{"id":71597,"date":"2026-04-15T12:43:57","date_gmt":"2026-04-15T07:13:57","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=71597"},"modified":"2026-04-15T12:43:59","modified_gmt":"2026-04-15T07:13:59","slug":"nippon-india-mutual-fund-best-schemes-returns-review-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/nippon-india-mutual-fund-best-schemes-returns-review-2026\/","title":{"rendered":"Nippon India Mutual Fund 2026: Best Schemes, Returns And SIP Guide"},"content":{"rendered":"<p><strong>Nippon India Mutual Fund<\/strong> \u2014 formerly known as Reliance Mutual Fund before the 2019 rebranding \u2014 is one of India&#8217;s largest and most diversified AMCs, managing approximately \u20b95.8 lakh crore in AUM across 300+ schemes as of March 2026. The fund house is majority-owned by Nippon Life Insurance Company (Japan&#8217;s largest life insurer), which holds approximately 73.5% stake through Nippon Life India Asset Management.<\/p><p>With a presence in 280+ cities through 280+ branches and approximately 2.3 crore investor folios, Nippon India Mutual Fund serves retail investors across every geography in India. The fund house&#8217;s standout offering \u2014 the Nippon India Small Cap Fund \u2014 has become one of India&#8217;s most followed small-cap funds, managing over \u20b960,000 crore with a category-leading 5-year CAGR.<\/p><div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/nippon-india-mutual-fund-best-schemes-returns-review-2026\/#About_Nippon_India_Mutual_Fund\" title=\"About Nippon India Mutual Fund\">About Nippon India Mutual Fund<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/nippon-india-mutual-fund-best-schemes-returns-review-2026\/#Best_Nippon_India_Mutual_Fund_Schemes_2026\" title=\"Best Nippon India Mutual Fund Schemes 2026\">Best Nippon India Mutual Fund Schemes 2026<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/nippon-india-mutual-fund-best-schemes-returns-review-2026\/#Nippon_India_Small_Cap_Fund_%E2%80%94_Indias_Most_Popular_Small_Cap_Fund\" title=\"Nippon India Small Cap Fund \u2014 India&#8217;s Most Popular Small Cap Fund\">Nippon India Small Cap Fund \u2014 India&#8217;s Most Popular Small Cap Fund<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/nippon-india-mutual-fund-best-schemes-returns-review-2026\/#Nippon_India_ETF_Nifty_BeES_%E2%80%94_Pioneer_of_Passive_Investing_in_India\" title=\"Nippon India ETF Nifty BeES \u2014 Pioneer of Passive Investing in India\">Nippon India ETF Nifty BeES \u2014 Pioneer of Passive Investing in India<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/nippon-india-mutual-fund-best-schemes-returns-review-2026\/#Budget_2026-27_Impact_on_Nippon_India_Fund_Investors\" title=\"Budget 2026-27 Impact on Nippon India Fund Investors\">Budget 2026-27 Impact on Nippon India Fund Investors<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/nippon-india-mutual-fund-best-schemes-returns-review-2026\/#Benefits_of_Investing_in_Nippon_India_Mutual_Fund\" title=\"Benefits of Investing in Nippon India Mutual Fund\">Benefits of Investing in Nippon India Mutual Fund<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/nippon-india-mutual-fund-best-schemes-returns-review-2026\/#Largest_Small_Cap_Fund_in_India\" title=\"Largest Small Cap Fund in India\">Largest Small Cap Fund in India<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/nippon-india-mutual-fund-best-schemes-returns-review-2026\/#Pioneer_in_ETF_and_Passive_Products\" title=\"Pioneer in ETF and Passive Products\">Pioneer in ETF and Passive Products<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/nippon-india-mutual-fund-best-schemes-returns-review-2026\/#Japanese_Institutional_Backing\" title=\"Japanese Institutional Backing\">Japanese Institutional Backing<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/nippon-india-mutual-fund-best-schemes-returns-review-2026\/#Multiple_Market_Cap_Options\" title=\"Multiple Market Cap Options\">Multiple Market Cap Options<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/nippon-india-mutual-fund-best-schemes-returns-review-2026\/#Technology-First_Investor_Experience\" title=\"Technology-First Investor Experience\">Technology-First Investor Experience<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/nippon-india-mutual-fund-best-schemes-returns-review-2026\/#Key_Risks\" title=\"Key Risks\">Key Risks<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/nippon-india-mutual-fund-best-schemes-returns-review-2026\/#Small_Cap_Fund_Liquidity_Risk\" title=\"Small Cap Fund Liquidity Risk\">Small