Banking & Investments Simplified for NRIs

Nippon Life India Asset Management Ltd is a Arbitrage mutual fund scheme from Nippon Life India Asset Management Ltd. This fund has been in existence for 9 yrs 10 m, having been launched on 01/01/2013. Nippon Life India Asset Management Ltd has ₹9,008 Crores worth of assets under management (AUM) as on 30/09/2022 and is medium-sized fund of its category. The fund has an .

Nippon Life India Asset Management Ltd is a mutual fund scheme from Nippon Life India Asset Management Ltd. This fund has been in existence for 9 yrs 10 m, having been launched on 01/01/2013. Nippon Life India Asset Management Ltd has ₹9,008 Crores worth of assets under management (AUM) as on 30/09/2022 and is medium-sized fund of its category. The fund has an Avg 1 year Return of Kotak Mutual Fund is 15.34%

Best Nippon Mutual Funds for NRIs

Fund Name	Category	Risk	1Y Return	Fund Size
Nippon India Small Cap Fund - Growth	Equity	very high Risk	61.06%	₹45,749.06 Cr
Nippon India Liquid Fund Retail Growth	Money Market	low to moderate Risk	6.63%	₹34,543.27 Cr
Nippon India Liquid Fund Growth	Money Market	low to moderate Risk	7.22%	₹34,543.27 Cr
Nippon India Multi Cap Fund - Growth	Equity	very high Risk	55.33%	₹27,745.59 Cr
Nippon India Growth Fund - Growth	Equity	very high Risk	60.08%	₹24,796 Cr
Nippon India Large Cap Fund - Growth	Equity	very high Risk	42.86%	₹24,378.39 Cr
Nippon India ELSS Tax Saver Fund Growth	Equity	very high Risk	44.58%	₹14,322.15 Cr
Nippon India Arbitrage Fund Growth	Alternative	low Risk	7.60%	₹13,895.86 Cr
Nippon India Money Market Fund Growth	Fixed Income	moderate Risk	7.58%	₹13,817.23 Cr
Nippon India Overnight Fund Regular Growth	Money Market	low Risk	6.72%	₹8,494.39 Cr
Nippon India Floating Rate Fund Growth	Fixed Income	moderate Risk	7.25%	₹7,963.56 Cr
Nippon India Balanced Advantage Fund Growth	Allocation	very high Risk	24.68%	₹7,719.3 Cr
Nippon India Focused Equity Fund - Growth	Equity	very high Risk	33.30%	₹7,607.84 Cr
Nippon India Nivesh Lakshya Fund - Regular Plan - Growth	Fixed Income	moderate Risk	6.43%	₹7,384.53 Cr
Nippon India Pharma Fund - Growth	Equity	very high Risk	51.12%	₹7,125.28 Cr
Nippon India Value Fund - Growth	Equity	very high Risk	59.36%	₹7,106.93 Cr
Nippon India Flexi Cap Fund Regular Growth	Equity	very high Risk	41.59%	₹6,306.47 Cr
Nippon India Low Duration Fund Growth	Fixed Income	low to moderate Risk	6.90%	₹6,303.33 Cr
Nippon India Low Duration Fund Retail Growth	Fixed Income	low to moderate Risk	6.72%	₹6,303.33 Cr
Nippon India Ultra Short Duration Fund Growth	Fixed Income	moderate Risk	6.95%	₹5,526.08 Cr
Nippon India Banking & PSU Debt Fund Regular Growth	Fixed Income	moderate Risk	6.48%	₹5,453.62 Cr
Nippon India Short Term Fund - Growth	Fixed Income	moderate Risk	6.63%	₹5,444.74 Cr
Nippon India Banking & Financial Services Fund Growth	Equity	very high Risk	31.85%	₹5,307.29 Cr
Nippon India Dynamic Bond Fund - Growth	Fixed Income	moderate Risk	6.27%	₹4,586.44 Cr
Nippon India Power & Infra Fund - Growth	Equity	very high Risk	76.99%	₹4,528.93 Cr
Nippon India Vision Fund - Growth	Equity	very high Risk	48.49%	₹4,335.22 Cr
Nippon India Equity Hybrid Fund - Growth	Allocation	very high Risk	30.95%	₹3,435.18 Cr
Nippon India Retirement Fund - Wealth Creation Scheme - Regular Growth	Allocation	very high Risk	44.42%	₹3,003.63 Cr
Nippon India Nifty AAA CPSE Bd Pl SDL Apr27 Mat 60:40 Idx Fd Reg Growth	Fixed Income	low to moderate Risk	6.57%	₹2,972.62 Cr
Nippon India Multi Asset Fund Regular Growth	Allocation	very high Risk	32.57%	₹2,905.33 Cr
Nippon India Corporate Bond Fund Growth	Fixed Income	moderate Risk	6.92%	₹2,888.76 Cr
Nippon India Gold Savings Fund - Growth	Commodities	high Risk	18.39%	₹1,709.27 Cr
Nippon India Gilt Securities Fund -Growth	Fixed Income	moderate Risk	6.07%	₹1,557.08 Cr
