Best Performing Nippon India Mutual Funds

About Nippon India Mutual Fund

 

Nippon India Mutual Funds (previously Reliance Mutual Fund) is one of India’s top asset management companies. Assets are handled through managed accounts, mutual funds, pension funds, alternative investments, and offshore funds.

 

Nippon Life India Asset Management Limited is the asset manager for Nippon India Mutual Fund (NIMF) (NAM India). Reliance Capital Limited and Nippon Life Insurance Company own 75.93% of NAM India’s total issued and paid-up equity share capital.

 

 

Reliance Capital Limited is a top-tier RBI-registered Non-Banking Finance Company in India, specialising in asset management, life insurance, general insurance, stockbroking, and other financial operations.

 

Nippon India Mutual Fund is one of India’s leading asset management companies. Reliance Mutual Fund was established in June 1995 as a joint venture between India’s Reliance Capital and Japan’s Nippon Life Insurance firm. Nippon purchased Reliance’s stake in October 2019, and the fund house was renamed Nippon India Mutual Fund.

 

Nippon Mutual Funds is responsible for assets of Rs.2,07,288 crores. Nippon mutual funds schemes now offer 52 equity, 266 debt, and 40 balanced funds. Sundeep Sikka, the company’s CEO, is in charge. Nippon Life India Asset Management Limited is a company that manages investments. Individuals, institutions, trusts, and private funds can use the company’s portfolio management, mutual fund investing, financial planning, and consulting services. Nippon Life Insurance Firm (NLI) is a large private life insurance company in Japan, that provides a comprehensive variety of financial/traditional insurance products. NLI handles assets in Asia through its subsidiary Nissay Asset Management Corporation, which also manages assets globally.

 

Best Performing Nippon India Mutual Funds In India (as per 3-Year Return)

 

Scheme	3-Year Return	AUM (INR)(Cr)
Nippon India Small Cap Fund	35.50%	23,098.13
Nippon India Growth Fund	26.34%	13,665.72
Nippon India Pharma Fund	26.33%	4,789.21
Nippon India Consumption Fund	26.07%	278.96
Nippon India Power & Infra Fund	23.72%	1,953.08
Nippon India Focused Equity Fund	21.77%	8,821.63
Nippon India Multi Cap Fund	21.65%	14,122.60

 

Source: AMFI (Data as of 10/11/2022)

 

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Step 3: In the Explore area, click on MF to select mutual funds for investment.

 

Top Fund Managers

 

• Mr Sailesh Raj Bhan

 

• • Deputy CIO-Equity

 

Mr Sailesh Raj Bhan has over 24 years of expertise in Indian equity markets, including over 15 years in fund management at Reliance Nippon Life Asset Management Limited. He oversees the flagship diversified equity schemes Nippon India Multi Cap Fund (previously Nippon India Equity Opportunities Fund), which has amassed over Rs10,000cr ($1.5bn) in assets since its inception in March 2005, and Nippon India Large Cap Fund (previously Nippon India Top200 Fund), which has amassed over Rs13000cr (over $1.8bn) since its inception in 2007.

 

Sailesh has also managed the largest Pharma Sector Fund in India since its inception 15 years ago, in May 2004, as well as the Nippon India Consumption Fund, a broad-based Consumption Thematic product, since 2004. He has also provided advice on foreign mandates for various strategies throughout the previous five years.

 

• Mr Samir Rachh

 

• • Fund Manager – Equity Investments

 

Samir Rachh holds a bachelor’s degree in commerce from Mumbai University. He has more than 29 years of experience. Five and a half years with Capital Market Magazine as Assistant Editor, three years as managing partner of Anvicon Research, a research and investment advisory firm, five years with Hinduja Finance managing funds and research, four years with Emkay Global Financial Services Ltd, two years as Head of Institutional Research and two years as Head of PMS. He has been with the NIMF for the past twelve years. He focuses on mid-cap and small-cap equities.

 

• Mr Sanjay Doshi

 

• • Fund Manager

 

Mr Sanjay Doshi has over 16 years of stock research and fund management expertise. He formerly worked for Macquarie Securities and JP Morgan before joining Nippon Life India Asset Management Limited (Formerly Reliance Nippon Life Asset Management Limited) in 2011. He is a trained Chartered Accountant, holds an MBA with a finance speciality from NMIMS (Deemed University), Mumbai, and is a CFA Charterholder.

