1. What are Nippon mutual funds?
One of the fastest growing mutual funds in India, Nippon Mutual Fund was incorporated in 1995 and has been performing strongly since with its presence in over 160 cities in India. The fund house deals in 5 main fund classes, namely, Equity Funds, Debt Funds, Retirement Funds, Gold Funds and Liquid Funds. There are over 200 schemes available under NMF and over 800 scheme options for investors to choose from. To offer its investors an all-round product portfolio, NMF offers innovative products that meet the investing needs of the investors.
It is one of the top mutual funds in India, founded as a trust under the Indian Trusts Act, 1882, where Nippon Capital Limited (RCL) was its Sponsor/Settler and Nippon Capital Trustee Co. Limited (RCTC) its Trustee.
2. How to invest
Whether you are a seasoned investor or a novice in this area, investing in Nippon Mutual Funds is made very simple with ClearTax.. You can visit ClearTax to pick from a diverse list of handpicked funds that are designed keeping in mind the risk profile and investment objective of investors. You can be assured of a hassle-free quick process of selecting any product from your favorite fund house – Nippon Mutual Fund, with Cleartax. This requires just one KYC formality that will take not more than 7 minutes of your time.ClearTax makes simple investing for you.
The process is very simple on ClearTax.
Step 1: Select the fund(s) and the amount you want to invest every month
Step 2: Provide your details
Step 3: Make payment and you are done
3. Process and Documents required to invest in Nippon Mutual Funds via ClearTax
Money laundering and corruption can cripple the economy and the stability of our country. Here, Know Your Customer (KYC) and In-Person Verification (IPV) can help a financial institution significantly. However, ClearTax doesn’t believe in inconveniencing their investors. So they have enabled a way to do KYC in a quick and simple way. What’s more, if investing via ClearTax Save, investor needs to do it only once for their first investment.
KYC is necessary for all fund houses. If you are investing through ClearTax, you need to do your KYC just once. The same KYC will be used for all your future investments.
KYC verification through ClearTax is a very simple process. You can verify by:
a. Using OTP sent to your Aadhaar-registered mobile number
b. By uploading photos/scans of the required documents
ID Proofs: You can submit Xerox copy of PAN Card, Passport, Aadhaar Card, Voter ID or Driving License. Other central government approved documents like NREGA job card are also accepted.
Residential proofs: You can submit the same ID proof (except PAN), if the address on it is your current residential address. Rental/lease agreement, most utility bill and ration card can also serve the purpose. If your permanent address and correspondence address are not the same, then submit proof for both.
4. List of top 5 NMF
| Top 5 NMF |
1yr Return |
3yr Return |
5yr Return |
10yr Return |
| Nippon Annual Interval Series I Inst |
0.64 |
7.47 |
7.89 |
|
| Nippon Annual Interval Series I Retail |
6.64 |
7.47 |
7.89 |
7.97 |
| Nippon Arbitrage Fund |
6.24 |
6.26 |
7.38 |
|
| Nippon Banking & PSU Debt Fund |
4.93 |
7.52 |
– |
– |
| Nippon Banking Fund |
8.64 |
13.67 |
17.09 |
16.64 |
5. Top 5 NMF EQUITY Funds
NMF Equity Funds are medium to high risk funds invested in stocks and equities that offer investors dynamic returns on their investments. The schemes are designed for long term capital appreciation and are curated to meet investment needs based on individual risk appetite.
