Which is best mutual fund in reliance?
Best Reliance Mutual Fund Schemes in Equity Category
| Fund Name | 3 Yr Return | 5 Yr Return |
|---|---|---|
| Nippon India Small Cap Fund (G) Average RISK | 27.64% | 24.12% |
| Nippon India Large Cap Fund (G) Average RISK | 15.5% | 15.94% |
| Nippon India Banking & Financial Services Fund (G) Moderate Low RISK | 11.91% | 13.56% |
Who is owner Nippon MF?
The company is led by its CEO Sundeep Sikka. Nippon Life India Asset Management Limited works as an investment management firm. The Company provides services like portfolio management, mutual fund investment, financial planning, and advisory services to individuals, institutions, trusts, and private funds.
What is the new name of Reliance Mutual Fund?
Nippon India Mutual Fund
The name of Mutual Fund was changed from Reliance Mutual Fund to Nippon India Mutual Fund effective September 28, 2019 .
Which Nippon mutual fund is best?
Top 10 Nippon Mutual Funds
| Fund Name | Category | Risk |
|---|---|---|
| Nippon India Tax Saver (ELSS) Fund | Equity | Very High |
| Nippon India Liquid Fund | Debt | Low to Moderate |
| Nippon India Equity Hybrid Fund | Hybrid | Very High |
| Nippon India Low Duration Fund | Debt | Low to Moderate |
Is Nippon mutual fund safe?
Nippon India Mutual Fund (Formerly Known as Reliance Mutual Fund) is one of the fastest growing fund houses in India. The money you invest is being handled by a strong In-House fund management team. They ensures that your wealth is safe and secure.
Is Nippon India good?
Nippon India Small Cap Fund is a Equity – Small Cap fund was launched on 16 Sep 10. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 21% since its launch….Returns for Nippon India Small Cap Fund.
| Duration | Returns |
|---|---|
| 3 Month | 11.2% |
| 6 Month | 29.6% |
| 1 Year | 88.6% |
| 3 Year | 28.6% |
Is Nippon India safe?
Nippon India Small Cap Fund It is a fund with Moderately High risk and has given a CAGR/Annualized return of 21% since its launch. Ranked 6 in Small Cap category. Return for 2020 was 29.2% , 2019 was -2.5% and 2018 was -16.7% .
What is the new name of Nippon?
In English, the modern official title of the country is simply “Japan”, one of the few countries to have no “long form” name. The official Japanese-language name is Nippon-koku or Nihon-koku (日本国), literally “State of Japan”.
Is Reliance and Nippon same?
Reliance Mutual Fund has been renamed as Nippon India Mutual Fund. The new name came after Nippon Life Insurance of Japan completed the acquisition of 75 per cent stake in Reliance Nippon Life Asset Management from Reliance Capital.
What is equity MF?
Equity funds are those mutual funds that primarily invest in stocks. You invest your money in the fund via SIP or lumpsum which then invests it in various equity stocks on your behalf. The consequent gains or losses accrued in the portfolio affect your fund’s Net Asset Value (NAV).