Nippon India Mutual Fund (NIMF) is one of India's leading mutual funds, with Average Assets Under Management (AAUM) of Rs 5,69,954 Crores (Oct 2024 to Dec 2024 QAAUM) and 287.77 Lakhs folios (as on 30th Sep 2024). NIMF which is one of the fastest growing mutual funds in India, 30th June 2025 offers investors a well-rounded portfolio of products to meet varying investor requirements and has presence in 266 locations (as of 30th June 2025) across the country. NIMF constantly endeavours to launch innovative products and customer service initiatives to increase value to investors. Nippon India Mutual Fund (NIMF) has been established as a trust under the Indian Trusts Act, 1882. Nippon Life Insurance Company(NLI) is the Sponsor and Nippon Life India Trustee Ltd (NLITL) is the Trustee. Nippon India Mutual Fund has been registered with the Securities & Exchange Board of India (SEBI) vide registration number MF/022/95/1 dated June 30, 1995. Nippon India Mutual Fund (NIMF) was earlier known as Reliance Mutual Fund. The name of Mutual Fund was changed from Reliance Mutual Fund to Nippon India Mutual Fund effective September 28, 2019 . NIMF was formed to launch various schemes under which units are issued to the public with a view to contribute to the capital market and to provide investors the opportunities to make investments in diversified securities.
Management
Mr. Vivek Sharma is a B.E (Electronics) and PGDM (Finance).Vivek Sharma, Fund Manager Fixed Income has total 9 years experience with Nippon India Mutual Fund Assisting in actively managing the duration and asset-allocation of various debt portfolios such as Income Fund, Gilt Fund, Dynamic Bond Fund, Ultra Short Term Fund, FMPs, Credit Fund, Liquid Fund & Liquid Plus Funds. Vivek Sharma joined NAM India in 2006 as Management Trainee & has been working with Fixed Income Team since 2007.
View MoreHere is the list of funds managed by Vivek Sharma
Scheme Name | Category | NAV(Rs) | AUM(Rs Cr) | 1Y(%) | 5Y(%) |
---|---|---|---|---|---|
Debt - Ultra Short Duration | 4,512.40 | 11,053 | 7.90 | 43.41 | |
Debt - Corporate Bond | 63.92 | 10,049 | 8.57 | 40.98 | |
Debt - Low Duration | 4,035.21 | 10,032 | 8.22 | 37.57 | |
Debt - Short Duration | 58.29 | 8,851 | 8.84 | 40.10 | |
Debt - Overnight | 140.83 | 7,193 | 6.16 | 29.48 | |
Debt - Banking & PSU | 21.82 | 5,548 | 7.97 | 36.67 | |
Debt - Dynamic Bond | 40.32 | 4,340 | 7.67 | 35.82 | |
Others - Index Funds/ETFs | 12.42 | 3,341 | 8.08 | NA | |
Others - Index Funds/ETFs | 12.70 | 854 | 7.73 | NA | |
Debt - Medium to Long Duration | 100.26 | 423 | 5.69 | 35.17 |