Nippon India Debt Mutual Funds
About This AMC
Nippon India Mutual Fund is among the top 5 AMCs (Asset Management Companies) in India in terms of assets managed.
Nippon India is a joint venture between Reliance Mutual Fund and Nippon Life Insurance Company of Japan. The brand name changed from Reliance Mutual Fund to Nippon India Mutual Fund in 2019 when Nippon increased its stake in the AMC to 75%.
Nippon India Mutual Fund is the first Indian mutual fund to be listed on the stock exchanges through IPO in 2017. Along with creating wealth for its investors (unit holders), Nippon India Mutual Fund has also made money for its shareholders.
Sailesh Raj Bhan, lead fund manager of the popular Nippon India Large Cap Fund, is the CIO (Equity) whereas Amit Tripathi is the CIO (Debt).
Nippon India Mutual Fund is home to one of the biggest small cap schemes in India: Nippon India Small Cap Fund (₹35,000+ crore)
As of February 2024
Schemes
133
AUM
₹5,78,235 Cr
AUM growth
₹21,725 Cr
Fund managers
27