 

• Ms Meensakshi Dawar

 

• • Fund Manager

 

Ms Meenakshi Dawar has over 11 years of Fund Management and Equity Research expertise. She is now the manager of Nippon India Mutual Fund’s Nippon India Value Fund and Nippon India Vision Fund. She was managing Large Cap and Hybrid funds at IDFC mutual fund before joining Nippon Life India Asset Management Limited (Formerly Reliance Nippon Life Asset Management Limited). She was also crucial in the introduction of several innovative products at IDFC. She has also worked as an Equity Research Analyst with ICICI Securities, covering Indian markets. She holds a Post Graduate Diploma in Management from the Indian Institute of Management, Ahmedabad, and a B.Tech from IGIT, Delhi.

 

• Mr Manish Gunwani

 

• • CIO – Equity Investments

 

Manish earned a B.Tech from IIT Chennai and a Post Graduate Diploma in Management from IIM Bangalore.

 

Manish has over 21 years of expertise in stocks, especially in equity research and fund management. He has also co-founded a document management technology startup.

 

During his time at ICICI Prudential AMC, he managed two flagship funds of the mutual fund, growing its assets from $1 billion to $5 billion in five years. One of the funds expanded from $50 million to $3 billion, becoming the industry’s second largest fund. As deputy CIO, he was involved in many elements of asset management, such as building up research methods, product strategy, growing team talent, and so on.

 

Manish has extensive expertise in equities research and has also spent two years working at a midcap-focused portfolio management firm.

 

Manish has travelled extensively over the world and has attended several worldwide investing conferences and seminars.

 

• Mr Vinay Sharma

 

• • Equity Fund Manager

 

Nippon India Mutual Fund’s Equity Fund Manager is Vinay Sharma. Vinay received his bachelor’s degree in architecture from MNIT Jaipur and his postgraduate diploma in computer-assisted management from IIM Calcutta. Vinay has 14 years of experience and has obtained permission to use the Chartered Financial Analyst credential from the CFA Institute in the United States. Vinay spent several years as a fund manager with ICICI Prudential Management, managing both diversified and theme products prior to joining Nippon India Mutual Fund. He has worked as an equities research analyst at AIG Global Asset Management and JP Morgan India. Vinay has previously been involved in various NFO launches and product efforts, as well as attending several worldwide investing conferences and seminars.

 

• Mr Arun Sundaresan

 

• • Co-Fund Manager (Quant Fund) & Head – Product Management

 

Arun Sundaresan is Co-Fund Manager (Quant Fund) and Head, Product Management Group at Nippon Life India Asset Management Limited (Formerly Reliance Nippon Life Asset Management Limited). He has over 17 years of experience in the financial services industry, with the last 15 years spent at Nippon India Mutual Fund. Before taking on his present job in product management and as a Co-Fund Manager, he had several roles in the sales and distribution unit, as well as a term in the corporate strategy section. His present role is largely designing and promoting investor-friendly mutual fund products and features. He received his BE (Hons) Chemical from BITS, Pilani, and his Post Graduate Diploma in Entrepreneurial Management (PGDEM) from T.A.Pai Management Institute, Manipal. He also holds the famous CFA (Chartered Financial Analyst) certificate from the CFA Institute, USA.

 

Closer Look of Top Performing Nippon India Mutual Funds (as per 3-year return)

 

• Nippon India Small Cap Fund

 

The Nippon India Small Cap Fund Direct-Growth is a Small cap mutual fund from Nippon India Mutual Funds. As of 10th November 2022,  Nippon India Small Cap Fund Direct-Growth has INR 22,844.44 Crores in assets under management (AUM) and is a medium-sized fund within its category. The fund’s expense ratio of 0.87%.

 

• The growth returns of the Nippon India Small Cap Fund Direct-Growth during the past year were 10.48 per cent. Since its inception, it has generated average yearly returns of 25.28%.

 

• The majority of the fund’s assets are invested in the Chemicals, Technology, Consumer Staples, Services, Materials and Capital Goods sectors.

 

• Tube Investments Of India Ltd., Poonawalla Fincorp Ltd., HDFC Bank Ltd., KPIT Technologies Ltd. and Tejas Networks Ltd. are the top five holdings of the fund.

 

• Nippon India Growth Fund

 

Nippon India Growth Fund Direct-Growth is a Mid Cap mutual fund product offered by Nippon India Mutual Funds. As of 10th November 2022, Nippon India Growth Fund Direct-Growth has INR ₹13,510.02 Crores in assets under management (AUM) and is a medium-sized fund within its category. Its expense ratio of: 0.97% is comparable to that of the majority of Mid Cap funds.

