Nippon India Mutual Fund

Nippon India Mutual Fund began its journey in 1995 and offers equity, debt, hybrid, index funds, ETFs and solution-oriented schemes. Previously, it was called Reliance Mutual Fund. Its name changed in September 2019 after Nippon Life Insurance Company became the sponsor.

Here’s a quick overview of the Nippon India AMC:

Data as of 31 August, 2026.

Nippon India Mutual Fund stands out for its range of investment approaches. As per the AMC’s latest factsheet, it boasts research-based equity funds, a quant fund, momentum strategies, and international funds. The Nippon India Quant Fund, for example, uses a mathematical model to select stocks.

Their equity and fixed income have separate CIOs. Sailesh Raj Bhan is President and CIO of Equity Investments. Bhan has more than 27 years of experience in Indian equity markets and has managed Nippon India Large Cap, Milti cap and Pharma funds for more than 15 years. Amit Tripathi is President and CIO of Fixed Income. Tripathi leads a team of 22 fixed-income professionals.

Nippon India has a broad range of mutual fund schemes. As per the September 2026 factsheet, it offers 112 schemes across active equity, debt, and hybrid funds, along with index funds, ETFs, and others. Here’s a quick look:

Nippon India has 36 index funds and 26 ETFs, giving it 62 passive schemes. That is more than half of the 112 schemes listed. These are not just a large number of Nifty 50-type funds. The range includes factor-based indices such as momentum, quality and low volatility, as well as debt index funds.

Active schemes also have a wide range. They include funds in banking and financial services, pharma, consumption, infrastructure, MNCs and overseas markets. This gives you more choice to diversify your portfolio.

When you invest in a mutual fund scheme, your money is combined with that of other investors and put into assets based on the fund’s strategy. The AMC manages the portfolio. The trustee oversees the mutual fund and looks after the interests of unit holders. A custodian holds the securities of the schemes.

Nippon Mutual Fund is registered with SEBI under registration number MF/022/95/1. Nippon Life India Trustee Limited is its trustee, and Deutsche Bank AG is listed as the custodian.

This structure separates the fund manager, trustee and scheme assets, making it a safe investment process. However, this doesn’t guarantee returns. Equity schemes can fall, while debt funds can face interest-rate or credit risk. So before investing, check the scheme’s objectives, riskometer and portfolio.

Past performance is useful when you are comparing funds. Check out which Nippon India mutual fund schemes have beaten their respective category’s 3-year and 5-year averages.

3-year returns vs category comparison

5-year returns vs category comparison

So, can you solely rely on this historical performance? While this comparison tells you about the AMC’s track record, it doesn’t guarantee future performance. You should treat these returns as one part of your research, not as a promise for the fund’s future returns.

There is no single Nippon India MF scheme that will be right for everyone. You can consider these things to narrow down your options:

• Have a clear financial goal: First, decide the reason for your investment. Short-term goals may do well with more stable funds like debt schemes, whereas long-term goals can handle the volatility of equity schemes for better compounding over time.
• Define your investment horizon: It is better to have clarity about your time horizon before you invest. Redeeming a long-term equity fund early can lead to unnecessary losses if the market is volatile in the short term.
• Assess your risk appetite: If wild price swings make you uncomfortable, then maybe small-cap and mid-cap funds are not meant for you. Depending on how much risk you can take, you can pick between active or passive schemes.

Simply searching for the top Nippon India mutual funds can give you many names. But instead of that, first decide what type of fund you want to invest in. Then compare Nippon India MF schemes in that category. This way, you can make a more informed choice, without falling into the trap of chasing trendy schemes.

You can invest in Nippon India mutual fund schemes with in a few simple taps. Download the Millions app from the Google Play Store and iOS App Store, create a free account and complete your KYC. Then follow these steps:

1. Go to the Mutual Fund (MF) section on the app’s dashboard.
2. Search for ‘Nippon India Mutual Fund’.
3. Select the scheme you want to explore.
4. Check its performance, holdings, Riskometer, fund manager and other details.
5. Tap ‘One-time’ or ‘ SIP’, depending on how you want to invest.
6. Enter the investment amount. For an SIP, choose the frequency and debit date.
7. Check the details and click ‘Invest Now’.
8. Authorise the payment with the OTP, and you’re done!

It is as simple as that. You can start small, but remember that the minimum investment varies by scheme. The minimum SIP and one-time investment can start from ₹100 for some schemes. For instance, SIP or lump-sum in Nippon India Large Cap Fund starts from ₹100 on the Million app. It’s still worth checking the ‘Scheme Snapshot’ for the exact amount before investing.

If you’re considering Nippon India SIP plans instead of lump-sum, then you can benefit from the SIP Calculator tool. It tells you how your money could grow based on your SIP amount, time period and expected return. This can help in financial planning. But do note that it is only an estimate. Actual returns can vary.

For higher net returns, you can choose Direct Plans over Regular Plans as they have a lower expense ratio. However, don’t look at the cost alone. The fund’s strategy, risk and how well it fits your goal also matter.