Nippon Life India Asset Management Limited (NAM India), previously known as Reliance Nippon Life Asset Management Limited, is one of India's largest asset management firms with a total AUM of Rs. 3,62,981 Crore. It manages Nippon India Mutual Fund (NIMF) and offers a variety of services including mutual funds, ETFs, portfolio management, alternative investment funds, pension funds, and offshore advisory mandates. NAM India is promoted by Nippon Life Insurance Company, a leading Japanese private life insurer with a global presence and substantial assets of over US$ 722 billion.
Established in 1995, NAM India has expanded its reach through subsidiaries in Singapore, Mauritius, and a representative office in Dubai. It has secured mandates from significant organizations like EPFO and PFRDA, becoming a key player in managing pension and provident funds. The company has pioneered several financial products, including ETFs and alternative investment funds, and has a strong digital presence with products like the Nippon India Flexi Cap Fund. As of March 31, 2023, its managed accounts business AUM was Rs. 61,600 Crores, with substantial international investments.