Cap Fund Liquidity Risk<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/nippon-india-mutual-fund-best-schemes-returns-review-2026\/#High_Valuations_in_Small_Cap_Space\" title=\"High Valuations in Small Cap Space\">High Valuations in Small Cap Space<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/nippon-india-mutual-fund-best-schemes-returns-review-2026\/#Currency_Risk_for_ETF_Investors\" title=\"Currency Risk for ETF Investors\">Currency Risk for ETF Investors<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/nippon-india-mutual-fund-best-schemes-returns-review-2026\/#Expense_Ratio_Differences\" title=\"Expense Ratio Differences\">Expense Ratio Differences<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/nippon-india-mutual-fund-best-schemes-returns-review-2026\/#Concentration_in_Top_Holdings\" title=\"Concentration in Top Holdings\">Concentration in Top Holdings<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/nippon-india-mutual-fund-best-schemes-returns-review-2026\/#How_to_Invest_in_Nippon_India_Mutual_Fund\" title=\"How to Invest in Nippon India Mutual Fund\">How to Invest in Nippon India Mutual Fund<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/univest.in\/blogs-2\/nippon-india-mutual-fund-best-schemes-returns-review-2026\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/univest.in\/blogs-2\/nippon-india-mutual-fund-best-schemes-returns-review-2026\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/univest.in\/blogs-2\/nippon-india-mutual-fund-best-schemes-returns-review-2026\/#Q_What_is_Nippon_India_Mutual_Fund\" title=\"Q: What is Nippon India Mutual Fund?\">Q: What is Nippon India Mutual Fund?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/univest.in\/blogs-2\/nippon-india-mutual-fund-best-schemes-returns-review-2026\/#Q_What_is_the_best_Nippon_India_Mutual_Fund_in_2026\" title=\"Q: What is the best Nippon India Mutual Fund in 2026?\">Q: What is the best Nippon India Mutual Fund in 2026?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/univest.in\/blogs-2\/nippon-india-mutual-fund-best-schemes-returns-review-2026\/#Q_Is_Nippon_India_Small_Cap_Fund_open_for_investment\" title=\"Q: Is Nippon India Small Cap Fund open for investment?\">Q: Is Nippon India Small Cap Fund open for investment?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-24\" href=\"https:\/\/univest.in\/blogs-2\/nippon-india-mutual-fund-best-schemes-returns-review-2026\/#Q_What_is_Nippon_India_AMC\" title=\"Q: What is Nippon India AMC?\">Q: What is Nippon India AMC?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-25\" href=\"https:\/\/univest.in\/blogs-2\/nippon-india-mutual-fund-best-schemes-returns-review-2026\/#Q_How_to_start_SIP_in_Nippon_India_Mutual_Fund\" title=\"Q: How to start SIP in Nippon India Mutual Fund?\">Q: How to start SIP in Nippon India Mutual Fund?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-26\" href=\"https:\/\/univest.in\/blogs-2\/nippon-india-mutual-fund-best-schemes-returns-review-2026\/#Q_What_are_Nippon_India_ETFs\" title=\"Q: What are Nippon India ETFs?\">Q: What are Nippon India ETFs?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-27\" href=\"https:\/\/univest.in\/blogs-2\/nippon-india-mutual-fund-best-schemes-returns-review-2026\/#Q_What_is_Nippon_India_Small_Cap_Fund_NAV\" title=\"Q: What is Nippon India Small Cap Fund NAV?\">Q: What is Nippon India Small Cap Fund NAV?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-28\" href=\"https:\/\/univest.in\/blogs-2\/nippon-india-mutual-fund-best-schemes-returns-review-2026\/#Q_How_is_Nippon_India_Mutual_Fund_different_from_other_AMCs\" title=\"Q: How is Nippon India Mutual Fund different from other AMCs?\">Q: How is Nippon India Mutual Fund different from other AMCs?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-29\" href=\"https:\/\/univest.in\/blogs-2\/nippon-india-mutual-fund-best-schemes-returns-review-2026\/#Read_Articles\" title=\"Read Articles\">Read Articles<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"About_Nippon_India_Mutual_Fund\"><\/span><strong>About Nippon India Mutual Fund<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p><a href=\"https:\/\/univest.in\/user\/log-in\"><strong>Click Here \u2013 Get Free Investment Predictions<\/strong><\/a><\/p><p><strong>Nippon India Mutual Fund<\/strong> (formerly Reliance MF) underwent a complete ownership and branding change in 2019 when Nippon Life Insurance acquired majority control from the Reliance Group. The AMC is listed on BSE and NSE (NSE: NAM-INDIA) and is one of India&#8217;s most profitable asset management businesses.