India Mutual Fund Online?

Investing in mutual fund online is a fun with Wishfin, a digital financial marketplace that displays the details of top-performing schemes across the categories. Check out the steps by which you can start investing.

• Go to www.wishfin.com
• Click on ‘Mutual Funds’ tab
• Click on ‘Register/Login’

Registration Steps for New Investors

• Mention your mobile number
• Click on ‘Next’
• Enter the One-time Password (OTP) received on your mobile number
• Click on ‘Verify and Continue’
• Enter your full name, email ID, the city you live in
• Create a password meeting the desired requirements as laid down
• Click on ‘Sign Up”

The account will be created after mentioning a few details.

Login Steps

• Enter your mobile number or email ID
• Enter the OTP received
• Select ‘Nippon India Mutual Fund’ from the scroll containing a list of Asset Management Companies (AMCs)
• Choose the particular Nippon India Mutual Fund scheme you wish to invest in
• Click on ‘Invest’ beneath the scheme

Nippon India Mutual Fund Account Statement

The account statement tells you the amount of investment made, the number of units held, the prevailing NAV, etc. You can get the statement on your email ID.

Nippon India Mutual Fund Customer Care Number

Call 24x7 customer care number - 18602660111 and get all your queries sorted out. Doesn’t matter if it's about NAV, account statement or any other, you can just dial the number and be assured.

Board of Directors, Fund Managers of Nippon India Mutual Fund Schemes

Below is a list of directors and fund managers that take stock of Nippon India Mutual Fund schemes.

Board of Directors

• MR. Minoru Kimura
• MS. Ameeta Chatterjee
• ​​​​General Ved Prakash Malik (Retd.)
• MR. Sundeep Sikka
• MR. Akira Shibata
• MR. Mahadevan Veeramony

Equity Fund Managers

• MR. Ashwani Kumar
• MR. Sailesh Raj Bhan
• MR. Samir Rachh
• MR. Sanjay Parekh
• MR. Sanjay Doshi
• MS. Meenakshi Dawar
• MR. Manish Gunwani
• MR. Ashutosh Bhargava
• MR. Dhrumil Shah
• MR Vinay Sharma
• MS. Kinjal Desai
• MR. Arun Sundaresan
• MR. Anand Gupta
• MR. Tejas Sheth
• MR. Vikram Dhawan

Debt Fund Managers

• MR. Amit Tripathi
• MS. Anju Chhajer
• MR. Prashant Pimple
• MR.Vivek Sharma
• MR. Sushil Budhia