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Overview: Nippon India Asset Management Company
Nippon India Asset Management Company earlier known as Reliance Nippon Asset Management Limited is one of the most popular AMCs in India. Nippon India is an AMC (Asset Management Company) run by the joint partnership of Reliance Capital Limited and Nippon Life Insurance, Japan. However, the former has minuscule stake in the AMC.
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Listed on stock exchanges in India, Nippon India is one of the leading Asset Management Companies in India with certain mutual fund schemes giving impressive returns over the years. It offers different investment portfolios that cater to the diverse needs of investors.
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Sudeep Sikka, Executive Director and Chief Executive Officer of Nippon India, joined the AMC in 2003 and has pioneered trends that are now an intrinsic part of the mutual fund industry. His expertise in active management of the investment portfolios has been a trusting factor for millions of progressive investors.
Mutual Funds offered by Nippon India Asset Management Company
Equity Mutual Funds by Nippon India
Equity Mutual Funds offered by Nippon India Asset Management Company allow the benefit of capital appreciation with an increase in the stock prices. These funds tend to offer higher returns over a longer period of time. Below are a few Equity Mutual Funds offered by Nippon India:
| Fund Name | 3 Year (%) | 5 Year (%) | NAV | Fund Size in (Cr) |
| Nippon India Large Cap Fund | 12.14 | 10.38 | 37.31 | 13170.35 |
| Nippon India Small Cap Fund | 7.31 | 12.34 | 41.15 | 8437.61 |
| Nippon India Banking Fund | 11.7 | 11.68 | 287.49 | 3203.36 |
| Nippon India Focused Equity Fund | 7.83 | 10.16 | 49.51 | 4518.53 |
| Nippon India Growth Fund | 6.69 | 9.19 | 1160.65 | 6858.1 |
Debt Mutual Funds by Nippon India
Nippon India Asset Management Company offers Debt Mutual Funds that help you generate higher returns in a short period of time, as compared to other funds. These funds invest majorly in debt securities like Treasury Bills, Government Securities, Corporate Bonds, etc.
Here is a list of Debt Mutual Funds by Nippon India –
| Fund Name | 3 Year (%) | 5 Year (%) | NAV | Fund Size in (Cr) |
| Nippon India Gilt Securities Fund | 9.73 | 11.29 | 29.04 | 975.02 |
| Nippon India Income Fund | 7.92 | 9.25 | 67.86 | 252.98 |
| Nippon India Liquid Fund | 7.1 | 7.56 | 4745.07 | 31841.33 |
| Nippon India Money Market Fund | 7.69 | 7.9 | 2980.15 | 3278.39 |
| Nippon India Prime Debt Fund | 7.68 | 8.36 | 41.96 | 1317.82 |
Hybrid Mutual Funds by Nippon India
Hybrid Mutual Funds invest in both equity and debts in different proportions for a fixed period of time. The fund managers work on these funds in order to achieve the perfect mix of diversification resulting in increasingly better returns.
Given below are a few Hybrid funds that you may invest in –
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| Fund Name | 3 Year (%) | 5 Year (%) | NAV | Fund Size in (Cr) |
| Nippon India Arbitrage Fund | 7.6 | 8.72 | 58.45 | 11257.05 |
| Nippon India Equity Hybrid Fund | 6.03 | 7.87 | 46.27 | 1867.36 |
| Nippon India Hybrid Bond Fund | 7.18 | NA | 14.3 | 241.82 |
| Nippon India Retirement Fund- Income Generation Scheme | 6.96 | 7.42 | 20.43 | 8534.74 |
Fund Managers for Nippon India Asset Management Company
- Mr. Amit Tripathi
With more than 20 years of experience in financial services, Mr. Amit has been associated with Reliance Mutual Fund for over 16 years now. He is currently working as the Chief Investment Officer- Fixed Income and has successfully managed various fixed income and hybrid funds.
- Ms. Anju Chhajer
Working as a Debt Fund Manager with Reliance Nippon Asset Management Company, Ms. Anju Chhajer is a Chartered Accountant by education and also holds a Commerce degree from Shib Nath Shastri College, Kolkata. She has professional experience in financial services of around 22 years.
- Mr. Ashwani Kumar
Mr. Ashwani Kumar has been working with RNAM since 2003. Prior to this, he was working with Zurich Asset Management Co. Ltd. for around 10 years. He is a graduate of the University of Poona with an MBA in Finance. Mr. Ashwani is responsible for handling the Reliance Tax Fund.
- Mr. Shailesh Raj Bhan
The Deputy Chief Investment Officer at RNAM, Mr. Shailesh Raj Bhan has over 24 years of work experience in the Indian Equity Market. As part of Reliance Nippon Asset Management Company, he manages the diversified equity schemes such as Reliance Multi-Cap Fund, Reliance Large-Cap Fund.