<\/p><p>The fund house&#8217;s investment philosophy blends quantitative screens with bottom-up fundamental research. On the equity side, fund managers like Sailesh Raj Bhan (who managed the legendary Reliance Growth Fund for 15+ years) and Manish Gunwani have built long-term track records. Nippon India&#8217;s ETF business is a particular standout \u2014 it manages India&#8217;s largest ETF by AUM (Nippon India ETF Nifty BeES) and has the broadest ETF product range among domestic AMCs.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Best_Nippon_India_Mutual_Fund_Schemes_2026\"><\/span><strong>Best Nippon India Mutual Fund Schemes 2026<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Scheme<\/strong><\/td><td><strong>Category<\/strong><\/td><td><strong>5Y CAGR (Direct)<\/strong><\/td><td><strong>AUM<\/strong><\/td><td><strong>Min SIP<\/strong><\/td><\/tr><tr><td>Nippon India Small Cap Fund<\/td><td>Small Cap<\/td><td>28\u201332%<\/td><td>\u20b962,000 Cr<\/td><td>\u20b9100<\/td><\/tr><tr><td>Nippon India Flexi Cap Fund<\/td><td>Flexi Cap<\/td><td>17\u201319%<\/td><td>\u20b915,000 Cr<\/td><td>\u20b9100<\/td><\/tr><tr><td>Nippon India Large Cap Fund<\/td><td>Large Cap<\/td><td>15\u201317%<\/td><td>\u20b935,000 Cr<\/td><td>\u20b9100<\/td><\/tr><tr><td>Nippon India Multicap Fund<\/td><td>Multi Cap<\/td><td>18\u201321%<\/td><td>\u20b930,000 Cr<\/td><td>\u20b9100<\/td><\/tr><tr><td>Nippon India ETF Nifty BeES<\/td><td>Index ETF<\/td><td>14\u201316% (tracks Nifty)<\/td><td>\u20b930,000 Cr<\/td><td>\u20b91,000 (BSE lot)<\/td><\/tr><tr><td>Nippon India Tax Saver (ELSS)<\/td><td>ELSS \/ 80C<\/td><td>18\u201321%<\/td><td>\u20b914,000 Cr<\/td><td>\u20b9500<\/td><\/tr><\/tbody><\/table><\/figure><p>Source: NAM-India AMC, Groww, Value Research \u2014 April 2026. 5Y CAGR approximate for Direct Growth plan. Past performance is not indicative of future returns.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Nippon_India_Small_Cap_Fund_%E2%80%94_Indias_Most_Popular_Small_Cap_Fund\"><\/span><strong>Nippon India Small Cap Fund \u2014 India&#8217;s Most Popular Small Cap Fund<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p><strong>The Nippon India Small Cap Fund<\/strong> is the fund that put Nippon India on the map for retail investors \u2014 managing \u20b962,000+ crore (the largest AUM among small-cap funds in India) with a remarkable 5-year CAGR of 28\u201332% (Direct Plan). Managed by Samir Rachh, the fund invests in 150\u2013200 small-cap stocks with a bottom-up approach, seeking companies with strong competitive moats, consistent free cash flow generation, and promoter skin-in-the-game.<\/p><p>Key holdings include Dixon Technologies, KPIT Technologies, Blue Dart Express, Radico Khaitan, and Bata India \u2014 a diversified mix of tech-enabled manufacturing, consumer brands, and logistics. Suited for investors with 7+ year horizon and high risk tolerance.<\/p><p>[Important note: Nippon India Small Cap Fund periodically restricts fresh lump-sum investments when inflows are judged to be excessive relative to available small-cap opportunities. SIPs remain open at all times.]<\/p><p>Discover top mutual fund investments with detailed analysis \u2014 <a href=\"https:\/\/univest.in\/screeners\"><strong>Explore Univest Screener<\/strong><\/a><\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Nippon_India_ETF_Nifty_BeES_%E2%80%94_Pioneer_of_Passive_Investing_in_India\"><\/span><strong>Nippon India ETF Nifty BeES \u2014 Pioneer of Passive Investing in India<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p><strong>Nippon India ETF Nifty BeES<\/strong> \u2014 launched in 2002 as India&#8217;s first ETF \u2014 tracks the Nifty 50 index and is the most liquid ETF on the NSE. With daily volumes exceeding \u20b9100 crore, it provides precise Nifty 50 exposure for investors who prefer passive investing. Expense ratio of 0.04% (Direct) makes it among the cheapest investment vehicles in India.<\/p><p>For investors who believe in India&#8217;s long-term growth story but don&#8217;t want active fund manager risk, a SIP in Nippon India ETF Nifty BeES through a demat account provides clean Nifty 50 exposure at near-zero cost.<\/p><p>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&amp;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to get daily mutual fund insights and SIP recommendations from SEBI-registered advisors!