Nippon India Mutual Fund: Top Schemes for 2024
Mutual funds are a popular investment option for individuals looking to diversify their portfolios and potentially earn higher returns. One such mutual fund is Nippon India Mutual Fund, which is one of the top asset management companies in India. With an AUM of ₹4,33,897 Crs and 58 schemes, Nippon India Mutual Fund offers investors a wide range of investment options.
Established in 1995, Nippon India Mutual Fund is registered with SEBI under registration number MF/022/95/1. The company was initially known as Reliance Mutual Fund, but changed its name to Nippon India Mutual Fund in 2019. It was the first mutual fund company to be listed on stock exchanges in 2017.
Nippon India Mutual Fund offers a variety of funds, including equity funds, debt funds, hybrid funds, and more. The company boasts a presence in 263 locations across India and has 243.16 lakhs investor accounts.
Some of the top-performing schemes from Nippon India Mutual Fund include Nippon India Small Cap, CPSE ETF, and Nippon India Liquid. These schemes have generated impressive returns over the past few years.
Investing in mutual funds can be a great way to grow your wealth and achieve your financial goals. However, it's important to thoroughly research and understand the risks associated with mutual fund investments. Consulting with a financial advisor can also be beneficial in making informed investment decisions.
Overall, Nippon India Mutual Fund is a reputable company with a strong track record. With a diverse range of schemes and a commitment to investor satisfaction, Nippon India Mutual Fund is worth considering for your investment needs.