- Mr. Sanjay Parekh
With over 24 years of experience in Equity Research and Fund Management, Mr. Sanjay Parekh was previously working with ICICI Prudential Asset Management Ltd. He is currently designated as the Senior Fund Manager of Equity with RNAM and manages Reliance Equity Hybrid Fund, Reliance Equity Savings Fund, and Reliance Retirement Fund.
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How to Invest in Mutual Funds via Paisabazaar.com?
Step 1: On Paisabazaar.com, select the ‘Mutual Fund’ option.
Step 2: If you are a registered user, log in to the platform using your mobile number and password/OTP. Or create a new account.
Step 3: Choose ‘Invest’ > ‘Explore All Funds’ on the left sidebar.
Step 4: Select the Nippon India Mutual Fund of your choice. Now, all the details of the fund including NAV, risk level, etc. will appear.
Step 5: Enter the amount you wish to invest, select the investment type – SIP or Lumpsum, and click on the ‘Confirm & add to cart’ option.
Step 6: You can complete the payment using the net banking of major Indian banks.
The mutual fund units will be allotted to you within 5 working days. If you’re not KYC Compliant, you will need to complete your KYC before investing in mutual fund schemes.
How to Complete Your KYC Check for Nippon India Mutual Fund
KYC (Know Your Customer) is a one-time customer identification process and a mandatory compliance requirement for investors who wish to invest in mutual funds. It has been made compulsory by the capital markets regulator SEBI (Securities and Exchange Board of India) for mutual fund investments in order to curb fraudulent activities.
The KYC Process can be initiated and completed with any of the following SEBI-registered intermediaries:
- The Fund House (Asset Management Company)
- KYC Registration Agency (KRA) such as CAMS, Karvy, CSDL (Central Depository Services Limited) Ventures, NSDL (National Securities Depository Limited) and NSE-owned (National Stock Exchange) DotEx International Limited
To complete your Mutual Fund eKYC online, follow these steps, and you’ll be good to go:
Step 1: Visit the website of a fund house or any of the above-mentioned KRA’s website and create an investor account by filling in your personal details and your Aadhaar-linked mobile number so that you can verify the account using that OTP.
Step 2:Upload self-attested copies of your Identity Proof and Address Proof.
That’s all. Your eKYC process is done!
Documents Required for Mutual Fund Investment
Here is a list of official documents required to validate the identity and address of an investor:
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1. Identity Proof
- Aadhaar Card
- PAN Card
- Passport
- Driving License
2. Address Proof
- Aadhar Card
- Driving License
- Passport
- Recent Utility Bill
- Rental/Lease Agreement
Benefits of Investing in Mutual Funds
- Mutual Funds are considered safe investment options as they are regulated by SEBI which saves the Investor from any fraudulent activities by the mutual fund companies
- Dividends earned are tax-free if the securities are held for more than a year
- Mutual funds are considered to be liquid as most of the schemes are liquidated within 3 days and some of the liquid funds can be liquidated overnight
- Investing and redemption in Nippon India Mutual Fund is a very easy and hassle-free task
- Portfolio maintained by the Nippon India Mutual Funds is always maintained by averaging the risk and the return, investor can expect good rate of return by not compromising on the risk part
- Investor can also choose for Systematic Investment Planning by which he can save some part of his monthly income in the mutual funds and in long term can make more money for his future goals
- Nippon India Mutual Funds believes in complete transparency and publishes the report timely and investor can view the portfolio anytime.
Frequently Asked Questions
Q. What is an Asset Management Company (AMC)?
A. AMC is an organization that manages the pooled funds from numerous investors and invests them in various financial securities to generate returns.
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Q. What is Net Asset Value (NAV)?
A. Net Asset Value measures the performance of an individual mutual fund scheme of an AMC. In essence, it is the market valuation of the securities the fund has invested in. So, the NAV per unit is derived from dividing the total market value of all the invested securities by the total number of units issued. Since the number of unit holders and the valuation of securities change every day, the NAV of a mutual fund also changes accordingly.
Q. What is Expense Ratio?
A. Expense Ratio refers to a small amount of fee charged by Asset Management Companies annually to manage investors’ assets. It covers the operating and managing cost incurred by the AMC. It is a percentage of the total assets invested by the investor.
Q. What is Entry Load?
A. When an investor purchases units of a mutual fund scheme for the first time, s/he is charged a small amount of processing fee by the Asset Management Company which is known as an Entry Load.
Q. What is Exit Load?
A. When investors redeem their investment from a mutual fund scheme, s/he is charged a small amount of processing fee which is known as an Exit Load. It is also charged when investors choose to switch between different mutual fund schemes of a specific AMC.