<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Budget_2026-27_Impact_on_Nippon_India_Fund_Investors\"><\/span><strong>Budget 2026-27 Impact on Nippon India Fund Investors<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p><a href=\"https:\/\/univest.in\/user\/log-in\"><strong>Tap to Access Best Research Pieces on Univest<\/strong><\/a><\/p><p><strong>Small Cap Fund Taxation: <\/strong>The 12.5% LTCG tax applies on Nippon India Small Cap Fund gains above \u20b91.25 lakh per year. Given the fund&#8217;s high historical returns, investors must account for tax liability at redemption \u2014 particularly for lump-sum investments that have compounded significantly.<\/p><p><strong>ETF Taxation Clarity: <\/strong>Nippon India ETF Nifty BeES units held on stock exchange are taxed as equity \u2014 20% STCG (&lt; 12 months) and 12.5% LTCG (&gt; 12 months) above \u20b91.25 lakh. This remains unchanged in Budget 2026-27.<\/p><p><strong>ELSS \u20b91.5 Lakh Deduction Retained: <\/strong>Nippon India ELSS Tax Saver continues to be eligible for \u20b91.5 lakh Section 80C deduction \u2014 making it the most tax-efficient 3-year equity lock-in instrument for salaried investors.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Benefits_of_Investing_in_Nippon_India_Mutual_Fund\"><\/span><strong>Benefits of Investing in Nippon India Mutual Fund<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Largest_Small_Cap_Fund_in_India\"><\/span><strong>Largest Small Cap Fund in India<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Nippon India Small Cap Fund&#8217;s \u20b962,000 crore AUM reflects unparalleled retail investor trust in the small-cap category. The fund&#8217;s diversification across 150\u2013200 stocks reduces individual stock risk while capturing India&#8217;s small-cap growth story.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Pioneer_in_ETF_and_Passive_Products\"><\/span><strong>Pioneer in ETF and Passive Products<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Nippon India manages India&#8217;s oldest and most liquid ETF (Nifty BeES, launched 2002) alongside Gold BeES and other sector ETFs \u2014 giving investors a comprehensive passive product suite from a single trusted AMC.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Japanese_Institutional_Backing\"><\/span><strong>Japanese Institutional Backing<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Nippon Life Insurance&#8217;s 73.5% ownership provides institutional stability, global investment research capabilities, and long-term governance commitment \u2014 rare among domestic AMCs where promoter or banking group interests can create conflicts.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Multiple_Market_Cap_Options\"><\/span><strong>Multiple Market Cap Options<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>From ETFs (near-zero cost Nifty 50 exposure) to Small Cap (high-alpha, high-risk) and Multi Cap (diversified across sizes) \u2014 Nippon India covers every equity investing style within a single fund house.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Technology-First_Investor_Experience\"><\/span><strong>Technology-First Investor Experience<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Nippon India&#8217;s app and digital SIP experience is rated among the best in the industry \u2014 with real-time NAV, SIP modification, and instant redemption features that make managing investments straightforward.<\/p><p>Discover top mutual fund investments with detailed analysis \u2014 <a href=\"https:\/\/univest.in\/screeners\"><strong>Explore Univest Screener<\/strong><\/a><\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Key_Risks\"><\/span><strong>Key Risks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Small_Cap_Fund_Liquidity_Risk\"><\/span><strong>Small Cap Fund Liquidity Risk<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>In equity market corrections, small-cap stocks fall more than large-caps and take longer to recover. Nippon India Small Cap Fund has seen 20\u201330% NAV drawdowns in past corrections \u2014 investors must be prepared to stay invested through these periods.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"High_Valuations_in_Small_Cap_Space\"><\/span><strong>High Valuations in Small Cap Space<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>After 3 years of strong returns (2021\u20132024), Indian small-cap valuations are above historical averages. At elevated P\/E levels, future 5-year small-cap returns may be lower than the prior 5-year period.