Presently, this asset management company is one of the largest fund houses in India in terms of AUM.
Nippon India Mutual Fund is a joint venture between Nippon Life Insurance, a Japanese company, and India’s Reliance Capital. It was officially launched in 1995 as Reliance Mutual Fund, and changed to its current name in 2019. The AMC offers multiple mutual fund schemes which include hybrid schemes, equity schemes, ETFs, and a number of debt funds. Let’s take a close look at the top 5 schemes that Nippon India Mutual Fund offers.
Nippon India Small Cap Fund Direct Growth:
This fund has given 34.67% annualized returns in the past three years and 18.03% in the last 5 years. The Nippon India Small Cap Fund belongs to the Equity category of Nippon India Mutual Funds. The minimum amount required to invest in Nippon India Small Cap Fund investing lump sum is ₹5,000 and via SIP is ₹100.
Nippon India Gilt Securities Fund Direct Growth:
This fund has given 5.57% annualized returns in the past three years and 7.06% in the last 5 years. The Nippon India Gilt Securities Fund belongs to the Debt category of Nippon India Mutual Funds. The minimum amount required to invest lump sum in Nippon India Gilt Securities Fund is ₹5,000 and via SIP is ₹100.
Nippon India Large Cap Fund Direct Growth:
This fund has given 16.69% annualized returns in the past three years and 11.84% in the last 5 years. The Nippon India Large Cap Fund belongs to the Equity category of Nippon India Mutual Funds. The minimum amount required to invest lump sum in Nippon India Large Cap Fund is ₹100 and via SIP is ₹100.
Nippon India Tax Saver (ELSS) Fund Direct Growth:
This fund has given 16.18% annualized returns in the past three years and 5.51% in the last 5 years. The Nippon India Tax Saver (ELSS) Fund belongs to the Equity category of Nippon India Mutual Funds. The minimum amount required to invest lump sum in Nippon India Tax Saver (ELSS) Fund is ₹500 and via SIP is ₹500.
Nippon India Liquid Fund Direct Growth:
This fund has given 4.16% annualized returns in the past three years and 5.42% in the last 5 years. The Nippon India Liquid Fund belongs to the Debt category of Nippon India Mutual Funds. The minimum amount required to invest lump sum in Nippon India Liquid Fund is ₹100 and via SIP is ₹100.
Topics #Mutual Fund #Mutual Fund Schemes #Nippon India Mutual Fund Schemes