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Nippon India Mutual Fund NAV And Scheme Details

Introduction 

Kiran is a working professional. She earns quite well. She has seen her colleague Priyanka talk about investing in mutual funds. Kiran having zero ideas about it, approached Priyanka. Priyanka suggested she invest in the nippon india mutual fund. Kiran was still confused, but Priyanka being helpful, promised to guide her.

Well, Kiran is lucky to have found someone to guide her where to invest.

Investment is a very delicate task, and if not done under expert guidance, you can lose all your money.

Warren Buffet once quoted that if you don’t find a way to make money while you sleep, you’ll work until you die. Indeed, with increasing rates of inflation, it is important to secure your future financially. After a certain age, it feels desirable to just sit and relax life. 

Hence, it is important to start doing a mutual fund investment.

What is Nippon India Mutual Fund Company?

Nippon India works as an investment management firm. The company provides many services about asset management like portfolio management, mutual fund investment, financial planning, and advisory services.

It was formerly known as Reliance mutual fund, and it is the country’s one of the leading asset management companies. It started in June 1995 as a joint venture between Reliance Capital (India) and Nippon Life Insurance company (Japan). In October 2019, Nippon bought off Reliance’s stake and renamed the fund house as a nippon india mutual fund.

In current times, they manage assets worth Rs. 2,07,288 crores. Of all the types of mutual funds schemes, they include 52 equity, 266 debt, and 40 balanced funds.

Top-performing Nippon India Mutual Fund

There are several types of mutual funds under Nippon, lets have a look at the top 10 best mutual funds to invest in:

1. Nippon India Pharma Fund 

The main objective of this investment is to generate consistent returns. It is done by investing in equity and equity-based or fixed income securities of pharma and other similar companies.

Compounded annual growth rate (CAGR) percent for this fund for 1 year, 3 years, and 5 years are 34.96%, 24.32%, and 15.14%, respectively. This fund comes under the equity category. 

The minimum investment amount for Nippon India Pharma Fund is Rs. 5000 lump sum, and for a systematic investment plan (SIP), it is Rs. 100. Currently around Rs. 5210 Crores of assets are under the management of this fund.

This is one of the best mutual funds to invest in.

2. Nippon India Banking and PSU Fund

The main objective of this investment is to generate income over the short to medium term. This will be done through investments in debt and other money market instruments. It predominantly consists of securites issued by banks, public sector undertakings (PSU), and public financial institutions. 

Compounded annual growth rate (CAGR) percent for this fund for 1 year, 3 years, and 5 years are 4.28%, 9.05%, and 7.67%, respectively. This fund comes under the debt category. 

The minimum investment amount for Nippon India Banking and PSU Fund is Rs. 5000 lump sum, and for a systematic investment plan (SIP), it is Rs. 100. Currently around Rs. 5,659 Crores of assets are under the management of this fund.

3. Nippon India Short Term Fund

The main objective of this investment is to generate stable returns with a short-term investment. It is done by investing in debt and money market instruments.

Compounded annual growth rate (CAGR) percent for this fund for 1 year, 3 years, and 5 years are 4.97%, 8.24%, and 7.00%, respectively. This fund comes under the debt category. 

The minimum investment amount for Nippon India Short Term Fund is Rs. 100 lump sum, and for a systematic investment plan (SIP), it is Rs. 100. Currently around Rs. 10,160 Crores of assets are under the management of this fund.

This is one of the best mutual funds to invest in.

4. Nippon India Arbitage Fund

The main objective of this investment is to generate income by taking benefit of the arbitrage opportunities. These opportunities exist between the cash and derivative market. Investments in debt securities and money market instruments are done.

Compounded annual growth rate (CAGR) percent for this fund for 1 year, 3 years, and 5 years are 3.71%, 4.83%, and 5.42%, respectively. This fund comes under the hybrid category. 

The minimum investment amount for Nippon India Short Term Fund is Rs. 5000 lump sum, and for a systematic investment plan (SIP), it is Rs. 100. Currently around Rs. 12,136 Crores of assets are under the management of this fund.

5. Nippon India Small Cap Fund

nippon india small cap fund’s main objective is to generate long-term capital by investing mainly in equity or equity-based instruments of small-cap companies. Another objective of this investment is to generate consistent returns by investing in debt and money market securities.

Compounded annual growth rate (CAGR) percent for this fund for 1 year, 3 years, and 5 years are 95.16%, 27.56%, and 20.22%, respectively. This fund comes under the equity category. 

The minimum investment amount for a nippon india small cap fund is Rs. 5000 lump sum, and for a systematic investment plan (SIP), it is Rs. 100. Currently around Rs. 17,197 Crores of assets are under the management of this fund.

This is one of the best mutual funds to invest in.

Conclusion 

Nippon India Mutual Funds have some of the best performing mutual funds schemes. With minimal investment, you can achieve greater returns. Start your investment journey today by meeting up with your financial advisor and choosing a mutual funds scheme that is best for you.

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