Table of Contents
Nippon India Mutual Fund or (Formerly known as Reliance Mutual Funds) have been managing Equity Funds since 1995. The fund house involves highly experienced equity fund management & research team to manage your funds. Thus, the equity mutual funds by the AMC holds a lot of potential to offer higher returns to the investors.
As, equities are very risky, investors who can bear the equity risk and can invest for a long duration, can ideally invest in this fund.
From October 2019, Reliance Mutual Fund has been renamed as Nippon India Mutual Fund. Nippon Life has acquired majority (75%) stakes in Reliance Nippon Asset Management (RNAM). The company will continue to run its operations without any change in structure and management.
The equity funds offered by Nippon India allow one to plan their long-term investment goals. One can invest equity in these funds and plan goals that they wish to fulfill in the long-run.
The fund managers at Nippon AMC are experts in managing investments and come with a rich experience of many years. Also, the fund managers are backed by a team of risk management specialists who ensure that your investment is well protected.
The AMC offers Tax Saving Scheme named as Nippon tax saver Fund (ELSS)
. One can plan their Taxes under sec 80C with this scheme.
Investors can invest in Reliance equity funds with a minimum amount as low as INR 100 via a SIP.
Some of the top performers from this fund house are listed below. The top rated funds have been shortlisted by undertaking certain parameters like AUM, NAV, past performances, etc.
Talk to our investment specialist
Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2023 (%) Sharpe Ratio Nippon India Large Cap Fund Growth ₹81.2029
↑ 0.23 ₹35,700 -6.2 -8.6 11.6 17.8 17.9 18.2 1.06 Nippon India Japan Equity Fund Growth ₹18.9766
↑ 0.01 ₹268 4 4.2 10.4 5.6 5.9 9.3 0.24 Nippon India Power and Infra Fund Growth ₹310.185
↓ -3.19 ₹7,453 -10 -17.4 8.7 26.1 25.6 26.9 1.21 Nippon India Small Cap Fund Growth ₹151.665
↓ -2.60 ₹61,974 -11.6 -14.3 8.2 21.2 29.5 26.1 1.26 Nippon India Banking Fund Growth ₹540.202
↑ 6.86 ₹6,282 -5.4 -4.7 10.4 14.2 13.3 10.3 0.33 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 28 Jan 25 Note: Ratio's shown as on 31 Dec 24
(Erstwhile Reliance Top 200 Fund) The primary investment objective of the scheme is to seek to generate long term capital appreciation by investing in equity and equity related instruments of companies whose market capitalization is within the range of highest & lowest market capitalization of S&P BSE 200 Index. The secondary objective is to generate consistent returns by investing in debt and money market securities. Nippon India Large Cap Fund is a Equity - Large Cap fund was launched on 8 Aug 07. It is a fund with Moderately High risk and has given a Below is the key information for Nippon India Large Cap Fund Returns up to 1 year are on The primary investment objective of Reliance Japan Equity Fund is to provide long term capital appreciation to investors by primarily investing in equity and equity related securities of companies listed on the recognized stock exchanges of Japan and the secondary objective is to generate consistent returns by investing in debt and money market securities of India. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved. Nippon India Japan Equity Fund is a Equity - Global fund was launched on 26 Aug 14. It is a fund with High risk and has given a Below is the key information for Nippon India Japan Equity Fund Returns up to 1 year are on (Erstwhile Reliance Diversified Power Sector Fund) The primary investment objective of the scheme is to generate long term capital appreciation by investing predominantly in equity and equity related securities of companies in the power sector. Nippon India Power and Infra Fund is a Equity - Sectoral fund was launched on 8 May 04. It is a fund with High risk and has given a Below is the key information for Nippon India Power and Infra Fund Returns up to 1 year are on The primary investment objective of the scheme is to generate long term capital appreciation by investing predominantly in equity and equity related instruments of small cap companies and the secondary objective is to generate consistent returns by investing in debt and money market securities. Nippon India Small Cap Fund is a Equity - Small Cap fund was launched on 16 Sep 10. It is a fund with Moderately High risk and has given a Below is the key information for Nippon India Small Cap Fund Returns up to 1 year are on The primary investment objective of the Scheme is to seek to generate continuous returns by actively investing in equity and equity related securities of
companies in the Banking Sector and companies engaged in allied activities related to Banking Sector. The AMC will have the discretion to completely or
partially invest in any of the type of securities stated above with a view to maximize the returns or on defensive considerations. However, there can be no
assurance that the investment objective of the Scheme will be realized, as actual market movements may be at variance with anticipated trends. Nippon India Banking Fund is a Equity - Sectoral fund was launched on 26 May 03. It is a fund with High risk and has given a Below is the key information for Nippon India Banking Fund Returns up to 1 year are on 1. Nippon India Large Cap Fund
CAGR/Annualized
return of 12.7% since its launch. Ranked 20 in Large Cap
category. Return for 2024 was 18.2% , 2023 was 32.1% and 2022 was 11.3% . Nippon India Large Cap Fund
Growth Launch Date 8 Aug 07 NAV (28 Jan 25) ₹81.2029 ↑ 0.23 (0.28 %) Net Assets (Cr) ₹35,700 on 31 Dec 24 Category Equity - Large Cap AMC Nippon Life Asset Management Ltd. Rating ☆☆☆☆ Risk Moderately High Expense Ratio 1.7 Sharpe Ratio 1.06 Information Ratio 2.04 Alpha Ratio 5.13 Min Investment 5,000 Min SIP Investment 100 Exit Load 0-1 Years (1%),1 Years and above(NIL) Sub Cat. Large Cap Growth of 10,000 investment over the years.
