NIPPON INDIA MUTUAL FUND

About Nippon India Mutual Fund

Nippon India Mutual Fund was previously known as Reliance mutual fund. It has been registered with SEBI since June 1995. The change in name was effective from March 2004 when Japan’s Nippon Life insurance has changed the name of Reliance Nippon Like AMC after acquiring a 75% stake in the entity. It is now called as Nippon India Mutual Fund as it has become the sole promoted. It is one of India’s leading fund houses with an AUM of over 2.35 lakh Crores and a presence in 320+ cities. The primary vision of Nippon India is to carry the activity and operations of mutual funds as per the compliance and devise and formulate various collective schemes of investments for citizens of India.

MAJOR INFORMATION

HOW TO INVEST IN NIPPON INDIA MF VIA ZFUNDS?

There are very simple and convenient steps to start investing in Nippon India Mutual Funds which is one of the leading fund houses in the country. Follow the below-mentioned steps to start investing:

1. Download the ZFunds app from the Playstore- Link here.
2. Create your free account with us. If you already have an account with us, you can simply log in to it.
3. To create an account, you will be required to upload your needful identification documents which can include an Aadhar card, Voter ID, pan card, driving license, passport, or any other authentic document which is issued by the state or central government.
4. You will need to upload your address proof.
5. After that, you just need to select the best fund which suits you as per your investment horizon and risk.
6. And, then at last you just need to choose whether you want to do a lump sum investment or start a sip.

After the successful investment, the units will be allotted and investment will be reflected in 2-3 working days in your ZFunds account.

DOCUMENTS REQUIRED

1.  Identity Proof 

• PAN Card
• Aadhar Card
• Passport
• Driving License

2. Address Proof

• Aadhar Card
• Driving License
• Passport
• Any Recent Utility Bill (Water, Gas, Electricity, etc.)
• Rental/Lease Agreement

TOP 10 NIPPON INDIA MUTUAL FUNDS

KEY FEATURES OF NIPPON INDIA MUTUAL FUND

1. Investment instruments:

The long legacy and goodwill of Nippon India in the finance sector makes their schemes a more preferred and robust instrument to invest in. 

2. Expertise team of fund managers:

Nippon India is equipped with a team of knowledgeable and skilled professionals who are accomplished in the investment industry. The Fund managers are supported by a team of research scholars and specialists who are experts in their own field. 

3. Tax Benefits:

Certain schemes allow investors to avail tax benefits u/s 80C and 80CCG of the Income Tax Act, 1961.

4. Creating market trends:

Nippon India specializes in offering innovative mutual fund investments. It was among the initial investment company to launch Gold Savings Fund which is an open-ended FoF.

FUND MANAGERS

1. Mr. Amit Tripathi 

Mr. Amit has been associated with Nippon for over 16 years and brings more than 20 years of experience in the domain of financial services. He is currently working as the CIO - Fixed Income and has diligently and successfully managed various hybrid and income funds. 

2. Mr. Ashwani Kumar

Mr. Kumar has been working with Nippon since 2003 and has worked with Zurich AMC for around 10 years. He is a graduate of Poona University and has a professional exposure of over 22 years in financial services. 

3. Mr. Sanjay Parekh

With over 24 years of experience in fund management and equity research, Mr. Parekh has been an asset to Nippon India. He has worked with ICICI Pru AMC previously and has demonstrated a history of successfully managing Equity hybrid funds, savings funds, and retirement funds. 

4. Mr. Sahilesh Raj

The Deputy CIO of Nippon India, Mr. Raj has over 25 years of experience in the Indian Mutual Fund industry. At Nippon, he manages diversified equity schemes such as Reliance multi-cap and large-cap.