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Currency_Risk_for_ETF_Investors\"><\/span><strong>Currency Risk for ETF Investors<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Nippon India manages some international ETFs and FoFs. Currency movement between INR and USD affects the NAV of international-focused schemes \u2014 a risk that domestic equity investors don&#8217;t face.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Expense_Ratio_Differences\"><\/span><strong>Expense Ratio Differences<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Nippon India&#8217;s active equity funds have expense ratios of 0.6\u20131.5% (Direct) \u2014 higher than passively managed ETFs. Over long periods, high expense ratios compound into meaningful return differences.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Concentration_in_Top_Holdings\"><\/span><strong>Concentration in Top Holdings<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>While broadly diversified, the Small Cap Fund&#8217;s top 10 holdings represent 15\u201320% of the portfolio \u2014 single-stock events in these positions can materially impact NAV in the short term.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_to_Invest_in_Nippon_India_Mutual_Fund\"><\/span><strong>How to Invest in Nippon India Mutual Fund<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>Subscribe to Univest Pro for premium mutual fund advisory and portfolio setups \u2014 <a href=\"https:\/\/univest.in\/user\/log-in\"><strong>Start Free Trial<\/strong><\/a><\/p><p><strong>Step 1: Complete KYC Online<\/strong><\/p><p>Visit www.nipponindiamf.com \u2192 Go to &#8216;New Investor&#8217; \u2192 Submit PAN, Aadhaar for eKYC via OTP. KYC is portable across all AMCs in India \u2014 one-time process.<\/p><p><strong>Step 2: Select Scheme Based on Goal<\/strong><\/p><p>Use Nippon India&#8217;s scheme selector or the Univest MF Advisory platform to match your goal (wealth creation, tax saving, retirement) with the appropriate Nippon India scheme.<\/p><p><strong>Step 3: Register SIP via Bank Mandate<\/strong><\/p><p>Link your bank account via NACH mandate or net banking \u2192 Set SIP amount (min \u20b9100), date, and duration \u2192 Confirm via OTP. SIP investment begins from the next scheduled date.<\/p><p><strong>Step 4: Track Portfolio via Nippon India App or Univest<\/strong><\/p><p>Monitor NAV, returns, and portfolio value through the Nippon India investor app or the Univest consolidated dashboard \u2014 which combines MF, equity, and F&amp;O holdings.<\/p><p><strong>Step 5: Use Univest Screener for Fund Comparison<\/strong><\/p><p>Before investing, use the Univest Screener to compare Nippon India schemes with peers across returns, risk-adjusted metrics, and portfolio overlap.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p><strong>Nippon India Mutual Fund<\/strong>&#8216;s Small Cap Fund has been one of India&#8217;s best-performing equity funds over 5 years \u2014 but investors must approach it with a 7+ year horizon and genuine tolerance for drawdowns. For passive investors, Nippon India ETF Nifty BeES remains the gold standard for low-cost Nifty 50 exposure. For tax savers, the ELSS Tax Saver Fund delivers equity returns with Section 80C benefits. Start your Nippon India SIP through <a href=\"https:\/\/univest.in\/user\/log-in\">Univest<\/a> for integrated research and advisory.<\/p><p><strong>Disclaimer: <\/strong>Investments in securities are subject to market risk. Please read all related documents before investing. This content is for educational purposes only and does not constitute investment advice. Past returns do not guarantee future performance. Consult a SEBI-registered financial advisor before investing.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_What_is_Nippon_India_Mutual_Fund\"><\/span><strong>Q: What is Nippon India Mutual Fund?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Nippon India Mutual Fund (formerly Reliance Mutual Fund) is a SEBI-registered AMC majority-owned by Nippon Life Insurance (Japan). It manages \u20b95.8+ lakh crore across 300+ schemes for 2.3 crore investors in India.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_What_is_the_best_Nippon_India_Mutual_Fund_in_2026\"><\/span><strong>Q: What is the best Nippon India Mutual Fund in 2026?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>The best Nippon India Mutual Fund in 2026 for growth investors is the Nippon India Small Cap Fund (28\u201332% 5Y CAGR, Direct). For passive investors, Nippon India ETF Nifty BeES offers Nifty 50 exposure at 0.04% expense ratio. For tax saving, the Nippon India ELSS Tax Saver Fund qualifies for \u20b91.5 lakh Section 80C deduction.