Date Value 31 Dec 19 ₹10,000 31 Dec 20 ₹10,491 31 Dec 21 ₹13,886 31 Dec 22 ₹15,459 31 Dec 23 ₹20,429 31 Dec 24 ₹24,156 Returns for Nippon India Large Cap Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 28 Jan 25 Duration Returns 1 Month -6.3% 3 Month -6.2% 6 Month -8.6% 1 Year 11.6% 3 Year 17.8% 5 Year 17.9% 10 Year 15 Year Since launch 12.7% Historical performance (Yearly) on absolute basis
Year Returns 2023 18.2% 2022 32.1% 2021 11.3% 2020 32.4% 2019 4.9% 2018 7.3% 2017 -0.2% 2016 38.4% 2015 2.2% 2014 1.1% Fund Manager information for Nippon India Large Cap Fund
Name Since Tenure Sailesh Raj Bhan 8 Aug 07 17.41 Yr. Kinjal Desai 25 May 18 6.61 Yr. Bhavik Dave 19 Aug 24 0.37 Yr. Data below for Nippon India Large Cap Fund as on 31 Dec 24
Equity Sector Allocation
Sector Value Financial Services 35.13% Consumer Cyclical 10.92% Industrials 10.42% Technology 10.06% Consumer Defensive 9.4% Energy 6.03% Utility 5.03% Health Care 4.71% Basic Materials 4.53% Communication Services 1.33% Asset Allocation
Asset Class Value Cash 1.23% Equity 98.77% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 08 | HDFCBANK10% ₹3,402 Cr 18,940,367 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK6% ₹2,210 Cr 17,000,000 Reliance Industries Ltd (Energy)
Equity, Since 31 Aug 19 | RELIANCE5% ₹1,920 Cr 14,862,137
↑ 262,137 ITC Ltd (Consumer Defensive)
Equity, Since 31 Jan 16 | ITC5% ₹1,800 Cr 37,750,240 Infosys Ltd (Technology)
Equity, Since 30 Sep 07 | INFY4% ₹1,579 Cr 8,500,084 State Bank of India (Financial Services)
Equity, Since 31 Oct 10 | SBIN4% ₹1,443 Cr 17,200,644 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Sep 07 | LT4% ₹1,341 Cr 3,600,529 Axis Bank Ltd (Financial Services)
Equity, Since 31 Mar 15 | AXISBANK4% ₹1,250 Cr 11,000,080 Bajaj Finance Ltd (Financial Services)
Equity, Since 31 Dec 21 | BAJFINANCE3% ₹1,052 Cr 1,599,612
↑ 100,000 Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Jun 24 | TCS3% ₹982 Cr 2,300,000 2. Nippon India Japan Equity Fund
CAGR/Annualized
return of 5.5% since its launch. Ranked 9 in Global
category. Return for 2024 was 9.3% , 2023 was 18.7% and 2022 was -15.3% . Nippon India Japan Equity Fund
Growth Launch Date 26 Aug 14 NAV (28 Jan 25) ₹18.9766 ↑ 0.01 (0.06 %) Net Assets (Cr) ₹268 on 31 Dec 24 Category Equity - Global AMC Nippon Life Asset Management Ltd. Rating ☆☆☆☆ Risk High Expense Ratio 2.44 Sharpe Ratio 0.24 Information Ratio -1.24 Alpha Ratio -1.88 Min Investment 5,000 Min SIP Investment 100 Exit Load 0-1 Years (1%),1 Years and above(NIL) Sub Cat. Global Growth of 10,000 investment over the years.
