Nippon Life India Asset Management Ltd

Nippon Life India Asset Management Ltd

AUM (Cr.)


No. of Clients


No. of Investment Approach


As On

31 July 2023

Reliance Portfolio Management Services is a part of Reliance Nippon Life Asset Management Limited - Formerly Know as Reliance Capital Asset Management Limited. Reliance Nippon Asset Management company is the asset manager of Reliance Mutual Fund (RMF). Reliance Capital Limited and Nippon Life Insurance limited are the promoters of Reliance Nippon Asset Management company and currently hold 85.75% of its total issued and paid-up equity share capital. Investment Philosophy - Quality, Concentration, Bottom up, Benchmark Agnostic. Must 5 quality framework - Business Potential, Corporate Goverance, Earnings Track Record, Capital Allocation, Promoters Ownership.

PMS Investment Approach(s) Returns
Investment Approach Category 1 Yr 2 Yr 3 Yr 5 Yr Inception Date
Nippon India - Emerging India
MID CAP 23.88% 9.56% 28.76% 19.86% 07 Apr, 2017
Nippon India - High Conviction
MULTI CAP 10.76% 4.58% 18.64% 17.17% 13 Mar, 2014
Nippon India - Absolute Freedom
LARGE CAP 12.33% 5.36% 20.21% 15.23% 24 Sep, 2004
Nippon India - Indian Economic Transformation
MULTI CAP 8.51% 1.00% 19.19% NA 22 Oct, 2018

* Returns are as on 31st October 2023, * Returns over a 1 year period are annualized * Returns are calculated using the Time Weighted Rate of Return (TWRR) method and as provided by the respective AMCs. *ND (No Data) , * NA(Not Applicable) * Returns of the respective Benchmark Indices used are tabulated above. Benchmark(s) given are as per SEBI circular no. SEBI/HO/IMD/IMD-PoD-2/P/CIR/2022/172 dated December 16, 2022 and the APMI circular no. APMI/2022-23/02 dated 23rd March,2023 and Revised Annexure-1

AIF Investment Approach(s) Returns
Investment Approach Category 1 Yr 2 Yr 3 Yr 5 Yr Inception Date
Nippon - Unlimited India
CAT III - LONG ONLY 20.28% NA NA NA Jun 2022
Nippon - Champions 21st Century
CAT III - LONG ONLY 16.22% 7.68% NA NA Feb 2021
Nippon - Reimagine India Opportunity
CAT III - LONG ONLY 15.34% NA NA NA Feb 2022
Nippon - India Millennial
CAT III - LONG ONLY 11.64% 2.83% 23.66% 17.51% Jan 2018
Nippon - The 5 Trillion Dollar Opportunity
CAT III - LONG ONLY 18.07% 6.38% 24.36% NA Jan 2020
Nippon - The Big Switch
CAT III - LONG ONLY 27.63% 7.63% 26.60% 17.28% Aug 2017
Nippon - Financial Services
CAT III - LONG ONLY 16.28% 7.33% 23.17% 12.79% Jan 2018
Nippon - Next Billion
CAT III - LONG ONLY 16.04% 4.87% 23.21% 16.32% Jul 2018

* All performance above are as on 31st October 2023  * Above 1 year returns are in CAGR* 

Portfolio Manager Profile

Mr. Varun Goel

Mr. Varun Goel

Fund Manager

AMC Registered Address

4Th Floor, Tower A, Peninsula Business Park,Ganapatrao Kadam Marg, Lower Parel (W),Mumbai,Maharashtra,India-400013
SEBI Reg No : INP000007085

AMC Investor Login Link

Click here

AMC Website Link

Click here

AMC Social Media

Disclaimer & Risk Factors:

We have taken and continue to take utmost care and caution in compilation of current and historical data (such as performance of Portfolio Managers, investment approaches followed and/or AUM of Portfolio Managers etc.,). We also take due care in analysis (such as making comparisons etc.,) of the data. The information and data provided by PMS bazaar on its website (including any of its publications/e-mails/newsletters) have been obtained and culled out of whatever is available on public domain/provided by the Portfolio Managers either on their own or at the request of PMS Bazaar and we do not in any way guarantee the accuracy [(in general and as well as with respect to regulatory compliance(s)], reliability, completeness, current-ness and/or timeliness of any content, information, data, analysis, software, text, graphics, links or communications provided on or through the use of the Website and we assume no liability and cannot be held responsible for any errors or omissions in such information, data (including regulatory non-compliances, if any) and/or analysis of such information and data nor for the results obtained by any user of the website (including any publications/e-mails/newsletters of PMS Bazaar) from the use of such content, information, data, analysis, software, text, graphics, links or communications provided on the Website or for any monetary or other damage suffered by you on account of such usage.

All information present on the Website of PMS bazaar (including any publications/e-mails/newsletters of PMS Bazaar) is to help investors in their decision-making process and shall not be considered as a recommendation or solicitation of an investment or investment strategy/approach/funds. The names of the portfolios/ strategies/approach/funds do not, in any manner, indicate their prospects or returns. There is no assurance or guarantee that the objective of portfolios/ strategies/approach/funds will be achieved. Past performance is not necessarily a guide to future performance and no way guarantee the future performance. Investment in securities markets is subject to market risks, Investors are responsible for their investment decisions and are responsible to validate all the information used to make the investment decision.All the information provided herein including Performance is not verified by SEBI nor has SEBI certified the accuracy or adequacy of the same.