NIPPON INDIA MUTUAL FUND
Nippon India Mutual Fund is one of India’s top 5 Asset Management Companies. Established in 1996 as Reliance Mutual Fund, it was a joint venture between India’s Reliance Capital and Japan’s Nippon Life Insurance company. In October 2019, Reliance’s stake was bought by Nippon, and the fund house renamed Nippon India Mutual Fund.
- India’s first mutual fund company to go public. It is traded on both BSE and NSE
- The fund house has over Rs. 2 lakh crore in assets under management (as on July 31, 2019)
- Manish Gunwani, who leads the equity investments, has over 21 years of experience