Nippon India Mutual Fund is managed by Nippon Life India Asset Management Limited (NAM India), one of Indiaβs largest AMCs. Formerly known as Reliance Mutual Fund, the company rebranded after Japan-based Nippon Life Insurance acquired a majority stake.
Nippon India Mutual Fund (NIMF) is one of Indiaβs largest mutual fund houses, managed by Nippon Life India Asset Management Ltd. It was formerly known as Reliance Mutual Fund and is now part of Nippon Life Insurance, Japan. It offers a broad range of investment options across equity, debt, hybrid, and international funds.
Yes. Nippon India Mutual Fund is registered with the Securities and Exchange Board of India (SEBI) and operates in full compliance with SEBI regulations.
NIMF offers:
Equity Funds
Debt Funds
Hybrid Funds
International Funds
Index Funds
ETFs (Exchange-Traded Funds)
Liquid & Overnight Funds
ELSS (Tax-saving Fund)
You can invest through:
Nippon India Mutual Fund mobile app
Banks and mutual fund distributors
CAMS/KFinTech platforms
Direct plans for lower expense ratios
Lump Sum: βΉ5,000 (in most schemes)
SIP (Systematic Investment Plan): Starts from βΉ100/month for select funds
Yes. SIP is available across almost all schemes, with many allowing low minimum investment amounts starting at βΉ100 or βΉ500/month.
Yes. Open-ended schemes allow redemption anytime. Redemption proceeds are usually credited within 1β3 working days, depending on the scheme type.
Yes. Capital gains are taxed as per fund type:
Equity Funds:
STCG (<1 year): 15%
LTCG (> βΉ1 lakh/year): 10%
Debt Funds (as per 2023 rules):
Taxed at your income slab
Yes. Nippon India Tax Saver (ELSS) Fund qualifies for Section 80C deductions up to βΉ1.5 lakh per financial year and has a 3-year lock-in period.
Yes. You must complete KYC (Know Your Customer), which includes PAN, ID proof, and address verification. e-KYC is available online.
Matrixx FinCorp is a trusted mutual fund distributor and financial advisory firm specializing in investment planning, tax-saving strategies, and portfolio management. It partners with leading AMCs like ABSLMF to offer handpicked schemes for clients.
Mutual Fund Investments (SIP/Lump Sum)
Tax-saving (ELSS) Planning
Retirement Planning
Childrenβs Education Funds
Portfolio Reviews & Risk Analysis
Customer Support & Documentation Assistance
Expert guidance by experienced professionals
Tailored investment suggestions
One-stop support for KYC, SIP, withdrawals, and tracking
No hidden charges β commission-based AMC model
You can reach us via:
π Phone: +91 9304530421
π§ Email: financefuture@matrixxfincorp.com
π Website: matrixxfincorp.com
π’ Office Location: Ramdas Bunglow, Road No. 03, Contrator Area, Back side of Time Out Restaurant, Bistupur, Jamshedpur, Jharkhand, Pincode β 831001 , India.
No. Matrixx FinCorp offers free advisory and support, as revenue is generated via trail commission from AMCs like ABSLMF.
Yes. From KYC to SIP auto-debit setup and fund monitoring, Matrixx FinCorp provides end-to-end investment support.