Date Value 31 Dec 20 ₹11,431 31 Dec 21 ₹12,081 31 Dec 22 ₹10,229 31 Dec 23 ₹12,146 31 Dec 24 ₹13,277 Returns for Nippon India Japan Equity Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 28 Jan 25 Duration Returns 1 Month 0.1% 3 Month 4% 6 Month 4.2% 1 Year 10.4% 3 Year 5.6% 5 Year 5.9% 10 Year 15 Year Since launch 5.5% Historical performance (Yearly) on absolute basis
Year Returns 2023 9.3% 2022 18.7% 2021 -15.3% 2020 5.7% 2019 2018 2017 2016 2015 2014 Fund Manager information for Nippon India Japan Equity Fund
Name Since Tenure Kinjal Desai 25 May 18 6.61 Yr. Data below for Nippon India Japan Equity Fund as on 31 Dec 24
Equity Sector Allocation
Sector Value Industrials 27.6% Consumer Cyclical 15.36% Financial Services 12.58% Technology 12.22% Consumer Defensive 8.48% Communication Services 6.43% Real Estate 5.49% Basic Materials 2.86% Asset Allocation
Asset Class Value Cash 9% Equity 91% Top Securities Holdings / Portfolio
Name Holding Value Quantity Sumitomo Electric Industries Ltd (Consumer Cyclical)
Equity, Since 30 Jun 24 | 58024% ₹10 Cr 59,400 Mitsubishi UFJ Financial Group Inc (Financial Services)
Equity, Since 31 Aug 14 | 83064% ₹9 Cr 94,100 Recruit Holdings Co Ltd (Communication Services)
Equity, Since 30 Jun 23 | 60984% ₹9 Cr 16,000 Fast Retailing Co Ltd (Consumer Cyclical)
Equity, Since 31 Jul 15 | 99833% ₹9 Cr 3,100 Ajinomoto Co Inc (Consumer Defensive)
Equity, Since 30 Jun 23 | 28023% ₹9 Cr 24,900 Sony Group Corp (Technology)
Equity, Since 30 Jun 21 | SON13% ₹9 Cr 51,500 Hitachi Ltd (Industrials)
Equity, Since 31 Aug 14 | 65013% ₹9 Cr 41,200 BayCurrent Inc (Industrials)
Equity, Since 30 Jun 22 | 65323% ₹9 Cr 28,200 Mitsui & Co Ltd (Industrials)
Equity, Since 30 Jun 24 | 80313% ₹8 Cr 48,100 Komatsu Ltd (Industrials)
Equity, Since 30 Jun 17 | 63013% ₹8 Cr 37,200 3. Nippon India Power and Infra Fund
CAGR/Annualized
return of 18% since its launch. Ranked 13 in Sectoral
category. Return for 2024 was 26.9% , 2023 was 58% and 2022 was 10.9% . Nippon India Power and Infra Fund
Growth Launch Date 8 May 04 NAV (28 Jan 25) ₹310.185 ↓ -3.19 (-1.02 %) Net Assets (Cr) ₹7,453 on 31 Dec 24 Category Equity - Sectoral AMC Nippon Life Asset Management Ltd. Rating ☆☆☆☆ Risk High Expense Ratio 2.05 Sharpe Ratio 1.21 Information Ratio 1.64 Alpha Ratio 8.9 Min Investment 5,000 Min SIP Investment 100 Exit Load 0-1 Years (1%),1 Years and above(NIL) Sub Cat. Sectoral Growth of 10,000 investment over the years.