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_Is_Nippon_India_Small_Cap_Fund_open_for_investment\"><\/span><strong>Q: Is Nippon India Small Cap Fund open for investment?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Nippon India Small Cap Fund is open for SIP investment at all times. Lump-sum investment may be restricted during periods of heavy inflows. Check the AMC website for current lump-sum status.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_What_is_Nippon_India_AMC\"><\/span><strong>Q: What is Nippon India AMC?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Nippon India AMC (BSE\/NSE: NAM-INDIA) is the asset management company that manages Nippon India Mutual Fund. It is publicly listed and majority-owned by Nippon Life Insurance Company of Japan (73.5% stake). Total AUM is \u20b95.8 lakh crore.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_How_to_start_SIP_in_Nippon_India_Mutual_Fund\"><\/span><strong>Q: How to start SIP in Nippon India Mutual Fund?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Visit www.nipponindiamf.com or the Nippon India investor app \u2192 Complete KYC \u2192 Select scheme (Small Cap, Flexi Cap, ETF, or ELSS) \u2192 Set SIP amount (min \u20b9100) \u2192 Register bank mandate \u2192 Confirm via OTP. SIP begins from the next scheduled date.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_What_are_Nippon_India_ETFs\"><\/span><strong>Q: What are Nippon India ETFs?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Nippon India manages India&#8217;s oldest ETF \u2014 Nifty BeES (launched 2002). The fund house also manages Gold BeES, Nifty Next 50 BeES, Bank BeES, and multiple sector ETFs. These trade on NSE like stocks and are available through any demat account.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_What_is_Nippon_India_Small_Cap_Fund_NAV\"><\/span><strong>Q: What is Nippon India Small Cap Fund NAV?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Nippon India Small Cap Fund NAV is updated daily by AMFI after 9 PM. Check the live NAV on www.nipponindiamf.com, AMFI website, Groww, or the Univest app.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_How_is_Nippon_India_Mutual_Fund_different_from_other_AMCs\"><\/span><strong>Q: How is Nippon India Mutual Fund different from other AMCs?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Nippon India&#8217;s differentiators are: Japanese institutional ownership (Nippon Life 73.5%), India&#8217;s pioneering ETF franchise (Nifty BeES since 2002), the largest small-cap fund by AUM (\u20b962,000+ Cr), and a broad scheme range covering passive, active, ETF, and FoF in one fund house.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Read_Articles\"><\/span><strong>Read Articles<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p><a href=\"https:\/\/univest.in\/blogs\/best-mutual-funds-to-invest-in-india\">Best Mutual Funds To Invest in India For High Returns<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/what-are-mutual-funds\">What are Mutual Funds? Everything You Need to Know About<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/types-of-mutual-funds-in-india\">Types of Mutual Funds in India&nbsp;<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Nippon India Mutual Fund \u2014 formerly known as Reliance Mutual Fund before the 2019 rebranding \u2014 is one of India&#8217;s largest and most diversified AMCs, managing approximately \u20b95.8 lakh crore in AUM across 300+ schemes as of March 2026. The fund house is majority-owned by Nippon Life Insurance Company (Japan&#8217;s largest life insurer), which holds<\/p>\n","protected":false},"author":23,"featured_media":71601,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3841],"tags":[129],"class_list":["post-71597","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mutual-funds","tag-nippon-india-mutual-fund"],"metadata":{"_edit_lock":["1776237270:23"],"_last_editor_used_jetpack":["block-editor"],"rank_math_internal_links_processed":["1"],"rank_math_primary_category":["3841"],"rank_math_seo_score":["78"],"rank_math_robots":["a:2:{i:0;s:8:\"nofollow\";i:1;s:7:\"noindex\";}"],"rank_math_title":["Nippon India Mutual Fund 2026: Best Schemes, Returns And SIP Guide"],"rank_math_description":["Best Nippon India Mutual Fund schemes in 2026 \u2014 Small Cap, Flexi Cap, Index, and ELSS. Returns analysis, who should invest, and step-by-step SIP guide. Updated April 2026."],"rank_math_focus_keyword":["Nippon India Mutual 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