|
Equity Fund Name
|
Risk |
5-yr Return |
Objective
|
| Nippon Vision Fund |
Moderately High |
14.1 |
The objective of the scheme is to offer long term growth of capital to investors by investing in equity and related securities. The investment is research based though there is no guarantee of the objective being realized given the market movements. |
| Nippon Large Cap Fund |
Moderately High |
16.8 |
The scheme aims to generate long term capital appreciation by primarily investing into equity and equity related instruments of large cap companies. It also seeks to achieve consistent returns by investing in REITs and InvITs and debt and money market securities, . Again, there is no guarantee that the investment objective of the Scheme will be realized. |
| Nippon Quant Fund |
High |
11.27 |
The aim of the scheme is to generate capital appreciation through investments in equity and equity related instruments. The Scheme invests in an active portfolio of stocks that are picked based on a Quant model. There is no guarantee that the investment objective of the scheme will be achieved. |
| Nippon Balanced Advantage Fund |
Moderately High |
13.42 |
To capitalize on the potential upside in equity markets while also limiting the downside by means of dynamically managing the portfolio is the aim of this scheme. It invests in equity & equity related instruments and incorporates active use of debt, money market instruments and derivatives. There is no guarantee that the investment objective of the scheme will be achieved. |
| Nippon Index Fund – Nifty Plan |
Moderately High |
11.59 |
The scheme seeks to mirror the composition of the Nifty, with a view to achieve returns that correspond with the performance of the Nifty, subject to tracking errors. |
6. Top 5 NMF TAX-SAVING EQUITY Funds
The NMF Tax Saving Funds are also known as Equity LInked Saving Schemes that help investors save taxes under Section 88 of the Income Tax Act.
|
Tax Saving Fund Name
|
Risk |
5-yr Return |
Objective
|
| Nippon Tax Saver (ELSS) Fund |
Moderately High |
18.55 |
The main purpose of the scheme is to offer long-term capital appreciation to its investors from a portfolio that is invested heavily in equity and equity related instruments. There is no assurance, however,that the scheme’s investment objective shall be achieved. |
7. Top 5 NMF DEBT Funds
The NMF Debt Funds are designed to function as tax saving instruments that offer investors medium returns with much more safety and reliability in comparison to equity funds.
|
Debt Fund Name
|
Risk |
5-yr Return |
Objective
|
| Nippon Floating Rate Fund |
Moderately Low |
7.6 |
The scheme seeks to generate regular income by investmenting heavily in floating rate and money market instruments along with fixed rate debt instruments. |
| Nippon Low Duration Fund |
Moderately Low |
8.13 |
The scheme generates high returns that are consistent with moderate levels of risk and liquidity through investments in debt securities and money market securities. |
| Nippon Prime Debt Fund |
Moderate |
8.05 |
This scheme investments primarily in debt instruments of various maturities with a focus on maximizing income while also maintaining the best balance of yield, safety and liquidity. |
| Nippon Short Term Fund |
Moderately Low |
7.62 |
The scheme offers stable returns to investors with an investment horizon that is short term, investing in debt and money market instruments. |
| Nippon Credit Risk Fund |
Moderate |
8.31 |
This scheme seeks to generate high returns with moderate levels of risk. This income generated may be complemented by the capital appreciation of the portfolio, where the investments are chiefly made in Debt & Money Market Instruments. |
8. Top 5 NMF HYBRID Funds
The NMF Hybrid Funds are aimed at delivering risk adjusted returns by means of investing in a combination of fixed income instruments and equities. It optimizes the advantage of pairing the growth potential of equities with the relative stability that is offered by income investments.
| Hybrid Fund Name |
Risk |
5-yr Return |
Objective
|
| Nippon Equity Hybrid Fund |
Moderately High |
16.28 |
The prime focus of this plan is to offer long-term capital appreciation to its investors from a portfolio that invests mainly in equity and equity related instruments. There is no assurance, however, that the scheme’s investment objective will be achieved. |
| Nippon Arbitrage Fund |
Moderately Low |
7.38 |
This scheme generates income by taking advantage of the arbitrage opportunities that can be found between cash and derivative market and also within the derivative segment alongside investments in debt securities & money market instruments. |
| Nippon Hybrid Bond Fund |
Moderately High |
8.89 |
The scheme seeks to generate a regular stream of income to offer regular dividend payments to unitholders. The secondary objective of the scheme is to deliver growth in capital. |
| Nippon Retirement Fund – Income Generation Scheme |
Moderately High |
5.81 (3yr) |
The investment objective of this scheme is to achieve capital appreciation and a regular stream of income for the investors. This is done in line with the retirement goals of the investors by investing in a mix of securities that include equity, equity related instruments and fixed income securities. Again, there is no guarantee that the investment objective of the Scheme will be successfully achieved. |
9. About NMF
Nippon Mutual Fund (NMF) is one of India’s top mutual funds. It falls under The Nippon Anil Dhirubhai Ambani (ADA) group, which was founded as Trust under the Indian Trusts Act, 1882. It has Nippon Capital Limited (RCL) as its Sponsor/Settler and Nippon Capital Trustee Co. Limited (RCTC) as its Trustee. Nippon Mutual Fund registered itself with the SEBI (Securities & Exchange Board of India) on June 30, 1995, with its registration number as MF/022/95/1. Nippon Capital Mutual Fund was renamed to Nippon Mutual Fund w.e.f March 11, 2004, vide, Securities & Exchange Board of India’s letter no. IMD/PSP/4958/2004, dated March 11, 2004.