Date Value 31 Dec 19 ₹10,000 31 Dec 20 ₹11,081 31 Dec 21 ₹16,498 31 Dec 22 ₹18,298 31 Dec 23 ₹28,911 31 Dec 24 ₹36,696 Returns for Nippon India Power and Infra Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 28 Jan 25 Duration Returns 1 Month -10.7% 3 Month -10% 6 Month -17.4% 1 Year 8.7% 3 Year 26.1% 5 Year 25.6% 10 Year 15 Year Since launch 18% Historical performance (Yearly) on absolute basis
Year Returns 2023 26.9% 2022 58% 2021 10.9% 2020 48.9% 2019 10.8% 2018 -2.9% 2017 -21.1% 2016 61.7% 2015 0.1% 2014 0.3% Fund Manager information for Nippon India Power and Infra Fund
Name Since Tenure Kinjal Desai 25 May 18 6.61 Yr. Rahul Modi 19 Aug 24 0.37 Yr. Data below for Nippon India Power and Infra Fund as on 31 Dec 24
Equity Sector Allocation
Sector Value Industrials 46.35% Utility 13.69% Basic Materials 10.09% Communication Services 7.57% Energy 6.07% Real Estate 3.74% Consumer Cyclical 3.17% Technology 3% Health Care 2.26% Financial Services 1.54% Asset Allocation
Asset Class Value Cash 1.7% Equity 98.3% Top Securities Holdings / Portfolio
Name Holding Value Quantity Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Nov 07 | LT10% ₹745 Cr 2,000,000 NTPC Ltd (Utilities)
Equity, Since 31 May 09 | NTPC6% ₹473 Cr 13,000,000
↑ 500,000 Reliance Industries Ltd (Energy)
Equity, Since 30 Nov 18 | RELIANCE6% ₹459 Cr 3,550,000 Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Apr 18 | BHARTIARTL6% ₹423 Cr 2,600,000 UltraTech Cement Ltd (Basic Materials)
Equity, Since 31 Oct 19 | ULTRACEMCO4% ₹302 Cr 270,000 Kaynes Technology India Ltd (Industrials)
Equity, Since 30 Nov 22 | KAYNES4% ₹295 Cr 492,204
↓ -56,512 Siemens Ltd (Industrials)
Equity, Since 31 May 21 | SIEMENS4% ₹265 Cr 350,000 Carborundum Universal Ltd (Industrials)
Equity, Since 30 Sep 23 | CARBORUNIV3% ₹263 Cr 1,800,000 Cyient DLM Ltd (Technology)
Equity, Since 31 Jul 23 | CYIENTDLM3% ₹218 Cr 3,114,722 Container Corporation of India Ltd (Industrials)
Equity, Since 31 Aug 22 | CONCOR3% ₹207 Cr 2,500,000 4. Nippon India Small Cap Fund
CAGR/Annualized
return of 20.8% since its launch. Ranked 6 in Small Cap
category. Return for 2024 was 26.1% , 2023 was 48.9% and 2022 was 6.5% . Nippon India Small Cap Fund
Growth Launch Date 16 Sep 10 NAV (28 Jan 25) ₹151.665 ↓ -2.60 (-1.69 %) Net Assets (Cr) ₹61,974 on 31 Dec 24 Category Equity - Small Cap AMC Nippon Life Asset Management Ltd. Rating ☆☆☆☆ Risk Moderately High Expense Ratio 1.55 Sharpe Ratio 1.26 Information Ratio 0.61 Alpha Ratio 3.12 Min Investment 5,000 Min SIP Investment 100 Exit Load 0-1 Years (1%),1 Years and above(NIL) Sub Cat. Small Cap Growth of 10,000 investment over the years.
Date Value 31 Dec 19 ₹10,000 31 Dec 20 ₹12,924 31 Dec 21 ₹22,531 31 Dec 22 ₹24,005 31 Dec 23 ₹35,748 31 Dec 24 ₹45,068 Returns for Nippon India Small Cap Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 28 Jan 25 Duration Returns 1 Month -13.1% 3 Month -11.6% 6 Month -14.3% 1 Year 8.2% 3 Year 21.2% 5 Year 29.5% 10 Year 15 Year Since launch 20.8% Historical performance (Yearly) on absolute basis
Year Returns 2023 26.1% 2022 48.9% 2021 6.5% 2020 74.3% 2019 29.2% 2018 -2.5% 2017 -16.7% 2016 63% 2015 5.6% 2014 15.1% Fund Manager information for Nippon India Small Cap Fund
Name Since Tenure Samir Rachh 2 Jan 17 8 Yr. Kinjal Desai 25 May 18 6.61 Yr. Data below for Nippon India Small Cap Fund as on 31 Dec 24
Equity Sector Allocation
Sector Value Industrials 26.18% Financial Services 13.18% Basic Materials 12.06% Consumer Cyclical 11.88% Technology 9.71% Consumer Defensive 8.09% Health Care 7.17% Communication Services 1.9% Utility 1.79% Energy 1.7% Real Estate 0.59% Asset Allocation
