Nippon India Mutual Fund
Nippon India Mutual Fund stands as one of the premier asset management companies in India, managing Assets Under Management (AUM) amounting to Rs. 380049 crores as of December 2023. Initially known as Reliance Mutual Fund, it underwent a transformation when Nippon Life Insurance Company, based in Japan, increased its stake to 75%, leading to the renaming of the company as Nippon India Mutual Fund in November 2019. Notably, it holds the distinction of being the first mutual fund company to be listed on stock exchanges in 2017 during its earlier avatar as Reliance Mutual Fund.
Nippon India Mutual Fund snapshot
Inception date | June 30, 1995 |
Sponsor (s) | Nippon Life Insurance Company |
Chief Executive Officer | Mr. Sundeep Sikka |
Chief Investment Officer | Mr. Sailesh Raj Bhan (Equity) & Mr. Amit Tripathi (Fixed Income) |
No. of Schemes | 72 |
Average AUM (Rs. in Crores) | 440507.23 |
As on February 2024
How to invest in Nippon India Mutual Fund
Just use the Kotak Neo app to invest without any hassle.
Being 18+ years old KYC compliant, you can invest in Nippon India Mutual Fund’s schemes that are best suited to you. Get comfortable with online investing and invest in different fund houses without creating individual accounts on each website – with Kotak Neo!
To start investing on Kotak Neo, you need to:
- Login with your credentials (mobile number/PAN/QR code)
- Click on More
- Select the fund of your choice and begin investing
Kotak Securities Limited: AMFI-registered Mutual Fund Distributor