 

• The growth rate of the Nippon India Growth Fund Direct-Growth during the past year was 1.44 per cent. Since its inception, it has generated average yearly returns of 16.80%.

 

• The majority of the fund’s assets are allocated to the Financial, Services, Healthcare, Consumer Staples, and Chemicals sectors.

 

• Varun Beverages Ltd., AU Small Finance Bank Ltd., Cholamandalam Financial Holdings Ltd., and Aditya Birla Fashion are the top five holdings of the fund.

 

• Nippon India Pharma Fund

 

Nippon India Pharma Fund Direct-Growth is a plan of Nippon India Mutual Fund’s Sectoral / Thematic mutual fund. As of 10th November 2022, the Nippon India Pharma Fund Direct-Growth has 4,785.53 Crores in assets under management (AUM) and is a medium-sized fund within its category. The fund’s expense ratio of 1.04%.

 

• The one-year returns for the Nippon India Pharma Fund Direct-Growth were -3.71 percent. Since its inception, it has generated average yearly returns of 16.43%.

 

• The majority of the fund’s assets are invested in the Healthcare industries.

 

• Sun Pharmaceutical Industries Ltd., Cipla Ltd., Dr Reddy’s Laboratories Ltd., Lupin Ltd., and Abbott India Ltd. are the top five holdings of the fund.

 

• Nippon India Consumption Fund

 

Nippon India Consumption Fund Direct-Growth is a Sectoral / Thematic scheme offered by Nippon India Mutual Fund. As of 10th November 2022, Nippon India Consumption Fund Direct-Growth has ₹272.71 Crores in assets under management (AUM). The expense ratio of the fund is 1.53%.

 

• The returns of the Nippon India Consumption Fund Direct-Growth during the past year were 13.20%. Since its inception, it has generated average yearly returns of 13.97%. 

 

• The majority of the fund’s assets are invested in Consumer Staples and services sectors.

 

• ITC Ltd., Westlife Development Ltd., Hindustan Unilever Ltd., Bharti Airtel Ltd. and United Spirits Ltd. are the top five holdings of the fund.

 

• Nippon India Power & Infra Fund

 

The Sectoral / Thematic scheme Nippon India Power & Infra Fund Direct-Growth  is a mutual fund scheme offered by Nippon India Mutual Fund. As of 10th November 2022, the Nippon India Power & Infra Fund Direct-Growth has 1,918.10 Crores in assets under management (AUM) and is a medium-sized fund within its category. The fund’s expense ratio of 1.55%.

 

• The one-year returns for the Nippon India Power & Infra Fund Direct-Growth  were 7.53%. Since its inception, it has generated average yearly returns of 12.13%.

 

• The majority of the fund’s assets are invested in Construction, Energy, Capital Goods and Communication industries.

 

• Larsen & Toubro Ltd., Rites Ltd., Reliance Industries Ltd., Bharti Airtel Ltd. and Power Grid Corporation of India Ltd. are the top five holdings of the fund.

 

• Nippon India Focused Equity Fund

 

Nippon India Focused Equity Fund Direct-Growth is a Focused scheme offered by Nippon India Mutual Fund. As of 10th November 2022, Nippon India Focused Equity Fund Direct-Growth has 6,331.80 Crores in assets under management (AUM) and is a medium-sized fund within its category. The fund’s expense ratio of 1.47%.

 

• The one-year growth rate for the Nippon India Focused Equity Fund Direct-Growth was 2.35%. Since its inception, it has generated average yearly returns of 18.01 %.

 

• The majority of the fund’s assets are invested in the Financial, Services, Technology and Energy industries.

 

• Axis Bank Ltd., Infosys Ltd., State Bank of India, Larsen & Toubro Ltd. and ICICI Bank Ltd. are the top five holdings of the fund.

 

• Nippon India Multi Cap Fund

 

Nippon India Multi Cap Fund Direct-Growth is a Multi Cap fund from Nippon India Mutual Fund. As of 10th November 2022, Nippon India Multi Cap Fund Direct-Growth has 14,024.92 Crores in assets under management (AUM). The fund’s expense ratio of 1.1%.

 

• One-year returns for the Nippon India Multi Cap Fund Direct-Growth were 9.46%. Since its inception, it has generated average yearly returns of 15.13%. 

 

• The majority of the fund’s assets are invested in the Financial, Services, Capital Goods and Healthcare industries.

 

• HDFC Bank Ltd., Larsen & Toubro Ltd., Linde India Ltd., The Indian Hotels Company Ltd., and ICICI Bank Ltd. are the top five holdings of the fund.

 

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