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Nippon India Mutual Fund

Nippon India Mutual Fund

Nippon India Mutual Fund (NIMF) is one of India's premier mutual fund providers, boasting an Average Assets Under Management (AAUM) of ?4,83,791 crores as of June 2024, along with 2.62 crore folios as of June 30, 2024. Renowned for its rapid growth, NIMF offers a diverse range of investment products tailored to meet varying investor needs, with a presence in 264 locations nationwide as of September 30, 2024.

Established as a trust under the Indian Trusts Act, 1882, NIMF is sponsored by Nippon Life Insurance Company and is overseen by Nippon Life India Trustee Ltd. The fund was registered with the Securities & Exchange Board of India (SEBI) on June 30, 1995, originally under the name Reliance Mutual Fund, which was rebranded to Nippon India Mutual Fund on September 28, 2019.

NIMF's core objectives include conducting mutual fund activities as legally permitted, formulating various collective investment schemes for both domestic and international investors, and deploying raised funds to provide reasonable returns while ensuring liquidity for unit holders.

Step by Step Guide to invest in

Nippon India Mutual Fund

How to Invest in Nippon India Mutual Funds online with Miles Wealth?

Investing in Nippon India Mutual Funds through Miles Wealth is a simple, quick, and secure process, designed to give you full control over your investment decisions. Whether you prefer to explore curated fund recommendations tailored to your risk profile and financial goals, or select funds from a wide range of options, the process is straightforward.

Here's a step-by-step guide to get started:

Step 1: Download the Miles Wealth App

Start by downloading the Miles Wealth app. If you're an existing user, simply log in. New users can complete a quick and seamless registration process to create their account.

Step 2: Complete Your KYC

KYC (Know Your Customer) is a one-time, mandatory requirement to start investing. It is a fast, easy and online process that typically takes around 5 minutes. Keep your PAN card, Aadhaar card, bank account details, and Digilocker credentials handy to ensure smooth completion.

Step 3: Set Up Nominee Information

Add nominee details and allocate percentages. If you are assigning just one nominee, allocate 100%. If there are multiple nominees, distribute the percentage allocation accordingly.

Step 4: Browse or Search for Mutual Funds

You can either search for a specific mutual fund or explore our personalized collections, which are curated based on your risk tolerance and financial objectives. If you prefer, you can modify the recommendations and invest in any fund or AMC of your choice.

Step 5: Choose Investment Type (SIP or One-Time)

Decide whether to invest through a Systematic Investment Plan (SIP) or as a one-time investment. Enter your desired investment amount. For SIPs, choose the date for monthly debits from your bank account. To make the process even easier, we recommend setting up an e-mandate for automatic monthly investments.

Step 6: Review and Confirm Your Investment

Before finalizing, review your investment details, then confirm the order and make the payment. That's it! You have successfully invested.

Step 7: Track Your Portfolio

Once your investment is confirmed, it will reflect in your Miles Wealth account within 3-4 working days. You can track the performance of your portfolio and manage your investments directly from the app.

Need Assistance?

If you encounter any issues or have questions, our support team is ready to help. Simply drop us an email at support@mileswealth.in, and we'll get back to you promptly.

Why Choose Miles Wealth?
- Personalised Investing: We suggest funds that match your financial goals and risk level, making investing easy and personal.
- No Expertise Needed: You don't need prior knowledge - our platform simplifies everything for you.
- No More Guesswork: Stop relying on social media or friends' advice. Miles Wealth gives you clear, data-driven recommendations you can trust. We are AMFI licensed.
- Wealth Creation: Our goal is simple - help you build lasting wealth with smart, personalized investments.
- Regular Funds: We are AMFI Registered Mutual Fund Distributor, and we offer regular funds that align with your risk tolerance to help you achieve the best possible portfolio returns.

P.S. We earn only 0.5%-0.75% annually on the AUM we manage - so it's not expensive.

Your journey to wealth creation is just a few clicks away. Start investing with confidence today!

Miles Wealth - Personalised Mutual Funds Promo

Best Fund Managers at

Nippon India Mutual Fund

Fund Manager

Aishwarya Deepak Agarwal
Amar Kalkundrikar
Amit Tripathi
Anand Devendra Gupta
Ashutosh Bhargava
Bhavik Dave
Dhrumil Shah
Himanshu Mange
Kinjal Desai
Pranay Sinha
Rahul Modi
Rishit Parikh
Ritesh Rathod
Rohit Hashmukh Shah
Meenakshi Dawar
Rupesh Patel
Sailesh Raj Bhan
Samir Rachh
Sanjay Parekh
Siddharth Deb
Sushil Budhia
Vikash Agarwal
Vikram Dhawan
Vinay Sharma
Vivek Sharma

Years with AMC

3.3
4
5
6.1
6.4
3.3
3.2
0.8
6.4
3.5
0.1
0.1
0.1
0.5
6.4
3.3
19.6
7.8
5
11.9
4.7
0.1
4.2
6.5
11

Too many options leads to confusion. 

Avoid confusion, Try Miles Wealth!

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