Nippon India Mutual Fund is one of India's leading mutual funds, with an Average AUM of Rs. 4,46,755.53 Cr as of June 2024, and holds 243.16 lakh folios.NIMF, one of India's fastest-growing mutual funds, offers investors mutual funds (including ETFs), managed accounts, Portfolio Management Services, Alternate Investment Funds (AIFs), offshore funds, and advisory mandates. It is the only AMC in India with more than 19 years of experience in managing ETFs.The AMC has a presence in 263 locations across the country.Nippon India Mutual Fund was registered with SEBI in 1995. The AMC was earlier known as Reliance Mutual Fund with a joint venture of Reliance Capital and Japan-based insurer Nippon Life Insurance Company. In 1999, Nippon Life Insurance bought Reliance Capital’s 75% stake in the AMC. Nippon Life is Japan’s largest private life insurer & one of the largest in the world.
List of All Nippon India Mutual Fund
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Details of Nippon India Mutual Fund
Founding Date
February 24, 1995
Address
4th Floor, Tower A, Peninsula Busines-s Park, Ganapatrao Kadam MargLower Parel (W), Mumbai - 400013.
Email
customercare@nipponindiaim.in
Telephone
022-68087000/1860260111
Documents Required to Invest
To invest in Nippon India Mutual Fund schemes, there is no physical documentation required. You need to upload the following KYC documents online:
Proof of Identity (PAN, Aadhaar)
Proof of Address (Aadhaar)
How to Invest in Nippon India Mutual Fund
Step 1: Download the Rupeezy App if you do not have an account.
Step 2: If you are a first-time user, you need to submit your KYC documents like PAN, Aadhaar, add personal details, and complete the account verification.
Step 3: Select Nippon India Mutual Fund and review the scheme list in each category.
Step 4: Assess the funds' performance and risk parameters.
Step 5: Select the appropriate category as per your financial goal and risk appetite.
Step 6: Compare the selected fund with other funds in its category using Smart Explore on a visual graph.
Step 7: Check fund portfolio overlap among all funds in your portfolio. Check the fund impact on your overall portfolio with the Impact Analysis feature.
Step 8: Select the fund, add lumpsum, or SIP, and set up payment with UPI or net banking.
Nippon India Mutual Fund FAQs
Ans: Yes, Nippon India Mutual Fund mutual fund schemes are considered safe investments. In India, all Asset Management Companies (AMC), including Nippon India Mutual Fund, are regulated by SEBI (Securities and Exchange Board of India) and AMFI (Association of Mutual Funds in India). The mutual fund industry operates under strict regulations to safeguard investors' interests. However, it's crucial for investors to conduct thorough research to ensure that the specific fund schemes align with their financial goals and risk tolerance.
Ans: Nippon India Mutual Fund Mutual Fund schemes are not tax free. Mutual fund capital gains are subject to capital gains tax. In the case of equity mutual funds, mutual fund units sold within a year of purchase will attract a 20% tax on profits. Gains from mutual funds held for more than a year are taxed at 12.5%. For debt funds, the debt fund units sold within three years will be taxed as per the income tax slab. For debt funds held for over three years, the tax rate is 12.5% without indexation benefits.
Here are some of the best-performing funds from Nippon India Mutual Fund AMC based on past 5-year returns:
Fund Name
5-Year Return (%)
Nippon India Overnight Fund
4.82%
Nippon India USD Fund
6.22%
Nippon India Liquid Fund
5.26%
Nippon India Low Duration Fund
5.90%
Nippon India Arbitrage Fund
5.31%
Ans: Yes, Nippon India Mutual Fund AMC is good for long-term capital appreciation. The equity schemes under the AMC have performed well over the long term and delivered returns above the category average. Visit the Rupeezy Invest App to check Nippon India Mutual Fund AMC fund performance.
Ans: You can log in to your Rupeezy app and view your portfolio which will show you the current value as per the prevailing NAV on the last closing business day.
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