The NMF was formed to launch a number of schemes under which the units would be issued to its investors to contribute to the capital market and allow investors to invest in diversified securities. The schemes are managed by Nippon Capital Asset Management Limited., a subsidiary of Nippon Capital Limited
Nippon Capital Limited is the Sponsor while the Trustee is Nippon Capital Trustee Co. Limited. The Sponsor, the Trustee and the Investment Manager are incorporated under the Companies Act 1956. Nippon Mutual Fund which was formerly known as Nippon Capital Mutual Fund, is a Trust under Indian Trust Act, 1882 and is registered with SEBI, the registration number being MF/022/95/1 dated June 30, 1995.
There are many benefits of investing in Nippon Mutual Funds:
- The schemes offered under the NMF offer investors benefits on a wide selection of investment instruments
- The Nippon fund house has over 20 years experience in mutual funds
- The distribution network of NMF is extensive and spans across the country
- The customer service of NMF one of the best in the industry
- Nippon Mutual Funds are considered to be the pioneers in the mutual fund industry
10. Top Fund Managers
NMF has a solid mix of expertise and experience in their fund managers who have the acumen to identify opportunities and the dexterity to maneuver portfolios to achieve optimal returns.
a. Top Fund Managers at NMF: Equity Funds
i. Mr. Ashwani Kumar
Mr. Kumar 18+ years of experience in the field of financial services and has been a Fund Manager since 2003. He is the Senior Fund Manager in Equity Investments.
ii. Mr. Sailesh Raj Bha
Mr. Bha comes with 19 years of experience in the field of equity research and fund management. He has been a part of NMF for over ten years now, managing its diversified equity schemes. He is also the Deputy CIO at NMF.
iii. Mr. Samir Rachh
Mr. Rachh brings to NMF over 25 years of solid experience of financial knowledge. Specializing in mid and small cap stocks, he has been with NMF for the last eight years. He is a Fund Manager for Equity Investments.
iv. Mr. Sanjay Parekh
A senior Fund Manager in Equity Investments, Mr. Parekh is a financial expert with over 18 years of experience in equity research and fund management.
v. Ms. Meenakshi Dawar
Ms. Dawar is a Fund Manager with NMF and has been instrumental in the launch of various products in some off the other top fund houses in the country
b. Top Fund Managers at NMF: Debt Funds
i. Mr. Amit Tripathi
With over 20 years of experience in the Financial Services, Mr. Tripathi has been associated with the NMF for 14 years. He is the CIO of Fixed Income.ii. Ms. Anju Chhajer
Ms. Chhajer, a Chartered Accountant, has over 16 years of experience in the financial services industry. She joined NMF in 2007 and is a Senior Fund Manager.iii. Mr. Prashant R. Pimple
Mr. Rimple has had over 14 years of experience in the area of debt management, with nearly ten years with Nippon managing the Fixed Income portfolios. He serves as the Senior Fund Manager in Fixed Income Investments.iv. Mr. Vivek Sharma
Mr. Sharma has been with NMF for over 9 years and been a part of the Fixed Income team since 2007. He is presently a Fund Manager.
11. Best Nippon mutual fund schemes