Nippon India Gilt Securities Fund -P F Option -Defined Maturity Date	Fixed Income	moderate Risk	6.07%	₹1,557.08 Cr
Nippon India Index Fund - Nifty 50 Plan - Growth	Equity	very high Risk	25.72%	₹1,521.19 Cr
Nippon India Innovation Fund Regular Growth	Equity	very high Risk	0.00%	₹1,354.69 Cr
Nippon India Nifty Midcap 150 Index Fund Regular Growth	Equity	very high Risk	57.71%	₹1,162.94 Cr
Nippon India Nifty Smallcap 250 Index Fund Reg Gr	Equity	very high Risk	67.09%	₹1,092.77 Cr
Nippon India Credit Risk Fund Growth	Fixed Income	high Risk	7.59%	₹1,024.9 Cr
Nippon India Credit Risk Fund Institutional Growth	Fixed Income	high Risk	7.69%	₹1,024.9 Cr
Nippon India Hybrid Bond Fund Growth	Allocation	high Risk	9.18%	₹781.63 Cr
Nippon India Consumption Fund - Growth	Equity	very high Risk	41.39%	₹731.16 Cr
Nippon India US Equity Opportunities Fund Regular Growth	Equity	very high Risk	29.48%	₹699.23 Cr
Nippon India Index S&P BSE Fund Sensex Plan - Growth	Equity	very high Risk	22.70%	₹635.34 Cr
Nippon India Nifty G-Sec Jun 2036 Maturity Index Fund Regular Growth	Fixed Income	moderate Risk	6.96%	₹613.66 Cr
Nippon India Nifty 50 Value 20 Index Fund Regular Growth	Equity	very high Risk	34.58%	₹588.43 Cr
Nippon India Nifty AAA PSU Bd Pl SDL Sep26 Mat 50:50 Idx Fd Reg Growth	Fixed Income	low to moderate Risk	6.55%	₹454.75 Cr
Nippon India Taiwan Equity Fund Regular Growth	Equity	very high Risk	38.51%	₹453.89 Cr
Nippon India Equity Savings Growth	Allocation	moderate Risk	11.99%	₹407.21 Cr
Nippon India Nifty G-Sec Sep 2027 Maturity Index Fund Regular Growth	Fixed Income	low to moderate Risk	6.18%	₹405.87 Cr
Nippon India Nifty SDL Plus G-Sec - Jun 2028 Mat 70:30 Idx Fd Rg Growth	Fixed Income	moderate Risk	6.59%	₹355.62 Cr
Nippon India Nifty Next 50 Junior BeES FoF Regular Growth	Allocation	very high Risk	64.39%	₹339.76 Cr
Nippon India Income Fund - Growth Plan	Fixed Income	moderate Risk	5.92%	₹322.24 Cr
Nippon India Japan Equity Regular Growth	Equity	very high Risk	16.32%	₹315.41 Cr
Nippon India Nifty SDL Plus G-Sec - Jun 2029 Mat 70:30 Idx Fd Rg Growth	Fixed Income	moderate Risk	6.49%	₹294.42 Cr
Nippon India Nifty Alpha Low Volatility 30 Index Fund Regular Growth	Equity	very high Risk	50.75%	₹273.93 Cr
Nippon India Silver ETF Fund of Fund (FOF) Regular Growth	Commodities	very high Risk	6.94%	₹242.69 Cr
Nippon India Passive Flexicap FoF Regular Growth	Allocation	very high Risk	38.92%	₹218.27 Cr
Nippon India Asset Allocator FoF Regular Growth	Allocation	very high Risk	34.99%	₹208.19 Cr
Nippon India Retirement Fund - Income Generation Scheme - Regular Growth	Allocation	moderately high Risk	11.35%	₹164.38 Cr
Nippon India Strategic Debt Fund Growth Option	Fixed Income	moderately high Risk	6.07%	₹120.25 Cr
Nippon India Nifty G-Sec Oct 2028 Maturity Index Fund Regular Growth	Fixed Income	moderate Risk	6.25%	₹109.34 Cr
Nippon India Nifty IT Index Fund Regular Growth	Equity	very high Risk	0.00%	₹93.03 Cr
Nippon India Nifty Bank Index Fund Regular Growth	Equity	very high Risk	0.00%	₹92.63 Cr
Nippon India Quant Fund - Growth	Equity	very high Risk	46.77%	₹59.33 Cr

How can NRIs invest in Nippon Life India Asset Management Ltd?

NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:

Complete your NRI KYC: Type in your personal details and attach supporting documents, like:

PAN Number
Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
Passport – front and back
Passport size photograph
signature

If all details are correct, your KYC will be approved within 7 to 8 business days.

Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in Nippon Life India Asset Management Ltd

Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
City and country of birth
NRE/NRO bank account statement/ canceled cheque for the latest 3 months
Nominee details

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