Asset Class Value Cash 4.95% Equity 95.05% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 30 Apr 22 | HDFCBANK2% ₹1,194 Cr 6,650,000 Multi Commodity Exchange of India Ltd (Financial Services)
Equity, Since 28 Feb 21 | MCX2% ₹1,145 Cr 1,851,010 Kirloskar Brothers Ltd (Industrials)
Equity, Since 31 Oct 12 | KIRLOSBROS2% ₹1,020 Cr 4,472,130 Apar Industries Ltd (Industrials)
Equity, Since 31 Mar 17 | APARINDS1% ₹908 Cr 899,271 Tube Investments of India Ltd Ordinary Shares (Industrials)
Equity, Since 30 Apr 18 | TIINDIA1% ₹897 Cr 2,499,222 Dixon Technologies (India) Ltd (Technology)
Equity, Since 30 Nov 18 | DIXON1% ₹810 Cr 512,355 ELANTAS Beck India Ltd (Basic Materials)
Equity, Since 28 Feb 13 | 5001231% ₹794 Cr 614,625 State Bank of India (Financial Services)
Equity, Since 31 Oct 19 | SBIN1% ₹763 Cr 9,100,000 Tejas Networks Ltd (Technology)
Equity, Since 30 Jun 17 | TEJASNET1% ₹761 Cr 5,763,697 Karur Vysya Bank Ltd (Financial Services)
Equity, Since 28 Feb 17 | KARURVYSYA1% ₹752 Cr 31,784,062 5. Nippon India Banking Fund
CAGR/Annualized
return of 20.2% since its launch. Ranked 15 in Sectoral
category. Return for 2024 was 10.3% , 2023 was 24.2% and 2022 was 20.7% . Nippon India Banking Fund
Growth Launch Date 26 May 03 NAV (28 Jan 25) ₹540.202 ↑ 6.86 (1.29 %) Net Assets (Cr) ₹6,282 on 31 Dec 24 Category Equity - Sectoral AMC Nippon Life Asset Management Ltd. Rating ☆☆☆ Risk High Expense Ratio 1.94 Sharpe Ratio 0.33 Information Ratio 1.05 Alpha Ratio 0.34 Min Investment 5,000 Min SIP Investment 100 Exit Load 0-1 Years (1%),1 Years and above(NIL) Sub Cat. Sectoral Growth of 10,000 investment over the years.
Date Value 31 Dec 19 ₹10,000 31 Dec 20 ₹8,943 31 Dec 21 ₹11,602 31 Dec 22 ₹14,003 31 Dec 23 ₹17,386 31 Dec 24 ₹19,186 Returns for Nippon India Banking Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 28 Jan 25 Duration Returns 1 Month -4.5% 3 Month -5.4% 6 Month -4.7% 1 Year 10.4% 3 Year 14.2% 5 Year 13.3% 10 Year 15 Year Since launch 20.2% Historical performance (Yearly) on absolute basis
Year Returns 2023 10.3% 2022 24.2% 2021 20.7% 2020 29.7% 2019 -10.6% 2018 10.7% 2017 -1.2% 2016 44.1% 2015 11.5% 2014 -6% Fund Manager information for Nippon India Banking Fund
Name Since Tenure Vinay Sharma 9 Apr 18 6.73 Yr. Kinjal Desai 25 May 18 6.61 Yr. Bhavik Dave 18 Jun 21 3.54 Yr. Data below for Nippon India Banking Fund as on 31 Dec 24
Equity Sector Allocation
Sector Value Financial Services 95.06% Technology 2.99% Asset Allocation
Asset Class Value Cash 1.95% Equity 98.05% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 08 | HDFCBANK22% ₹1,386 Cr 7,714,660 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK16% ₹1,029 Cr 7,915,358 Axis Bank Ltd (Financial Services)
Equity, Since 30 Jun 17 | AXISBANK8% ₹516 Cr 4,540,216 State Bank of India (Financial Services)
Equity, Since 31 Mar 14 | SBIN5% ₹302 Cr 3,594,809 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Jul 23 | KOTAKBANK5% ₹291 Cr 1,650,000 IndusInd Bank Ltd (Financial Services)
Equity, Since 31 May 19 | INDUSINDBK4% ₹242 Cr 2,427,608 The Federal Bank Ltd (Financial Services)
Equity, Since 30 Nov 04 | FEDERALBNK4% ₹233 Cr 11,065,584
↓ -878,126 SBI Life Insurance Co Ltd (Financial Services)
Equity, Since 30 Nov 20 | SBILIFE3% ₹187 Cr 1,300,170 SBI Cards and Payment Services Ltd Ordinary Shares (Financial Services)
Equity, Since 31 Jul 20 | SBICARD3% ₹177 Cr 2,520,827 Cholamandalam Financial Holdings Ltd (Financial Services)
Equity, Since 30 Apr 19 | CHOLAHLDNG3% ₹162 Cr 995,599
Open Free Investment Account for Lifetime at Fincash.com.
Complete your Registration and KYC Process
Upload Documents (PAN, Aadhaar, etc.). And, You are Ready to Invest!