Nippon India Mutual Fund

One of India's oldest and largest asset management companies is Nippon India Mutual Fund, formerly known as Reliance Mutual Fund. The company established itself in 1995 and rebranded in 2019 after Nippon Life Insurance acquired a majority stake. SEBI has registered the AMC. It offers a range of mutual fund schemes to meet different investment goals.

As of March 31, 2025, Nippon India Mutual Fund manages approximately ₹5.61 lakh crore in assets. It offers around 69 active schemes, which include equity, debt, hybrid, index, and ETF categories. The fund house has a strong presence across India, with over 260 investor service centers and millions of investor accounts under management.

Some of its well-known funds include the Nippon India Small Cap Fund, Multi Cap Fund, Growth Fund, and Power & Infrastructure Fund. The Small Cap Fund alone manages over ₹63,000 crore and has delivered a 31% CAGR over the past five years. In 2025, the fund house also introduced new schemes, including the Income Plus Arbitrage Fund of Fund, and filed for BSE Sensex Next 30 Index-based funds.